QQQ   332.28 (-0.23%)
AAPL   173.03 (-0.09%)
MSFT   292.71 (-0.26%)
META   179.47 (-0.79%)
GOOGL   121.70 (-0.31%)
AMZN   144.78 (+1.12%)
TSLA   919.69 (-0.89%)
NVDA   188.79 (-0.80%)
NIO   20.91 (-1.83%)
BABA   92.65 (-1.65%)
AMD   100.20 (-0.80%)
MU   63.86 (-1.30%)
T   18.57 (+0.98%)
CGC   3.78 (-1.05%)
F   16.43 (+0.67%)
GE   81.07 (+1.58%)
DIS   124.96 (+0.56%)
AMC   24.81 (+2.48%)
PYPL   102.08 (+0.56%)
PFE   49.86 (+0.22%)
NFLX   245.69 (-1.37%)
QQQ   332.28 (-0.23%)
AAPL   173.03 (-0.09%)
MSFT   292.71 (-0.26%)
META   179.47 (-0.79%)
GOOGL   121.70 (-0.31%)
AMZN   144.78 (+1.12%)
TSLA   919.69 (-0.89%)
NVDA   188.79 (-0.80%)
NIO   20.91 (-1.83%)
BABA   92.65 (-1.65%)
AMD   100.20 (-0.80%)
MU   63.86 (-1.30%)
T   18.57 (+0.98%)
CGC   3.78 (-1.05%)
F   16.43 (+0.67%)
GE   81.07 (+1.58%)
DIS   124.96 (+0.56%)
AMC   24.81 (+2.48%)
PYPL   102.08 (+0.56%)
PFE   49.86 (+0.22%)
NFLX   245.69 (-1.37%)
QQQ   332.28 (-0.23%)
AAPL   173.03 (-0.09%)
MSFT   292.71 (-0.26%)
META   179.47 (-0.79%)
GOOGL   121.70 (-0.31%)
AMZN   144.78 (+1.12%)
TSLA   919.69 (-0.89%)
NVDA   188.79 (-0.80%)
NIO   20.91 (-1.83%)
BABA   92.65 (-1.65%)
AMD   100.20 (-0.80%)
MU   63.86 (-1.30%)
T   18.57 (+0.98%)
CGC   3.78 (-1.05%)
F   16.43 (+0.67%)
GE   81.07 (+1.58%)
DIS   124.96 (+0.56%)
AMC   24.81 (+2.48%)
PYPL   102.08 (+0.56%)
PFE   49.86 (+0.22%)
NFLX   245.69 (-1.37%)
QQQ   332.28 (-0.23%)
AAPL   173.03 (-0.09%)
MSFT   292.71 (-0.26%)
META   179.47 (-0.79%)
GOOGL   121.70 (-0.31%)
AMZN   144.78 (+1.12%)
TSLA   919.69 (-0.89%)
NVDA   188.79 (-0.80%)
NIO   20.91 (-1.83%)
BABA   92.65 (-1.65%)
AMD   100.20 (-0.80%)
MU   63.86 (-1.30%)
T   18.57 (+0.98%)
CGC   3.78 (-1.05%)
F   16.43 (+0.67%)
GE   81.07 (+1.58%)
DIS   124.96 (+0.56%)
AMC   24.81 (+2.48%)
PYPL   102.08 (+0.56%)
PFE   49.86 (+0.22%)
NFLX   245.69 (-1.37%)
NYSE:WCC

WESCO International - WCC Stock Forecast, Price & News

$143.62
+1.29 (+0.91%)
(As of 08/16/2022 12:00 AM ET)
Add
Compare
Today's Range
$141.06
$144.42
50-Day Range
$101.30
$143.62
52-Week Range
$99.00
$144.43
Volume
390,953 shs
Average Volume
530,889 shs
Market Capitalization
$7.28 billion
P/E Ratio
11.88
Dividend Yield
N/A
Price Target
$163.75

WESCO International MarketRank™ Forecast

Analyst Rating
Buy
3.25 Rating Score
Upside/​Downside
14.0% Upside
$163.75 Price Target
Short Interest
Healthy
3.17% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.54mentions of WESCO International in the last 14 days
Based on 9 Articles This Week
Insider Trading
Acquiring Shares
$61.50 M Bought Last Quarter
Proj. Earnings Growth
3.75%
From $16.02 to $16.62 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.73 out of 5 stars

Computer And Technology Sector

93rd out of 664 stocks

Electrical Apparatus & Equipment Industry

1st out of 1 stocks

WCC stock logo

About WESCO International (NYSE:WCC) Stock

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 cable, 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.

