Skip to Content

Encore Wire Corp WIRE

Morningstar Rating
$289.11 +0.15 (0.05%)
View Full Chart
Unlock our analysis with Morningstar Investor

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

WIRE is trading within a range we consider fairly valued.
Price
$287.78
Fair Value
$249.58
Uncertainty
High
1-Star Price
$921.98
5-Star Price
$939.75
Economic Moat
Bqwjdj
Capital Allocation
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if WIRE is a good fit for your portfolio.

News

Trading Information

Previous Close Price
$288.96
Day Range
$289.00289.30
52-Week Range
$150.70295.88
Bid/Ask
$289.06 / $289.12
Market Cap
$4.57 Bil
Volume/Avg
348,345 / 358,110

Key Statistics

Price/Earnings (Normalized)
15.33
Price/Sales
1.90
Dividend Yield (Trailing)
0.03%
Dividend Yield (Forward)
0.03%
Total Yield
7.25%

Company Profile

Encore Wire Corp is engaged in manufacturing electrical building wire and cable. It supplies building wire for interior electrical wiring in commercial and industrial, homes, apartments, and manufactured housing. The company's principal customers are wholesale electrical distributors, who sell building wire and a variety of other products to electrical contractors. Encore offers an electrical building wire product line that consists of NM-B cable, UF-B cable, THHN/THWN-2, XHHW-2, RHH/RHW-2, and other types of wire products, including tray cable, metal-clad, and armored cable.
Sector
Industrials
Industry
Electrical Equipment & Parts
Stock Style Box
Small Core
Total Number of Employees
1,629

Comparables

Valuation

Metric
WIRE
GCA
300933
Price/Earnings (Normalized)
15.3386.61
Price/Book Value
2.5212.152.00
Price/Sales
1.900.381.15
Price/Cash Flow
12.7520.82
Price/Earnings
WIRE
GCA
300933

Financial Strength

Metric
WIRE
GCA
300933
Quick Ratio
6.441.181.35
Current Ratio
7.492.261.88
Interest Coverage
0.231.95
Quick Ratio
WIRE
GCA
300933

Profitability

Metric
WIRE
GCA
300933
Return on Assets (Normalized)
16.51%−0.84%1.06%
Return on Equity (Normalized)
18.48%−14.30%2.43%
Return on Invested Capital (Normalized)
17.13%2.89%3.37%
Return on Assets
WIRE
GCA
300933
See how this stock stacks up to its competitors with Morningstar Investor

Electrical Equipment & Parts Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
ABB Ltd
ABLZF
Rtc$104.7 Bil
ABB Ltd ADR
ABBNY
YtfmlgclLycs$104.7 Bil
OSRAM Licht AG
OSAGF
Qtdwr$52.7 Bil
Vertiv Holdings Co Class A
VRT
Xhgcc$35.7 Bil
Mitsubishi Electric Corp ADR
MIELY
Pnhlvs$33.4 Bil
Mitsubishi Electric Corp
MIELF
Byjxlx$33.4 Bil
Legrand SA
LGRVF
Pgqqv$27.9 Bil
Bloom Energy Corp Class A
BE
GdmbnglcSyhv$3.4 Bil
Hayward Holdings Inc
HAYW
KptwybyPyfdwsj$2.9 Bil
Plug Power Inc
PLUG
PbvQdxd$2.1 Bil

Sponsor Center