WESCO International, Inc. Commo (NYSE:WCC):
WESCO International, Inc. Names New Chief Financial Officer.
The company is now up by 0.36% since yesterday’s close of $54.95.
The stock is trading at $55.15 which is marginally lower than $59.20, the stock’s 50 day moving average and just a bit lower than the 200 day moving average of $57.38. The 50 day moving average went down $-4.05 or -6.84% and the 200 day average went down $-2.23 or -3.88%.
WESCO International, Inc. Commo currently has a P/E ratio of 13.49 and market capitalization is 2.33B. In the latest earnings report the EPS was $4.09 and is expected to be $3.94 for the current year with 42,276,000 shares presently outstanding. Next quarter’s EPS is estimated at $0.85 with next year’s EPS projected to be $4.24.
Several Wall Street analysts have released opinions on WCC. On September 7 the stock rating was downgraded from “Outperform” to “Perform” by Oppenheimer. On August 24 the company was set at “Buy” according to a Longbow Research report which was a boost from the previous “Neutral” rating.
On April 22, 2016 the stock rating was rated “Hold” by Standpoint Research a cut from the previous “Buy” rating. April 14 investment analysts at Susquehanna kept the company rating at “Neutral” but moved up the price target from $43.00 to $52.00.
On March 22 Oppenheimer made no change to the stock rating of “Outperform” but raised the price target to $58.00 from $49.00. On March 22 analysts at Sterne Agee CRT starting coverage on the stock by announcing an initial rating of “Neutral”.