Invalid Stock Symbol. Showing a Random Stock WCC . Please enter a stock symbol above

Today's Total Call volume - 82 | Total Put volume - 133

Today's sizzling WCC PUT Options

Exp Date Contract Symbol Strike Last Price Bid Ask Change Volume Open Interest IV
2021-Apr-16 WCC210416P00050000 50 9.48 0 0 0 60 0 0 %

Latest News

BUZZ-U.S. STOCKS ON THE MOVE-Square, Xpeng, Lam Research, Applied Materials

A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".

Posted on 28 September 2020 | 7:35 am

Market Crash Protection: 3 Defensive Stocks

Markets have taken a pounding in recent sessions and investors are understandably nervous. The NASDAQ, which had been leading the markets' recent gains, tumbled 8% in the last two days on fears over high valuations.

So, it’s time for defensive stocks. These are stocks that will provide your portfolio with a degree of insulation, protection from the negative chances inherent in the markets. Sometimes that protection comes in the form of high dividends, sometimes in the form of countertrend share appreciation, and sometimes it comes from a solid business foundation and cash-flow.

Therefore, today we’ll look at three defensive stocks that have been chosen as Top Picks by Wall Street analysts. These are buy-rated stocks that the analysts foresee having a 25% or better growth potential in the year ahead.

Using TipRanks’ Stock Comparison tool, we lined up the three alongside each other to get the lowdown on what the near-term holds for these Dow players.

Territorial Bancorp (TBNK)

We start with a small-cap financial stock, Territorial Bancorp. This holding company offers, through its subsidiary Territorial Savings Bank, commercial and retail banking services to customers in Hawaii. Services include deposits, commercial and industrial real estate loans, consumer loans, residential mortgages, and home equity lines of credit. The bank’s name reflects the Islands’ status when the company was formed, in 1921.

The company reported EPS well above the forecasts in both Q1 and Q2, beating estimates by 17% and 30% respectively. Revenues remained stable during those quarters, and the outlook for Q3 predicts sequential improvements as the economy reopens.

The company has kept up its dividend payment through the corona crisis. Territorial has a history of adjusting the dividend to fit the times – but has not done so during the ‘corona half’ 1H20. The regular quarterly payment of 23 cents was last sent out in August. At that rate, it annualizes to 92 cents per common share and yields 4.32%.

Compass Point analyst Laurie Hunsicker makes TBNK her top pick, rating the stock a Buy and giving it a $30 price target that suggests a robust 40% upside potential. (To watch Hunsicker’s track record, click here)

In her comments, Hunsicker says, “TBNK has a history of paying out ~100% of EPS in the form of dividends and buybacks; TBNK does not currently have a buyback in place (completed its ninth buyback in 2Q20), and in our view has substantial room to declare a special dividend and/ or authorize a new buyback, relative to our EPS projections versus the $0.92 annual dividend... We continue to believe that TBNK will be the top performing bank in our coverage from a credit perspective during the COVID-19 crisis.”

It has been relatively quiet when it comes to other analyst activity. In the last three months, only 2 analysts have issued ratings; one is a Buy and the other is a Hold making the consensus rating a Moderate Buy. Shares are selling for $21.30 and have an average price target of $27, giving the stock a 25% one-year upside potential. (See TBNK stock analysis on TipRanks)

America’s Car-Mart (CRMT)

Next up, America’s Car-Mart, is an Arkansas-based company in the lucrative used vehicle marketplace. The company operates in both brick-and-mortar dealerships and online, and boasts that it specializes in assisting customer with poor or no credit. Car-Mart offers low down payments, flexible financing arrangements, layaway, and buyers and payment protection plans. Car-Mart has a market cap of $684 million, and operates 140 locations in 12 states.

With economic pressure on consumers increasing, used vehicles have seen an increase in popularity and sales. CRMT has seen revenues remains stable during 1H20, while earnings made strong sequential gains in Q2. At the top line, revenues have remained between $186 and $195 million, with the most recent quarter, the company’s fiscal Q1, showing $187 million. That same quarter saw earnings of $2.83, 91% above expectations.

Vincent Caintic, reviewing the stock for investment firm Stephens, sees Car-Mart getting a boost from the general conditions of the vehicle market. He writes, “We are encouraged that Car-Mart's used car supply has been fixed. It does seem like the price/volume dynamic will fluctuate over the next few quarters, with mgmt. expecting "relief" in car prices over the next six months. Recall that lower car prices are better for CRMT.”

