Alert: New Earnings Report (1/16/25)-Insteel Industries Inc (NYSE: IIIN).

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Insteel Industries Inc (NYSE: IIIN) has reported E.P.S. of $0.06 for its first fiscal quarter (ending December 31) versus $0.06 for the same period a year ago — flat performance. This performance was $-0.04 short of the consensus estimate of $0.09. E.P.S. were $1.00 for the latest four quarters through December 31 versus $1.15 for the same period a year ago — a decline of -13%.

Recent Price Action

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On 1/16/25, Insteel Industries Inc (NYSE: IIIN) stock enjoyed a large increase of 3.7%, closing at $25.75. Moreover, this advance was accompanied by exceptionally high trading volume at 289% of normal. Relative to the market the stock has been weak over the last nine months but has risen 1.8% during the last week.

Current PriceTarget Research Rating

Insteel Industries has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Insteel Industries has a neutral Appreciation Score of 52 but a poor Power Rating of 28, triggering the Negative Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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