G Thompson - Insteel Industries Independent Director
| IIIN Stock | USD 29.48 0.83 2.74% |
Insider
G Thompson is Independent Director of Insteel Industries since 2017.
| Age | 70 |
| Tenure | 7 years |
| Address | 1373 Boggs Drive, Mount Airy, NC, United States, 27030 |
| Phone | 336 786 2141 |
| Web | https://www.insteel.com |
Insteel Industries Management Efficiency
The company has return on total asset (ROA) of 0.0288 % which means that it generated a profit of $0.0288 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0527 %, meaning that it created $0.0527 on every $100 dollars invested by stockholders. Insteel Industries' management efficiency ratios could be used to measure how well Insteel Industries manages its routine affairs as well as how well it operates its assets and liabilities. As of the 29th of November 2024, Return On Tangible Assets is likely to grow to 0.08. Also, Return On Capital Employed is likely to grow to 0.09. At this time, Insteel Industries' Total Current Assets are very stable compared to the past year. As of the 29th of November 2024, Intangible Assets is likely to grow to about 6.2 M, while Total Assets are likely to drop about 223.1 M.Similar Executives
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Management Performance
| Return On Equity | 0.0527 | ||||
| Return On Asset | 0.0288 |
Insteel Industries Leadership Team
Elected by the shareholders, the Insteel Industries' board of directors comprises two types of representatives: Insteel Industries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Insteel. The board's role is to monitor Insteel Industries' management team and ensure that shareholders' interests are well served. Insteel Industries' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Insteel Industries' outside directors are responsible for providing unbiased perspectives on the board's policies.
| W Rogers, Independent Director | ||
| James York, Senior Vice President - Sourcing and Logistics | ||
| Jon Ruth, Independent Director | ||
| Elizabeth Southern, Secretary Administration | ||
| James Petelle, Vice President - Administration, Company Secretary, Chief Legal Officer | ||
| Abney Boxley, Independent Director | ||
| Richard Wagner, VP and General Manager of the Concrete Reinforcing Products Bus. Unit - Insteel Wire Products Company | ||
| G Thompson, Independent Director | ||
| Howard III, CEO President | ||
| Scot Jafroodi, Chief VP | ||
| H Woltz, Chairman of the Board, President, Chief Executive Officer | ||
| Mark Carano, Chief Financial Officer, Senior Vice President, Treasurer | ||
| Anne Lloyd, Independent Director | ||
| Joseph Rutkowski, Independent Director |
Insteel Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Insteel Industries a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0527 | ||||
| Return On Asset | 0.0288 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 479.75 M | ||||
| Shares Outstanding | 19.45 M | ||||
| Shares Owned By Insiders | 5.35 % | ||||
| Shares Owned By Institutions | 84.46 % | ||||
| Number Of Shares Shorted | 314.37 K | ||||
| Price To Earning | 15.12 X |
Pair Trading with Insteel Industries
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Insteel Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Insteel Industries will appreciate offsetting losses from the drop in the long position's value.Moving against Insteel Stock
| 0.72 | TG | Tredegar | PairCorr |
| 0.71 | CMPO | CompoSecure | PairCorr |
| 0.69 | CMPOW | CompoSecure | PairCorr |
| 0.69 | J | Jacobs Solutions | PairCorr |
| 0.64 | B | Barnes Group | PairCorr |
The ability to find closely correlated positions to Insteel Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Insteel Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Insteel Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Insteel Industries to buy it.
The correlation of Insteel Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Insteel Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Insteel Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Insteel Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Insteel Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Insteel Stock, please use our How to Invest in Insteel Industries guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Building Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Insteel Industries. If investors know Insteel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Insteel Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.17) | Dividend Share 0.12 | Earnings Share 0.99 | Revenue Per Share 27.136 | Quarterly Revenue Growth (0.15) |
The market value of Insteel Industries is measured differently than its book value, which is the value of Insteel that is recorded on the company's balance sheet. Investors also form their own opinion of Insteel Industries' value that differs from its market value or its book value, called intrinsic value, which is Insteel Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Insteel Industries' market value can be influenced by many factors that don't directly affect Insteel Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Insteel Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Insteel Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Insteel Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.