INSTEEL INDUSTRIES INC (IIIN) Stock Price, Forecast & Analysis
USA - New York Stock Exchange - NYSE:IIIN - US45774W1080 - Common Stock
IIIN Key Statistics, Chart & Performance
The current stock price of IIIN is 33.85 USD. In the past month the price increased by 2.73%. In the past year, price increased by 17.53%.
IIIN Technical Analysis
ChartMill assigns a technical rating of 6 / 10 to IIIN. When comparing the yearly performance of all stocks, IIIN is one of the better performing stocks in the market, outperforming 78.36% of all stocks.
IIIN Fundamental Analysis
ChartMill assigns a fundamental rating of 7 / 10 to IIIN. IIIN is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average.
IIIN Financial Highlights
Over the last trailing twelve months IIIN reported a non-GAAP Earnings per Share(EPS) of 2.43. The EPS increased by 145.45% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 7.01% | ||
| ROA | 10.42% | ||
| ROE | 13.25% | ||
| Debt/Equity | 0 |
IIIN Forecast & Estimates
6 analysts have analysed IIIN and the average price target is 39.78 USD. This implies a price increase of 17.52% is expected in the next year compared to the current price of 33.85.
For the next year, analysts expect an EPS growth of 32.11% and a revenue growth 12.1% for IIIN
IIIN Ownership
IIIN Latest News, Press Relases and Analysis
IIIN Competitors/Peers
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| CARR | CARRIER GLOBAL CORP | 19.86 | 46.50B | ||
| LII | LENNOX INTERNATIONAL INC | 21.26 | 17.73B | ||
| CSL | CARLISLE COS INC | 17.51 | 14.61B | ||
| MAS | MASCO CORP | 16.91 | 14.16B | ||
| BLDR | BUILDERS FIRSTSOURCE INC | 15.16 | 13.55B | ||
| WMS | ADVANCED DRAINAGE SYSTEMS IN | 25.67 | 12.06B | ||
| OC | OWENS CORNING | 8.59 | 9.94B | ||
| AOS | SMITH (A.O.) CORP | 18.52 | 9.82B | ||
| AWI | ARMSTRONG WORLD INDUSTRIES | 25.78 | 8.12B | ||
| ZWS | ZURN ELKAY WATER SOLUTIONS C | 31.25 | 7.74B | ||
| SSD | SIMPSON MANUFACTURING CO INC | 22.38 | 7.62B | ||
| AAON | AAON INC | 72.81 | 7.49B |
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About IIIN
Company Profile
Insteel Industries, Inc. engages in the manufacture of steel wire reinforcing products for concrete construction applications. The company is headquartered in Mount Airy, North Carolina and currently employs 1,007 full-time employees. The firm manufactures and markets prestressed concrete strand (PC strand) and welded wire reinforcement (WWR), including engineered structural mesh, concrete pipe reinforcement and standard welded wire reinforcement. The Company’s 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. Its WWR is produced as either a standard or a specially engineered reinforcing product for use in nonresidential and residential construction. Its products are sold to manufacturers of concrete products that are used in nonresidential construction. The firm sells its products nationwide across the United States, Canada, Mexico, and Central and South America.
Company Info
INSTEEL INDUSTRIES INC
1373 Boggs Dr
Mount Airy NORTH CAROLINA 27030 US
CEO: H. O. WOLTZ
Employees: 929
Phone: 19107862141
INSTEEL INDUSTRIES INC / IIIN FAQ
Can you describe the business of INSTEEL INDUSTRIES INC?
Insteel Industries, Inc. engages in the manufacture of steel wire reinforcing products for concrete construction applications. The company is headquartered in Mount Airy, North Carolina and currently employs 1,007 full-time employees. The firm manufactures and markets prestressed concrete strand (PC strand) and welded wire reinforcement (WWR), including engineered structural mesh, concrete pipe reinforcement and standard welded wire reinforcement. The Company’s 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. Its WWR is produced as either a standard or a specially engineered reinforcing product for use in nonresidential and residential construction. Its products are sold to manufacturers of concrete products that are used in nonresidential construction. The firm sells its products nationwide across the United States, Canada, Mexico, and Central and South America.
What is the current price of IIIN stock?
The current stock price of IIIN is 33.85 USD. The price decreased by -1.43% in the last trading session.
Does IIIN stock pay dividends?
INSTEEL INDUSTRIES INC (IIIN) has a dividend yield of 0.35%. The yearly dividend amount is currently 1.12.
What is the ChartMill rating of INSTEEL INDUSTRIES INC stock?
IIIN has a ChartMill Technical rating of 6 out of 10 and a ChartMill Fundamental rating of 7 out of 10.
What is the analyst forecast for IIIN stock?
6 analysts have analysed IIIN and the average price target is 39.78 USD. This implies a price increase of 17.52% is expected in the next year compared to the current price of 33.85.
Is INSTEEL INDUSTRIES INC (IIIN) stock a good buy?
This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on IIIN.
Can you provide the short interest for IIIN stock?
The outstanding short interest for INSTEEL INDUSTRIES INC (IIIN) is 2.35% of its float.