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Insteel Industries Inc (IIIN)

NYSE
Currency in USD
29.45
-0.21(-0.71%)
Closed
After Hours
29.450.00(0.00%)
IIIN Scorecard
Full Analysis
Holds more cash than debt on its balance sheet
Fair Value
Day's Range
29.4430.06
52 wk Range
25.8638.08
Key Statistics
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Prev. Close
29.66
Open
29.86
Day's Range
29.44-30.06
52 wk Range
25.86-38.08
Volume
174.25K
Average Volume (3m)
132.43K
1-Year Change
-11.02%
Book Value / Share
18.04
Fair Value
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Fair Value Upside
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IIIN Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
34.00
Upside
+15.45%
Members' Sentiments
Bearish
Bullish
ProTips
Suffers from weak gross profit margins
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Insteel Industries Inc Company Profile

Insteel Industries, Inc., together with its subsidiaries, manufactures and markets steel wire reinforcing products for concrete construction applications. The company offers prestressed concrete strand (PC strand) and welded wire reinforcement (WWR) products. Its PC strand is a seven-wire strand that is used to impart compression forces into precast concrete elements and structures providing reinforcement for bridges, parking decks, buildings, and other concrete structures. The company’s WWR engineered reinforcing product is used in nonresidential and residential construction. It produces a range of WWR products, such as engineered structural mesh, an engineered made-to-order product that is used as the primary reinforcement for concrete elements or structures serving as a reinforcing solution for hot-rolled rebar; concrete pipe reinforcement, an engineered made-to-order product, which is used as the primary reinforcement in concrete pipe, box culverts, and precast manholes for drainage and sewage systems, water treatment facilities, and other related applications; and standard welded wire reinforcement, a secondary reinforcing product for crack control applications in residential and light nonresidential construction, including driveways, sidewalks, and various slab-on-grade applications. It sells its products through sales representatives to the manufacturers of concrete products, rebar fabricators, distributors, and contractors. The company was founded in 1953 and is headquartered in Mount Airy, North Carolina.

Compare IIIN to Peers and Sector

Metrics to compare
IIIN
Peers
Sector
Relationship
P/E Ratio
29.7x33.9x11.8x
PEG Ratio
−0.760.140.03
Price/Book
1.6x3.2x1.4x
Price / LTM Sales
1.1x3.3x1.2x
Upside (Analyst Target)
14.6%3.5%20.1%
Fair Value Upside
Unlock−4.0%6.0%Unlock

Analysts' Recommendations

0 Buy
1 Hold
0 Sell
Ratings:
1 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 34.00

(+15.45% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 0.99
Dividend Yield
3.78%
Industry Median 1.47%
Annualised payout
1.1200
Paid unevenly
5-Years Growth
-
Growth Streak

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FAQ

What Is the Insteel Industries (IIIN) Stock Price Today?

The Insteel Industries stock price today is 29.45

What Stock Exchange Does Insteel Industries Trade On?

Insteel Industries is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Insteel Industries?

The stock symbol for Insteel Industries is "IIIN."

Does Insteel Industries Pay Dividends? What’s The Current Dividend Yield?

The Insteel Industries dividend yield is 0.40%.

What Is the Insteel Industries Market Cap?

As of today, Insteel Industries market cap is 575.20M.

What is Insteel Industries Earnings Per Share?

The Insteel Industries EPS is 0.99.

What Is the Next Insteel Industries Earnings Date?

Insteel Industries will release its next earnings report on 15 Jan 2025.

From a Technical Analysis Perspective, Is IIIN a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Neutral.
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