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Industrials - Manufacturing - Metal Fabrication - NYSE - US
$ 30.13
-0.199 %
$ 586 M
Market Cap
30.43
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one IIIN stock under the base case scenario is HIDDEN Compared to the current market price of 30.1 USD, Insteel Industries, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart IIIN

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FINANCIALS
529 M REVENUE
-18.48%
20 M OPERATING INCOME
-42.27%
19.3 M NET INCOME
-40.44%
58.2 M OPERATING CASH FLOW
-59.07%
-19.6 M INVESTING CASH FLOW
6.03%
-52.7 M FINANCING CASH FLOW
-19.91%
134 M REVENUE
-7.87%
4.79 M OPERATING INCOME
-36.22%
4.67 M NET INCOME
-28.88%
16.2 M OPERATING CASH FLOW
-13.52%
-1.76 M INVESTING CASH FLOW
46.38%
-673 K FINANCING CASH FLOW
59.92%
Balance Sheet Decomposition Insteel Industries, Inc.
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Current Assets 267 M
Cash & Short-Term Investments 112 M
Receivables 59.7 M
Other Current Assets 96.1 M
Non-Current Assets 155 M
Long-Term Investments -6.05 M
PP&E 127 M
Other Non-Current Assets 34.1 M
Current Liabilities 47 M
Accounts Payable 37.5 M
Short-Term Debt 877 K
Other Current Liabilities 8.67 M
Non-Current Liabilities 24.7 M
Long-Term Debt 811 K
Other Non-Current Liabilities 23.9 M
EFFICIENCY
Earnings Waterfall Insteel Industries, Inc.
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Revenue 529 M
Cost Of Revenue 480 M
Gross Profit 49.6 M
Operating Expenses 29.6 M
Operating Income 20 M
Other Expenses 736 K
Net Income 19.3 M
RATIOS
9.38% GROSS MARGIN
9.38%
3.79% OPERATING MARGIN
3.79%
3.65% NET MARGIN
3.65%
5.50% ROE
5.50%
4.57% ROA
4.57%
4.36% ROIC
4.36%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Insteel Industries, Inc.
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Net Income 19.3 M
Depreciation & Amortization 15.4 M
Capital Expenditures -19.1 M
Stock-Based Compensation 3.07 M
Change in Working Capital 17.6 M
Others -2.72 M
Free Cash Flow 39.1 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Insteel Industries, Inc.
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IIIN has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.10% DIVIDEND YIELD
0.03 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Insteel Industries, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
62 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
8 months ago
Mar 01, 2024
Sell 62 K USD
Wagner Richard
Senior Vice President and COO
- 1715
36.1419 USD
1 year ago
Sep 06, 2023
Sell 1.44 K USD
PETELLE JAMES F
VP and Asst. Secretary
- 43
33.53 USD
1 year ago
Sep 06, 2023
Sell 48.8 K USD
PETELLE JAMES F
VP and Asst. Secretary
- 1456
33.5 USD
1 year ago
Aug 21, 2023
Sell 77.8 K USD
Wagner Richard
Senior Vice President and COO
- 2533
30.7 USD
1 year ago
Aug 11, 2023
Sell 82.8 K USD
Wagner Richard
Senior Vice President and COO
- 2628
31.51 USD
1 year ago
Jun 06, 2023
Sell 156 K USD
PETELLE JAMES F
Vice President, Sec. and CLO
- 4908
31.76 USD
1 year ago
Feb 07, 2023
Sell 100 K USD
PETELLE JAMES F
Vice President, Sec. and CLO
- 3285
30.51 USD
2 years ago
Jun 06, 2022
Sell 21.8 K USD
Jafroodi Scot R
VP and Chief Acct. Officer
- 500
43.54 USD
2 years ago
Jun 07, 2022
Sell 32.7 K USD
Jafroodi Scot R
VP and Chief Acct. Officer
- 750
43.64 USD
2 years ago
May 18, 2022
Sell 49.5 K USD
Jafroodi Scot R
VP and Chief Acct. Officer
- 1088
45.5 USD
2 years ago
May 18, 2022
Sell 450 K USD
Wagner Richard
Senior Vice President & COO
- 10576
42.58 USD
2 years ago
May 17, 2022
Sell 1.76 M USD
Wagner Richard
Senior Vice President & COO
- 40877
42.98 USD
2 years ago
May 17, 2022
Sell 49.5 K USD
Jafroodi Scot R
VP and Chief Acct. Officer
- 1088
45.5 USD
2 years ago
May 04, 2022
Sell 110 K USD
PETELLE JAMES F
Vice President, Sec. and CLO
- 2407
45.84 USD
3 years ago
Nov 17, 2021
Sell 135 K USD
Jafroodi Scot R
VP and Chief Acct. Officer
- 3000
45.03 USD
3 years ago
Aug 17, 2021
Sell 47.2 K USD
Wagner Richard
Senior Vice President & COO
- 1194
39.553 USD
3 years ago
Aug 16, 2021
Sell 418 K USD
WOLTZ H O III
Chairman, President and CEO
- 10000
41.827 USD
3 years ago
Aug 12, 2021
Sell 437 K USD
PETELLE JAMES F
Vice President, Sec. and CLO
- 10165
42.977 USD
3 years ago
Aug 11, 2021
Sell 183 K USD
Jafroodi Scot R
VP and Chief Acct. Officer
- 4337
42.24 USD
