Encore Weighted Average Shares Diluted from 2010 to 2023

WIRE Stock  USD 185.33  2.52  1.38%   
Encore Wire Weighted Average Shares Diluted is decreasing over the years with slightly volatile fluctuation. Weighted Average Shares Diluted is expected to dwindle to about 19 M. During the period from 2010 to 2023 Encore Wire Weighted Average Shares Diluted anual values regression line had geometric mean of 20,758,473 and significance of  0.00023469. Encore Wire Consolidated Income is projected to increase significantly based on the last few years of reporting. The past year's Consolidated Income was at 717.84 Million. The current year 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.
  
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. It 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 Wire Quarterly Weighted Average Shares Diluted

18.59 Million

Encore Weighted Average Shares Diluted Breakdown

Showing smoothed Weighted Average Shares Diluted 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 [EPSDil]; determined based on the timing of issuance of shares or units in the period.Encore Wire's Weighted Average Shares Diluted 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.
Weighted Average Shares Diluted10 Years Trend
Down
Slightly volatile
   Weighted Average Shares Diluted   
       Timeline  

Encore Weighted Average Shares Diluted Regression Statistics

Arithmetic Mean20,772,303
Geometric Mean20,758,473
Coefficient Of Variation3.74
Mean Deviation481,896
Median20,821,000
Standard Deviation777,173
Range2,755,751
R-Value(0.83)
R-Squared0.69
Significance0.00023469
Slope(154,301)

Encore Weighted Average Shares Diluted History

202319 M
202219.4 M
202120.6 M
202020.7 M
201921 M
201820.9 M
201720.8 M
201620.8 M
201520.8 M
201420.8 M
201320.8 M

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 Diluted, 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 Shares Diluted19.4 M19 M
Average Assets1.8 B1.4 B
Average Equity1.6 B1.8 B
Invested Capital Average1.1 B936.2 M

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.

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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.
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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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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.
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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
0.198
Dividend Share
0.08
Earnings Share
36.41
Revenue Per Share
157.501
Quarterly Revenue Growth
0.009
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.