Wesco International Stock Beta
| WCC Stock | USD 196.00 1.66 0.84% |
WESCO International fundamentals help investors to digest information that contributes to WESCO International's financial success or failures. It also enables traders to predict the movement of WESCO Stock. The fundamental analysis module provides a way to measure WESCO International's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to WESCO International stock.
WESCO | Beta |
WESCO International Company Beta Analysis
WESCO International's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current WESCO International Beta | 2.01 |
Most of WESCO International's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, WESCO International is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
WESCO Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for WESCO International is extremely important. It helps to project a fair market value of WESCO Stock properly, considering its historical fundamentals such as Beta. Since WESCO International's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of WESCO International's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of WESCO International's interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, WESCO International has a Beta of 2.011. This is 46.79% higher than that of the Trading Companies & Distributors sector and 54.69% higher than that of the Industrials industry. The beta for all United States stocks is notably lower than that of the firm.
WESCO Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses WESCO International's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of WESCO International could also be used in its relative valuation, which is a method of valuing WESCO International by comparing valuation metrics of similar companies.WESCO International is currently under evaluation in beta category among its peers.
WESCO International ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, WESCO International's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to WESCO International's managers, analysts, and investors.Environmental | Governance | Social |
WESCO International Institutional Holders
Institutional Holdings refers to the ownership stake in WESCO International that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of WESCO International's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing WESCO International's value.| Shares | Boston Partners Global Investors, Inc | 2024-09-30 | 924.9 K | Jpmorgan Chase & Co | 2024-09-30 | 904.5 K | Geode Capital Management, Llc | 2024-09-30 | 762.7 K | Newsouth Capital Management Inc | 2024-09-30 | 711.6 K | Lyrical Asset Management Lp | 2024-09-30 | 711.3 K | Principal Financial Group Inc | 2024-09-30 | 591.4 K | Macquarie Group Ltd | 2024-09-30 | 583 K | Norges Bank | 2024-06-30 | 544.4 K | Point72 Asset Management, L.p. | 2024-09-30 | 495.4 K | Blackrock Inc | 2024-06-30 | 4.7 M | Vanguard Group Inc | 2024-09-30 | 4.7 M |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, WESCO International will likely underperform.
WESCO Fundamentals
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0536 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.06 % | ||||
| Current Valuation | 14.63 B | ||||
| Shares Outstanding | 49 M | ||||
| Shares Owned By Insiders | 1.66 % | ||||
| Shares Owned By Institutions | 95.75 % | ||||
| Number Of Shares Shorted | 1.24 M | ||||
| Price To Earning | 8.36 X | ||||
| Price To Book | 1.92 X | ||||
| Price To Sales | 0.44 X | ||||
| Revenue | 22.39 B | ||||
| Gross Profit | 4.66 B | ||||
| EBITDA | 1.56 B | ||||
| Net Income | 803.1 M | ||||
| Cash And Equivalents | 527.35 M | ||||
| Cash Per Share | 4.60 X | ||||
| Total Debt | 5.96 B | ||||
| Debt To Equity | 1.36 % | ||||
| Current Ratio | 2.21 X | ||||
| Book Value Per Share | 102.91 X | ||||
| Cash Flow From Operations | 1.02 B | ||||
| Short Ratio | 1.57 X | ||||
| Earnings Per Share | 12.49 X | ||||
| Price To Earnings To Growth | 1.78 X | ||||
| Target Price | 220.93 | ||||
| Number Of Employees | 20 K | ||||
| Beta | 2.01 | ||||
| Market Capitalization | 9.6 B | ||||
| Total Asset | 15.06 B | ||||
| Retained Earnings | 4.39 B | ||||
| Working Capital | 5 B | ||||
| Current Asset | 2.26 B | ||||
| Current Liabilities | 947.8 M | ||||
| Annual Yield | 0.01 % | ||||
| Net Asset | 15.06 B | ||||
| Last Dividend Paid | 1.61 |
About WESCO International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze WESCO International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of WESCO International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of WESCO International based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether WESCO International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WESCO International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wesco International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wesco International Stock:Check out WESCO International Piotroski F Score and WESCO International Altman Z Score analysis. For information on how to trade WESCO Stock refer to our How to Trade WESCO Stock guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of WESCO International. If investors know WESCO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about WESCO International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.09) | Dividend Share 1.613 | Earnings Share 12.49 | Revenue Per Share 434.114 | Quarterly Revenue Growth (0.03) |
The market value of WESCO International is measured differently than its book value, which is the value of WESCO that is recorded on the company's balance sheet. Investors also form their own opinion of WESCO International's value that differs from its market value or its book value, called intrinsic value, which is WESCO International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WESCO International's market value can be influenced by many factors that don't directly affect WESCO International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WESCO International's value and its price as these two are different measures arrived at by different means. Investors typically determine if WESCO International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WESCO International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.