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In the latest session, Insteel Industries, Inc. (NYSE: IIIN) closed at $27.35 down -2.50% from its previous closing price of $28.05. In other words, the price has decreased by -$2.50 from its previous closing price. On the day, 0.55 million shares were traded. IIIN stock price reached its highest trading level at $28.2599 during the session, while it also had its lowest trading level at $27.26.
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 4.77 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.61. 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 0.01 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 531818016 and an Enterprise Value of 421841696. As of this moment, Insteel’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.74, and their Forward P/E ratio for the next fiscal year is 10.48. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.00 while its Price-to-Book (P/B) ratio in mrq is 1.54. Its current Enterprise Value per Revenue stands at 0.797 whereas that against EBITDA is 11.919.
Stock Price History:
Over the past 52 weeks, IIIN has reached a high of $39.38, while it has fallen to a 52-week low of $25.01. The 50-Day Moving Average of the stock is -12.61%, while the 200-Day Moving Average is calculated to be -17.41%.
Shares Statistics:
For the past three months, IIIN has traded an average of 113.72K shares per day and 142100 over the past ten days. A total of 19.45M shares are outstanding, with a floating share count of 18.47M. Insiders hold about 5.00% of the company’s shares, while institutions hold 83.30% stake in the company. Shares short for IIIN as of 1727654400 were 221979 with a Short Ratio of 1.95, compared to 1724976000 on 514712. Therefore, it implies a Short% of Shares Outstanding of 221979 and a Short% of Float of 1.2.
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 0.004278075The stock’s 5-year Average Dividend Yield is 0.43.
