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IIIN

IIIN - Insteel Industries Inc Stock Price, Fair Value and News

32.99USD+0.24 (+0.73%)Market Closed

Market Summary

IIIN
USD32.99+0.24
Market Closed
0.73%

IIIN Stock Price

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IIIN RSI Chart

IIIN Valuation

Market Cap

636.9M

Price/Earnings (Trailing)

28.4

Price/Sales (Trailing)

1.05

EV/EBITDA

12.93

Price/Free Cashflow

4.86

IIIN Price/Sales (Trailing)

IIIN Profitability

EBT Margin

4.78%

Return on Equity

6.72%

Return on Assets

5.74%

Free Cashflow Yield

20.57%

IIIN Fundamentals

IIIN Revenue

Revenue (TTM)

604.0M

Rev. Growth (Yr)

-27.07%

Rev. Growth (Qtr)

-22.73%

IIIN Earnings

Earnings (TTM)

22.4M

Earnings Growth (Yr)

-89.82%

Earnings Growth (Qtr)

-79.88%

Breaking Down IIIN Revenue

52 Week Range

25.4435.80
(Low)(High)

Last 7 days

-4.5%

Last 30 days

-7.1%

Last 90 days

-4.1%

Trailing 12 Months

18.1%

How does IIIN drawdown profile look like?

IIIN Financial Health

Current Ratio

6.93

Debt/Equity

0.02

Debt/Cashflow

24.42

IIIN Investor Care

Dividend Yield

8%

Dividend/Share (TTM)

2.62

Buy Backs (1Y)

0.01%

Diluted EPS (TTM)

1.15

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023761.1M699.7M649.2M604.0M
2022723.7M790.1M826.8M815.3M
2021518.8M557.6M590.6M649.5M
2020452.1M447.8M472.6M494.7M
2019464.1M463.7M455.7M449.2M
2018399.0M428.7M453.2M459.6M
2017413.8M395.1M388.9M392.7M
2016434.9M433.5M418.5M420.0M
2015442.7M446.5M447.5M429.3M
2014373.8M390.1M409.0M432.4M
2013360.2M363.6M363.9M365.2M
2012369.5M364.5M363.3M364.4M
2011274.2M305.6M336.9M369.4M
20100220.9M211.6M242.9M
200900230.2M0
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Tracking the Latest Insider Buys and Sells of Insteel Industries Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 01, 2024
wagner richard
sold
-61,983
36.1419
-1,715
senior vice president and coo
Feb 16, 2024
york james r.
sold
-32,923
35.25
-934
senior vice president
Feb 16, 2024
woltz h o iii
sold
-179,669
35.25
-5,097
chairman, president and ceo
Feb 16, 2024
wagner richard
sold
-82,344
35.25
-2,336
senior vice president and coo
Feb 16, 2024
wagner richard
acquired
82,344
35.25
2,336
senior vice president and coo
Feb 16, 2024
jafroodi scot r
sold
-32,923
35.25
-934
vp, cfo and treasurer
Feb 16, 2024
york james r.
sold (taxes)
-11,244
35.25
-319
senior vice president
Feb 16, 2024
woltz h o iii
sold (taxes)
-47,763
35.25
-1,355
chairman, president and ceo
Feb 16, 2024
woltz h o iii
acquired
179,669
35.25
5,097
chairman, president and ceo
Feb 16, 2024
york james r.
acquired
32,923
35.25
934
senior vice president

1–10 of 50

Which funds bought or sold IIIN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 16, 2024
Register Financial Advisors LLC
new
-
9,555
9,555
-%
Apr 15, 2024
Legato Capital Management LLC
unchanged
-
-2,005
1,094,620
0.13%
Apr 15, 2024
EXCHANGE TRADED CONCEPTS, LLC
reduced
-2.98
-12,291
376,391
0.01%
Apr 15, 2024
Cardinal Capital Management
added
21.17
192,743
1,112,890
0.18%
Apr 12, 2024
Bridge City Capital, LLC
added
2.47
91,479
4,095,270
1.49%
Apr 12, 2024
Unison Advisors LLC
added
6.92
41,972
666,175
0.07%
Apr 11, 2024
RDA Financial Network
added
15.66
51,523
385,027
0.13%
Apr 05, 2024
GAMMA Investing LLC
reduced
-42.66
-2,771
4,778
-%
Apr 05, 2024
CWM, LLC
reduced
-1.32
-
6,000
-%
Apr 03, 2024
Versant Capital Management, Inc
unchanged
-
-1.00
497
-%

1–10 of 48

Are Funds Buying or Selling IIIN?

