WIRE Stock Overview
Encore Wire Corporation engages in manufacture and sale of electrical building wires and cables in the United States.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Encore Wire Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$283.60 |
| 52 Week High | US$295.90 |
| 52 Week Low | US$138.20 |
| Beta | 1.31 |
| 1 Month Change | 15.74% |
| 3 Month Change | 29.42% |
| 1 Year Change | 94.58% |
| 3 Year Change | 273.50% |
| 5 Year Change | 411.73% |
| Change since IPO | 10,109.59% |
Recent News & Updates
Encore Wire Merger Presents Interesting Proposition
Apr 16At US$262, Is It Time To Put Encore Wire Corporation (NASDAQ:WIRE) On Your Watch List?
Apr 03
Encore Wire: Raising My Price Target To $300, As The Shorts Are Trapped
Feb 28Recent updates
Encore Wire Merger Presents Interesting Proposition
Apr 16At US$262, Is It Time To Put Encore Wire Corporation (NASDAQ:WIRE) On Your Watch List?
Apr 03Encore Wire: Raising My Price Target To $300, As The Shorts Are Trapped
Feb 28Encore Wire: Good Business, But No Longer A Value Play (Rating Downgrade)
Feb 19Encore Wire Corporation's (NASDAQ:WIRE) Shares Lagging The Market But So Is The Business
Jan 05At US$210, Is Encore Wire Corporation (NASDAQ:WIRE) Worth Looking At Closely?
Dec 15Encore Wire (NASDAQ:WIRE) Could Become A Multi-Bagger
Nov 08An Intrinsic Calculation For Encore Wire Corporation (NASDAQ:WIRE) Suggests It's 28% Undervalued
Oct 05Is Now An Opportune Moment To Examine Encore Wire Corporation (NASDAQ:WIRE)?
Aug 29We Think Encore Wire (NASDAQ:WIRE) Might Have The DNA Of A Multi-Bagger
Jun 27Why Encore Wire Corporation (NASDAQ:WIRE) Could Be Worth Watching
May 17Estimating The Fair Value Of Encore Wire Corporation (NASDAQ:WIRE)
Apr 23Why We Like The Returns At Encore Wire (NASDAQ:WIRE)
Mar 24New Forecasts: Here's What Analysts Think The Future Holds For Encore Wire Corporation (NASDAQ:WIRE)
Feb 18What Does Encore Wire Corporation's (NASDAQ:WIRE) Share Price Indicate?
Feb 15We Ran A Stock Scan For Earnings Growth And Encore Wire (NASDAQ:WIRE) Passed With Ease
Jan 24Why Encore Wire Corporation (NASDAQ:WIRE) Could Be Worth Watching
Nov 17Do Encore Wire's (NASDAQ:WIRE) Earnings Warrant Your Attention?
Oct 24Encore Wire Corporation: Still Extremely Undervalued
Oct 04Encore Wire: Copper Prices Will Remain Elevated Despite The Fed's Best Efforts
Sep 15At US$131, Is It Time To Put Encore Wire Corporation (NASDAQ:WIRE) On Your Watch List?
Aug 16Encore Wire: Ride The Energy Transition With A Boring Business
Aug 10Is Now The Time To Put Encore Wire (NASDAQ:WIRE) On Your Watchlist?
Jul 26Encore Wire Still Unappreciated After Major 2021 Earnings
Jul 23Encore Wire Looks Like It Is Only Getting Started
May 13I Ran A Stock Scan For Earnings Growth And Encore Wire (NASDAQ:WIRE) Passed With Ease
Apr 19Is It Time To Consider Buying Encore Wire Corporation (NASDAQ:WIRE)?
Mar 21Encore Wire: Adequate Value Despite Expected Cash Flow Declines
Feb 24Encore Wire (NASDAQ:WIRE) Is Very Good At Capital Allocation
Jan 14If You Like EPS Growth Then Check Out Encore Wire (NASDAQ:WIRE) Before It's Too Late
Dec 15Encore Wire: Amazing Operating Cash Flow Growth
Dec 14A Look At The Intrinsic Value Of Encore Wire Corporation (NASDAQ:WIRE)
Nov 29At US$142, Is Encore Wire Corporation (NASDAQ:WIRE) Worth Looking At Closely?
Nov 12Encore Wire: Exciting Profit From Boring Business
Sep 24Is Now The Time To Put Encore Wire (NASDAQ:WIRE) On Your Watchlist?
Aug 19Encore Wire Setting New Records On The Back Of Exceptional Copper Spreads
Aug 17Analysts Just Shipped A Sizeable Upgrade To Their Encore Wire Corporation (NASDAQ:WIRE) Estimates
Jul 30Shareholder Returns
| WIRE | US Electrical | US Market | |
|---|---|---|---|
| 7D | -1.3% | 1.1% | 1.2% |
| 1Y | 94.6% | 34.9% | 24.7% |
Return vs Industry: WIRE exceeded the US Electrical industry which returned 28.8% over the past year.
Return vs Market: WIRE exceeded the US Market which returned 19.3% over the past year.
Price Volatility
| WIRE volatility | |
|---|---|
| WIRE Average Weekly Movement | 5.8% |
| Electrical Industry Average Movement | 9.4% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: WIRE's share price has been volatile over the past 3 months.
Volatility Over Time: WIRE's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1989 | 1,629 | Daniel Jones | www.encorewire.com |
Encore Wire Corporation engages in manufacture and sale of electrical building wires and cables in the United States. It offers NM-B cables, UF-B cables, THHN/THWN-2, XHHW-2, USE-2, RHH/RHW-2, and other types of wire products, including SEU, SER, photovoltaic, URD, tray cables, metal-clads, and armored cables. The company’s products are used to distribute power from the transmission grid to the wall outlet or switch.
Encore Wire Corporation Fundamentals Summary
| WIRE fundamental statistics | |
|---|---|
| Market cap | US$4.48b |
| Earnings (TTM) | US$372.40m |
| Revenue (TTM) | US$2.57b |
12.0x
P/E Ratio1.7x
P/S RatioIs WIRE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WIRE income statement (TTM) | |
|---|---|
| Revenue | US$2.57b |
| Cost of Revenue | US$1.91b |
| Gross Profit | US$655.88m |
| Other Expenses | US$283.48m |
| Earnings | US$372.40m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 23.59 |
| Gross Margin | 25.54% |
| Net Profit Margin | 14.50% |
| Debt/Equity Ratio | 0% |
How did WIRE perform over the long term?
See historical performance and comparison