WESCO Intl WCC has been analyzed by 10 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 0 | 7 | 3 | 0 | 0 |
Last 30D | 0 | 1 | 1 | 0 | 0 |
1M Ago | 0 | 1 | 0 | 0 | 0 |
2M Ago | 0 | 2 | 0 | 0 | 0 |
3M Ago | 0 | 3 | 2 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $178.3, a high estimate of $200.00, and a low estimate of $165.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 3.39%.
Understanding Analyst Ratings: A Comprehensive Breakdown
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 |
---|---|---|---|---|---|
Deane Dray | RBC Capital | Lowers | Sector Perform | $172.00 | $176.00 |
Christopher Glynn | Oppenheimer | Raises | Outperform | $200.00 | $190.00 |
Ken Newman | Keybanc | Raises | Overweight | $190.00 | $165.00 |
Stephen Tusa | JP Morgan | Lowers | Overweight | $175.00 | $180.00 |
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 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to WESCO Intl. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of WESCO Intl compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of WESCO Intl's stock. This comparison reveals trends in analysts' expectations over time.
For valuable insights into WESCO Intl's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on WESCO Intl analyst ratings.
About WESCO Intl
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.
Understanding the Numbers: WESCO Intl's Finances
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
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. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: WESCO Intl's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 2.33%, the company may face hurdles in effective cost management.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 2.57%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): WESCO Intl's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.84%, the company may face hurdles in achieving optimal financial performance.
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.
The Basics of Analyst Ratings
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically 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.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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