Insteel Industries Stock Buy Hold or Sell Recommendation
| IIIN Stock | USD 29.26 0.19 0.65% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Insteel Industries is 'Strong Hold'. The recommendation algorithm takes into account all of Insteel Industries' available fundamental, technical, and predictive indicators you will find on this site.
Check out Insteel Industries Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Insteel Stock, please use our How to Invest in Insteel Industries guide. In addition, we conduct extensive research on individual companies such as Insteel and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Insteel Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Insteel |
Execute Insteel Industries Buy or Sell Advice
The Insteel recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Insteel Industries. Macroaxis does not own or have any residual interests in Insteel Industries or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Insteel Industries' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Insteel Industries Trading Alerts and Improvement Suggestions
| Insteel Industries has a strong financial position based on the latest SEC filings | |
| Over 84.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Pacer Advisors Inc. Sells 226,900 Shares of Insteel Industries, Inc. - MarketBeat |
Insteel Industries Returns Distribution Density
The distribution of Insteel Industries' historical returns is an attempt to chart the uncertainty of Insteel Industries' future price movements. The chart of the probability distribution of Insteel Industries daily returns describes the distribution of returns around its average expected value. We use Insteel Industries price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Insteel Industries returns is essential to provide solid investment advice for Insteel Industries.
| Mean Return | 0.06 | Value At Risk | -2.89 | Potential Upside | 3.46 | Standard Deviation | 2.11 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Insteel Industries historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Insteel Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Insteel Industries, soars without any apparent reason. This usually happens because many institutional investors are aggressively trading Insteel Industries back and forth among themselves. Companies that invest excess capital in these types of assets may also be included in this term and can influence corporate governance by exercising voting rights in their investments.
| Shares | Bruce & Co Inc | 2024-09-30 | 343.4 K | Robotti Robert | 2024-09-30 | 298.1 K | First Trust Advisors L.p. | 2024-09-30 | 274.8 K | Oppenheimer & Co Inc | 2024-09-30 | 271.7 K | Hotchkis & Wiley Capital Management Llc | 2024-09-30 | 224.7 K | Northern Trust Corp | 2024-09-30 | 204.1 K | Charles Schwab Investment Management Inc | 2024-09-30 | 186.5 K | Bank Of New York Mellon Corp | 2024-09-30 | 184.3 K | Royal Bank Of Canada | 2024-09-30 | 167.1 K | Blackrock Inc | 2024-09-30 | 3.4 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.2 M |
Insteel Industries Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change To Inventory | (10.1M) | (118.6M) | 94.3M | 14.5M | 13.0M | 13.7M | |
| Change In Cash | 21.2M | (41.6M) | 77.4M | (14.1M) | (16.3M) | (15.4M) | |
| Free Cash Flow | 52.4M | (10.2M) | 111.5M | 39.1M | 44.9M | 47.2M | |
| Depreciation | 14.5M | 14.5M | 13.3M | 15.4M | 17.7M | 18.6M | |
| Other Non Cash Items | 72K | (779K) | (3.7M) | (1.4M) | (1.2M) | (1.2M) | |
| Dividends Paid | 31.3M | 41.2M | 41.3M | (50.9M) | (58.6M) | (55.7M) | |
| Capital Expenditures | 17.5M | 15.9M | 30.7M | 19.1M | 22.0M | 11.7M | |
| Net Income | 66.6M | 125.0M | 32.4M | 19.3M | 22.2M | 18.4M | |
| End Period Cash Flow | 89.9M | 48.3M | 125.7M | 111.5M | 128.3M | 134.7M | |
| Change To Netincome | 390K | 1.9M | (119.3M) | (1.1M) | (1.0M) | (1.1M) | |
| Investments | (17.8M) | (6.0M) | (20.9M) | (19.6M) | (17.7M) | (18.6M) |
Insteel Industries Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Insteel Industries or Building Products sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Insteel Industries' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Insteel stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.50 | |
σ | Overall volatility | 2.18 | |
Ir | Information ratio | -0.01 |
Insteel Industries Volatility Alert
Insteel Industries has relatively low volatility with skewness of 1.0 and kurtosis of 2.41. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Insteel Industries' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Insteel Industries' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Insteel Industries Fundamentals Vs Peers
Comparing Insteel Industries' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Insteel Industries' direct or indirect competition across all of the common fundamentals between Insteel Industries and the related equities. This way, we can detect undervalued stocks with similar characteristics as Insteel Industries or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Insteel Industries' fundamental indicators could also be used in its relative valuation, which is a method of valuing Insteel Industries by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Insteel Industries to competition |
| Fundamentals | Insteel Industries | Peer Average |
| Return On Equity | 0.0527 | -0.31 |
| Return On Asset | 0.0288 | -0.14 |
| Profit Margin | 0.04 % | (1.27) % |
| Operating Margin | 0.04 % | (5.51) % |
| Current Valuation | 531.21 M | 16.62 B |
| Shares Outstanding | 19.43 M | 571.82 M |
| Shares Owned By Insiders | 4.85 % | 10.09 % |
| Shares Owned By Institutions | 84.26 % | 39.21 % |
| Number Of Shares Shorted | 314.37 K | 4.71 M |
| Price To Earning | 15.12 X | 28.72 X |
| Price To Book | 1.70 X | 9.51 X |
| Price To Sales | 1.07 X | 11.42 X |
| Revenue | 529.2 M | 9.43 B |
| Gross Profit | 49.63 M | 27.38 B |
| EBITDA | 40.79 M | 3.9 B |
| Net Income | 19.3 M | 570.98 M |
| Cash And Equivalents | 48.32 M | 2.7 B |
| Cash Per Share | 2.48 X | 5.01 X |
| Total Debt | 1.69 M | 5.32 B |
| Debt To Equity | 0 % | 48.70 % |
| Current Ratio | 5.36 X | 2.16 X |
| Book Value Per Share | 18.04 X | 1.93 K |
| Cash Flow From Operations | 58.21 M | 971.22 M |
| Short Ratio | 2.42 X | 4.00 X |
| Earnings Per Share | 0.99 X | 3.12 X |
| Price To Earnings To Growth | 2.02 X | 4.89 X |
| Target Price | 34.0 | |
| Number Of Employees | 929 | 18.84 K |
| Beta | 1.09 | -0.15 |
| Market Capitalization | 564.85 M | 19.03 B |
| Total Asset | 422.55 M | 29.47 B |
| Retained Earnings | 245.34 M | 9.33 B |
| Working Capital | 220.26 M | 1.48 B |
Note: Disposition of tradable shares by Richard Wagner of Insteel Industries at 28.04 subject to Rule 16b-3 [view details]
Insteel Industries Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Insteel . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 4629.86 | |||
| Daily Balance Of Power | 0.2159 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 29.51 | |||
| Day Typical Price | 29.43 | |||
| Price Action Indicator | (0.15) | |||
| Period Momentum Indicator | 0.19 |
About Insteel Industries Buy or Sell Advice
When is the right time to buy or sell Insteel Industries? Buying financial instruments such as Insteel Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Insteel Industries Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Insteel Stock, please use our How to Invest in Insteel Industries guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Building Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Insteel Industries. If investors know Insteel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Insteel Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.17) | Earnings Share 0.99 | Revenue Per Share | Quarterly Revenue Growth (0.15) | Return On Assets |
The market value of Insteel Industries is measured differently than its book value, which is the value of Insteel that is recorded on the company's balance sheet. Investors also form their own opinion of Insteel Industries' value that differs from its market value or its book value, called intrinsic value, which is Insteel Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Insteel Industries' market value can be influenced by many factors that don't directly affect Insteel Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic 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.