MLI vs. WIRE, GTLS, BERY, ADT, ESAB, FLS, TKR, AA, SITE, and MIDD
Should you be buying Mueller Industries stock or one of its competitors? The main competitors of Mueller Industries include Encore Wire (WIRE), Chart Industries (GTLS), Berry Global Group (BERY), ADT (ADT), ESAB (ESAB), Flowserve (FLS), Timken (TKR), Alcoa (AA), SiteOne Landscape Supply (SITE), and Middleby (MIDD). 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 superior business? We will compare the two businesses based on the strength of their community ranking, risk, profitability, dividends, institutional ownership, valuation, analyst recommendations, earnings and media sentiment.
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 a net margin of 17.22% compared to Encore Wire's net margin of 12.45%. Mueller Industries' return on equity of 24.69% beat Encore Wire's return on equity.
94.5% of Mueller Industries shares are owned by institutional investors. Comparatively, 99.8% of Encore Wire shares are owned by institutional investors. 2.8% of Mueller Industries shares are owned by company insiders. Comparatively, 5.6% of Encore Wire shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
In the previous week, Mueller Industries had 5 more articles in the media than Encore Wire. MarketBeat recorded 12 mentions for Mueller Industries and 7 mentions for Encore Wire. Mueller Industries' average media sentiment score of 1.25 beat Encore Wire's score of 1.11 indicating that Mueller Industries is being referred to more favorably in the media.
Mueller Industries has a beta of 1.08, indicating that its share price is 8% more volatile than the S&P 500. Comparatively, Encore Wire has a beta of 1.28, indicating that its share price is 28% more volatile than the S&P 500.
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 57.42% of users gave Encore Wire an outperform vote.
Encore Wire has a consensus target price of $273.33, indicating a potential downside of 2.58%. Given Encore Wire's higher probable upside, analysts clearly believe Encore Wire is more favorable than Mueller Industries.
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.
Summary
Mueller Industries beats Encore Wire on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding MLI 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 NYSE 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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