The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
In the latest session, Insteel Industries, Inc (NYSE: IIIN) closed at $24.63 down -2.65% from its previous closing price of $25.30. In other words, the price has decreased by -$2.65 from its previous closing price. On the day, 0.1 million shares were traded. IIIN stock price reached its highest trading level at $25.18 during the session, while it also had its lowest trading level at $24.63.
Ratios:
For a deeper understanding of Insteel Industries, Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.25. For the most recent quarter (mrq), Quick Ratio is recorded 3.79 and its Current Ratio is at 5.68. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Sidoti Downgraded its Buy to Neutral on January 22, 2020, while the target price for the stock was maintained at $28.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 01 ’24 when Wagner Richard sold 1,715 shares for $36.14 per share. The transaction valued at 61,983 led to the insider holds 40,952 shares of the business.
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 478575648 and an Enterprise Value of 369257024. As of this moment, Insteel’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.98, and their Forward P/E ratio for the next fiscal year is 8.77. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.08. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.90 while its Price-to-Book (P/B) ratio in mrq is 1.37. Its current Enterprise Value per Revenue stands at 0.698 whereas that against EBITDA is 10.415.
Stock Price History:
Over the past 52 weeks, IIIN has reached a high of $37.13, while it has fallen to a 52-week low of $25.27. The 50-Day Moving Average of the stock is -13.05%, while the 200-Day Moving Average is calculated to be -18.85%.
Shares Statistics:
For the past three months, IIIN has traded an average of 138.97K shares per day and 90560 over the past ten days. A total of 19.45M shares are outstanding, with a floating share count of 18.47M. Insiders hold about 4.93% of the company’s shares, while institutions hold 82.82% stake in the company. Shares short for IIIN as of 1734048000 were 389971 with a Short Ratio of 2.81, compared to 1731628800 on 354791. Therefore, it implies a Short% of Shares Outstanding of 389971 and a Short% of Float of 2.5899999.
Dividends & Splits
According to the company, the forward annual dividend rate for IIIN is 0.12, from 0.12 in the trailing year. Against a Trailing Annual Dividend Yield of 0.004743083The stock’s 5-year Average Dividend Yield is 0.42.
