WCC Wesco International Dashboard

WESCO International, Inc. is a publicly traded Fortune 500 holding company for WESCO Distribution, a multinational electrical distribution and services company based in Pittsburgh, Pennsylvania. WESCO International, Inc. is a provider of electrical, industrial, and communications, maintenance, repair and operating and original equipment manufacturer products, construction materials, and advanced supply chain management and logistic services. In the year 2019 their total revenue is approximately $17 billion. They have 18,000 employees, 30,000 suppliers and serve to 150,000 active customers worldwide. Their customers include commercial and industrial businesses, contractors, government agencies, institutions, telecommunications providers, and utilities. WESCO operates 10 fully automated distribution centers and 500 branches in North America and international markets.

Company profile

Ticker

WCC, WCC-PA

Exchange

NYSE

Website

www.wesco.com/

CEO

John Engel

Location

Pennsylvania

Fiscal year end

Dec 31

Sector

Real Estate and Rental and Leasing > General Rental Centers

Industry (SIC)

Wholesale - Electrical Apparatus & Equipment, Wiring Supplies

Anixter International • Graybar Electric • Houston Wire & Cable ...

Former names

CDW HOLDING CORP

SEC CIK

0000929008

Corporate docs

Articles of Incorporation & Bylaws

IRS number

251723342

WCC stock data

S&P 500

1M 1Y 2Y 5Y

News

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Raymond James Maintains Strong Buy on WESCO International, Raises Price Target to $130

2 Aug 21

Raymond James analyst Sam Darkatsh maintains WESCO International (NYSE:WCC) with a Strong Buy and raises the price target from $120 to $130.

Understanding WESCO International's Unusual Options Activity

29 Jul 21

On Thursday, shares of WESCO International (NYSE:WCC) saw unusual options activity. After the option alert, the stock price moved up to $105.96.

10 Biggest Price Target Changes For Tuesday

11 May 21

Jefferies boosted NIKE, Inc. (NYSE: NKE) price target from $140 to $192. Nike shares rose 0.3% to $136.83 in pre-market trading.

Keybanc Maintains Overweight on WESCO International, Raises Price Target to $125

11 May 21

Stocks That Hit 52-Week Highs On Monday

10 May 21

Press releases

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WESCO Announces Second Quarter 2021 Earnings Call

14 Jul 21

WESCO International, Inc. (NYSE:WCC) will hold its second quarter 2021 earnings conference call on Thursday, August 5, at 10:00 a.m. EDT. Dial-in details are below. The live audio webcast and presentation slides of the

One Exam Prep Experiences 500% Growth Year over Year in Virtual Class Attendance

30 Jun 21

COCONUT CREEK, Fla., June 30, 2021 /PRNewswire/ - One Exam Prep, a subsidiary of ProBility Media Corp, (OTCPK: PBYA) an education company building the first full-service training and career advancement brand for the

WESCO Declares Quarterly Dividend on Preferred Stock

4 Jun 21

The Board of Directors of WESCO International, Inc. (NYSE:WCC) today declared a cash dividend on the company's 10.625% Series A Fixed-Rate Reset Cumulative Perpetual Preferred Stock for the period April 1, 2021 through

WESCO Announces Redemption of 5.375% Senior Notes Due 2024

2 Jun 21

WESCO International, Inc. Reports First Quarter 2021 Results

6 May 21

Calendar

7 May 21

2 Aug 21

31 Dec 21

Financial summary

Financial statements Chart WCC financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	303.89M	303.89M	303.89M	303.89M	303.89M	303.89M
Cash burn (monthly)	48.42M	3.22M	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)
Cash used (since last report)	198.41M	13.21M	n/a	n/a	n/a	n/a
Cash remaining	105.47M	290.68M	n/a	n/a	n/a	n/a
Runway (months of cash)	2.2	90.2	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

WCC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
2 Jul 21	Engel John	Common Stock	Payment of exercise	Dispose F	No	No	103.74	16,326	1.69M	202,286
2 Jul 21	Engel John	Common Stock	Option exercise	Aquire M	No	No	0	37,290	0	218,612
2 Jul 21	Engel John	RSU Common Stock	Option exercise	Dispose M	No	No	0	37,290	0	87,011
2 Jul 21	James Cameron	Common Stock	Payment of exercise	Dispose F	No	No	103.74	3,243	336.43K	10,201
2 Jul 21	James Cameron	Common Stock	Option exercise	Aquire M	No	No	0	7,458	0	13,444
2 Jul 21	James Cameron	RSU Common Stock	Option exercise	Dispose M	No	No	0	7,458	0	17,402
2 Jul 21	Ted A Dosch	Common Stock	Payment of exercise	Dispose F	No	No	103.74	5,691	590.38K	19,767
2 Jul 21	Ted A Dosch	Common Stock	Option exercise	Aquire M	No	No	0	13,051	0	25,458
2 Jul 21	Ted A Dosch	RSU Common Stock	Option exercise	Dispose M	No	No	0	13,051	0	30,454
2 Jul 21	William Clayton Geary	Common Stock	Payment of exercise	Dispose F	No	No	103.74	4,130	428.45K	6,912

