Insteel Industries P/E 2024

Insteel Industries Aktienanalyse

What does Insteel Industries do?

Insteel Industries Inc. was founded in 1953 and is based in Mount Airy, North Carolina, USA. The company is a leading manufacturer of high-quality concrete wire used in various applications such as steel reinforced concrete floors, roads, bridges, and other infrastructure projects. Insteel is a publicly traded company and has built its reputation on quality, service, innovation, and flexibility. The company has continually modernized and expanded its production to meet the changing needs of the market. Business model: The business model of Insteel Industries Inc. is based on manufacturing high-quality concrete wire products and providing sales and production support to customers in the USA and Canada. The company was the first to undertake large-scale production of concrete wire. With a wide product range, high capacity, and good availability, Insteel has achieved a leading market position. Segments: Insteel Industries Inc. operates five production facilities in the USA that are fully integrated into the concrete wire business. Each facility has specialized manufacturing capabilities to ensure that customers can receive a wide range of products and sizes. The company is divided into three segments: Building Products - In this segment, Insteel Industries Inc. manufactures concrete wire and reinforcing bar products for the construction of bridges, parking lots, roads, and other infrastructure projects. Infrastructure Products - Here, the company produces various types of concrete poles, including lighting, signaling, traffic, cable, and radio poles. These are used in both the public and private sectors. Galvanized Wire - Insteel Industries Inc. also produces high-quality galvanized wire used in various applications such as agriculture, construction, and hobbies. Products: Insteel Industries Inc. offers a wide range of product types and wire sizes to meet the requirements of different construction applications. These include: Rebar - Rebar is an important component in reinforced concrete structures such as bridges, buildings, and other infrastructure projects. Concrete Wire - In accordance with the specifications of the American Concrete Institute, Insteel Industries Inc. manufactures concrete wire products made of high-strength, cold-drawn steel wire, which are used in a variety of applications such as pedestrian crossings. Woven Wire - Insteel Industries Inc. also offers a wide range of woven wire, including vinyl-coated wire. Galvanized Wire - This is a wide range of galvanized steel wire used in agriculture, construction, and hobby applications. Overall, Insteel Industries Inc. has earned its reputation based on quality, innovation, and flexibility. Insteel Industries Inc. remains committed to expanding its production and distribution capabilities and offering its customers top-notch products and services. Insteel Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Insteel Industries's P/E Ratio

The Price to Earnings (P/E) Ratio of Insteel Industries is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Insteel Industries's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Insteel Industries is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Insteel Industries’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Insteel Industries stock

What is the price-to-earnings ratio of Insteel Industries?

The price-earnings ratio of Insteel Industries is currently 29.95.

How has the price-earnings ratio of Insteel Industries changed compared to last year?

The price-to-earnings ratio of Insteel Industries has increased by 66.57% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Insteel Industries high compared to other companies?

Yes, the price-to-earnings ratio of Insteel Industries is high compared to other companies.

How does an increase in the price-earnings ratio of Insteel Industries affect the company?

An increase in the price-earnings ratio of Insteel Industries would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Insteel Industries affect the company?

A decrease in the price-earnings ratio of Insteel Industries would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Insteel Industries?

Some factors that influence the price-earnings ratio of Insteel Industries are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Insteel Industries pay?

Over the past 12 months, Insteel Industries paid a dividend of 2.59 USD . This corresponds to a dividend yield of about 8.39 %. For the coming 12 months, Insteel Industries is expected to pay a dividend of 3.23 USD.

What is the dividend yield of Insteel Industries?

The current dividend yield of Insteel Industries is 8.39 %.

When does Insteel Industries pay dividends?

Insteel Industries pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of Insteel Industries?

Insteel Industries paid dividends every year for the past 22 years.

What is the dividend of Insteel Industries?

For the upcoming 12 months, dividends amounting to 3.23 USD are expected. This corresponds to a dividend yield of 10.47 %.

In which sector is Insteel Industries located?

Insteel Industries is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Insteel Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Insteel Industries from 9/27/2024 amounting to 0.03 USD, you needed to have the stock in your portfolio before the ex-date on 9/13/2024.

When did Insteel Industries pay the last dividend?

The last dividend was paid out on 9/27/2024.

What was the dividend of Insteel Industries in the year 2023?

In the year 2023, Insteel Industries distributed 2.12 USD as dividends.

In which currency does Insteel Industries pay out the dividend?

The dividends of Insteel Industries are distributed in USD.