WESCO International (NYSE:WCC) Issues Earnings Results

WESCO International (NYSE:WCC) issued its quarterly earnings data on Tuesday. The technology company reported $3.16 earnings per share for the quarter, missing the consensus estimate of $3.23 by ($0.07), Zacks reports. WESCO International had a net margin of 3.19% and a return on equity of 13.19%. WESCO International updated its FY 2025 guidance to 12.000-14.500 EPS.

WESCO International Stock Up 2.5 %

Shares of NYSE:WCC opened at $193.22 on Thursday. The firm has a market cap of $9.47 billion, a P/E ratio of 15.47, a P/E/G ratio of 1.34 and a beta of 2.01. WESCO International has a 12-month low of $132.37 and a 12-month high of $216.17. The business has a fifty day simple moving average of $187.14 and a 200 day simple moving average of $179.65. 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 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a $0.4125 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.65 annualized dividend and a dividend yield of 0.85%. WESCO International’s dividend payout ratio is 13.21%.

Analyst Upgrades and Downgrades

WCC has been the topic of several recent research reports. Baird R W raised shares of WESCO International from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 16th. Robert W. Baird boosted their price objective 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. KeyCorp raised their target price on WESCO International from $225.00 to $245.00 and gave the company an “overweight” rating in a report on Monday, December 9th. StockNews.com downgraded WESCO International from a “buy” rating to a “hold” rating in a research report on Wednesday. Finally, Stephens boosted their target price on WESCO International from $190.00 to $205.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 5th. Two research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $217.63.

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).