Is WESCO International Stock a Good Investment?
WESCO International Investment Advice | WCC |
- Examine WESCO International's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research WESCO International's leadership team and their track record. Good management can help WESCO International navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Trading Companies & Distributors space and any emerging trends that could impact WESCO International's business and its evolving consumer preferences.
- Compare WESCO International's performance and market position to its competitors. Analyze how WESCO International is positioned in terms of product offerings, innovation, and market share.
- Check if WESCO International pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about WESCO International's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in WESCO International stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if WESCO International is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine WESCO International Stock
Researching WESCO International's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 96.0% of the company outstanding shares are owned by institutional investors. The book value of WESCO International was at this time reported as 102.91. The company has Price/Earnings To Growth (PEG) ratio of 1.89. WESCO International recorded earning per share (EPS) of 12.49. The entity last dividend was issued on the 13th of September 2024. The firm had 5:289 split on the 13th of May 1999.
To determine if WESCO International is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding WESCO International's research are outlined below:
| WESCO International has a poor financial position based on the latest SEC disclosures | |
| Over 96.0% of the company outstanding shares are owned by institutional investors | |
| On 30th of September 2024 WESCO International paid $ 0.4125 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Thompson Siegel Walmsley LLC Has 43.42 Million Holdings in WESCO International, Inc. - MarketBeat |
WESCO International Quarterly Liabilities And Stockholders Equity |
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WESCO International uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in WESCO International. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to WESCO International's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact WESCO International's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises WESCO International's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2003-10-22 | 2003-09-30 | 0.16 | 0.18 | 0.02 | 12 | ||
2003-07-23 | 2003-06-30 | 0.14 | 0.16 | 0.02 | 14 | ||
2003-04-23 | 2003-03-31 | 0.08 | 0.1 | 0.02 | 25 | ||
2002-07-24 | 2002-06-30 | 0.14 | 0.12 | -0.02 | 14 | ||
2000-02-10 | 1999-12-31 | 0.16 | 0.14 | -0.02 | 12 | ||
2002-04-24 | 2002-03-31 | 0.11 | 0.0822 | -0.0278 | 25 | ||
1999-10-26 | 1999-09-30 | 0.3 | 0.27 | -0.03 | 10 | ||
2005-02-03 | 2004-12-31 | 0.34 | 0.38 | 0.04 | 11 |
Know WESCO International's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as WESCO International is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading WESCO International backward and forwards among themselves. WESCO International's institutional investor refers to the entity that pools money to purchase WESCO International's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Leonard Green Partners Lp | 2024-09-30 | 1.3 M | Boston Partners Global Investors, Inc | 2024-09-30 | 924.9 K | Geode Capital Management, Llc | 2024-09-30 | 762.7 K | Newsouth Capital Management Inc | 2024-09-30 | 711.6 K | Lyrical Asset Management Lp | 2024-09-30 | 711.3 K | Jpmorgan Chase & Co | 2024-06-30 | 696.6 K | Gmt Capital Corp | 2024-06-30 | 638.2 K | Macquarie Group Ltd | 2024-06-30 | 617.2 K | Aqr Capital Management Llc | 2024-06-30 | 610.2 K | Blackrock Inc | 2024-06-30 | 4.7 M | Vanguard Group Inc | 2024-09-30 | 4.7 M |
WESCO International's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 10.28 B.Market Cap |
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WESCO International's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.08 | 0.06 | |
| Return On Capital Employed | 0.12 | 0.15 | |
| Return On Assets | 0.05 | 0.03 | |
| Return On Equity | 0.15 | 0.18 |
Determining WESCO International's profitability involves analyzing its financial statements and using various financial metrics to determine if WESCO International is a good buy. For example, gross profit margin measures WESCO International's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of WESCO International's profitability and make more informed investment decisions.
WESCO International's Earnings Breakdown by Geography
Please note, the presentation of WESCO International's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, WESCO International's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of WESCO International's management manipulating its earnings.
Evaluate WESCO International's management efficiency
WESCO International has Return on Asset of 0.0536 % which means that on every $100 spent on assets, it made $0.0536 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1403 %, implying that it generated $0.1403 on every 100 dollars invested. WESCO International's management efficiency ratios could be used to measure how well WESCO International manages its routine affairs as well as how well it operates its assets and liabilities. At present, WESCO International's Return On Equity is projected to slightly decrease based on the last few years of reporting. At present, WESCO International's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 688.7 M, whereas Non Currrent Assets Other are forecasted to decline to about 306.2 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 98.47 | 103.40 | |
| Tangible Book Value Per Share | (1.72) | (1.81) | |
| Enterprise Value Over EBITDA | 9.17 | 7.04 | |
| Price Book Value Ratio | 1.76 | 1.31 | |
| Enterprise Value Multiple | 9.17 | 7.04 | |
| Price Fair Value | 1.76 | 1.31 | |
| Enterprise Value | 4 B | 2 B |
WESCO International showcases strong leadership that adapts to market changes and drives innovation. Our analysis explores how this adaptability affects the stock's investment appeal.
