WIRE vs. ARNC, MLI, KALU, NX, TG, ENPH, GNRC, AYI, FELE, and ENS
Should you be buying Encore Wire stock or one of its competitors? The main competitors of Encore Wire include Arconic (ARNC), Mueller Industries (MLI), Kaiser Aluminum (KALU), Quanex Building Products (NX), Tredegar (TG), Enphase Energy (ENPH), Generac (GNRC), Acuity Brands (AYI), Franklin Electric (FELE), and EnerSys (ENS).
Encore Wire (NASDAQ:WIRE) and Arconic (NYSE:ARNC) are both mid-cap industrial products companies, but which is the better business? We will compare the two companies based on the strength of their dividends, valuation, earnings, community ranking, analyst recommendations, media sentiment, profitability, institutional ownership and risk.
99.8% of Encore Wire shares are owned by institutional investors. Comparatively, 91.2% of Arconic shares are owned by institutional investors. 5.6% of Encore Wire shares are owned by insiders. Comparatively, 0.8% of Arconic shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Encore Wire has a beta of 1.28, indicating that its share price is 28% more volatile than the S&P 500. Comparatively, Arconic has a beta of 1.82, indicating that its share price is 82% more volatile than the S&P 500.
Encore Wire has a net margin of 12.45% compared to Arconic's net margin of -3.12%. Encore Wire's return on equity of 17.77% beat Arconic's return on equity.
Encore Wire presently has a consensus price target of $273.33, suggesting a potential downside of 5.33%. Given Encore Wire's higher probable upside, analysts plainly believe Encore Wire is more favorable than Arconic.
Arconic received 50 more outperform votes than Encore Wire when rated by MarketBeat users. However, 57.29% of users gave Encore Wire an outperform vote while only 54.97% of users gave Arconic an outperform vote.
In the previous week, Encore Wire had 7 more articles in the media than Arconic. MarketBeat recorded 7 mentions for Encore Wire and 0 mentions for Arconic. Encore Wire's average media sentiment score of 0.99 beat Arconic's score of 0.90 indicating that Encore Wire is being referred to more favorably in the media.
Encore Wire has higher earnings, but lower revenue than Arconic. Arconic is trading at a lower price-to-earnings ratio than Encore Wire, indicating that it is currently the more affordable of the two stocks.
Summary
Encore Wire beats Arconic on 13 of the 16 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding WIRE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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