Encore Wire Corporation engages in manufacture and sale of electrical building wires and cables in the United States. It offers NM-B cables, UF-B cables, THHN/THWN-2, XHHW-2, USE-2, RHH/RHW-2, and other types of wire products, including SEU, SER, photovoltaic, URD, tray cables, metal-clads, and armored cables. The company's products are used to distribute power from the transmission grid to the wall outlet or switch. It sells its products to wholesale electrical distributors through independent manufacturers' representatives for residential, commercial, industrial, and renewable energy sectors. Encore Wire Corporation was incorporated in 1989 and is headquartered in McKinney, Texas. As of July 2, 2024, Encore Wire Corporation operates as a subsidiary of Prysmian S.p.A..
Research context
Encore Wire Corporation appears in PyInvesting’s US Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- USD
- Sector
- Industrials
- Industry
- Electrical Equipment & Parts
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5 years, 6 months ago
Encore Wire Corporation is currently in a long term uptrend where the price is trading 8.9% above its 200 day moving average.
From a valuation standpoint, the stock is 97.9% cheaper than other stocks from the Industrials sector with a price to sales ratio of 1.1.
Encore Wire Corporation's total revenue rose by 26.0% to $381M since the same quarter in the previous year.
Its net income has increased by 128.8% to $24M since the same quarter in the previous year.
Finally, its free cash flow fell by 222.3% to $-34M since the same quarter in the previous year.
Based on the above factors, Encore Wire Corporation gets an overall score of 4/5.