WESCO International (NYSE:WCC) Posts Earnings Results, Misses Estimates By $0.07 EPS

WESCO International (NYSE:WCCGet Free Report) announced its quarterly earnings results on Tuesday. The technology company reported $3.16 EPS for the quarter, missing the consensus estimate of $3.23 by ($0.07), Zacks reports. WESCO International had a net margin of 3.19% and a return on equity of 13.19%. WESCO International updated its FY 2025 guidance to 12.000-14.500 EPS.

WESCO International Stock Up 2.5 %

WCC stock opened at $193.22 on Thursday. The company has a debt-to-equity ratio of 0.99, a current ratio of 2.21 and a quick ratio of 1.29. The stock has a market capitalization of $9.47 billion, a P/E ratio of 15.47, a P/E/G ratio of 1.34 and a beta of 2.01. WESCO International has a fifty-two week low of $132.37 and a fifty-two week high of $216.17. The business has a 50-day moving average of $187.14 and a 200-day moving average of $179.65.

WESCO International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a $0.4125 dividend. This represents a $1.65 annualized dividend and a dividend yield of 0.85%. The ex-dividend date was Friday, December 13th. WESCO International’s dividend payout ratio is 13.21%.

Analysts Set New Price Targets

WCC has been the topic of several research reports. Robert W. Baird boosted their price objective on shares of WESCO International from $215.00 to $223.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Jefferies Financial Group upped their price target on WESCO International from $225.00 to $245.00 and gave the company a “buy” rating in a report on Friday, December 6th. Stephens boosted their price objective on WESCO International from $190.00 to $205.00 and gave the company an “overweight” rating in a research report on Tuesday, November 5th. Oppenheimer increased their target price on shares of WESCO International from $205.00 to $225.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st. Finally, StockNews.com lowered shares of WESCO International from a “buy” rating to a “hold” rating in a report on Wednesday. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $217.63.

Check Out Our Latest Analysis on WESCO International

WESCO International Company Profile

(Get Free Report)

WESCO International, Inc provides business-to-business distribution, logistics services, and supply chain solutions in the United States, Canada, and internationally. It operates through three segments: Electrical & Electronic Solutions (EES), Communications & Security Solutions (CSS), and Utility and Broadband Solutions (UBS).

See Also

Earnings History for WESCO International (NYSE:WCC)

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