WIRE vs. MLI, KALU, SEE, FELE, VMI, TEX, SLGN, MSM, VRRM, and CWST
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), Sealed Air (SEE), Franklin Electric (FELE), Valmont Industries (VMI), Terex (TEX), Silgan (SLGN), MSC Industrial Direct (MSM), Verra Mobility (VRRM), and Casella Waste Systems (CWST). These companies are all part of the "industrial products" sector.
Mueller Industries (NYSE:MLI) and Encore Wire (NASDAQ:WIRE) are both mid-cap industrial products companies, but which is the superior business? We will contrast the two companies based on the strength of their community ranking, dividends, valuation, profitability, institutional ownership, media sentiment, earnings, risk and analyst recommendations.
Mueller Industries has a beta of 1.08, suggesting that its share price is 8% more volatile than the S&P 500. Comparatively, Encore Wire has a beta of 1.31, suggesting that its share price is 31% more volatile than the S&P 500.
Mueller Industries has a net margin of 17.63% compared to Mueller Industries' net margin of 14.50%. Encore Wire's return on equity of 27.59% beat Mueller Industries' return on equity.
94.5% of Mueller Industries shares are owned by institutional investors. Comparatively, 99.8% of Encore Wire shares are owned by institutional investors. 2.8% of Mueller Industries shares are owned by company insiders. Comparatively, 5.6% of Encore Wire shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
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 57.91% of users gave Encore Wire an outperform vote.
Mueller Industries pays an annual dividend of $0.80 per share and has a dividend yield of 1.5%. Encore Wire pays an annual dividend of $0.08 per share and has a dividend yield of 0.0%. Mueller Industries pays out 15.1% of its earnings in the form of a dividend. Encore Wire pays out 0.4% 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. Mueller Industries has increased its dividend for 4 consecutive years. Mueller Industries is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
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.
In the previous week, Encore Wire had 27 more articles in the media than Mueller Industries. MarketBeat recorded 32 mentions for Encore Wire and 5 mentions for Mueller Industries. Encore Wire's average media sentiment score of 1.45 beat Mueller Industries' score of 0.36 indicating that Mueller Industries is being referred to more favorably in the media.
Encore Wire has a consensus price target of $273.33, indicating a potential downside of 3.89%. Given Mueller Industries' higher probable upside, analysts plainly believe Encore Wire is more favorable than Mueller Industries.
Summary
Encore Wire beats Mueller Industries on 10 of the 19 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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