Friedman Industries Inc

Company Profile

Friedman Industries Inc had its IPO on 1992-03-17 under the ticker symbol FRD.

The company operates in the MANUFACTURING sector and BLAST FURNACES & ROLLING & FINISHING MILLS industry. Friedman Industries Inc has a staff strength of 0 employees.

Stock update

Shares of Friedman Industries Inc opened at $9.77 at the start of the last trading session i.e. 2022-11-02.

The stocks traded within a range of $9.26 - $9.78, and closed at $9.27.

This is a -4.14% slip from the previous day's closing price.

A total volume of 22,590 shares were traded at the close of the day’s session.

In the last one week, shares of Friedman Industries Inc have slipped by -7.3%.

Friedman Industries Inc's Key Ratios

Friedman Industries Inc has a market cap of $0.068 billion, indicating a price to book ratio of 0.665 and a price to sales ratio of 0.179.

In the last 12-months Friedman Industries Inc’s revenue was $0.381 billion with a gross profit of $0.041 billion and an EBITDA of $0.028 billion. The EBITDA ratio measures Friedman Industries Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Friedman Industries Inc’s operating margin was 7.05% while its return on assets stood at 8.04% with a return of equity of 16.8%.

In Q3, Friedman Industries Inc’s quarterly earnings growth was a negative -5.5% while revenue growth was a positive 145.5%.

Friedman Industries Inc’s PE and PEG Ratio

Forward PE

-

Trailing PE

4.754

PEG

0

Its diluted EPS in the last 12-months stands at $1.95 per share while it has a forward price to earnings multiple of - and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Friedman Industries Inc’s profitability.

Friedman Industries Inc stock is trading at a EV to sales ratio of 0.442 and a EV to EBITDA ratio of 8.06. Its price to sales ratio in the trailing 12-months stood at 0.179.

Friedman Industries Inc stock pays annual dividends of $0.08 per share, indicating a yield of 0.83% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$0.000 billion

Total Liabilities

$0.000 billion

Operating Cash Flow

$0.000 billion

Capital Expenditure

$0.000 billion

Dividend Payout Ratio

0%

Friedman Industries Inc ended 1970 with $0.000 billion in total assets and $131.2 billion in total liabilities. Its intangible assets were valued at $0.000 billion while shareholder equity stood at $0.000 billion.

Friedman Industries Inc ended 1970 with $0.000 billion in deferred long-term liabilities, $0.000 billion in other current liabilities, billion in common stock, $0.000 billion in retained earnings and $0.000 billion in goodwill. Its cash balance stood at $0.000 billion and cash and short-term investments were $0.000 billion. The company’s total short-term debt was $0.000 billion while long-term debt stood at $0.000 billion.

Friedman Industries Inc’s total current assets stands at $0.000 billion while long-term investments were $0.000 billion and short-term investments were $0.000 million. Its net receivables were $0.000 billion compared to accounts payable of $0.000 billion and inventory worth $0.000 billion.

In 1970, Friedman Industries Inc's operating cash flow was $0.000 billion while its capital expenditure stood at $0.000 billion.

Comparatively, Friedman Industries Inc paid $0 billion in dividends in 1970.

Other key metrics

Current Trading Price

$9.27

52-Week High

$14.54

52-Week Low

$6.72

Analyst Target Price

$None

Friedman Industries Inc stock is currently trading at $9.27 per share. It touched a 52-week high of $14.54 and a 52-week low of $14.54. Analysts tracking the stock have a 12-month average target price of $None.

Its 50-day moving average was $0 and 200-day moving average was $0 The short ratio stood at indicating a short percent outstanding of 0%.

Around 0% of the company’s stock are held by insiders while 0% are held by institutions.