A Closer Look at 6 Analyst Recommendations For WESCO Intl

WESCO Intl WCC has been analyzed by 6 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

Analysts have recently evaluated WESCO Intl and provided 12-month price targets. The average target is $176.5, accompanied by a high estimate of $203.00 and a low estimate of $165.00. This current average has decreased by 8.26% from the previous average price target of $192.40.

Diving into Analyst Ratings: An In-Depth Exploration

A comprehensive examination of how financial experts perceive WESCO Intl is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to WESCO Intl. This information offers a snapshot of how analysts perceive the current state of the company.
• Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of WESCO Intl compared to the broader market.
• Price Targets: Delving into movements, analysts provide estimates for the future value of WESCO Intl's stock. This analysis reveals shifts in analysts' expectations over time.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of WESCO Intl's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on WESCO Intl analyst ratings.

All You Need to Know About WESCO Intl

Wesco International is an industrial distributor that has three reportable segments, electrical and electronic solutions, communications and security solutions, and utility and broadband solutions. The company offers more than 1.5 million products to its 140,000 active customers through a distribution network of 800 branches, warehouses, and sales offices, including 43 distribution centers. Wesco generates 74% of its sales in the United States, but it has a global reach, with operations in 50 other countries.

WESCO Intl's Economic Impact: An Analysis

Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.

Revenue Growth: Over the 3 months period, WESCO Intl showcased positive performance, achieving a revenue growth rate of 3.64% as of 30 September, 2023. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: WESCO Intl's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 3.88%, the company may face hurdles in effective cost management.

Return on Equity (ROE): WESCO Intl's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 4.52%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): WESCO Intl's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 1.44%, the company may face hurdles in achieving optimal financial returns.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 1.22.

Analyst Ratings: What Are They?

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

This article was generated by Benzinga's automated content engine and reviewed by an editor.