Insteel Industries Inc. (IIIN)
Makes steel wire that reinforces concrete for buildings and bridges
$32.24-0.01%Industrials
StockGlow Score
Leaning Bullish
BearishBullish
1 year ago-8.7%
The outlook
IIIN is trading at $32.24, positioned above both its 50- and 200-day moving averages with solid upward momentum in its recent trend. Analyst coverage is thin with just one rating at Hold, though the average price target sits roughly 21% above the current price. The stock sits near the midpoint of its 52-week range, with a trailing P/E of 17.5.
What’s behind the score
Analyst consensusHold — 3.0 avg of 1 analysts
Price trendAbove its 50- & 200-day averages
52-week range51% of the way from its 52-week low to high
Price targetAvg target +21% vs current price
Market cap
$624.1M
52-wk high
$39.91
52-wk low
$24.35
50-day avg
$28.96
200-day avg
$31.57
Trailing P/E
17.5