Jon Ruth - Insteel Industries Independent Director
| IIIN Stock | USD 26.99 1.24 4.82% |
Director
Mr. Jon M. Ruth serves as Independent Director of the Company. Mr. Ruth retired from Cargill Incorporated, a global provider of food, agricultural, industrial and financial products and services in August of 2015, following 35 years of service to Cargill. Mr. Ruth served in various senior executive positions with Cargill, most recently as vice president leading its SAP enterprise resource planning implementation across its businesses in Europe and North America from 2005 to 2015, as a director of North Star BlueScope Steel, a joint venture between Cargill and BlueScope Steel from 2004 to 2015, and as President of North Star Steel from 2003 to 2005. Our Board determined that he should continue to serve as director because of his extensive experience as a senior executive of a large multinational company with specific experience in the steel industry. since 2016.
| Age | 65 |
| Tenure | 9 years |
| Address | 1373 Boggs Drive, Mount Airy, NC, United States, 27030 |
| Phone | 336 786 2141 |
| Web | https://www.insteel.com |
Jon Ruth Latest Insider Activity
Tracking and analyzing the buying and selling activities of Jon Ruth against Insteel Industries stock is an integral part of due diligence when investing in Insteel Industries. Jon Ruth insider activity provides valuable insight into whether Insteel Industries is net buyers or sellers over its current business cycle. Note, Insteel Industries insiders must abide by specific rules, including filing SEC forms every time they buy or sell Insteel Industries'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Jon Ruth over six months ago Disposition of 2478 shares by Jon Ruth of Insteel Industries at 35.3 subject to Rule 16b-3 |
Insteel Industries Management Efficiency
The company has return on total asset (ROA) of 0.0288 % which means that it generated a profit of $0.0288 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0527 %, meaning that it created $0.0527 on every $100 dollars invested by stockholders. Insteel Industries' management efficiency ratios could be used to measure how well Insteel Industries manages its routine affairs as well as how well it operates its assets and liabilities. As of the 18th of January 2025, Return On Capital Employed is likely to grow to 0.11, while Return On Tangible Assets are likely to drop 0.05. At this time, Insteel Industries' Total Assets are very stable compared to the past year. As of the 18th of January 2025, Total Current Assets is likely to grow to about 322.8 M, while Non Current Assets Total are likely to drop about 96.1 M.Similar Executives
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Management Performance
| Return On Equity | 0.0527 | ||||
| Return On Asset | 0.0288 |
Insteel Industries Leadership Team
Elected by the shareholders, the Insteel Industries' board of directors comprises two types of representatives: Insteel Industries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Insteel. The board's role is to monitor Insteel Industries' management team and ensure that shareholders' interests are well served. Insteel Industries' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Insteel Industries' outside directors are responsible for providing unbiased perspectives on the board's policies.
| W Rogers, Independent Director | ||
| James York, Senior Vice President - Sourcing and Logistics | ||
| Jon Ruth, Independent Director | ||
| Elizabeth Southern, Secretary Administration | ||
| James Petelle, Vice President - Administration, Company Secretary, Chief Legal Officer | ||
| Abney Boxley, Independent Director | ||
| Richard Wagner, VP and General Manager of the Concrete Reinforcing Products Bus. Unit - Insteel Wire Products Company | ||
| G Thompson, Independent Director | ||
| Howard III, CEO President | ||
| Scot Jafroodi, Chief VP | ||
| H Woltz, Chairman of the Board, President, Chief Executive Officer | ||
| Mark Carano, Chief Financial Officer, Senior Vice President, Treasurer | ||
| Anne Lloyd, Independent Director | ||
| Joseph Rutkowski, Independent Director |
Insteel Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Insteel Industries a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0527 | ||||
| Return On Asset | 0.0288 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 490.79 M | ||||
| Shares Outstanding | 19.43 M | ||||
| Shares Owned By Insiders | 4.85 % | ||||
| Shares Owned By Institutions | 84.26 % | ||||
| Number Of Shares Shorted | 314.37 K | ||||
| Price To Earning | 15.12 X |
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 against Insteel Stock
| 0.54 | AP | Ampco Pittsburgh | PairCorr |
| 0.52 | B | Barnes Group Earnings Call This Week | PairCorr |
| 0.32 | SGBX | SG Blocks | PairCorr |
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.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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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 1.04 | 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.