Should I buy Encore Wire (WIRE)

The X Industry values displayed in this column are the median values for all of the stocks within their respective industry. When evaluating a stock, it can be useful to compare it to its industry as a point of reference. Moreover, when comparing stocks in different industries, it can become even more important to look at the relative measures, since different stocks in different industries have different values that are considered normal.

For example, a regional bank would be classified in the Finance Sector. Within the Finance Sector, it would fall into the M Industry of Banks & Thrifts. And within the M Industry, it might further be delineated into the X Industry group called Banks Northeast. This allows the investor to be as broad or as specific as they want to be when selecting stocks.

The X Industry (aka Expanded Industry ) is a subset of the M (Medium Sized) Industry, which is a subset of the larger Sector category, which is used to classify all of the stocks in the Zacks Universe. The Zacks database contains over 10,000 stocks. All of those stocks are classified into three groups: Sector, M Industry and X Industry. There are 17 Sectors, 60 different M Industries, and 265 X Industries.

Zacks Rank

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return

1

Strong Buy 24.18%

2

Buy 17.85%

3

Hold 9.34%

4

Sell 5.12%

5

Strong Sell 2.62% S&P 500 10.88%

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2

 

2

3

2

VGM Score

The VGM Score are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The VGM score is based on the trading styles of Growth, VAlue, and Momentum.

Within the VGM Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy srocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores.

B

 

A

B

A

Cash/Price

The Cash/Price ratio is calculated as cash and marketable securities per share divided by the stock price. This is also referred to as the cash yield.

Like the earnings yield, which shows the anticipated yield (or return) on a stock based on the earnings and the price paid, the cash yield does the same, but with cash being the numerator instead of earnings. For example, a cash/price ratio, or cash yield, of .08 suggests an 8% return or 8 cents for every $1 of investment.

0.15 0.150.170.060.12 EV/EBITDA

Enterprise Value / Earnings Before Interest, Taxes, Depreciation and Amortization is a valuation metric used to measure a company's value and is helpful in comparing one stock to another.

Enterprise Value (EV) is Market Capitalization + Debt - Cash. Many investors prefer EV to just Market Cap as a better way to determine the value of a company. EBITDA, as the acronym depicts, is earnings before interest, taxes, depreciation and amortization. That means these items are added back into the net income to produce this earnings number. Since there is a fair amount of discretion in what's included and not included in the 'ITDA' portion of this calculation, it is considered a non-GAAP metric. The EV/EBITDA ratio is a valuation multiple and is often used in addition, or as an alternative, to the P/E ratio. And like the P/E ratio, a lower number is typically considered 'better' than a higher number.

6.07 8.279.996.5610.97 PEG Ratio

The PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone.

Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it does't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.

NA 2.28NANA2.28 Price/Book (P/B)

The Price to Book ratio or P/B is calculated as market capitalization divided by its book value. (Book value is defined as total assets minus liabilities, preferred stocks, and intangible assets.) In short, this is how much a company is worth. Investors use this metric to determine how a company's stock price stacks up to its intrinsic value.

A P/B of 1 means it's selling at its per share book value. A P/B of 2 means it's selling at 2 times its book value. A P/B of 0.5 means its selling at half its book value. Note; companies will typically sell for more than their book value in much the same way that a company will sell at a multiple of its earnings. The median P/B ratio for stocks in the S&P is just over 3. While a P/B of less than 3 would mean it's trading at a discount to the market, different industries have different median P/B values. So, as with other valuation metrics, it's a good idea to compare it to its relevant industry.

2.12 2.123.114.212.07 Price/Cash Flow (P/CF)

The Price to Cash Flow ratio or P/CF is price divided by its cash flow per share. It's another great way to determine whether a company is undervalued or overvalued with the denominator being cash flow.

One of the reasons why some investors prefer the P/CF ratio over the P/E ratio is because the net income of the cash flow portion rightly adds depreciation and amortization back in since these are not cash expenditures. In contrast, the net income that goes into the earnings portion of the P/E ratio does not add these in, thus artificially reducing the income and skewing the P/E ratio. Like the P/E ratio, a lower number is considered better. A value under 20 is generally considered good. Our testing substantiates this with the optimum range for price performance between 0-20.

9.15 9.159.257.8615.99 P/E (F1)

The Price to Earnings ratio or P/E is price divided by earnings. It is the most commonly used metric for determining a company's value relative to its earnings. In this example, we are using the consensus earnings estimate for the Current Fiscal Year (F1).

