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IIIN Overview

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$
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ET
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Intellectia

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High
29.520
Open
29.480
VWAP
29.20
Vol
206.89K
Mkt Cap
567.06M
Low
28.890
Amount
6.04M
EV/EBITDA(TTM)
7.66
Total Shares
19.43M
EV
562.60M
EV/OCF(TTM)
35.46
P/S(TTM)
0.84
Insteel Industries, Inc. is a manufacturer of steel wire reinforcing products for concrete construction applications. The Company manufactures and markets prestressed concrete strand (PC strand) and welded wire reinforcement (WWR), including engineered structural mesh, concrete pipe reinforcement and standard welded wire reinforcement. The Company's PC strand is a seven-wire strand that is used to impart compression forces into precast concrete elements and structures, providing reinforcement for bridges, parking decks, buildings, and other concrete structures. Its WWR is produced as either a standard or a specially engineered reinforcing product for use in nonresidential and residential construction. Its products are sold to manufacturers of concrete products that are used in nonresidential construction. The Company sells its products nationwide across the United States, Canada, Mexico, and Central and South America.
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Events Timeline

(ET)
2026-04-16
06:40:00
Company Reports Q2 Revenue of $172.7M, Impacted by Winter Weather
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2026-01-15 (ET)
2026-01-15
09:10:00
TSMC's Strong Outlook Boosts Tech Stocks, Futures Up Modestly
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2026-01-15
06:40:00
Insteel Reports Q1 Revenue of $159.9M
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2025-10-16 (ET)
2025-10-16
06:33:56
Insteel announces Q4 earnings per share of 74 cents, up from 24 cents a year ago.
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2025-07-17 (ET)
2025-07-17
06:35:07
Insteel reports Q3 EPS 78c vs. 34c last year
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2025-04-17 (ET)
2025-04-17
06:47:03
Insteel reports Q2 EPS 52c with items vs.35c last year
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2025-01-16 (ET)
2025-01-16
05:32:40
Insteel reports Q1 EPS 6c vs. 6c last year
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2024-11-18 (ET)
2024-11-18
15:05:43
Insteel closes Warren, Ohio facility
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2024-10-21 (ET)
2024-10-21
17:42:45
Insteel unit acquires welded wire reinforcement firm EWP for $70M
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News

