Raymond James analyst Sam Darkatsh reiterated a Buy rating on Wesco International (NYSE:WCC) on Monday, setting a price target of $100, which is approximately 14.40% above the present share price of $87.41.
Darkatsh expects Wesco International to post earnings per share (EPS) of $0.11 for the second quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Strong Buy rating of shares in Wesco International, with an average price target of $97.83.
The analysts price targets range from a high of $110 to a low of $90.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $4.13 billion and a net profit of $92.76 million. The company's market cap is $4.38 billion.
According to TipRanks.com, Raymond James analyst Sam Darkatsh is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 5.9% and a 54.55% 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.