Friedman Industries Inc's fundamentals are relatively stable, and its growth potential is high.Its valuation is considered fairly valued, ranking 89 out of 119 in the Metals & Mining industry.Institutional ownership is very high.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Friedman Industries Inc's Score
Industry at a Glance
Industry Ranking
89 / 119
Overall Ranking
379 / 4555
Industry
Metals & Mining
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Neutral
Friedman Industries Inc Highlights
StrengthsRisks
Friedman Industries, Incorporated is a manufacturer and processor of steel products. The Company has two segments: flat-roll products and tubular products. The flat-roll product segment consists of operations in Hickman, Decatur, East Chicago, Granite City and Sinton, where it processes hot-rolled steel coils. The Hickman, East Chicago and Granite City facilities operate temper mills and corrective leveling cut-to-length lines. The Sinton and Decatur facilities operate stretcher-leveler cut-to-length lines. The tubular product segment consists of operations in Lone Star, where it manufactures electric resistance welded pipe and distributes pipe through its Texas Tubular Products division. TTP operates two electric resistance welded pipe mills with a combined outside diameter (OD) size range of 2 3/8' OD to 8 5/8' OD. Both pipe mills are American Petroleum Institute (API) licensed to manufacture line pipe and oil country pipe and also manufacture pipe for structural purposes.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 18.39%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 18.39%.
Overvalued
The company’s latest PB is 1.04, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 4.27M shares, decreasing 1.59% quarter-over-quarter.
Friedman Industries, Incorporated is a manufacturer and processor of steel products. The Company has two segments: flat-roll products and tubular products. The flat-roll product segment consists of operations in Hickman, Decatur, East Chicago, Granite City and Sinton, where it processes hot-rolled steel coils. The Hickman, East Chicago and Granite City facilities operate temper mills and corrective leveling cut-to-length lines. The Sinton and Decatur facilities operate stretcher-leveler cut-to-length lines. The tubular product segment consists of operations in Lone Star, where it manufactures electric resistance welded pipe and distributes pipe through its Texas Tubular Products division. TTP operates two electric resistance welded pipe mills with a combined outside diameter (OD) size range of 2 3/8' OD to 8 5/8' OD. Both pipe mills are American Petroleum Institute (API) licensed to manufacture line pipe and oil country pipe and also manufacture pipe for structural purposes.
Ticker SymbolFRD
CompanyFriedman Industries Inc
CEOTaylor (Michael J)
Websitehttps://www.friedmanindustries.com/
FAQs
What is the current price of Friedman Industries Inc (FRD)?
The current price of Friedman Industries Inc (FRD) is 20.420.
What is the symbol of Friedman Industries Inc?
The ticker symbol of Friedman Industries Inc is FRD.
What is the 52-week high of Friedman Industries Inc?
The 52-week high of Friedman Industries Inc is 23.500.
What is the 52-week low of Friedman Industries Inc?
The 52-week low of Friedman Industries Inc is 12.240.
What is the market capitalization of Friedman Industries Inc?
The market capitalization of Friedman Industries Inc is 144.15M.
What is the net income of Friedman Industries Inc?
The net income of Friedman Industries Inc is 6.06M.
Is Friedman Industries Inc (FRD) currently rated as Buy, Hold, or Sell?
According to analysts, Friedman Industries Inc (FRD) has an overall rating of --, with a price target of --.
What is the Earnings Per Share (EPS TTM) of Friedman Industries Inc (FRD)?
The Earnings Per Share (EPS TTM) of Friedman Industries Inc (FRD) is 1.631.