Michael Taylor - Friedman Industries Chairman

FRD Stock  USD 15.77  0.12  0.76%   

Chairman

Mr. Michael J. Taylor is Chairman of the Board, Interim President and Interim Chief Executive Officer of the Company. He was Director of the Company. Mr. Taylor retired in 2014 from a 33 year career in the steel industry. Most recently, Mr. Taylor served as President of Cargill Metals Supply Chain from 2003 to 2014. since 2019.
Age 65
Tenure 5 years
Address 1121 Judson Road, Longview, TX, United States, 75601
Phone903 758 3431
Webhttps://www.friedmanindustries.com

Michael Taylor Latest Insider Activity

Tracking and analyzing the buying and selling activities of Michael Taylor against Friedman Industries stock is an integral part of due diligence when investing in Friedman Industries. Michael Taylor insider activity provides valuable insight into whether Friedman Industries is net buyers or sellers over its current business cycle. Note, Friedman Industries insiders must abide by specific rules, including filing SEC forms every time they buy or sell Friedman Industries'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Friedman Industries Management Efficiency

The company has Return on Asset of 0.0325 % which means that on every $100 spent on assets, it made $0.0325 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0629 %, implying that it generated $0.0629 on every 100 dollars invested. Friedman Industries' management efficiency ratios could be used to measure how well Friedman Industries manages its routine affairs as well as how well it operates its assets and liabilities. At present, Friedman Industries' Return On Capital Employed is projected to increase slightly based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.08, whereas Return On Equity is forecasted to decline to 0.11. At present, Friedman Industries' Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 4.2 M, whereas Other Assets are forecasted to decline to about 494.9 K.
Friedman Industries has 43.13 M in debt with debt to equity (D/E) ratio of 1.01, which is OK given its current industry classification. Friedman Industries has a current ratio of 3.7, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Friedman to invest in growth at high rates of return.

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Friedman Industries, Incorporated engages in steel processing, pipe manufacturing and processing, and the steel and pipe distribution businesses the United States. Friedman Industries, Incorporated was incorporated in 1965 and is headquartered in Longview, Texas. Friedman Industries operates under Steel classification in the United States and is traded on AMEX Exchange. It employs 98 people. Friedman Industries (FRD) is traded on NYSE MKT Exchange in USA. It is located in 1121 Judson Road, Longview, TX, United States, 75601 and employs 268 people. Friedman Industries is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Friedman Industries Leadership Team

Elected by the shareholders, the Friedman Industries' board of directors comprises two types of representatives: Friedman Industries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Friedman. The board's role is to monitor Friedman Industries' management team and ensure that shareholders' interests are well served. Friedman 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, Friedman Industries' outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael Taylor, Chairman of the Board, Interim President and Interim Chief Executive Officer
Alex CPA, Secretary CFO
Alex LaRue, Principal Financial Officer, Principal Accounting Officer, VP, Treasurer and Secretary
Paul Rottmann, Vice Operations
Kimberly Thomas, Director Resources
Joel Spira, Independent Director
Max Reichenthal, Independent Director
Durga Agrawal, Independent Director
Jonathan Holcomb, Vice Purchasing
Joe Williams, Independent Director
Charles Hall, Assistant Secretary, Director and Member of Nominating Committee

Friedman 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 Friedman 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.

Also Currently Popular

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When determining whether Friedman Industries is a strong investment it is important to analyze Friedman Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Friedman Industries' future performance. For an informed investment choice regarding Friedman Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Friedman 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 metropolitan statistical area.
For information on how to trade Friedman Stock refer to our How to Trade Friedman Stock guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Metals & Mining 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 Friedman Industries. If investors know Friedman 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 Friedman 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
(0.33)
Dividend Share
0.14
Earnings Share
1.1
Revenue Per Share
66.665
Quarterly Revenue Growth
1.802
The market value of Friedman Industries is measured differently than its book value, which is the value of Friedman that is recorded on the company's balance sheet. Investors also form their own opinion of Friedman Industries' value that differs from its market value or its book value, called intrinsic value, which is Friedman 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 Friedman Industries' market value can be influenced by many factors that don't directly affect Friedman 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 Friedman Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Friedman Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Friedman 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.