Reading WCC? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track WCC free→Reading WCC? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track WCC free→NYSEIndustrialsIndustrial DistributionSnapshot 2026-06-16
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
Recent financial performance is neutral, and earnings quality is fragile, reported profits aren't backed by cash. Management's recent track record has been fairly steady, and the company has a capital-friendly stance. Risk is moderate, and the sector backdrop is a headwind, which may affect performance compared with sector peers, where it is typical. Peer multiples imply a price about 9% above where it trades (it looks cheap on this basis); the read is fair, but weakening. This assessment is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 8 valuation methods, at three horizons. Current price $356.28. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $356 WCC trades at 25× p/e, below its 28× p/e peer median. Our $391 fair value sits above the price; medium confidence. Analysts: $350–$440. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The price implies about 9% below a flat-multiple fair value, below our forecast of about 10%. This describes what's priced in, not a forecast of the move.
Only weak execution quality — not the full expensive x weak x turbulent stack. Regime (Mania) does not concentrate fragility.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated neutral grew net income 57% of the time over the next year (vs 64% for the rest of the cohort, n=4882).
Over the trailing year it converted 0.47x of net income into operating cash flow. Historically, Industrials names rated fragile grew net income 56% of the time over the next year (vs 60% for the rest of the cohort, n=3333).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to Fed net liquidity, the US dollar, long-term interest rates, real (inflation-adjusted) rates.
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $4.07 → $3.97 (-2.6% / 30d). 2 raised, 7 cut, 9 covering analysts.
0 upgrades, 0 downgrades / 30d. 80% of analysts rate Buy.
1 PT revisions / 30d. Avg target 26.5% above current price.
0 positive, 0 negative / 30d.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$192.
How much price usually moves either way.
On a bad day, this stock has moved -$346.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $2,054.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
No material changes since the prior snapshot.
as of 2026-06-16
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: High growth in data center sales shows strong demand. It also shows a good market position.
Confirms:Q2 data center sales growth exceeds 70% year over year.
Disproves:Q2 data center sales growth falls below 50% year over year.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
Buy rating supports revenue growth expectations.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. As previously reported in the Current Reports on Form 8-K filed by WESCO International, Inc. (the “Company”) on February 10, 2026 and February 17, 2026, David S. Schulz served as the Company’s Executive Vice President and Chief Financial Officer through February 16, 2026, and continued as Executive Vice President and special advisor to the CEO unti…
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
$350.00 – $440.00 (median $395.00) · 7 analysts · as of 2026-06-15
Roughly priced in line with peers.
Richer than its own typical valuation.
Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1
A side-by-side read on sector standing, valuation, and risk versus Trading Companies & Distributors.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
WCC WESCO International | Typical Show detailsSector percentile: 66 of 100 | fair | moderate |
URI United Rentals | — | expensive | moderate |
FAST Fastenal | Above typical Show detailsSector percentile: 76 of 100 | expensive | moderate |
FERG FERGUSON ENTERPRISES INC | Typical Show detailsSector percentile: 63 of 100 | full | moderate |
SUNB Sunbelt Rentals Holdings Inc | — | inexpensive | low |
5 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Industrials names rated neutral grew net income 59% of the time over the next year (vs 60% for the rest of the cohort, n=1113).
Not investment advice. As of 2026-06-16.
via XLI
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-16.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Focus on driving revenue growth through strategic initiatives.
Improve operating income through cost management and efficiency.
Aim to increase net income through strategic financial management.
Why it matters: Earnings results will show if revenue growth continues after a strong Q1. Investors look for trends in sales and margins.
Confirms one read:Reported net sales growth above 10% year over year in Q2 2026.
Confirms the other:Net sales growth below 5% year over year in Q2 2026.
Why it matters: WESCO is growing its operating income. This means they are managing costs well. This is key for their long-term success.
Confirms:Operating income increases year over year by more than 20% in Q2.
Disproves:Operating income growth is less than 20% year over year in Q2.
Why it matters: Growth in net income signals effective cost management and revenue strategies. This can boost investor trust.
Confirms:Net income rises more than 25% year over year in Q2.
Disproves:Net income growth is less than 25% year over year in Q2.
Why it matters: Strong EPS growth shows good cost control. It also shows revenue growth, which boosts investor confidence.
Confirms:Adjusted EPS growth exceeds 50% year over year in Q2.
Disproves:Adjusted EPS growth falls below 30% year over year in Q2.
Why it matters: Operating cash flow trends indicate financial health. Strong cash flow supports growth initiatives.
Confirms one read:Operating cash flow exceeds $200 million in Q2 2026.
Confirms the other:Operating cash flow falls below $100 million in Q2 2026.
Why it matters: Backlog growth shows future sales potential. A strong backlog helps revenue growth.
Confirms:Backlog increases by more than 20% year over year in Q2 2026.
Disproves:Backlog growth is less than 10% year over year in Q2 2026.
Why it matters: New leaders can change how a company operates. Keeping an eye on this shows future results.
Confirms one read:New CEO outlines a clear growth strategy and maintains revenue targets.
Confirms the other:New CEO fails to provide a coherent strategy or lowers revenue targets.
Why it matters: Higher operating margins show better cost management. This leads to more profit.
Confirms:Operating margin exceeds 5% in Q2.
Disproves:Operating margin falls below 4.5% in Q2.
Why it matters: Improved revenue growth would show WESCO is making progress on its growth goals. This is key for investor confidence.
Confirms:Q2 revenue growth exceeds 14% year over year, improving from Q1's 13.8%.
Disproves:Q2 revenue growth stays below 14% year over year.
Downgrade raises concerns about future performance.
shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended. On April 30, 2026, WESCO International, Inc. (the “Company”) issued a press release announcing its financial results for the first quarter of 2026. A copy of the press release is attached hereto as Exhibit 99.1.
Entry into a Material Definitive Agreement. On February 27, 2026, WESCO Distribution, Inc. (the “Issuer” or “Wesco Distribution”), a wholly owned subsidiary of WESCO International, Inc. (the “Company” or “WESCO”), completed its previously announced offering (the “Offering”) to eligible purchasers of $650 million aggregate principal amount of 5.250% senior notes due 2031 (the “5-Year Notes”) and $850 million aggregate principal amount of 5.500% senior notes due 2034 (the “8-Year Notes” and, to…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. As previously reported in the Current Report on Form 8-K filed by WESCO International, Inc. (the “Company”) on February 10, 2026, David S. Schulz continued as the Company’s Executive Vice President and Chief Financial Officer through a mutually agreed date in February 2026, with Indraneel “Neel” Dev becoming Executive Vice President and Chief Finan…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) David S. Schulz, Executive Vice President and Chief Financial Officer, notified WESCO International, Inc. (the “Company”) that he plans to retire from the Company effective May 31, 2026. Mr. Schulz will continue as Executive Vice President and Chief Financial Officer through a mutually agreed date in February 2026, after which he will serve as…