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Last $54.68 USD
Change Today -1.29 / -2.30%
Volume 272.2K
WCC On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 12:35 PM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

wesco international inc (WCC) Snapshot

Open
$54.79
Previous Close
$55.97
Day High
$55.30
Day Low
$54.50
52 Week High
11/11/14 - $86.92
52 Week Low
08/24/15 - $50.92
Market Cap
2.4B
Average Volume 10 Days
747.0K
EPS TTM
$4.82
Shares Outstanding
43.5M
EX-Date
--
P/E TM
11.3x
Dividend
--
Dividend Yield
--
Current Stock Chart for WESCO INTERNATIONAL INC (WCC)

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wesco international inc (WCC) Details

WESCO International, Inc. distributes electrical, industrial, and communications maintenance, repair, and operating (MRO) products; and original equipment manufacturers products and construction materials in North America and internationally. It also provides supply chain management and logistics services. The company offers general and industrial supplies, such as wiring devices, fuses, terminals, connectors, boxes, enclosures, fittings, lugs, terminations, tapes, splicing and marking equipment, tools and testers, abrasives, cutting tools, consumables, fasteners, janitorial, and other MRO supplies, as well as safety and security, and personal protection products. It also provides wires, cables, raceways, and metallic and non-metallic conduits; and communication products, including structured cabling systems, broadband products, low voltage specialty systems, specialty wire and cable products, equipment racks and cabinets, access controls, alarms, cameras, and paging and voice solutions. In addition, the company offers power distribution equipment comprising circuit breakers, transformers, switchboards, panel boards, metering products, and bus way products; lamps, fixtures, ballasts, and lighting control products; and motor control devices, drives, relays, timers, pushbuttons, operator interfaces, switches, sensors, interconnects, and surge and power protection products. Further, it provides value added services in the areas of construction, e-business, energy, engineering, green and sustainability, production support, safety and security, supply chain optimization, training, and working capital. The company serves industrial firms, electrical and data communications contractors, utilities, commercial organizations, institutions, and governmental entities. WESCO International, Inc. was founded in 1922 and is headquartered in Pittsburgh, Pennsylvania.

9,400 Employees
Last Reported Date: 07/31/15
Founded in 1922

wesco international inc (WCC) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $942.5K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $445.0K
Chief Operating Officer, Senior Vice Presiden...
Total Annual Compensation: $668.8K
Senior Vice President and General Counsel
Total Annual Compensation: $390.0K
Chief Human Resource Officer and Senior Vice ...
Total Annual Compensation: $376.3K
Compensation as of Fiscal Year 2014.

wesco international inc (WCC) Key Developments

WESCO International Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Third Quarter of 2015; Revises Earnings Guidance for the Full Year of 2015

WESCO International Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. Net sales were $1,916.7 million for the second quarter of 2015, compared to $2,005.2 million for the second quarter of 2014, a decrease of 4.4%. Operating profit was $90.3 million for the current quarter, compared to $115.9 million for the second quarter of 2014. Net income attributable to the company of $51.8 million for the current quarter was down 24.8% from $68.9 million for the prior year quarter. Earnings per diluted share for the second quarter of 2015 was $1.00 per share, based on 51.9 million diluted shares, compared to $1.29 per share in the second quarter of 2014, based on 53.5 million diluted shares. Free cash flow for the second quarter of 2015 was $34.9 million compared to a net cash outflow of $2.7 million for the second quarter of 2014. Income before income taxes was $71.7 million for the second quarter of 2015, compared to $95.6 million for the second quarter of 2014. For the six months ended June 30, 2015, net sales were $3,733.0 million for the first six months of 2015, compared to $3,816.0 million for the first six months of 2014, a decrease of 2.2%. Operating profit was $177.4 million for the first six months of 2015 compared to $208.7 million for the first six months of 2014. Net income attributable to the company of $98.7 million for the six months ended June 30, 2015 was down 18.2% from $120.7 million for the six months ended June 30, 2014. Earnings per diluted share for the first six months of 2015 was $1.90 per share, based on 52.1 million diluted shares, versus $2.26 per share for the first six months of 2014, based on 53.4 million diluted shares. Free cash flow for the six months ended June 30, 2015 was $120.0 million, or 122% of net income, compared to free cash flow of $39.0 million, or 32% of net income for the six months ended June 30, 2014. Income before income taxes was $137.9 million for the first six months of 2015 compared to $167.7 million for the first six months of 2014. Net cash provided by operating activities was $132.6 million for the first six months of 2015 compared to $50.8 million for the first six months of 2014. Capital expenditure was $12.6 million for the first six months of 2015 compared to $11.8 million for the first six months of 2014. The company expected third quarter consolidated sales to be flat to down 3% over last year's third quarter, including a Canadian currency exchange rate of $0.79 to the U.S. dollar. The company expected operating margin to be approximately 5.7% to 5.9%, and the effective tax rate to be approximately 29% to 30%. Based on second quarter results and a challenging market outlook, the company is revising its full year 2015 outlook for sales growth of (3)% to flat and $4.50 to $4.90 earnings per diluted share from previous outlook of (3)% to 3% sales growth and $5.00 to $5.40 earnings per diluted share. The company continues to expect an effective tax rate of approximately 29%. Lowering the operating margin outlook range to 5.3% to 5.5%.

WESCO International Inc. to Report Q2, 2015 Results on Jul 23, 2015

WESCO International Inc. announced that they will report Q2, 2015 results at 11:00 AM, US Eastern Standard Time on Jul 23, 2015

WESCO International Inc., Q2 2015 Earnings Call, Jul 23, 2015

WESCO International Inc., Q2 2015 Earnings Call, Jul 23, 2015

 

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WCC Competitors

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Industry Analysis

WCC

Industry Average

Valuation WCC Industry Range
Price/Earnings 11.5x
Price/Sales 0.3x
Price/Book 1.3x
Price/Cash Flow 7.5x
TEV/Sales 0.1x
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