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NASDAQ:WIRE - Encore Wire Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $190.00
  • Forecasted Upside: 53.95 %
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$123.42 As of 08/10/2022 11:42 AM ET
▲ +2.67 (2.21%)

This chart shows the closing price for WIRE by one month, three months, or twelve months.

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Analyst Price Target for WIRE

Analyst Price Target is $190.00
▲ +53.95% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Encore Wire in the last 3 months. The average price target is $190.00, with a high forecast of $190.00 and a low forecast of $190.00. The average price target represents a 53.95% upside from the last price of $123.42.

This chart shows the closing price for WIRE for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 1 polled investment analysts is to buy stock in Encore Wire. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
2/16/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
5/17/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
8/15/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
11/13/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
2/11/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/12/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
7/11/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
8/10/2022

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
7/27/2022DA DavidsonBoost Price TargetOutperform$175.00 ➝ $190.00Low
5/2/2022DA DavidsonBoost Price Target$150.00 ➝ $175.00High
10/28/2021DA DavidsonBoost Price TargetBuy$115.00 ➝ $150.00High
2/18/2021DA DavidsonBoost Price Target$70.00 ➝ $80.00Low
1/21/2021SidotiDowngradeBuy ➝ Neutral$59.00 ➝ $65.00High
12/30/2020DA DavidsonBoost Price Target$59.00 ➝ $70.00N/A
11/16/2020DA DavidsonUpgradeNeutral ➝ Buy$59.00High
10/28/2020SidotiBoost Price TargetBuy$57.00 ➝ $59.00High
4/30/2020DA DavidsonDowngradeBuy ➝ Neutral$60.00 ➝ $56.00High
2/19/2020SidotiLower Price TargetBuy$68.00 ➝ $66.00High
6/3/2019SidotiUpgradeNeutral ➝ BuyHigh
2/13/2019SidotiDowngradeBuy ➝ Neutral$58.00High
12/4/2018DA DavidsonSet Price TargetBuy$60.00High
8/2/2018DA DavidsonSet Price TargetBuy ➝ Buy$60.00Low
5/2/2018DA DavidsonUpgradeNeutral ➝ BuyHigh
2/23/2018DA DavidsonBoost Price TargetNeutral$54.00Low
12/6/2017SidotiUpgradeNeutral ➝ Buy$58.00High
10/19/2017SidotiInitiated CoverageNeutralN/A
(Data available from 8/10/2017 forward)

News Sentiment Rating

0.62 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
1/12/2022
  • 1 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
2/11/2022
  • 2 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/13/2022
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/12/2022
  • 3 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
5/12/2022
  • 2 very positive mentions
  • 5 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
6/11/2022
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/11/2022
  • 8 very positive mentions
  • 12 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
8/10/2022

Current Sentiment

  • 8 very positive mentions
  • 12 positive mentions
  • 2 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Encore Wire logo
Encore Wire Corporation manufactures and sells electrical building wires and cables for interior electrical wiring in the United States. The company's products include NM-B cables for use as interior wiring in homes, apartments, and manufactured housing; THHN/THWN-2 cables and metal-clad and armored cables for use as wiring in commercial and industrial buildings; UF-B cables; XHHW-2 cables; RHH/RHW-2 cables; USE-2 cables; and other types of wire products. It sells its products to wholesale electrical distributors primarily through independent manufacturers' representatives. Encore Wire Corporation was incorporated in 1989 and is headquartered in McKinney, Texas.
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Today's Range

Now: $123.42
Low: $122.00
High: $124.10

50 Day Range

MA: $116.69
Low: $97.47
High: $146.03

52 Week Range

Now: $123.42
Low: $82.00
High: $151.64

Volume

1,749 shs

Average Volume

255,956 shs

Market Capitalization

$2.36 billion

P/E Ratio

3.62

Dividend Yield

0.07%

Beta

1.27

Frequently Asked Questions

What sell-side analysts currently cover shares of Encore Wire?

The following Wall Street analysts have issued reports on Encore Wire in the last year: DA Davidson, and StockNews.com.
View the latest analyst ratings for WIRE.

What is the current price target for Encore Wire?

1 Wall Street analysts have set twelve-month price targets for Encore Wire in the last year. Their average twelve-month price target is $190.00, suggesting a possible upside of 57.3%. DA Davidson has the highest price target set, predicting WIRE will reach $190.00 in the next twelve months. DA Davidson has the lowest price target set, forecasting a price of $190.00 for Encore Wire in the next year.
View the latest price targets for WIRE.

What is the current consensus analyst rating for Encore Wire?

Encore Wire currently has 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe WIRE will outperform the market and that investors should add to their positions of Encore Wire.
View the latest ratings for WIRE.

What other companies compete with Encore Wire?

Other companies that are similar to Encore Wire include Brady, EnerSys, Belden, FuelCell Energy and Vicor. Learn More about companies similar to Encore Wire.

How do I contact Encore Wire's investor relations team?

Encore Wire's physical mailing address is 1329 MILLWOOD RD, MCKINNEY TX, 75069. The electronics maker's listed phone number is (972) 562-9473. The official website for Encore Wire is www.encorewire.com. Learn More about contacing Encore Wire investor relations.