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

WESCO International (NYSE:WCC - Get Free Report) announced its earnings results 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 net margin of 3.19% and a return on equity of 13.19%. WESCO International updated its FY 2025 guidance to 12.000-14.500 EPS.

WESCO International Price Performance

NYSE WCC traded up $2.91 on Friday, reaching $196.58. The company's stock had a trading volume of 258,769 shares, compared to its average volume of 686,070. WESCO International has a twelve month low of $141.02 and a twelve month high of $216.17. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.29 and a current ratio of 2.21. The stock has a market cap of $9.63 billion, a PE ratio of 15.72, a PEG ratio of 1.34 and a beta of 2.01. The firm's 50 day moving average is $186.84 and its two-hundred day moving average is $179.75.

WESCO International Dividend Announcement

The business 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 annualized dividend and a yield of 0.84%. The ex-dividend date was Friday, December 13th. WESCO International's payout ratio is currently 13.21%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Oppenheimer increased their price objective on shares of WESCO International from $205.00 to $225.00 and gave the company an "outperform" rating in a research note on Friday, November 1st. Jefferies Financial Group raised their price target on shares of WESCO International from $225.00 to $245.00 and gave the stock a "buy" rating in a report on Friday, December 6th. Royal Bank of Canada increased their price objective on shares of WESCO International from $212.00 to $213.00 and gave the stock a "sector perform" rating in a research note on Wednesday. Stephens increased their price objective on shares of WESCO International from $190.00 to $205.00 and gave the stock an "overweight" rating in a research note on Tuesday, November 5th. Finally, Robert W. Baird raised their price target on shares of WESCO International from $215.00 to $223.00 and gave the company an "outperform" rating in a research report on Friday, November 1st. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $217.63.

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).