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

WCC institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

13F holders	Current	Prev Q	Change
Total holders	275	8	+3337.5%
Opened positions	271	2	+13450.0%
Closed positions	4	2	+100.0%
Increased positions	1	2	-50.0%
Reduced positions	2	1	+100.0%

13F shares	Current	Prev Q	Change
Total value	5.27B	690.69M	+663.1%
Total shares	51.47M	10.86M	+374.0%
Total puts	161.2K	0	NEW
Total calls	177.4K	0	NEW
Total put/call ratio	0.9	–	–

Largest owners	Shares	Value	Change
Leonard Green & Partners	5.7M	$493.22M	NEW
Green Equity Investors VII	5.7M	$0	0.0%
Vanguard	4.43M	$383.14M	NEW
BLK Blackrock	3.97M	$343.73M	NEW
Dimensional Fund Advisors	2.86M	$247.86M	-4.6%
MCQEF Macquarie	2.48M	$214.31M	NEW
Diamond Hill Capital Management	2.26M	$195.19M	NEW
Boston Partners	2.16M	$187.08M	+5.5%
Peconic Partners	1.74M	$150.62M	NEW
Nuveen Asset Management	1.01M	$87.33M	NEW

Largest transactions	Shares	Bought/sold	Change
Leonard Green & Partners	5.7M	+5.7M	NEW
Vanguard	4.43M	+4.43M	NEW
BLK Blackrock	3.97M	+3.97M	NEW
MCQEF Macquarie	2.48M	+2.48M	NEW
Diamond Hill Capital Management	2.26M	+2.26M	NEW
Peconic Partners	1.74M	+1.74M	NEW
Nuveen Asset Management	1.01M	+1.01M	NEW
STT State Street	991.25K	+991.25K	NEW
New South Capital Management	896.32K	+896.32K	NEW
Geode Capital Management	748.82K	+748.82K	NEW

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

NOW

Risks

We may not be able to fully realize the anticipated benefits and cost savings of our merger with Anixter.
Expansion into new business activities, industries, product lines or geographic areas could subject the company to increased costs and risks and may not achieve the intended results.
Our strategic and operational initiatives are subject to various risks and uncertainties, and we may be unable to implement the initiatives successfully.
Any future acquisitions that we may undertake will involve a number of inherent risks, any of which could cause us not to realize the anticipated benefits.
Our global operations expose us to political, economic, legal , currency and other risks.
Adverse conditions in the global economy and disruptions of financial markets could negatively impact us and our customers.
Our business and operations have been and will continue to be adversely affected by the COVID-19 pandemic, and the duration and extent to which it will affect our business, financial condition, results of operations, cash flows, liquidity, and stock price remains uncertain.
We are subject to various laws and regulations globally and any failure to comply could adversely affect our business.
Fluctuations in foreign currency have an effect on our results from operations.
We may experience a failure in or breach of our information security systems, or those of our third-party service providers, as a result of cyber-attacks or information security breaches.
Loss of key suppliers could decrease sales, profit margins, and earnings.
Product cost fluctuations, lack of product availability, or inefficient supply chain operations could decrease sales, profit margins, and earnings.
A decline in project volume could adversely affect our sales and earnings.
We have risks associated with the sale of nonconforming products and services.
Disruptions to our logistics capability or supply chain may have an adverse impact on our operations.
An increase in competition could decrease sales, profit margins, and earnings.
Changes in tax laws or challenges to the Company's tax positions by taxing authorities could adversely impact the Company's results of operations and financial condition.
Our outstanding indebtedness requires debt service commitments that could adversely affect our ability to fulfill our obligations and could limit our growth and impose restrictions on our business.
Our debt agreements contain restrictive covenants that may limit our ability to operate our business.
We are subject to costs and risks associated with global laws and regulations affecting our business, as well as litigation for product liability or other matters affecting our business.
We must attract, retain and motivate key employees, and the failure to do so may adversely affect our business.
There is a risk that the market value of our common stock may decline.

Management Discussion

Net sales were $4.0 billion for the first quarter of 2021 compared to $2.0 billion for the first quarter of 2020, an increase of 105.3%. The increase primarily reflects the merger with Anixter that was completed on June 22, 2020, along with growth across all segments, as described further below. WESCO's book-to-bill ratio, which measures orders received from customers relative to products shipped and billed during the quarter, was above 1.0 at the end of the first quarter of 2021 indicating strong demand. Backlog has grown double digits since the end of the fourth quarter of 2020.
EES reported net sales $1.7 billion for the first quarter of 2021, compared to $1.1 billion for the first quarter of 2020, an increase of 54.4%. In addition to the impact of the merger, the increase reflects growth in our construction and original equipment manufacturer businesses due to improving economic conditions and strong demand.
CSS reported net sales of $1.3 billion for the first quarter of 2021, compared to $223.7 million for the first quarter of 2020, an increase of 459.0%. The increase reflects the impact from the merger and growth in security solutions, partially offset by project timing, a slowdown in safety sales and the impact of COVID-19 in certain regions.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Bad

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From filing 10-Q 2021 Q1