Published on 11 Apr 2024 on Simply Wall St. via Yahoo Finance
Why Encore Wire Corporation (NASDAQ:WIRE) Could Be Worth Watching
Encore Wire Corporation (NASDAQ:WIRE), might not be a large cap stock, but it received a lot of attention from a substantial price increase on the NASDAQGS over the last few months. The recent share price gains has brought the company back closer to its yearly peak. As a well-established company, which tends to be well-covered by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock. But what if there is still an opportunity to buy? Let’s examine Encore Wire’s valuation and outlook in more detail to determine if there’s still a bargain opportunity.
View our latest analysis for Encore Wire
What's The Opportunity In Encore Wire?