WESCO International, Inc. (WCC)
Market Cap | 9.89B |
Revenue (ttm) | 21.79B |
Net Income (ttm) | 636.70M |
Shares Out | 49.00M |
EPS (ttm) | 12.46 |
PE Ratio | 16.20 |
Forward PE | 14.64 |
Dividend | $1.65 (0.82%) |
Ex-Dividend Date | Sep 13, 2024 |
Volume | 510,614 |
Open | 204.34 |
Previous Close | 204.52 |
Day's Range | 201.12 - 204.71 |
52-Week Range | 132.37 - 213.75 |
Beta | 2.01 |
Analysts | Buy |
Price Target | 208.86 (+3.48%) |
Earnings Date | Oct 31, 2024 |
About WCC
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). The EES segment supplies products and supply chain solutions, including electrical equipment and supplies, automation and connected devices, security, lighting, wire and cable, and safety, as well as maintenance, repair... [Read more]
Financial Performance
In 2023, WESCO International's revenue was $22.39 billion, an increase of 4.51% compared to the previous year's $21.42 billion. Earnings were $708.10 million, a decrease of -11.83%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for WCC stock is "Buy." The 12-month stock price forecast is $208.86, which is an increase of 3.48% from the latest price.
News
WESCO International, Inc. (WCC) Q3 2024 Earnings Call Transcript
WESCO International, Inc. (NYSE:WCC) Q3 2024 Earnings Conference Call October 31, 2024 10:00 AM ET Company Participants Scott Gaffner – Senior Vice President-Investor Relations John Engel – President...
Wesco International Announces Agreement to Acquire Ascent, a Premier Provider of Data Center Facility Management Services
PITTSBURGH , Oct. 31, 2024 /PRNewswire/ -- Wesco International (NYSE:WCC) today announced it has entered a definitive agreement to acquire Ascent LLC., a privately held company headquartered in St. L...
Wesco International Reports Third Quarter 2024 Results
Third quarter reported net sales down 2.7% YOY due primarily to the Wesco Integrated Supply divestiture Organic sales down 0.6% YOY and up 0.1% sequentially Third quarter operating profit of $336 mill...
Wesco Announces Third Quarter 2024 Earnings Call and Conference Participation
PITTSBURGH , Oct. 14, 2024 /PRNewswire/ -- Wesco International (NYSE: WCC) will hold its third quarter 2024 earnings conference call on Thursday, October 31 at 10:00 a.m. ET. Dial-in details are below...
Wesco to Announce Strategic Vision and Financial Goals at 2024 Investor Day
PITTSBURGH , Sept. 26, 2024 /PRNewswire/ -- Wesco International (NYSE: WCC), will provide an update regarding its long-term growth strategy at its Investor Day meeting taking place in-person at its in...
WESCO: Weak Demand Outlook
WESCO International's results have consistently missed expectations, driven by weak demand and significant headwinds in its business portfolio, particularly in the utilities segment. Valuations are ne...
Wesco Declares Quarterly Dividend on Common Stock and Preferred Stock
PITTSBURGH , Aug. 29, 2024 /PRNewswire/ -- The Board of Directors of Wesco International (NYSE: WCC) today declared a quarterly cash dividend on all of the issued and outstanding shares of common stoc...
WESCO International, Inc. (WCC) Q2 2024 Earnings Call Transcript
WESCO International, Inc. (NYSE:WCC) Q2 2024 Earnings Conference Call August 1, 2024 10:00 AM ET Company Participants Scott Gaffner - Senior Vice President of Investor Relations John Engel - Chairman...
Wesco International Reports Second Quarter 2024 Results
Second quarter net sales down 4.6% YOY, organic sales down 0.8% YOY and up 4.7% sequentially Second quarter operating profit of $324 million; operating margin of 5.9% Gross margin of 21.9%, up 30 basi...
Wesco Announces Second Quarter 2024 Earnings Call, Upcoming Investor Day and Conference Participation
PITTSBURGH , July 11, 2024 /PRNewswire/ -- Wesco International (NYSE: WCC) will hold its second quarter 2024 earnings conference call on Thursday, August 1 at 10:00 a.m. ET. Dial-in details are below.
