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How to buy Encore Wire Corporation stock
Learn how to easily invest in Encore Wire Corporation stock.
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 1,440 staff and has a trailing 12-month revenue of around 0.00.
How to buy shares in Encore Wire Corporation
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – WIRE – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
- WIRE shares summary
- Compare share dealing platforms
- Is WIRE stock a buy or sell?
- Stock performance over time
- Are WIRE shares over-valued?
- Encore Wire Corporation's financials
- How volatile are WIRE shares?
- Does Encore Wire Corporation pay a dividend?
- Have WIRE shares ever split?
- Other common questions
Encore Wire Corporation stock price (NASDAQ: WIRE)Use our graph to track the performance of WIRE stocks over time.
Encore Wire Corporation shares at a glance
|Latest market close||$102.11|
|52-week range||$65.93 - $151.56|
|50-day moving average||$120.12|
|200-day moving average||$120.88|
|Wall St. target price||$178.50|
|Dividend yield||$0.08 (0.08%)|
|Earnings per share (TTM)||$32.19|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy Encore Wire Corporation stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Encore Wire Corporation price performance over time
|1 week (2022-06-23)||-1.42%|
|1 month (2022-05-30)||N/A|
|3 months (2022-03-31)||-10.48%|
|6 months (2022-01-03)||-27.58%|
|1 year (2021-07-02)||35.69%|
|2 years (2020-07-02)||114.56%|
|3 years (2019-07-03)||82.14%|
|5 years (2017-07-03)||135.82%|
Is Encore Wire Corporation stock undervalued or overvalued?
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 P/E ratio
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 3x. In other words, Encore Wire Corporation shares trade at around 3x 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 PEG ratio
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
Encore Wire Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $877.6 million.
The EBITDA is a measure of a Encore Wire Corporation's overall financial performance and is widely used to measure a its profitability.
Encore Wire Corporation financials
|Revenue TTM||$2.9 billion|
|Operating margin TTM||29.72%|
|Gross profit TTM||$867.7 million|
|Return on assets TTM||39.65%|
|Return on equity TTM||56.97%|
|Market capitalisation||$2 billion|
TTM: trailing 12 months
Encore Wire Corporation share dividends
Dividend payout ratio: 0.25% of net profits
Recently Encore Wire Corporation has paid out, on average, around 0.25% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.08% 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 0.08% 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 14 July 2022. The latest dividend was paid out to all shareholders who bought their shares by 29 June 2022 (the "ex-dividend date").
Have Encore Wire Corporation's shares ever split?
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.
Encore Wire Corporation share price volatility
Over the last 12 months, Encore Wire Corporation's shares have ranged in value from as little as $65.9333 up to $151.5631. 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 1.0971. 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 overview
Encore Wire Corporation manufactures and sells electrical building wires and cables for interior electrical wiring in the United States. The company's products include NM-B cables for use as interior wiring in homes, apartments, and manufactured housing; THHN/THWN-2 cables and metal-clad and armored cables for use as wiring in commercial and industrial buildings; UF-B cables; XHHW-2 cables; RHH/RHW-2 cables; USE-2 cables; and other types of wire products. It sells its products to wholesale electrical distributors primarily through independent manufacturers' representatives. Encore Wire Corporation was incorporated in 1989 and is headquartered in McKinney, Texas. .
Encore Wire Corporation in the news
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Frequently asked questionsWhat percentage of Encore Wire Corporation is owned by insiders or institutions?
Currently 3.598% of Encore Wire Corporation shares are held by insiders and 94.524% by institutions. How many people work for Encore Wire Corporation?
Latest data suggests 1,440 work at Encore Wire Corporation. When does the fiscal year end for Encore Wire Corporation?
Encore Wire Corporation's fiscal year ends in December. Where is Encore Wire Corporation based?
Encore Wire Corporation's address is: 1329 Millwood Road, McKinney, TX, United States, 75069 What is Encore Wire Corporation's ISIN number?
Encore Wire Corporation's international securities identification number is: US2925621052 What is Encore Wire Corporation's CUSIP number?
Encore Wire Corporation's Committee on Uniform Securities Identification Procedures number is: 292562105
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