WESCO Stock Went Up By Over 9% So Far Today

(VIANEWS) – Shares of WESCO (NYSE: WCC) rose 9.09% to $145.75 at 14:47 EST on Friday, after two successive sessions in a row of gains. NYSE is jumping 0.59% to $15,063.92, after five consecutive sessions in a row of losses. This seems, so far, a somewhat bullish trend exchanging session today.

WESCO’s last close was $133.61, 23.65% under its 52-week high of $175.00.

About WESCO

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). The EES segment supplies products and supply chain solutions, including electrical equipment and supplies, automation and connected devices, security, lighting, wire and cable, and safety, as well as maintenance, repair, and operating (MRO) products. This segment also offers contractor solutions, direct and indirect manufacturing supply chain optimization programs, lighting and renewables advisory services, and digital and automation solutions. The CSS segment operates in the network infrastructure and security markets. This segment sells products directly to end-users or through various channels, including data communications contractors, security, network, professional audio/visual, and systems integrators. It also provides safety and energy management solutions. The UBS segment offers products and services to investor-owned utilities; public power companies; and service and wireless providers, broadband operators, and contractors. This segment's products include wire and cables, transformers, transmission and distribution hardware, switches, protective devices, connectors, conduits, pole line hardware, racks, cabinets, safety and MRO products, and point-to-point wireless devices. This segment also offers various service solutions, including fiber project management, high and medium voltage project design and support, pre-wired meters and capacitor banks, meter testing and metering infrastructure installation, personal protective equipment dielectric testing, and tool repair, as well as emergency response, storage yard, materials, and logistics management. The company was founded in 1922 and is headquartered in Pittsburgh, Pennsylvania.

Earnings Per Share

As for profitability, WESCO has a trailing twelve months EPS of $15.63.

PE Ratio

WESCO has a trailing twelve months price to earnings ratio of 9.33. Meaning, the purchaser of the share is investing $9.33 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 20.51%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

WESCO’s EBITDA is 0.54.

Volume

Today’s last reported volume for WESCO is 746384 which is 22.52% above its average volume of 609182.

Sales Growth

WESCO’s sales growth is 8.2% for the present quarter and 6% for the next.

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