Fool
2.0
07-03Fool
Overlooked Industrial and Healthcare Investment Opportunities
  • Enovis Growth Potential: Enovis focuses on orthopedic reconstruction implants, with reconstructive sales growing 11% in Q1 2026, while maintaining full-year organic growth guidance of 4% to 6%, indicating strong performance in an aging market that could drive stock price appreciation.
  • Insteel Industry Position: Insteel Industries is the largest domestic manufacturer of steel wire reinforcing products, reporting a 7.5% year-over-year sales increase in Q2 2026, benefiting from funding under the Infrastructure Investment and Jobs Act, ensuring a stable revenue stream from government infrastructure spending.
  • Mueller Water Advantage: Mueller Water Products shows robust performance in the water infrastructure sector, with net sales up 4.6% year-over-year in Q2 2026 and reaffirming full-year guidance, benefiting from $55 billion earmarked for water infrastructure, demonstrating strong pricing power in a non-cyclical market.
  • Proto Labs Transition Opportunity: Proto Labs is pivoting from prototyping to production-grade manufacturing, and despite facing uncertainty, its established customer relationships provide a competitive edge; if management executes the transition well, the current $80 stock price may be undervalued by the market.
NASDAQ.COM
8.5
07-03NASDAQ.COM
Enovis and Others Benefit from Infrastructure Investment
  • Rising Demand for Joint Replacements: Enovis reported an 11% growth in reconstructive sales in Q1 2026, reaffirming its full-year organic growth guidance of 4% to 6%, indicating strong demand driven by an aging U.S. population, which is expected to fuel long-term growth.
  • Infrastructure Spending Boost: Insteel Industries saw a 7.5% year-over-year sales increase in Q2 2026, primarily benefiting from funding through the Infrastructure Investment and Jobs Act, with 90% of its revenue derived from non-residential and infrastructure construction, ensuring a stable growth outlook.
  • Water Infrastructure Investment: Mueller Water Products achieved a 4.6% year-over-year increase in net sales in Q2, reaffirming its full-year guidance, supported by $55 billion allocated for water infrastructure, which enhances its pricing power and market position among municipal customers.
  • Production Transition Advantage: Proto Labs is pivoting from pure prototyping to short-run production, and despite facing uncertainty, its existing customer relationships with engineers provide a competitive edge for this transition; if management executes effectively, the current $80 stock price may be undervalued by the market.
Newsfilter
9.5
06-16Newsfilter
Insteel Industries Schedules Q3 2026 Earnings Call
  • Earnings Release Schedule: Insteel Industries will release its Q3 2026 financial results on July 16, 2026, at 6:30 a.m., followed by a conference call at 10:00 a.m., showcasing the company's financial performance and future outlook.
  • Webcast Access: The conference call will be webcast live on the company's website, allowing investors to listen in real-time and access a replay afterward, enhancing information transparency and investor engagement.
  • Company Background: Insteel is the largest manufacturer of steel wire reinforcing products for concrete construction in the U.S., primarily producing prestressed concrete strand and welded wire reinforcement, serving the nonresidential construction market, highlighting its significant industry position.
  • Manufacturing Facility Distribution: Headquartered in Mount Airy, North Carolina, Insteel operates 11 manufacturing facilities, ensuring production capacity and supply chain efficiency in the U.S. market, supporting its ongoing growth.
Newsfilter
2.0
06-04Newsfilter
Insteel Achieves Second Consecutive Year Gold Safety Award
  • Safety Achievement Award: Insteel's Mount Airy facility has received the North Carolina Department of Labor's Certificate of Safety Achievement – Second Consecutive Year Gold, indicating exceptional safety performance in 2025 and reflecting the company's ongoing commitment to a safe and healthy workplace.
  • Employee Contribution: H.O. Woltz III, President and CEO of Insteel, emphasized that sustaining a strong safety record requires commitment at every organizational level, and this recognition highlights the accountability, teamwork, and attention to detail demonstrated by Mount Airy employees in their daily work.
  • Accident Rate Reduction: Due to a focus on continuous improvement and risk reduction, Insteel's company-wide accident rate remains well below the industry average, further underscoring the company's commitment to employee well-being and operational excellence.
  • Products and Market: As the largest manufacturer of steel wire reinforcing products for concrete construction in the U.S., Insteel primarily sells prestressed concrete strand and welded wire reinforcement to concrete product manufacturers and contractors, supporting the demand for nonresidential construction applications.
Yahoo Finance
2.0
05-05Yahoo Finance
Three Stocks to Watch Under $50
  • Insteel Performance Warning: Insteel (IIIN) trades at $26.14, with a mere 5.9% annual revenue growth over the past five years, lagging behind industry peers, indicating a potential decline in market competitiveness that could undermine investor confidence.
  • Helix Energy Competitive Disadvantage: Helix Energy Solutions (HLX) is priced at $10.30, with a revenue base of $1.3 billion and a gross margin of only 11.4%, significantly lower than competitors, which restricts its investment capabilities in exploration and production, potentially leading to long-term growth challenges.
  • Hims & Hers Growth Potential: Hims & Hers Health (HIMS) is priced at $27.43, boasting a customer growth rate of 29.5% over the past two years and a 16.9 percentage point increase in free cash flow margin, showcasing strong growth potential in the market that may attract more investor interest.
  • Market Dynamics Analysis: Stocks priced between $10 and $50 often include mid-sized companies that typically carry lower risk; however, careful assessment of their growth potential and market competitiveness is essential to avoid investment pitfalls.
Fool
7.5
04-17Fool
Trade Landscape Changes in 2025 and 2026
  • Import Decline Impact: Insteel Industries (IIIN) noted in its recent earnings call that imports have declined sharply due to the expansion of Section 232 tariffs to derivative products, positioning the company, as the largest domestic manufacturer of steel reinforcing products, to benefit from long-term infrastructure investment, significantly enhancing its market share.
  • Margin Improvement: Duluth Trading Co. (DLTH) reported a gross margin increase of 890 basis points in its fourth quarter despite absorbing over $7 million in tariff costs, attributed to its 'direct to factory sourcing initiative' which strengthens brand competitiveness by reducing unit costs through closer relationships with overseas manufacturers.
  • Tariff Impact Mitigation: Acushnet Holdings (GOLF) successfully reduced its full-year tariff impact estimate from $75 million to around $35 million through deliberate mitigation actions, showcasing its pricing power and supply chain flexibility in the premium golf market, while continuing share buybacks and maintaining dividends to attract investor interest.
  • Nearshoring Strategy: Lifetime Brands (LCUT) established its own plastics production facility in Mexico, expecting approximately 80% of its production to be sourced outside China by the end of 2025; despite market pressures, the company has consistently paid dividends for 15 years and maintains a current ratio above 2, indicating strong financial health.

Valuation Metrics

The current forward P/E ratio for Insteel Industries Inc (IIIN.N) is 12.95, compared to its 5-year average forward P/E of 14.49. For a more detailed relative valuation and DCF analysis to assess Insteel Industries Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
14.49
Current PE
12.95
Overvalued PE
20.71
Undervalued PE
8.28

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
7.96
Current EV/EBITDA
11.45
Overvalued EV/EBITDA
10.56
Undervalued EV/EBITDA
5.36

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
0.94
Current PS
0.73
Overvalued PS
1.10
Undervalued PS
0.79

Financials

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Frequently Asked Questions

What is Insteel Industries Inc (IIIN) stock price today?

The current price of IIIN is 29.18 USD — it has decreased -1.62

What is Insteel Industries Inc (IIIN)'s business?

Insteel Industries, Inc. is a manufacturer of steel wire reinforcing products for concrete construction applications. The Company manufactures and markets prestressed concrete strand (PC strand) and welded wire reinforcement (WWR), including engineered structural mesh, concrete pipe reinforcement and standard welded wire reinforcement. The Company's PC strand is a seven-wire strand that is used to impart compression forces into precast concrete elements and structures, providing reinforcement for bridges, parking decks, buildings, and other concrete structures. Its WWR is produced as either a standard or a specially engineered reinforcing product for use in nonresidential and residential construction. Its products are sold to manufacturers of concrete products that are used in nonresidential construction. The Company sells its products nationwide across the United States, Canada, Mexico, and Central and South America.

What is the price predicton of IIIN Stock?

Wall Street analysts forecast IIIN stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for IIIN is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Insteel Industries Inc (IIIN)'s revenue for the last quarter?

Insteel Industries Inc revenue for the last quarter amounts to 172.65M USD, increased 7.47

What is Insteel Industries Inc (IIIN)'s earnings per share (EPS) for the last quarter?

Insteel Industries Inc. EPS for the last quarter amounts to 0.27 USD, decreased -48.08

How many employees does Insteel Industries Inc (IIIN). have?

Insteel Industries Inc (IIIN) has 1007 emplpoyees as of July 08 2026.

What is Insteel Industries Inc (IIIN) market cap?

Today IIIN has the market capitalization of 567.06M USD.