Insteel Industries (IIIN) AI Stock Analysis

• Market Cap: $607.35M
• Dividend Yield: 3.58%
• Average Volume (3M): 133.31K
• Price to Earnings (P/E): 14.8
• Beta (1Y): 1.31
• Revenue Growth: 22.39%
• EPS Growth: 112.75%
• Country: US
• Employees: 929
• Sector: Industrials
• Sector Strength: 72
• Industry: Manufacturing - Metal Fabrication
• EPS (TTM): 0.74
• Shares Outstanding: 19,416,462
• 10 Day Avg. Volume: 213,607
• 30 Day Avg. Volume: 133,309
• PEG Ratio: 0.16
• Price to Book (P/B): 2.02
• Price to Sales (P/S): 1.16
• P/FCF Ratio: 39.57
• Enterprise Value/Market Cap: 1.18
• Enterprise Value/Revenue: 1.11
• Enterprise Value/Gross Profit: 7.70
• Enterprise Value/Ebitda: 10.59
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 69 Neutral
• Price Target: $34.00 ▲(9.15% Upside)

Insteel Industries' strong financial performance and positive earnings call insights are offset by bearish technical indicators and cash flow challenges. The stock's reasonable valuation and attractive dividend yield provide some support, but market momentum remains a concern.

Insteel Industries Business Overview & Revenue Model

Company Description

Insteel Industries, Inc., together with its subsidiaries, manufactures and markets steel wire reinforcing products for concrete construction applications. The company offers prestressed concrete strand (PC strand) and welded wire reinforcement (WWR) products. Its 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. The company's WWR engineered reinforcing product is used in nonresidential and residential construction. It produces a range of WWR products, such as engineered structural mesh, an engineered made-to-order product that is used as the primary reinforcement for concrete elements or structures serving as a reinforcing solution for hot-rolled rebar; concrete pipe reinforcement, an engineered made-to-order product, which is used as the primary reinforcement in concrete pipe, box culverts, and precast manholes for drainage and sewage systems, water treatment facilities, and other related applications; and standard welded wire reinforcement, a secondary reinforcing product for crack control applications in residential and light nonresidential construction, including driveways, sidewalks, and various slab-on-grade applications. The company sells its products through sales representatives to the manufacturers of concrete products, rebar fabricators, distributors, and contractors primarily in the United States, Canada, Mexico, and Central and South America. Insteel Industries, Inc. was founded in 1953 and is headquartered in Mount Airy, North Carolina.

How the Company Makes Money

Insteel Industries generates revenue through the production and sale of its steel wire products and concrete reinforcement solutions. The company's primary revenue streams include the sale of wire strand used in prestressed concrete applications and welded wire reinforcement for concrete construction. Insteel's revenue model is driven by the volume of products sold and the pricing of raw materials, which can fluctuate based on market conditions. Additionally, the company benefits from strategic partnerships with construction firms and distributors that enhance its market reach. Factors contributing to Insteel's earnings include demand from the construction industry, infrastructure spending, and the overall economic conditions affecting building activities.

Insteel Industries Financial Statement Overview

Summary

Insteel Industries shows strong revenue growth and improved profitability, supported by a solid balance sheet with low leverage. However, the decline in free cash flow growth highlights potential cash flow management challenges.

Income Statement

Insteel Industries has demonstrated strong revenue growth of 37.73% in the latest period, indicating robust demand and market position. The gross profit margin improved to 14.43%, and the net profit margin increased to 6.33%, showcasing enhanced operational efficiency and profitability. The EBIT and EBITDA margins also saw significant improvements, reflecting effective cost management and operational leverage.

Balance Sheet

The company maintains a strong balance sheet with a low debt-to-equity ratio of 0.042, indicating prudent financial management and low leverage risk. The return on equity improved to 11.04%, reflecting effective utilization of shareholder funds. The equity ratio remains healthy, underscoring financial stability and a solid asset base.

