A new trading day began on Friday, with Wesco International, Inc (NYSE: WCC) stock price down -4.12% from the previous day of trading, before settling in for the closing price of $163.16. WCC’s price has ranged from $143.06 to $216.17 over the past 52 weeks.
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Annual sales at Industrials sector company grew by 22.96% over the past five years. Meanwhile, its annual earnings per share averaged 10.18%. With a float of $47.74 million, this company’s outstanding shares have now reached $48.79 million.
Let’s look at the performance matrix of the company that is accounted for 20000 employees. In terms of profitability, gross margin is 21.18%, operating margin of 5.65%, and the pretax margin is 4.36%.
Wesco International, Inc (WCC) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Industrial Distribution Industry. The insider ownership of Wesco International, Inc is 2.17%, while institutional ownership is 95.44%. The most recent insider transaction that took place on Nov 22 ’24, was worth 57,996. In this transaction SVP, Corp. Controller & CAO of this company sold 278 shares at a rate of $208.62, taking the stock ownership to the 3,282 shares. Before that another transaction happened on Nov 25 ’24, when Company’s EVP & CHRO sold 2,038 for $213.46, making the entire transaction worth $435,025. This insider now owns 30,320 shares in total.
Wesco International, Inc (WCC) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.48 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 10.18% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.67% during the next five years compared to 20.49% growth over the previous five years of trading.
Wesco International, Inc (NYSE: WCC) Trading Performance Indicators
Here are Wesco International, Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.27. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.35. Likewise, its price to free cash flow for the trailing twelve months is 7.58.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 13.08, a number that is poised to hit 2.33 in the next quarter and is forecasted to reach 16.10 in one year’s time.
Technical Analysis of Wesco International, Inc (WCC)
Wesco International, Inc (NYSE: WCC) saw its 5-day average volume 0.61 million, a negative change from its year-to-date volume of 0.75 million. As of the previous 9 days, the stock’s Stochastic %D was 28.89%. Additionally, its Average True Range was 6.35.
During the past 100 days, Wesco International, Inc’s (WCC) raw stochastic average was set at 4.31%, which indicates a significant decrease from 15.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.38% in the past 14 days, which was lower than the 41.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $178.60, while its 200-day Moving Average is $176.09. Nevertheless, the first resistance level for the watch stands at $161.23 in the near term. At $166.03, the stock is likely to face the second major resistance level. The third major resistance level sits at $169.07. If the price goes on to break the first support level at $153.39, it is likely to go to the next support level at $150.35. Assuming the price breaks the second support level, the third support level stands at $145.55.
Wesco International, Inc (NYSE: WCC) Key Stats
With a market capitalization of 7.63 billion, the company has a total of 48,796K Shares Outstanding. Currently, annual sales are 21,819 M while annual income is 717,600 K. The company’s previous quarter sales were 5,500 M while its latest quarter income was 165,400 K.
