USD 39.00 target leaves Insteel Industries stock 31.49 percent below it

Published on 10/17/2026 at 19:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due October 22, 2026. Insteel Industries stock stood at USD 29.66 on October 16, 2026, down 0.03 percent versus the October 15, 2026 close.

Analyst view and reporting date

Investing.com listed a USD 39.00 consensus target based on one analyst on October 16, 2026.
Insteel Industries will report fourth-quarter fiscal 2026 results on October 22, 2026.
Insteel Industries stock last stood at USD 29.66 on October 16, 2026 at 4:00 p.m. ET, down 0.03 percent versus the October 15, 2026 close.
Market capitalization stood at USD 574.2 million and the price-to-earnings ratio was 15.95.

IIIN, US45774W1080, Illustration mit AI erstellt.

According to Investing.com on October 16, 2026, one analyst's consensus target for Insteel Industries was USD 39.00, 31.49 percent above the USD 29.66 price (ISIN US45774W1080). Insteel Industries last stood at USD 29.66 on the NYSE on October 16, 2026 at 4:00 p.m. ET, down 0.03 percent versus the October 15, 2026 close.

Third-quarter revenue rose 9.90 percent

Insteel's latest reported quarter delivered stronger sales but lower profitability. Fiscal third-quarter 2026 revenue reached USD 197.66 million, up 9.90 percent from USD 179.90 million a year earlier, while net income fell to USD 9.02 million from USD 15.20 million. Diluted earnings per share came to USD 0.46, down from USD 0.78, and the net profit margin was 5.00 percent versus 8.40 percent.

Business Wire reported the quarter ended June 27, 2026, including net earnings of USD 9.0 million and sales of USD 197.7 million. The comparison shows the central tension in the stock: revenue expanded, while earnings and margin contracted.

52-week range frames the price

Insteel's USD 29.66 price sits 22.86 percent below its USD 38.45 52-week high and 21.81 percent above its USD 24.35 low. The stock was down 1.95 percent over one month, 4.32 percent over three months and 3.89 percent over one year. These levels place the latest quote in the middle of its annual range rather than near either boundary.

Valuation and October 22 results

Market capitalization stood at USD 574.2 million, with a price-to-earnings ratio of 15.95 and a dividend yield of 3.80 percent. Business Wire said fourth-quarter fiscal 2026 results are scheduled for October 22, 2026, at 6:30 a.m. ET, followed by a conference call at 10:00 a.m. ET.

Comparison with peers

Insteel Industries (NYSE, USD): minus 0.03 percent, P/E 15.95, market capitalization USD 574.2 million
Nucor Corporation (NYSE, USD): plus 0.63 percent, P/E 20.44, market capitalization USD 58.1 billion
Steel Dynamics (Nasdaq, USD): minus 0.09 percent, P/E 21.81, market capitalization USD 34.5 billion

NYSE price remains within range

The October 16, 2026 session left Insteel's last quoted price below the analyst target and well above its yearly low. The next dated company event is the fourth-quarter report on October 22, 2026.

Insteel Industries last stood at USD 29.66 on the NYSE on October 16, 2026 at 4:00 p.m. ET, down 0.03 percent versus the October 15, 2026 close.