3 years ago
May 05, 2021
Sell 203 K USD
Jafroodi Scot R
VP and Chief Acct. Officer
- 5160
39.34 USD
3 years ago
May 03, 2021
Sell 251 K USD
PETELLE JAMES F
Vice President, Sec. and CLO
- 6505
38.643 USD
3 years ago
Feb 05, 2021
Sell 37.9 K USD
PETELLE JAMES F
Vice President, Sec. and CLO
- 1403
27.01 USD
4 years ago
Aug 11, 2020
Sell 25.5 K USD
PETELLE JAMES F
Vice President
- 1270
20.05 USD
4 years ago
Jan 21, 2020
Sell 49.9 K USD
PETELLE JAMES F
Vice President
- 1928
25.87 USD
5 years ago
Apr 22, 2019
Bought 55.3 K USD
RUTKOWSKI JOSEPH A
Director
+ 3000
18.444 USD
5 years ago
Apr 22, 2019
Bought 89.3 K USD
THOMPSON G KENNEDY
Director
+ 5000
17.86 USD
5 years ago
Apr 22, 2019
Bought 19.9 K USD
Ruth Jon M
Director
+ 1100
18.11 USD
5 years ago
Dec 07, 2018
Bought 104 K USD
Ruth Jon M
Director
+ 4000
26.04 USD
6 years ago
Aug 23, 2018
Sell 527 K USD
Wagner Richard
Vice President
- 13379
39.4205 USD
6 years ago
Aug 21, 2018
Sell 849 K USD
GAZMARIAN MICHAEL C
Vice President and CFO
- 21100
40.239 USD
6 years ago
Aug 22, 2018
Sell 593 K USD
GAZMARIAN MICHAEL C
Vice President and CFO
- 14800
40.079 USD
6 years ago
Aug 20, 2018
Sell 139 K USD
GAZMARIAN MICHAEL C
Vice President and CFO
- 3451
40.248 USD
6 years ago
Aug 20, 2018
Sell 102 K USD
PETELLE JAMES F
Vice President
- 2572
39.652 USD
6 years ago
Aug 15, 2018
Sell 328 K USD
GAZMARIAN MICHAEL C
Vice President and CFO
- 7955
41.21 USD
6 years ago
Aug 16, 2018
Sell 1.33 M USD
GAZMARIAN MICHAEL C
Vice President and CFO
- 32854
40.604 USD
6 years ago
Aug 14, 2018
Sell 156 K USD
WOLTZ H O III
Chairman, President and CEO
- 3700
42.296 USD
6 years ago
Aug 15, 2018
Sell 828 K USD
WOLTZ H O III
Chairman, President and CEO
- 20335
40.72 USD
6 years ago
Aug 16, 2018
Sell 7.49 K USD
WOLTZ H O III
Chairman, President and CEO
- 184
40.71 USD
6 years ago
Aug 15, 2018
Sell 81.5 K USD
NEWSOME CHARLES B
Director
- 2000
40.77 USD
6 years ago
Aug 15, 2018
Sell 162 K USD
NEWSOME CHARLES B
Director
- 4000
40.5 USD
6 years ago
Aug 09, 2018
Sell 566 K USD
PETELLE JAMES F
Vice President
- 13202
42.907 USD
6 years ago
Aug 09, 2018
Sell 214 K USD
ROGERS W ALLEN II
Director
- 5000
42.709 USD
6 years ago
Aug 08, 2018
Sell 244 K USD
Jafroodi Scot R
Chief Accounting Officer
- 5670
42.966 USD
6 years ago
May 24, 2018
Sell 178 K USD
Jafroodi Scot R
Chief Accounting Officer
- 5591
31.75 USD
6 years ago
May 18, 2018
Sell 52.3 K USD
PETELLE JAMES F
Vice President
- 1634
32 USD
6 years ago
Feb 20, 2018
Sell 38.8 K USD
PETELLE JAMES F
Vice President
- 1237
31.376 USD
7 years ago
Nov 14, 2017
Sell 3.32 K USD
NEWSOME CHARLES B
Director
- 130
25.57 USD
7 years ago
Oct 24, 2017
Sell 27.1 K USD
PETELLE JAMES F
Vice President
- 1000
27.11 USD
7 years ago
May 24, 2017
Sell 339 K USD
Wagner Richard
Vice President
- 10732
31.621 USD
7 years ago
May 22, 2017
Sell 327 K USD
Wagner Richard
Vice President
- 10233
31.98 USD
7 years ago
May 23, 2017
Sell 327 K USD
Wagner Richard
Vice President
- 10232
31.995 USD
7 years ago
Mar 02, 2017
Sell 196 K USD
Jafroodi Scot R
Chief Accounting Officer
- 5282
37.088 USD
7 years ago
Mar 01, 2017
Sell 93.9 K USD
Wagner Richard
Vice President
- 2466
38.086 USD
7 years ago
Mar 01, 2017
Sell 384 K USD
Wagner Richard
Vice President
- 10000
38.396 USD
7. News
Insteel Industries Acquires Assets of Engineered Wire Products MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) today announced that its wholly-owned subsidiary, Insteel Wire Products Company (together referred to as “Insteel” or the “Company” in this press release), has acquired Engineered Wire Products, Inc. (“EWP”) for $70.0 million in an asset transaction, subject to certain adjustments. The transaction was funded from cash on hand. EWP is a leading manufacturer of welded wire reinforcement products for use in nonresidential and. businesswire.com - 3 weeks ago
Insteel Industries, Inc. (IIIN) Q4 2024 Earnings Call Transcript Insteel Industries, Inc. (NYSE:IIIN ) Q4 2024 Earnings Conference Call October 17, 2024 10:00 AM ET Company Participants H.O. Woltz III - President and Chief Executive Officer Scot Jafroodi - Vice President, Chief Financial Officer and Treasurer Conference Call Participants Julio Romero - Sidoti & Company Tyson Bauer - Kansas City Capital Associates Operator Good morning, all, and thank you for joining us for the Insteel Industries Fourth Quarter 2024 Earnings Call. seekingalpha.com - 1 month ago
