WESCO International Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WESCO International in the last year. There are currently 2 hold ratings, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" WESCO International stock.
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WESCO International is scheduled to release its next quarterly earnings announcement on Thursday, August 12th 2021.
View our earnings forecast for WESCO International.

WESCO International, Inc. (NYSE:WCC) announced its earnings results on Thursday, May, 6th. The technology company reported $1.43 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.76 by $0.67. The technology company earned $4.04 billion during the quarter, compared to the consensus estimate of $4.01 billion. WESCO International had a trailing twelve-month return on equity of 9.83% and a net margin of 0.87%. The firm's quarterly revenue was up 105.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.91 earnings per share.
View WESCO International's earnings history.

WESCO International's stock was trading at $28.49 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, WCC shares have increased by 262.1% and is now trading at $103.16.
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WESCO International updated its FY 2021 earnings guidance on Thursday, May, 27th. The company provided earnings per share guidance of 6.800-7.300 for the period, compared to the Thomson Reuters consensus estimate of $5.960. The company issued revenue guidance of $12.88 billion-$13.25 billion, compared to the consensus revenue estimate of $16.86 billion.

9 equities research analysts have issued 12-month price targets for WESCO International's stock. Their forecasts range from $40.00 to $125.00. On average, they expect WESCO International's stock price to reach $97.00 in the next twelve months. This suggests that the stock has a possible downside of 6.0%.
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198 employees have rated WESCO International CEO John J. Engel on Glassdoor.com. John J. Engel has an approval rating of 59% among WESCO International's employees. This puts John J. Engel in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to WESCO International include Fastenal (FAST), W.W. Grainger (GWW), United Rentals (URI), Watsco (WSO), Air Lease (AL), MSC Industrial Direct (MSM), Beacon Roofing Supply (BECN), Applied Industrial Technologies (AIT), GATX (GATX), Rush Enterprises (RUSHA), Textainer Group (TGH), Kaman (KAMN), H&E Equipment Services (HEES), MRC Global (MRC) and Titan Machinery (TITN).
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Based on aggregate information from My MarketBeat watchlists, some companies that other WESCO International investors own include NVIDIA (NVDA), The Walt Disney (DIS), Pfizer (PFE), QUALCOMM (QCOM), Intel (INTC), Exxon Mobil (XOM), Advanced Micro Devices (AMD), The Boeing (BA), Chevron (CVX) and Johnson & Johnson (JNJ).

WESCO International trades on the New York Stock Exchange (NYSE) under the ticker symbol "WCC."

WESCO International's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Diamond Hill Capital Management Inc. (4.50%), Geode Capital Management LLC (1.49%), Bank of New York Mellon Corp (1.12%), Peregrine Capital Management LLC (0.72%), LSV Asset Management (0.58%) and Russell Investments Group Ltd. (0.45%). Company insiders that own WESCO International stock include David S Schulz, Equity Investors Vii L Green, Hemant Porwal, John Engel, Lynn M Utter and Steven A Raymund.
View institutional ownership trends for WESCO International.

WCC stock was sold by a variety of institutional investors in the last quarter, including Friess Associates LLC, Diamond Hill Capital Management Inc., JBF Capital Inc., LSV Asset Management, Schroder Investment Management Group, Russell Investments Group Ltd., Thompson Siegel & Walmsley LLC, and SG Americas Securities LLC. Company insiders that have sold WESCO International company stock in the last year include Hemant Porwal, John Engel, Lynn M Utter, and Steven A Raymund.
View insider buying and selling activity for WESCO International or view top insider-selling stocks.

WCC stock was purchased by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Snow Capital Management LP, BNP Paribas Arbitrage SA, Geode Capital Management LLC, Paradigm Capital Management Inc. NY, Farmers & Merchants Investments Inc., Tudor Investment Corp Et Al, and Public Employees Retirement System of Ohio. Company insiders that have bought WESCO International stock in the last two years include David S Schulz, Equity Investors Vii L Green, and Hemant Porwal.
View insider buying and selling activity for WESCO International or or view top insider-buying stocks.

Shares of WCC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of WCC stock can currently be purchased for approximately $103.16.

WESCO International has a market capitalization of $5.18 billion and generates $12.33 billion in revenue each year. The technology company earns $100.56 million in net income (profit) each year or $4.37 on an earnings per share basis.

WESCO International employs 18,000 workers across the globe.

The following companies are subsidiares of WESCO International: 1502218 Alberta Ltd., Anixter International, Atlanta Electrical Distributors, Atlanta Electrical Distributors LLC, CBC LP Holdings LLC, CDW Holdco LLC, Calvert Wire & Cable Corporation, Carlton-Bates Company, Carlton-Bates Company de Mexico S.A. de C.V., Carlton-Bates Company of Texas GP Inc., 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., Hazmasters, Hazmasters Inc., Hi-Line Utility Supply, Hi-Line Utility Supply Company LLC, Hill Country Electric Supply, Hill Country Electric Supply L.P., LaPrairie, Liberty Wire & Cable Inc., Needham Electric Supply, Needham Electric Supply LLC, Obras Y Servicios Sunpark S.A.C. (OS Sunpark), SASK Alta Holdings S.A., Services Voice Video and Data Distribution de Mexico S. de R.L. de C.V., Stone Eagle Electrical Supply GP Inc., Stone Eagle Electrical Supply Limited Partnership, TVC Communications L.L.C., TVC Espana Distribucion y Venta De Equipos S.L., TVC International Holding L.L.C., TVC UK Holdings Limited, Trydor Industries, WDC Holding Inc., WDCH LP, WDCH US LP, WDI USVI LLC, WDI-Angola LDA, WDINESCO B.V., WDINESCO C.V., WDINESCO II B.V., WDINESCO II C.V., WDINESCO III B.V., WDINESCO III C.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 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., and WND Nigeria Limited.

WESCO International was founded in 1922.

The official website for WESCO International is www.wesco.com.

WESCO International is headquartered at 225 WEST STATION SQUARE DRIVE STE 700, PITTSBURGH PA, 15219.

WESCO International's mailing address is 225 WEST STATION SQUARE DRIVE STE 700, PITTSBURGH PA, 15219. The technology company can be reached via phone at (412) 454-2200 or via email at [email protected]