Insteel Industries Stock Price on March 31, 2023
| IIIN Stock | USD 29.26 0.19 0.65% |
Below is the normalized historical share price chart for Insteel Industries extending back to April 25, 1985. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Insteel Industries stands at 29.26, as last reported on the 30th of January, with the highest price reaching 29.95 and the lowest price hitting 29.12 during the day.
If you're considering investing in Insteel Stock, it is important to understand the factors that can impact its price. As of now, Insteel Stock is very steady. Insteel Industries holds Efficiency (Sharpe) Ratio of 0.0734, which attests that the entity had a 0.0734 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Insteel Industries, which you can use to evaluate the volatility of the firm. Please check out Insteel Industries' Risk Adjusted Performance of 0.0331, downside deviation of 1.78, and Market Risk Adjusted Performance of 0.1263 to validate if the risk estimate we provide is consistent with the expected return of 0.16%.
At this time, Insteel Industries' Total Stockholder Equity is very stable compared to the past year. As of the 30th of January 2025, Liabilities And Stockholders Equity is likely to grow to about 510.2 M, while Common Stock Shares Outstanding is likely to drop about 17.6 M. . At this time, Insteel Industries' Price To Sales Ratio is very stable compared to the past year. As of the 30th of January 2025, Price Earnings Ratio is likely to grow to 20.51, while Price Book Value Ratio is likely to drop 1.05. Insteel Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 17th of March 1992 | 200 Day MA 30.6296 | 50 Day MA 28.3696 | Beta 1.087 |
Insteel |
Sharpe Ratio = 0.0734
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Estimated Market Risk
| 2.18 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Insteel Industries is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Insteel Industries by adding it to a well-diversified portfolio.
Price Book 1.7031 | Enterprise Value Ebitda 12.8312 | Price Sales 1.0743 | Shares Float 18.5 M | Wall Street Target Price 34 |
Insteel Industries Main Headline on 31st of March 2023
Insteel Industries dividend paid on 31st of March 2023 |
Insteel Industries Valuation on March 31, 2023
It is possible to determine the worth of Insteel Industries on a given historical date. On March 31, 2023 Insteel was worth 27.72 at the beginning of the trading date compared to the closed value of 27.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Insteel Industries stock. Still, in general, we apply an absolute valuation method to find Insteel Industries' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Insteel Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Insteel Industries' related companies.
| Open | High | Low | Close | Volume | |
| 27.91 | 27.91 | 27.32 | 27.48 | 47,267 | |
03/31/2023 | 27.72 | 27.86 | 27.28 | 27.64 | 95,941 |
| 27.58 | 27.96 | 27.14 | 27.66 | 83,723 |
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Insteel Industries Trading Date Momentum on March 31, 2023
| On April 03 2023 Insteel Industries was traded for 27.66 at the closing time. The top price for the day was 27.96 and the lowest listed price was 27.14 . The trading volume for the day was 83.7 K. The trading history from April 3, 2023 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 0.07% . The trading delta at closing time against the current closing price is 5.46% . |
Insteel Industries Fundamentals Correlations and Trends
By evaluating Insteel Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Insteel Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Insteel financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Insteel Industries Stock history
Insteel Industries investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Insteel is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Insteel Industries will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Insteel Industries stock prices may prove useful in developing a viable investing in Insteel Industries
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 22.5 M | 17.6 M | |
| Net Income Applicable To Common Shares | 37.3 M | 29.5 M |
Insteel Industries Quarterly Net Working Capital |
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Insteel Industries Stock Technical Analysis
Insteel Industries technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Insteel Industries Period Price Range
Low | January 30, 2025
| High |
0.00 | 0.00 |
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Insteel Industries January 30, 2025 Market Strength
Market strength indicators help investors to evaluate how Insteel Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Insteel Industries shares will generate the highest return on investment. By undertsting and applying Insteel Industries stock market strength indicators, traders can identify Insteel Industries entry and exit signals to maximize returns
Insteel Industries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Insteel Industries' price direction in advance. Along with the technical and fundamental analysis of Insteel Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Insteel to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0331 | |||
| Jensen Alpha | 0.0132 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1163 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in 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. To learn how to invest in Insteel Stock, please use our How to Invest in Insteel Industries guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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.