Insteel Industries share price today

(IIIN)

Insteel Industries share price is $27.96 & ₹2,382.14 as on 25 Dec 2024, 2.30 'hrs' IST

$27.96

▲

0.16

(0.58%)

Market is closed - opens 8 PM, 26 Dec 2024

View live Insteel Industries share price in Dollar and Rupees. Guide to invest in Insteel Industries from India. Also see the sentimental analysis on Indian investors investing in Insteel Industries. Get details on the Indian mutual funds that are investing in Insteel Industries. Get Analyst recommendations and forecasts along with all the Insteel Industries's financials.

Insteel Industries share price movements

Today's Low: $27.70
Today's High: $28.01
$27.96
0.93%
Downside
Day's Volatility :1.11%
Upside
0.18%
52 Weeks Low: $26.74
52 Weeks High: $39.38
$27.96
4.36%
Downside
52 Weeks Volatility :32.09%
Upside
29.0%

Insteel Industries Returns

Period	Insteel Industries Inc	Sector (Industrials)	Index (Russel 2000)
3 Months	-7.94%	0.1%	0.0%
6 Months	-6.83%	9.9%	0.0%
1 Year	-28.64%	18.6%	0.0%
3 Years	-30.41%	29.1%	-21.1%

Insteel Industries Key Statistics

in dollars & INR

Previous Close	$27.8
Open	$27.7
Today's High	$28.01
Today's Low	$27.7
Market Capitalization	$540.8M
Today's Volume	$46.0K
52 Week High	$39.38
52 Week Low	$26.7422
Revenue TTM	$529.2M
EBITDA	$35.5M
Earnings Per Share (EPS)	$0.99
PE Ratio	28.08
Dividend Yield	0.42%
Profit Margin	3.65%
Quarterly Earnings Growth YOY	-0.17%
Return On Equity TTM	5.27%

How to invest in Insteel Industries from India?

It is very easy for Indian residents to invest directly in Insteel Industries from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Insteel Industries stock in both Indian Rupees (INR) and US Dollars (USD). Search for Insteel Industries or IIIN on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Insteel Industries or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Insteel Industries shares which would translate to 0.030 fractional shares of Insteel Industries as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India, including recognised companies like Insteel Industries, in just a few clicks!

Returns in Insteel Industries for Indian investors in Rupees

Investment Value

₹1,00,000

Insteel Industries investment value today

Current value as on today

₹73,789

Returns

₹26,211

(-26.21%)

Returns from Insteel Industries Stock

₹28,637 (-28.64%)

Dollar Returns

₹2,426 (+2.43%)

Indian investors sentiment towards Insteel Industries

22%

Period: Sep 26, 2024 to Dec 25, 2024. Change in 30 Days versus previous period

Search volume for Insteel Industries on INDmoney from India has grown in the last 30 days as on Dec 26, 2024. 22% more investors are searching Insteel Industries in the last 30 days versus the previous period.

Global Institutional Holdings in Insteel Industries

BlackRock Inc
17.24%
Dimensional Fund Advisors, Inc.
6.30%
Vanguard Group Inc
6.17%
Royce & Associates, LP
4.18%
State Street Corp
3.91%
Pacer Advisors, INC.
3.41%

Analyst Recommendation on Insteel Industries

Sell

0%Buy

50%Hold

50%Sell

Based on 6 Wall street analysts offering stock ratings for Insteel Industries(by analysts ranked 0 to 5 stars)

Based on 6 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Insteel Industries

What analysts predicted

Upside of 21.6%

Current:

$27.96

Target:

$34.00

Insights on Insteel Industries

Price Movement
In the last 7 days, IIIN stock has moved down by -2.5%
Decreasing Revenue
Revenue is down for the last 2 quarters, 145.77M → 134.30M (in $), with an average decrease of 7.9% per quarter
Decreasing Net Profit
Netprofit is down for the last 3 quarters, 6.93M → 4.66M (in $), with an average decrease of 17.1% per quarter
IIIN vs CRS (1 yr)
In the last 1 year, Carpenter Technology Corp. has given 144.2% return, outperforming this stock by 171.0%
IIIN vs CRS (3 yr)
In the last 3 years, Carpenter Technology Corp. has given 502.2% return, outperforming this stock by 530.2%
Price to Sales
ForIIIN every $1 of sales, investors are willing to pay $1.0, whereas for Carpenter Technology Corp., the investors are paying $3.1 for every $1 of sales.

