Houston Wire & Cable Company Stock Upgraded (HWCC)
- Looking at where the stock is today compared to one year ago, we find that it is not only higher, but it has also clearly outperformed the rise in the S&P 500 over the same period. Although other factors naturally played a role, the company's strong earnings growth was key. Looking ahead, the stock's rise over the last year has already helped drive it to a level which is relatively expensive compared to the rest of its industry. We feel, however, that the other strengths this company displays justify these higher price levels.
- Net operating cash flow has significantly increased by 187.80% to $2.62 million when compared to the same quarter last year. In addition, HOUSTON WIRE & CABLE CO has also vastly surpassed the industry average cash flow growth rate of 16.67%.
- HOUSTON WIRE & CABLE CO has improved earnings per share by 45.5% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past year. We feel that this trend should continue. During the past fiscal year, HOUSTON WIRE & CABLE CO increased its bottom line by earning $0.49 versus $0.46 in the prior year. This year, the market expects an improvement in earnings ($0.77 versus $0.49).
- The debt-to-equity ratio is somewhat low, currently at 0.64, and is less than that of the industry average, implying that there has been a relatively successful effort in the management of debt levels. To add to this, HWCC has a quick ratio of 1.55, which demonstrates the ability of the company to cover short-term liquidity needs.
- HWCC's revenue growth has slightly outpaced the industry average of 47.1%. Since the same quarter one year prior, revenues rose by 47.3%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
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