Dividend Yield 0.0079 | Forward Dividend Yield 0.0079 | Forward Dividend Rate 1.65 | Beta 2.011 |
Basic technical analysis of WESCO Stock
As of the 24th of November, WESCO International maintains the Mean Deviation of 1.81, downside deviation of 1.8, and Market Risk Adjusted Performance of 0.1929. Compared to fundamental indicators, the technical analysis model lets you check practical technical drivers of WESCO International, as well as the relationship between them.WESCO International's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific WESCO International insiders, such as employees or executives, is commonly permitted as long as it does not rely on WESCO International's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases WESCO International insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
WESCO International's Outstanding Corporate Bonds
WESCO International issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. WESCO International uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most WESCO bonds can be classified according to their maturity, which is the date when WESCO International has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| WESCO Distribution 725 Corp BondUS95081QAP90 | View |
Understand WESCO International's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing WESCO International's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1351 | |||
| Market Risk Adjusted Performance | 0.1929 | |||
| Mean Deviation | 1.81 | |||
| Semi Deviation | 1.44 | |||
| Downside Deviation | 1.8 | |||
| Coefficient Of Variation | 599.61 | |||
| Standard Deviation | 2.69 | |||
| Variance | 7.26 | |||
| Information Ratio | 0.1182 | |||
| Jensen Alpha | 0.1493 | |||
| Total Risk Alpha | 0.015 | |||
| Sortino Ratio | 0.1766 | |||
| Treynor Ratio | 0.1829 | |||
| Maximum Drawdown | 15.54 | |||
| Value At Risk | (2.41) | |||
| Potential Upside | 4.78 | |||
| Downside Variance | 3.26 | |||
| Semi Variance | 2.08 | |||
| Expected Short fall | (2.21) | |||
| Skewness | 1.87 | |||
| Kurtosis | 7.39 |
| Risk Adjusted Performance | 0.1351 | |||
| Market Risk Adjusted Performance | 0.1929 | |||
| Mean Deviation | 1.81 | |||
| Semi Deviation | 1.44 | |||
| Downside Deviation | 1.8 | |||
| Coefficient Of Variation | 599.61 | |||
| Standard Deviation | 2.69 | |||
| Variance | 7.26 | |||
| Information Ratio | 0.1182 | |||
| Jensen Alpha | 0.1493 | |||
| Total Risk Alpha | 0.015 | |||
| Sortino Ratio | 0.1766 | |||
| Treynor Ratio | 0.1829 | |||
| Maximum Drawdown | 15.54 | |||
| Value At Risk | (2.41) | |||
| Potential Upside | 4.78 | |||
| Downside Variance | 3.26 | |||
| Semi Variance | 2.08 | |||
| Expected Short fall | (2.21) | |||
| Skewness | 1.87 | |||
| Kurtosis | 7.39 |
Consider WESCO International's intraday indicators
WESCO International intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of WESCO International stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
WESCO International Corporate Filings
F4 | 19th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 31st of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 9th of August 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
WESCO Stock media impact
Far too much social signal, news, headlines, and media speculation about WESCO International that are available to investors today. That information is available publicly through WESCO media outlets and privately through word of mouth or via WESCO internal channels. However, regardless of the origin, that massive amount of WESCO data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of WESCO International news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of WESCO International relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to WESCO International's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive WESCO International alpha.
WESCO International Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards WESCO International can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
WESCO International Historical Investor Sentiment
Investor biases related to WESCO International's public news can be used to forecast risks associated with an investment in WESCO. The trend in average sentiment can be used to explain how an investor holding WESCO can time the market purely based on public headlines and social activities around WESCO International. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
WESCO International's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for WESCO International and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average WESCO International news discussions. The higher the estimate score, the more favorable the investor's outlook on WESCO International.
WESCO International Corporate Directors
| Steven Raymund | Independent Director | Profile | |
| Laura Thompson | Independent Director | Profile | |
| Matthew Espe | Independent Director | Profile | |
| Lynn Utter | Independent Director | Profile |
Already Invested in WESCO International?
The danger of trading WESCO International is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of WESCO International is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than WESCO International. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile WESCO International is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether WESCO International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WESCO International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wesco International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wesco International Stock: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WESCO International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade WESCO Stock refer to our How to Trade WESCO Stock guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of WESCO International. If investors know WESCO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about WESCO International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.09) | Dividend Share 1.613 | Earnings Share 12.49 | Revenue Per Share 434.114 | Quarterly Revenue Growth (0.03) |
The market value of WESCO International is measured differently than its book value, which is the value of WESCO that is recorded on the company's balance sheet. Investors also form their own opinion of WESCO International's value that differs from its market value or its book value, called intrinsic value, which is WESCO International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WESCO International's market value can be influenced by many factors that don't directly affect WESCO International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between WESCO International's value and its price, as these two are different measures arrived at by various means. Investors typically determine if WESCO International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WESCO International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.