S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
How major US stock indexes fared Friday, 3/1/2024
Critical asset just had biggest fall on record (Ad)
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
Critical asset just had biggest fall on record (Ad)
Question of whether Nebraska public money can go to private schools still set for November ballot
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
How major US stock indexes fared Friday, 3/1/2024
Critical asset just had biggest fall on record (Ad)
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
Critical asset just had biggest fall on record (Ad)
Question of whether Nebraska public money can go to private schools still set for November ballot
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
How major US stock indexes fared Friday, 3/1/2024
Critical asset just had biggest fall on record (Ad)
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
Critical asset just had biggest fall on record (Ad)
Question of whether Nebraska public money can go to private schools still set for November ballot
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
How major US stock indexes fared Friday, 3/1/2024
Critical asset just had biggest fall on record (Ad)
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
Critical asset just had biggest fall on record (Ad)
Question of whether Nebraska public money can go to private schools still set for November ballot
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
NYSE:WCC

WESCO International (WCC) Stock Price, News & Analysis

$152.07
+2.58 (+1.73%)
(As of 03/1/2024 ET)
Today's Range
$149.15
$152.57
50-Day Range
$132.45
$193.83
52-Week Range
$121.90
$195.43
Volume
709,419 shs
Average Volume
904,510 shs
Market Capitalization
$7.75 billion
P/E Ratio
11.23
Dividend Yield
0.99%
Price Target
$178.83

WESCO International MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
17.6% Upside
$178.83 Price Target
Short Interest
Healthy
2.07% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.71mentions of WESCO International in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$663,100 Sold Last Quarter
Proj. Earnings Growth
19.33%
From $14.64 to $17.47 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.53 out of 5 stars

Computer And Technology Sector

69th out of 596 stocks

Electrical Apparatus & Equipment Industry

1st out of 1 stocks


WCC stock logo

About WESCO International Stock (NYSE:WCC)

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). The EES segment supplies products and supply chain solutions, including electrical equipment and supplies, automation and connected devices, security, lighting, wire and cable, and safety, as well as maintenance, repair, and operating (MRO) products. This segment also offers contractor solutions, direct and indirect manufacturing supply chain optimization programs, lighting and renewables advisory services, and digital and automation solutions. The CSS segment operates in the network infrastructure and security markets. This segment sells products directly to end-users or through various channels, including data communications contractors, security, network, professional audio/visual, and systems integrators. It also provides safety and energy management solutions. The UBS segment offers products and services to investor-owned utilities; public power companies; and service and wireless providers, broadband operators, and contractors. This segment's products include wire and cables, transformers, transmission and distribution hardware, switches, protective devices, connectors, conduits, pole line hardware, racks, cabinets, safety and MRO products, and point-to-point wireless devices. This segment also offers various service solutions, including fiber project management, high and medium voltage project design and support, pre-wired meters and capacitor banks, meter testing and metering infrastructure installation, personal protective equipment dielectric testing, and tool repair, as well as emergency response, storage yard, materials, and logistics management. The company was founded in 1922 and is headquartered in Pittsburgh, Pennsylvania.

WCC Stock Price History

WCC Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
WCC Aug 2024 150.000 put
WCC Aug 2024 115.000 put
WCC Oct 2024 145.000 put
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Wesco Agrees To Sell Integrated Supply Business To Vallen Distribution
VALLEN DISTRIBUTION TO ACQUIRE WESCO INTEGRATED SUPPLY
WCC Oct 2024 180.000 call
WCC Apr 2024 145.000 put
WESCO International: Selloff Looks Like An Overreaction
Q4 2023 Wesco International Inc Earnings Call
See More Headlines
Receive WCC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for WESCO International and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 12/29 Dividend
12/14/2023
Dividend Payable
12/29/2023
Last Earnings
2/13/2024
Today
3/01/2024
Dividend Payable
3/29/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
12/31/2024
Ex-Dividend for 3/29 Dividend
1/01/2100

Industry, Sector and Symbol

Industry
Electrical apparatus & equipment
Sub-Industry
Trading Companies & Distributors
CUSIP
95082P10
Employees
20,000
Year Founded
1922

Price Target and Rating

Average Stock Price Target
$178.83
High Stock Price Target
$210.00
Low Stock Price Target
$165.00
Potential Upside/Downside
+17.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$765.50 million
Pretax Margin
4.43%

Debt

Sales & Book Value

Annual Sales
$22.39 billion
Cash Flow
$20.75 per share
Book Value
$98.52 per share

Miscellaneous

Free Float
49,748,000
Market Cap
$7.77 billion
Optionable
Optionable
Beta
2.11

Social Links

7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed Investors Cover

As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.

Get This Free Report














WCC Stock Analysis - Frequently Asked Questions

Should I buy or sell WESCO International stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for WESCO International in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" WCC shares.
View WCC analyst ratings
or view top-rated stocks.

What is WESCO International's stock price target for 2024?

5 Wall Street analysts have issued 12-month price targets for WESCO International's shares. Their WCC share price targets range from $165.00 to $210.00. On average, they anticipate the company's stock price to reach $178.83 in the next year. This suggests a possible upside of 17.6% from the stock's current price.
View analysts price targets for WCC
or view top-rated stocks among Wall Street analysts.

