Encore Wire (WIRE) Stock Forecast, Price Target & Predictions
WIRE Stock Forecast
Encore Wire stock forecast is as follows: an average price target of $295.00 (represents a 1.78% upside from WIRE’s last price of $289.84) and a rating consensus of 'Hold', based on 1 wall street analysts offering a 1-year stock forecast.
WIRE Price Target
WIRE Analyst Ratings
Encore Wire Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Apr 16, 2024 | Brent Thielman | D.A. Davidson | $295.00 | $291.23 | 1.29% | 1.78% |
Encore Wire Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 1 |
Avg Price Target | - | - | $295.00 |
Last Closing Price | $289.84 | $289.84 | $289.84 |
Upside/Downside | -100.00% | -100.00% | 1.78% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Apr 19, 2024 | CJS Securities | - | Market Perform | Downgrade |
Encore Wire Financial Forecast
Encore Wire Revenue Forecast
Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Oct 21 | Jul 21 | Mar 21 | Dec 20 | Oct 20 | Jul 20 | Mar 20 | Dec 19 | Oct 19 | Jul 19 | Mar 19 | Mar 18 | Mar 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | $633.78M | - | - | $660.49M | $693.88M | - | - | $723.07M | $687.85M | - | - | $444.14M | $380.82M | - | - | $302.79M | $302.25M | - | - | $314.71M | $291.43M | $279.39M |
Avg Forecast | $672.40M | $695.50M | $668.70M | $651.70M | $671.22M | $692.31M | $668.58M | $579.64M | $601.48M | $634.18M | $738.60M | $684.01M | $631.03M | $693.13M | $727.08M | $567.63M | $561.78M | $587.34M | $456.51M | $384.57M | $334.19M | $337.77M | $283.06M | $297.48M | $308.31M | $347.14M | $330.42M | $295.68M | $361.55M | $214.92M |
High Forecast | $672.40M | $695.50M | $668.70M | $651.70M | $671.22M | $692.31M | $668.58M | $579.64M | $601.48M | $651.74M | $738.60M | $684.01M | $631.03M | $693.13M | $727.08M | $567.63M | $561.78M | $587.34M | $456.51M | $384.57M | $334.19M | $337.77M | $283.06M | $297.48M | $308.31M | $347.14M | $330.42M | $295.68M | $433.86M | $257.91M |
Low Forecast | $672.40M | $695.50M | $668.70M | $651.70M | $671.22M | $692.31M | $668.58M | $579.64M | $601.48M | $625.10M | $738.60M | $684.01M | $631.03M | $693.13M | $727.08M | $567.63M | $561.78M | $587.34M | $456.51M | $384.57M | $334.19M | $337.77M | $283.06M | $297.48M | $308.31M | $347.14M | $330.42M | $295.68M | $289.24M | $171.94M |
# Analysts | - | - | - | - | - | - | 1 | - | 1 | 3 | 1 | 1 | - | - | - | - | 2 | 2 | 2 | 2 | 1 | 16 | 9 | 10 | 8 | 8 | 11 | 8 | 18 | 18 |
Surprise % | - | - | - | - | - | - | - | - | 1.05% | - | - | 0.97% | 1.10% | - | - | 1.27% | 1.22% | - | - | 1.15% | 1.14% | - | - | 1.02% | 0.98% | - | - | 1.06% | 0.81% | 1.30% |
Encore Wire EBITDA Forecast
Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Oct 21 | Jul 21 | Mar 21 | Dec 20 | Oct 20 | Jul 20 | Mar 20 | Dec 19 | Oct 19 | Jul 19 | Mar 19 | Mar 18 | Mar 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | - | - | - | - | - | - | 1 | - | 1 | 3 | 1 | 1 | - | - | - | - | 2 | 2 | 2 | 2 | 1 | 16 | 9 | 10 | 8 | 8 | 11 | 8 | 18 | 18 |
EBITDA | - | - | - | - | - | - | - | - | $79.55M | - | - | $146.38M | $192.94M | - | - | $213.75M | $188.91M | - | - | $58.68M | $36.41M | - | - | $28.94M | $18.28M | - | - | $21.75M | $19.06M | $24.28M |
