Encore Wire Corporation (WIRE): Price and Financial Metrics

Encore Wire Corporation (WIRE): $237.15

6.94 (+3.01%)

POWR Rating

Component Grades

Momentum

F

Stability

C

Sentiment

Quality

B

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Industry: Technology - Electronics

Industry

C

Ranked

#17 of 41

in industry

WIRE Price/Volume Stats

Current price $237.15 52-week high $237.51
Prev. close $230.21 52-week low $138.20
Day low $228.90 Volume 171,000
Day high $237.51 Avg. volume 167,163
50-day MA $211.41 Dividend yield 0.04%
200-day MA $183.07 Market Cap 3.74B

WIRE Stock Price Chart Interactive Chart >

WIRE POWR Grades

  • WIRE scores best on the Quality dimension, with a Quality rank ahead of 91.11% of US stocks.
  • WIRE's strongest trending metric is Value; it's been moving down over the last 26 weeks.
  • WIRE's current lowest rank is in the Momentum metric (where it is better than 2.62% of US stocks).

WIRE Stock Summary

  • WIRE's current price/earnings ratio is 7.36, which is higher than only 10.68% of US stocks with positive earnings.
  • The ratio of debt to operating expenses for ENCORE WIRE CORP is higher than it is for about just 0.22% of US stocks.
  • Equity multiplier, or assets relative to shareholders' equity, comes in at 1.11 for ENCORE WIRE CORP; that's greater than it is for only 9.63% of US stocks.
  • Stocks with similar financial metrics, market capitalization, and price volatility to ENCORE WIRE CORP are AGX, CMC, IIIN, CMT, and PRPO.
  • Visit WIRE's SEC page to see the company's official filings. To visit the company's web site, go to www.encorewire.com.

WIRE Valuation Summary

  • In comparison to the median Industrials stock, WIRE's price/earnings ratio is 67.7% lower, now standing at 7.3.
  • WIRE's price/earnings ratio has moved down 27.3 over the prior 243 months.

Below are key valuation metrics over time for WIRE.

Stock Date P/S P/B P/E EV/EBIT
WIRE 2023-12-29 1.3 1.9 7.3 4.7
WIRE 2023-12-28 1.3 1.9 7.3 4.7
WIRE 2023-12-27 1.3 1.9 7.4 4.7
WIRE 2023-12-26 1.3 1.9 7.4 4.7
WIRE 2023-12-22 1.3 1.9 7.3 4.7
WIRE 2023-12-21 1.3 1.9 7.4 4.8

WIRE Growth Metrics

    Its year over year price growth rate is now at 45.91%.
  • Its 2 year revenue growth rate is now at 127.35%.
  • The 3 year price growth rate now stands at 99.05%.
WIRE's revenue has moved up $1,754,474,000 over the prior 34 months.

The table below shows WIRE's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-12-31 3,017.555 688.883 717.841
2022-09-30 3,011.522 653.807 705.484
2022-06-30 2,965.479 622.368 689.249
2022-03-31 2,871.652 536.97 661.764
2021-12-31 2,592.721 418.418 541.422
2021-09-30 2,285.691 233.866 423.88

WIRE's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • WIRE has a Quality Grade of C, ranking ahead of 73.7% of graded US stocks.
  • WIRE's asset turnover comes in at 1.96 -- ranking 2nd of 40 Steel Works Etc stocks.
  • MLI, STLD, and MATW are the stocks whose asset turnover ratios are most correlated with WIRE.

The table below shows WIRE's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-09-30 1.960 0.302 0.658
2021-06-30 1.813 0.248 0.462
2021-03-31 1.484 0.164 0.193
2020-12-31 1.396 0.152 0.158
2020-09-30 1.341 0.143 0.137
2020-06-30 1.347 0.136 0.129

WIRE Price Target

For more insight on analysts targets of WIRE, see our WIRE price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $112.50 Average Broker Recommendation 1.25 (Strong Buy)

Encore Wire Corporation (WIRE) Company Bio


Encore Wire Corporation is a manufacturer of a broad range of electrical building wire for interior wiring in commercial and industrial buildings, homes, apartments, and manufactured housing. The company was founded in 1989 and is based in McKinney, Texas.


WIRE Latest News Stream


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Latest WIRE News From Around the Web

Below are the latest news stories about ENCORE WIRE CORP that investors may wish to consider to help them evaluate WIRE as an investment opportunity.

Encore Wire (WIRE) Stock Dips While Market Gains: Key Facts

Encore Wire (WIRE) reachead $214.83 at the closing of the latest trading day, reflecting a -0.08% change compared to its last close.

Yahoo | December 27, 2023

Encore Wire (WIRE) Stock Moves -0.44%: What You Should Know

Encore Wire (WIRE) concluded the recent trading session at $214.95, signifying a -0.44% move from its prior day's close.

Yahoo | December 20, 2023

Sidoti Events, LLC's Virtual December Small-Cap Conference

NEW YORK, NY / ACCESSWIRE / December 5, 2023 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day December Small-Cap Conference taking place Wednesday and Thursday, December ...

Yahoo | December 5, 2023

Encore Wire Announces Cash Dividend

MCKINNEY, Texas, November 07, 2023--Encore Wire Corporation (NASDAQ Global Select: WIRE) announced today that the Company’s Board of Directors has declared a cash dividend.

Yahoo | November 7, 2023

The Encore Wire Corp (WIRE) Company: A Short SWOT Analysis

Unveiling the Strengths, Weaknesses, Opportunities, and Threats of Encore Wire Corp (WIRE) Amidst a Competitive Landscape

Yahoo | October 30, 2023

Read More 'WIRE' Stories Here

WIRE Price Returns

1-mo 11.22%
3-mo 27.28%
6-mo 43.78%
1-year 42.08%
3-year 268.99%
5-year 348.14%
YTD 11.04%
2023 55.35%
2022 -3.81%
2021 136.44%
2020 5.74%
2019 14.55%

WIRE Dividends

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Continue Researching WIRE

Here are a few links from around the web to help you further your research on Encore Wire Corp's stock as an investment opportunity:

Encore Wire Corp (WIRE) Stock Price | Nasdaq
Encore Wire Corp (WIRE) Stock Quote, History and News - Yahoo Finance
Encore Wire Corp (WIRE) Stock Price and Basic Information | MarketWatch

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