EPS for Encore Wire Corporation (WIRE) Expected At $0.65

July 18, 2017 - By Adrian Erickson

 EPS for Encore Wire Corporation (WIRE) Expected At $0.65
Investors sentiment increased to 0.94 in Q4 2016. Its up 0.06, from 0.88 in 2016Q3. It improved, as 19 investors sold Encore Wire Corporation shares while 43 reduced holdings. 14 funds opened positions while 44 raised stakes. 18.59 million shares or 2.38% more from 18.15 million shares in 2016Q3 were reported.
Cim Investment Mangement reported 6,596 shares. First Dallas Securities Inc owns 7,201 shares. Teachers Retirement Of The State Of Kentucky has invested 0% in Encore Wire Corporation (NASDAQ:WIRE). The Texas-based Texas Permanent School Fund has invested 0.01% in Encore Wire Corporation (NASDAQ:WIRE). Tfs Cap Ltd Company accumulated 0.12% or 10,522 shares. 13,591 were reported by Deutsche Commercial Bank Ag. 1.67M are owned by Blackrock Fund Advsr. Rhumbline Advisers reported 0% stake. Svcs Automobile Association holds 0.01% or 100,100 shares in its portfolio. Parametric Port Ltd Liability Company holds 33,778 shares. Forest Hill Lc invested 0.94% in Encore Wire Corporation (NASDAQ:WIRE). Thrivent Financial For Lutherans accumulated 243,320 shares or 0.05% of the stock. Public Sector Pension Board invested in 14,236 shares. Barrow Hanley Mewhinney & Strauss Limited Company owns 1.22 million shares. Tower Lc (Trc) reported 304 shares or 0% of all its holdings.

Since February 17, 2017, it had 0 buys, and 1 insider sale for $1.34 million activity. BILBAN FRANK J had sold 27,500 shares worth $1.34M on Friday, February 17.

Analysts expect Encore Wire Corporation (NASDAQ:WIRE) to report $0.65 EPS on July, 26.They anticipate $0.27 EPS change or 71.05 % from last quarter’s $0.38 EPS. WIRE’s profit would be $13.58M giving it 16.44 P/E if the $0.65 EPS is correct. After having $0.65 EPS previously, Encore Wire Corporation’s analysts see 0.00 % EPS growth. The stock increased 0.59% or $0.25 during the last trading session, reaching $42.75. About 65,155 shares traded or 4.05% up from the average. Encore Wire Corporation (NASDAQ:WIRE) has risen 14.61% since July 18, 2016 and is uptrending. It has underperformed by 2.09% the S&P500.

Encore Wire Corporation (NASDAQ:WIRE) Ratings Coverage

Among 2 analysts covering Encore Wire (NASDAQ:WIRE), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Encore Wire had 3 analyst reports since August 18, 2015 according to SRatingsIntel. The stock of Encore Wire Corporation (NASDAQ:WIRE) earned “Buy” rating by Singular Research on Tuesday, May 31.

Encore Wire Corporation is a manufacturer of electrical building wire and cable. The company has market cap of $893.31 million. The Firm is a supplier of building wire for interior electrical wiring in commercial and industrial buildings, homes, apartments, and manufactured housing. It has a 22.88 P/E ratio. The Firm makes electric building wire, principally NM-B cable, for use primarily as interior wiring in homes, apartments and manufactured housing, and THHN/THWN-2 cable and metal-clad and armored cable for use primarily as wiring in commercial and industrial buildings.

More notable recent Encore Wire Corporation (NASDAQ:WIRE) news were published by: Nasdaq.com which released: “Ex-Dividend Reminder: Raven Industries, Encore Wire Corp. and Monsanto” on July 03, 2017, also Seekingalpha.com with their article: “Encore Wire’s (WIRE) CEO Daniel Jones on Q4 2016 Results – Earnings Call …” published on February 17, 2017, Seekingalpha.com published: “Encore Wire’s (WIRE) CEO Daniel Jones on Q1 2017 Results – Earnings Call …” on May 03, 2017. More interesting news about Encore Wire Corporation (NASDAQ:WIRE) were released by: Seekingalpha.com and their article: “Encore Wire’s LIFO Accounting Could Lead To A Big Miss On Q4 Report” published on January 07, 2017 as well as Zacks.com‘s news article titled: “Why Encore Wire (WIRE) Stock Might be a Great Pick March 02, 2017” with publication date: March 02, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.