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NYSE: IIIN
Insteel Industries Inc Stock

$30.11-0.39 (-1.28%)
Updated Jun 11, 2024
IIIN Price
$30.11
Fair Value Price
N/A
Market Cap
$586.39M
52 Week Low
$26.87
52 Week High
$39.38
P/E
24.09x
P/B
1.72x
P/S
1.3x
PEG
1.24x
Dividend Yield
8.7%
Revenue
$572.36M
Earnings
$24.26M
Gross Margin
9.8%
Operating Margin
5.49%
Profit Margin
4.2%
Debt to Equity
0.17
Operating Cash Flow
$86M
Beta
1.2
Next Earnings
Jul 18, 2024
Ex-Dividend
Jun 14, 2024
Next Dividend
Jun 28, 2024

IIIN Overview

Insteel Industries, Inc., together with its subsidiaries, manufactures and markets steel wire reinforcing products for concrete construction applications. The company offers pre-stressed 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. The company sells its products through sales representatives to the manufacturers of concrete products, rebar fabricators, distributors, and contractors primarily in the United States, as well as in Canada, Mexico, and Central and South America. Insteel Industries, Inc. was founded in 1953 and is headquartered in Mount Airy, North Carolina.

Zen Score

Industry Average (30)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how IIIN scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

IIIN ($30.11) is trading above its intrinsic value of $15.37, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
IIIN is good value based on its earnings relative to its share price (24.09x), compared to the US market average (29.53x)
P/E vs Market Valuation
IIIN is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more IIIN due diligence checks available for Premium users.

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IIIN News

Valuation

IIIN price to earnings (PE)

For valuing profitable companies with steady earnings
Company
24.09x
Industry
21.04x
Market
29.53x
IIIN is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
IIIN is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

IIIN price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.72x
Industry
3.08x
IIIN is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

IIIN price to earnings growth (PEG)

For valuing profitable companies with growth potential
IIIN is poor value relative... subscribe to Premium to read more.
PEG Value Valuation

IIIN's financial health

Profit margin

Revenue
$127.4M
Net Income
$6.9M
Profit Margin
5.4%
IIIN's Earnings (EBIT) of $31.40M... subscribe to Premium to read more.
Interest Coverage Financials
IIIN's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$397.2M
Liabilities
$56.6M
Debt to equity
0.17
IIIN's short-term assets ($239.70M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
IIIN's short-term assets ($239.70M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
IIIN's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
IIIN's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$1.4M
Investing
-$2.2M
Financing
-$843.0k
IIIN's operating cash flow ($85.84M)... subscribe to Premium to read more.
Debt Coverage Financials

IIIN vs Metal Fabrication Stocks

TickerMarket Cap1d %P/EP/B
IIIN$586.39M-1.28%24.09x1.72x
CMPO$504.50M-0.16%5.85x-0.64x
RYI$743.71M-1.41%8.20x0.84x
HAYN$747.93M-0.63%19.57x1.68x
PRLB$803.03M-0.47%40.67x1.17x

Insteel Industries Stock FAQ

What is Insteel Industries's quote symbol?

(NYSE: IIIN) Insteel Industries trades on the NYSE under the ticker symbol IIIN. Insteel Industries stock quotes can also be displayed as NYSE: IIIN.

If you're new to stock investing, here's how to buy Insteel Industries stock.

What is the 52 week high and low for Insteel Industries (NYSE: IIIN)?

(NYSE: IIIN) Insteel Industries's 52-week high was $39.38, and its 52-week low was $26.87. It is currently -23.54% from its 52-week high and 12.08% from its 52-week low.

How much is Insteel Industries stock worth today?

(NYSE: IIIN) Insteel Industries currently has 19,475,061 outstanding shares. With Insteel Industries stock trading at $30.11 per share, the total value of Insteel Industries stock (market capitalization) is $586.39M.

Insteel Industries stock was originally listed at a price of $3.44 in Dec 31, 1997. If you had invested in Insteel Industries stock at $3.44, your return over the last 26 years would have been 775.29%, for an annualized return of 8.7% (not including any dividends or dividend reinvestments).

How much is Insteel Industries's stock price per share?

(NYSE: IIIN) Insteel Industries stock price per share is $30.11 today (as of Jun 11, 2024).

What is Insteel Industries's Market Cap?

(NYSE: IIIN) Insteel Industries's market cap is $586.39M, as of Jun 13, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Insteel Industries's market cap is calculated by multiplying IIIN's current stock price of $30.11 by IIIN's total outstanding shares of 19,475,061.
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