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Friedman Industries Inc (FRD) Stock Forecast & Price Prediction

Live FRD Stock Price & Analysis

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$16.06

+0.76 (4.97%)

12 Month Price Forecast For FRD

$16.06
Current Price
$111.95M
Market Cap
0 Ratings
Buy 0
Hold 0
Sell 0
Wall St Analyst Ratings

Distance to FRD Price Forecasts

N/A
To High Target of $N/A
N/A
To Median Target of $N/A
N/A
To Low Target of $N/A

FRD Price Momentum

+15.0%
1 Week Change
+5.7%
1 Month Change
-1.5%
1 Year Change
+5.0%
Year-to-Date Change
-17.7%
From 52W High of $19.52
+19.9%
From 52W Low of $13.40

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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: February 6, 2025 12:24 AM UTC

FRD Analyst Ratings & Price Targets

Currently, there are no Wall Street analyst price targets or forecasts available for FRD (Friedman Industries).

FRD is currently trading at $16.06. Without active analyst coverage, investors should conduct thorough independent research and consider multiple data points beyond price targets when evaluating this stock for their portfolio.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

FRD Analyst Consensus

0
Buy
0
Hold
0
Sell

FRD Price Target Range

Low
N/A
Average
N/A
High
N/A
Current: $16.06

Latest FRD Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for FRD.

Date Firm Analyst Rating Change Price Target

Stocks Similar to Friedman Industries Inc

The following stocks are similar to Friedman Industries based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Friedman Industries Inc (FRD) Financial Data

Friedman Industries Inc has a market capitalization of $111.95M with a P/E ratio of 14.1x. The company generates $469.52M in trailing twelve-month revenue with a 1.7% profit margin.

Revenue growth is +180.2% quarter-over-quarter, while maintaining an operating margin of +21.6% and return on equity of +6.3%.

Valuation Metrics

Market Cap $111.95M
Enterprise Value $152.18M
P/E Ratio 14.1x
PEG Ratio -0.8x
Price/Sales 0.2x

Growth & Margins

Revenue Growth (YoY) +180.2%
Gross Margin +9.5%
Operating Margin +21.6%
Net Margin +1.7%
EPS Growth -18.3%

Financial Health

Cash/Price Ratio +2.2%
Current Ratio 4.1x
Debt/Equity 0.0x
ROE +6.3%
ROA +3.2%

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Friedman Industries Inc logo

Friedman Industries Inc (FRD) Company Overview

About Friedman Industries Inc

What They Do

Manufactures and processes steel products.

Business Model

The company operates through two segments: Flat-Roll Products and Tubular Products. It generates revenue by converting steel coils into flat sheet and plate steel, selling steel coils, and offering processing and storage services for customer-owned coils. The Tubular Products segment manufactures various pipes and sells them primarily to distributors.

Additional Information

Incorporated in 1965, Friedman Industries is headquartered in Longview, Texas, and serves a diverse clientele in the steel manufacturing sector, including those involved in producing steel buildings, railroad cars, and other fabricated products.

Company Information

Sector

Basic Materials

Industry

Steel

Employees

268

CEO

Mr. Michael J. Taylor

Country

United States

IPO Year

1992

Friedman Industries Inc (FRD) Latest News & Analysis

FRD stock latest news image
Quick Summary

Positive trends for commodities are expected to persist into 2025, driven by regional conflicts, highlighting junior commodity companies in stable areas for potential investment.

Why It Matters

Rising commodity trends and geopolitical instability may drive demand for junior companies in secure areas, potentially leading to investment opportunities and increased valuations.

Source: Benzinga
Market Sentiment: Positive
FRD stock latest news image
Quick Summary

Friedman Industries, Inc. declared a $0.04 cash dividend per share, payable on February 14, 2025, with a record date of January 17, 2025. This is the 212th consecutive quarterly dividend since 1972.

Why It Matters

Friedman Industries' consistent dividend payment signals financial stability and shareholder value, attracting income-focused investors and potentially boosting stock demand.

Source: GlobeNewsWire
Market Sentiment: Neutral
FRD stock latest news image
Quick Summary

Friedman Industries reported a 2Q24 operational loss due to flat HRC prices and 8% lower processing volumes. Gross margins were 4.5%, indicating unprofitability at current production levels.

Why It Matters

Friedman Industries' unprofitability and declining volumes signal operational challenges, raising concerns over future profitability and potential cash flow issues for investors.

Source: Seeking Alpha
Market Sentiment: Positive
FRD stock latest news image
Quick Summary

FRD reports declining sales and demand in Q2 fiscal 2025, which is negatively affecting its stock price.

Why It Matters

Declining sales and demand in FRD's Q2 fiscal 2025 indicate potential revenue issues, likely leading to a decrease in stock price and affecting investor confidence.

Source: Zacks Investment Research
Market Sentiment: Negative
FRD stock latest news image
Quick Summary

Friedman Industries, Inc. (NYSE: FRD) reported its second fiscal quarter results for the period ending September 30, 2024, on November 12, 2024. Further details on performance are pending.

Why It Matters

Friedman Industries' quarterly results can impact stock performance, influence investor sentiment, and affect forecasts, potentially leading to price volatility in FRD shares.

Source: GlobeNewsWire
Market Sentiment: Neutral
FRD stock latest news image
Quick Summary

The stock market is often perceived as infallible, but it is important for investors to remember that no investment is without risk or imperfection.

Why It Matters

The excerpt suggests an unrealistic expectation of perfection in stock market performance, signaling potential volatility and the need for cautious investment strategies.

Source: Benzinga
Market Sentiment: Positive

Frequently Asked Questions About FRD Stock

What is Friedman Industries Inc's (FRD) stock forecast for 2025?

Analyst forecasts for Friedman Industries Inc (FRD) are not currently available. The stock is trading at $16.06.

Is FRD stock a good investment in 2025?

Analyst ratings for FRD are not currently available. The stock is currently trading at $16.06. Investment decisions should be based on thorough research and your personal financial goals. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for FRD stock?

Price predictions from Wall Street analysts for FRD are not currently available. The stock is trading at $16.06.

What is Friedman Industries Inc's business model?

The company operates through two segments: Flat-Roll Products and Tubular Products. It generates revenue by converting steel coils into flat sheet and plate steel, selling steel coils, and offering processing and storage services for customer-owned coils. The Tubular Products segment manufactures various pipes and sells them primarily to distributors.

What is the highest forecasted price for FRD Friedman Industries Inc?

Price targets from Wall Street analysts for FRD are not currently available. The stock is trading at $16.06.

What is the lowest forecasted price for FRD Friedman Industries Inc?

Price targets from Wall Street analysts for FRD are not currently available. The stock is trading at $16.06.

What is the overall FRD consensus from analysts for Friedman Industries Inc?

Analyst ratings for FRD are not currently available. The stock is trading at $16.06.

How accurate are FRD stock price projections?

Stock price projections, including those for Friedman Industries Inc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.