WallStreetZenWallStreetZen

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

Analyst price target for WIRE

Based on 2 analysts offering 12 month price targets for Encore Wire Corp.
Min Forecast
$290.00+0.32%
Avg Forecast
$292.50+1.19%
Max Forecast
$295.00+2.05%

Should I buy or sell WIRE stock?

Based on 2 analysts offering ratings for Encore Wire Corp.
Hold
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
2 analysts 100%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their WIRE stock forecasts and price targets.

WIRE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-16
lockedlocked$00.00+00.00%2024-04-16

1 of 1

Forecast return on equity

Is WIRE forecast to generate an efficient return?
Company
20.41%
Industry
40.11%
Market
43.56%
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
18.13%
Industry
10.93%
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 2 years based on estimates from 1 analyst?
Avg 1 year Forecast
$21.24+9.37%
Avg 2 year Forecast
$23.44+20.7%
WIRE's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

WIRE earnings growth forecast

How is WIRE forecast to perform vs Electrical Equipment & Parts companies and vs the US market?
Company
9.37%
Industry
48.25%
Market
34.98%
WIRE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
WIRE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
WIRE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

WIRE vs Electrical Equipment & Part Stocks

TickerPricePrice TargetUp/downsideConsensus
WIRE$289.07$292.50+1.19%Hold
ENS$103.18$116.00+12.42%Buy
ATKR$136.89$187.50+36.97%Buy
AEIS$106.74$104.25-2.33%Buy
BE$14.33$15.29+6.67%Buy

Encore Wire Stock Forecast FAQ

Is Encore Wire Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NASDAQ: WIRE) stock is to Hold WIRE stock.

Out of 2 analysts, 0 (0%) are recommending WIRE as a Strong Buy, 0 (0%) are recommending WIRE as a Buy, 2 (100%) 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 2024-2025?

(NASDAQ: WIRE) Encore Wire's forecast annual earnings growth rate of 9.37% is not forecast to beat the US Electrical Equipment & Parts industry's average forecast earnings growth rate of 48.25%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 34.98%.

Encore Wire's earnings in 2024 is $316,193,000.On average, 1 Wall Street analyst forecast WIRE's earnings for 2024 to be $335,356,576, with the lowest WIRE earnings forecast at $335,356,576, and the highest WIRE earnings forecast at $335,356,576.

In 2025, WIRE is forecast to generate $370,092,191 in earnings, with the lowest earnings forecast at $370,092,191 and the highest earnings forecast at $370,092,191.

What is WIRE's forecast return on equity (ROE) for 2024-2025?

(NASDAQ: WIRE) forecast ROE is 20.41%, which is considered strong.

What is WIRE's Price Target?

According to 2 Wall Street analysts that have issued a 1 year WIRE price target, the average WIRE price target is $292.50, with the highest WIRE stock price forecast at $295.00 and the lowest WIRE stock price forecast at $290.00.

On average, Wall Street analysts predict that Encore Wire's share price could reach $292.50 by Apr 16, 2025. The average Encore Wire stock price prediction forecasts a potential upside of 1.19% from the current WIRE share price of $289.07.

What is WIRE's Earnings Per Share (EPS) forecast for 2024-2025?

(NASDAQ: WIRE) Encore Wire's current Earnings Per Share (EPS) is $19.42. On average, analysts forecast that WIRE's EPS will be $21.24 for 2024, with the lowest EPS forecast at $21.24, and the highest EPS forecast at $21.24. In 2025, WIRE's EPS is forecast to hit $23.44 (min: $23.44, max: $23.44).

What is WIRE's forecast return on assets (ROA) for 2024-2025?

(NASDAQ: WIRE) forecast ROA is 18.13%, which is higher than the forecast US Electrical Equipment & Parts industry average of 10.93%.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.