WIRE vs. MLI, KALU, FELE, SEE, VMI, VRRM, SLGN, TEX, MSM, and ENS
Should you be buying Encore Wire stock or one of its competitors? The main competitors of Encore Wire include Mueller Industries (MLI), Kaiser Aluminum (KALU), Franklin Electric (FELE), Sealed Air (SEE), Valmont Industries (VMI), Verra Mobility (VRRM), Silgan (SLGN), Terex (TEX), MSC Industrial Direct (MSM), and EnerSys (ENS). These companies are all part of the "industrial products" sector.
Mueller Industries (NYSE:MLI) and Encore Wire (NASDAQ:WIRE) are both mid-cap industrial products companies, but which is the better investment? We will compare the two companies based on the strength of their earnings, analyst recommendations, institutional ownership, community ranking, risk, media sentiment, valuation, dividends and profitability.
94.5% of Mueller Industries shares are held by institutional investors. Comparatively, 99.8% of Encore Wire shares are held by institutional investors. 2.8% of Mueller Industries shares are held by company insiders. Comparatively, 7.2% of Encore Wire shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Mueller Industries has higher revenue and earnings than Encore Wire. Mueller Industries is trading at a lower price-to-earnings ratio than Encore Wire, indicating that it is currently the more affordable of the two stocks.
Mueller Industries has a beta of 1.08, meaning that its share price is 8% more volatile than the S&P 500. Comparatively, Encore Wire has a beta of 1.31, meaning that its share price is 31% more volatile than the S&P 500.
Mueller Industries has a net margin of 17.22% compared to Mueller Industries' net margin of 12.45%. Encore Wire's return on equity of 24.69% beat Mueller Industries' return on equity.
Encore Wire has a consensus target price of $273.33, suggesting a potential downside of 2.73%. Given Mueller Industries' higher possible upside, analysts clearly believe Encore Wire is more favorable than Mueller Industries.
Encore Wire received 78 more outperform votes than Mueller Industries when rated by MarketBeat users. However, 61.66% of users gave Mueller Industries an outperform vote while only 57.78% of users gave Encore Wire an outperform vote.
In the previous week, Mueller Industries had 13 more articles in the media than Encore Wire. MarketBeat recorded 16 mentions for Mueller Industries and 3 mentions for Encore Wire. Encore Wire's average media sentiment score of 0.82 beat Mueller Industries' score of 0.81 indicating that Mueller Industries is being referred to more favorably in the media.
Mueller Industries pays an annual dividend of $0.80 per share and has a dividend yield of 1.4%. Encore Wire pays an annual dividend of $0.08 per share and has a dividend yield of 0.0%. Mueller Industries pays out 16.0% of its earnings in the form of a dividend. Encore Wire pays out 0.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Mueller Industries has raised its dividend for 4 consecutive years. Mueller Industries is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Summary
Mueller Industries beats Encore Wire on 11 of the 19 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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