Insteel Industries/IIIN

$36.27

-0.38%
-
1D1W1MYTD1YMAX

About Insteel Industries

Insteel Industries, Inc. is a manufacturer of steel wire reinforcing products for concrete construction applications. The Company's operations are focused on the manufacture and marketing of steel wire reinforcing products for concrete construction applications. The Company's concrete reinforcing products consist of two product lines: prestressed concrete strand (PC strand) and welded wire reinforcement (WWR). 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. 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 Company sells its products nationwide across the United States, Canada, Mexico, and Central and South America.

Ticker

IIIN

Sector

Consumer Cyclicals

Trading on

NYSE

Industry

Constr. - Supplies & Fixtures

CEO

H. Woltz

Employees

884

Headquarters

Mount airy, United States

IIIN Metrics

BasicAdvanced
$705.39M
Market cap
31.63
P/E ratio
$1.15
EPS
1.14
Beta
$0.12
Dividend rate
0.33%
Dividend yield

What the Analysts think about IIIN

Analyst Ratings

Majority rating from 1 analysts.
Hold

Price Targets

Average projection from 2 analysts.
3.39% upside
High $39.00
Low $36.00
$36.27
Current price
$37.50
Average price target

IIIN Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
0.9% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$121.7M
-22.73%
Net income
$1.1M
-80.36%
Profit margin
0.9%
-74.65%

IIIN Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 20%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.26
$0.54
$0.29
$0.06
-
Expected
$0.46
$0.67
$0.66
$0.05
$0.30
Surprise
-43.48%
-18.8%
-56.06%
20%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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