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Encore Wire Corp
NASDAQ:WIRE

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Encore Wire Corp Logo
Encore Wire Corp
NASDAQ:WIRE
Watchlist
Price: 280.82 USD -0.06% Market Closed
Updated: May 3, 2024

Wall Street
Price Targets

WIRE Price Targets Summary
Encore Wire Corp

Wall Street analysts forecast WIRE stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for WIRE is 297.5 USD with a low forecast of 292.9 USD and a high forecast of 309.75 USD.

Lowest
Price Target
292.9 USD
4% Upside
Average
Price Target
297.5 USD
6% Upside
Highest
Price Target
309.75 USD
10% Upside

WIRE Last Price Targets
Encore Wire Corp

The latest public price target was made on Apr 16, 2024 by Brent Thielman from D.A. Davidson , who expects WIRE stock to rise by 5% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Brent Thielman
D.A. Davidson
295 USD
Upside 5%
2 weeks ago
Apr 16, 2024
DA Davidson Downgrades Encore Wire (WIRE) to Neutral
StreetInsider
Brent Thielman
D.A. Davidson
Price Target 295 USD
Upside/Downside 5%
View Source
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Revenue
Forecast

Revenue Estimate
Encore Wire Corp

For the last 8 years the compound annual growth rate for Encore Wire Corp's revenue is 12%. The projected CAGR for the next 3 years is 9%.

12%
Past Growth
9%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Encore Wire Corp

For the last 8 years the compound annual growth rate for Encore Wire Corp's operating income is 26%. The projected CAGR for the next 3 years is -7%.

26%
Past Growth
-7%
Estimated Growth
Estimates Accuracy
8%
Average Beat

Net Income
Forecast

Net Income Estimate
Encore Wire Corp

For the last 8 years the compound annual growth rate for Encore Wire Corp's net income is 29%. The projected CAGR for the next 2 years is -12%.

29%
Past Growth
-12%
Estimated Growth
Estimates Accuracy
47%
Average Beat

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is WIRE's stock price target?
Price Target
297.5 USD

According to Wall Street analysts, the average 1-year price target for WIRE is 297.5 USD with a low forecast of 292.9 USD and a high forecast of 309.75 USD.

What is Encore Wire Corp's Revenue forecast?
Projected CAGR
9%

For the last 8 years the compound annual growth rate for Encore Wire Corp's revenue is 12%. The projected CAGR for the next 3 years is 9%.

What is Encore Wire Corp's Operating Income forecast?
Projected CAGR
-7%

For the last 8 years the compound annual growth rate for Encore Wire Corp's operating income is 26%. The projected CAGR for the next 3 years is -7%.

What is Encore Wire Corp's Net Income forecast?
Projected CAGR
-12%

For the last 8 years the compound annual growth rate for Encore Wire Corp's net income is 29%. The projected CAGR for the next 2 years is -12%.