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NASDAQ: WIRE
Encore Wire Corp Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for WIRE

Based on 1 analyst offering 12 month price targets for Encore Wire Corp.
Min Forecast
$190.00+8.71%
Avg Forecast
$190.00+8.71%
Max Forecast
$190.00+8.71%

Should I buy or sell WIRE stock?

Based on 1 analyst offering ratings for Encore Wire Corp.
Strong Buy
Strong Buy
1 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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Forecast return on equity

Is WIRE forecast to generate an efficient return?
Company
14.42%
Industry
12.63%
Market
42.69%
WIRE's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is WIRE forecast to generate an efficient return on assets?
Company
12.99%
Industry
6.13%
WIRE is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

WIRE earnings per share forecast

What is WIRE's earnings per share in the next 1 years based on estimates from 1 analyst?
Avg 1 year Forecast
$14.35-61.7%

WIRE vs Electrical Equipment & Part Stocks

TickerPricePrice TargetUp/downsideConsensus
WIRE$174.77$190.00+8.71%Strong Buy
ENS$81.50$80.00-1.84%Buy
BMI$116.97$93.00-20.49%Hold
BDC$83.71$98.80+18.03%Buy
AEIS$96.96$103.17+6.40%Buy
View Top Electrical Equipment & Part Stocks

Encore Wire Stock Forecast FAQ

Is Encore Wire Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NASDAQ: WIRE) stock is to Strong Buy WIRE stock.

Out of 1 analyst, 1 (100%) are recommending WIRE as a Strong Buy, 0 (0%) are recommending WIRE as a Buy, 0 (0%) are recommending WIRE as a Hold, 0 (0%) are recommending WIRE as a Sell, and 0 (0%) are recommending WIRE as a Strong Sell.

If you're new to stock investing, here's how to buy Encore Wire stock.

What is WIRE's earnings growth forecast for 2023-2023?

(NASDAQ: WIRE) Encore Wire's forecast annual earnings growth rate of N/A is not forecast to beat the US Electrical Equipment & Parts industry's average forecast earnings growth rate of N/A, and while it is not forecast to beat the US market's average forecast earnings growth rate of N/A.

Encore Wire's earnings in 2023 is $717,841,000.

In 2023, WIRE is forecast to generate $262,180,039 in earnings, with the lowest earnings forecast at $262,180,039 and the highest earnings forecast at $262,180,039.

What is WIRE's forecast return on equity (ROE) for 2023-2023?

(NASDAQ: WIRE) forecast ROE is 14.42%, which is considered weak.

What is WIRE's Price Target?

According to 1 Wall Street analyst that have issued a 1 year WIRE price target, the average WIRE price target is $190.00, with the highest WIRE stock price forecast at $190.00 and the lowest WIRE stock price forecast at $190.00.

The Wall Street analyst predicted that Encore Wire's share price could reach $190.00 by Jul 27, 2023. The average Encore Wire stock price prediction forecasts a potential upside of 8.71% from the current WIRE share price of $174.77.

What is WIRE's Earnings Per Share (EPS) forecast for 2023-2023?

(NASDAQ: WIRE) Encore Wire's current Earnings Per Share (EPS) is $37.47. In 2023, WIRE's EPS is forecast to hit $14.35 (min: $14.35, max: $14.35).

What is WIRE's forecast return on assets (ROA) for 2023-2023?

(NASDAQ: WIRE) forecast ROA is 12.99%, which is higher than the forecast US Electrical Equipment & Parts industry average of 6.13%.
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