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Insteel Industries Inc

IIIN | US

26.91

USD

-0.44

-1.61%

IIIN | US

About Insteel Industries Inc

Sector

Industrials

Industry

Metal Fabrication

Earnings date

30/09/2024

As of date

21/10/2024

Close

26.91

Open

27.35

High

27.78

Low

26.74

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.

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IIIN | US

Risk
29.0
Sharpe
-0.68
Luna's Score
33/100
Recommendation
Sell

Luna says (IIIN | US)

What's Working

Value Stock (Price to Book < 3)

What's not Working

Negative Momentum (Declining Price)

Weakness based on declining price with high volume

Price Below SMA10D

Smallcap (300M - 2B USD)

High Market Beta (> 0.8)

Weak Operating Margin (< 10%)

Declining Revenue (< 0%)

Weak Sharpe Ratio (< 0.3)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

10 days

26.0%

1 month

29.0%

3 months

34.7%

6 months

34.2%

Returns

Fundamental Ratios

PE

27.63

Fwd. PE

13.81

Price to book

1.55

Debt to equity

-

Debt to assets

-

Ent. to EBITDA

11.02

Ent. to rev.

0.85

PEG

1.15

Other Fundamentals

EBITDA

35.39M

MarketCap

523.26M

MarketCap(USD)

523.26M

Div. yield

0.43

Op. margin

3.52

Erngs. growth

-17.00

Rev. growth

-14.70

Ret. on equity

5.27

Short ratio

1.46

Short perc.

1.20

Market Sentiment (SMA and Price signals)

Short-term: Bearish (SMA10D < SMA1M)

Intermediate-term: Bearish (SMA1M < SMA3M)

Long-term: Bearish (SMA6M < SMA12M)

SMAs: Stock Price Trends

Range10D

3.40

Range1M

5.09

Range3M

8.78

Volumes: Market Activity

Rel. volume

1.42

Price X volume

5.64M

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Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA11.028.77Expensive
Ent. to Revenue0.851.83Cheaper
PE Ratio27.6325.93Par
Price to Book1.552.66Cheaper
Dividend Yield0.431.21Poor
Std. Deviation (3M)34.6842.62Par
Debt to Equity-0.69-
Debt to Assets-0.36-
Market Cap523.26M2.72BEmerging
  • 1

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