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 $1.06 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 21.23 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.
Viking Fund Management Llc decreased Tetra Technologi (TTI) stake by 38.33% reported in 2017Q3 SEC filing. Viking Fund Management Llc sold 230,000 shares as Tetra Technologi (TTI)’s stock declined 25.00%. The Viking Fund Management Llc holds 370,000 shares with $1.06 million value, down from 600,000 last quarter. Tetra Technologi now has $508.75M valuation. The stock increased 1.86% or $0.08 during the last trading session, reaching $4.39. About 1.02 million shares traded. TETRA Technologies, Inc. (NYSE:TTI) has declined 31.41% since January 14, 2017 and is downtrending. It has underperformed by 48.11% the S&P500.
Viking Fund Management Llc increased Kimberly (NYSE:KMB) stake by 3,000 shares to 52,500 valued at $6.18M in 2017Q3. It also upped Dominion Res/Va (NYSE:D) stake by 4,000 shares and now owns 41,000 shares. Procter & Gamble (NYSE:PG) was raised too.
Analysts await TETRA Technologies, Inc. (NYSE:TTI) to report earnings on March, 7. They expect $-0.02 earnings per share, up 87.50% or $0.14 from last year’s $-0.16 per share. After $0.04 actual earnings per share reported by TETRA Technologies, Inc. for the previous quarter, Wall Street now forecasts -150.00% negative EPS growth.
Among 15 analysts covering Tetra Technologies (NYSE:TTI), 10 have Buy rating, 0 Sell and 5 Hold. Therefore 67% are positive. Tetra Technologies had 41 analyst reports since August 10, 2015 according to SRatingsIntel. Morgan Stanley maintained the shares of TTI in report on Wednesday, November 15 with “Equal-Weight” rating. Johnson Rice upgraded the stock to “Buy” rating in Tuesday, May 10 report. The company was maintained on Wednesday, October 11 by Piper Jaffray. As per Monday, July 18, the company rating was reinitiated by Credit Suisse. The stock of TETRA Technologies, Inc. (NYSE:TTI) earned “Sector Perform” rating by Howard Weil on Monday, March 28. The firm has “Hold” rating by Scotia Capital given on Thursday, January 11. The firm has “Outperform” rating given on Tuesday, May 10 by RBC Capital Markets. The stock of TETRA Technologies, Inc. (NYSE:TTI) has “Buy” rating given on Friday, June 10 by Wunderlich. As per Thursday, July 20, the company rating was maintained by RBC Capital Markets. The firm has “Outperform” rating by Credit Suisse given on Wednesday, June 1.
Investors sentiment decreased to 0.64 in 2017 Q3. Its down 0.64, from 1.28 in 2017Q2. It fall, as 25 investors sold TTI shares while 48 reduced holdings. 14 funds opened positions while 33 raised stakes. 97.84 million shares or 1.84% less from 99.68 million shares in 2017Q2 were reported. Moreover, Boston Prns has 0.02% invested in TETRA Technologies, Inc. (NYSE:TTI) for 5.18 million shares. Prudential Financial Inc accumulated 189,830 shares. Deutsche National Bank & Trust Ag holds 0% or 129,562 shares. Berkshire Asset Limited Liability Corp Pa invested in 100,000 shares. The California-based Fuller And Thaler Asset Mgmt has invested 0.28% in TETRA Technologies, Inc. (NYSE:TTI). Tortoise Capital Advsrs Ltd Liability Co invested in 104 shares or 0% of the stock. Blackrock invested in 0% or 14.61M shares. Panagora Asset Inc holds 0% or 130,728 shares in its portfolio. Ameriprise Fin reported 2.92M shares or 0% of all its holdings. Viking Fund Mngmt Ltd Limited Liability Company has 0.17% invested in TETRA Technologies, Inc. (NYSE:TTI). National Bank & Trust Of Mellon Corporation reported 0% stake. Sei Company invested 0% of its portfolio in TETRA Technologies, Inc. (NYSE:TTI). Public Employees Retirement Association Of Colorado reported 0% stake. State Street reported 2.66M shares. Nationwide Fund reported 61,629 shares.
Since January 1, 0001, it had 0 buys, and 2 sales for $606,965 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.
Analysts await Encore Wire Corporation (NASDAQ:WIRE) to report earnings on February, 15. They expect $0.47 earnings per share, down 14.55% or $0.08 from last year’s $0.55 per share. WIRE’s profit will be $9.79 million for 27.10 P/E if the $0.47 EPS becomes a reality. After $0.67 actual earnings per share reported by Encore Wire Corporation for the previous quarter, Wall Street now forecasts -29.85% negative EPS growth.
The stock increased 0.69% or $0.35 during the last trading session, reaching $50.95. About 45,046 shares traded. Encore Wire Corporation (WIRE) has risen 14.61% since January 14, 2017 and is uptrending. It has underperformed by 2.09% the S&P500.
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