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Friedman Industries NYSEAM:FRD Stock Report

Last Price

US$18.80

Market Cap

US$129.9m

7D

-2.4%

1Y

81.1%

Updated

10 May, 2024

Data

Company Financials

Friedman Industries, Incorporated

NYSEAM:FRD Stock Report

Market Cap: US$129.9m

FRD Stock Overview

Friedman Industries, Incorporated engages in steel processing, pipe manufacturing and processing, and the steel and pipe distribution businesses the United States.

FRD fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends2/6

Rewards

Risk Analysis

No risks detected for FRD from our risk checks.

Friedman Industries, Incorporated Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Friedman Industries
Historical stock prices
Current Share PriceUS$18.80
52 Week HighUS$19.52
52 Week LowUS$9.50
Beta1.36
1 Month Change-0.84%
3 Month Change10.78%
1 Year Change81.12%
3 Year Change83.59%
5 Year Change158.60%
Change since IPO1,222.11%

Recent News & Updates

Recent updates

The Friedman Industries (NYSEMKT:FRD) Share Price Is Up 51% And Shareholders Are Holding On

Feb 07
The Friedman Industries (NYSEMKT:FRD) Share Price Is Up 51% And Shareholders Are Holding On

We Wouldn't Be Too Quick To Buy Friedman Industries, Incorporated (NYSEMKT:FRD) Before It Goes Ex-Dividend

Jan 03
We Wouldn't Be Too Quick To Buy Friedman Industries, Incorporated (NYSEMKT:FRD) Before It Goes Ex-Dividend

Does Friedman Industries (NYSEMKT:FRD) Have A Healthy Balance Sheet?

Dec 19
Does Friedman Industries (NYSEMKT:FRD) Have A Healthy Balance Sheet?

Shareholder Returns

FRDUS Metals and MiningUS Market
7D-2.4%3.7%2.7%
1Y81.1%29.1%26.0%

Return vs Industry: FRD exceeded the US Metals and Mining industry which returned 21.9% over the past year.

Return vs Market: FRD exceeded the US Market which returned 25% over the past year.

Price Volatility

Is FRD's price volatile compared to industry and market?
FRD volatility
FRD Average Weekly Movement4.8%
Metals and Mining Industry Average Movement8.3%
Market Average Movement6.1%
10% most volatile stocks in US Market16.5%
10% least volatile stocks in US Market3.0%

Stable Share Price: FRD has not had significant price volatility in the past 3 months.

Volatility Over Time: FRD's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1965235Mike Taylorwww.friedmanindustries.com

Friedman Industries, Incorporated engages in steel processing, pipe manufacturing and processing, and the steel and pipe distribution businesses the United States. It operates in two segments, Coil and Tubular. The Coil segment is involved in the conversion of steel coils into flat sheet and plate steel cut to customer specifications and reselling steel coils.

Friedman Industries, Incorporated Fundamentals Summary

How do Friedman Industries's earnings and revenue compare to its market cap?
FRD fundamental statistics
Market capUS$129.90m
Earnings (TTM)US$18.48m
Revenue (TTM)US$508.21m

7.1x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FRD income statement (TTM)
RevenueUS$508.21m
Cost of RevenueUS$462.01m
Gross ProfitUS$46.20m
Other ExpensesUS$27.72m
EarningsUS$18.48m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)2.65
Gross Margin9.09%
Net Profit Margin3.64%
Debt/Equity Ratio37.4%

How did FRD perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

3%

Payout Ratio
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