Encore wire corp stock free#

Since 1988 it has more than doubled the S&P 500 with an average gain of +24.26% per year. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. and Morningstar, Inc.Ĭopyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606Īt the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors.

Forbes Media, LLC Investor's Business Daily, Inc. Each of the company logos represented herein are trademarks of Microsoft Corporation Dow Jones & Company Nasdaq, Inc. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Make sure to utilize to follow all of these stock-moving metrics, and more, in the coming trading sessions. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. This industry currently has a Zacks Industry Rank of 114, which puts it in the top 46% of all 250+ industries. The Wire and Cable Products industry is part of the Industrial Products sector. This represents a discount compared to its industry's average Forward P/E of 8.53. Looking at its valuation, Encore Wire is holding a Forward P/E ratio of 7.83. Encore Wire is currently sporting a Zacks Rank of #3 (Hold). Over the past month, the Zacks Consensus EPS estimate remained stagnant. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Our system takes these estimate changes into account and delivers a clear, actionable rating model. We developed the Zacks Rank to capitalize on this phenomenon. Our research shows that these estimate changes are directly correlated with near-term stock prices. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook. These revisions typically reflect the latest short-term business trends, which can change frequently. The company is expected to report EPS of $6.55, down 38.84% from the prior-year quarter.Īny recent changes to analyst estimates for Encore Wire should also be noted by investors. This has lagged the Industrial Products sector's gain of 6.85% and the S&P 500's gain of 3.18% in that time.Įncore Wire will be looking to display strength as it nears its next earnings release. Prior to today's trading, shares of the copper wire maker had lost 2.84% over the past month. Elsewhere, the Dow gained 0.14%, while the tech-heavy Nasdaq added 5.61%. The stock lagged the S&P 500's daily gain of 0.85%.

Encore wire corp stock free#

Encore Wire ( WIRE Quick Quote WIRE - Free Report) closed the most recent trading day at $179.54, moving +0.43% from the previous trading session.