WESCO International (NYSE:WCC) Releases FY 2025 Earnings Guidance

WESCO International (NYSE:WCC - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 12.000-14.500 for the period, compared to the consensus earnings per share estimate of 13.560. The company issued revenue guidance of $21.8 billion-$22.7 billion, compared to the consensus revenue estimate of $22.4 billion.

WESCO International Trading Down 2.3 %

Shares of WCC stock traded down $3.78 during trading hours on Tuesday, hitting $158.81. 317,012 shares of the company's stock traded hands, compared to its average volume of 764,279. The stock has a market cap of $7.75 billion, a PE ratio of 12.13, a price-to-earnings-growth ratio of 1.45 and a beta of 1.92. The company has a quick ratio of 1.27, a current ratio of 2.20 and a debt-to-equity ratio of 1.02. WESCO International has a 12 month low of $125.21 and a 12 month high of $216.17. The stock's 50 day simple moving average is $157.71 and its 200 day simple moving average is $179.57.

WESCO International (NYSE:WCC - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The technology company reported $2.21 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.23 by ($0.02). WESCO International had a return on equity of 13.63% and a net margin of 3.29%. The firm had revenue of $5.34 billion during the quarter, compared to analyst estimates of $5.27 billion. During the same quarter last year, the firm posted $2.30 EPS. The firm's revenue for the quarter was down .1% on a year-over-year basis. On average, sell-side analysts anticipate that WESCO International will post 13.3 EPS for the current year.

WESCO International Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were paid a $0.4538 dividend. The ex-dividend date was Friday, March 14th. This is a positive change from WESCO International's previous quarterly dividend of $0.41. This represents a $1.82 annualized dividend and a yield of 1.14%. WESCO International's payout ratio is 13.69%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. Stephens lifted their price target on shares of WESCO International from $205.00 to $215.00 and gave the company an "overweight" rating in a research note on Tuesday, February 18th. StockNews.com lowered shares of WESCO International from a "buy" rating to a "hold" rating in a research note on Wednesday, February 12th. Royal Bank of Canada boosted their target price on shares of WESCO International from $212.00 to $213.00 and gave the stock a "sector perform" rating in a research report on Wednesday, February 12th. KeyCorp decreased their price objective on WESCO International from $245.00 to $205.00 and set an "overweight" rating for the company in a report on Monday, March 17th. Finally, Oppenheimer lowered their price target on WESCO International from $225.00 to $195.00 and set an "outperform" rating for the company in a research report on Monday. Two equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $215.14.

About WESCO International

WESCO International, Inc provides business-to-business distribution, logistics services, and supply chain solutions in the United States, Canada, and internationally. It operates through three segments: Electrical & Electronic Solutions (EES), Communications & Security Solutions (CSS), and Utility and Broadband Solutions (UBS).