Friedman Industries Stock Performance
| FRD Stock | USD 15.89 0.56 3.40% |
On a scale of 0 to 100, Friedman Industries holds a performance score of 4. The firm shows a Beta (market volatility) of -0.32, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Friedman Industries are expected to decrease at a much lower rate. During the bear market, Friedman Industries is likely to outperform the market. Please check Friedman Industries' jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Friedman Industries' price patterns will revert.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Friedman Industries are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of rather fragile basic indicators, Friedman Industries exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (0.76) | Five Day Return (10.75) | Year To Date Return 2.07 | Ten Year Return 118.12 | All Time Return 1.4 K |
Forward Dividend Yield 0.0101 | Payout Ratio 0.1233 | Last Split Factor 105:100 | Forward Dividend Rate 0.16 | Dividend Date 2025-02-14 |
1 | Acquisition by Max Reichenthal of 2545 shares of Friedman Industries at 8.7 subject to Rule 16b-3 | 09/24/2024 |
| Friedman Industries dividend paid on 25th of October 2024 | 10/25/2024 |
2 | Acquisition by Taylor Mike J of 4000 shares of Friedman Industries at 12.86 subject to Rule 16b-3 | 11/08/2024 |
3 | Friedman GAAP EPS of -0.10, revenue of 106.8M | 11/12/2024 |
4 | Friedman Stock Declines Post Q2 Earnings on Lower Sales, Demand | 11/14/2024 |
| Friedman Industries dividend paid on 15th of November 2024 | 11/15/2024 |
5 | Acquisition by Taylor Sharon L of 700 shares of Friedman Industries at 13.85 subject to Rule 16b-3 | 11/19/2024 |
6 | Friedman Industries director Sharon Taylor buys 9,695 in stock | 11/20/2024 |
7 | Friedman Industries director Max Reichenthal buys 27,440 in stock | 11/22/2024 |
8 | Friedman declares 0.04 dividend | 12/03/2024 |
| Begin Period Cash Flow | 5.4 M |
Friedman |
Friedman Industries Relative Risk vs. Return Landscape
If you would invest 1,450 in Friedman Industries on September 15, 2024 and sell it today you would earn a total of 139.00 from holding Friedman Industries or generate 9.59% return on investment over 90 days. Friedman Industries is generating 0.2011% of daily returns assuming volatility of 3.4604% on return distribution over 90 days investment horizon. In other words, 30% of stocks are less volatile than Friedman, and above 96% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Friedman Industries Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Friedman Industries' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Friedman Industries, and traders can use it to determine the average amount a Friedman Industries' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0581
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | FRD | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.46 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Friedman Industries is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Friedman Industries by adding it to a well-diversified portfolio.
Friedman Industries Fundamentals Growth
Friedman Stock prices reflect investors' perceptions of the future prospects and financial health of Friedman Industries, and Friedman Industries fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Friedman Stock performance.
| Return On Equity | 0.0629 | ||||
| Return On Asset | 0.0325 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | 0.22 % | ||||
| Current Valuation | 146.07 M | ||||
| Shares Outstanding | 6.97 M | ||||
| Price To Earning | 3.63 X | ||||
| Price To Book | 0.85 X | ||||
| Price To Sales | 0.24 X | ||||
| Revenue | 516.25 M | ||||
| Gross Profit | 40.99 M | ||||
| EBITDA | 29.46 M | ||||
| Net Income | 17.34 M | ||||
| Cash And Equivalents | 2.41 M | ||||
| Cash Per Share | 0.33 X | ||||
| Total Debt | 43.13 M | ||||
| Debt To Equity | 1.01 % | ||||
| Current Ratio | 3.78 X | ||||
| Book Value Per Share | 18.48 X | ||||
| Cash Flow From Operations | 4.98 M | ||||
| Earnings Per Share | 1.14 X | ||||
| Market Capitalization | 113.73 M | ||||
| Total Asset | 230.02 M | ||||
| Retained Earnings | 96.28 M | ||||
| Working Capital | 115.96 M | ||||
| Current Asset | 49.7 M | ||||
| Current Liabilities | 2.87 M | ||||
About Friedman Industries Performance
By analyzing Friedman Industries' fundamental ratios, stakeholders can gain valuable insights into Friedman Industries' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Friedman Industries has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Friedman Industries has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 95.24 | 72.18 | |
| Return On Tangible Assets | 0.08 | 0.08 | |
| Return On Capital Employed | 0.14 | 0.18 | |
| Return On Assets | 0.08 | 0.08 | |
| Return On Equity | 0.14 | 0.11 |
Things to note about Friedman Industries performance evaluation
Checking the ongoing alerts about Friedman Industries for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Friedman Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Friedman Industries had very high historical volatility over the last 90 days | |
| On 15th of November 2024 Friedman Industries paid $ 0.04 per share dividend to its current shareholders | |
| Latest headline from seekingalpha.com: Friedman declares 0.04 dividend |
- Analyzing Friedman Industries' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Friedman Industries' stock is overvalued or undervalued compared to its peers.
- Examining Friedman Industries' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Friedman Industries' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Friedman Industries' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Friedman Industries' stock. These opinions can provide insight into Friedman Industries' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Friedman Stock analysis
When running Friedman Industries' price analysis, check to measure Friedman Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Friedman Industries is operating at the current time. Most of Friedman Industries' value examination focuses on studying past and present price action to predict the probability of Friedman Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Friedman Industries' price. Additionally, you may evaluate how the addition of Friedman Industries to your portfolios can decrease your overall portfolio volatility.
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world |