Insteel Industries, Inc. (IIIN)

Last Closing Price: 31.73 (2024-04-25)

Company Description

Insteel Industries is one of the nation's largest manufacturers of steel wire reinforcing products for concrete construction applications. The Company manufactures and markets prestressed concrete strand and welded wire reinforcement, including concrete pipe reinforcement, engineered structural mesh and standard welded wire reinforcement. Insteel's products are sold primarily to manufacturers of concrete products that are used in nonresidential construction. Headquartered in Mount Airy, North Carolina, Insteel operates six manufacturing facilities located in the United States.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $649.19M
Net Income (Most Recent Fiscal Year) $32.42M
PE Ratio (Current Year Earnings Estimate) 26.25
PE Ratio (Trailing 12 Months) 29.67
PEG Ratio (Long Term Growth Estimate) 2.19
Price to Sales Ratio (Trailing 12 Months) 1.10
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 1.99
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 15.35
Pre-Tax Margin (Trailing 12 Months) 4.78%
Net Margin (Trailing 12 Months) 3.71%
Return on Equity (Trailing 12 Months) 6.16%
Return on Assets (Trailing 12 Months) 5.24%
Current Ratio (Most Recent Fiscal Quarter) 6.93
Quick Ratio (Most Recent Fiscal Quarter) 4.12
Debt to Common Equity (Most Recent Fiscal Quarter) 0.00
Inventory Turnover (Trailing 12 Months) 4.71
Book Value per Share (Most Recent Fiscal Quarter) $19.61
Earnings per Share (Most Recent Fiscal Quarter) $0.06
Earnings per Share (Most Recent Fiscal Year) $1.53
Diluted Earnings per Share (Trailing 12 Months) $1.15
Stock
Exchange NYSE
Sector Industrials
Industry Metal Fabrication
Common Shares Outstanding 19.45M
Free Float 18.36M
Market Capitalization $663.58M
Average Volume (Last 20 Days) 0.07M
Beta (Past 60 Months) 1.14
Percentage Held By Insiders (Latest Annual Proxy Report) 5.60%
Percentage Held By Institutions (Latest 13F Reports) 83.27%
Annual Dividend (Based on Last Quarter) $0.12
Dividend Yield (Based on Last Quarter) 0.35%