Avg Forecast | $120.18M | $124.31M | $119.52M | $116.48M | $119.97M | $123.74M | $119.49M | $183.17M | $107.50M | $113.35M | $132.01M | $166.52M | $112.79M | $261.16M | $129.95M | $151.38M | $100.41M | $104.98M | $81.59M | $34.85M | $59.73M | $60.37M | $50.59M | $22.24M | $55.10M | $62.05M | $59.06M | $24.17M | $22.76M | $17.00M |
High Forecast | $120.18M | $124.31M | $119.52M | $116.48M | $119.97M | $123.74M | $119.49M | $219.81M | $107.50M | $116.49M | $132.01M | $199.83M | $112.79M | $313.39M | $129.95M | $181.66M | $100.41M | $104.98M | $81.59M | $41.82M | $59.73M | $60.37M | $50.59M | $26.69M | $55.10M | $62.05M | $59.06M | $29.00M | $27.31M | $20.40M |
Low Forecast | $120.18M | $124.31M | $119.52M | $116.48M | $119.97M | $123.74M | $119.49M | $146.54M | $107.50M | $111.72M | $132.01M | $133.22M | $112.79M | $208.93M | $129.95M | $121.11M | $100.41M | $104.98M | $81.59M | $27.88M | $59.73M | $60.37M | $50.59M | $17.79M | $55.10M | $62.05M | $59.06M | $19.33M | $18.21M | $13.60M |
Surprise % | - | - | - | - | - | - | - | - | 0.74% | - | - | 0.88% | 1.71% | - | - | 1.41% | 1.88% | - | - | 1.68% | 0.61% | - | - | 1.30% | 0.33% | - | - | 0.90% | 0.84% | 1.43% |
Encore Wire Net Income Forecast
Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Oct 21 | Jul 21 | Mar 21 | Dec 20 | Oct 20 | Jul 20 | Mar 20 | Dec 19 | Oct 19 | Jul 19 | Mar 19 | Mar 18 | Mar 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | - | - | - | - | - | - | 1 | - | 1 | 3 | 1 | 1 | - | - | - | - | 2 | 2 | 2 | 2 | 1 | 16 | 9 | 10 | 8 | 8 | 11 | 8 | 18 | 18 |
Net Income | - | - | - | - | - | - | - | - | $66.12M | - | - | $119.48M | $154.00M | - | - | $161.53M | $141.64M | - | - | $41.19M | $24.10M | - | - | $18.61M | $10.54M | - | - | $13.41M | $11.35M | $13.63M |
Avg Forecast | $67.48M | $70.22M | $66.35M | $64.09M | $79.96M | $85.71M | $79.01M | $138.28M | $64.89M | $75.23M | $104.69M | $125.71M | $94.03M | $196.52M | $82.98M | $114.28M | $51.17M | $47.06M | $22.20M | $24.46M | $11.06M | $12.03M | $11.30M | $14.30M | $13.24M | $16.30M | $14.10M | $14.90M | $13.56M | $9.54M |
High Forecast | $67.48M | $70.22M | $66.35M | $64.09M | $79.96M | $85.71M | $79.01M | $165.94M | $64.89M | $76.52M | $104.69M | $150.85M | $94.03M | $235.82M | $82.98M | $137.14M | $51.17M | $47.06M | $22.20M | $29.36M | $11.06M | $12.03M | $11.30M | $17.16M | $13.24M | $16.30M | $14.10M | $17.88M | $16.27M | $11.45M |
Low Forecast | $67.48M | $70.22M | $66.35M | $64.09M | $79.96M | $85.71M | $79.01M | $110.62M | $64.89M | $73.93M | $104.69M | $100.57M | $94.03M | $157.21M | $82.98M | $91.42M | $51.17M | $47.06M | $22.20M | $19.57M | $11.06M | $12.03M | $11.30M | $11.44M | $13.24M | $16.30M | $14.10M | $11.92M | $10.84M | $7.63M |
Surprise % | - | - | - | - | - | - | - | - | 1.02% | - | - | 0.95% | 1.64% | - | - | 1.41% | 2.77% | - | - | 1.68% | 2.18% | - | - | 1.30% | 0.80% | - | - | 0.90% | 0.84% | 1.43% |
Encore Wire SG&A Forecast
Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Oct 21 | Jul 21 | Mar 21 | Dec 20 | Oct 20 | Jul 20 | Mar 20 | Dec 19 | Oct 19 | Jul 19 | Mar 19 | Mar 18 | Mar 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | - | - | - | - | - | - | 1 | - | 1 | 3 | 1 | 1 | - | - | - | - | 2 | 2 | 2 | 2 | 1 | 16 | 9 | 10 | 8 | 8 | 11 | 8 | 18 | 18 |
SG&A | - | - | - | - | - | - | - | - | $56.85M | - | - | $58.70M | $55.51M | - | - | $36.21M | $52.43M | - | - | $31.15M | $27.61M | - | - | $22.29M | $22.93M | - | - | $25.00M | $22.89M | $18.74M |
Avg Forecast | $48.43M | $50.09M | $48.16M | $46.94M | $48.34M | $49.86M | $48.15M | $31.00M | $43.32M | $45.68M | $53.20M | $28.18M | $45.45M | $49.05M | $52.37M | $25.62M | $40.46M | $42.30M | $32.88M | $18.50M | $24.07M | $24.33M | $20.39M | $17.13M | $22.21M | $25.00M | $23.80M | $27.78M | $27.33M | $13.12M |
High Forecast | $48.43M | $50.09M | $48.16M | $46.94M | $48.34M | $49.86M | $48.15M | $37.20M | $43.32M | $46.94M | $53.20M | $33.82M | $45.45M | $58.86M | $52.37M | $30.74M | $40.46M | $42.30M | $32.88M | $22.20M | $24.07M | $24.33M | $20.39M | $20.56M | $22.21M | $25.00M | $23.80M | $33.33M | $32.79M | $15.74M |
Low Forecast | $48.43M | $50.09M | $48.16M | $46.94M | $48.34M | $49.86M | $48.15M | $24.80M | $43.32M | $45.02M | $53.20M | $22.55M | $45.45M | $39.24M | $52.37M | $20.50M | $40.46M | $42.30M | $32.88M | $14.80M | $24.07M | $24.33M | $20.39M | $13.71M | $22.21M | $25.00M | $23.80M | $22.22M | $21.86M | $10.49M |
Surprise % | - | - | - | - | - | - | - | - | 1.31% | - | - | 2.08% | 1.22% | - | - | 1.41% | 1.30% | - | - | 1.68% | 1.15% | - | - | 1.30% | 1.03% | - | - | 0.90% | 0.84% | 1.43% |
Encore Wire EPS Forecast
Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Oct 21 | Jul 21 | Mar 21 | Dec 20 | Oct 20 | Jul 20 | Mar 20 | Dec 19 | Oct 19 | Jul 19 | Mar 19 | Mar 18 | Mar 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | - | - | - | - | - | - | 1 | - | 1 | 3 | 1 | 1 | - | - | - | - | 2 | 2 | 2 | 2 | 1 | 16 | 9 | 10 | 8 | 8 | 11 | 8 | 18 | 18 |
EPS | - | - | - | - | - | - | - | - | $4.21 | - | - | $6.60 | $8.43 | - | - | $8.08 | $7.02 | - | - | $2.00 | $1.17 | - | - | $0.89 | $0.50 | - | - | $0.64 | $0.54 | $0.66 |
Avg Forecast | $4.18 | $4.35 | $4.11 | $3.97 | $4.95 | $5.31 | $4.89 | $3.65 | $4.02 | $4.66 | $6.49 | $5.75 | $5.83 | $6.82 | $5.14 | $2.94 | $3.17 | $2.92 | $1.38 | $0.88 | $0.69 | $0.74 | $0.70 | $0.47 | $0.82 | $1.01 | $0.87 | $0.72 | $0.80 | $0.35 |
High Forecast | $4.18 | $4.35 | $4.11 | $3.97 | $4.95 | $5.31 | $4.89 | $3.65 | $4.02 | $4.74 | $6.49 | $5.75 | $5.83 | $6.82 | $5.14 | $2.94 | $3.17 | $2.92 | $1.38 | $0.88 | $0.69 | $0.74 | $0.70 | $0.47 | $0.82 | $1.01 | $0.87 | $0.72 | $0.96 | $0.42 |
Low Forecast | $4.18 | $4.35 | $4.11 | $3.97 | $4.95 | $5.31 | $4.89 | $3.65 | $4.02 | $4.58 | $6.49 | $5.75 | $5.83 | $6.82 | $5.14 | $2.94 | $3.17 | $2.92 | $1.38 | $0.88 | $0.69 | $0.74 | $0.70 | $0.47 | $0.82 | $1.01 | $0.87 | $0.72 | $0.64 | $0.28 |
Surprise % | - | - | - | - | - | - | - | - | 1.05% | - | - | 1.15% | 1.45% | - | - | 2.75% | 2.21% | - | - | 2.29% | 1.71% | - | - | 1.87% | 0.61% | - | - | 0.89% | 0.68% | 1.89% |
Encore Wire Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
