IIIN 📈 Insteel Industries - Overview
Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US45774W1080
IIIN: Steel Wire, Prestressed Strand, Welded Wire Reinforcement
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 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. It sells its products through sales representatives to the manufacturers of concrete products, rebar fabricators, distributors, and contractors. The company was founded in 1953 and is headquartered in Mount Airy, North Carolina. Web URL: https://www.insteel.com
Additional Sources for IIIN Stock
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
IIIN Stock Overview
Market Cap in USD | 582m |
Sector | Industrials |
Industry | Metal Fabrication |
GiC Sub-Industry | Building Products |
IPO / Inception | 1992-03-17 |
IIIN Stock Ratings
Growth 5y | 11.1% |
Fundamental | 12.7% |
Dividend | 20.5% |
Rel. Strength Industry | -902 |
Analysts | 3/5 |
Fair Price Momentum | 25.06 USD |
Fair Price DCF | 43.98 USD |
IIIN Dividends
Dividend Yield 12m | 0.32% |
Yield on Cost 5y | 0.44% |
Annual Growth 5y | 0.00% |
Payout Consistency | 64.5% |
IIIN Growth Ratios
Growth Correlation 3m | -0.9% |
Growth Correlation 12m | -85.6% |
Growth Correlation 5y | 36% |
CAGR 5y | 6.88% |
CAGR/Mean DD 5y | 0.27 |
Sharpe Ratio 12m | -0.85 |
Alpha | -58.19 |
Beta | 1.31 |
Volatility | 37.63% |
Current Volume | 1019.5k |
Average Volume 20d | 173.4k |
What is the price of IIIN stocks?
As of December 22, 2024, the stock is trading at USD 28.32 with a total of 1,019,507 shares traded.
Over the past week, the price has changed by -4.36%, over one month by -4.78%, over three months by -8.35% and over the past year by -23.83%.
As of December 22, 2024, the stock is trading at USD 28.32 with a total of 1,019,507 shares traded.
Over the past week, the price has changed by -4.36%, over one month by -4.78%, over three months by -8.35% and over the past year by -23.83%.
Is Insteel Industries a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, Insteel Industries is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 12.72 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of IIIN as of December 2024 is 25.06. This means that IIIN is currently overvalued and has a potential downside of -11.51%.
Neither. Based on ValueRay Fundamental Analyses, Insteel Industries is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 12.72 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of IIIN as of December 2024 is 25.06. This means that IIIN is currently overvalued and has a potential downside of -11.51%.
Is IIIN a buy, sell or hold?
Insteel Industries has received a consensus analysts rating of 3.00. Therefor, it is recommend to hold IIIN.
Insteel Industries has received a consensus analysts rating of 3.00. Therefor, it is recommend to hold IIIN.
- Strong Buy: 0
- Buy: 0
- Hold: 1
- Sell: 0
- Strong Sell: 0
What are the forecast for IIIN stock price target?
According to ValueRays Forecast Model, IIIN Insteel Industries will be worth about 28.1 in December 2025. The stock is currently trading at 28.32. This means that the stock has a potential downside of -0.67%.
According to ValueRays Forecast Model, IIIN Insteel Industries will be worth about 28.1 in December 2025. The stock is currently trading at 28.32. This means that the stock has a potential downside of -0.67%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 34 | 20.1% |
Analysts Target Price | 37 | 30.6% |
ValueRay Target Price | 28.1 | -0.7% |