Encore Weighted Average Shares from 2010 to 2023

WIRE Stock  USD 184.34  2.99  1.60%   
Encore Wire Weighted Average Shares is decreasing over the years with slightly volatile fluctuation. Weighted Average Shares is expected to dwindle to about 18.8 M. During the period from 2010 to 2023 Encore Wire Weighted Average Shares annual values regression line had geometric mean of 20,651,059 and significance of  0.00021328. 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 Weighted Average Shares

16.64 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 Weighted Average Shares Breakdown

Showing smoothed Weighted Average Shares of Encore Wire with missing and latest data points interpolated. The weighted average number of shares or units issued and outstanding that are used by the company to calculate [EPS]; determined based on the timing of issuance of shares or units in the period. Encore Wire's Weighted Average Shares 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.
ViewLast Reported 15.78 M10 Years Trend
Slightly volatile
   Weighted Average Shares   
       Timeline  

Encore Weighted Average Shares Regression Statistics

Arithmetic Mean20,667,167
Geometric Mean20,651,059
Coefficient Of Variation4.04
Mean Deviation527,333
Median20,714,000
Standard Deviation835,386
Range2,899,665
R-Value(0.83)
R-Squared0.69
Significance0.00021328
Slope(166,430)

Encore Weighted Average Shares History

202318.8 M
202219.2 M
202120.4 M
202020.6 M
201920.9 M
201820.8 M
201720.8 M
201620.7 M
201520.7 M
201420.7 M
201320.7 M

Other Fundumenentals of Encore Wire

Encore Wire Weighted Average Shares 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 Weighted Average Shares, 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
Weighted Average Shares19.2 M18.8 M
Weighted Average Shares Diluted19.4 M19 M
Average Assets1.8 B1.4 B
Average Equity1.6 B1.8 B
Invested Capital Average1.1 B936.2 M

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Our tools can tell you how much better you can do entering a position in Encore Wire without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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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.