FRD: Friedman Industries, Incorporated - Summary | Jitta

Friedman Industries, Incorporated

NASDAQ:FRD

Price
$24.38
Loss Chance
50.8%
3.40JITTA SCORE
81.08%Over Jitta Line
Jitta Ranking
87 / 178
1,928 / 4,216
Grow your money with Jitta Ranking. See details.
HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (49)
Recent Business Performance (84)
Financial Strength (62)
Return to Shareholders (47)
Competitive Advantage (39)
Jitta Signs
Dividend PayoutIncreasing Every Year
Revenue and EarningEarning loss detected in 2020
Operating MarginDeclined
Recent Business PerformanceEarning decline 65.68% in the last year
SG&A to SalesIncreasing
Key Stats
Jitta Score
Jitta Line
3.40
81.08%
3.87
210.57%
Steel
5.65
73.12%
4.58
41.52%
3.17
335.64%
COMPANY DESCRIPTION
Friedman Industries, Incorporated engages in the manufacture and processing of steel products in the United States. It operates in two segments, Flat-Roll Products and Tubular Products. The Flat-Roll Product segment is involved in the operation of hot-rolled coil processing facilities to cut the coils into sheets and plates, as well as the provision of process and storage services for customer-owned coils on a fee basis. The Tubular Product segment manufactures line and oil country pipes, as well as pipes for structural applications. It serves customers manufacturing steel products, and steel and pipe distributors. The company was incorporated in 1965 and is headquartered in Longview, Texas.