/WIRE

WIRE Stock - Encore Wire Corporation

Q: What is the analyst price target for WIRE?

Analyst price target information is not currently available for WIRE.

Q: What is WIRE's market cap?

Market capitalization information is not currently available for WIRE.

Industrials|Electrical Equipment & Parts|NASDAQ

$289.84+0.00%

+$0.01 (+0.00%) • Jul 1

GoAI Score

Weighted average: Momentum (25%) + Sentiment (35%) + Risk (20%) + Value (20%). ≥70 = BUY, ≤35 = SELL.

HOLD

Medium Confidence

Momentum

Momentum Score

Based on price vs 50-day MA (40%), 200-day MA (40%), and MA crossover (20%). Higher = stronger uptrend.

Sentiment

Sentiment Score

Based on analyst price target upside. 50 = neutral, 100 = very bullish (25%+ upside expected).

Risk Score

Based on stock beta (volatility). Higher score = lower risk. Red (<40) = high volatility, Green (>60) = stable.

Price Target

Average analyst price target from the last quarter. Shows expected upside/downside from current price.

+1.8%upside

Target: $295.06

AI Analysis PreviewPremium

Real-time AI-powered market analysis

Precise entry/exit price targets

Risk assessment & position sizing

Unlock GoAI Insights for WIRE

Get institutional-grade AI analysis, real-time signals, and deep market intelligence powered by advanced machine learning.

Buy/Sell Signals

94% win rate on Alpha signals

Deep Analysis

Institutional-grade thesis

Real-Time Alerts

SMS & push notifications

Risk Scoring

Multi-factor analysis

Free 14-day trial • No credit card required

Financial Statements

Revenue & Profitability Trend

FY2019

FY2020

FY2021

FY2022

FY2023

← Swipe to see more →

Revenue

Net Income (Profit)

Net Loss

Key Metrics

Market CapN/A

P/E RatioN/A

Beta1.23

52W High$295.90

52W Low$150.51

Avg VolumeN/A

Income Statement (Fiscal Year)

Metric	FY2023	FY2022	FY2021	FY2020	FY2019
Revenue	$2.57B	$3.02B	$2.59B	$1.28B	$1.27B
Gross Profit	$655.88M	$1.11B	$867.75M	$194.53M	$165.97M
Gross Margin	25.5%	36.9%	33.5%	15.2%	13.0%
Operating Income	$451.37M	$915.00M	$699.20M	$97.53M	$53.82M
Net Income	$372.40M	$717.84M	$541.42M	$76.07M	$58.13M
Net Margin	14.5%	23.8%	20.9%	6.0%	4.6%
EPS	$22.07	$37.47	$26.49	$3.69	$2.78

Company 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.

Visit Website

Rating Distribution

Strong Buy

Buy / Outperform

100%

Hold / Neutral

Sell / Underperform

Analyst Consensus🟢 Bullish

1 Bullish0 Neutral/Bearish

Price Targets

$235

Average Target

↓ 18.9% Downside

Now

$235

Low

$235

Average

$235

High

Based on 1 analyst

Recent Analyst Actions

Date	Firm	Action	Rating	Price Target
October 11th 2023	CJS Securities	Initiation	Market Outperform	$235

Earnings History & Surprises

WIRE

Beat Rate

80%

Last 20 quarters

Avg Surprise

+76.2%

EPS vs Estimate

Beats / Misses

16/4

Last 12 quarters

Latest EPS

$6.01

Q3 2024

EPS Surprise History

Q4 22

+46.4%

$9.97vs$6.81

Q1 23

+42.0%

$8.28vs$5.83

Q2 23

+12.8%

$6.50vs$5.76

Q3 23

-7.3%

$6.01vs$6.48

Q4 23

+3.4%

$4.82vs$4.66

Q1 24

+2.0%

$4.10vs$4.02

Q2 24

+5.7%

$3.92vs$3.71

Q3 24

+44.8%

$6.01vs$4.15

Beat Estimate

Missed Estimate

Quarterly EPS Details

Period	Report Date	Estimated EPS	Actual EPS	Surprise	Result
Q3 2024	Jul 23, 2024	$4.15	$6.01	+44.8%	✓ BEAT
Q2 2024	Apr 23, 2024	$3.71	$3.92	+5.7%	✓ BEAT
Q1 2024	Feb 13, 2024	$4.02	$4.10	+2.0%	✓ BEAT
Q4 2023	Oct 24, 2023	$4.66	$4.82	+3.4%	✓ BEAT
Q3 2023	Jul 25, 2023	$6.48	$6.01	-7.3%	✗ MISS
Q2 2023	Apr 25, 2023	$5.76	$6.50	+12.8%	✓ BEAT
Q1 2023	Feb 14, 2023	$5.83	$8.28	+42.0%	✓ BEAT
Q4 2022	Oct 25, 2022	$6.81	$9.97	+46.4%	✓ BEAT
Q3 2022	Jul 25, 2022	$5.14	$10.71	+108.4%	✓ BEAT
Q2 2022	Apr 28, 2022	$2.94	$7.96	+170.7%	✓ BEAT
Q1 2022	Feb 15, 2022	$3.17	$6.91	+118.0%	✓ BEAT
Q4 2021	Oct 26, 2021	$2.92	$8.51	+191.4%	✓ BEAT
Q3 2021	Jul 27, 2021	$1.38	$8.82	+539.1%	✓ BEAT
Q2 2021	Apr 26, 2021	$0.87	$1.99	+128.7%	✓ BEAT
Q1 2021	Feb 16, 2021	$0.68	$1.17	+72.1%	✓ BEAT
Q4 2020	Oct 27, 2020	$0.75	$1.02	+36.0%	✓ BEAT
Q3 2020	Jul 29, 2020	$0.70	$0.60	-14.3%	✗ MISS
Q2 2020	Apr 28, 2020	$0.48	$0.89	+85.4%	✓ BEAT
Q1 2020	Feb 18, 2020	$0.82	$0.50	-39.0%	✗ MISS
Q4 2019	Oct 28, 2019	$1.01	$0.78	-22.8%	✗ MISS

Frequently Asked Questions about WIRE

What is WIRE's current stock price?

Encore Wire Corporation (WIRE) is currently trading at $289.84 per share. The stock has moved +0.00% today.

What is the analyst price target for WIRE?

The average analyst price target for WIRE is $295.00, based on 1 analyst.

What sector is Encore Wire Corporation in?

Encore Wire Corporation operates in the Industrials sector, specifically within the Electrical Equipment & Parts industry. The company is traded on the NASDAQ exchange.

What is WIRE's market cap?

Encore Wire Corporation has a market capitalization of $4.58 billion, making it a mid-cap company.

Does WIRE pay dividends?

No, Encore Wire Corporation does not currently pay a dividend to shareholders.