Insteel Industries, Inc. (IIIN)
- Previous Close
33.55 - Open
33.55 - Bid 13.45 x 900
- Ask 53.79 x 1400
- Day's Range
33.33 - 34.20 - 52 Week Range
26.87 - 39.38 - Volume
66,397 - Avg. Volume
79,646 - Market Cap (intraday)
653.852M - Beta (5Y Monthly) 1.11
- PE Ratio (TTM)
29.23 - EPS (TTM)
1.15 - Earnings Date Apr 25, 2024
- Forward Dividend & Yield 0.12 (0.36%)
- Ex-Dividend Date Mar 14, 2024
- 1y Target Est
37.50
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. Insteel Industries, Inc. was founded in 1953 and is headquartered in Mount Airy, North Carolina.
www.insteel.comRecent News: IIIN
Performance Overview: IIIN
Trailing total returns as of 4/22/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: IIIN
Valuation Measures
Market Cap
653.85M
Enterprise Value
570.38M
Trailing P/E
29.23
Forward P/E
25.84
PEG Ratio (5yr expected)
2.16
Price/Sales (ttm)
1.09
Price/Book (mrq)
1.96
Enterprise Value/Revenue
0.94
Enterprise Value/EBITDA
13.37
Financial Highlights
Profitability and Income Statement
Profit Margin
3.71%
Return on Assets (ttm)
3.68%
Return on Equity (ttm)
6.46%
Revenue (ttm)
604.01M
Net Income Avi to Common (ttm)
22.42M
Diluted EPS (ttm)
1.15
Balance Sheet and Cash Flow
Total Cash (mrq)
85.61M
Total Debt/Equity (mrq)
0.64%
Levered Free Cash Flow (ttm)
84.29M
Research Analysis: IIIN
Company Insights: IIIN
Fair Value
Dividend Score
Hiring Score
Insider Sentiment Score
Research Reports: IIIN
IIIN: Lowering target price to $35.00
INSTEEL INDUSTRIES INC has an Investment Rating of HOLD; a target price of $35.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.
RatingPrice TargetIIIN: Lowering target price to $38.00
INSTEEL INDUSTRIES INC has an Investment Rating of HOLD; a target price of $38.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.
RatingPrice TargetIIIN: What does Argus have to say about IIIN?
INSTEEL INDUSTRIES INC has an Investment Rating of HOLD; a target price of $39.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.
RatingPrice TargetIIIN: Raising target price to $39.00
INSTEEL INDUSTRIES INC has an Investment Rating of HOLD; a target price of $39.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.
RatingPrice Target