Understanding the Financial Metrics of Encore Wire: A Comprehensive Analysis

As a publicly traded company, Encore Wire provides investors and analysts with access to a range of financial metrics that help assess its performance and potential. In this article, we will delve into some of the key metrics that can be used to evaluate Encore Wire's financial health and prospects.

Firstly, let's look at the 60-Month Beta, which measures the volatility of Encore Wire's returns relative to the market (S&P 500). A beta of less than 1 indicates that the company's stock is less volatile than the broader market, while a beta greater than 1 suggests that it is more volatile.

In terms of its financial performance, Encore Wire has reported strong results in recent quarters. In the last quarter, the company recorded net income of $'Last Quarter Net Income' million and sales of $'Last Quarter Sales' million. On an annual basis, Encore Wire's net income stood at $'Annual Net Income' million, while its annual sales reached $'Annual Sales' million.

Another important metric to consider is the number of shares outstanding, which currently stands at 'Shares Outstanding' thousand shares. This figure can be used to calculate various other financial metrics, such as the company's market capitalization and enterprise value.

Speaking of market capitalization, Encore Wire's current market cap is $'Market Capitalization' million, which represents the total value of all outstanding shares. This figure can be used to evaluate the company's size and relative valuation compared to its peers.

In addition to these metrics, Encore Wire's Profile page provides a range of other information about the company, including its ticker symbol, exchange, CEO/President, and company description. By analyzing these various financial metrics and other data points, investors can gain a better understanding of Encore Wire's financial health and prospects for future growth.

Overall, by examining these key financial metrics and other data points, investors can gain a more comprehensive understanding of Encore Wire's performance and potential. With its strong financial results and growing market share, Encore Wire appears well-positioned for continued success in the years to come.

Encore wire