Friedman Industries Stock Today
| FRD Stock | USD 17.19 0.87 5.33% |
PerformanceInsignificant
| Odds Of DistressLow
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Friedman Industries is trading at 17.19 as of the 20th of March 2025, a 5.33 percent increase since the beginning of the trading day. The stock's lowest day price was 16.11. Friedman Industries has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. The performance scores are derived for the period starting the 20th of December 2024 and ending today, the 20th of March 2025. Click here to learn more.
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. The company has 6.97 M outstanding shares of which 29.98 K shares are currently shorted by investors with about 1.75 days to cover. More on Friedman Industries
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Friedman Stock Highlights
| Chairman | Michael Taylor |
| Thematic Idea | Steel Works Etc (View all Themes) |
| Business Concentration | Steel Works Etc, Steel, Basic Materials, Materials, Metals & Mining, Steel, Basic Materials (View all Sectors) |
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 Steel Works Etc category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 113.76 M. Friedman Industries runs under Metals & Mining sector within Materials industry. The entity has 6.97 M outstanding shares of which 29.98 K shares are currently shorted by investors with about 1.75 days to cover.
Friedman Industries has about 2.41 M in cash with 4.98 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.33.
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Ownership AllocationThe market capitalization of Friedman Industries is $113.76 Million. Over half of Friedman Industries' outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that obtain positions in a given instrument to benefit from reduced trade commissions. Note, that even with substantial debt, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.
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Friedman Industries Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Friedman Industries market risk premium is the additional return an investor will receive from holding Friedman Industries long position in a well-diversified portfolio.
| Risk Adjusted Performance | 0.0423 | |||
| Jensen Alpha | 0.113 | |||
| Total Risk Alpha | 0.3805 | |||
| Sortino Ratio | 0.0662 |
Friedman Stock Against Markets
Friedman Industries Corporate Directors
| Kimberly Thomas | Director Resources | Profile | |
| Joel Spira | Independent Director | Profile | |
| Max Reichenthal | Independent Director | Profile | |
| Durga Agrawal | Independent Director | Profile |
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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Steel Works Etc 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.
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.