Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $34.99 in the prior trading day, Insteel Industries, Inc (NYSE: IIIN) closed at $34.86, down -0.37%. In other words, the price has decreased by -$0.37 from its previous closing price. On the day, 0.11 million shares were traded. IIIN stock price reached its highest trading level at $35.53 during the session, while it also had its lowest trading level at $34.82.
Ratios:
Our goal is to gain a better understanding of IIIN by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 23.81 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.57. For the most recent quarter (mrq), Quick Ratio is recorded 2.11 and its Current Ratio is at 3.87. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
Sidoti Downgraded its Buy to Neutral on January 22, 2020, while the target price for the stock was maintained at $28.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 19 ’24 when Wagner Richard bought 21 shares for $28.57 per share. The transaction valued at 600 led to the insider holds 42,179 shares of the business.
Wagner Richard sold 13 shares of IIIN for $365 on Jan 21 ’25. The Senior Vice President and COO now owns 42,166 shares after completing the transaction at $28.04 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IIIN now has a Market Capitalization of 676688384 and an Enterprise Value of 651756736. As of this moment, Insteel’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.23, and their Forward P/E ratio for the next fiscal year is 11.70. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.19 while its Price-to-Book (P/B) ratio in mrq is 1.98. Its current Enterprise Value per Revenue stands at 1.143 whereas that against EBITDA is 14.633.
Stock Price History:
The Beta on a monthly basis for IIIN is 0.72, which has changed by 0.09244752 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, IIIN has reached a high of $37.61, while it has fallen to a 52-week low of $22.49. The 50-Day Moving Average of the stock is 3.23%, while the 200-Day Moving Average is calculated to be 17.36%.
Shares Statistics:
The stock has traded on average 161.39K shares per day over the past 3-months and 99360 shares per day over the last 10 days, according to various share statistics. A total of 19.41M shares are outstanding, with a floating share count of 18.45M. Insiders hold about 4.96% of the company’s shares, while institutions hold 85.34% stake in the company. Shares short for IIIN as of 1748563200 were 424763 with a Short Ratio of 2.63, compared to 1745971200 on 613780. Therefore, it implies a Short% of Shares Outstanding of 424763 and a Short% of Float of 2.8199999.
Dividends & Splits
In the trailing 12 months, IIIN’s forward annual dividend rate was 0.12, compared to 0.12 this year. Against a Trailing Annual Dividend Yield of 0.0034295511The stock’s 5-year Average Dividend Yield is 0.4. The current Payout Ratio is 12.17% for IIIN, which recently paid a dividend on 2025-06-13 with an ex-dividend date of 1749772800. Stock splits for the company last occurred on 2006-06-19 when the company split stock in a 2:1 ratio.
