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

February 15, 2018 - By Marguerite Chambers

 EPS for Houston Wire & Cable Company (HWCC) Expected At $0.04
Investors sentiment decreased to 0.67 in 2017 Q3. Its down 0.14, from 0.81 in 2017Q2. It is negative, 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.
5,602 were reported by Wells Fargo And Mn. Morgan Stanley owns 0% invested in Houston Wire & Cable Company (NASDAQ:HWCC) for 12,896 shares. Northern Tru Corp stated it has 47,596 shares. F&V Ltd Liability owns 20,000 shares. Fmr Limited Liability Company stated it has 0% in Houston Wire & Cable Company (NASDAQ:HWCC). 9,174 are held by Tower Research Ltd (Trc). Rbf Cap Lc reported 0.01% stake. California Employees Retirement Sys owns 0% invested in Houston Wire & Cable Company (NASDAQ:HWCC) for 55,900 shares. California-based Menta Lc has invested 0.08% in Houston Wire & Cable Company (NASDAQ:HWCC). 25,000 were accumulated by Pekin Singer Strauss Asset Mgmt Il. Thomson Horstmann And Bryant Inc invested in 0.58% or 806,476 shares. Moreover, Royal Financial Bank Of Canada has 0% invested in Houston Wire & Cable Company (NASDAQ:HWCC) for 3 shares. North Star Investment holds 0% or 2,000 shares. Ameriprise accumulated 0% or 648,124 shares. Manufacturers Life The reported 179 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 $660,250 giving it 45.00 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 1.41% or $0.1 during the last trading session, reaching $7.2. About 3,626 shares traded. Houston Wire & Cable Company (NASDAQ:HWCC) has risen 22.62% since February 15, 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 stock has “Hold” rating by Zacks on Friday, August 7. The firm earned “Market Perform” rating on Tuesday, August 18 by Raymond James. The stock of Houston Wire & Cable Company (NASDAQ:HWCC) has “Sector Weight” rating given on Thursday, December 1 by KeyBanc Capital Markets.

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 $118.85 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: Marketwired.com which released: “Houston Wire & Cable Company Announces Acquisition of Vertex” on October 03, 2016, 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: “The Outlook For Houston Wire And Cable Company Is Much Brighter Than Implied …” on October 30, 2015. More interesting news about Houston Wire & Cable Company (NASDAQ:HWCC) were released by: Seekingalpha.com and their article: “Houston Wire & Cable Company’s (HWCC) CEO Jim Pokluda on Q3 2017 Results …” published on November 09, 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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