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Friedman Industries Incorporated is a steel business based in the US. Friedman Industries Incorporated shares (FRD) are listed on the NYSE MKT and all prices are listed in US Dollars. Friedman Industries Incorporated employs 104 staff and has a trailing 12-month revenue of around 0.00.
|Latest market close||$13.99|
|52-week range||$5.50 - $15.58|
|50-day moving average||$12.07|
|200-day moving average||$11.84|
|Wall St. target price||N/A|
|Dividend yield||$0.08 (0.63%)|
|Earnings per share (TTM)||$3.38|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-10-15)||10.42%|
|1 month (2021-09-22)||21.34%|
|3 months (2021-07-22)||15.05%|
|6 months (2021-04-22)||73.14%|
|1 year (2020-10-22)||141.21%|
|2 years (2019-10-22)||108.49%|
|3 years (2018-10-22)||61.73%|
|5 years (2016-10-21)||165.97%|
Valuing Friedman Industries Incorporated stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Friedman Industries Incorporated's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Friedman Industries Incorporated's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 4x. In other words, Friedman Industries Incorporated shares trade at around 4x recent earnings.
Friedman Industries Incorporated's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $31.9 million.
The EBITDA is a measure of a Friedman Industries Incorporated's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$168.5 million|
|Operating margin TTM||18.32%|
|Gross profit TTM||$23.6 million|
|Return on assets TTM||17.01%|
|Return on equity TTM||36.61%|
|Market capitalisation||$87.4 million|
TTM: trailing 12 months
There are currently 60,073 Friedman Industries Incorporated shares held short by investors – that's known as Friedman Industries Incorporated's "short interest". This figure is 18.5% up from 50,694 last month.
There are a few different ways that this level of interest in shorting Friedman Industries Incorporated shares can be evaluated.
Friedman Industries Incorporated's "short interest ratio" (SIR) is the quantity of Friedman Industries Incorporated shares currently shorted divided by the average quantity of Friedman Industries Incorporated shares traded daily (recently around 23194.208494208). Friedman Industries Incorporated's SIR currently stands at 2.59. In other words for every 100,000 Friedman Industries Incorporated shares traded daily on the market, roughly 2590 shares are currently held short.
However Friedman Industries Incorporated's short interest can also be evaluated against the total number of Friedman Industries Incorporated shares, or, against the total number of tradable Friedman Industries Incorporated shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Friedman Industries Incorporated's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Friedman Industries Incorporated shares in existence, roughly 10 shares are currently held short) or 0.0098% of the tradable shares (for every 100,000 tradable Friedman Industries Incorporated shares, roughly 10 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Friedman Industries Incorporated.
Find out more about how you can short Friedman Industries Incorporated stock.
Dividend payout ratio: 1.62% of net profits
Recently Friedman Industries Incorporated has paid out, on average, around 1.62% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.63% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Friedman Industries Incorporated shareholders could enjoy a 0.63% return on their shares, in the form of dividend payments. In Friedman Industries Incorporated's case, that would currently equate to about $0.08 per share.
While Friedman Industries Incorporated's payout ratio might seem low, this can signify that Friedman Industries Incorporated is investing more in its future growth.
Friedman Industries Incorporated's most recent dividend payout was on 11 November 2021. The latest dividend was paid out to all shareholders who bought their shares by 6 October 2021 (the "ex-dividend date").
Friedman Industries Incorporated's shares were split on a 105:100 basis on 25 April 2000. So if you had owned 100 shares the day before before the split, the next day you'd have owned 105 shares. This wouldn't directly have changed the overall worth of your Friedman Industries Incorporated shares – just the quantity. However, indirectly, the new 4.8% lower share price could have impacted the market appetite for Friedman Industries Incorporated shares which in turn could have impacted Friedman Industries Incorporated's share price.
Over the last 12 months, Friedman Industries Incorporated's shares have ranged in value from as little as $5.5026 up to $15.5796. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE MKT average) beta is 1, while Friedman Industries Incorporated's is 0.6614. This would suggest that Friedman Industries Incorporated's shares are less volatile than average (for this exchange).
Friedman Industries, Incorporated engages in steel processing, pipe manufacturing and processing, and the steel and pipe distribution businesses the United States. It operates in two segments, Coil and Tubular. The Coil segment is involved in the conversion of steel coils into flat sheet and plate steel cut to customer specifications and reselling steel coils. This segment also processes customer-owned coils on a fee basis. The company sells coil products and processing services to approximately 200 customers located primarily in the midwestern, southwestern and southeastern regions of the United States. Its principal customers for these products and services are steel distributors and customers manufacturing steel products, such as steel buildings, railroad cars, barges, tanks and containers, trailers, component parts and other fabricated steel products. The Tubular segment manufactures line and oil country pipes, as well as pipes for structural applications.
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