/Stocks/IIIN
▲ Cast your call
IIINInsteel Industries Inc. · NYSE · Industrials
$26.58+$0.37 · +1.41%
MKT 510.51M

Company Overview

Insteel Industries Inc., together with its subsidiaries, manufactures and markets steel wire reinforcing products for concrete construction applications. The company offers prestressed concrete strand (PC strand) and welded wire reinforcement (WWR) products. Its PC strand, 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. It sells its products through sales representatives to the manufacturers of concrete products, rebar fabricators, distributors, and contractors. Insteel Industries Inc. was founded in 1953 and is headquartered in Mount Airy, North Carolina.

Sector
Industrials
Industry
Metal Fabrication
Phone
336 786 2141
Headquarters
1373 Boggs Drive
Mount Airy, NC, 27030
United States
Full-Time Employees
1,007

Key Metrics

P/E Ratio (TTM)
12.11
Forward P/E
11.37
Price to Book
1.40
Beta
0.52
Profit Margin
6.16%
Gross Margin
13.61%
Return on Equity
12.05%
Return on Assets
7.81%
Earnings Growth
-48.50%
Revenue Growth
7.50%
Dividend Yield
46.00%
Dividend Rate
$0.12

Financial Health

Total Cash
$15.09M
Total Debt
$3.04M
Debt to Equity
0.83
Current Ratio
3.71
Free Cash Flow
$-2406500.00
Operating Cash Flow
$15.87M

Analyst Recommendations

Target Price (Mean)
$37.00
Target High
$37.00
Target Low
$37.00
Recommendation
none
Analyst Coverage
1 Analysts

Trading Ideas

Related Stocks

Will IIIN Beat Earnings? AI Prediction next earnings | CallTheBeat