$0.04 EPS Expected for Houston Wire & Cable Company (HWCC)

March 8, 2018 - By Linda Rogers

 $0.04 EPS Expected for Houston Wire & Cable Company (HWCC)
Investors sentiment decreased to 0.67 in 2017 Q3. Its down 0.14, from 0.81 in 2017Q2. It dropped, as 5 investors sold Houston Wire & Cable Company shares while 16 reduced holdings. 3 funds opened positions while 11 raised stakes. 10.25 million shares or 4.21% less from 10.70 million shares in 2017Q2 were reported.
Thomson Horstmann & Bryant Incorporated holds 0.58% in Houston Wire & Cable Company (NASDAQ:HWCC) or 806,476 shares. Manufacturers Life Ins The holds 0% of its portfolio in Houston Wire & Cable Company (NASDAQ:HWCC) for 179 shares. Jpmorgan Chase & Company reported 7,700 shares. Moreover, Blackrock has 0% invested in Houston Wire & Cable Company (NASDAQ:HWCC). North Star Invest Mgmt Corp holds 0% or 2,000 shares in its portfolio. Tower Rech Ltd Liability Corp (Trc) owns 0% invested in Houston Wire & Cable Company (NASDAQ:HWCC) for 9,174 shares. State Street Corp invested in 0% or 10,515 shares. Pacific Ridge Cap Partners Limited has 174,700 shares for 0.26% of their portfolio. Fincl Bank Of Mellon holds 182,085 shares. F&V Capital Mgmt Limited owns 20,000 shares for 0.06% of their portfolio. Walthausen Limited Liability Company holds 0.21% or 435,199 shares. Wells Fargo & Mn has invested 0% in Houston Wire & Cable Company (NASDAQ:HWCC). Ameriprise Financial Incorporated holds 0% or 648,124 shares. Shell Asset Mngmt reported 7,221 shares. Deutsche Bankshares Ag reported 35,917 shares.

Analysts expect Houston Wire & Cable Company (NASDAQ:HWCC) to report $0.04 EPS on March, 15.They anticipate $0.12 EPS change or 150.00 % from last quarter’s $-0.08 EPS. HWCC’s profit would be $660,247 giving it 42.50 P/E if the $0.04 EPS is correct. After having $0.06 EPS previously, Houston Wire & Cable Company’s analysts see -33.33 % EPS growth. The stock decreased 1.45% or $0.1 during the last trading session, reaching $6.8. About 10,767 shares traded. Houston Wire & Cable Company (NASDAQ:HWCC) has risen 22.62% since March 8, 2017 and is uptrending. It has outperformed by 5.92% the S&P500.

Houston Wire & Cable Company (NASDAQ:HWCC) Ratings Coverage

Among 2 analysts covering Houston Wire & Cable Company (NASDAQ:HWCC), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Houston Wire & Cable Company had 6 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Market Perform” rating by Raymond James given on Tuesday, August 18. The stock has “Sector Weight” rating by KeyBanc Capital Markets on Thursday, December 1. On Friday, August 7 the stock rating was downgraded by Zacks to “Hold”.

Houston Wire & Cable Company, through its subsidiaries, sells electrical and mechanical wire and cable, industrial fasteners, hardware, and related services in the United States. The company has market cap of $112.24 million. It offers wire and cable products, including continuous and interlocked armor cables; control and power cables; electronic wires and cables; flexible and portable cords; instrumentation and thermocouple cables; lead and high temperature cables; medium voltage cables; and premise and category wires and cables, primary and secondary aluminum distribution cables, and steel wire ropes and wire rope slings, as well as synthetic fiber rope slings, chains, shackles, and other related hardware and corrosion resistant products. It currently has negative earnings. The firm also provides private branded products comprising its proprietary brand LifeGuard, a low-smoke zero-halogen cable.

More notable recent Houston Wire & Cable Company (NASDAQ:HWCC) news were published by: Globenewswire.com which released: “Houston Wire & Cable Company Elects Roy Haley to Board of Directors” on August 07, 2017, also Globenewswire.com with their article: “Houston Wire & Cable Company to Present at the Sidoti & Co. Fall 2017 …” published on September 21, 2017, Seekingalpha.com published: “Houston Wire & Cable Company’s (HWCC) CEO Jim Pokluda on Q2 2017 Results …” on August 09, 2017. More interesting news about Houston Wire & Cable Company (NASDAQ:HWCC) were released by: Seekingalpha.com and their article: “Houston Wire & Cable May Be Past The Worst” published on January 04, 2017 as well as Globenewswire.com‘s news article titled: “Jacob Boyd Joins HWC as the New Chicago Regional Manager” with publication date: June 22, 2017.

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