For its second fiscal quarter (ending June 30), WESCO International Inc (NYSE: WCC) has reported E.P.S. of $4.28 compared to $3.48 a year ago. For the latest four quarters through June 30, E.P.S. were $13.01 compared to $15.53 a year ago.
Recent Price Action
WESCO International Inc (NYSE: WCC) stock closed at $158.75 on 8/1/24 after a large decline of -9.3%. Moreover, trading volume in this decline was exceptionally high at 335% of normal. The stock has declined -3.6% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, WCC is expected to continue to be an important Value Builder.
WESCO International has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. WESCO International has a neutral Power Rating of 50 but a good Appreciation Score of 79, leading to the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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