Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for WESCO International Inc (NYSE: WCC) weakened in recent days. WCC’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
WESCO International Inc (NYSE: WCC) stock enjoyed a large increase of 2.8% on 9/13/24. The stock closed at $159.78. Trading volume in this advance was normal. The stock has performed in line with the market over the last nine months and has risen 5.1% during the last week.
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 C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. WESCO International has a good Appreciation Score of 81 but a slightly negative Power Rating of 31, leading to the Neutral Value Trend Rating.
Be the first to comment