WESCO International Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for WESCO International in the last twelve months. There are currently 2 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" WESCO International stock.
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WESCO International saw a drop in short interest in the month of February. As of February 26th, there was short interest totaling 1,470,000 shares, a drop of 20.5% from the February 11th total of 1,850,000 shares. Based on an average trading volume of 498,000 shares, the days-to-cover ratio is presently 3.0 days. Currently, 3.3% of the shares of the stock are sold short.
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WESCO International is scheduled to release its next quarterly earnings announcement on Thursday, May 6th 2021.
View our earnings forecast for WESCO International.

WESCO International will be holding an earnings conference call on Thursday, May 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

WESCO International, Inc. (NYSE:WCC) issued its quarterly earnings data on Tuesday, February, 9th. The technology company reported $1.22 earnings per share for the quarter, missing the consensus estimate of $1.32 by $0.10. The technology company had revenue of $4.13 billion for the quarter, compared to the consensus estimate of $4.13 billion. WESCO International had a trailing twelve-month return on equity of 8.34% and a net margin of 1.42%. The company's quarterly revenue was up 96.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.32 earnings per share.
View WESCO International's earnings history.

WESCO International's stock was trading at $28.49 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, WCC stock has increased by 206.8% and is now trading at $87.41.
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WESCO International issued an update on its FY21 earnings guidance on Tuesday, February, 9th. The company provided EPS guidance of $5.50-6.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.93.

10 equities research analysts have issued 1-year target prices for WESCO International's stock. Their forecasts range from $32.00 to $110.00. On average, they anticipate WESCO International's share price to reach $71.00 in the next twelve months. This suggests that the stock has a possible downside of 18.8%.
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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), United Rentals (URI), W.W. Grainger (GWW), Watsco (WSO), Air Lease (AL), MSC Industrial Direct (MSM), Beacon Roofing Supply (BECN), Applied Industrial Technologies (AIT), GATX (GATX), Rush Enterprises (RUSHA), Kaman (KAMN), Textainer Group (TGH), 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 variety of institutional and retail investors. Top institutional shareholders include First Hawaiian Bank (0.02%). Company insiders that own WESCO International stock include David S Schulz, Equity Investors Vii L Green, Hemant Porwal, John K Morgan and Lynn M Utter.
View institutional ownership trends for WESCO International.

WCC stock was sold by a variety of institutional investors in the last quarter, including First Hawaiian Bank. Company insiders that have sold WESCO International company stock in the last year include Hemant Porwal, and Lynn M Utter.
View insider buying and selling activity for WESCO International or view top insider-selling 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 $87.41.

WESCO International has a market capitalization of $4.38 billion and generates $8.36 billion in revenue each year. The technology company earns $223.43 million in net income (profit) each year or $5.20 on an earnings per share basis.

WESCO International employs 18,000 workers across the globe.

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]