One of the most dreaded feelings for an investor is when the stock they just bought is overvalued, or they missed out on an undervalued opportunity by not acting fast enough.

But what if you had the insights to effectively evaluate a company like WESCO International, Inc. before investing? Investing requires a certain perspective to avoid being overly confident in a company or worried about cyclical changes. A smart way to take the guesswork out of knowing when to buy or sell WESCO International, Inc.’s stock is to have the right tools and resources as well as a clear monitoring process.

In this article, we go over a few key elements for understanding WESCO International, Inc.’s stock price such as:

• Current stock price and volume
• Stock price history
• Upgrades and downgrades from analysts
• Stock price momentum as measured by its relative strength

About WESCO International, Inc. (WCC)

Before we jump into WESCO International, Inc.’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

WESCO International, Inc. is a provider of business-to-business distribution, logistics services and supply chain solutions. The Company conducts its businesses through three segments: Electrical & Electronic Solutions (EES), Communications & Security Solutions (CSS) and Utility & Broadband Solutions (UBS). The EES segment supplies a range of products and solutions primarily to the construction, industrial and original equipment manufacturer (OEM) markets. Its EES segment supplies various products, including electrical equipment and supplies, automation and connected devices (the Internet of things), security, lighting, wire and cable, safety, and maintenance, repair and operating (MRO) products. Its CSS segment operates in the network infrastructure and security markets. The UBS segment provides products and services to investor-owned utilities, public power companies, including municipalities, as well as global service providers, wireless providers and broadband operators.

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WESCO International, Inc.’s Stock Price as of Market Close

As of February 14, 2023, 4:00 PM CST, WESCO International, Inc.’s stock price was $165.74.

WESCO International, Inc. is up 8.2% from its previous closing price of $153.18.

During the last market session, WESCO International, Inc.’s stock traded between $148.06 and $153.80. Currently, there are 50.82 million shares of WESCO International, Inc. stock available for purchase.

WESCO International, Inc.’s price-earnings (P/E) ratio is currently at 10.7, which is low compared to the Electrical Components & Equipment industry median of 19.4. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

WESCO International, Inc. Stock Price History

WESCO International, Inc.’s (WCC) price is currently up 11.23% so far this month.

During the month of February, WESCO International, Inc.’s stock price has reached a high of $168.72 and a low of $147.08.

Over the last year, WESCO International, Inc. has hit prices as high as $155.00 and as low as $99.00. Year to date, WESCO International, Inc.’s stock is up 25.95%.

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What Caused WESCO International, Inc. Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of February 13, 2023, there was 1 analyst who downgraded WESCO International, Inc.’s stock and 4 analysts who upgraded over the last month.

Additionally, you'll want to evaluate WESCO International, Inc.’s financial health and valuation. It is possible for a stock to appear cheap based on one valuation metric but appear expensive on another. It is also possible for one valuation ratio to be associated with outperforming stocks during certain periods of time but not others.

Therefore, AAII developed a composite valuation to help resolve such issues. AAII’s Value Grade analyzes six distinct variables: price-to-sales (P/S) ratio, price-earnings (P/E) ratio, the ratio of enterprise value to earnings before interest, taxes, depreciation and amortization (EV/EBITDA), shareholder yield, price-to-book-value (P/B) ratio and price-to-free-cash-flow (P/FCF) ratio.

WESCO International, Inc.’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about WESCO International, Inc. (WCC) by visiting AAII Stock Evaluator.

Relative Price Strength of WESCO International, Inc.

Relative price strength addresses the relationship between a stock price’s trend and the price trend of the market. This ratio is expressed as a percentage and helps investors understand a company’s momentum as well as its value. You can use relative price strength to select investments that have been outperforming the market or a specific benchmark.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. The weighted four-quarter relative price strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40%, and each of the three previous quarters are given a weighting of 20%.

As of February 13, 2023, WESCO International, Inc. has a weighted four-quarter relative price strength of 9.30%, which translates to a Momentum Score of 84 and is considered to be Very Strong.

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WESCO International, Inc. Stock Price: Bottom Line

As of February 14, 2023, WESCO International, Inc.’s stock price is $165.74, which is up 8.2% from its previous closing price.

At AAII, we stress that investors should never buy or sell a stock solely based on its stock price. Past returns do not guarantee future performance. Therefore, you should consider multiple ratios, fundamentals and analytics before making a decision. Whether you decide it’s a good time to buy or sell WESCO International, Inc.’s stock based on its stock price forecast is ultimately up to you.

It’s important to understand that stock prices are driven by a variety of factors, but ultimately the price at any given moment is due to the supply and demand in the market. Stock price overviews, like the one you just read, only give you a small snapshot of a company’s performance, value and momentum.

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