KE | Kimball Electronics | $18.16 | $23.75 | 30.78% | Buy |
ENR | Energizer | $29.05 | $37.67 | 29.67% | Hold |
NVT | nVent Electric | $66.56 | $82.80 | 24.40% | Buy |
AEIS | Advanced Energy Industries | $98.97 | $121.25 | 22.51% | Buy |
ENS | EnerSys | $101.16 | $118.00 | 16.65% | Buy |
AYI | Acuity Brands | $264.93 | $285.00 | 7.58% | Hold |
WIRE | Encore Wire | $289.84 | $295.00 | 1.78% | Hold |
HUBB | Hubbell | $411.29 | $343.00 | -16.60% | Hold |
VRT | Vertiv | $87.29 | $64.11 | -26.56% | Buy |
WIRE Forecast FAQ
Is Encore Wire a good buy?
No, according to 1 Wall Street analysts, Encore Wire (WIRE) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of WIRE's total ratings.
What is WIRE's price target?
Encore Wire (WIRE) average price target is $295 with a range of $295 to $295, implying a 1.78% from its last price of $289.84. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Encore Wire stock go up soon?
According to Wall Street analysts' prediction for WIRE stock, the company can go up by 1.78% (from the last price of $289.84 to the average price target of $295), up by 1.78% based on the highest stock price target, and up by 1.78% based on the lowest stock price target.
Can Encore Wire stock reach $400?
WIRE's average twelve months analyst stock price target of $295 does not support the claim that Encore Wire can reach $400 in the near future.
What are Encore Wire's analysts' financial forecasts?
Encore Wire's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $2.61B (high $2.61B, low $2.61B), average EBITDA is $546.37M (high $583.01M, low $509.74M), average net income is $382.95M (high $410.61M, low $355.3M), average SG&A $177.36M (high $183.56M, low $171.16M), and average EPS is $18.8 (high $18.8, low $18.8). WIRE's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.69B (high $2.69B, low $2.69B), average EBITDA is $480.48M (high $480.48M, low $480.48M), average net income is $268.14M (high $268.14M, low $268.14M), average SG&A $193.62M (high $193.62M, low $193.62M), and average EPS is $16.61 (high $16.61, low $16.61).
Did the WIRE's actual financial results beat the analysts' financial forecasts?
Based on Encore Wire's last annual report (Dec 2023), the company's revenue was $2.57B, which missed the average analysts forecast of $2.66B by -3.41%. Apple's EBITDA was $451.37M, missing the average prediction of $519.38M by -13.09%. The company's net income was $372.4M, beating the average estimation of $370.52M by 0.51%. Apple's SG&A was $204.51M, beating the average forecast of $170.37M by 20.04%. Lastly, the company's EPS was $22.07, beating the average prediction of $20.92 by 5.50%. In terms of the last quarterly report (Dec 2023), Encore Wire's revenue was $633.78M, beating the average analysts' forecast of $601.48M by 5.37%. The company's EBITDA was $79.55M, missing the average prediction of $107.5M by -26.00%. Encore Wire's net income was $66.12M, beating the average estimation of $64.89M by 1.89%. The company's SG&A was $56.86M, beating the average forecast of $43.32M by 31.24%. Lastly, the company's EPS was $4.21, beating the average prediction of $4.02 by 4.73%