Raymond James analyst Sam Darkatsh reiterated a Buy rating on Wesco International (NYSE:WCC) on Monday, setting a price target of $65, which is approximately 40.72% above the present share price of $46.19.
Darkatsh expects Wesco International to post earnings per share (EPS) of -$0.84 for the fourth quarter of 2020.
The current consensus among 8 TipRanks analysts is for a Moderate Buy rating of shares in Wesco International, with an average price target of $56.
The analysts price targets range from a high of $65 to a low of $44.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $2.09 billion and a net profit of $15.27 million. The company's market cap is $2.31 billion.
According to TipRanks.com, Raymond James analyst Sam Darkatsh is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 0.0% and a 51.59% success rate.
WESCO International, Inc. is a holding company, which engages in the provision of electrical, industrial, and communications maintenance, repair & operating and original equipment manufacturers products. It also offers construction materials, and supply chain management and logistics services. Its product categories include general supplies, wire, cable & conduit, communications & security, electrical distribution and controls, lighting & sustainability and automation, controls & motors. The company was founded in 1993 and is headquartered in Pittsburgh, PA.