$0.69 EPS Expected for Encore Wire Corporation (WIRE)

October 2, 2018 - By Nellie Frank

Investors sentiment increased to 1.81 in 2018 Q2. Its up 0.18, from 1.63 in 2018Q1. It increased, as 12 investors sold Encore Wire Corporation shares while 31 reduced holdings. 21 funds opened positions while 57 raised stakes. 18.18 million shares or 0.25% more from 18.13 million shares in 2018Q1 were reported.
Raymond James Fincl Services holds 0% of its portfolio in Encore Wire Corporation (NASDAQ:WIRE) for 5,523 shares. Metropolitan Life Company New York reported 0% of its portfolio in Encore Wire Corporation (NASDAQ:WIRE). Rhumbline Advisers holds 55,858 shares or 0.01% of its portfolio. Jpmorgan Chase Com holds 61,195 shares or 0% of its portfolio. Pennsylvania-based Cim Inv Mangement has invested 0.1% in Encore Wire Corporation (NASDAQ:WIRE). 12,531 were accumulated by Utd Automobile Association. Aqr Cap Mngmt Limited Liability Corporation invested 0% of its portfolio in Encore Wire Corporation (NASDAQ:WIRE). Thrivent Fin For Lutherans has invested 0.07% in Encore Wire Corporation (NASDAQ:WIRE). Sg Americas Limited Liability holds 8,672 shares. D E Shaw holds 0% or 6,183 shares in its portfolio. State Street accumulated 519,121 shares or 0% of the stock. Ls Advsrs Llc holds 0% of its portfolio in Encore Wire Corporation (NASDAQ:WIRE) for 649 shares. Riverhead Capital Mgmt Limited Liability holds 2,767 shares or 0.01% of its portfolio. Barclays Public Ltd Com accumulated 8,987 shares. Moreover, Advisors Asset has 0% invested in Encore Wire Corporation (NASDAQ:WIRE) for 33,201 shares.

Analysts expect Encore Wire Corporation (NASDAQ:WIRE) to report $0.69 EPS on October, 30.They anticipate $0.02 EPS change or 2.99 % from last quarter’s $0.67 EPS. WIRE’s profit would be $14.38 million giving it 17.59 P/E if the $0.69 EPS is correct. After having $0.86 EPS previously, Encore Wire Corporation’s analysts see -19.77 % EPS growth. The stock decreased 1.33% or $0.65 during the last trading session, reaching $48.56. About 19,678 shares traded. Encore Wire Corporation (NASDAQ:WIRE) has risen 19.48% since October 2, 2017 and is uptrending. It has outperformed by 3.86% the S&P500.

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 $1.01 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 14.12 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.

More news for Encore Wire Corporation (NASDAQ:WIRE) were recently published by: Businesswire.com, which released: “Annual Diversified Industrials and Services Conference” on September 11, 2018. Businesswire.com‘s article titled: “Encore Wire Reports Antidumping Filing” and published on September 21, 2018 is yet another important article.

Encore Wire Corporation (NASDAQ:WIRE) Institutional Positions Chart

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