How have WCC shares performed in 2024?

WESCO International's stock was trading at $173.88 at the start of the year. Since then, WCC stock has decreased by 12.5% and is now trading at $152.09.
View the best growth stocks for 2024 here
.

Are investors shorting WESCO International?

WESCO International saw a decline in short interest in February. As of February 15th, there was short interest totaling 899,000 shares, a decline of 36.2% from the January 31st total of 1,410,000 shares. Based on an average daily volume of 484,600 shares, the short-interest ratio is currently 1.9 days. Approximately 2.1% of the company's shares are short sold.
View WESCO International's Short Interest
.

When is WESCO International's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our WCC earnings forecast
.

How were WESCO International's earnings last quarter?

WESCO International, Inc. (NYSE:WCC) announced its earnings results on Tuesday, February, 13th. The technology company reported $2.65 earnings per share for the quarter, missing the consensus estimate of $3.86 by $1.21. The technology company earned $5.50 billion during the quarter, compared to analyst estimates of $5.59 billion. WESCO International had a trailing twelve-month return on equity of 17.01% and a net margin of 3.42%. The firm's quarterly revenue was down 1.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $4.13 EPS.

How often does WESCO International pay dividends? What is the dividend yield for WESCO International?

WESCO International announced a quarterly dividend on Thursday, February 29th. Investors of record on Friday, March 15th will be given a dividend of $0.4125 per share on Friday, March 29th. This represents a $1.65 annualized dividend and a yield of 1.08%. This is a boost from the stock's previous quarterly dividend of $0.38.
Read our dividend analysis for WCC
.

Is WESCO International a good dividend stock?

WESCO International (NYSE:WCC) pays an annual dividend of $1.50 per share and currently has a dividend yield of 1.00%. The dividend payout ratio is 11.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WCC will have a dividend payout ratio of 8.59% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WCC.

How will WESCO International's stock buyback program work?

WESCO International announced that its Board of Directors has initiated a stock buyback plan on Wednesday, June 1st 2022, which allows the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 14.9% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's leadership believes its shares are undervalued.

What guidance has WESCO International issued on next quarter's earnings?

WESCO International updated its FY 2024 earnings guidance on Tuesday, February, 13th. The company provided EPS guidance of for the period. The company issued revenue guidance of $22.6 billion-$23.3 billion, compared to the consensus revenue estimate of $23.3 billion.

What is John J. Engel's approval rating as WESCO International's CEO?

198 employees have rated WESCO International Chief Executive Officer John J. Engel on Glassdoor.com. John J. Engel has an approval rating of 59% among the company's employees. This puts John J. Engel in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of WESCO International own?

Based on aggregate information from My MarketBeat watchlists, some companies that other WESCO International investors own include NVIDIA (NVDA), Walt Disney (DIS), Pfizer (PFE), QUALCOMM (QCOM), Intel (INTC), Exxon Mobil (XOM), Advanced Micro Devices (AMD), Boeing (BA), Chevron (CVX) and Johnson & Johnson (JNJ).

Who are WESCO International's major shareholders?

WESCO International's stock is owned by many different retail and institutional investors. Top institutional shareholders include Lyrical Asset Management LP (1.50%), River Road Asset Management LLC (0.89%), Farmers & Merchants Investments Inc. (0.37%), LSV Asset Management (0.35%), Eagle Asset Management Inc. (0.34%) and Citadel Advisors LLC (0.00%). Insiders that own company stock include Christine Ann Wolf, David S Schulz, Diane Lazzaris, Easwaran Sundaram, Equity Investors Vii L Green, Hemant Porwal, James Cameron, James Louis Singleton, John Engel, Lynn M Utter, Nelson John Squires III and Steven A Raymund.
View institutional ownership trends
.

How do I buy shares of WESCO International?

