Houston Wire & Cable Company (HWCC): Under The Radar Now

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KeyBanc Capital Mkts raised the price target for the Houston Wire & Cable Company (NASDAQ:HWCC) stock to “a Sector weight”. The rating was released on December 01, 2016. We previously noted in another research note published on August 18, 2015 by Raymond James that upgraded the stock from an Underperform to a Mkt perform for HWCC stock. The research report from Robert W. Baird has downgraded the stock from Outperform to Neutral, with a price target set at $14. The stock was upgraded by Robert W. Baird, who disclosed in a research note on April 05, 2010, from Neutral to Outperform and set the price objective to $15. In their research brief published August 12, 2008, Piper Jaffray analysts downgraded the Houston Wire & Cable Company stock from Buy to Neutral.

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Historical Earnings Surprises and Revenue Forecasts

Profit is the most critical financial performance measure. Every investor in a business is looking forward to the earnings report as stock price to increase when earnings exceed market expectations and progressively decrease when earnings do not meet expectations. The firm reported an earnings per share (EPS) of $0.12 during the last quarter as opposed to a consensus estimate of $0.04, which indicates the company beat its estimate by $0.08, which implies that the company surprised the market by 200.00%. It appears that the average earnings per share estimate for the current quarter (ending in Mar 2018) is $0. This is an average of 0 analysts’ earnings, where the high earnings per share estimate is $0 and the low earnings per share estimate is $0. According to 1 analyst estimates, an average revenue estimate of $84.8M is projected for the current quarter with a high revenue estimate of $84.8M and a low estimate of $84.8M.

The latest trade, Performances and Moving Averages give us the following Picture

The share price of Houston Wire & Cable Company (NASDAQ:HWCC) raised 37.63% to close Thursday’s market session at $5.23, higher as compared to yesterday’s close. The stock price fluctuated between $5.20 and $5.68 throughout the trading session with the volume trading being 8183176 shares, which represented a significant variation when compared to the three months average volume of 122.90K shares. The firm’s stock price fluctuated 42.12% within the last five trades and 25.12% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 97.36% in the last 6 months and 101.15% was added to its value over the previous 3 months. HWCC stock is trading at a margin of 34.83%, 37.43% and 77.21% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.

As of the close of trading, HWCC deals in the Industrials domain. The stock is trading 10.11 percent below its 52-week high and 181.18 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 144.07. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.

What Does Houston Wire & Cable Company’s Profitability and Valuation Ratios Tell Us About the Stock?

With regard to the profitability of the company, the operating margin is currently at -0.40 percent and the profit margin is -1.00 percent, and the company has reported a gross margin of 22.30 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.

The stock’s market cap achieved a total value of $84.26 million as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The stock has achieved an effective Price-to-Sales Ratio of 0.28 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 0.85, which equates the market value of a stock with its book value.

Is Insider Trading a Real Thing?

Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 4.50 percent of Houston Wire & Cable Company shares are owned by insiders, and 66.90 percent are held by financial institutions. HALEY ROY W, the Director at Houston Wire & Cable Company (HWCC) has bought 4,673 shares of firm on Mar 26 at a price of $2.00 against the total amount of $9346.0.

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