WESCO International Stock Price, News & Analysis (NYSE:WCC)

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

WESCO International declared that its board has initiated a stock repurchase program on Wednesday, December 13th 2017, which authorizes the company to repurchase $300,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company's board of directors believes its shares are undervalued.

WESCO International, Inc. (NYSE:WCC) released its quarterly earnings data on Thursday, August, 1st. The technology company reported $1.45 earnings per share for the quarter, topping the consensus estimate of $1.44 by $0.01. The technology company had revenue of $2.15 billion for the quarter, compared to analysts' expectations of $2.17 billion. WESCO International had a return on equity of 10.63% and a net margin of 2.82%. The company's quarterly revenue was up 2.2% on a year-over-year basis. During the same period in the previous year, the company posted $1.22 earnings per share. View WESCO International's Earnings History.

WESCO International is scheduled to release their next quarterly earnings announcement on Thursday, October 31st 2019. View Earnings Estimates for WESCO International.

WESCO International will be holding an earnings conference call on Thursday, October 31st 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 updated its FY19 earnings guidance on Thursday, August, 1st. The company provided EPS guidance of $5.00-5.60 for the period, compared to the Thomson Reuters consensus estimate of $5.41. The company issued revenue guidance of $8.26-8.5 billion (+1-4%), compared to the consensus revenue estimate of $8.49 billion.

8 brokerages have issued 1 year target prices for WESCO International's stock. Their forecasts range from $45.00 to $65.00. On average, they expect WESCO International's stock price to reach $55.20 in the next twelve months. This suggests a possible upside of 12.2% from the stock's current price. View Analyst Price Targets for WESCO International.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WESCO International in the last year. There are currently 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for WESCO International.

Media stories about WCC stock have trended somewhat negative recently, according to InfoTrie. The research group scores the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. WESCO International earned a news sentiment score of -1.7 on InfoTrie's scale. They also assigned headlines about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for WESCO International.

WESCO International saw a drop in short interest in September. As of September 30th, there was short interest totalling 942,000 shares, a drop of 15.9% from the August 30th total of 1,120,000 shares. Based on an average daily trading volume, of 461,500 shares, the short-interest ratio is currently 2.0 days. Approximately 2.2% of the company's shares are short sold. View WESCO International's Current Options Chain.

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), GATX (GATX), Beacon Roofing Supply (BECN), Applied Industrial Technologies (AIT), Aircastle (AYR), Kaman (KAMN), Rush Enterprises (RUSHA), H&E Equipment Services (HEES), MRC Global (MRC) and DXP Enterprises (DXPE).

Based on aggregate information from My MarketBeat watchlists, some companies that other WESCO International investors own include QUALCOMM (QCOM), Activision Blizzard (ATVI), Gilead Sciences (gild), Micron Technology (MU), NVIDIA (NVDA), Biogen (BIIB), Costco Wholesale (COST), Netflix (NFLX), PepsiCo (PEP) and TAKE-TWO INTERACTIVE SOFTWARE (TTWO).

WESCO International's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Delphi Management Inc. MA (0.06%), Campbell & CO Investment Adviser LLC (0.02%), Meeder Asset Management Inc. (0.01%), Cerebellum GP LLC (0.00%) and Cerebellum GP LLC (0.00%). Company insiders that own WESCO International stock include Christine Ann Wolf, James Louis Singleton, John K Morgan, Lynn M Utter and Sandra Beach Lin. View Institutional Ownership Trends for WESCO International.

WCC stock was sold by a variety of institutional investors in the last quarter, including Campbell & CO Investment Adviser LLC. Company insiders that have sold WESCO International company stock in the last year include James Louis Singleton, John K Morgan and Lynn M Utter. View Insider Buying and Selling for WESCO International.

WCC stock was purchased by a variety of institutional investors in the last quarter, including Meeder Asset Management Inc., Delphi Management Inc. MA, Cerebellum GP LLC and Cerebellum GP LLC. View Insider Buying and Selling for WESCO International.

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

One share of WCC stock can currently be purchased for approximately $49.18.

WESCO International has a market capitalization of $2.09 billion and generates $8.18 billion in revenue each year. The technology company earns $227.34 million in net income (profit) each year or $4.82 on an earnings per share basis. WESCO International employs 9,100 workers across the globe.View Additional Information About WESCO International.

The official website for WESCO International is http://www.wesco.com/.

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]