Wesco is a Great Place to Work
PITTSBURGH , July 2, 2024 /PRNewswire/ -- Wesco International (NYSE: WCC), a leading provider of business-to-business distribution, logistics services and supply chain solutions, has certified as a Gr...
Wesco Announces Inaugural Wesco Cares Champion of the Year Award Winner and Celebrates Annual Day of Caring
PITTSBURGH , June 27, 2024 /PRNewswire/ -- On June 20, Wesco hosted its annual Day of Caring events for employees at numerous sites around the globe to celebrate its commitment to communities where we...
Bargain Wesco Preferred Stock: More Like A High Yield 1 Year Bond
Wesco International (WCC) is the largest player in the electrical components distribution and services sector and is very profitable. Wesco International Preferred “A” , ticker WCC-A, sports a “qualif...
Wesco International Acquires entroCIM, an Innovator in Data Center and Building Intelligence Software
PITTSBURGH , June 5, 2024 /PRNewswire/ -- Wesco International (NYSE: WCC), a leading provider of business-to-business distribution, logistics services and supply chain solutions, today announced it ha...
Wesco Reports Progress on 2030 Goals in Latest Sustainability Report
PITTSBURGH , May 30, 2024 /PRNewswire/ -- Wesco International (NYSE: WCC), a leading provider of business-to-business distribution, logistics services and supply chain solutions, issued its annual sus...
WESCO International: Healthy Demand Drivers, And Attractive Valuations (Rating Upgrade)
WESCO International's Q1 2024 sales declined due to volume declines across all segments, but the company's revenue growth outlook is positive. The company is poised to benefit from electrification, br...
Wesco International: Good Business At A High Price
Wesco International is a B2B distribution company with operating segments in electrical and electronic solutions, communications and security solutions, and utility and broadband solutions. The compan...
Wesco International Reports First Quarter 2024 Results
First quarter net sales down 3% YOY, organic sales down 3% First quarter operating profit of $263 million; operating margin of 4.9% • Adjusted EBITDA margin of 6.4%, down 60 basis points sequen...
Wesco Announces First Quarter 2024 Earnings Call
PITTSBURGH , April 12, 2024 /PRNewswire/ -- Wesco International (NYSE:WCC) will hold its first quarter 2024 earnings conference call on Thursday, May 2 at 10:00 a.m. ET. Dial-in details are below.
Vallen Distribution Announces Key Executive Leadership Positions
Appointments support combined strategy of Vallen and Wesco Integrated Supply BELMONT, N.C. , April 11, 2024 /PRNewswire/ -- Vallen Distribution ("Vallen"), a provider of indirect industrial supply cha...
Wesco Finalizes Sale of Integrated Supply Business to Vallen Distribution, Inc.
PITTSBURGH , April 1, 2024 /PRNewswire/ -- Wesco International (NYSE:WCC) announced today that it has completed the sale of its Wesco Integrated Supply (WIS) business to Vallen Distribution, Inc., a ...
Wesco Announces Pricing of Private Offering of Senior Notes Due 2029 and Senior Notes Due 2032
PITTSBURGH , Feb. 26, 2024 /PRNewswire/ -- WESCO International, Inc. (NYSE: WCC) ("Wesco"), a leading provider of business-to-business distribution, logistics services, and supply chain solutions, tod...
Wesco Announces Commencement of Private Offering of Senior Notes Due 2029 and Senior Notes Due 2032
PITTSBURGH , Feb. 26, 2024 /PRNewswire/ -- WESCO International, Inc. (NYSE: WCC) ("Wesco"), a leading provider of business-to-business distribution, logistics services, and supply chain solutions, tod...
VALLEN DISTRIBUTION TO ACQUIRE WESCO INTEGRATED SUPPLY
Combined company will expand Vallen's vision to deliver unique and customizable supply chain solutions BELMONT, N.C. , Feb. 23, 2024 /PRNewswire/ -- Vallen Distribution ("Vallen"), a provider of indir...
Wesco Enters Agreement to Sell Integrated Supply Business to Vallen Distribution, Inc.
PITTSBURGH , Feb. 23, 2024 /PRNewswire/ -- Wesco International (NYSE:WCC) announced today that it has entered into a definitive agreement to sell its Wesco Integrated Supply (WIS) business to Vallen D...