Insteel Industries IIIN

$27.77 -2.53 (-8.35%)

Valuation

Market cap
586,547,000
Revenue TTM
$647,710,000
Net income TTM
$41,020,000
PE ratio
16.34
Forward PE
12.56
Profit margin
6.33%
Debt to equity
0.00

Trading

Volume
263,100
Avg volume
150,864
Day's range
$27.33 – $29.85
Shares out
19,358,000
Stochastic %K
12%
Beta
0.54
Analysts
Hold
Price target
$39.00

Price

Company profile

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, a seven-wire strand that is used to impart compression forces into precast concrete elements and structures providing reinforcement for bridges, p...

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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, 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. It sells its products through sales representatives to the manufacturers of concrete products, rebar fabricators, distributors, and contractors. Insteel Industries Inc. was founded in 1953 and is headquartered in Mount Airy, North Carolina.

Industry
Metal Fabrication
Sector
Industrials
Phone
336 786 2141
Website
https://www.insteel.com
Address
1373 Boggs Drive, Mount Airy, United States

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