Wesco International Q1 Earnings How Key Metrics Compare to Wall Street Estimates
WCC Stock | USD 211.57 3.24 1.56% |
About 70 percent of all WESCO International's shareholders are curious in acquiring. The analysis of overall sentiment of trading WESCO International stock suggests that quite a large number of investors are confidant at this time. The current market sentiment, together with WESCO International's historical and current headlines, can help investors time the market. In addition, many technical investors use WESCO International stock news signals to limit their universe of possible portfolio assets.
WESCO |
Although the revenue and EPS for Wesco International give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
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WESCO International Current Investor Sentiment
Panic Vs Confidence
70
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use WESCO International's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward WESCO International.
News SentimentBullish | Hype SentimentBullish | Insider SentimentDisposing |
WESCO International Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards WESCO International can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
WESCO International Historical Investor Sentiment
Investor biases related to WESCO International's public news can be used to forecast risks associated with an investment in WESCO. The trend in average sentiment can be used to explain how an investor holding WESCO can time the market purely based on public headlines and social activities around WESCO International. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
WESCO International's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for WESCO International and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average WESCO International news discussions. The higher the estimate score, the more favorable the investor's outlook on WESCO International.
WESCO International Fundamental Analysis
We 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.
Working Capital
Working Capital Comparative Analysis
WESCO International is currently under evaluation in working capital category among its peers. Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
WESCO International Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with WESCO International stock to make a market-neutral strategy. 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 with similar companies.
Peers
WESCO International Related Equities
CNM | Core Main | 3.06 | ||||
FERG | Ferguson Plc | 1.25 | ||||
MSM | MSC Industrial | 0.75 | ||||
DXPE | DXP Enterprises | 0.47 | ||||
AIT | Applied Industrial | 0.30 | ||||
SITE | SiteOne Landscape | 0.22 | ||||
POOL | Pool | 0.07 | ||||
GWW | WW Grainger | 0.04 | ||||
FAST | Fastenal | 0.18 | ||||
WSO | Watsco | 0.55 | ||||
GIC | Global Industrial | 0.84 |
Complementary Tools for WESCO Stock analysis
When running WESCO International's price analysis, check to measure WESCO International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy WESCO International is operating at the current time. Most of WESCO International's value examination focuses on studying past and present price action to predict the probability of WESCO International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WESCO International's price. Additionally, you may evaluate how the addition of WESCO International to your portfolios can decrease your overall portfolio volatility.
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