Encore Wire Corporation is an electrical equipment & parts business based in the US. Encore Wire Corporation shares (WIRE) are listed on the NASDAQ and all prices are listed in US Dollars. Encore Wire Corporation employs 1,629 staff and has a trailing 12-month revenue of around $2.5 billion.
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| 52-week range | $181.78 - $295.90 |
|---|---|
| 50-day moving average | $284.81 |
| 200-day moving average | $232.45 |
| Wall St. target price | $290.00 |
| PE ratio | 15.2227 |
| Dividend yield | $0.08 (0.03%) |
| Earnings per share (TTM) | $19.04 |
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Valuing Encore Wire Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Encore Wire Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Encore Wire Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 15x. In other words, Encore Wire Corporation shares trade at around 15x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Encore Wire Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.09. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Encore Wire Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Encore Wire Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $412.8 million.
The EBITDA is a measure of a Encore Wire Corporation's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $2.5 billion |
|---|---|
| Operating margin TTM | 11.84% |
| Gross profit TTM | $1.1 billion |
| Return on assets TTM | 11.76% |
| Return on equity TTM | 17.44% |
| Profit margin | 12.45% |
| Book value | $114.88 |
| Market Capitalization | $4.6 billion |
TTM: trailing 12 months
Dividend payout ratio: 0.62% of net profits
Recently Encore Wire Corporation has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Encore Wire Corporation shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Encore Wire Corporation's case, that would currently equate to about $0.08 per share.
While Encore Wire Corporation's payout ratio might seem low, this can signify that Encore Wire Corporation is investing more in its future growth.
Encore Wire Corporation's most recent dividend payout was on 18 July 2024. The latest dividend was paid out to all shareholders who bought their shares by 4 July 2024 (the "ex-dividend date").
Encore Wire Corporation's shares were split on a 3:2 basis on 16 August 2004 . So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Encore Wire Corporation shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Encore Wire Corporation shares which in turn could have impacted Encore Wire Corporation's share price.
Over the last 12 months, Encore Wire Corporation's shares have ranged in value from as little as $181.7794 up to $295.9. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Encore Wire Corporation's is 1.229. This would suggest that Encore Wire Corporation's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
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. It sells its products to wholesale electrical distributors through independent manufacturers' representatives for residential, commercial, industrial, and renewable energy sectors. Encore Wire Corporation was incorporated in 1989 and is headquartered in McKinney, Texas. As of July 2, 2024, Encore Wire Corporation operates as a subsidiary of Prysmian S. p.
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