Insteel Industries Inc's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 38/58 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 39.00.In the medium term, the stock price is expected to trend down.The company has been performing well in the stock market over the past month, which is supported by its 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
38 / 58
Overall Ranking
195 / 4563
Industry
Homebuilding & Construction Supplies
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
1
analysts
Hold
Current Rating
39.000
Target Price
+24.16%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
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%.
Fairly Valued
The company’s latest PE is 15.42, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 16.80M shares, decreasing 5.93% 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.
Ticker SymbolIIIN
CompanyInsteel Industries Inc
CEOWoltz (H. O)
Websitehttps://insteel.com/home/default.aspx
FAQs
What is the current price of Insteel Industries Inc (IIIN)?
The current price of Insteel Industries Inc (IIIN) is 32.490.
What is the symbol of Insteel Industries Inc?
The ticker symbol of Insteel Industries Inc is IIIN.
What is the 52-week high of Insteel Industries Inc?
The 52-week high of Insteel Industries Inc is 40.325.
What is the 52-week low of Insteel Industries Inc?
The 52-week low of Insteel Industries Inc is 21.780.
What is the market capitalization of Insteel Industries Inc?
The market capitalization of Insteel Industries Inc is 630.96M.
What is the net income of Insteel Industries Inc?
The net income of Insteel Industries Inc is 41.02M.
Is Insteel Industries Inc (IIIN) currently rated as Buy, Hold, or Sell?
According to analysts, Insteel Industries Inc (IIIN) has an overall rating of Hold, with a price target of 39.000.
What is the Earnings Per Share (EPS TTM) of Insteel Industries Inc (IIIN)?
The Earnings Per Share (EPS TTM) of Insteel Industries Inc (IIIN) is 2.105.