WESCO International (NYSE:WCC) Announces Quarterly Earnings Results, Misses Estimates By $0.07 EPS

WESCO International (NYSE:WCC) announced its quarterly earnings data on Tuesday. The technology company reported $3.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.23 by ($0.07), Zacks reports. WESCO International had a return on equity of 13.19% and a net margin of 3.19%. WESCO International updated its FY 2025 guidance to 12.000-14.500 EPS.

WESCO International Price Performance

NYSE WCC opened at $188.33 on Wednesday. WESCO International has a fifty-two week low of $132.37 and a fifty-two week high of $216.17. The stock’s 50-day moving average is $187.50 and its two-hundred day moving average is $179.56. The firm has a market cap of $9.23 billion, a P/E ratio of 15.08, a price-to-earnings-growth ratio of 1.34 and a beta of 2.01. The company has a debt-to-equity ratio of 0.99, a current ratio of 2.21 and a quick ratio of 1.29.

WESCO International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.4125 dividend. This represents a $1.65 dividend on an annualized basis and a yield of 0.88%. The ex-dividend date was Friday, December 13th. WESCO International’s dividend payout ratio is presently 13.21%.

Analyst Ratings Changes

A number of research firms have recently issued reports on WCC. Oppenheimer increased their price target on shares of WESCO International from $205.00 to $225.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st. Robert W. Baird increased their target price on shares of WESCO International from $215.00 to $223.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st. Stephens lifted their target price on shares of WESCO International from $190.00 to $205.00 and gave the company an “overweight” rating in a research note on Tuesday, November 5th. Baird R W raised shares of WESCO International from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 16th. Finally, Royal Bank of Canada lifted their price objective on WESCO International from $186.00 to $199.00 and gave the company a “sector perform” rating in a research report on Friday, November 1st. One investment analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, WESCO International currently has an average rating of “Buy” and an average price target of $215.88.

About WESCO International

WESCO International, Inc provides business-to-business distribution, logistics services, and supply chain solutions in the United States, Canada, and internationally. It operates through three segments: Electrical & Electronic Solutions (EES), Communications & Security Solutions (CSS), and Utility and Broadband Solutions (UBS).