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 maximum price target given was 82, which equates to a potential upside of 40.77 percent. The most pessimistic price target was 64, which equates to a potential downside of 9.87 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
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. Over the past 30 days, FY earnings estimates have also changed upwards by 0.13 percent. 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. Over the past month, 3 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Also over the last month, 4 analysts increased their estimates for the FY 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, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. WCC has a PEG ratio of 0.31.
WCC has a 52-week high of 76.15 and a 52-week low of 51.45. Currently the stock is 13.22 percent higher than its low, and 23.51 percent lower than its 52-week 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 market cap of WCC is $2.87 billion. WCC will post this quarters earnings in days, on 0000-00-00.