WallStreetZenWallStreetZen

NYSE: IIIN
Insteel Industries Inc Stock

Open Broker Account
$29.97+0.48 (+1.63%)
Updated Dec 1, 2022
IIIN Price
$29.97
Fair Value Price
N/A
Market Cap
$583.76M
52 Week Low
$24.00
52 Week High
$47.70
P/E
4.68x
P/B
1.5x
P/S
0.63x
PEG
0.16x
Dividend Yield
0.3%
Revenue
$826.83M
Earnings
$125.01M
Gross Margin
23.9%
Operating Margin
19.57%
Profit Margin
15.1%
Debt to Equity
0.21
Operating Cash Flow
$6M
Beta
1.16
Next Earnings
Jan 18, 2023
Ex-Dividend
Dec 8, 2022
Next Dividend
Dec 23, 2022

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 (37)
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 ($29.97) is trading below its intrinsic value of $101.73, 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 (4.68x), compared to the US market average (22.16x)
P/E vs Market Valuation
IIIN is good 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.

Be the first to know about important IIIN news, forecast changes, insider trades & much more!

IIIN News

Valuation

IIIN price to earnings (PE)

For valuing profitable companies with steady earnings
Company
4.68x
Industry
42.39x
Market
22.16x
IIIN is good 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
1.5x
Industry
2.86x
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 good value based... subscribe to Premium to read more.
PEG Value Valuation

IIIN's financial health

Profit margin

Revenue
$208.0M
Net Income
$24.3M
Profit Margin
11.7%
IIIN's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
IIIN's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$471.7M
Liabilities
$82.0M
Debt to equity
0.21
IIIN's short-term assets ($335.33M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
IIIN's short-term assets ($335.33M) 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
-$9.4M
Investing
-$3.3M
Financing
-$2.0M
IIIN's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

IIIN vs Metal Fabrication Stocks

TickerMarket Cap1d %P/EP/B
IIIN$583.76M+1.63%4.68x1.50x
HAYN$613.03M-2.00%13.52x1.63x
PRLB$715.89M-0.45%31.06x0.88x
CMPO$382.50M0.00%2.07x-0.41x
NWPX$367.31M-1.23%14.40x1.19x

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 $47.70, and its 52-week low was $24.00. It is currently -37.17% from its 52-week high and 24.9% from its 52-week low.

How much is Insteel Industries stock worth today?

(NYSE: IIIN) Insteel Industries currently has 19,478,099 outstanding shares. With Insteel Industries stock trading at $29.97 per share, the total value of Insteel Industries stock (market capitalization) is $583.76M.

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 24 years would have been 771.22%, for an annualized return of 9.44% (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 $29.97 today (as of Dec 1, 2022).

What is Insteel Industries's Market Cap?

(NYSE: IIIN) Insteel Industries's market cap is $583.76M, as of Dec 3, 2022.

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 $29.97 by IIIN's total outstanding shares of 19,478,099.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.