Are funds buying IIIN calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own IIIN
No. of Funds

Unveiling Insteel Industries Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
6.62%
1,287,145
SC 13G/A
Feb 09, 2024
dimensional fund advisors lp
6.4%
1,239,317
SC 13G/A
Jan 30, 2024
royce & associates lp
4.25%
826,134
SC 13G/A
Jan 19, 2024
blackrock inc.
17.6%
3,422,661
SC 13G/A
Feb 14, 2023
price t rowe associates inc /md/
0.4%
79,640
SC 13G/A
Feb 10, 2023
dimensional fund advisors lp
5.9%
1,157,662
SC 13G/A
Feb 09, 2023
vanguard group inc
6.83%
1,330,467
SC 13G/A
Jan 26, 2023
blackrock inc.
17.7%
3,448,632
SC 13G/A
Jan 23, 2023
royce & associates lp
5.11%
994,903
SC 13G/A
Jan 20, 2023
blackrock inc.
17.7%
3,448,632
SC 13G/A

Recent SEC filings of Insteel Industries Inc

View All Filings
Date Filed Form Type Document
Mar 04, 2024
4
Insider Trading
Mar 01, 2024
144
Notice of Insider Sale Intent
Feb 21, 2024
4
Insider Trading
Feb 20, 2024
4
Insider Trading
Feb 20, 2024
4
Insider Trading
Feb 20, 2024
4
Insider Trading
Feb 15, 2024
4
Insider Trading
Feb 15, 2024
4
Insider Trading
Feb 15, 2024
4
Insider Trading
Feb 15, 2024
4
Insider Trading

Peers (Alternatives to Insteel Industries Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
182.9B
67.1B
1.81% 59.09%
17.71
2.73
12.84% 54.12%
169.4B
68.0B
-8.37% 58.11%
17.87
2.49
16.96% 2688.24%
41.3B
34.1B
1.77% 23.41%
49.18
1.21
21.34% -61.52%
41.1B
6.6B
-2.20% 27.88%
31.33
6.24
7.26% 13.25%
12.6B
14.9B
0.99% 11.51%
203.51
0.84
12.31% -81.65%
MID-CAP
9.0B
6.9B
-1.93% 72.73%
59.12
1.31
5.64% 109.59%
6.7B
15.5B
-1.44% 29.52%
48.7
0.44
12.59% -4.48%
6.0B
4.3B
2.54% 35.35%
32.09
1.39
19.51% -1.03%
3.7B
2.3B
-4.75% 28.63%
23.48
1.62
2.90% -35.23%
2.5B
1.7B
2.14% 15.15%
18.22
1.47
11.63% 33.59%
SMALL-CAP
970.3M
1.4B
-11.42% -60.02%
15.53
0.71
-24.65% -34.19%
854.8M
35.8M
6.67% -34.56%
-0.88
23.85
-27.93% -23.21%
795.2M
573.3M
21.48% 54.20%
24.58
1.39
26.00% -2.24%
365.1M
135.4M
-10.74% 179.53%
-22.26
2.7
-25.90% 65.37%
240.0M
99.2M
24.27% 262.81%
-19.59
2.42
-3.69% -37.37%

Insteel Industries Inc News

Latest updates
MarketBeat13 hours ago
Yahoo Finance15 Mar 202407:00 am

Insteel Industries Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-22.7%12215816615916720822721317817116113912013812211598.00113126112104
Gross Profit-55.2%6.0014.0020.0013.0018.0040.0058.0057.0042.0040.0032.0030.0020.0019.0015.0015.006.004.008.007.0011.00
  S&GA Expenses-21.7%6.008.008.008.007.008.008.007.0012.007.006.0010.009.009.007.0010.006.006.006.007.007.00
EBITDA Margin-16.9%0.07*0.08*0.11*0.15*0.20*0.21*0.22*0.21*0.19*0.17*0.14*0.12*---------
Interest Expenses45.0%0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Income Taxes-74.0%0.002.003.001.003.007.0011.0011.007.007.005.004.002.002.002.001.000.00-0.271.000.001.00
Earnings Before Taxes-78.6%2.007.0014.007.0014.0032.0050.0050.0030.0033.0024.0019.0011.009.009.006.001.00-2.033.001.005.00
EBT Margin-25.6%0.05*0.06*0.09*0.13*0.18*0.20*0.21*0.19*0.16*0.15*0.11*0.09*---------
Net Income-79.9%1.006.0011.005.0011.0024.0039.0039.0023.0025.0018.0015.008.007.007.004.001.00-1.772.001.004.00
Net Income Margin-25.6%0.04*0.05*0.07*0.10*0.14*0.15*0.16*0.15*0.13*0.11*0.09*0.07*---------
Free Cashflow-43.8%22.0039.0024.0047.0033.00-9.44-4.956.0014.004.0036.0015.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-12.7%391448445428424472481421369391372337310338337319306293305312311
  Current Assets-22.4%232299298288288335344283227247228192169197197176174161170175173
    Cash Equivalents-31.9%86.0012692.0080.0043.0048.0063.0070.0063.0090.0090.0059.0050.0069.0061.0040.0067.0038.007.000.0016.00
  Inventory-8.9%94.0010313313617119819212782.0079.0071.0069.0064.0069.0074.0072.0065.0071.00105117115
  Net PPE7.7%129120119112107108108107103106106105101101101112103105107109111
  Goodwill0%10.0010.0010.0010.0010.0010.0010.0010.0010.0010.0010.0010.0010.0010.0010.001.008.008.008.008.008.00
  Current Liabilities-27.6%33.0046.0051.0045.0045.0063.0095.0074.0063.0069.0076.0059.0047.0054.0060.0048.0040.0028.0038.0041.0048.00
  Long Term Debt--------------------5.00-
    LT Debt, Non Current--------------------5.00-
Shareholder's Equity-12.6%334382375365361390365325286302277259244265257251246246248247245
  Retained Earnings-17.4%230279273264260289267229190206182164150171164158154154157155155
  Additional Paid-In Capital0.7%84.0084.0083.0083.0082.0082.0081.0080.0079.0079.0078.0077.0077.0076.0076.0076.0075.0075.0074.0074.0073.00
Shares Outstanding0.2%19.0019.0020.0020.0020.0019.0020.0019.0019.0019.0019.0019.00---------
Float----425---576---491---217---289-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-43.8%21,83438,87423,75546,56533,006-9,444-4,9526,43513,6314,41636,22315,28913,95011,59618,020-2,96729,57532,54714,252-17,423-22,768
  Share Based Compensation-55.3%3988914219831301,034293830272814240710224751150941186856182845174
Cashflow From Investing-196.8%-12,382-4,172-11,260-7,1031,639-3,300-2,653990-1,076-3,921-4,961-5,903-3,020-3,5473,567-22,552-642-1,147-1,113-1,633-5,663
Cashflow From Financing-6312.8%-49,507-772-911-1,944-40,323-1,985925-720-39,419-438-375-628-29,436-732-579-1,232--668-6,1804,043-7.00
  Dividend Payments8323.1%49,19158458358439,50158458558339,41058258158029,5515785791,156-578578--
  Buy Backs-539-4031,0099161,204---------------

