Headlines about WESCO International (NYSE:WCC) have trended somewhat positive on Thursday, according to Accern. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. WESCO International earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave news coverage about the technology company an impact score of 46.7323792712583 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Shares of WESCO International (NYSE:WCC) opened at $63.75 on Thursday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.42 and a current ratio of 2.31. WESCO International has a 52 week low of $48.95 and a 52 week high of $76.15. The company has a market capitalization of $3,050.43, a price-to-earnings ratio of 16.81, a price-to-earnings-growth ratio of 1.68 and a beta of 1.95.
WESCO International (NYSE:WCC) last issued its earnings results on Thursday, October 26th. The technology company reported $1.12 EPS for the quarter, beating the consensus estimate of $1.03 by $0.09. The business had revenue of $2 billion for the quarter, compared to the consensus estimate of $1.93 billion. WESCO International had a return on equity of 9.11% and a net margin of 2.52%. The company’s revenue was up 7.8% compared to the same quarter last year. During the same period last year, the business posted $1.05 EPS. equities research analysts anticipate that WESCO International will post 3.87 earnings per share for the current year.
A number of brokerages recently commented on WCC. Wolfe Research lowered WESCO International from an “outperform” rating to a “market perform” rating in a report on Friday, October 27th. Zacks Investment Research lowered WESCO International from a “buy” rating to a “hold” rating in a research note on Wednesday, November 1st. ValuEngine cut WESCO International from a “buy” rating to a “hold” rating in a research report on Tuesday, November 14th. Wells Fargo & Company lifted their price target on WESCO International from $65.00 to $67.00 and gave the company an “outperform” rating in a research report on Friday, October 6th. Finally, Robert W. Baird restated a “hold” rating and set a $56.00 target price on shares of WESCO International in a research report on Wednesday, October 4th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $68.38.
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WESCO International Company Profile
WESCO International, Inc is a distributor of products and provider of supply chain management and logistics services used in industrial, construction, utility and commercial, institutional and government (CIG) markets. The Company is a provider of electrical, industrial and communications maintenance, repair and operating (MRO) and original equipment manufacturers (OEM) products, construction materials, and supply chain management and logistics services.
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