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Insteel Industries, Inc. (IIIN)

Stock Price: $25.26 USD -0.24 (-0.94%)
Updated November 27, 1:00 PM EST - Market closed
After-hours: $25.22 -0.04 (-0.16%) Nov 27, 4:22 PM

Stock Price Chart

Key Info

Market Cap 487.66M
Revenue (ttm) 472.62M
Net Income (ttm) 19.01M
Shares Out 19.31M
EPS (ttm) 0.98
PE Ratio 25.78
Forward PE n/a
Dividend $0.12
Dividend Yield 0.48%

Stock Quote

Trading Day November 27
Last Price $25.26
Previous Close $25.50
Change ($) -0.24
Change (%) -0.94%
Day's Open 25.50
Day's Range 24.81 - 25.57
Day's Volume 55,114
52-Week Range 10.00 - 26.61

More Stats

Market Cap 487.66M
Enterprise Value 418.97M
Earnings Date (est) Jan 1, 1970
Ex-Dividend Date Sep 10, 2020
Shares Outstanding 19.31M
Float n/a
EPS (basic) 0.99
EPS (diluted) 0.98
FCF / Share 2.55
Dividend $0.12
Dividend Yield 0.48%
Earnings Yield 3.88%
FCF Yield 10.08%
Payout Ratio 12.10%
Shares Short 260,603
Short Ratio 4.47
Short % of Float n/a
Beta 1.68
PE Ratio 25.78
Forward PE n/a
P/FCF Ratio 9.92
PS Ratio 1.03
PB Ratio 1.86
Revenue 472.62M
Operating Income 22.55M
Net Income 19.01M
Free Cash Flow 49.15M
Net Cash 68.69M
Net Cash / Share 3.56
Gross Margin 11.80%
Operating Margin 4.77%
Profit Margin 4.00%
FCF Margin 10.40%
ROA 4.84%
ROE 7.44%
ROIC 12.30%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (2)

Buy 1
Overweight 0
Hold 1
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$23.50*
(-6.97% downside)
Low
23.0
Current: $25.26
High
24.0
Target: 23.50
*Average 12-month price target from 2 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2020201920182017201620152014201320122011
Revenue473456453389419448409364363337
Revenue Growth3.71%0.55%16.55%-7.09%-6.47%9.42%12.39%0.16%7.83%-
Gross Profit55.7930.0670.8159.7885.1958.3348.7739.2322.4631.74
Operating Income22.555.5642.5034.1156.4732.1623.5418.552.720.30
Net Income19.015.6036.2722.5537.2521.7116.6411.741.81-0.39
Shares Outstanding19.2819.2419.0819.0118.7518.4218.2617.9517.6617.56
Earnings Per Share0.980.291.881.171.951.150.890.640.10-0.02
EPS Growth237.93%-84.57%60.68%-40%69.57%29.21%39.06%540%--
Dividend Per Share0.120.121.091.371.120.120.120.370.120.12
Dividend Growth0%-88.99%-20.44%22.32%833.33%0%-67.57%208.33%0%-
Operating Cash Flow56.226.6153.9720.8456.2535.7729.2336.8313.14-2.91
Capital Expenditures-7.07-10.49-18.45-20.58-12.92-8.48-8.95-6.81-7.76-7.42
Free Cash Flow49.15-3.8935.520.2743.3427.2920.2830.025.38-10.33
Cash & Equivalents68.6938.1843.9432.1158.8733.263.0515.440.010.01
Total Debt--------11.4814.16
Net Cash / Debt68.6938.1843.9432.1158.8733.263.0515.44-11.47-14.15
Assets338293330283293260257213209217
Liabilities73.1046.9987.8759.7068.3360.0277.9151.5959.0568.06
Book Value265246242223225200179161150148
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Insteel Industries, Inc.
Country United States
Employees 881
CEO Howard Osler Woltz

Stock Information

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

Description

Insteel Industries, 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, rebar fabricators, distributors, 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.