What is Zacks Research’s Estimate for WCC Q4 Earnings?

WESCO International, Inc. (NYSE:WCC) – Research analysts at Zacks Research cut their Q4 2024 earnings per share (EPS) estimates for shares of WESCO International in a report released on Thursday, November 21st. Zacks Research analyst R. Department now forecasts that the technology company will earn $3.25 per share for the quarter, down from their previous estimate of $3.55. The consensus estimate for WESCO International’s current full-year earnings is $12.22 per share. Zacks Research also issued estimates for WESCO International’s Q1 2025 earnings at $2.34 EPS, Q2 2025 earnings at $3.59 EPS, Q3 2025 earnings at $3.55 EPS, Q4 2025 earnings at $4.01 EPS, FY2025 earnings at $13.50 EPS, Q2 2026 earnings at $4.12 EPS, Q3 2026 earnings at $4.48 EPS and FY2026 earnings at $15.80 EPS.

A number of other brokerages also recently issued reports on WCC. Oppenheimer boosted their price target on WESCO International from $205.00 to $225.00 and gave the company an “outperform” rating in a report on Friday, November 1st. Robert W. Baird lifted their price target on shares of WESCO International from $215.00 to $223.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. Royal Bank of Canada lifted their price objective on WESCO International from $186.00 to $199.00 and gave the company a “sector perform” rating in a research note on Friday, November 1st. KeyCorp upped their target price on shares of WESCO International from $195.00 to $225.00 and gave the stock an “overweight” rating in a research note on Friday, November 1st. Finally, Loop Capital boosted their target price on WESCO International from $190.00 to $210.00 and gave the stock a “buy” rating in a research report on Friday, September 27th. One research analyst has rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, WESCO International currently has a consensus rating of “Buy” and a consensus target price of $208.86.

WESCO International Stock Down 1.0 %

Shares of NYSE WCC opened at $210.98 on Monday. The firm’s fifty day moving average is $182.85 and its 200 day moving average is $172.43. WESCO International has a 52 week low of $132.37 and a 52 week high of $216.17. The company has a market cap of $10.34 billion, a price-to-earnings ratio of 16.89, a PEG ratio of 1.72 and a beta of 2.01. The company has a quick ratio of 1.29, a current ratio of 2.21 and a debt-to-equity ratio of 0.99.

WESCO International (NYSE:WCC) last posted its quarterly earnings results on Thursday, October 31st. The technology company reported $3.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.22 by $0.36. The business had revenue of $5.49 billion during the quarter, compared to analyst estimates of $5.46 billion. WESCO International had a net margin of 3.19% and a return on equity of 13.19%. The company’s revenue was down 2.7% on a year-over-year basis. During the same period in the prior year, the business posted $4.49 earnings per share.

WESCO International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 13th were paid a $0.4125 dividend. This represents a $1.65 annualized dividend and a dividend yield of 0.78%. The ex-dividend date was Friday, September 13th. WESCO International’s dividend payout ratio (DPR) is currently 13.21%.

Insider Buying and Selling at WESCO International

In other WESCO International news, Director Steven A. Raymund sold 5,819 shares of the business’s stock in a transaction on Thursday, September 26th. The shares were sold at an average price of $171.56, for a total value of $998,307.64. Following the sale, the director now owns 27,004 shares in the company, valued at $4,632,806.24. The trade was a 17.73 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO David S. Schulz sold 14,938 shares of the firm’s stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $206.55, for a total value of $3,085,443.90. Following the transaction, the chief financial officer now owns 104,471 shares of the company’s stock, valued at $21,578,485.05. This represents a 12.51 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 33,586 shares of company stock valued at $6,565,762 over the last 90 days. 3.10% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On WESCO International

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Quent Capital LLC lifted its position in shares of WESCO International by 9.9% during the first quarter. Quent Capital LLC now owns 3,703 shares of the technology company’s stock worth $634,000 after purchasing an additional 333 shares during the last quarter. Redwood Investment Management LLC purchased a new position in shares of WESCO International during the 1st quarter valued at about $639,000. Motley Fool Asset Management LLC acquired a new position in WESCO International in the first quarter valued at approximately $543,000. GAMMA Investing LLC lifted its stake in shares of WESCO International by 65.4% in the 2nd quarter. GAMMA Investing LLC now owns 253 shares of the technology company’s stock valued at $40,000 after purchasing an additional 100 shares during the period. Finally, Harbor Capital Advisors Inc. raised its position in shares of WESCO International by 860.5% in the second quarter. Harbor Capital Advisors Inc. now owns 12,381 shares of the technology company’s stock worth $1,963,000 after acquiring an additional 11,092 shares during the period. 93.76% of the stock is currently owned by hedge funds and other institutional investors.

WESCO International Company Profile

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).