Analysts Point To Wesco International, Inc. (NYSE: WCC) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Recently, Yahoo Finance discussed the stock, revealing that Wesco International Expands Partnership With Habitat for Humanity.

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Stocks Info

As a NYSE listed company, WCC falls under the Industrials sector while operating within the Industrial Distribution industry segment. The current market capitalization of Wesco International, Inc. is $8.65B. A total of 0.62 million shares were traded on the day, compared to an average of 567.76K shares.

In the most recent transaction, Schulz David S. sold 1,867 shares of WCC for 167.07 per share on Mar 01 ’28. After the transaction, the EVP & CFO now owns 100,703 company shares. In a previous transaction on Mar 11 ’24, Cameron James sold 5,352 shares at 156.39 per share. WCC shares that EVP & GM, Util & Broadband owns now total 33,595.

Among the insiders who sold shares, Squires Nelson John III disposed of 3,490 shares on Feb 08 ’24 at a per-share price of $190.00. This resulted in the EVP & GM, EES holding 54,385 shares of WCC after the transaction. In another insider transaction, Porwal Hemant sold 13,000 shares at $154.12 per share on Nov 29 ’23. Company shares held by the EVP Supply Chain & Operations now total 14,089.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Wesco International, Inc. pays an annual dividend of $1.54, resulting in a dividend yield of 0.91%, and it has a price to earnings (P/E) ratio of 12.54. WCC’s most recent ex-dividend date was 3/14/2024 when it declared a $0.4125 quarterly dividend that was paid in cash on 3/29/2024. Previously, the company paid the dividend on 12/29/2023 with an ex-dividend date of 12/14/2023. The WCC stock dividend was $0.3750 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, WCC has a high of $195.43 and a low of $121.90.

As of this writing, WCC has an earnings estimate of $2.75 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of $3.57 per share and a lower estimate of $2.25. The company reported an EPS of $4.49 in the last quarter, which was 15.70% higher than expectations of $3.88.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. WCC’s latest balance sheet shows that the firm has $212.58M in Cash & Short Term Investments as of fiscal 2021. There were $5.13B in debt and $3.05B in liabilities at the time. Its Book Value Per Share was $98.97, while its Total Shareholder’s Equity was $3.78B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for WCC is Buy with a score of 4.78.

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