Cash Flow

While the operating cash flow remains positive, the free cash flow growth rate declined by 49.71%, suggesting potential challenges in cash generation. The operating cash flow to net income ratio of 0.41 indicates moderate cash conversion efficiency. However, the free cash flow to net income ratio of 0.70 suggests reasonable cash flow relative to earnings.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2019	Dec 2018
Income Statement
Total Revenue	647.71M	647.71M	529.20M	649.19M	455.71M	453.22M
Gross Profit	93.44M	93.44M	49.63M	65.40M	30.06M	70.81M
EBITDA	67.98M	72.25M	40.79M	55.15M	21.18M	55.56M
Net Income	41.02M	41.02M	19.30M	32.41M	5.60M	36.27M
Balance Sheet
Total Assets	462.65M	462.65M	422.55M	447.51M	293.01M	329.53M
Cash, Cash Equivalents and Short-Term Investments	38.63M	38.63M	111.54M	125.67M	38.18M	43.94M
Total Debt	15.50M	15.50M	1.69M	1.94M	0.00	0.00
Total Liabilities	91.12M	91.12M	71.70M	66.01M	46.99M	87.87M
Stockholders Equity	371.53M	371.53M	350.86M	381.50M	246.02M	241.66M
Cash Flow
Free Cash Flow	18.95M	18.95M	39.06M	111.50M	-3.90M	35.52M
Operating Cash Flow	27.16M	27.16M	58.21M	142.20M	6.61M	53.97M
Investing Cash Flow	-75.67M	-75.67M	-19.64M	-20.90M	-9.56M	-21.94M
Financing Cash Flow	-24.40M	-24.40M	-52.70M	-43.95M	-2.81M	-20.19M

Insteel Industries Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 31.15
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IIIN, the sentiment is Negative. The current price of 31.15 is below the 20-day moving average (MA) of 34.03, below the 50-day MA of 36.70, and below the 200-day MA of 33.50, indicating a bearish trend. The MACD of -1.91 indicates Positive momentum. The RSI at 31.92 is Neutral, neither overbought nor oversold. The STOCH value of 47.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IIIN.

Insteel Industries Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NWPX	―	$545.15M	15.34	9.78%	―	7.61%	25.35%
AZZ	―	$2.98B	9.62	27.28%	0.75%	1.55%	701.41%
WOR	―	$2.76B	25.82	11.50%	1.26%	-39.38%	175.22%
IIIN	―	$607.35M	14.84	11.36%	3.58%	22.39%	112.75%
MEC	―	$349.47M	20.32	7.37%	―	-16.95%	66.04%
Sector *	―	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
RYI	―	$685.09M	-29.88	-2.81%	3.18%	-4.89%	-214.50%

Insteel Industries Corporate Events

Insteel Industries Reports Strong Q4 2025 Results

Insteel Industries, Inc. is the largest U.S. manufacturer of steel wire reinforcing products for concrete construction, primarily serving nonresidential construction markets with a focus on prestressed concrete strand and welded wire reinforcement.

Insteel Industries’ Earnings Call Highlights Resilience Amid Challenges

Insteel Industries’ recent earnings call revealed a generally positive sentiment, underscored by a robust fourth quarter performance. The company demonstrated significant growth in net earnings and gross profit, bolstered by successful acquisitions and strategic capital return initiatives. Despite facing challenges such as a sluggish residential construction market and increased inventory costs due to tariffs, Insteel’s resilience and strategic positioning were evident, with positive aspects slightly outweighing the negatives.

Insteel Industries Declares Quarterly Dividend Announcement

On August 19, 2025, Insteel Industries Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.03 per share of common stock. This dividend is payable on September 26, 2025, to shareholders of record as of September 12, 2025. This decision reflects the company’s ongoing commitment to providing shareholder value and may impact its financial strategy and stakeholder relations.

The most recent analyst rating on (IIIN) stock is a Buy with a $42.00 price target. To see the full list of analyst forecasts on Insteel Industries stock, see the IIIN Stock Forecast page.