WESCO International Stock Up 0.9 %

Shares of WESCO International stock traded up $1.29 during trading on Tuesday, hitting $143.62. 390,953 shares of the stock traded hands, compared to its average volume of 530,889. The company has a current ratio of 2.12, a quick ratio of 1.24 and a debt-to-equity ratio of 1.23. The stock's fifty day simple moving average is $117.29 and its 200 day simple moving average is $122.31. The firm has a market cap of $7.28 billion, a P/E ratio of 11.77, a price-to-earnings-growth ratio of 0.88 and a beta of 2.15. WESCO International has a 52-week low of $99.00 and a 52-week high of $144.43.

WESCO International (NYSE:WCC - Get Rating) last posted its earnings results on Thursday, August 4th. The technology company reported $4.19 EPS for the quarter, beating analysts' consensus estimates of $3.81 by $0.38. WESCO International had a net margin of 3.45% and a return on equity of 19.32%. The business had revenue of $5.50 billion for the quarter, compared to the consensus estimate of $5.31 billion. During the same quarter last year, the firm posted $2.64 EPS. The company's revenue for the quarter was up 19.7% on a year-over-year basis. On average, equities analysts predict that WESCO International will post 16.02 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on WCC. StockNews.com cut shares of WESCO International from a "buy" rating to a "hold" rating in a report on Thursday, July 21st. KeyCorp upped their target price on shares of WESCO International from $150.00 to $155.00 and gave the stock an "overweight" rating in a research note on Friday, August 5th. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, WESCO International presently has a consensus rating of "Buy" and an average target price of $163.75.

Insiders Place Their Bets

In related news, major shareholder Equity Investors Vii L. Green purchased 100,000 shares of the business's stock in a transaction dated Monday, August 8th. The shares were acquired at an average cost of $133.96 per share, for a total transaction of $13,396,000.00. Following the acquisition, the insider now owns 3,412,258 shares of the company's stock, valued at approximately $457,106,081.68. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other news, major shareholder Equity Investors Vii L. Green bought 370,239 shares of the firm's stock in a transaction that occurred on Thursday, August 4th. The stock was bought at an average price of $129.92 per share, with a total value of $48,101,450.88. Following the completion of the transaction, the insider now directly owns 3,287,813 shares of the company's stock, valued at approximately $427,152,664.96. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Equity Investors Vii L. Green purchased 100,000 shares of the business's stock in a transaction on Monday, August 8th. The stock was purchased at an average cost of $133.96 per share, for a total transaction of $13,396,000.00. Following the completion of the acquisition, the insider now directly owns 3,412,258 shares of the company's stock, valued at approximately $457,106,081.68. The disclosure for this purchase can be found here. 2.60% of the stock is owned by company insiders.

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.

WCC Stock News Headlines

Best Value Stocks to Buy for August 15th
WESCO International (NYSE:WCC) Price Target Raised to $155.00
Wesco International Inc Announces Rise In Q2 Profit
WESCO International Inc - Stock Dividends WCC
WESCO International Inc - Stock Valuation WCC
WESCO International Inc - Stock Financials WCC
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.

