Wesco International, Inc (NYSE: WCC) May Be Attracting Institutional Investments

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

Wesco International, Inc is listed on the NYSE as a member of the Industrials sector and is a part of the Industrial Distribution industry. The current market capitalization of Wesco International, Inc is $9.65B. A total of 0.47 million shares were traded on the day, compared to an average of 668.49K shares.

In the most recent transaction, Kulasa Matthew S sold 278 shares of WCC for 208.62 per share on Nov 22 ’24. After the transaction, the SVP, Corp. Controller & CAO now owns 3,282 company shares. In a previous transaction on Nov 25 ’24, Wolf Christine Ann sold 2,038 shares at 213.46 per share. WCC shares that EVP & CHRO owns now total 30,320.

Among the insiders who sold shares, Squires Nelson John III disposed of 5,000 shares on Nov 25 ’24 at a per-share price of $215.00. This resulted in the EVP & GM, EES holding 44,621 shares of WCC after the transaction. In another insider transaction, Squires Nelson John III bought 5,000 shares at $215.00 per share on Nov 25 ’24.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Wesco International, Inc pays an annual dividend of $1.65, resulting in a dividend yield of 0.84%, and it has a price to earnings (P/E) ratio of 15.05. WCC’s most recent ex-dividend date was 0.78% when it declared a $0.4125 quarterly dividend that was paid in cash on 12/13/2024. Previously, the company paid the dividend on 9/13/2024 with an ex-dividend date of 1.01%. The WCC stock dividend was $0.4125 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, WCC has a high of $216.17 and a low of $138.67.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s 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 $102.90, while its Total Shareholder’s Equity was $3.78B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to 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.

Most Popular

Related Posts