S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Divisive? Not for moviegoers. ‘Civil War’ declares victory at box office.
Israel is quiet on next steps against Iran — and on which partners helped shoot down missiles
Can homeless people be fined for sleeping outside? A rural Oregon city asks the US Supreme Court
Germany's Scholz arrives in China on a visit marked by trade tensions and Ukraine conflict
India's Modi vows to boost social spending, make country into a manufacturing hub ahead of election
Native American-led nonprofit says it bought 40 acres in the Black Hills of South Dakota
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Divisive? Not for moviegoers. ‘Civil War’ declares victory at box office.
Israel is quiet on next steps against Iran — and on which partners helped shoot down missiles
Can homeless people be fined for sleeping outside? A rural Oregon city asks the US Supreme Court
Germany's Scholz arrives in China on a visit marked by trade tensions and Ukraine conflict
India's Modi vows to boost social spending, make country into a manufacturing hub ahead of election
Native American-led nonprofit says it bought 40 acres in the Black Hills of South Dakota
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Divisive? Not for moviegoers. ‘Civil War’ declares victory at box office.
Israel is quiet on next steps against Iran — and on which partners helped shoot down missiles
Can homeless people be fined for sleeping outside? A rural Oregon city asks the US Supreme Court
Germany's Scholz arrives in China on a visit marked by trade tensions and Ukraine conflict
India's Modi vows to boost social spending, make country into a manufacturing hub ahead of election
Native American-led nonprofit says it bought 40 acres in the Black Hills of South Dakota
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Divisive? Not for moviegoers. ‘Civil War’ declares victory at box office.
Israel is quiet on next steps against Iran — and on which partners helped shoot down missiles
Can homeless people be fined for sleeping outside? A rural Oregon city asks the US Supreme Court
Germany's Scholz arrives in China on a visit marked by trade tensions and Ukraine conflict
India's Modi vows to boost social spending, make country into a manufacturing hub ahead of election
Native American-led nonprofit says it bought 40 acres in the Black Hills of South Dakota

Encore Wire (WIRE) Competitors

$260.98
+0.53 (+0.20%)
(As of 04/12/2024 ET)

WIRE vs. MLI, KALU, VRRM, TEX, ENS, VMI, BDC, KAI, ALRM, and HI

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), Terex (TEX), EnerSys (ENS), Valmont Industries (VMI), Belden (BDC), Kadant (KAI), Alarm.com (ALRM), and Hillenbrand (HI). These companies are all part of the "industrial products" sector.

Encore Wire vs.

Mueller Industries (NYSE:MLI) and Encore Wire (NASDAQ:WIRE) are both mid-cap industrial products companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, profitability, community ranking, valuation, analyst recommendations, dividends, media sentiment, earnings and risk.

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.

Company Net Margins Return on Equity Return on Assets
Mueller Industries17.63% 27.59% 23.01%
Encore Wire 14.50%20.92%18.72%

94.5% of Mueller Industries shares are held by institutional investors. Comparatively, 99.8% of Encore Wire shares are held by institutional investors. 2.8% of Mueller Industries shares are held by company insiders. Comparatively, 5.6% of Encore Wire shares are held 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.

In the previous week, Mueller Industries had 4 more articles in the media than Encore Wire. MarketBeat recorded 9 mentions for Mueller Industries and 5 mentions for Encore Wire. Encore Wire's average media sentiment score of 1.21 beat Mueller Industries' score of 1.20 indicating that Mueller Industries is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Mueller Industries
5 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Encore Wire
2 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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 58.28% of users gave Encore Wire an outperform vote.

CompanyUnderperformOutperform
Mueller IndustriesOutperform Votes
193
61.66%
Underperform Votes
120
38.34%
Encore WireOutperform Votes
271
58.28%
Underperform Votes
194
41.72%

Encore Wire has a consensus target price of $237.50, suggesting a potential downside of 9.00%. Given Mueller Industries' stronger consensus rating and higher possible upside, analysts clearly believe Encore Wire is more favorable than Mueller Industries.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Mueller Industries
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Encore Wire
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Mueller Industries$3.42B1.72$602.90M$5.319.74
Encore Wire$2.57B1.60$372.40M$21.4312.18

Mueller Industries has a beta of 1.08, indicating that its stock price is 8% more volatile than the S&P 500. Comparatively, Encore Wire has a beta of 1.31, indicating that its stock price is 31% more volatile than the S&P 500.

Summary

Mueller Industries beats Encore Wire on 11 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

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.
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Media Sentiment Over Time

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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WIRE vs. The Competition

MetricEncore WireRolling, drawing, & extruding of nonferrous metals IndustryIndustrial SectorNASDAQ Exchange
Market Cap$4.12B$6.49B$9.20B$7.65B
Dividend Yield0.03%1.25%2.04%3.94%
P/E Ratio12.1820.2121.7819.32
Price / Sales1.601.516.26102.99
Price / Cash10.1811.0716.2530.98
Price / Book2.362.873.644.29
Net Income$372.40M$294.02M$462.78M$214.57M
7 Day Performance-2.86%-3.93%-2.63%-2.30%
1 Month Performance17.63%15.81%0.39%-0.06%
1 Year Performance55.10%39.57%10.26%8.81%

Encore Wire Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MLI
Mueller Industries
2.7347 of 5 stars
$53.95
-0.1%
N/A+49.0%$6.14B$3.42B10.154,509Short Interest ↓
News Coverage
Positive News
KALU
Kaiser Aluminum
2.9056 of 5 stars
$93.45
-0.3%
$71.50
-23.5%
+32.7%$1.50B$3.09B32.004,000Analyst Report
Short Interest ↓
VRRM
Verra Mobility
1.1529 of 5 stars
$25.05
+1.1%
$22.33
-10.8%
+44.7%$4.16B$817.31M69.591,788Positive News
TEX
Terex
4.5745 of 5 stars
$65.40
+0.6%
$64.21
-1.8%
+42.4%$4.38B$5.15B8.6210,200
ENS
EnerSys
3.9944 of 5 stars
$92.61
+1.4%
$126.00
+36.1%
+9.9%$3.74B$3.66B14.0111,350Short Interest ↓
VMI
Valmont Industries
3.9265 of 5 stars
$224.20
-0.6%
$262.00
+16.9%
-28.1%$4.53B$4.17B33.2611,125Upcoming Earnings
Positive News
BDC
Belden
4.7927 of 5 stars
$89.13
-0.2%
$102.25
+14.7%
+4.7%$3.66B$2.51B15.758,000Short Interest ↓
KAI
Kadant
1.1258 of 5 stars
$305.52
-0.1%
$300.00
-1.8%
+50.5%$3.59B$957.67M30.863,100Ex-Dividend
Short Interest ↑
ALRM
Alarm.com
3.0961 of 5 stars
$70.68
+1.4%
$68.83
-2.6%
+38.6%$3.53B$881.68M46.201,989Short Interest ↓
HI
Hillenbrand
4.5736 of 5 stars
$49.71
+1.5%
$61.00
+22.7%
+1.5%$3.49B$2.83B6.4410,400Short Interest ↓

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This page (NASDAQ:WIRE) was last updated on 4/14/2024 by MarketBeat.com Staff

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