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Friedman Industries NYSEAM:FRD Stock Report

Last Price

US$14.02

Market Cap

US$95.9m

7D

-0.8%

1Y

15.0%

Updated

20 Nov, 2024

Data

Company Financials

Friedman Industries, Incorporated

NYSEAM:FRD Stock Report

Market Cap: US$95.9m

FRD Stock Overview

Engages in the manufacture and processing of steel products in the United States. More details

FRD fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends3/6

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$14.02
52 Week HighUS$19.52
52 Week LowUS$11.15
Beta1.38
11 Month Change-0.64%
3 Month Change-6.28%
1 Year Change15.01%
33 Year Change25.07%
5 Year Change129.46%
Change since IPO885.95%

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-0.8%2.3%-1.0%
1Y15.0%22.3%30.3%

Return vs Industry: FRD underperformed the US Metals and Mining industry which returned 21.7% over the past year.

Return vs Market: FRD underperformed the US Market which returned 30.4% over the past year.

Price Volatility

Is FRD's price volatile compared to industry and market?
FRD volatility
FRD Average Weekly Movement6.3%
Metals and Mining Industry Average Movement8.0%
Market Average Movement6.2%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.1%

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

Volatility Over Time: FRD's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1965268Mike Taylorwww.friedmanindustries.com

Friedman Industries, Incorporated engages in the manufacture and processing of steel products in the United States. It operates in two segments, Flat-Roll Products and Tubular Products. The Flat-Roll Product segment is involved in the conversion of steel coils into flat sheet and plate steel cut to customer specifications and reselling steel coils, as well as provision of process and storage services for customer-owned coils on a fee basis.

Friedman Industries, Incorporated Fundamentals Summary

How do Friedman Industries's earnings and revenue compare to its market cap?
FRD fundamental statistics
Market capUS$95.86m
Earnings (TTM)US$7.98m
Revenue (TTM)US$469.52m

12.2x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FRD income statement (TTM)
RevenueUS$469.52m
Cost of RevenueUS$412.55m
Gross ProfitUS$56.96m
Other ExpensesUS$48.98m
EarningsUS$7.98m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.15
Gross Margin12.13%
Net Profit Margin1.70%
Debt/Equity Ratio27.8%

How did FRD perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

12%

Payout Ratio