Insteel Industries (IIIN) Q4 Earnings Meet Estimates Insteel Industries (IIIN) came out with quarterly earnings of $0.24 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.29 per share a year ago. zacks.com - 1 month ago
Insteel Industries Reports Fourth Quarter and Fiscal 2024 Results MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) (“Insteel” or the “Company”), the nation's largest manufacturer of steel wire reinforcing products for concrete construction applications, today announced financial results for its fourth quarter and fiscal year ended September 28, 2024. Fourth Quarter 2024 Highlights Net sales of $134.3 million Gross profit of $12.3 million, or 9.1% of net sales Net income of $4.7 million, or $0.24 per share Operating cash flow of $16.2 mi. businesswire.com - 1 month ago
Insteel Industries Announces Fourth Quarter 2024 Conference Call MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) today announced that its fourth quarter 2024 earnings conference call will be webcast live over the internet on Thursday, October 17, 2024 at 10:00 a.m. ET following the release of the Company's fourth quarter financial results at 6:30 a.m. ET on that same day. The conference call can be accessed on the Company's website at https://investor.insteel.com and will be archived for replay. About Insteel Insteel is the nation's l. businesswire.com - 2 months ago
Get Your Money Out of These 7 Politically Risky Stocks Before November! The U.S. presidential election is heating up. We're less than 100 days away from the big vote now. investorplace.com - 3 months ago
Insteel Industries (IIIN) Lags Q3 Earnings and Revenue Estimates Insteel Industries (IIIN) came out with quarterly earnings of $0.34 per share, missing the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.54 per share a year ago. zacks.com - 4 months ago
New Strong Sell Stocks for July 17th IIIN, AESI and BF.B have been added to the Zacks Rank #5 (Strong Sell) List on July 17, 2024. zacks.com - 4 months ago
Are Investors Undervaluing Insteel Industries (IIIN) Right Now? Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. zacks.com - 4 months ago
Insteel Industries Announces Third Quarter 2024 Conference Call MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) today announced that its third quarter 2024 earnings conference call will be webcast live over the internet on Thursday, July 18, 2024, at 10:00 a.m. ET following the release of the Company's third quarter financial results at 6:30 a.m. ET on that same day. The conference call can be accessed on the Company's website at https://investor.insteel.com and will be archived for replay. About Insteel Insteel is the nation's large. businesswire.com - 4 months ago
BTG Pactual Timberland Investment Group to provide Microsoft with 8 million carbon removal credits NEW YORK--(BUSINESS WIRE)--Today, the BTG Pactual Timberland Investment Group (TIG) announced the execution of a carbon offset credit transaction with Microsoft. Under the terms of the agreement, TIG will provide Microsoft with up to 8 million nature-based carbon removal credits through 2043. The transaction is the largest known carbon dioxide removal credit transaction to date, according to MSCI Carbon Markets data. The credits will be delivered from TIG's $1 billion reforestation and restorat. businesswire.com - 4 months ago
Is Insteel Industries (IIIN) Stock Undervalued Right Now? Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. zacks.com - 5 months ago
8. Profile Summary

Insteel Industries, Inc. IIIN

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COUNTRY US
INDUSTRY Manufacturing - Metal Fabrication
MARKET CAP $ 586 M
Dividend Yield 0.10%
Description 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.
Contact 1373 Boggs Drive, Mount Airy, NC, 27030 https://www.insteel.com
IPO Date March 17, 1992
Employees 929
Officers Ms. Elizabeth Carroll Southern Vice President of Administration, Secretary & Chief Legal Officer Mr. Howard Osler Woltz III President, Chief Executive Officer & Chairman Mr. Scot R. Jafroodi Vice President, Chief Financial Officer & Treasurer Mr. Richard T. Wagner Senior Vice President & Chief Operating Officer Mr. James R. York Senior Vice President of Sourcing & Logistics