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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

Stock Price Chart

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

Year2019201820172016201520142013201220112010
Revenue1,2751,2891,1649411,0181,1671,1581,0721,180910
Revenue Growth-1.06%10.69%23.75%-7.55%-12.8%0.75%8.01%-9.16%29.69%-
Gross Profit16619015612013712513590.3314182.41
Operating Income71.5399.5179.4550.7772.2356.1070.6229.3576.2825.34
Net Income58.1378.1567.0233.8447.6137.1246.9119.8150.1315.29
Shares Outstanding20.9020.8520.7720.7020.7120.7120.6821.6823.3023.18
Earnings Per Share2.773.743.211.632.291.782.270.912.150.66
EPS Growth-25.94%16.51%96.93%-28.82%28.65%-21.59%149.45%-57.67%225.76%-
Dividend Per Share0.080.080.080.080.060.080.100.080.080.08
Dividend Growth0%0%0%33.33%-25%-20%25%0%0%-
Operating Cash Flow10681.5948.0158.5670.7763.1247.2230.0626.172.44
Capital Expenditures-52.48-26.18-21.75-45.37-43.71-44.27-44.51-40.30-25.01-21.72
Free Cash Flow53.6455.4126.2613.1927.0618.852.71-10.241.16-19.27
Cash & Equivalents23117812395.7579.1554.6636.7833.88112103
Net Cash / Debt23117812395.7579.1554.6636.7833.88112103
Assets883818734658628573526472516477
Liabilities10497.6092.6384.8689.4879.5669.2562.3058.4069.90
Book Value779720641573539493457410458407
Numbers in millions USD, except per-share numbers.

Company Profile

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.