Friedman Industries is a steel business based in the US. Friedman Industries shares (FRD) are listed on the NYSE MKT and all prices are listed in US Dollars. Friedman Industries employs 268 staff and has a trailing 12-month revenue of around $516.3 million.
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| Latest market close | $17.70 |
|---|---|
| 52-week range | $9.47 - $19.48 |
| 50-day moving average | $16.63 |
| 200-day moving average | $15.99 |
| Wall St. target price | N/A |
| PE ratio | 6.9623 |
| Dividend yield | $0.1 (0.96%) |
| Earnings per share (TTM) | $2.39 |
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.
Historical closes compared with the close of $17.7 from 2024-07-22
| 1 week (2024-07-16) | -3.23% |
|---|---|
| 1 month (2024-06-21) | 10.49% |
| 3 months (2024-04-23) | -9.00% |
| 6 months (2024-01-23) | 10.14% |
| 1 year (2023-07-21) | 20.24% |
|---|---|
| 2 years (2022-07-22) | 113.51% |
| 3 years (2021-07-23) | 43.44% |
| 5 years (2019-07-23) | 186.95% |
Valuing Friedman Industries stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Friedman Industries's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Friedman Industries's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 7x. In other words, Friedman Industries shares trade at around 7x recent earnings.
Friedman Industries's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $27.6 million.
The EBITDA is a measure of a Friedman Industries's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $516.3 million |
|---|---|
| Operating margin TTM | 21.65% |
| Gross profit TTM | $41 million |
| Return on assets TTM | 7.14% |
| Return on equity TTM | 14.28% |
| Profit margin | 3.36% |
| Book value | $18.27 |
| Market Capitalization | $116 million |
TTM: trailing 12 months
Dividend payout ratio: 5.49% of net profits
Recently Friedman Industries has paid out, on average, around 5.49% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.96% 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 shareholders could enjoy a 0.96% return on their shares, in the form of dividend payments. In Friedman Industries's case, that would currently equate to about $0.1 per share.
While Friedman Industries's payout ratio might seem low, this can signify that Friedman Industries is investing more in its future growth.
Friedman Industries's most recent dividend payout was on 15 August 2024. The latest dividend was paid out to all shareholders who bought their shares by 25 July 2024 (the "ex-dividend date").
Friedman Industries'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 shares – just the quantity. However, indirectly, the new 4.8% lower share price could have impacted the market appetite for Friedman Industries shares which in turn could have impacted Friedman Industries's share price.
Over the last 12 months, Friedman Industries's shares have ranged in value from as little as $9.4684 up to $19.4798. 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's is 1.37. This would suggest that Friedman Industries's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Friedman Industries, Incorporated engages in the manufacture and processing of steel products in the United States. It operates in two segments, Flat-Roll Products and Tubular Products. The Flat-Roll Product segment is involved in the conversion of steel coils into flat sheet and plate steel cut to customer specifications and reselling steel coils, as well as provision of process and storage services for customer-owned coils on a fee basis. The segment offers its products and services to 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 Product segment manufactures line and oil country pipes, as well as pipes for structural applications. This segment sells its tubular products principally to steel and pipe distributors through its own sales force. The company was incorporated in 1965 and is based in Longview, Texas.
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