Encore Wire Corporation (WIRE) EPS Estimated At $0.69

April 17, 2018 - By Jimmy Baldridge

Investors sentiment decreased to 1.33 in 2017 Q4. Its down 0.17, from 1.5 in 2017Q3. It turned negative, as 10 investors sold Encore Wire Corporation shares while 41 reduced holdings. 30 funds opened positions while 38 raised stakes. 18.15 million shares or 1.65% less from 18.45 million shares in 2017Q3 were reported.
Wellington Management Gp Limited Liability Partnership reported 0% stake. California State Teachers Retirement System holds 0% of its portfolio in Encore Wire Corporation (NASDAQ:WIRE) for 31,955 shares. Thrivent Financial For Lutherans invested in 0.09% or 527,962 shares. Art Advsr Limited Liability has 0.07% invested in Encore Wire Corporation (NASDAQ:WIRE). Moreover, Vanguard Grp has 0% invested in Encore Wire Corporation (NASDAQ:WIRE) for 1.90M shares. Stone Ridge Asset Mgmt has invested 0.02% in Encore Wire Corporation (NASDAQ:WIRE). Goldman Sachs Gru accumulated 0% or 68,662 shares. D E Shaw holds 12,952 shares. Hutchin Hill Capital Lp accumulated 10,700 shares. State Of Tennessee Treasury Department has invested 0% in Encore Wire Corporation (NASDAQ:WIRE). 2,567 were reported by Riverhead Mgmt Ltd. Barrow Hanley Mewhinney And Strauss Ltd Liability Co owns 0.07% invested in Encore Wire Corporation (NASDAQ:WIRE) for 971,081 shares. Schwab Charles Investment Management Inc invested in 0.01% or 197,343 shares. Deutsche Natl Bank Ag has invested 0% in Encore Wire Corporation (NASDAQ:WIRE). Heartland Advisors has invested 0.77% of its portfolio in Encore Wire Corporation (NASDAQ:WIRE).

Since December 7, 2017, it had 0 buys, and 5 selling transactions for $2.27 million activity. $131,125 worth of Encore Wire Corporation (NASDAQ:WIRE) was sold by Ford Matthew D..

Analysts expect Encore Wire Corporation (NASDAQ:WIRE) to report $0.69 EPS on May, 1.They anticipate $0.04 EPS change or 6.15 % from last quarter’s $0.65 EPS. WIRE’s profit would be $14.38 million giving it 20.56 P/E if the $0.69 EPS is correct. After having $0.76 EPS previously, Encore Wire Corporation’s analysts see -9.21 % EPS growth. The stock increased 1.07% or $0.6 during the last trading session, reaching $56.75. About 41,905 shares traded. Encore Wire Corporation (NASDAQ:WIRE) has risen 20.29% since April 17, 2017 and is uptrending. It has outperformed by 8.74% the S&P500.

Encore Wire Corporation (NASDAQ:WIRE) Ratings Coverage

Among 2 analysts covering Encore Wire (NASDAQ:WIRE), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Encore Wire had 2 analyst reports since December 6, 2017 according to SRatingsIntel. As per Wednesday, December 6, the company rating was upgraded by Sidoti.

Encore Wire Corporation manufactures and sells electrical building wire and cable products for interior electrical wiring in the United States. The company has market cap of $1.18 billion. The company??s products include NM-B cable, a non-metallic sheathed cable for use as interior wiring in homes, apartments, and manufactured housing; UF-B cable, an underground feeder cable for conduct power underground to outside lighting and other applications remote from buildings; and SE Style cable, a service entrance cable. It has a 17.68 P/E ratio. It also offers THHN/THWN-2 and XHHW-2 cables for use as branch circuit, feeder, and service entrance conductors in commercial and industrial buildings and structures; USE-2 cables for use in aboveground or underground applications in listed raceways for branch circuit, feeder, and service entrance conductors; and tray cables for use as branch circuit or feeders for power, lighting, control, and signal circuits for direct installations in raceways and outdoor locations.

Encore Wire Corporation (NASDAQ:WIRE) Institutional Positions Chart

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