Analyst Ratings for Wesco International Inc. (WCC)Updated: 2017-07-27
Wesco International Inc. (NYSE:WCC) was awarded an average rating of Overweight from investment analysts following the stock. A consensus rating of Overweight was previously issued for WCC last month.
18 analysts issued ratings on the stock, where 9 gave WCC a buy rating, 1 gave an overweight rating, 8 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 4. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Investment analysts gave a few price targets for WCC. The most optimistic analyst gave a price target of 82, which equates to a potential upside of 40.77 percent. The most pessimistic analyst gave a price target of 64, which equates to a potential downside of 9.87 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is -1.02 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.13 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 3 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. During this time, 4 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of WCC to grow at a rate of 93.2 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. WCC has a PEG ratio of 0.31.
In the last 52-weeks, WCC has achieved a high of 76.15 and a low of 51.45. The current market price is above the trailing year's low by 13.22 percent, and 23.51 percent below the high. WCC has a P/E ratio of 28.98. Investors typically compare the P/E ratio to a company's peers in the industry. The WCC value stock report compares WCC to some of its peers using value stock charts. The stock has a market capitalization of $2.87 billion. WCC's next earnings release will be on 0000-00-00, which is days away.