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.
WCC was given price targets by several analysts. The maximum price target given was 82, which equates to a potential upside of 40.77 percent. The most pessimistic price target was 64, implying potential capital losses 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.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which 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 have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. 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.
Analysts estimate earnings of WCC to grow at a rate of 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. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of WCC is 0.31.
WCC has traded between a high of 76.15 and a low of 51.45 over the past year. Currently the stock is 13.22 percent higher than its low, and 23.51 percent lower than its 52-week high. WCC has a price/earnings 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 market cap of WCC is $2.87 billion. WCC will post this quarters earnings in days, on 0000-00-00.