What is Zacks Research’s Forecast for WCC Q4 Earnings?

WESCO International, Inc. (NYSE:WCC) – Stock analysts at Zacks Research reduced their Q4 2024 EPS estimates for WESCO International in a research report issued on Thursday, November 21st. Zacks Research analyst R. Department now anticipates that the technology company will post earnings of $3.25 per share for the quarter, down from their prior estimate of $3.55. The consensus estimate for WESCO International’s current full-year earnings is $12.22 per share. Zacks Research also issued estimates for WESCO International’s Q1 2025 earnings at $2.34 EPS, Q2 2025 earnings at $3.59 EPS, Q3 2025 earnings at $3.55 EPS, Q4 2025 earnings at $4.01 EPS, FY2025 earnings at $13.50 EPS, Q2 2026 earnings at $4.12 EPS, Q3 2026 earnings at $4.48 EPS and FY2026 earnings at $15.80 EPS.

WCC has been the subject of several other research reports. KeyCorp upped their target price on shares of WESCO International from $195.00 to $225.00 and gave the company an “overweight” rating in a report on Friday, November 1st. Baird R W upgraded WESCO International from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 16th. Loop Capital upped their target price on WESCO International from $190.00 to $210.00 and gave the company a “buy” rating in a research report on Friday, September 27th. Robert W. Baird increased their price objective on WESCO International from $215.00 to $223.00 and gave the company an “outperform” rating in a report on Friday, November 1st. Finally, Oppenheimer lifted their target price on shares of WESCO International from $205.00 to $225.00 and gave the company an “outperform” rating in a report on Friday, November 1st. One equities research analyst has rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $208.86.

WESCO International Stock Performance

Shares of WCC opened at $209.86 on Monday. The company has a market capitalization of $10.28 billion, a price-to-earnings ratio of 16.80, a price-to-earnings-growth ratio of 1.72 and a beta of 2.01. WESCO International has a 52-week low of $132.37 and a 52-week high of $213.75. The company has a quick ratio of 1.29, a current ratio of 2.21 and a debt-to-equity ratio of 0.99. The stock has a 50 day moving average price of $181.86 and a 200 day moving average price of $172.16.

WESCO International (NYSE:WCC) last released its quarterly earnings data on Thursday, October 31st. The technology company reported $3.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.22 by $0.36. WESCO International had a return on equity of 13.19% and a net margin of 3.19%. The business had revenue of $5.49 billion during the quarter, compared to analysts’ expectations of $5.46 billion. During the same period in the prior year, the firm posted $4.49 EPS. The business’s quarterly revenue was down 2.7% compared to the same quarter last year.

WESCO International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 13th were paid a $0.4125 dividend. This represents a $1.65 annualized dividend and a dividend yield of 0.79%. The ex-dividend date was Friday, September 13th. WESCO International’s dividend payout ratio (DPR) is presently 13.21%.

Insider Activity

In other WESCO International news, EVP William Clayton Geary sold 2,829 shares of the stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $205.73, for a total value of $582,010.17. Following the completion of the transaction, the executive vice president now owns 35,063 shares in the company, valued at approximately $7,213,510.99. This represents a 7.47 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Steven A. Raymund sold 5,819 shares of the company’s stock in a transaction on Thursday, September 26th. The stock was sold at an average price of $171.56, for a total transaction of $998,307.64. Following the transaction, the director now directly owns 27,004 shares in the company, valued at approximately $4,632,806.24. This trade represents a 17.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 33,586 shares of company stock valued at $6,565,762 over the last quarter. Corporate insiders own 3.10% of the company’s stock.

Institutional Trading of WESCO International

Several hedge funds and other institutional investors have recently made changes to their positions in WCC. Whittier Trust Co. of Nevada Inc. lifted its position in shares of WESCO International by 71.1% during the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 166 shares of the technology company’s stock valued at $26,000 after acquiring an additional 69 shares during the period. V Square Quantitative Management LLC acquired a new position in WESCO International during the third quarter worth $28,000. GAMMA Investing LLC boosted its position in WESCO International by 65.4% during the second quarter. GAMMA Investing LLC now owns 253 shares of the technology company’s stock worth $40,000 after purchasing an additional 100 shares in the last quarter. UMB Bank n.a. boosted its position in WESCO International by 18.3% during the third quarter. UMB Bank n.a. now owns 633 shares of the technology company’s stock worth $106,000 after purchasing an additional 98 shares in the last quarter. Finally, Innealta Capital LLC purchased a new position in shares of WESCO International in the second quarter valued at $152,000. Institutional investors and hedge funds own 93.76% of the company’s stock.

WESCO International Company Profile

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).