Wesco International Inc. (WCC): Today's Featured Wholesale Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

Wesco International ( WCC) pushed the Wholesale industry lower today making it today's featured Wholesale laggard. The industry as a whole closed the day down 0.5%. By the end of trading, Wesco International fell $1.37 (-1.9%) to $72.63 on light volume. Throughout the day, 375,148 shares of Wesco International exchanged hands as compared to its average daily volume of 735,100 shares. The stock ranged in price between $72.35-$74.96 after having opened the day at $74.19 as compared to the previous trading day's close of $74.00. Other companies within the Wholesale industry that declined today were: Lawson Products ( LAWS), down 5.6%, Coast Distribution System ( CRV), down 4.8%, Bluelinx Holdings ( BXC), down 4.0% and Crystal Rock Holdings ( CRVP), down 3.2%.
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WESCO International, Inc. engages in the distribution of electrical, industrial, and communications maintenance, repair, and operating (MRO) products; and original equipment manufacturers products and construction materials. It also provides supply chain management and logistics services. Wesco International has a market cap of $3.3 billion and is part of the services sector. The company has a P/E ratio of 16.4, below the S&P 500 P/E ratio of 17.7. Shares are up 9.7% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Wesco International a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Wesco International as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, increase in stock price during the past year, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the positive front, Susser Petroleum Partners ( SUSP), down 4.8%, Empire Resources Incorporated ( ERS), down 3.3%, Global Partners ( GLP), down 3.2% and Navarre Corporation ( NAVR), down 2.9%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the wholesale industry could consider iShares Dow Jones US Cons Goods ( IYK) while those bearish on the wholesale industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

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