WIRE vs. MLI, KALU, VRRM, FELE, TEX, ENS, BDC, SLGN, MSM, and VMI
Should you be buying Encore Wire stock or one of its competitors? The main competitors of Encore Wire include Mueller Industries (MLI), Kaiser Aluminum (KALU), Verra Mobility (VRRM), Franklin Electric (FELE), Terex (TEX), EnerSys (ENS), Belden (BDC), Silgan (SLGN), MSC Industrial Direct (MSM), and Valmont Industries (VMI). These companies are all part of the "industrial products" sector.
Encore Wire (NASDAQ:WIRE) and Mueller Industries (NYSE:MLI) are both mid-cap industrial products companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, dividends, risk, valuation, analyst recommendations, profitability, media sentiment, community ranking and earnings.
In the previous week, Encore Wire had 4 more articles in the media than Mueller Industries. MarketBeat recorded 7 mentions for Encore Wire and 3 mentions for Mueller Industries. Mueller Industries' average media sentiment score of 1.58 beat Encore Wire's score of 1.44 indicating that Mueller Industries is being referred to more favorably in the news media.
99.8% of Encore Wire shares are owned by institutional investors. Comparatively, 94.5% of Mueller Industries shares are owned by institutional investors. 7.2% of Encore Wire shares are owned by company insiders. Comparatively, 2.8% of Mueller Industries shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Encore Wire has a beta of 1.28, suggesting that its share price is 28% more volatile than the S&P 500. Comparatively, Mueller Industries has a beta of 1.08, suggesting that its share price is 8% more volatile than the S&P 500.
Mueller Industries has higher revenue and earnings than Encore Wire. Mueller Industries is trading at a lower price-to-earnings ratio than Encore Wire, indicating that it is currently the more affordable of the two stocks.
Encore Wire received 78 more outperform votes than Mueller Industries when rated by MarketBeat users. However, 61.66% of users gave Mueller Industries an outperform vote while only 57.29% of users gave Encore Wire an outperform vote.
Encore Wire pays an annual dividend of $0.08 per share and has a dividend yield of 0.0%. Mueller Industries pays an annual dividend of $0.80 per share and has a dividend yield of 1.4%. Encore Wire pays out 0.4% of its earnings in the form of a dividend. Mueller Industries pays out 16.0% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.
Encore Wire currently has a consensus price target of $273.33, indicating a potential downside of 1.54%. Given Encore Wire's higher possible upside, analysts plainly believe Encore Wire is more favorable than Mueller Industries.
Mueller Industries has a net margin of 17.22% compared to Encore Wire's net margin of 12.45%. Mueller Industries' return on equity of 24.69% beat Encore Wire's return on equity.
Summary
Encore Wire and Mueller Industries tied by winning 9 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding WIRE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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