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Insteel Industries Inc.

IIIN

Industrials · 30.58 +0.8% today

Isolated · not yet confirmedMarket checked 11 Sept, 15:55 GMT-4

Market read

Insteel Industries Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 26 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.

Company+0.8% todayVolume comparison unavailable
Market group0 of 26 activeIndustrial & Healthcare Solutions · unavailable
Disclosed network0 of 1 confirmingNo filing-linked name is confirming now
What would change this read
  • IIIN's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if IIIN's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Industrials · Metal Fabrication

No new filing conclusion is available. 0 of 26 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • IIIN's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Sep 12, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations320
Usable filing statements79
Verified relationships1
Evidence supporting the case
  • Latest annual revenue changed +22.4% year over year.
  • Net margin changed +2.7 percentage points in the latest annual period.
  • Demand and volume has repeated favorable evidence across 3 filings.
Evidence challenging the case
  • Input and raw-material costs has repeated adverse evidence across 4 filings.
  • Pricing and mix has repeated adverse evidence across 4 filings.
  • Restructuring and cost reductions has repeated adverse evidence across 4 filings.
Questions before a position
  • P/E is 78% below the available filing-peer median; determine whether growth and quality justify the difference.
  • EV/sales is 79% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 11, 2026

30.58
6m-16.4%12m-20.9%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-10-02$590.6M+25.0%$3.41+0.8%
2022-10-01$826.8M+40.0%$6.37+0.5%
2023-09-30$649.2M-21.5%$1.66-0.3%
2024-09-28$529.2M-18.5%$0.99+0.0%
2025-09-27$647.7M+22.4%$2.10-0.1%

What management says matters

Persistent and emerging business drivers

Input and raw-material costsnegative · 4 filings
The increase in accounts payable and accrued expenses was largely due to the timing of payments related to raw material purchases, higher unit costs and increased accruals for salaries, wages and related expenses.
10-Q · Apr 16, 2026
Pricing and mixnegative · 4 filings
The increase in average selling prices was driven by price increases implemented to recover higher raw material and operating costs.
10-Q · Apr 16, 2026
Restructuring and cost reductionsmixed · 4 filings
Net Earnings Net earnings for the first half of 2026 increased to $12.8 million ($0.65 per diluted share) from $11.3 million ($0.58 per share) in the prior year period primarily due to the increase in gross profit and the net change in restructuring charges a…
10-Q · Apr 16, 2026
Demand and volumemixed · 3 filings
The increase in shipments was primarily due to favorable demand trends in the infrastructure and commercial construction markets and incremental contributions from our prior year acquisitions.
10-Q · Jan 15, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 0.9× · EV/sales 0.9×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

30.58+0.8% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for IIIN. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for IIIN. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind IIIN

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

NUENucor CorporationcompetitorOct 23, 2025

Some of our competitors, such as Wire Mesh Corporation, Nucor Corporation and Oklahoma Steel and Wire, are vertically integrated companies that produce both wire rod and concrete reinforcing products and offer multiple product lines over broad geographic area…

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

IIIN is currently a Follower in the organic co-movement group Industrial & Healthcare Solutions. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for IIIN; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.