Analyst Expectations For WESCO Intl's Future

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Analysts' ratings for WESCO Intl WCC over the last quarter vary from bullish to bearish, as provided by 7 analysts.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 5 2 0 0
Last 30D 0 1 0 0 0
1M Ago 0 3 2 0 0
2M Ago 0 0 0 0 0
3M Ago 0 1 0 0 0

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $178.43, a high estimate of $203.00, and a low estimate of $165.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 5.84%.

Diving into Analyst Ratings: An In-Depth Exploration

A clear picture of WESCO Intl's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Christopher Glynn Oppenheimer Raises Outperform $190.00 $175.00
David Manthey Baird Lowers Outperform $170.00 $203.00
Christopher Glynn Oppenheimer Lowers Outperform $175.00 $185.00
Deane Dray RBC Capital Maintains Sector Perform $173.00 -
Ken Newman Keybanc Lowers Overweight $165.00 $185.00
Deane Dray RBC Capital Lowers Sector Perform $173.00 $202.00
Deane Dray RBC Capital Raises Outperform $203.00 $187.00

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: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of WESCO Intl compared to the broader market.
  • Price Targets: Understanding forecasts, analysts offer estimates for WESCO Intl's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of WESCO Intl's market position. Stay informed and make well-informed decisions with our Ratings Table.

Stay up to date on WESCO Intl analyst ratings.

Discovering WESCO Intl: A Closer Look

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 approximately 74% of its sales in the United States, but it has a global reach, with operations in 50 other countries.

WESCO Intl: Delving into Financials

Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.

Decline in Revenue: Over the 3 months period, WESCO Intl faced challenges, resulting in a decline of approximately -1.53% in revenue growth as of 31 December, 2023. This signifies a reduction in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.

Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 2.33%, the company may need to address challenges in effective cost control.

Return on Equity (ROE): WESCO Intl's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 2.57%, the company may face hurdles in achieving optimal financial performance.

Return on Assets (ROA): WESCO Intl's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.84%, the company may face hurdles in achieving optimal financial returns.

Debt Management: WESCO Intl's debt-to-equity ratio is below the industry average at 1.18, reflecting a lower dependency on debt financing and a more conservative financial approach.

Analyst Ratings: Simplified

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

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

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