A share price of Wesco International, Inc [WCC] is currently trading at $188.83, up 3.83%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The WCC shares have gain 2.75% over the last week, with a monthly amount drifted -3.66%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Wesco International, Inc [NYSE: WCC] stock has seen the most recent analyst activity on October 16, 2024, when Robert W. Baird upgraded its rating to a Outperform and also boosted its price target to $550 from $522. Previously, Robert W. Baird downgraded its rating to Neutral on May 29, 2024, and dropped its price target to $195. On February 13, 2024, downgrade downgraded it’s rating to Sector Perform and revised its price target to $173 on the stock. JP Morgan upgraded its rating to a Overweight but stick to its price target of $180 on October 06, 2023. Robert W. Baird upgraded its rating to a Outperform but $180 remained the price target by the analyst firm on May 05, 2023. Jefferies upgraded its rating to Buy for this stock on October 17, 2022, and upped its price target to $150. In a note dated August 03, 2021, Loop Capital initiated an Buy rating and provided a target price of $125 on this stock.
Wesco International, Inc experienced fluctuations in its stock price throughout the past year between $132.37 and $216.17. Currently, Wall Street analysts expect the stock to reach $348.33 within the next 12 months. Wesco International, Inc [NYSE: WCC] shares were valued at $188.83 at the most recent close of the market. An investor can expect a potential return of 84.47% based on the average WCC price forecast.
Analyzing the WCC fundamentals
Trailing Twelve Months sales for Wesco International, Inc [NYSE:WCC] were 21.79B which represents -2.75% decline. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.14 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.12.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 184.59 points at the first support level, and at 180.34 for the second support level. However, for the 1st resistance point, the stock is sitting at 191.35, and for the 2nd resistance point, it is at 193.86.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Wesco International, Inc [NYSE:WCC] is 2.21. As well, the Quick Ratio is 1.29, while the Cash Ratio is 0.18. Considering the valuation of this stock, the price to sales ratio is 0.42, the price to book ratio is 1.83 and price to earnings (TTM) ratio is 15.11.
Transactions by insiders
Recent insider trading involved Kulasa Matthew S, SVP, Corp. Controller & CAO, that happened on Nov 22 ’24 when 278.0 shares were sold. EVP & CHRO, Wolf Christine Ann completed a deal on Nov 25 ’24 to sell 2038.0 shares. Meanwhile, EVP & GM, EES Squires Nelson John III sold 5000.0 shares on Nov 25 ’24.
