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 most optimistic analyst gave a price target of 82, implying potential capital gains of 40.77 percent. The most pessimistic analyst gave a price target of 64, which equates to a potential downside of 9.87 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
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. 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.
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 made negative revisions. Also over the last month, 4 analysts increased their estimates for the FY 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. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of WCC is 0.31.
In the last 52-weeks, WCC has achieved a high of 76.15 and a low of 51.45. Today's price is 13.22 percent above the 52-week low, and below the high by 23.51 percent. 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.