Friedman Industries Inc. (FRD): Price and Financial Metrics
FRD Price/Volume Stats
Current price | $17.10 | 52-week high | $18.31 |
Prev. close | $16.48 | 52-week low | $9.50 |
Day low | $16.49 | Volume | 22,700 |
Day high | $17.10 | Avg. volume | 23,012 |
50-day MA | $15.70 | Dividend yield | 0.47% |
200-day MA | $13.27 | Market Cap | 119.29M |
FRD Stock Price Chart Interactive Chart >
FRD POWR Grades
- FRD scores best on the Value dimension, with a Value rank ahead of 82.77% of US stocks.
- The strongest trend for FRD is in Value, which has been heading down over the past 176 days.
- FRD ranks lowest in Quality; there it ranks in the 22nd percentile.
FRD Stock Summary
- FRD's current price/earnings ratio is 6.13, which is higher than only 7.26% of US stocks with positive earnings.
- With a price/sales ratio of 0.23, FRIEDMAN INDUSTRIES INC has a higher such ratio than merely 6.75% of stocks in our set.
- In terms of twelve month growth in earnings before interest and taxes, FRIEDMAN INDUSTRIES INC is reporting a growth rate of 391.82%; that's higher than 96.97% of US stocks.
- Stocks that are quantitatively similar to FRD, based on their financial statements, market capitalization, and price volatility, are MLR, KEQU, KRT, AVT, and OCC.
- FRD's SEC filings can be seen here. And to visit FRIEDMAN INDUSTRIES INC's official web site, go to www.friedmanindustries.com.
FRD Valuation Summary
- In comparison to the median Basic Materials stock, FRD's price/sales ratio is 86.67% lower, now standing at 0.2.
- FRD's price/sales ratio has moved down 0 over the prior 243 months.
Below are key valuation metrics over time for FRD.
Stock | Date | P/S | P/B | P/E | EV/EBIT |
---|---|---|---|---|---|
FRD | 2023-12-29 | 0.2 | 0.9 | 6.0 | 6.0 |
FRD | 2023-12-28 | 0.2 | 0.9 | 6.1 | 6.0 |
FRD | 2023-12-27 | 0.2 | 0.9 | 6.1 | 6.0 |
FRD | 2023-12-26 | 0.2 | 0.9 | 5.9 | 5.9 |
FRD | 2023-12-22 | 0.2 | 0.9 | 5.9 | 5.9 |
FRD | 2023-12-21 | 0.2 | 0.9 | 5.9 | 5.9 |
FRD Growth Metrics
- The 2 year price growth rate now stands at 111.56%.
- Its 3 year net cashflow from operations growth rate is now at -239.1%.
- Its 3 year cash and equivalents growth rate is now at -77.73%.
The table below shows FRD's growth in key financial areas (numbers in millions of US dollars).
Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
---|---|---|---|
2022-12-31 | 498.4471 | 53.63813 | 7.569919 |
2022-09-30 | 438.2429 | 65.84351 | 3.232193 |
2022-06-30 | 381.1214 | -36.86019 | 13.9389 |
2022-03-31 | 285.2348 | -13.39776 | 14.06632 |
2021-12-31 | 259.3575 | -19.34805 | 31.93117 |
2021-09-30 | 236.2036 | -19.88044 | 37.02275 |
FRD's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- FRD has a Quality Grade of B, ranking ahead of 79.63% of graded US stocks.
- FRD's asset turnover comes in at 1.672 -- ranking 3rd of 41 Steel Works Etc stocks.
- AA, TG, and GLW are the stocks whose asset turnover ratios are most correlated with FRD.
The table below shows FRD's key quality metrics over time.
Period | Asset Turnover | Gross Margin | ROIC |
---|---|---|---|
2021-06-30 | 1.672 | 0.241 | 0.489 |
2021-03-31 | 1.583 | 0.187 | 0.278 |
2020-12-31 | 1.460 | 0.070 | -0.049 |
2020-09-30 | 1.432 | 0.030 | -0.128 |
2020-06-30 | 1.584 | 0.011 | -0.159 |
2020-03-31 | 1.738 | 0.018 | -0.126 |
Latest FRD News From Around the Web
Below are the latest news stories about FRIEDMAN INDUSTRIES INC that investors may wish to consider to help them evaluate FRD as an investment opportunity.
Sizing Up Prospects for 3 Steel Stocks in the Wake of the Deal for U.S. SteelShares of U.S. Steel shot higher by 25% on Monday on news that the company will be acquired by Nippon Steel, Japan's largest steelmaker, for $14.9 billion. Created as the United States Steel Company in 1901, the iconic brand essentially began as a partnership that included business titans Andrew Carnegie, J.P. Morgan and Charles Schwab. The weak yen makes the deal more expensive from Nippon Steel's perspective, but the Tokyo-based steelmaker is willing to pay the price. |
FRIEDMAN INDUSTRIES, INCORPORATED ANNOUNCES SHARE REPURCHASE AND AUTHORIZATION OF ADDITIONAL SHARE REPURCHASE PROGRAMLONGVIEW, Texas, Dec. 18, 2023 (GLOBE NEWSWIRE) -- On December 13, 2023, Friedman Industries, Incorporated (the “Company”) repurchased 400,041 shares of the Company’s common stock from Metal One Corporation for an aggregate repurchase price of approximately $5.1 million. After the repurchase, the Company had 6,971,824 shares of common stock outstanding. In addition, the Board of Directors authorized a share repurchase program on December 13, 2023 under which the Company may repurchase up to 1,04 |
FRIEDMAN INDUSTRIES, INCORPORATED ANNOUNCES CASH DIVIDENDLONGVIEW, Texas, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE—American; Trading Symbol: FRD) The Board of Directors (the “Board”) of Friedman Industries, Incorporated, a Texas-based company engaged in pipe manufacturing, steel processing and steel and pipe distribution, declared on December 13, 2023, a cash dividend of $0.02 per share on the Common Stock of the Company. The Company will pay the cash dividend on February 16, 2024 to shareholders of record at the close |
Friedman Industries, Incorporated Announces Second Quarter Results and Provides Update on Strategic Growth InitiativesLONGVIEW, Texas, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE American: FRD) announced today its results of operations for the quarter ended September 30, 2023. September 30, 2023 Quarter Highlights: Net earnings of approximately $3.5 millionSales of approximately $130.7 million10% increase in sales volume over prior year quarter volumeWorking capital balance at quarter-end of approximately $129.9 million “Our second quarter results are a testament to our team’s abil |
Director Max Reichenthal Buys 2000 Shares of Friedman Industries Inc (FRD)On September 11, 2023, Max Reichenthal, a director at Friedman Industries Inc (FRD), purchased 2000 shares of the company. |
FRD Price Returns
1-mo | 5.56% |
3-mo | 40.34% |
6-mo | 21.29% |
1-year | 44.81% |
3-year | 137.10% |
5-year | 133.36% |
YTD | 10.75% |
2023 | 58.98% |
2022 | 5.34% |
2021 | 37.91% |
2020 | 15.73% |
2019 | -12.71% |
FRD Dividends
Ex-Dividend Date | Type | Payout Amount | Change | ||||||
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Continue Researching FRD
Want to do more research on Friedman Industries Inc's stock and its price? Try the links below:Friedman Industries Inc (FRD) Stock Price | Nasdaq
Friedman Industries Inc (FRD) Stock Quote, History and News - Yahoo Finance
Friedman Industries Inc (FRD) Stock Price and Basic Information | MarketWatch
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