How to Buy Wesco International Stock
Wesco International Inc
Wesco International is a industrial distribution company located in Pennsylvania, United States, which is part of the Industrials sector, and is traded under the ticker WCC on the NYSE exchange.
Wesco International stock last closed at $141.72, up 2.24% from the previous day, and has increased 8.17% in one year. It has overperformed other stocks in the Industrial Distribution industry by 0.01 percentage points. Wesco International stock is currently +43.15% from its 52-week low of $99.00, and -19.02% from its 52-week high of $175.00.
At the moment, there are 51.1M WCC shares outstanding. The market capitalization of WCC is $7.24B. In the last 24 hours, 719,734 WCC shares were traded.
How to Buy Wesco International Stock
Wondering how to invest in Wesco International stock? Here's how.
- Decide where to buy Wesco International stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you choose where to buy Wesco International stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Select your method of payment and add your details.
- Evaluate Wesco International stock: The Wesco International ticker symbol is WCC. Is Wesco International stock a good investment? Should you buy shares of WCC? How do WCC's underlying business fundamentals look? Do top analysts think Wesco International is a good buy? Why has WCC's stock price moved recently? (Hint: Our stock market research website can help you understand if WCC is a good stock to buy).
- Execute your WCC trade: Decide if you will purchase WCC shares at the current market price or use a limit order to purchase WCC stock at a particular price.
- Keep an eye on your investment in WCC: Create a watchlist to keep track of your position in Wesco International shares.
Step 1: Decide where to buy Wesco International stock
You will need an online brokerage account in order to access the NYSE market and buy WCC shares.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal details so you can buy WCC today.
How to Create a New Account on eToro
- Click here to get started.
- Provide your personal info to create a new brokerage account.
- Submit your application by hitting the "Create Account" button.
Step 3: Put funds into your brokerage account
Now that you have created your account on the greatest app to buy stocks, your next step is to transfer the money for your investment:
Check out the tutorial below to see the process of depositing money into your new investment account.
Step 4: Evaluate Wesco International stock
After you have chosen the best place to buy Wesco International stock, it's important to research their stock prior to buying, so you actually comprehend the risk and upside.
Wesco International shares quick numbers
Fundamentals of Wesco International
WallStreetZen was built to help everyday investors do better fundamental analysis in less time.
You can view all of the due diligence checks on WCC's stock page.
How is WCC stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge WCC's true value.
Using relative valuations ratios:
- WCC may be undervalued based on its P/E ratio of 8.95x, relative to Industrial Distribution industry P/E ratio of 283.16x
- WCC could be undervalued based on its P/B ratio of 1.63x, relative to Industrial Distribution industry P/B ratio of 5.5x
- WCC could be overvalued based on its PEG ratio of 2.07x
You can do additional valuation research on WCC's stock here.
Is WCC a healthy company?
Passed Health Checks:
- WCC profit margin has gone up from 2.2% to 3.7% in the past year.
- WCC has $527.35M in cash and short term investments. This is enough to cover its annual cash burn of $88.14M.
- There are more short-term assets than long-term liabilities on the WCC balance sheet.
- There are more short-term assets than short-term liabilities on the WCC balance sheet.
- WCC has cash burn of 88143000. It has sufficient cash and short-term investments to cover this for at least one year.
Failed Health Checks:
- Total WCC debt is higher than 5 years ago, relative to shareholder equity.
- WCC has a relatively high debt to equity ratio of 2.33.
Is WCC stock a Buy, Hold, or Sell, according to analysts?
Out of 6 Equities analysts who research WCC, the consensus analyst rating on Wesco International is a Strong Buy
It's important to note that analyst forecasts are not recommendations, nor are they investment advice.
Latest WCC Analyst Ratings
Deane Dray, a top 20% analyst from RBC Capital maintains WCC with a buy rating and raises their WCC price target from $163.00 to $200.00, on Feb 15, 2023.
Christopher Glynn, a top 16% analyst from Oppenheimer maintains WCC with a buy rating and raises their WCC price target from $175.00 to $200.00, on Feb 15, 2023.
Sam Darkatsh, a top 1% analyst from Raymond James maintains WCC with a strong buy rating and raises their WCC price target from $190.00 to $200.00, on Feb 15, 2023.
David Manthey, a top 9% analyst from Baird maintains WCC with a hold rating and raises their WCC price target from $170.00 to $189.00, on Feb 15, 2023.
Ken Newman, a top 15% analyst from KeyBanc maintains WCC with a strong buy rating and raises their WCC price target from $165.00 to $195.00, on Feb 15, 2023.
You can dig deeper into what analysts are forecasting on the Wesco International stock forecast page.
WCC Trading Indicators
Is WCC Making Money?
Last year, WCC earnings were $803.06M. Over the past 5 year, WCC's earnings have increased by 35.86% per year. This was faster than the Industrial Distribution industry average of 17.2%.
Last year, WCC revenue was $21.42B. Over the last five year, WCC's revenue has gone up by 22.77% per year. This was faster than the Industrial Distribution industry average of 13.89%.
You can analyze WCC's earnings and revenue performance here.
Latest Insiders Trades at WCC
In the past 12 months, executives and large shareholders at WCC have bought more shares than they have sold.
Nelson John Squires Iii, EVP GM EES of WCC, was the latest WCC insider to sell. They sold $104,921.08 worth of WCC shares on Mar 8, 2023.
Research more about who owns WCC shares here.
Can I rely on WCC as an income stream?
Wesco International pays a dividend of 0.26%, compared to the Industrial Distribution industry's average dividend yield of 2.43%. If you owned $1,000 of WCC stock, you would have received $2.65 in the past 12 months.
Get more info about Wesco International dividend yield and history here.
What do other traders have to say about WCC?
One of the reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Execute your WCC trade
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually the best for newer investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a specific price, place a limit order.
Hit the Open Trade button and your broker will place your order.
If you need more help with buying stocks on eToro, watch the how to video below:
Step 6: Keep an eye on your investment in WCC
Now that you own some WCC shares, you'll want to keep up with your investment.
Make a watchlist to keep track of your WCC stock.
WCC Feed
How to Buy Stock in Wesco International
To reiterate, here are the 6 steps you need to take to buy Wesco International stock right now:
- Decide where to buy Wesco International stock
- Create your brokerage account
- Put funds into your brokerage account
- Evaluate Wesco International stock
- Execute your WCC trade
- Keep an eye on your investment in WCC
If you are looking for a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to keep tabs on your new investment in Wesco International, create a watchlist today.
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