Insteel Industries Financials in INR & Dollars

	FY19	Y/Y Change
Revenue	$455.7M	↑ 0.55%
Net Income	$5.6M	↓ 84.56%
Net Profit Margin	1.23%	↓ 6.77%

	FY20	Y/Y Change
Revenue	$472.6M	↑ 3.71%
Net Income	$19.0M	↑ 239.57%
Net Profit Margin	4.02%	↑ 2.79%

	FY21	Y/Y Change
Revenue	$590.6M	↑ 24.96%
Net Income	$66.6M	↑ 250.41%
Net Profit Margin	11.28%	↑ 7.26%

	FY22	Y/Y Change
Revenue	$826.8M	↑ 40.0%
Net Income	$125.0M	↑ 87.68%
Net Profit Margin	15.12%	↑ 3.84%

	FY23	Y/Y Change
Revenue	$649.2M	↓ 21.48%
Net Income	$32.4M	↓ 74.07%
Net Profit Margin	4.99%	↓ 10.13%

	FY24	Y/Y Change
Revenue	$529.2M	↓ 18.48%
Net Income	$19.3M	↓ 40.44%
Net Profit Margin	3.65%	↓ 1.34%

	Q2 FY23	Q/Q Change
Revenue	$165.7M	↑ 4.19%
Net Income	$10.6M	↑ 107.12%
Net Profit Margin	6.38%	↑ 3.17%

	Q3 FY23	Q/Q Change
Revenue	$157.5M	↓ 4.94%
Net Income	$5.6M	↓ 46.75%
Net Profit Margin	3.57%	↓ 2.81%

	Q4 FY23	Q/Q Change
Revenue	$121.7M	↓ 22.73%
Net Income	$1.1M	↓ 79.88%
Net Profit Margin	0.93%	↓ 2.64%

	Q1 FY24	Q/Q Change
Revenue	$127.4M	↑ 4.66%
Net Income	$6.9M	↑ 512.99%
Net Profit Margin	5.45%	↑ 4.52%

	Q2 FY24	Q/Q Change
Revenue	$145.8M	↑ 14.43%
Net Income	$6.6M	↓ 5.39%
Net Profit Margin	4.5%	↓ 0.95%

	Q3 FY24	Q/Q Change
Revenue	$134.3M	↓ 7.87%
Net Income	$4.7M	↓ 28.88%
Net Profit Margin	3.48%	↓ 1.02%

	FY19	Y/Y Change
Profit	$30.1M	↓ 57.55%

	FY20	Y/Y Change
Profit	$55.8M	↑ 85.58%

	FY21	Y/Y Change
Profit	$121.5M	↑ 117.88%

	FY22	Y/Y Change
Profit	$197.3M	↑ 62.33%

	FY23	Y/Y Change
Profit	$65.4M	↓ 66.86%

	FY24	Y/Y Change
Profit	$49.6M	↓ 24.11%

	Q2 FY23	Q/Q Change
Profit	$20.4M	↑ 53.57%

	Q3 FY23	Q/Q Change
Profit	$14.0M	↓ 31.34%

	Q4 FY23	Q/Q Change
Profit	$6.3M	↓ 55.16%

	Q1 FY24	Q/Q Change
Profit	$15.7M	↑ 150.64%

	Q2 FY24	Q/Q Change
Profit	$15.4M	↓ 2.08%

	Q3 FY24	Q/Q Change
Profit	$12.3M	↓ 20.33%

	FY19	Y/Y Change
Operating Cash Flow	$6.6M	↓ 87.76%
Investing Cash Flow	$-9.6M	↓ 56.44%
Financing Cash Flow	$-2.8M	↓ 86.08%

	FY20	Y/Y Change
Operating Cash Flow	$56.2M	↑ 750.85%
Investing Cash Flow	$-23.2M	↑ 142.51%
Financing Cash Flow	$-2.5M	↓ 9.57%

	FY21	Y/Y Change
Operating Cash Flow	$69.9M	↑ 24.29%
Investing Cash Flow	$-17.8M	↓ 23.17%
Financing Cash Flow	$-30.9M	↑ 1114.2%

	FY22	Y/Y Change
Operating Cash Flow	$5.7M	↓ 91.89%
Investing Cash Flow	$-6.0M	↓ 66.08%
Financing Cash Flow	$-41.2M	↑ 33.43%

