Is Wesco International, Inc. (NYSE: WCC) The Best Stock To Invest In?

After Hours

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Stocks Info

Wesco International, Inc. is listed on the NYSE in the Industrials sector while operating in the Industrial Distribution industry. The current market capitalization of Wesco International, Inc. is $8.74B. A total of 1.01 million shares were traded on the day, compared to an average of 703.77K shares.

In the most recent transaction, RAYMUND STEVEN A sold 5,819 shares of WCC for 171.56 per share on Sep 26 ’24. After the transaction, the Director now owns 27,004 company shares. In a previous transaction on Sep 26 ’24, Steven Raymund bought 5,819 shares at 171.56 per share.

Among the insiders who sold shares, Kulasa Matthew S disposed of 474 shares on May 24 ’24 at a per-share price of $191.69. This resulted in the SVP, Corp. Controller & CAO holding 3,555 shares of WCC after the transaction. In another insider transaction, Wolf Christine Ann sold 4,486 shares at $190.13 per share on May 24 ’24. Company shares held by the EVP & CHRO now total 30,304.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Wesco International, Inc. pays an annual dividend of $1.61, resulting in a dividend yield of 0.91%, and it has a price to earnings (P/E) ratio of 13.80. WCC’s most recent ex-dividend date was 9/13/2024 when it declared a $0.4125 quarterly dividend that was paid in cash on 9/30/2024. Previously, the company paid the dividend on 6/28/2024 with an ex-dividend date of 6/14/2024. The WCC stock dividend was $0.4125 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, WCC has a high of $195.43 and a low of $125.05.

As of this writing, WCC has an earnings estimate of $3.2 per share for the current quarter. EPS was calculated based on a consensus of 10.0 estimates, with a high estimate of $3.34 per share and a lower estimate of $3.13. The company reported an EPS of $4.49 in the last quarter

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. WCC’s latest balance sheet shows that the firm has $212.58M in Cash & Short Term Investments as of fiscal 2021. There were $5.13B in debt and $3.05B in liabilities at the time. Its Book Value Per Share was $98.82, while its Total Shareholder’s Equity was $3.78B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for WCC is Buy with a score of 4.80.

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