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

February 24, 2018 - By Vivian Currie

 EPS for Houston Wire & Cable Company (HWCC) Expected At $0.04
Investors sentiment decreased to 0.67 in Q3 2017. Its down 0.14, from 0.81 in 2017Q2. It fall, 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.
Nationwide Fund Advsr holds 0% in Houston Wire & Cable Company (NASDAQ:HWCC) or 23,756 shares. Dimensional Fund Ltd Partnership, a Texas-based fund reported 991,134 shares. Tci Wealth Incorporated invested in 0% or 615 shares. Royal Retail Bank Of Canada has invested 0% in Houston Wire & Cable Company (NASDAQ:HWCC). Tower Research Cap Ltd Liability (Trc) holds 9,174 shares or 0% of its portfolio. Wells Fargo And Co Mn has 0% invested in Houston Wire & Cable Company (NASDAQ:HWCC) for 5,602 shares. Manufacturers Life Ins The holds 0% of its portfolio in Houston Wire & Cable Company (NASDAQ:HWCC) for 179 shares. Pekin Singer Strauss Asset Management Il owns 25,000 shares. Ameriprise holds 0% or 648,124 shares. Menta Capital Ltd Limited Liability Company reported 104,911 shares. Thomson Horstmann And Bryant Inc owns 806,476 shares or 0.58% of their US portfolio. Rbf Cap Limited Liability owns 0.01% invested in Houston Wire & Cable Company (NASDAQ:HWCC) for 16,200 shares. Rutabaga Cap Mgmt Llc Ma reported 1.29% stake. Bancorporation Of Montreal Can holds 0% or 5,727 shares in its portfolio. Jpmorgan Chase Co has 0% invested in Houston Wire & Cable Company (NASDAQ:HWCC) for 7,700 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 45.63 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 increased 2.10% or $0.15 during the last trading session, reaching $7.3. About 6,600 shares traded. Houston Wire & Cable Company (NASDAQ:HWCC) has risen 22.62% since February 24, 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 rating was initiated by KeyBanc Capital Markets with “Sector Weight” on Thursday, December 1. Zacks downgraded Houston Wire & Cable Company (NASDAQ:HWCC) on Friday, August 7 to “Hold” rating. On Tuesday, August 18 the stock rating was upgraded by Raymond James to “Market Perform”.

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 $120.50 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: Seekingalpha.com which released: “Houston Wire & Cable Company’s (HWCC) CEO Jim Pokluda on Q2 2017 Results …” on August 09, 2017, also Seekingalpha.com with their article: “Houston Wire And Cable Will Survive, Eventually Thrive” published on February 22, 2016, Seekingalpha.com published: “Houston Wire & Cable Company’s (HWCC) CEO Jim Pokluda on Q3 2017 Results …” on November 09, 2017. More interesting news about Houston Wire & Cable Company (NASDAQ:HWCC) were released by: Globenewswire.com and their article: “Houston Wire & Cable Company Announces Third Quarter 2017 Earnings Conference Call” published on November 02, 2017 as well as Seekingalpha.com‘s news article titled: “Houston Wire & Cable May Be Past The Worst” with publication date: January 04, 2017.

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