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

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%.
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%.
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.
  • 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%.
Issuer Forecast Upside
Wallstreet Target Price 34 20.1%
Analysts Target Price 37 30.6%
ValueRay Target Price 28.1 -0.7%