WESCO International (NYSE:WCC) Issues Quarterly Earnings Results

WESCO International (NYSE:WCC) issued its quarterly earnings results on Tuesday. The technology company reported $3.16 earnings per share (EPS) 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 Price Performance

Shares of WCC opened at $185.32 on Tuesday. The business’s fifty day moving average is $187.96 and its 200 day moving average is $179.43. WESCO International has a 12-month low of $132.37 and a 12-month high of $216.17. The company has a quick ratio of 1.29, a current ratio of 2.21 and a debt-to-equity ratio of 0.99. The stock has a market cap of $9.08 billion, a P/E ratio of 14.84, a P/E/G ratio of 1.34 and a beta of 2.01.

WESCO International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a $0.4125 dividend. The ex-dividend date was Friday, December 13th. This represents a $1.65 dividend on an annualized basis and a yield of 0.89%. WESCO International’s dividend payout ratio (DPR) is presently 13.21%.

Analysts Set New Price Targets

A number of research firms have issued reports on WCC. Royal Bank of Canada lifted their target price on WESCO International from $186.00 to $199.00 and gave the company a “sector perform” rating in a research report on Friday, November 1st. Stephens upped their price objective on shares of WESCO International from $190.00 to $205.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 5th. Baird R W raised WESCO International from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 16th. Robert W. Baird lifted their target price on WESCO International from $215.00 to $223.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Finally, KeyCorp lifted their price objective on WESCO International from $225.00 to $245.00 and gave the stock an “overweight” rating in a research note on Monday, December 9th. One research analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, WESCO International presently has an average rating of “Buy” and an average price target of $215.88.

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).