Reviewing WESCO International (NYSE:WCC) & NOVONIX (OTCMKTS:NVNXF)

WESCO International (NYSE:WCC) and NOVONIX (OTCMKTS:NVNXF) are both computer and technology companies, but which is the better business? We will contrast the two companies based on the strength of their dividends, valuation, institutional ownership, earnings, profitability, risk and analyst recommendations.

Institutional and Insider Ownership

93.8% of WESCO International shares are held by institutional investors. 3.3% of WESCO International shares are held by company insiders. Comparatively, 6.6% of NOVONIX shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Volatility & Risk

WESCO International has a beta of 1.83, suggesting that its stock price is 83% more volatile than the S&P 500. Comparatively, NOVONIX has a beta of 2.29, suggesting that its stock price is 129% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of current ratings for WESCO International and NOVONIX, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
WESCO International	0	1	7	1	3.00
NOVONIX	0	0	0	0	0.00

WESCO International presently has a consensus price target of $212.63, suggesting a potential upside of 19.28%. Given WESCO International’s stronger consensus rating and higher possible upside, equities research analysts clearly believe WESCO International is more favorable than NOVONIX.

Profitability

This table compares WESCO International and NOVONIX’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
WESCO International	3.30%	13.40%	4.37%
NOVONIX	N/A	N/A	N/A

Valuation & Earnings

This table compares WESCO International and NOVONIX”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
WESCO International	$21.82 billion	0.40	$717.60 million	$13.22	13.48
NOVONIX	$5.85 million	N/A	-$74.82 million	N/A	N/A

WESCO International has higher revenue and earnings than NOVONIX.

Summary

WESCO International beats NOVONIX on 10 of the 12 factors compared between the two stocks.

About WESCO International

WESCO International, Inc. provides business-to-business distribution, logistics services, and supply chain solutions in the United States, Canada, and internationally. It operates through three segments: Electrical & Electronic Solutions (EES), Communications & Security Solutions (CSS), and Utility and Broadband Solutions (UBS). The EES segment supplies products and supply chain solutions, including electrical equipment and supplies, automation and connected devices, security, lighting, wire and cable, and safety, as well as maintenance, repair, and operating (MRO) products. This segment also offers contractor solutions, direct and indirect manufacturing supply chain optimization programs, lighting and renewables advisory services, and digital and automation solutions. The CSS segment operates in the network infrastructure and security markets. This segment sells products directly to end-users or through various channels, including data communications contractors, security, network, professional audio/visual, and systems integrators. It also provides safety and energy management solutions. The UBS segment offers products and services to investor-owned utilities; public power companies; and service and wireless providers, broadband operators, and contractors. This segment's products include wire and cables, transformers, transmission and distribution hardware, switches, protective devices, connectors, conduits, pole line hardware, racks, cabinets, safety and MRO products, and point-to-point wireless devices. This segment also offers various service solutions, including fiber project management, high and medium voltage project design and support, pre-wired meters and capacitor banks, meter testing and metering infrastructure installation, personal protective equipment dielectric testing, and tool repair, as well as emergency response, storage yard, materials, and logistics management. The company was founded in 1922 and is headquartered in Pittsburgh, Pennsylvania.

About NOVONIX

NOVONIX Limited provides battery materials and development technology for battery manufacturers, materials companies, automotive original equipment manufacturers (OEMs), and consumer electronics manufacturers in North America, Asia, Australia, and Europe. It operates through Battery Materials and Battery Technology segments. The Battery Materials segment develops and manufactures battery anode materials. The Battery Technology segment develops battery cell testing equipment, performs consulting services, and carries out research and development in battery development. The company is involved in the investment and real estate borrowing activities; and offers battery technology, battery testing hardware equipment, and battery testing and development consulting services. The company was formerly known as Graphitecorp Limited and changed its name to NOVONIX Limited in July 2017. NOVONIX Limited was incorporated in 2012 and is based in Brisbane, Australia.