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 $174.72, up 4.78% from the previous day, and has increased 18.21% in one year. It has underperformed other stocks in the Industrial Distribution industry by 0.07 percentage points. Wesco International stock is currently +42.86% from its 52-week low of $122.30, and -10.6% from its 52-week high of $195.43.
There are currently 49.16M shares of WCC outstanding. The market capitalization of WCC is $8.59B. In the past 24 hours, 1.32M 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 pick an online brokerage, but don't worry - we've analyzed 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 identified.
- Put funds into your brokerage account: Select your payment method and add your info.
- 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 research website can help you evaluate 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 buy WCC stock at a given price.
- Keep an eye on your investment in WCC: Create a watchlist to important updates regarding your new investment 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 picked your brokerage, the next step is to fill out some personal information so you are able to buy WCC today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to create your new trading account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've finished signing up on app for stock market, you need to deposit funds:
Check out the tutorial below to see the process of depositing money into your brokerage account.
Step 4: Evaluate Wesco International stock
After you have chosen the best place to buy Wesco International stock, it's crucial to research their stock before you invest, so you actually comprehend the risk as well as the upside.
Wesco International shares quick numbers
Fundamentals of Wesco International
WallStreetZen was created to help part-time investors do more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on WCC's stock page.
Is WCC stock undervalued or overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge WCC's fair value.
Using relative valuations measures:
- WCC could be undervalued based on its P/E ratio of 13.31x, relative to Industrial Distribution industry P/E ratio of 23.9x
- WCC may be undervalued based on its P/B ratio of 1.77x, relative to Industrial Distribution industry P/B ratio of 6.89x
- WCC could be overvalued based on its PEG ratio of 3.77x
You can access more valuation analysis on WCC's stock here.
WCC Financial Health Overview
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the WCC balance sheet.
- There are more short-term assets than long-term liabilities on the WCC balance sheet.
Failed Health Checks:
- WCC earnings of $1.34B is not sufficient to cover its interest payments.
- WCC's operating cash flow of $953.50M allows it to safely service it's debt of $5.86B.
- Total WCC debt is higher than 5 years ago, relative to shareholder equity.
- WCC has a relatively high debt to equity ratio of 2.11.
- WCC profit margin has gone down from 3.6% to 3% in the past year.
Is it a good time to buy WCC stock, according to analysts?
Out of 6 Equities analysts who give recommendations on WCC, the consensus analyst rating on WCC is a Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
Latest WCC Analyst Forecasts
Christopher Glynn, a top 7% analyst from Oppenheimer maintains WCC with a buy rating and raises their WCC price target from $190.00 to $200.00, on May 3, 2024.
You can dig deeper into what analysts are projecting on the Wesco International stock forecast page.
WCC Technicals
WCC Growth Metrics
Last year, WCC earnings were $665.70M. In the last 5 year, WCC's earnings have grown by 20.87% per year. This was faster than the Industrial Distribution industry average of 13.25%.
Last year, WCC revenue was $21.95B. During the last five year, WCC's revenue has increased by 21.79% per year. This was faster than the Industrial Distribution industry average of 9.2%.
Dive into WCC's earnings and revenue performance here.
Are WCC executives and large shareholders buying or selling the stock?
Over the past 12 months, insiders at WCC have sold more shares than they have bought.
Glynis Bryan, Director of WCC, was the latest WCC insider to buy. They bought $31,244.28 worth of WCC shares on Sep 30, 2024.
Research more about who owns WCC stock here.
Can I rely on WCC as an income stream?
Wesco International pays a dividend of 0.92%, compared to the Industrial Distribution industry's average dividend yield of 1.84%. If you owned $1,000 of WCC stock, you would have received $9.23 last year.
Dig into more info about Wesco International dividend yield and history here.
What others are saying about WCC
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Execute your WCC trade
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually fine. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at an exact dollar amount, use a limit order.
Press the Open Trade button and your broker will execute the order.
If you need more assistance investing in stocks on eToro, click the helpful video below:
Step 6: Keep an eye on your investment in WCC
Now that you own some shares in WCC, you'll want to stay up-to-date on your company.
Start a watchlist to monitor your WCC stock.
WCC Feed
How to Buy Stock in Wesco International
To reiterate, here are the 6 steps for buying Wesco International stock:
- 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 need a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep tabs on your new investment in Wesco International, hit the button below to create your watchlist.
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