Royal Bank of Canada (RY) Analysts See $1.52 EPS; Encore Wire (WIRE)’s Sentiment Is 1.5

February 17, 2018 - By Maria Brooks

Encore Wire Corporation manufactures and sells electrical building wire and cable products for interior electrical wiring in the United States. The company has market cap of $1.01 billion. The companyÂ’s products include NM-B cable, a non-metallic sheathed cable for use as interior wiring in homes, apartments, and manufactured housing; UF-B cable, an underground feeder cable for conduct power underground to outside lighting and other applications remote from buildings; and SE Style cable, a service entrance cable. It has a 20.12 P/E ratio. It also offers THHN/THWN-2 and XHHW-2 cables for use as branch circuit, feeder, and service entrance conductors in commercial and industrial buildings and structures; USE-2 cables for use in aboveground or underground applications in listed raceways for branch circuit, feeder, and service entrance conductors; and tray cables for use as branch circuit or feeders for power, lighting, control, and signal circuits for direct installations in raceways and outdoor locations.

Analysts expect Royal Bank of Canada (NYSE:RY) to report $1.52 EPS on February, 23.They anticipate $0.12 EPS change or 8.57% from last quarter’s $1.4 EPS. RY’s profit would be $2.16B giving it 13.15 P/E if the $1.52 EPS is correct. After having $1.54 EPS previously, Royal Bank of Canada’s analysts see -1.30% EPS growth. The stock decreased 0.77% or $0.62 during the last trading session, reaching $79.98. About 704,266 shares traded. Royal Bank of Canada (NYSE:RY) has risen 16.29% since February 17, 2017 and is uptrending. It has underperformed by 0.41% the S&P500.




Royal Bank of Canada, together with its subsidiaries, operates as a diversified financial service firm worldwide. The company has market cap of $113.44 billion. The company's Personal & Commercial Banking segment offers personal and business banking services, as well as auto financing and retail investment products. It has a 13.3 P/E ratio. This segment also provides a suite of financial services and products to individual, business clients, and public institutions through its branch, automated teller machines, online, mobile, and telephone banking networks, as well as through sales professionals.

Among 11 analysts covering Royal Bank Of Canada (NYSE:RY), 5 have Buy rating, 1 Sell and 5 Hold. Therefore 45% are positive. Royal Bank Of Canada had 19 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Buy” rating by Argus Research on Thursday, August 25. The firm earned “Buy” rating on Monday, November 21 by TD Securities. The firm earned “Buy” rating on Tuesday, January 30 by Bank of America. The firm earned “Hold” rating on Monday, April 3 by TD Securities. The stock of Royal Bank of Canada (NYSE:RY) has “Buy” rating given on Wednesday, September 14 by Citigroup. Argus Research initiated the shares of RY in report on Friday, July 1 with “Buy” rating. The stock of Royal Bank of Canada (NYSE:RY) earned “Buy” rating by Citigroup on Monday, August 15. Rafferty downgraded the shares of RY in report on Thursday, December 1 to “Hold” rating. The firm has “Buy” rating given on Thursday, August 27 by Bank of America. The rating was upgraded by Keefe Bruyette & Woods on Monday, February 27 to “Mkt Perform”.

Since January 1, 0001, it had 0 insider buys, and 4 sales for $2.14 million activity.

Hodges Capital Management Inc. holds 2.9% of its portfolio in Encore Wire Corporation for 960,577 shares. Lyon Street Capital Llc owns 75,702 shares or 1.31% of their US portfolio. Moreover, Forest Hill Capital Llc has 1.19% invested in the company for 92,707 shares. The Texas-based First Dallas Securities Inc. has invested 1.12% in the stock. Dean Capital Management, a Kansas-based fund reported 52,140 shares.

The stock increased 1.90% or $0.9 during the last trading session, reaching $48.3. About 51,689 shares traded. Encore Wire Corporation (WIRE) has risen 14.61% since February 17, 2017 and is uptrending. It has underperformed by 2.09% the S&P500.

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