Encore Wire Corporation (WIRE)
Jul 2, 2024 - WIRE was delisted (reason: acquired by Prysmian)
289.84
0.00 (0.00%)
Last trade price

Encore Wire Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Encore Wire stock had an average target of 292.5, with a low estimate of 290 and a high estimate of 295.

Analyst Consensus: Hold
Target Low Average Median High
Price $290 $292.5 $295 $295
Change +0.06% +0.92% +1.78% +1.78%
* Price targets were last updated on Apr 16, 2024.

Analyst Ratings

The average analyst rating for Encore Wire stock from 3 stock analysts was "Hold". This means that analysts believed this stock was likely to perform similarly to the overall market.

Recommendation Trends

Rating Jan '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 000000
Buy 000000
Hold 222333
Sell 000000
Strong Sell 000000
Total 222333

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
CJS Securities
CJS Securities
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Apr 19, 2024
Sidoti & Co.
Sidoti & Co.
Hold
Downgrades
$290
Hold Downgrades $290 +0.06% Apr 16, 2024
DA Davidson
DA Davidson
Hold
Downgrades
$295
Hold Downgrades $295 +1.78% Apr 16, 2024
Sidoti & Co.
Sidoti & Co.
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Jan 21, 2021
Sidoti & Co.
Sidoti & Co.
Strong Buy
Maintains
n/a
Strong Buy Maintains n/a n/a Oct 28, 2020
More Analyst Ratings

Financial Forecast

Revenue This Year
2.73B
from 2.57B
Increased by 6.13%
Revenue Next Year
2.84B
from 2.73B
Increased by 4.18%
EPS This Year
19.29
from 21.62
Decreased by -10.77%
EPS Next Year
20.83
from 19.29
Increased by 7.96%
Year 201920202021202220232024202520262027
Revenue
1.27B1.28B2.59B3.02B2.57B2.73B2.84B3.33B3.66B
Revenue Growth
-1.06%0.15%103.04%16.39%-14.91%6.13%4.18%17.12%10.02%
EPS
2.773.6826.2236.9121.6219.2920.83--
EPS Growth
-25.94%32.85%612.50%40.77%-41.43%-10.77%7.96%--
Forward PE
-----15.0213.92--
No. Analysts -----5533
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 2.9B 3.0B 3.4B 3.8B
Avg 2.7B 2.8B 3.3B 3.7B
Low 2.6B 2.6B 3.2B 3.5B

Revenue Growth

Revenue Growth 2024202520262027
High
11.2%
9.5%
20.6%
13.2%
Avg
6.1%
4.2%
17.1%
10.0%
Low
-0.4%
-3.3%
12.5%
5.7%

EPS Forecast

EPS 20242025
High 22.30 24.62
Avg 19.29 20.83
Low 16.76 16.27

EPS Growth

EPS Growth 20242025
High
3.1%
27.6%
Avg
-10.8%
8.0%
Low
-22.5%
-15.7%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.