WCC - WESCO International, Inc.
| Previous Close | 53.91 |
| Open | 53.90 |
| Bid | 53.16 x 1000 |
| Ask | 53.13 x 800 |
| Day's Range | 52.98 - 54.31 |
| 52 Week Range | 42.03 - 61.32 |
| Volume | 1,043,354 |
| Avg. Volume | 769,229 |
| Market Cap | 2.221B |
| Beta (5Y Monthly) | 1.76 |
| PE Ratio (TTM) | 10.34 |
| EPS (TTM) | 5.14 |
| Earnings Date | Jan 29, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 67.30 |
- Zacks
The Zacks Analyst Blog Highlights: MKSI, LM, MUR, MDC and WCC
The Zacks Analyst Blog Highlights: MKSI, LM, MUR, MDC and WCC
- Zacks
Lam Research (LRCX) to Report Q2 Earnings: What's in Store?
Lam Research's (LRCX) fiscal second-quarter results are likely to benefit from strength in non-memory markets and robust equipment demand. However, PC volatility & competition may have been concerns.
- Zacks
Wesco International (WCC) Earnings Expected to Grow: Should You Buy?
Wesco International (WCC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Zacks
Should Value Investors Buy Wesco International (WCC) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- Zacks
eBay (EBAY) Gears Up for Q4 Earnings: What's in the Cards?
Performance of eBay's (EBAY) core marketplace business is likely to have been impressive in Q4. Yet, heightening competition might have hurt its earnings.
- Zacks
5 Must-Buy Mid Caps Set to Beat Earnings Estimates Next Week
Investment in mid-cap stocks is often recognized as a good portfolio diversification strategy. These stocks combine attractive attributes of both small and large-cap stocks.
- Simply Wall St.
Is WESCO International, Inc. (NYSE:WCC) Trading At A 31% Discount?
In this article we are going to estimate the intrinsic value of WESCO International, Inc. (NYSE:WCC) by projecting its...
- Zacks
What's in Store for STMicroelectronics' (STM) Q4 Earnings?
STMicroelectronics' (STM) Q4 results are likely to gain from robust products & solid execution. Uncertainty in some of the end-markets served and the ongoing U.S.-China trade war remain concerns.
- Zacks
Product Strength to Aid Texas Instruments' (TXN) Q4 Earnings
Texas Instruments' (TXN) Q4 performance may have been affected by weakness in overall demand, and increased competition in the auto and industrial space.
- Zacks
Factors Setting the Tone for Citrix's (CTXS) Q4 Earnings
Citrix's (CTXS) Q4 performance is likely to have gained from robust adoption of subscription-based services. However, sluggish demand in hardware-based appliances may have been a headwind.
- Zacks
Can Wesco International (WCC) Keep the Earnings Surprise Streak Alive?
Wesco International (WCC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- Moody's
WESCO International, Inc. -- Moody's places WESCO's ratings on review for downgrade following announced merger with Anixter
Moody's Investors Service, (Moody's) placed all ratings of WESCO International, Inc., including the Ba3 Corporate Family Rating (CFR) and WESCO Distribution, Inc.'s B1 senior unsecured rating, under review for downgrade. This action follows the announced merger agreement with Anixter International Inc. ("Anixter"). On January 13, Anixter and WESCO announced that their respective boards of directors had approved a definitive merger agreement whereby WESCO would acquire Anixter in a transaction valued at $4.5 billion.
- Zacks
WESCO Expands Presence in Electronics With Anixter Buyout
WESCO International (WCC) signs a definite agreement to acquire Anixter International in a bid to further bolster its presence in the electronics industry.
- American City Business Journals
Once finalized, WESCO's latest acquisition will double the company's size, revenue
In a transaction valued at about $4.5 billion, Pittsburgh-based WESCO International Inc. (NYSE: WCC) will become the largest company in the North American electrical distribution sector when it finalizes an acquisition of Anixter International (NYSE: AXE) set for later this year. After engaging in a bidding war since Christmas Eve with Clayton, Dubilier & Rice to acquire the Glenview, Illinois, based company, Anixter’s board of directors deemed WESCO’s bid superior late last week. CD&R, which already had a merger agreement in place with Anixter since October 2019, terminated the agreement.
- Benzinga
Wesco To Buy Anixter In $4.5B Merger: It's Official
Anixter International Inc. (NYSE: AXE ) and Wesco International, Inc. (NYSE: WCC ) announced Monday that their boards have approved a definitive merger agreement under which Wesco will acquire Anixter ...
