![]() Story continues Are Encore Wire Insiders Aligned With All Shareholders? Shareholders will be hopeful that this is a sign of the company reaching an inflection point. Year on year growth of 86% is certainly a sight to behold. Outstandingly, Encore Wire's EPS shot from US$20.65 to US$38.46, over the last year. As a result, we'll zoom in on growth over the last year, instead. In the last three years Encore Wire's earnings per share took off so much so that it's a bit disingenuous to use these figures to try and deduce long term estimates. ![]() View our latest analysis for Encore Wire How Fast Is Encore Wire Growing Its Earnings Per Share? ![]() Even if this company is fairly valued by the market, investors would agree that generating consistent profits will continue to provide Encore Wire with the means to add long-term value to shareholders. So if this idea of high risk and high reward doesn't suit, you might be more interested in profitable, growing companies, like Encore Wire ( NASDAQ:WIRE). A loss-making company is yet to prove itself with profit, and eventually the inflow of external capital may dry up. Sometimes these stories can cloud the minds of investors, leading them to invest with their emotions rather than on the merit of good company fundamentals. The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even companies that have no revenue, no profit, and a record of falling short, can manage to find investors. ![]()
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