Encore Net Income Common Stock from 2010 to 2023

WIRE Stock  USD 184.34  2.99  1.60%   
Encore Wire Net Income Common Stock is increasing over the years with slightly volatile fluctuation. Ongoing Net Income Common Stock is projected to grow to about 774.5 M this year. During the period from 2010 to 2023 Encore Wire Net Income Common Stock annual values regression line had geometric mean of 74,155,334 and significance of  0.001649. At present, Encore Wire's Consolidated Income is projected to increase significantly based on the last few years of reporting. . The current year's Earning Before Interest and Taxes EBIT is expected to grow to about 997.9 M, whereas Operating Expenses is forecasted to decline to about 159.3 M.

Encore Wire Quarterly Net Income Common Stock

82.05 Million

Check Encore Wire financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Encore main balance sheet or income statement drivers, such as Direct Expenses of 2.1 B, Consolidated Income of 774.5 M or Cost of Revenue of 1.7 B, as well as many exotic indicators such as Interest Coverage of 892, Long Term Debt to Equity of 0.29 or Calculated Tax Rate of 28.0. Encore financial statements analysis is a perfect complement when working with Encore Wire Valuation or Volatility modules.
  
This module can also supplement Encore Wire's financial leverage analysis and stock options assessment as well as various Encore Wire Technical models . Check out the analysis of Encore Wire Correlation against competitors.
For information on how to trade Encore Stock refer to our How to Trade Encore Stock guide.

Encore Net Income Common Stock Breakdown

Showing smoothed Net Income Common Stock of Encore Wire with missing and latest data points interpolated. The amount of net income (loss) for the period due to common shareholders. Typically differs from Net Income to the parent entity due to the deduction of Preferred Dividends. Encore Wire's Net Income Common Stock historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Encore Wire's overall financial position and show how it may be relating to other accounts over time.
Net Income Common Stock10 Years Trend
Slightly volatile
   Net Income Common Stock   
       Timeline  

Encore Net Income Common Stock Regression Statistics

Arithmetic Mean181,289,190
Geometric Mean74,155,334
Coefficient Of Variation151.15
Mean Deviation212,844,013
Median58,129,000
Standard Deviation274,017,663
Range754,701,658
R-Value0.76
R-Squared0.58
Significance0.001649
Slope49,709,654

Encore Net Income Common Stock History

2023774.5 M
2022717.8 M
2021541.4 M
202076.1 M
201958.1 M
201878.2 M
201767 M
201633.8 M
201547.6 M
201437.1 M
201346.9 M

Other Fundumenentals of Encore Wire

Encore Wire Net Income Common Stock component correlations

About Encore Wire Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Encore Wire income statement, its balance sheet, and the statement of cash flows. Encore Wire investors use historical funamental indicators, such as Encore Wire's Net Income Common Stock, to determine how well the company is positioned to perform in the future. Although Encore Wire investors may use each financial statement separately, they are all related. The changes in Encore Wire's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Encore Wire's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Encore Wire Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Encore Wire. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2023
Net Income Common Stock717.8 M774.5 M
Net Income Per Employee429.3 K463.2 K

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 market does not have 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 an 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 equities 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.

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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.
When determining whether Encore Wire is a strong investment it is important to analyze Encore Wire's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Encore Wire's future performance. For an informed investment choice regarding Encore Stock, refer to the following important reports:
Check out the analysis of Encore Wire Correlation against competitors.
For information on how to trade Encore Stock refer to our How to Trade Encore Stock guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

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When running Encore Wire's 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 the 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.
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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
(0.52)
Dividend Share
0.08
Earnings Share
25.73
Revenue Per Share
150.007
Quarterly Revenue Growth
(0.16)
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 if Encore Wire is a good investment 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.