- Benzinga
Benzinga Pro's Top 5 Stocks To Watch For Mon., Jan. 13, 2020: WCC, LULU, XLF, TEAM, BIIB
Benzinga Pro's Stocks To Watch For Monday WESCO (WCC) - The company agreed to purchase Anixter (AXE) in a $4.5 billion merger. WESCO will pay Anixter shareholders $100/share. lululemon (LULU) - Shares ...
- MarketWatch
Wesco beats out CD&R in deal to buy Anixter, after multiple bids and counter bids
Anixter International Inc. announced Monday an agreement to be acquired by Wesco Interational Inc. in a deal valued at $4.5 billion. The deal appears to end a hard-fought battle between Wesco and Clayton, Dubilier & Rice for Anixter, which include multiple bids and counter bids, and more than one announced deals between Anixter and CD&R. Shares of Anixter, a network security and electrical solutions company, slipped 0.3% in premarket trading, while Wesco shares were still inactive. Under terms of the latest deal, Wesco will pay the equivalent of $100 for each Anixter share outstanding, including $70 in cash, 0.2397 shares of Wesco common stock and preferred stock consideration valued at $15.89 for each Anixter share. Anixter's first announced deal with CD&R was for $81 a share in cash. "This is the result of a very thorough process to determine the value of our company," said Anixter Chief Executive Bill Galvin. Anixter's stock has rallied 44.0% over the past three months through Friday and Wesco's stock has climbed 24.5%, while the Dow Jones Industrial Average has gained 7.5%.
- Business Wire
WESCO International and Anixter International Announce Merger Agreement to Create a Premier Electrical and Data Communications Distribution and Supply Chain Services Company
WESCO and Anixter Announce Merger Agreement to Create a Premier Electrical and Data Communications Distribution and Supply Chain Services Company
- American City Business Journals
WESCO now considered best offer in bidding war for Anixter
Pittsburgh-based WESCO International Inc. (NYSE: WCC) increased its bid to acquire Anixter International (NYSE: AXE) to $100 per share, according to a news release from WESCO. The move is the latest in a bidding war between WESCO and Clayton, Dubilier & Rice to acquire the Glenview, Illinois-based company. Anixter’s board of directors deemed the most recent WESCO offer as a “superior company proposal” to the most recent CD&R proposal, according to a news release from Anixter.
- MarketWatch
Anixter determines Wesco's raised buyout bid is 'superior' to CD&R merger deal
Wesco International Inc. has finally got what it wanted, as Anixter International Inc. has determined that Wesco's improved buyout bid was "superior" to the merger deal it had [l: previously agreed on with Clayton, Dubilier & Rice LLC (CD&R). If Anixter breaks the CD&R deal, the network and security solutions company will be required to pay a break-up fee of $100 million. Wesco has agreed to pay the termination fee. Under terms of Wesco's raised cash and stock bid, Anixter shareholders will receive the value of $100 for each Anixter share they own, with the deal valued at about $4.5 billion, including debt. The bid consists of $70 a share in cash, 0.2397 shares of Wesco common stock and $15.89 a share in Wesco perpetual perferred stock. Wesco's previous bid was valued at $97 a share in cash and stock, above the CD&R deal of $93.50 a share in cash. Anixter's stock has run up 44% over the past three months and Wesco shares have rallied 35%, while the S&P 500 has gained 11%.
- PR Newswire
WESCO Confirms Revised Proposal to Acquire Anixter for $100 per Share
WESCO International, Inc. (NYSE: WCC) ("WESCO"), a leading provider of electrical, industrial, and communications MRO and OEM products, construction materials, advanced supply chain management and logistics services, today confirmed it submitted an improved proposal to the board of directors of Anixter International (NYSE: AXE) to acquire Anixter for $100 per share in cash and stock. The Anixter board has determined WESCO's proposal represents a "Superior Company Proposal" as defined in Anixter's merger agreement with Clayton, Dubilier & Rice (CD&R;).
- TheStreet.com
Anixter Accepts Wesco's Revised Buyout Offer
The deal totals $100 a share, compared with the $93.50-per-share bid from Clayton, Dubilier & Rice that Anixter approved last week.
- PR Newswire
WESCO International, Inc. Announces Fourth Quarter and Full Year 2019 Earnings Call
WESCO International, Inc. (NYSE: WCC) will hold its fourth quarter and full year 2019 earnings conference call on Thursday, January 30 at 10:00 a.m. ET. Dial-in details are below. The live audio webcast and presentation slides of the earnings call will be accessible via WESCO's Investor Relations website, www.wesco.investorroom.com. The link to the webcast replays will be posted in the Events and Webcasts section of WESCO's Investor Relations website.
- American City Business Journals
WESCO forges ahead in bidding war for Anixter
The Pittsburgh-based company looks to convince Anixter its proposal is better than the current agreement with CDR.
