Encore Wire Corp

Encore Wire Corp (WIRE) Stock Analysis

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Encore Wire Corporation is a manufacturer of electrical wire and cables, which is used to distribute power from the transmission grid to the wall outlet or switch. The Company offers an electrical building wire product line that consists primarily of NM-B cable, UF-B cable, THHN/THWN-2, XHHW-2, USE-2, RHH/RHW-2 and other types of wire products, including service entrance unarmored (SEU), service entrance cable (SER), photovoltaic, underground residential distribution wire (URD), tray cable, metal-clad and armored cable. The Company sells its products through manufacturers’ representatives to wholesale electrical distributors servicing the residential, commercial, industrial, and renewable energy sectors. The Company serves various markets, such as healthcare, data center, airport expansion, military bases, oil and gas, transit, wastewater treatment, school construction, and power generation. The Company’s products are made in America at its vertically integrated site, Texas campus.

Analyst Ratings (2)

Hold
0 Buy
2 Hold
0 Sell
Current: —
Low
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Average
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High
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CJS Securities

2024-04-19

Price Target

—

Hold

Sidoti & Co.

2024-04-16

Price Target

$290

Hold

DA Davidson

2024-04-16

Price Target

$295

Hold

Sidoti & Co.

2021-01-21

Price Target

—

Hold

Sidoti & Co.

2020-10-28

Price Target

—

Strong Buy

WIRE FAQ — answered by Alphio AI

Encore Wire Corporation is a manufacturer of electrical wire and cables, which is used to distribute power from the transmission grid to the wall outlet or switch. The Company offers an electrical building wire product line that consists primarily of NM-B cable, UF-B cable, THHN/THWN-2, XHHW-2, USE-2, RHH/RHW-2 and other types of wire products, including service entrance unarmored (SEU), service entrance cable (SER), photovoltaic, underground residential distribution wire (URD), tray cable, metal-clad and armored cable. The Company sells its products through manufacturers’ representatives to wholesale electrical distributors servicing the residential, commercial, industrial, and renewable energy sectors. The Company serves various markets, such as healthcare, data center, airport expansion, military bases, oil and gas, transit, wastewater treatment, school construction, and power generation. The Company’s products are made in America at its vertically integrated site, Texas campus. It operates in the Industrials sector (ROLLING DRAWING & EXTRUDING OF NONFERROUS METALS industry).

2 analysts cover WIRE: 0 rate it Buy, 2 Hold and 0 Sell.

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