Mark Carano - Insteel Industries President

IIIN Stock  USD 27.51  0.46  1.64%   

President

Mark Carano is Chief Financial Officer, Senior Vice President, Treasurer of Insteel Industries since 2021.
Age 54
Tenure 4 years
Address 1373 Boggs Drive, Mount Airy, NC, United States, 27030
Phone336 786 2141
Webhttps://www.insteel.com

Insteel Industries Management Efficiency

The company has return on total asset (ROA) of 0.0342 % which means that it generated a profit of $0.0342 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0579 %, meaning that it created $0.0579 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 21st of March 2025, Return On Capital Employed is likely to grow to 0.11, while Return On Tangible Assets are likely to drop 0.05. At this time, Insteel Industries' Total Assets are very stable compared to the past year. As of the 21st of March 2025, Total Current Assets is likely to grow to about 322.8 M, while Non Current Assets Total are likely to drop about 96.1 M.
Insteel Industries currently holds 1.69 M in liabilities with Debt to Equity (D/E) ratio of 0.0, which may suggest the company is not taking enough advantage from borrowing. Insteel Industries has a current ratio of 5.25, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Insteel Industries' use of debt, we should always consider it together with its cash and equity.

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Insteel Industries, Inc., together with its subsidiaries, manufactures and markets steel wire reinforcing products for concrete construction applications. Insteel Industries, Inc. was founded in 1953 and is headquartered in Mount Airy, North Carolina. Insteel Industries operates under Metal Fabrication classification in the United States and is traded on New York Stock Exchange. Insteel Industries (IIIN) is traded on New York Stock Exchange in USA. It is located in 1373 Boggs Drive, Mount Airy, NC, United States, 27030 and employs 929 people. Insteel Industries is listed under Building Products category by Fama And French industry classification.

Management Performance

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.
When determining whether Insteel Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Insteel Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Insteel Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Insteel Industries Stock:
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.
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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
(0.04)
Dividend Share
0.12
Earnings Share
0.99
Revenue Per Share
27.546
Quarterly Revenue Growth
0.066
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.