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

February 23, 2018 - By Michael Pereira

 Houston Wire & Cable Company (HWCC) EPS Estimated At $0.04
Investors sentiment decreased to 0.67 in 2017 Q3. 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.
Royal State Bank Of Canada has 3 shares. Blackrock reported 469,356 shares. The Minnesota-based Us Retail Bank De has invested 0% in Houston Wire & Cable Company (NASDAQ:HWCC). F&V Capital Mgmt Limited Liability Corporation reported 0.06% stake. Bancshares Of America De has invested 0% in Houston Wire & Cable Company (NASDAQ:HWCC). 264,791 were accumulated by Raymond James & Assoc. Bancorporation Of Mellon Corp has 182,085 shares for 0% of their portfolio. Fmr Ltd Llc holds 1.35M shares or 0% of its portfolio. 25,000 were accumulated by Pekin Singer Strauss Asset Mgmt Il. Ancora Advsrs Ltd Co holds 413,001 shares or 0.13% of its portfolio. Ameriprise Fincl reported 0% stake. Jpmorgan Chase Commerce, a New York-based fund reported 7,700 shares. Tci Wealth Advsr invested in 0% or 615 shares. 806,476 were reported by Thomson Horstmann And Bryant. Federated Pa accumulated 994 shares or 0% of the stock.

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 $660,246 giving it 44.69 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 2.05% or $0.15 during the last trading session, reaching $7.15. About 28,522 shares traded. Houston Wire & Cable Company (NASDAQ:HWCC) has risen 22.62% since February 23, 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 upgraded by Raymond James on Tuesday, August 18 to “Market Perform”. On Thursday, December 1 the stock rating was initiated by KeyBanc Capital Markets with “Sector Weight”. The stock of Houston Wire & Cable Company (NASDAQ:HWCC) has “Hold” rating given on Friday, August 7 by Zacks.

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 $118.02 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: “The Outlook For Houston Wire And Cable Company Is Much Brighter Than Implied …” on October 30, 2015, also Seekingalpha.com with their article: “Houston Wire & Cable Company’s (HWCC) CEO Jim Pokluda on Q2 2017 Results …” published on August 09, 2017, Seekingalpha.com published: “Houston Wire & Cable May Be Past The Worst” on January 04, 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 And Cable Will Survive, Eventually Thrive” with publication date: February 22, 2016.

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