In line with those comments, Caintic makes CRMT his top pick. The analyst rates the stock an Overweight (i.e. Buy) along with a $128 price target. This figure implies an upside of 28% from current levels. (To watch Caintic’s track record, click here)

The Moderate Buy analyst consensus rating on CRMT is based on 2 Buys and 1 Hold set in recent weeks. The average price target, at $127.67, is in line with Caintic’s. (See CRMT stock analysis on TipRanks)

Wesco International (WCC)

Last on our list is Wesco, a major name in the electronics industry. Wesco manufactures, distributes, and services communications, electrical, industrial, and maintenance repair and operating and original equipment manufacturer products (MRO and OEM), and also offers logistics and supply chain management. Wesco boasts a $2.24 billion market cap, and over $8 billion in annual sales.

While earnings fell in Q1, the Q2 results showed a quick return toward normal levels – and beat the forecast by 57.5%. Going forward, the Q3 prediction is for further gains. Revenues in the first half were stable, at about $2 billion in each quarter.

Wells Fargo analyst Michael McGinn covers this stock, and he is impressed by Wesco’s recent business improvements.

“Underlying trends look favorable and appear to be showing a healthy dose of positive momentum. This is most notable within organic sales, which were limited to a 12% decline, marking a vast improvement from the high­teens% declines previously reported April through May,” McGinn opined. "We think what matters most for investors is the prolific (1) scale, (2) demand (e.g., datacenter, IoT, security, denser fiber, 5G, utility T&D), (3) counter­cyclical FCF and (4) synergy potential, WCC will have to drive an estimated 30% EBITDA and 40% FCF accretion."

With that in mind, McGinn makes WCC his top pick. The analyst rates the stock an Overweight (i.e. Buy) along with a $60 price target, which implies a 34% upside potential from current levels. (To watch McGinn’s track record, click here)

Overall, with an average price target of $53.30, Wesco shows a 19% upside potential from the current share price of $47.27. The Moderate Buy consensus rating is based on 10 reviews, including 6 Buys and 4 Holds. (See WCC stock analysis on TipRanks)

To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.

Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.

Posted on 4 September 2020 | 12:17 pm

How The Pieces Add Up: IUS Targets $31

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itse

Posted on 1 September 2020 | 8:15 am

WESCO International Inc (WCC) Q2 2020 Earnings Call Transcript

Image source: The Motley Fool.

Posted on 13 August 2020 | 7:01 pm

BUZZ-U.S. STOCKS ON THE MOVE-AMC Entertainment, Aspen Tech, Fat Brands

A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US"

Posted on 13 August 2020 | 12:29 pm

Why Shares of Wesco Are Up Today

What happened Shares of Wesco International (NYSE: WCC) climbed 9% higher on Thursday morning, after the electrical component distributor reported better-than-expected quarterly results. The industrial supplier had to juggle a large merger and the impact of COVID-19 but still pr

Posted on 13 August 2020 | 12:04 pm

BUZZ-U.S. STOCKS ON THE MOVE-Fat Brands, Scienjoy Holdings, Adverum Biotech

A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US"

Posted on 13 August 2020 | 10:56 am

Wesco International Inc Q2 adjusted earnings Beat Estimates

(RTTNews) - Below are the earnings highlights for Wesco International Inc (WCC):

Posted on 13 August 2020 | 6:50 am

Wesco International Q2 20 Earnings Conference Call At 10:00 AM ET

(RTTNews) - Wesco International Inc. (WCC) will host a conference call at 10:00 AM ET on August 13, 2020, to discuss Q2 20 earnings results.

Posted on 13 August 2020 | 6:02 am

Validea's Top Five Technology Stocks Based On Benjamin Graham - 8/2/2020

The following are the top rated Technology stocks according to Validea's Value Investor model based on the published strategy of Benjamin Graham. This deep value methodology screens for stocks that have low P/B and P/E ratios, along with low debt and solid long-term earnings g

Posted on 2 August 2020 | 11:00 am

WCC Basic Data

Shares Outstanding 42.68M Shares Float 37.07M
Short Float 6.36% Short(Days to Cover) 3.66
Institution ownership - Inst. 3 month change 6.79%
Insider ownership 0.50% Insider ownership 0.50%
Average Volume 643.31K Average True Range 1.87
Earnings Date Nov 05 BMO Cash Per Share 5.23
EPS 12 mo. Trailing 2.76 RSI 46.61

Trading Halts

WESCO International, Inc. Common Stock (WCC) is trading normally and the last halt was on 03/19/2020 11:25 AM and has been halted 1 times this current year.
Here are the 1 recent halts.
HaltDate Resume Date Reason Code
03/19/2020 11:25 AM 03/19/2020 11:30 AM M

Available to Short

Number of shares available to short and the annual rate it costs to keep it short.
Avail Date Avail. Shares Fee rate in Annual %
10/23/2020 5900000 0.25
10/22/2020 5900000 0.25
10/21/2020 6000000 0.25
10/20/2020 6000000 0.39
10/19/2020 5900000 0.26