|Bid||42.00 x 1100|
|Ask||64.40 x 800|
|Day's Range||42.29 - 43.33|
|52 Week Range||42.03 - 63.20|
|Beta (3Y Monthly)||1.70|
|PE Ratio (TTM)||8.46|
|Earnings Date||Oct 30, 2019 - Nov 4, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||56.29|
Measuring WESCO International, Inc.'s (NYSE:WCC) track record of past performance is a useful exercise for investors...
Wesco's WCC stock sold off after the narrow-moat industrial distributor reported second-quarter sales that missed the consensus estimate and also lowered its full-year outlook. Management had warned during the June 13 investor day that second-quarter sales growth would probably be closer to the low end of its 3%-6% guidance. Management blamed the top-line miss on softer demand conditions in the United States, especially in April and May. However, sales strengthened in June (total organic sales up 5%) and preliminary July sales are up midsingle digits.
Wesco International (WCC) delivered earnings and revenue surprises of 0.69% and -1.29%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Second quarter highlights: - Record consolidated net sales of $2.2 billion , up 2% versus prior year -- Organic sales growth of 1.9% - Cost of goods sold as a percentage of net sales of 81.0% -- Gross ...
Today we will run through one way of estimating the intrinsic value of WESCO International, Inc. (NYSE:WCC) by...
Wesco International (WCC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The main aim of stock picking is to find the market-beating stocks. But even the best stock picker will only win with...
PITTSBURGH , July 9, 2019 /PRNewswire/ -- WESCO International, Inc. (NYSE: WCC) announced plans to hold its second quarter 2019 earnings conference call on Thursday, August 1 at 10:00 a.m. ET . Dial-in ...
WATERLOO, Ontario, July 09, 2019 -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that.
The Morningstar U.S. Industrials Index performed roughly in line with the broader U.S. equity market in the second quarter and year to date. Industrial stocks are in line with the broad market - source: Morningstar Analysts Overall, we view the industrials sector as fairly valued, with an average price/fair value ratio of 1.
Pittsburgh-based government affairs consulting firm Wellington Strategies LLC is expanding its reach with a new D.C. office at 1440 G St. NW. Jamie Kunchick, Wellington's director of government affairs, will oversee the office, focusing on research and policy consulting, strategic development of government outreach efforts and strategic program development for clients seeking federal subsidies. Prior to joining Wellington, Kunchick worked in the legal department of Pittsburgh-based American Eagle Outfitters, overseeing corporate governance and security cases.
We know that hedge funds generate strong, risk-adjusted returns over the long run, therefore imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, smart money investors have to conduct complex analyses, spend many resources and use tools that are not always […]
WESCO International Inc NYSE:WCCView full report here! Summary * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is low for WCC with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold WCC had net inflows of $1.75 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Industrialsis falling. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
PITTSBURGH , June 12, 2019 /PRNewswire/ -- WESCO International, Inc. (NYSE: WCC) announced today that WESCO Distribution, Inc. has entered into an alliance with Silicon Valley-based Plug and Play, a global ...
Wesco International (WCC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
On 31 March 2019, WESCO International, Inc. (NYSE:WCC) announced its earnings update. Overall, the consensus outlook...