WCC Company Calendar

Last Earnings
8/04/2022
Today
8/16/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Electrical apparatus & equipment
Sub-Industry
Trading Companies & Distributors
CUSIP
95082P10
Employees
18,000
Year Founded
1922

Price Target and Rating

Average Stock Price Forecast
$163.75
High Stock Price Forecast
$170.00
Low Stock Price Forecast
$155.00
Forecasted Upside/Downside
+14.0%
Consensus Rating
Buy
Rating Score (0-4)
3.25
Research Coverage
4 Analysts

Profitability

Net Income
$465.38 million
Pretax Margin
4.42%

Debt

Sales & Book Value

Annual Sales
$18.22 billion
Cash Flow
$14.96 per share
Book Value
$74.81 per share

Miscellaneous

Free Float
49,397,000
Market Cap
$7.28 billion
Optionable
Optionable
Beta
2.15

Social Links















WCC Stock - Frequently Asked Questions

Should I buy or sell WESCO International stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for WESCO International in the last twelve months. There are currently 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" WCC shares.
View WCC analyst ratings
or view top-rated stocks.

What is WESCO International's stock price forecast for 2022?

4 brokerages have issued 12 month price objectives for WESCO International's shares. Their WCC share price forecasts range from $155.00 to $170.00. On average, they anticipate the company's stock price to reach $163.75 in the next year. This suggests a possible upside of 14.0% 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 2022?

WESCO International's stock was trading at $131.59 at the beginning of the year. Since then, WCC stock has increased by 9.1% and is now trading at $143.62.
View the best growth stocks for 2022 here
.

Are investors shorting WESCO International?

WESCO International saw a increase in short interest in the month of July. As of July 15th, there was short interest totaling 1,440,000 shares, an increase of 39.8% from the June 30th total of 1,030,000 shares. Based on an average daily trading volume, of 658,700 shares, the days-to-cover ratio is presently 2.2 days. Approximately 3.2% of the company's shares are sold short.
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, November 3rd 2022.
View our WCC earnings forecast
.

How were WESCO International's earnings last quarter?

WESCO International, Inc. (NYSE:WCC) released its quarterly earnings results on Thursday, August, 4th. The technology company reported $4.19 earnings per share for the quarter, topping the consensus estimate of $3.81 by $0.38. The technology company had revenue of $5.50 billion for the quarter, compared to analyst estimates of $5.31 billion. WESCO International had a net margin of 3.45% and a trailing twelve-month return on equity of 19.32%. The business's quarterly revenue was up 19.7% on a year-over-year basis. During the same period in the prior year, the company earned $2.64 EPS.

How will WESCO International's stock buyback program work?

WESCO International announced that its Board of Directors has approved a share repurchase program 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 purchase up to 14.9% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's management believes its shares are undervalued.

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

WESCO International issued an update on its FY 2022 earnings guidance on Thursday, August, 11th. The company provided EPS guidance of $15.60-$16.40 for the period. The company issued revenue guidance of $21.13 billion-$21.50 billion, compared to the consensus revenue estimate of $20.82 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).

What is WESCO International's stock symbol?

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

Who are WESCO International's major shareholders?

WESCO International's stock is owned by many different institutional and retail investors. Top institutional investors include Twin Tree Management LP (0.00%), Farmers & Merchants Investments Inc. (0.33%), Braun Stacey Associates Inc. (0.27%), Kornitzer Capital Management Inc. KS (0.23%), California Public Employees Retirement System (0.19%) and UBS Asset Management Americas Inc. (0.16%). Insiders that own company stock include David S Schulz, David S Schulz, Diane Lazzaris, Easwaran Sundaram, Equity Investors Vii L Green, Hemant Porwal, James Cameron, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is WESCO International's stock price today?

One share of WCC stock can currently be purchased for approximately $143.62.

How much money does WESCO International make?

WESCO International (NYSE:WCC) has a market capitalization of $7.28 billion and generates $18.22 billion in revenue each year. The technology company earns $465.38 million in net income (profit) each year or $12.09 on an earnings per share basis.

How many employees does WESCO International have?

The company employs 18,000 workers across the globe.

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
When was WESCO International founded?

WESCO International was founded in 1922.

How can I contact WESCO International?

WESCO International's mailing address is 225 WEST STATION SQUARE DRIVE STE 700, PITTSBURGH PA, 15219. The official website for the company is www.wesco.com. The technology company can be reached via phone at (412) 454-2200, via email at investorrelations@wescodist.com, or via fax at 412-454-2595.

This page (NYSE:WCC) was last updated on 8/16/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.