	FY23	Y/Y Change
Operating Cash Flow	$142.2M	↑ 2407.94%
Investing Cash Flow	$-20.9M	↑ 246.02%
Financing Cash Flow	$-44.0M	↑ 6.68%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$23.8M	↓ 48.99%
Investing Cash Flow	$-11.3M	↑ 58.52%
Financing Cash Flow	$-911.0K	↓ 53.14%

	Q3 FY23	Q/Q Change
Operating Cash Flow	$38.9M	↑ 63.65%
Investing Cash Flow	$-3.8M	↓ 65.82%
Financing Cash Flow	$-772.0K	↓ 15.26%

Insteel Industries Technicals Summary

Sell

Neutral

Buy

Insteel Industries is currently in a neutral trading position according to technical analysis indicators.

Insteel Industries Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Insteel Industries Inc	-9.66%	-6.83%	-28.64%	-30.41%	29.44%
Mueller Industries Inc	-0.87%	42.56%	67.73%	170.89%	405.52%
Esab Corp	-4.95%	29.02%	40.1%	133.45%	133.45%
Ati Inc.	-7.93%	-1.24%	20.87%	251.07%	172.03%
Carpenter Technology Corp.	-11.02%	63.01%	142.19%	475.78%	250.37%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Insteel Industries Inc	28.08	28.08	2.09	1.05	0.05	0.03	0.0	18.04
Mueller Industries Inc	15.49	15.49	0.0	5.2	0.24	0.16	0.01	23.55
Esab Corp	27.19	27.19	1.57	4.95	0.16	0.07	0.0	30.39
Ati Inc.	21.24	21.24	1.2	2.27	0.24	0.06	NA	12.56
Carpenter Technology Corp.	38.44	38.44	1.59	4.47	0.15	0.08	0.0	33.31

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Insteel Industries Inc	Sell	$540.8M	29.44%	28.08	3.65%
Mueller Industries Inc	Sell	$9.1B	405.52%	15.49	16.39%
Esab Corp	Buy	$7.3B	133.45%	27.19	9.47%
Ati Inc.	Buy	$7.9B	172.03%	21.24	8.85%
Carpenter Technology Corp.	Buy	$8.6B	250.37%	38.44	8.05%

About Insteel Industries

insteel industries, inc. is the nation's largest manufacturer of steel wire reinforcing products for concrete construction applications. we manufacture and market prestressed concrete strand and welded wire reinforcement, including concrete pipe reinforcement, engineered structural mesh and standard welded wire reinforcement. our products are sold primarily to manufacturers of concrete products that are used in nonresidential construction. approximately 800 employees work at insteel facilities located in arizona, florida, georgia, kentucky, missouri, north carolina, pennsylvania, tennessee and texas. the company's common stock is traded on the nasdaq global select market under the symbol iiin.

Organization	Insteel Industries
Employees	929
CEO	Mr. Howard Osler Woltz III
Industry	Producer Manufacturing

Management People of Insteel Industries

Name	Title
Mr. Howard Osler Woltz III	President, CEO & Chairman
Mr. Scot R. Jafroodi	VP, CFO & Treasurer
Mr. Richard T. Wagner	Senior VP & COO
Mr. James R. York	Senior Vice President of Sourcing & Logistics
Ms. Elizabeth Carroll Southern	VP of Administration, Secretary & Chief Legal Officer

Important FAQs about investing in Insteel Industries from India :

What is Insteel Industries share price today?

Insteel Industries share price today stands at $27.96, Open: $27.70 ; Previous Close: $27.80 ; High: $28.01 ; Low: $27.70 ; 52 Week High: $39.38 ; 52 Week Low: $26.74. The stock opens at $27.70, after a previous close of $27.80. The stock reached a daily high of $28.01 and a low of $27.70, with a 52-week high of $39.38 and a 52-week low of $26.74.

Can Indians buy Insteel Industries shares?

Yes, Indians can invest in the Insteel Industries (IIIN) from India.

With INDmoney, you can buy Insteel Industries at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Insteel Industries at zero transaction cost.

How can I buy Insteel Industries shares from India?

It is very easy to buy Insteel Industries from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Insteel Industries be purchased?

Yes, you can buy fractional shares of Insteel Industries with INDmoney app.

What are the documents required to start investing in Insteel Industries stocks?

To start investing in Insteel Industries, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.