Wesco International, Inc. (NYSE: WCC) kicked off on Tuesday, down -0.90% from the previous trading day, before settling in for the closing price of $179.44. Over the past 52 weeks, WCC has traded in a range of $125.05-$195.43.
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During the last 5-year period, the sales growth of Industrials Sector giant was 23.91%. While this was happening, its average annual earnings per share was recorded -17.15%. With a float of $44.63 million, this company’s outstanding shares have now reached $50.90 million.
Let’s determine the extent of company efficiency that accounts for 20000 employees. In terms of profitability, gross margin is 21.13%, operating margin of 5.88%, and the pretax margin is 4.35%.
Wesco International, Inc. (WCC) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Industrial Distribution Industry. The insider ownership of Wesco International, Inc. is 9.22%, while institutional ownership is 93.40%. The most recent insider transaction that took place on Sep 26 ’24, was worth 998,325. In this transaction Director of this company sold 5,819 shares at a rate of $171.56, taking the stock ownership to the 27,004 shares. Before that another transaction happened on Sep 26 ’24, when Company’s Officer proposed sale 5,819 for $171.56, making the entire transaction worth $998,316.
Wesco International, Inc. (WCC) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 4.49 earnings per share (EPS), higher than consensus estimate (set at 3.88) by 0.61. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.41 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -17.15% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to 22.96% growth over the previous five years of trading.
Wesco International, Inc. (NYSE: WCC) Trading Performance Indicators
Take a look at Wesco International, Inc.’s (WCC) current performance indicators. Last quarter, stock had a quick ratio of 1.34. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.40. Likewise, its price to free cash flow for the trailing twelve months is 10.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 12.88, a number that is poised to hit 3.21 in the next quarter and is forecasted to reach 14.38 in one year’s time.
Technical Analysis of Wesco International, Inc. (WCC)
Looking closely at Wesco International, Inc. (NYSE: WCC), its last 5-days average volume was 0.65 million, which is a drop from its year-to-date volume of 0.69 million. As of the previous 9 days, the stock’s Stochastic %D was 51.22%. Additionally, its Average True Range was 4.44.
During the past 100 days, Wesco International, Inc.’s (WCC) raw stochastic average was set at 84.72%, which indicates a significant increase from 73.88% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.50% in the past 14 days, which was lower than the 37.32% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $166.58, while its 200-day Moving Average is $166.40. However, in the short run, Wesco International, Inc.’s stock first resistance to watch stands at $179.71. Second resistance stands at $181.59. The third major resistance level sits at $183.67. If the price goes on to break the first support level at $175.75, it is likely to go to the next support level at $173.67. Now, if the price goes above the second support level, the third support stands at $171.79.
Wesco International, Inc. (NYSE: WCC) Key Stats
The company with the Market Capitalisation of 8.74 billion has total of 49,159K Shares Outstanding. Its annual sales at the moment are 22,385 M in contrast with the sum of 765,500 K annual income. Company’s last quarter sales were recorded 5,480 M and last quarter income was 232,100 K.
