NASDAQ:WIRE

289.90
0.06 (0.02%) 1d
0
BUY ON WEAKNESS
Encore Wire
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research.

WIRE is still up 17% YTD and 51% over 52 weeks.
It is cheap at 7X earnings but lower earnings are expected this year. It has no debt and $730M cash.
Free cash flow is nice $540M last year). Insiders own 5% and there has been some buying.
The last quarter was a very strong 'beat' and it has shown pretty consistent growth over the last decade.
It is cyclical, and there is a 12% short interest, but we like what we see here at the current valuation.
Unlock Premium - Try 5i Free  

INDUSTRIAL PRODUCTS
DON'T BUY
Encore Wire

Has real earnings, but is a value trap

INDUSTRIAL PRODUCTS
DON'T BUY
Encore Wire
It's been up and down since day on. It's not up and parabolic--and he won't recommend it because it's too risky.
INDUSTRIAL PRODUCTS
Showing 1 to 3 of 3 entries
  • «
  • 1
  • »

Encore Wire(WIRE-Q) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Encore Wire is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Encore Wire(WIRE-Q) Frequently Asked Questions

What is Encore Wire stock symbol?

Encore Wire is a American stock, trading under the symbol WIRE-Q on the NASDAQ (WIRE). It is usually referred to as NASDAQ:WIRE or WIRE-Q

Is Encore Wire a buy or a sell?

In the last year, there was no coverage of Encore Wire published on Stockchase.

Is Encore Wire a good investment or a top pick?

Encore Wire was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Encore Wire.

Why is Encore Wire stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Encore Wire worth watching?

0 stock analysts on Stockchase covered Encore Wire In the last year. It is a trending stock that is worth watching.

What is Encore Wire stock price?

On 2024-07-01, Encore Wire (WIRE-Q) stock closed at a price of $289.9.