Insteel Industries is a metal fabrication business based in the US. Insteel Industries shares (IIIN) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $30.95 – an increase of 4.88% over the previous week. Insteel Industries employs 929 staff and has a trailing 12-month revenue of around $529.2 million.
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| Latest market close | $30.95 |
|---|---|
| 52-week range | $26.74 - $39.27 |
| 50-day moving average | $29.57 |
| 200-day moving average | $32.31 |
| Wall St. target price | $34.00 |
| PE ratio | 30.7778 |
| Dividend yield | $0.12 (0.39%) |
| Earnings per share (TTM) | $0.99 |
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This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $30.47 from 2024-11-22
| 1 week (2024-11-19) | 3.25% |
|---|---|
| 1 month (2024-10-25) | 9.53% |
| 3 months (2024-08-26) | -10.22% |
| 6 months (2024-05-24) | -4.90% |
| 1 year (2023-11-24) | -10.59% |
|---|---|
| 2 years (2022-11-25) | 8.07% |
| 3 years (2021-11-26) | 44.137 |
| 5 years (2019-11-26) | 50.81% |
Valuing Insteel Industries stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Insteel Industries's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Insteel Industries's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 31x. In other words, Insteel Industries shares trade at around 31x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Insteel Industries's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.235. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Insteel Industries's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Insteel Industries's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $35.5 million.
The EBITDA is a measure of a Insteel Industries's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $529.2 million |
|---|---|
| Operating margin TTM | 3.57% |
| Gross profit TTM | $65.4 million |
| Return on assets TTM | 2.88% |
| Return on equity TTM | 5.27% |
| Profit margin | 3.65% |
| Book value | $18.04 |
| Market Capitalization | $592.7 million |
TTM: trailing 12 months
Dividend payout ratio: 12.12% of net profits
Recently Insteel Industries has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Insteel Industries shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Insteel Industries's case, that would currently equate to about $0.12 per share.
While Insteel Industries's payout ratio might seem low, this can signify that Insteel Industries is investing more in its future growth.
Insteel Industries's most recent dividend payout was on 12 December 2024. The latest dividend was paid out to all shareholders who bought their shares by 28 November 2024 (the "ex-dividend date").
Insteel Industries's shares were split on a 2:1 basis on 18 June 2006 . So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Insteel Industries shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Insteel Industries shares which in turn could have impacted Insteel Industries's share price.
Over the last 12 months, Insteel Industries's shares have ranged in value from as little as $26.7422 up to $39.2698. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Insteel Industries's is 1.087. This would suggest that Insteel Industries's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
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.
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