Encore Wire Corporation (WIRE)
Stock Price:
$50.19 USD
0.66 (1.33%)
Updated Jul 31, 2020 4:00 PM EDT - Market closed
After-hours: $50.19 +0.00 (0.00%) Jul 31, 4:00 PM
Key Info
| Market Cap |
1.03B |
| Revenue (ttm) |
1.18B |
| Net Income (ttm) |
57.89M |
| Shares Out |
20.56M |
| EPS (ttm) |
2.78 |
| PE Ratio |
18.05 |
| Forward PE |
n/a |
| Dividend |
$0.08 |
| Dividend Yield |
0.16% |
Stock Quote
| Trading Day |
Jul 31, 2020 |
| Last Price |
$50.19 |
| Previous Close |
$49.53 |
| Change ($) |
0.66 |
| Change (%) |
1.33% |
| Day's Open |
49.70 |
| Day's Range |
48.58 - 50.28 |
| Day's Volume |
117,054 |
| 52-Week Range |
38.01 - 62.08 |
More Stats
| Market Cap |
1.03B |
| Enterprise Value |
781.38M |
| Earnings Date (est) |
Nov 3, 2020 |
| Ex-Dividend Date |
Jul 1, 2020 |
| Shares Outstanding |
20.56M |
| Float |
20.10M |
| EPS (basic) |
2.77 |
| EPS (diluted) |
2.78 |
| FCF / Share |
4.17 |
| Dividend |
$0.08 |
| Dividend Yield |
0.16% |
| Earnings Yield |
5.54% |
| FCF Yield |
8.27% |
| Payout Ratio |
2.90% |
| Shares Short |
198,881 |
| Short Ratio |
2.65 |
| Short % of Float |
1.64% |
| Beta |
1.20 |
| PE Ratio |
18.05 |
| Forward PE |
n/a |
| P/FCF Ratio |
12.09 |
| PS Ratio |
0.87 |
| PB Ratio |
1.31 |
| Revenue |
1.18B |
| Operating Income |
72.36M |
| Net Income |
57.89M |
| Free Cash Flow |
85.36M |
| Net Cash |
250.38M |
| Net Cash / Share |
12.18 |
| Gross Margin |
14.07% |
| Operating Margin |
6.13% |
| Profit Margin |
4.90% |
| FCF Margin |
7.23% |
| ROA |
5.20% |
| ROE |
7.50% |
| ROIC |
12.90% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (2)
| Buy |
1 |
| Overweight |
0 |
| Hold |
1 |
| Underweight |
0 |
| Sell |
0 |
Analyst Consensus: Overweight
Price Target
$57.50*
(14.56% upside)
Low
57.0
Current: $50.19
High
58.0
Target: 57.50
*Average 12-month price target from 2 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 1,275 | 1,289 | 1,164 | 941 | 1,018 | 1,167 | 1,158 | 1,072 | 1,180 | 910 |
| Revenue Growth | -1.06% | 10.69% | 23.75% | -7.55% | -12.8% | 0.75% | 8.01% | -9.16% | 29.69% | - |
| Gross Profit | 166 | 190 | 156 | 120 | 137 | 125 | 135 | 90.33 | 141 | 82.41 |
| Operating Income | 71.53 | 99.51 | 79.45 | 50.77 | 72.23 | 56.10 | 70.62 | 29.35 | 76.28 | 25.34 |
| Net Income | 58.13 | 78.15 | 67.02 | 33.84 | 47.61 | 37.12 | 46.91 | 19.81 | 50.13 | 15.29 |
| Shares Outstanding | 20.90 | 20.85 | 20.77 | 20.70 | 20.71 | 20.71 | 20.68 | 21.68 | 23.30 | 23.18 |
| Earnings Per Share | 2.77 | 3.74 | 3.21 | 1.63 | 2.29 | 1.78 | 2.27 | 0.91 | 2.15 | 0.66 |
| EPS Growth | -25.94% | 16.51% | 96.93% | -28.82% | 28.65% | -21.59% | 149.45% | -57.67% | 225.76% | - |
| Dividend Per Share | 0.08 | 0.08 | 0.08 | 0.08 | 0.06 | 0.08 | 0.10 | 0.08 | 0.08 | 0.08 |
| Dividend Growth | 0% | 0% | 0% | 33.33% | -25% | -20% | 25% | 0% | 0% | - |
| Operating Cash Flow | 106 | 81.59 | 48.01 | 58.56 | 70.77 | 63.12 | 47.22 | 30.06 | 26.17 | 2.44 |
| Capital Expenditures | -52.48 | -26.18 | -21.75 | -45.37 | -43.71 | -44.27 | -44.51 | -40.30 | -25.01 | -21.72 |
| Free Cash Flow | 53.64 | 55.41 | 26.26 | 13.19 | 27.06 | 18.85 | 2.71 | -10.24 | 1.16 | -19.27 |
| Cash & Equivalents | 231 | 178 | 123 | 95.75 | 79.15 | 54.66 | 36.78 | 33.88 | 112 | 103 |
| Net Cash / Debt | 231 | 178 | 123 | 95.75 | 79.15 | 54.66 | 36.78 | 33.88 | 112 | 103 |
| Assets | 883 | 818 | 734 | 658 | 628 | 573 | 526 | 472 | 516 | 477 |
| Liabilities | 104 | 97.60 | 92.63 | 84.86 | 89.48 | 79.56 | 69.25 | 62.30 | 58.40 | 69.90 |
| Book Value | 779 | 720 | 641 | 573 | 539 | 493 | 457 | 410 | 458 | 407 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Encore Wire Corporation |
| Country |
United States |
| Employees |
1,380 |
| CEO |
Daniel L. Jones |
Stock Information
| Ticker Symbol |
WIRE |
| Stock Exchange |
NASDAQ |
| Sector |
Industrials |
| Industry |
Electrical Equipment & Parts |
| Unique Identifier |
NASDAQ: WIRE |
| IPO Date |
July 16, 1992 |
Description
Encore Wire Corporation manufactures and sells electrical building wires and cables for interior electrical wiring in the United States. Its products include NM-B cables for use as interior wiring in homes, apartments, and manufactured housing; THHN/THWN-2 cables that are metal-clad and armored cables for use as wiring in commercial and industrial buildings; UF-B cables; XHHW-2 cables; RHH/RHW-2 cables; and other types of wire products. The company sells its products to wholesale electrical distributors primarily through independent manufacturers' representatives. Encore Wire Corporation was founded in 1989 and is headquartered in McKinney, Texas.