A stock with a P/E ratio of 20, for example, is said to be trading at 20 times its annual earnings. In general, a lower number or multiple is usually considered better that a higher one. Value investors will typically look for stocks with P/E ratios under 20, while growth investors and momentum investors are often willing to pay much more. Aside from using absolute numbers, however, you can also find value by comparing the P/E ratio to its relevant industry and its peers.

14.20 15.2716.3310.1827.33 Price/Sales (P/S)

The Price to Sales ratio or P/S is calculated as price divided by sales. After the P/E ratio, it's one of the most common valuation metrics.

If the P/S ratio is 1, that means you're paying $1 for every $1 of sales the company makes. A P/S ratio of 2 means you're paying $2 for every $1 of sales the company makes. In general, the lower the ratio is the better. For example, a P/S ratio of 0.5 means you're paying 50 cents for every $1 of sales the company makes. One of the reasons some investors prefer the P/S ratio over other metrics like the P/E ratio is because sales are harder to manipulate on an income statement than earnings. While our testing has found that a P/S ratio of <2 is the optimum range for returns, be sure to compare this ratio to its respective industry.

1.44 1.431.421.821.14 Earnings Yield

The Earnings Yield (also known as the E/P ratio) measures the anticipated yield (or return) an investment in a stock could give you based on the earnings and the price paid. It is essentially the inverse of the P/E ratio. It's calculated as earnings divided by price.

For example, a stock trading at $35 with earnings of $3 would have an earnings yield of 0.0857 or 8.57%. A yield of 8.57% also means 8.57 cents of earnings for $1 of investment. The most common way this ratio is used is to compare it to other stocks and to compare it to the 10 Year T-Bill. Conventional wisdom also has it that if the yield on the stock market (S&P 500 for example) is lower that the yield on the 10 Yr., then stocks would be considered overvalued. Conversely, if the yield on stocks is higher than the 10 Yr., then stocks would be considered undervalued. Since bonds and stocks compete for investors' dollars, a higher yield typically needs to be paid to the stock investor for the extra risk being assumed vs. the virtual risk-free investment offered in U.S.-backed Treasuries.

7.04% 6.58%6.12%9.83%3.66% Debt/Equity

Debt to Equity (or D/E ratio) is total liabilities divided by total shareholder equity. It is used to help gauge a company's financial health.

A higher number means the company has more debt to equity, whereas a lower number means it has less debt to equity. A D/E ratio of 1 means its debt is equivalent to its common equity. When comparing this ratio to different stocks in different industries, take note that some businesses are more capital intensive than others. A D/E ratio of 2 might be par for the course in one industry, while 0.50 would be considered normal for another. So it's a good idea to compare a stock's debt to equity ratio to its industry to see how it stacks up to its peers first.

0.00 0.021.030.510.00 Cash Flow ($/share)

Cash Flow per share ($/share) calculates the amount of incoming cash vs. the amount of outgoing cash for a company. Cash flow can be found on the cash flow statement. It's then divided by the number of shares outstanding to determine how much cash is generated per share. It's used by investors as a measure of financial health.

Cash is vital to a company in order to finance operations, invest in the business, pay expenses, etc. Since cash can't be manipulated like earnings can, it's a preferred metric for analysts. Using this item along with the 'Current Cash Flow Growth Rate' (in the Growth category above), and the 'Price to Cash Flow ratio' (several items above in this same Value category), will give you a well-rounded indication of the amount of cash they are generating, the rate of their cash flow growth, and the stock price relative to its cash flow.

25.64 9.419.4121.912.22

They are like a parasite making money from your hard work. I searched an awful lot of different types of images and Wirestock never was one the first 3 pages on SS. I will not use them.

Why would anyone expect WS to have a better rank than any individual? It's just an account, nothing featured or special? Does WS promise better placement and I missed that? They are an easy distribution system, for me, nothing more. A shortcut and resource to connect my images to many outlets. In effect I pay the 15% for that.

I sometimes feel that agencies tweak their search trying to give equal chance to contributors.
Wirestock is no-otter than just a contributor in these agencies, so even if they gain millions of images.. their downloads will be consistent.

They do. Alamy tells us so. Other places have image ranks that are easy to recognize, they might have image and artist diversity.

I'd agree, many pros and cons to using Wirestock, I have mixed use and just use them for minor agencies. Not for Adobe or SS. But WS is just another contributor.

