Anixter and Google Finance
Anixter International Inc., now part of WESCO International, was a leading global distributor of network and security solutions, electrical and electronic solutions, and utility power solutions. While Anixter no longer exists as a publicly traded entity, its historical stock performance can still be accessed through platforms like Google Finance.
Google Finance served as a valuable tool for investors interested in tracking Anixter’s stock (AXE) prior to its acquisition. It provided a comprehensive overview of the company’s financial data, including:
- Stock Price: Real-time and historical stock prices, allowing investors to monitor price fluctuations and identify trends. The platform offered customizable charts displaying price movements over various periods (daily, weekly, monthly, yearly).
- Financial Statements: Access to Anixter’s income statements, balance sheets, and cash flow statements. This data was crucial for conducting fundamental analysis and assessing the company’s financial health and performance.
- Key Ratios: Important financial ratios like price-to-earnings (P/E), earnings per share (EPS), and debt-to-equity ratio, which aided in comparing Anixter to its competitors and assessing its valuation.
- News and Analysis: Aggregated news articles and analyst ratings related to Anixter. This information provided insights into market sentiment, potential risks, and opportunities associated with the stock.
- Historical Data: Extensive historical data on stock prices, dividends, and stock splits, enabling investors to perform in-depth historical analysis and understand the company’s past performance.
Using Google Finance, investors could:
- Track Anixter’s stock performance against industry benchmarks or competitor stocks.
- Set up alerts to receive notifications when the stock price reached a specific level.
- Create portfolios to monitor their investments and track overall performance.
- Research the company’s financial history and understand its business model.
Anixter’s Acquisition by WESCO:
It’s important to remember that Anixter International was acquired by WESCO International in June 2020. Consequently, Anixter’s stock (AXE) is no longer actively traded. However, Google Finance retains historical data on Anixter, which can still be valuable for research purposes, particularly for understanding market dynamics and evaluating the performance of similar companies. Researchers can analyze past trading patterns, evaluate the impact of specific events on the stock price, and compare Anixter’s historical performance with WESCO’s after the acquisition.
While investors can no longer invest directly in Anixter stock, they can invest in WESCO International (WCC), which now encompasses Anixter’s operations. Google Finance provides similar information for WESCO, allowing investors to track its stock performance and financial health.
In conclusion, while Anixter is no longer a standalone publicly traded company, its historical stock data on platforms like Google Finance remains a valuable resource for researchers, investors, and analysts. It provides insights into the company’s past performance and contributes to a broader understanding of the distribution industry.