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Insteel Industries, Inc. (IIIN)

Stock Price: $19.23 USD 0.36 (1.91%)
Updated Aug 14, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 370.39M
Revenue (ttm) 447.79M
Net Income (ttm) 9.82M
Shares Out 19.26M
EPS (ttm) 0.51
PE Ratio 37.71
Forward PE n/a
Dividend $0.12
Dividend Yield 0.62%

Stock Quote

Trading Day Aug 14, 2020
Last Price $19.23
Previous Close $18.87
Change ($) 0.36
Change (%) 1.91%
Day's Open 18.74
Day's Range 18.67 - 19.37
Day's Volume 72,640
52-Week Range 10.00 - 26.61

More Stats

Market Cap 370.39M
Enterprise Value 309.02M
Earnings Date (est) Oct 15, 2020
Ex-Dividend Date Jun 11, 2020
Shares Outstanding 19.26M
Float 18.21M
EPS (basic) 0.52
EPS (diluted) 0.51
FCF / Share 3.77
Dividend $0.12
Dividend Yield 0.62%
Earnings Yield 2.65%
FCF Yield 19.61%
Payout Ratio n/a
Shares Short 273,266
Short Ratio 3.35
Short % of Float 2.10%
Beta 1.88
PE Ratio 37.71
Forward PE n/a
P/FCF Ratio 5.10
PS Ratio 0.83
PB Ratio 1.47
Revenue 447.79M
Operating Income 11.06M
Net Income 9.82M
Free Cash Flow 72.64M
Net Cash 61.37M
Net Cash / Share 3.19
Gross Margin 6.57%
Operating Margin 2.47%
Profit Margin 2.20%
FCF Margin 16.22%
ROA 2.38%
ROE 3.89%
ROIC n/a
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (2)

Buy 0
Overweight 0
Hold 2
Underweight 0
Sell 0

Analyst Consensus: Hold

Price Target

$19.00*
Low
19.0
Current: $19.23
High
19.0
Target: 19.00
*Average 12-month price target from 1 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue456453389419448409364363337212
Revenue Growth0.55%16.55%-7.09%-6.47%9.42%12.39%0.16%7.83%59.23%-
Gross Profit30.0670.8159.7885.1958.3348.7739.2322.4631.7417.99
Operating Income5.5642.5034.1156.4732.1623.5418.552.720.300.48
Net Income5.6036.2722.5537.2521.7116.6411.741.81-0.390.47
Shares Outstanding19.2419.0819.0118.7518.4218.2617.9517.6617.5617.47
Earnings Per Share0.291.881.171.951.150.890.640.10-0.020.03
EPS Growth-84.57%60.68%-40%69.57%29.21%39.06%540%---
Dividend Per Share0.121.091.371.120.120.120.370.120.120.12
Dividend Growth-88.99%-20.44%22.32%833.33%0%-67.57%208.33%0%0%-
Operating Cash Flow6.6153.9720.8456.2535.7729.2336.8313.14-2.9112.88
Capital Expenditures-10.49-18.45-20.58-12.92-8.48-8.95-6.81-7.76-7.42-1.48
Free Cash Flow-3.8935.520.2743.3427.2920.2830.025.38-10.3311.40
Cash & Equivalents38.1843.9432.1158.8733.263.0515.440.010.0145.94
Total Debt-------11.4814.16-
Net Cash / Debt38.1843.9432.1158.8733.263.0515.44-11.47-14.1545.94
Assets293330283293260257213209217183
Liabilities46.9987.8759.7068.3360.0277.9151.5959.0568.0634.63
Book Value246242223225200179161150148148
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Insteel Industries, Inc.
Country United States
Employees 834
CEO Howard Osler Woltz

Stock Information

Ticker Symbol IIIN
Stock Exchange NASDAQ
Sector Industrials
Industry Metal Fabrication
Unique Identifier NASDAQ: IIIN

Description

Insteel Industries, Inc., together with its subsidiaries, manufactures and markets steel wire reinforcing products for concrete construction applications. The company offers pre-stressed 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. The company sells its products through sales representatives to the manufacturers of concrete products, distributors, rebar fabricators, and contractors primarily in the United States, as well as in Canada, Mexico, and Central and South America. Insteel Industries, Inc. was founded in 1953 and is headquartered in Mount Airy, North Carolina.