I'd rate the keywording as poor rather than 'very bad' I usually submit a short description for info not evident in picture - eg,  location or specific name of a temple, etc

One big advantage is agencies accept from Wirestock images they reject as non-licensable from me - eg, 17th-18th c maps!

but biggest pro, is 'instant pay' which makes them one of my top performers, & this for images I likely wouldn't have submitted (i still have thousands of images to process, mostly from 4 months of travel in late 2019, early 2020)

OK "Poor".  It's generic when people don't include details or their own keywords. When I do have my data already with the images, WS keywording is as good as anyplace else, at the very least.

True I forgot to remember  they do accept some materials that some agencies do not. Maps for one. I also upload rejects from some, and they got accepted when I added them through WS. Not that it's a plan to skirt rules, or anything good, but just mentioning that last part.

True I have received more income from "Instant Pay" than from any individual agency sales, through WS, in 2021.

Lastly, since we're part of a large group, they can quickly rise up the Shutterstock tiers which is a big pro.

And at any other site that has levels. Like Alamy next year at 40% instead of 20%. That covers the 15% fee, if both those two are considered.

Thanks all for your insights!

Happy New Year to you all!

So I understand that the only actual advantages would be then that you reach your payout level sooner and where commission tiers are in place you'd get a larger commission.

Sorry that's just two of the advantages, not "the only". I've listed them before, I don't have an account at a number of agencies that WS distributes to. I like that. They do add keywords to the ones I supply and also, sometimes revise the description. Income and level gains and there are more.

I just thought of another possible disadvantage, if I delete an image, how do I know if the partner agency will respond or how they will be notified. But this is Microstock. We don't control our assets, and once someone uploads to the agencies, kiss your work goodbye and wish it well, there's a big mean world out there looking to use and take advantage of our work.

What would be ideal is even if we have to sell through agencies that there would be a system in which the content stays on our hard drives, on our computers, we stay logged in and when a sale happens and a buyer buys the video or photo it's pulled from our drive not their AWS server.

You're kidding right? Imagine the store, drawing products from everyone's home closets, when someone buys something, instead of having a warehouse. Home systems are slow. Home systems are not reliably connected. Systems vary, the software and capabilities. The whole idea of sales pulled from home computers is insane!

I prefer submit and keep ,,everything possible,, under my control. I tested, but I am not big fan for this type agencies.

See above, once you upload, anything to any agency, the control is over. Hidden partners, shared to other sites, we really don't have much control of our own work, after it's on the Internet, unfortunately.

"How is Wirestock doing for you this year?"

It makes some extra money in different ways than what I earn from others on my own. Pretty simple?

Wirestock is not for everyone.

Why would anyone expect WS to have a better rank than any individual? It's just an account, nothing featured or special? Does WS promise better placement and I missed that? They are an easy distribution system, for me, nothing more. A shortcut and resource to connect my images to many outlets. In effect I pay the 15% for that.They do. Alamy tells us so. Other places have image ranks that are easy to recognize, they might have image and artist diversity.I'd agree, many pros and cons to using Wirestock, I have mixed use and just use them for minor agencies. Not for Adobe or SS. But WS is just another contributor.OK "Poor".It's generic when people don't include details or their own keywords. When I do have my data already with the images, WS keywording is as good as anyplace else, at the very least.True I forgot to rememberthey do accept some materials that some agencies do not. Maps for one. I also upload rejects from some, and they got accepted when I added them through WS. Not that it's a plan to skirt rules, or anything good, but just mentioning that last part.True I have received more income from "Instant Pay" than from any individual agency sales, through WS, in 2021.And at any other site that has levels. Like Alamy next year at 40% instead of 20%. That covers the 15% fee, if both those two are considered.Sorry that's just two of the advantages, not "the only". I've listed them before, I don't have an account at a number of agencies that WS distributes to. I like that. They do add keywords to the ones I supply and also, sometimes revise the description. Income and level gains and there are more.I just thought of another possible disadvantage, if I delete an image, how do I know if the partner agency will respond or how they will be notified. But this is Microstock. We don't control our assets, and once someone uploads to the agencies, kiss your work goodbye and wish it well, there's a big mean world out there looking to use and take advantage of our work.You're kidding right? Imagine the store, drawing products from everyone's home closets, when someone buys something, instead of having a warehouse. Home systems are slow. Home systems are not reliably connected. Systems vary, the software and capabilities. The whole idea of sales pulled from home computers is insane!See above, once you upload, anything to any agency, the control is over. Hidden partners, shared to other sites, we really don't have much control of our own work, after it's on the Internet, unfortunately."How is Wirestock doing for you this year?"It makes some extra money in different ways than what I earn from others on my own. Pretty simple?