EPS for Encore Wire (WIRE) Expected At $0.58; Weis Markets (WMK) Has 1.02 Sentiment

July 17, 2017 - By Maria Brooks

Analysts expect Encore Wire Corporation (NASDAQ:WIRE) to report $0.58 EPS on July, 26.They anticipate $0.20 EPS change or 52.63% from last quarter’s $0.38 EPS. WIRE’s profit would be $12.12M giving it 18.32 P/E if the $0.58 EPS is correct. After having $0.65 EPS previously, Encore Wire Corporation’s analysts see -10.77% EPS growth. The stock increased 0.71% or $0.3 on July 14, reaching $42.5. About shares traded. Encore Wire Corporation (NASDAQ:WIRE) has risen 14.61% since July 17, 2016 and is uptrending. It has underperformed by 2.09% the S&P500.

Weis Markets, Inc. is engaged principally in the retail sale of food in Pennsylvania and surrounding states. The company has market cap of $1.26 billion. The Company’s retail food stores sell groceries, dairy products, frozen foods, meats, seafood, fresh produce, floral, pharmacy services, deli products, prepared foods, bakery products, beer and wine, fuel and general merchandise items, such as health and beauty care and household products. It has a 16.07 P/E ratio. As of December 31, 2016, it had owned and operated approximately 204 retail food stores.

It closed at $47.12 lastly. It is down 15.75% since July 17, 2016 and is uptrending. It has underperformed by 0.95% the S&P500.

Morgan Dempsey Capital Management Llc holds 1.55% of its portfolio in Weis Markets, Inc. for 80,989 shares. Dalton Greiner Hartman Maher & Co owns 234,437 shares or 0.92% of their US portfolio. Moreover, Martin & Co Inc Tn has 0.54% invested in the company for 24,720 shares. The Connecticut-based Zebra Capital Management Llc has invested 0.3% in the stock. Denali Advisors Llc, a California-based fund reported 14,855 shares.

Since February 17, 2017, it had 0 insider buys, and 1 insider sale for $1.34 million activity. 27,500 shares were sold by BILBAN FRANK J, worth $1.34 million.

Encore Wire Corporation is a manufacturer of electrical building wire and cable. The company has market cap of $888.08 million. The Firm is a supplier of building wire for interior electrical wiring in commercial and industrial buildings, homes, apartments, and manufactured housing. It has a 22.74 P/E ratio. The Firm makes electric building wire, principally NM-B cable, for use primarily as interior wiring in homes, apartments and manufactured housing, and THHN/THWN-2 cable and metal-clad and armored cable for use primarily as wiring in commercial and industrial buildings.

Among 2 analysts covering Encore Wire (NASDAQ:WIRE), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Encore Wire had 3 analyst reports since August 18, 2015 according to SRatingsIntel. Singular Research initiated Encore Wire Corporation (NASDAQ:WIRE) on Tuesday, May 31 with “Buy” rating.

Investors sentiment increased to 0.94 in 2016 Q4. Its up 0.06, from 0.88 in 2016Q3. It increased, as 19 investors sold Encore Wire Corporation shares while 43 reduced holdings. 14 funds opened positions while 44 raised stakes. 18.59 million shares or 2.38% more from 18.15 million shares in 2016Q3 were reported. Keybank Association Oh holds 0.01% or 34,500 shares in its portfolio. Sandy Spring Bancorp holds 0% of its portfolio in Encore Wire Corporation (NASDAQ:WIRE) for 314 shares. Aqr Ltd Limited Liability Company holds 66,022 shares. Secor Ltd Partnership holds 29,395 shares or 0.16% of its portfolio. Pinebridge Invs Ltd Partnership accumulated 20,909 shares or 0.03% of the stock. Salem Invest Counselors has invested 0% of its portfolio in Encore Wire Corporation (NASDAQ:WIRE). Pennsylvania-based Wealthtrust Axiom Ltd Liability Com has invested 0.17% in Encore Wire Corporation (NASDAQ:WIRE). Vanguard Gp holds 0% or 1.68M shares. Georgia-based Suntrust Banks Incorporated has invested 0% in Encore Wire Corporation (NASDAQ:WIRE). Great West Life Assurance Can holds 0% or 27,379 shares. Blackrock Institutional Na accumulated 555,598 shares. Girard Prtnrs Ltd reported 5,248 shares or 0.07% of all its holdings. 13 were accumulated by Qs Invsts Ltd Llc. Nationwide Fund Advsrs accumulated 16,074 shares. Hodges Mngmt accumulated 809,637 shares.

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