WESCO International (WCC) Receiving Somewhat Positive Media Coverage, Study Shows
News articles about WESCO International (NYSE:WCC) have trended somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. WESCO International earned a news sentiment score of 0.22 on Accern’s scale. Accern also gave news coverage about the technology company an impact score of 46.7323792712583 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
WESCO International (NYSE:WCC) traded up $0.70 on Tuesday, reaching $63.30. The company had a trading volume of 266,790 shares, compared to its average volume of 511,632. The company has a market cap of $2,940.00, a P/E ratio of 16.20, a PEG ratio of 1.62 and a beta of 1.95. WESCO International has a twelve month low of $48.95 and a twelve month high of $76.15. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.31 and a quick ratio of 1.42.
WESCO International (NYSE:WCC) last released its quarterly earnings results on Thursday, October 26th. The technology company reported $1.12 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.03 by $0.09. The business had revenue of $2 billion during the quarter, compared to the consensus estimate of $1.93 billion. WESCO International had a return on equity of 9.11% and a net margin of 2.52%. The firm’s quarterly revenue was up 7.8% on a year-over-year basis. During the same period in the previous year, the company posted $1.05 EPS. sell-side analysts predict that WESCO International will post 3.87 EPS for the current year.
Several research firms have weighed in on WCC. UBS AG boosted their price target on WESCO International from $55.00 to $65.00 and gave the stock a “neutral” rating in a research report on Friday, October 27th. Zacks Investment Research lowered WESCO International from a “buy” rating to a “hold” rating in a research report on Wednesday, November 1st. Robert W. Baird reissued a “hold” rating and set a $67.00 target price on shares of WESCO International in a report on Friday, October 27th. Wolfe Research lowered WESCO International from an “outperform” rating to a “market perform” rating in a report on Friday, October 27th. Finally, Wells Fargo & Company boosted their target price on WESCO International from $67.00 to $75.00 and gave the stock an “outperform” rating in a report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $68.38.
COPYRIGHT VIOLATION NOTICE: “WESCO International (WCC) Receiving Somewhat Positive Media Coverage, Study Shows” was first posted by Daily Political and is owned by of Daily Political. If you are reading this story on another domain, it was illegally stolen and reposted in violation of United States & international copyright & trademark legislation. The original version of this story can be read at https://www.dailypolitical.com/2017/11/21/wesco-international-wcc-receiving-somewhat-positive-media-coverage-study-shows.html.
WESCO International Company Profile
WESCO International, Inc is a distributor of products and provider of supply chain management and logistics services used in industrial, construction, utility and commercial, institutional and government (CIG) markets. The Company is a provider of electrical, industrial and communications maintenance, repair and operating (MRO) and original equipment manufacturers (OEM) products, construction materials, and supply chain management and logistics services.
Receive News & Ratings for WESCO International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WESCO International Inc. and related companies with MarketBeat.com's FREE daily email newsletter.