Encore Wire Earnings Estimate

WIRE
 Stock
  

USD 146.11  0.70  0.48%   

Many public companies, such as Encore Wire, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Encore Wire's earnings estimates, investors can diagnose different trends across Encore Wire's analyst sentiment over time as well as compare current estimates against different timeframes.
Encore Wire is projected to generate 21.76 in earnings per share on the 31st of December 2021. Encore Wire earnings estimates module stress-tests analyst consensus about projected Encore Wire EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Check out Your Current Watchlist.
  
The current year Profit Margin is expected to grow to 22.53, whereas Gross Profit is forecasted to decline to about 134.7 M.

Encore Wire Earnings Estimation Breakdown

Calculation of earning per share of Encore Wire is based on official Zacks consensus of 1 analysts regarding Encore Wire future annual earnings. Given the historical accuracy of 74.1%, the future earnings per share of Encore Wire is estimated to be 21.76 with the lowest and highest values of 21.76 and 21.76, respectively. Please note that this consensus of annual earnings estimates for Encore Wire is an estimate of EPS before non-recurring items and including employee stock options expenses
  Current EPS 35.48
21.76
Lowest
Expected EPS 21.76
21.76
Highest

Encore Wire Earnings Projection Consensus

Suppose the current estimates of Encore Wire's value are higher than the current market price of the Encore Wire stock. In this case, investors may conclude that Encore Wire is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Encore Wire's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPSEPS Estimate for 31st of December 2021

1

74.1%

35.48

21.76

Encore Wire Earnings per Share Projection vs Actual

Actual Earning per Share of Encore Wire refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Encore Wire predict the company's earnings will be in the future. The higher the earnings per share of Encore Wire, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Encore Wire Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Encore Wire, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Encore Wire should always be considered in relation to other companies to make a more educated investment decision.

