Latest news with #InsteelIndustries
Yahoo
15-05-2025
- Business
- Yahoo
Is Andritz (ADRZY) Outperforming Other Industrial Products Stocks This Year?
The Industrial Products group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Andritz (ADRZY) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question. Andritz is a member of our Industrial Products group, which includes 190 different companies and currently sits at #9 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst. The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Andritz is currently sporting a Zacks Rank of #2 (Buy). Within the past quarter, the Zacks Consensus Estimate for ADRZY's full-year earnings has moved 8.3% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend. Based on the latest available data, ADRZY has gained about 42.7% so far this year. Meanwhile, the Industrial Products sector has returned an average of -1.3% on a year-to-date basis. This shows that Andritz is outperforming its peers so far this year. Another Industrial Products stock, which has outperformed the sector so far this year, is Insteel Industries (IIIN). The stock has returned 37% year-to-date. In Insteel Industries' case, the consensus EPS estimate for the current year increased 34.8% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy). Looking more specifically, Andritz belongs to the Industrial Services industry, which includes 18 individual stocks and currently sits at #167 in the Zacks Industry Rank. On average, stocks in this group have lost 7.4% this year, meaning that ADRZY is performing better in terms of year-to-date returns. On the other hand, Insteel Industries belongs to the Wire and Cable Products industry. This 3-stock industry is currently ranked #14. The industry has moved -4% year to date. Andritz and Insteel Industries could continue their solid performance, so investors interested in Industrial Products stocks should continue to pay close attention to these stocks. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Andritz (ADRZY) : Free Stock Analysis Report Insteel Industries, Inc. (IIIN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
14-05-2025
- Business
- Yahoo
Insteel Industries (IIIN) Upgraded to Strong Buy: Here's What You Should Know
Investors might want to bet on Insteel Industries (IIIN), as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system comes in handy because of the power of a changing earnings picture in determining near-term stock price movements. As such, the Zacks rating upgrade for Insteel Industries is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price. The change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock. Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Insteel Industries imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher. Empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions. The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>>. This maker of steel wire reinforcing for the concrete and construction industry is expected to earn $1.86 per share for the fiscal year ending September 2025, which represents a year-over-year change of 87.9%. Analysts have been steadily raising their estimates for Insteel Industries. Over the past three months, the Zacks Consensus Estimate for the company has increased 34.8%. Unlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of 'buy' and 'sell' ratings for its entire universe of more than 4000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a 'Strong Buy' rating and the next 15% get a 'Buy' rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term. You can learn more about the Zacks Rank here >>> The upgrade of Insteel Industries to a Zacks Rank #1 positions it in the top 5% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Insteel Industries, Inc. (IIIN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-04-2025
- Business
- Yahoo
Why Insteel Industries, Inc. (IIIN) Is Up the Most So Far in 2025
We recently published a list of . In this article, we are going to take a look at where Insteel Industries, Inc. (NYSE:IIIN) stands against other industrial stocks that are up the most so far in 2025. Industrial stocks are sensitive to the economic cycle. Many of them have already fallen victim to the downturn and have reversed much of their earlier gains from the past few years. However, 2025 is shaping up to be a breakout year for industrial stocks elsewhere. The industrial sector is very broad, and you'll always find winners that outpace expectations and draw the attention of investors who once overlooked these workhorse companies. Manufacturing and industrial firms have doubled down on digital transformation and have poured resources into automation to boost efficiency. This investment is paying off as companies become more agile and better equipped to handle shocks, whether from geopolitical tensions, labor shortages, or shifting customer needs. It's worth looking into the biggest winners so far this year, as they could continue building on the momentum. For this article, I screened the best-performing industrial stocks year-to-date. I will also mention the number of hedge fund investors in these stocks. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). An engineer inspecting a complex set of prestressed concrete strands inside a factory. Number of Hedge Fund Holders In Q4 2024: 15 Insteel Industries, Inc. (NYSE:IIIN) is the largest U.S. manufacturer of steel wire reinforcing products for concrete construction applications. The key catalyst for the stock's strong performance in 2025 was its second quarter earnings release on April 17, 2025, which showed a significant beat on both earnings and revenue. The company reported earnings per share of $0.52, far surpassing the $0.29 consensus, and revenue of $160.7 million, which exceeded forecasts by 7.2%. This earnings surprise led to a 10.7% jump in the stock price immediately following the announcement. The quarter's results were driven by a 28.9% year-over-year increase in shipments, improved gross margins to 15.3% from 12.3%, and effective cost management. Management cited recovering demand for concrete reinforcement products and lower unit manufacturing costs as key contributors. Despite $0.7 million in restructuring and acquisition-related costs, net earnings rose to $10.2 million from $6.9 million a year earlier. Insteel Industries, Inc. (NYSE:IIIN) stock is up 20.57% year-to-date. Overall, IIN ranks 11th on our list of industrial stocks that are up the most so far in 2025. While we acknowledge the potential of IIN as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than IIN but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
24-03-2025
- Business
- Yahoo
Investors in Insteel Industries (NYSE:IIIN) have seen strong returns of 176% over the past five years
When you buy a stock there is always a possibility that it could drop 100%. But when you pick a company that is really flourishing, you can make more than 100%. One great example is Insteel Industries, Inc. (NYSE:IIIN) which saw its share price drive 104% higher over five years. With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). During five years of share price growth, Insteel Industries achieved compound earnings per share (EPS) growth of 57% per year. This EPS growth is higher than the 15% average annual increase in the share price. So one could conclude that the broader market has become more cautious towards the stock. You can see below how EPS has changed over time (discover the exact values by clicking on the image). Dive deeper into Insteel Industries' key metrics by checking this interactive graph of Insteel Industries's earnings, revenue and cash flow. It is important to consider the total shareholder return, as well as the share price return, for any given stock. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. We note that for Insteel Industries the TSR over the last 5 years was 176%, which is better than the share price return mentioned above. And there's no prize for guessing that the dividend payments largely explain the divergence! Insteel Industries shareholders are down 23% for the year (even including dividends), but the market itself is up 9.7%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Longer term investors wouldn't be so upset, since they would have made 23%, each year, over five years. It could be that the recent sell-off is an opportunity, so it may be worth checking the fundamental data for signs of a long term growth trend. If you would like to research Insteel Industries in more detail then you might want to take a look at whether insiders have been buying or selling shares in the company. If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: many of them are unnoticed AND have attractive valuation). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
