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.
Several price targets were given for WCC by the analysts covering the stock. The highest price target was 82, implying a possible profit of 40.77 percent. The most pessimistic analyst gave a price target of 64, which equates to a potential downside of 9.87 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -1.02 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.13 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. During this time, 4 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
The growth rate of WCC's earnings is estimated by analysts to be 93.2 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of WCC is 0.31.
In the trailing 52-weeks, WCC hit 76.15 at the highest peak, while it's lowest trading point was 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.