Encore Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Encore Wire's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2022-10-25
2022-09-306.819.973.1646 
2022-07-25
2022-06-305.1410.715.57108 
2022-04-28
2022-03-312.947.965.02170 
2022-02-15
2021-12-313.176.913.74117 
2021-10-26
2021-09-302.928.515.59191 
2021-07-27
2021-06-301.388.827.44539 
2021-04-26
2021-03-310.871.991.12128 
2021-02-16
2020-12-310.691.170.4869 
2020-10-27
2020-09-300.751.020.2736 
2020-07-29
2020-06-300.70.6-0.114 
2020-04-28
2020-03-310.480.890.4185 
2020-02-18
2019-12-310.820.5-0.3239 
2019-10-28
2019-09-301.010.78-0.2322 
2019-07-30
2019-06-300.870.85-0.02
2019-04-30
2019-03-310.720.64-0.0811 
2019-02-19
2018-12-310.751.20.4560 
2018-10-30
2018-09-300.711.130.4259 
2018-07-31
2018-06-300.650.860.2132 
2018-05-01
2018-03-310.670.54-0.1319 
2018-02-20
2017-12-310.480.760.2858 
2017-10-31
2017-09-300.360.670.3186 
2017-08-01
2017-06-300.570.52-0.05
2017-05-02
2017-03-310.50.650.1530 
2017-02-16
2016-12-310.350.550.257 
2016-10-26
2016-09-300.610.29-0.3252 
2016-07-27
2016-06-300.570.38-0.1933 
2016-04-27
2016-03-310.530.41-0.1222 
2016-02-18
2015-12-310.520.530.01
2015-10-22
2015-09-300.540.70.1629 
2015-07-23
2015-06-300.560.54-0.02
2015-04-23
2015-03-310.320.520.262 
2015-02-19
2014-12-310.450.24-0.2146 
2014-10-23
2014-09-300.550.53-0.02
2014-07-24
2014-06-300.680.49-0.1927 
2014-04-24
2014-03-310.480.520.04
2014-02-19
2013-12-310.560.54-0.02
2013-10-24
2013-09-300.560.660.117 
2013-07-25
2013-06-300.30.750.45150 
2013-04-24
2013-03-310.250.310.0624 
2013-02-20
2012-12-310.270.25-0.02
2012-10-24
2012-09-300.380.27-0.1128 
2012-07-25
2012-06-300.450.11-0.3475 
2012-04-24
2012-03-310.490.29-0.240 
2012-02-21
2011-12-310.240.690.45187 
2011-10-26
2011-09-300.320.590.2784 
2011-07-27
2011-06-300.490.4-0.0918 
2011-04-27
2011-03-310.20.460.26130 
2011-02-22
2010-12-310.160.190.0318 
2010-10-27
2010-09-300.260.22-0.0415 
2010-07-28
2010-06-300.120.350.23191 
2010-04-28
2010-03-310.06-0.04-0.1166 
2010-02-10
2009-12-310.06-0.08-0.14233 
2009-10-21
2009-09-300.120.01-0.1191 
2009-07-22
2009-06-300.250.03-0.2288 
2009-04-22
2009-03-310.260.2-0.0623 
2009-02-09
2008-12-310.280.720.44157 
2008-10-22
2008-09-300.240.340.141 
2008-07-23
2008-06-300.30.06-0.2480 
2008-04-23
2008-03-310.210.580.37176 
2008-02-05
2007-12-310.17-0.05-0.22129 
2007-10-23
2007-09-300.610.24-0.3760 
2007-07-24
2007-06-300.520.830.3159 
2007-04-24
2007-03-310.250.270.02
2007-02-06
2006-12-310.320.26-0.0618 
2006-10-24
2006-09-301.561.51-0.05
2006-07-25
2006-06-300.92.411.51167 
2006-04-25
2006-03-310.610.680.0711 
2006-02-07
2005-12-310.351.51.15328 
2005-10-24
2005-09-300.180.480.3166 
2005-07-25
2005-06-300.080.10.0225 
2005-04-28
2005-03-310.080.04-0.0450 
2005-02-08
2004-12-310.130.270.14107 
2004-10-25
2004-09-300.330.27-0.0618 
2004-07-27
2004-06-300.520.31-0.2140 
2004-04-22
2004-03-310.290.570.2896 
2004-02-02
2003-12-310.160.30.1487 
2003-10-23
2003-09-30None0.2275None
2003-07-28
2003-06-300.020.110.09450 
2003-04-29
2003-03-310.03-0.02-0.05166 
2003-01-30
2002-12-310.050.02-0.0360 
2002-10-23
2002-09-300.090.04-0.0555 
2002-07-25
2002-06-300.10.10
2002-04-25
2002-03-310.090.10.0111 
2002-01-30
2001-12-310.10.120.0220 
2001-10-23
2001-09-300.120.09-0.0325 
2001-07-23
2001-06-300.130.1-0.0323 
2001-04-23
2001-03-310.090.090
2001-01-29
2000-12-310.080.110.0337 
2000-10-17
2000-09-300.190.09-0.152 
2000-07-27
2000-06-300.080.07-0.0112 
2000-04-27
2000-03-310.050.070.0240 
2000-02-01
1999-12-310.10.08-0.0220 
1999-10-28
1999-09-300.10.08-0.0220 
1999-07-29
1999-06-300.040.03-0.0125 
1999-04-29
1999-03-310.140.09-0.0535 
1999-02-02
1998-12-310.010.030.02200 
1998-10-29
1998-09-300.270.24-0.0311 
1998-07-30
1998-06-300.180.180
1998-04-30
1998-03-310.250.260.01
1998-02-05
1997-12-310.250.24-0.01
1997-10-30
1997-09-300.220.250.0313 
1997-07-31
1997-06-300.170.210.0423 
1997-04-24
1997-03-310.130.170.0430 
1997-02-06
1996-12-310.110.140.0327 
1996-10-24
1996-09-300.090.130.0444 
1996-07-25
1996-06-300.010.020.01100 
1996-04-25
1996-03-310.010.010

About Encore Wire Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Encore Wire earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Encore Wire estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Encore Wire fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.

Encore Wire Investors Sentiment

The influence of Encore Wire's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Encore. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Encore Wire's public news can be used to forecast risks associated with investment in Encore. The trend in average sentiment can be used to explain how an investor holding Encore can time the market purely based on public headlines and social activities around Encore Wire. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Encore Wire's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Encore Wire's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Encore Wire's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Encore Wire.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Encore Wire in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Encore Wire's short interest history, or implied volatility extrapolated from Encore Wire options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Your Current Watchlist. You can also try Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for analysis

When running Encore Wire price analysis, check to measure Encore Wire's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Encore Wire is operating at the current time. Most of Encore Wire's value examination focuses on studying past and present price action to predict the probability of Encore Wire's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Encore Wire's price. Additionally, you may evaluate how the addition of Encore Wire to your portfolios can decrease your overall portfolio volatility.
CEO Directory
Screen CEOs from public companies around the world
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Go
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Transaction History
View history of all your transactions and understand their impact on performance
Go
Is Encore Wire's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Encore Wire. If investors know Encore will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Encore Wire listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.17
Market Capitalization
2.7 B
Quarterly Revenue Growth YOY
0.064
Return On Assets
0.35
Return On Equity
0.49
The market value of Encore Wire is measured differently than its book value, which is the value of Encore that is recorded on the company's balance sheet. Investors also form their own opinion of Encore Wire's value that differs from its market value or its book value, called intrinsic value, which is Encore Wire's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Encore Wire's market value can be influenced by many factors that don't directly affect Encore Wire's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Encore Wire's value and its price as these two are different measures arrived at by different means. Investors typically determine Encore Wire value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Encore Wire's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.