Advertisement
U.S. markets closed

Friedman Industries, Incorporated (FRD)

NYSE American - NYSE American Delayed Price. Currency in USD
17.99+0.16 (+0.90%)
At close: 04:00PM EST
Full screen
Trade prices are not sourced from all markets
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Bearishpattern detected
Hanging Man

Hanging Man

Previous Close17.83
Open17.83
Bid17.59 x 800
Ask17.85 x 1800
Day's Range17.37 - 17.99
52 Week Range9.50 - 18.31
Volume9,657
Avg. Volume23,854
Market Cap125.504M
Beta (5Y Monthly)1.34
PE Ratio (TTM)7.08
EPS (TTM)2.54
Earnings DateFeb 09, 2024 - Feb 12, 2024
Forward Dividend & Yield0.08 (0.44%)
Ex-Dividend DateJan 18, 2024
1y Target EstN/A
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Undervalued
108% Est. Return

Subscribe to Yahoo Finance Plus to view Fair Value for FRD

View details
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
  • Friedman Industries Inc.
    Daily – Vickers Top Buyers & Sellers for 07/27/2023The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.
    Rating
    Fair Value
    Economic Moat
    7 months agoArgus Research
View more
  • GuruFocus.com

    Friedman Industries Inc (FRD) Reports Mixed Q3 Results Amid Market Volatility

    Steel Manufacturer Sees Increased Sales Volume but Faces Hedging Losses

  • GlobeNewswire

    Friedman Industries, Incorporated Announces Third Quarter Results

    LONGVIEW, Texas, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE American: FRD) today announced its results of operations for the third fiscal quarter ended December 31, 2023. December 31, 2023 Quarter Highlights: Sales of approximately $116.0 millionEarnings from operations of approximately $6.2 millionNet earnings of approximately $1.2 million11% increase in sales volume over prior year quarter volumeWorking capital balance at quarter-end of approximately $116.3 milli

  • GuruFocus.com

    Jim Simons Adjusts Position in Friedman Industries

    Overview of Jim Simons (Trades, Portfolio)'s Recent Trade Renaissance Technologies, led by Jim Simons (Trades, Portfolio), has recently adjusted its holdings in Friedman Industries Inc (FRD), a company engaged in steel processing. The transaction was executed at a price of $15.46 per share, leaving the firm with a total of 374,782 shares in Friedman Industries, which now represents 0.01% of the portfolio and 5.38% of the company's outstanding shares.