Insteel Industries Inc's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 43 out of 58 in the Homebuilding & Construction Supplies industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 42.00.In the medium term, the stock price is expected to remain stable.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Insteel Industries Inc's Score
Industry at a Glance
Industry Ranking
43 / 58
Overall Ranking
206 / 4542
Industry
Homebuilding & Construction Supplies
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
Insteel Industries Inc Highlights
StrengthsRisks
Insteel Industries, Inc. is a manufacturer of steel wire reinforcing products for concrete construction applications. The Company manufactures and markets prestressed concrete strand (PC strand) and welded wire reinforcement (WWR), including engineered structural mesh, concrete pipe reinforcement and standard welded wire reinforcement. The Company’s 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. Its WWR is produced as either a standard or a specially engineered reinforcing product for use in nonresidential and residential construction. Its products are sold to manufacturers of concrete products that are used in nonresidential construction. The Company sells its products nationwide across the United States, Canada, Mexico, and Central and South America.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 647.71M.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 53.05%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 53.05%.
Undervalued
The company’s latest PE is 13.52, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 16.30M shares, decreasing 8.82% quarter-over-quarter.
Insteel Industries, Inc. is a manufacturer of steel wire reinforcing products for concrete construction applications. The Company manufactures and markets prestressed concrete strand (PC strand) and welded wire reinforcement (WWR), including engineered structural mesh, concrete pipe reinforcement and standard welded wire reinforcement. The Company’s 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. Its WWR is produced as either a standard or a specially engineered reinforcing product for use in nonresidential and residential construction. Its products are sold to manufacturers of concrete products that are used in nonresidential construction. The Company sells its products nationwide across the United States, Canada, Mexico, and Central and South America.