Shares of WCC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does WESCO International have any subsidiaries?
The following companies are subsidiares of WESCO International: 1502218 Alberta Ltd., AXE Distribution Solutions Trinidad Ltd., Accu-Tech Corporation, Anixter (CIS) LLC, Anixter (Switzerland) Sàrl, Anixter (U.K.) Limited, Anixter Asia Holdings Limited, Anixter Australia Pty. Ltd., Anixter Bahamas Limited, Anixter Belgium B.V.B.A., Anixter Cables y Manufacturas S.A. de C.V., Anixter Canadian Holdings ULC, Anixter Chile S.A., Anixter Colombia S.A.S., Anixter Communications (Malaysia) Sdn Bhd, Anixter Communications (Shanghai) Co. Limited, Anixter Costa Rica S.A., Anixter Deutschland GmbH, Anixter Dominicana SRL, Anixter Egypt LLC, Anixter España S.L., Anixter Eurotwo Holdings B.V., Anixter Financial Inc., Anixter France SARL, Anixter Guatemala y Compañia Limitada, Anixter Holdings Inc., Anixter Holdings Mexico LLC, Anixter Hong Kong Limited, Anixter India Private Limited, Anixter Information Systems LLC, Anixter International, Anixter Jamaica Limited, Anixter Japan KK, Anixter Logistica y Servicios S.A. de C.V., Anixter Magyarország Elektronikus Hálózati Rendszer Kereskedelmi és Szolgáltató Kft, Anixter Middle East FZE, Anixter Morocco SARL AU, Anixter New Zealand Limited, Anixter Operaciones y Logistica s De RL De CV, Anixter Panama S.A., Anixter Pension Scheme Trustees Limited, Anixter Peru S.A.C., Anixter Philippines Inc., Anixter Portugal S.A., Anixter Procurement Corporation, Anixter Puerto Rico Inc., Anixter Real-Estate LLC, Anixter Singapore Pte. Ltd., Anixter Sub Holdings B.V, Anixter Thailand Inc., Anixter Venezuela Inc., Anixter do Brasil Ltda, Atlanta Electrical Distributors, Atlanta Electrical Distributors LLC, Atlas Gentech (NZ) Limited, Avon Electrical Supplies, Brews Supply, Brown Wholesale Electric, CBC LP Holdings LLC, CDW Holdco LLC, Calvert Wire & Cable Corporation, Carlton-Bates Company, Carlton-Bates Company (CBC), Carlton-Bates Company de Mexico S.A. de C.V., Central Security Distribution Pty. Ltd, Communications Supply Corporation, Conney Investment Holdings LLC, Conney Safety Products, Conney Safety Products LLC, Distribuidora Materiales Electricos E-Supply Limitada, EECOL Electric, EECOL Electric Bolivia Ltda, EECOL Electric Corp., EECOL Electric Peru S.A.C, EECOL Industrial Electric (SudAmerica) Limitada, EECOL Industrial Electric Ecuador Limitada, EECOL Industrial Electric Limitada, EECOL Power S.A., EECOL Properties Corp, Eurinvest B.V., Eurinvest Cooperatief U.A., Fastec Industrial, HMH Pension Trustees Limited, Hazmasters, Hazmasters Inc., Herning Underground Supply, Hi-Line Utility Supply, Hi-Line Utility Supply Company LLC, Hill Country Electric Supply, Hill Country Electric Supply L.P., ICV GP Inc., Itel Container Ventures Inc., Itel Corporation, Itel Rail Holdings Corporation, J-Mark Inc., LaPrairie, Liberty Wire & Cable Inc., Monti Electric Supply, Needham Electric Supply, Needham Electric Supply LLC, Obras Y Servicios Sunpark S.A.C. (OS Sunpark), PT Anixter Indonesia, Potelcom Supply, RECO LLC, RS Electronics, Reily Electrical Supply, SASK Alta Holdings S.A., Services Voice Video and Data Distribution de Mexico S. de R.L. de C.V., Servicios Anixter S.A. de C.V., Signal Capital Corporation, Signal Capital Projects Inc., Stone Eagle Electrical Supply GP Inc., Stone Eagle Electrical Supply Limited Partnership, TVC Communications, TVC Communications L.L.C., TVC Espana Distribucion y Venta De Equipos S.L., TVC International Holding L.L.C., TVC UK Holdings Limited, Tri-Ed Puerto Rico Ltd. Inc., Trydor Industries, Voice Video and Data Distribution de Mexico S. de R.L. de C.V., WDC Holding Inc., WDCH LP, WDCH US LP, WDI USVI LLC, WDI-Angola LDA, WDINESCO B.V., WDINESCO II B.V., WDINESCO III B.V., WEAS Company S. de R.L., WESCO (Suzhou) Trading Co. Ltd., WESCO Australia Pty Ltd, WESCO Canada GP Inc., WESCO Canada I LP, WESCO DC Holding I LP, WESCO DC Holding II LP, WESCO DC Holding III LP, WESCO DC Holding IV LP, WESCO Distribution Canada Co., WESCO Distribution Canada LP, WESCO Distribution HK Limited, WESCO Distribution II ULC, WESCO Distribution III ULC, WESCO Distribution IV Inc., WESCO Distribution Inc., WESCO Distribution Ireland Limited, WESCO Distribution NL B.V., WESCO Distribution Pte. Ltd., WESCO Distribution de Mexico S. de R.L., WESCO Distribution-International Limited, WESCO Enterprises Inc., WESCO Equity Corporation, WESCO Holdings LLC, WESCO Integrated Supply, WESCO Integrated Supply Inc., WESCO Integrated Supply Polska Spolka z o.o., WESCO Netherlands B.V., WESCO Nevada Ltd., WESCO Nigeria Inc., WESCO Procurement Canada ULC, WESCO Real Estate I LLC, WESCO Real Estate II LLC, WESCO Real Estate III LLC, WESCO Real Estate IV LLC, WESCO Receivables Corp., WESCO Services LLC, WESCO TLD Holdings Co. Ltd., WND Nigeria Limited, WireXpress Ltd., XpressConnect Supply Inc., and XpressConnect Supply Mexico S.A. de C.V..
Read More
This page (NYSE:WCC) was last updated on 3/2/2024 by MarketBeat.com Staff