FRD stock forecast
Our latest prediction for Friedman Industries, Inc.'s stock price was made on the March 3, 2020 when the stock price was at 5.65$.
In the short term (2weeks), FRD's stock price should outperform the market by 0.19%. During that period the price should oscillate between -5.57% and +5.91%.
In the medium term (3months), FRD's stock price should underperform the market by -5.16%. During that period the price should oscillate between -17.86% and +19.08%.
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About Friedman Industries, Inc.
Friedman Industries, Inc. engages in the provision of manufacture and trade of steel products. It operates through the Coil, and Tubular segments. The Coil segment produces and markets hot-rolled steel and coils. The Tubular segment focuses on the operation of two electric resistance welded pipe mills with a combined outside diameter. The company was founded by Mendel Friedman in 1965 and is headquartered in Longview, TX.
At the moment the company generates 151M USD in revenues.
On its last earning announcement, the company reported a loss of -0.48$ per share.
The book value per share is 10.28$
Three months stock forecastMarch 3, 2020
Financials
| Revenue USD | Gross Margin | Operating Income | Operating Margin | Net Income | Earnings Per Share | Dividends | Payout Ratio | Shares | Book Value Per Share | Operating Cash Flow | Cap Spending | Free Cash Flow |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 151M | 1.00% | -3M | -2.00% | -3M | -0.48 | 0.16 | 5.80% | 7M | 10.28 | 24M | -3M | 21M |