IIIN Income Statement

2023-12-30
Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Dec. 30, 2023
Dec. 31, 2022
Net sales$ 121,725$ 166,899
Cost of sales115,455149,113
Gross profit6,27017,786
Selling, general and administrative expense6,3677,126
Other income, net(22)(3,342)
Interest expense2924
Interest income(1,659)(440)
Earnings before income taxes1,55514,418
Income taxes4233,295
Net earnings$ 1,132$ 11,123
Net earnings per share:  
Basic (in dollars per share)$ 0.06$ 0.57
Diluted (in dollars per share)$ 0.06$ 0.57
Weighted average shares outstanding:  
Basic (in shares)19,49719,525
Diluted (in shares)19,57319,584
Cash dividends declared per share (in dollars per share)$ 2.53$ 2.03
Comprehensive income$ 1,132$ 11,123

IIIN Balance Sheet

2023-12-30
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 30, 2023
Sep. 30, 2023
Assets  
Cash and cash equivalents$ 85,615$ 125,670
Accounts receivable, net43,35463,424
Inventories94,142103,306
Other current assets8,7066,453
Total current assets231,817298,853
Property, plant and equipment, net129,300120,014
Intangibles, net5,9036,090
Goodwill9,7459,745
Other assets13,80312,811
Total assets390,568447,513
Liabilities and shareholders' equity  
Accounts payable23,85234,346
Accrued expenses9,58511,809
Total current liabilities33,43746,155
Other liabilities23,53619,853
Commitments and Contingencies 
Shareholders' equity:  
Common stock19,44819,454
Additional paid-in capital84,42583,832
Retained earnings230,005278,502
Accumulated other comprehensive loss(283)(283)
Total shareholders' equity333,595381,505
Total liabilities and shareholders' equity$ 390,568$ 447,513
IIIN
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. The company sells its products through sales representatives to the manufacturers of concrete products, rebar fabricators, distributors, and contractors primarily in the United States, Canada, Mexico, and Central and South America. Insteel Industries, Inc. was founded in 1953 and is headquartered in Mount Airy, North Carolina.
 CEO
 WEBSITEinsteel.com
 INDUSTRYApparel Manufacturing
 EMPLOYEES964

Insteel Industries Inc Frequently Asked Questions


What is the ticker symbol for Insteel Industries Inc? What does IIIN stand for in stocks?

IIIN is the stock ticker symbol of Insteel Industries Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Insteel Industries Inc (IIIN)?

As of Wed Apr 17 2024, market cap of Insteel Industries Inc is 636.93 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of IIIN stock?

You can check IIIN's fair value in chart for subscribers.

What is the fair value of IIIN stock?

You can check IIIN's fair value in chart for subscribers. The fair value of Insteel Industries Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Insteel Industries Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for IIIN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Insteel Industries Inc a good stock to buy?

The fair value guage provides a quick view whether IIIN is over valued or under valued. Whether Insteel Industries Inc is cheap or expensive depends on the assumptions which impact Insteel Industries Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for IIIN.

What is Insteel Industries Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 17 2024, IIIN's PE ratio (Price to Earnings) is 28.4 and Price to Sales (PS) ratio is 1.05. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. IIIN PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Insteel Industries Inc's stock?

In the past 10 years, Insteel Industries Inc has provided 0.059 (multiply by 100 for percentage) rate of return.