Insteel Net Income From Continuing Ops from 2010 to 2026

IIIN Stock  USD 32.88  0.80  2.49%   
Insteel Industries Net Income From Continuing Ops yearly trend continues to be very stable with very little volatility. Net Income From Continuing Ops is likely to drop to about 33.5 M. During the period from 2010 to 2026, Insteel Industries Net Income From Continuing Ops quarterly data regression pattern had range of 125.4 M and standard deviation of  29,560,770. View All Fundamentals
 
Net Income From Continuing Ops  
First Reported
2000-12-31
Previous Quarter
14.6 M
Current Value
7.6 M
Quarterly Volatility
7.4 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Insteel Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Insteel Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 22.2 M, Interest Expense of 44.5 K or Total Revenue of 782.1 M, as well as many indicators such as Price To Sales Ratio of 1.2, Dividend Yield of 0.0882 or PTB Ratio of 0.99. Insteel financial statements analysis is a perfect complement when working with Insteel Industries Valuation or Volatility modules.
  
Build AI portfolio with Insteel Stock
Check out the analysis of Insteel Industries Correlation against competitors.
To learn how to invest in Insteel Stock, please use our How to Invest in Insteel Industries guide.
Evaluating Insteel Industries's Net Income From Continuing Ops across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Insteel Industries's fundamental strength.

Latest Insteel Industries' Net Income From Continuing Ops Growth Pattern

Below is the plot of the Net Income From Continuing Ops of Insteel Industries over the last few years. It is Insteel Industries' Net Income From Continuing Ops historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Insteel Industries' overall financial position and show how it may be relating to other accounts over time.
Net Income From Continuing Ops10 Years Trend
Slightly volatile
   Net Income From Continuing Ops   
       Timeline  

Insteel Net Income From Continuing Ops Regression Statistics

Arithmetic Mean31,657,146
Coefficient Of Variation93.38
Mean Deviation19,532,860
Median22,548,000
Standard Deviation29,560,770
Sample Variance873.8T
Range125.4M
R-Value0.48
Mean Square Error716.5T
R-Squared0.23
Significance0.05
Slope2,815,225
Total Sum of Squares13981.4T

Insteel Net Income From Continuing Ops History

202633.5 M
202547.2 M
202441 M
202319.3 M
202232.4 M
2021125 M
202066.6 M

About Insteel Industries Financial Statements

Insteel Industries investors utilize fundamental indicators, such as Net Income From Continuing Ops, to predict how Insteel Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Net Income From Continuing Ops47.2 M33.5 M

Pair Trading with Insteel Industries

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Insteel Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Insteel Industries will appreciate offsetting losses from the drop in the long position's value.

Moving together with Insteel Stock

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Moving against Insteel Stock

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The ability to find closely correlated positions to Insteel Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Insteel Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Insteel Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Insteel Industries to buy it.
The correlation of Insteel Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Insteel Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Insteel Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Insteel Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Insteel Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Insteel Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Insteel Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Insteel Industries Stock:
Check out the analysis of Insteel Industries Correlation against competitors.
To learn how to invest in Insteel Stock, please use our How to Invest in Insteel Industries guide.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Will Building Products sector continue expanding? Could Insteel diversify its offerings? Factors like these will boost the valuation of Insteel Industries. Market participants price Insteel higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Insteel Industries data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
6.033
Dividend Share
0.12
Earnings Share
2.43
Revenue Per Share
34.804
Quarterly Revenue Growth
0.233
Insteel Industries's market price often diverges from its book value, the accounting figure shown on Insteel's balance sheet. Smart investors calculate Insteel Industries' intrinsic value—its true economic worth—which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Insteel Industries' trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Insteel Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Insteel Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Insteel Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.