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Friedman Inds Stock Price, News & Analysis

FRD NASDAQ

Company Description

Overview

Friedman Industries Inc (FRD) is a well-established entity in the industrial manufacturing and processing sector, specializing in a wide range of steel products. With its headquarters in Blytheville, Arkansas, the company has built a reputation for excellence in steel fabrication, consistently addressing critical market needs with its innovative production processes and service offerings. Emphasizing high operational efficiency and quality assurance, Friedman Industries serves diverse industrial markets with solutions that are both reliable and technically advanced. The company operates primarily within the realms of steel processing and metal fabrication, leveraging cutting-edge technology and expert craftsmanship to advance its manufacturing capabilities.

Core Business Segments

The company is organized into two distinct operating segments, each focusing on specialized steel products and services:

  • Flat-Roll Products: This segment constitutes the core of Friedman Industries' operational strength. The flat-roll division is dedicated to producing high-quality steel products that are used in a variety of applications, ranging from automotive components to construction materials. The process involves advanced metal processing techniques that ensure dimensional precision and superior finish quality, positioning the company as a critical supplier in the competitive steel market.
  • Tubular Products: Complementing the flat-roll operations, this division focuses on tubular steel products. These offerings include components that are integral to industrial pipelines and structural supports, underscoring the company's ability to meet diverse industrial requirements with tailored engineering solutions.

Products and Services

Friedman Industries offers an array of services that span the complete value chain of steel manufacturing and processing. Key product categories include:

  • Temper Pass: A specialized service ensuring that steel achieves the desired mechanical properties through controlled thermal treatment processes.
  • Cut-To-Length: Precision cutting services that provide clients with steel products tailored to their specific dimensional requirements.
  • Whole Coils: The supply of complete coil products which serve as a raw material input for further downstream processing in various industries.
  • Toll Processing: A service offering that involves further processing of steel on behalf of third-party clients, highlighting the company’s capacity to deliver value-added manufacturing solutions.
  • Electric Resistance Welded Pipe (ERW): Production of high-integrity welded pipes using advanced electric resistance welding techniques, ensuring robust and reliable products suitable for industrial applications.
  • New Mill Secondary: Innovative manufacturing processes that utilize state-of-the-art production lines to enhance product performance and reliability.
  • Pipe Finishing Services: Finishing solutions that refine and optimize pipe products, ensuring that they meet the stringent quality standards demanded by industrial clients.

Operational Excellence and Market Position

Friedman Industries distinguishes itself through its commitment to operational excellence and precision in steel processing. The company meticulously manages each phase of production—from initial raw material selection and thermal processing to cutting and finishing—ensuring that every product meets rigorous quality control standards. This approach not only bolsters its reputation within the steel industry but also provides clients with dependable and consistent outcomes.

In an industry characterized by intense competition and rapid technological advancements, Friedman Industries leverages its deep technical expertise and robust manufacturing processes to maintain a competitive edge. Its ability to integrate diverse service offerings under one operational umbrella allows it to cater to a broad spectrum of industrial needs, thereby securing its position as a trusted partner in steel manufacturing and processing.

Industry Dynamics and Strategic Operations

The landscape in which Friedman Industries operates is marked by complexities inherent to the global steel market, including fluctuating raw material costs, evolving regulatory environments, and dynamic customer expectations. The company navigates these challenges through a focus on process innovation and continual improvement in its manufacturing capabilities. By harnessing advanced processing technologies and fostering a culture of quality and precision, Friedman Industries not only meets current market demands but also exemplifies the rigor required for sustained industrial production in a competitive environment.

Furthermore, the integration of comprehensive toll processing services and advanced finishing techniques illustrates the company’s commitment to offering complete, end-to-end solutions. This strategic integration of processes positions Friedman Industries as a versatile manufacturer capable of addressing both standard and specialized industrial applications.

Expertise and Authoritativeness in the Steel Sector

Friedman Industries exemplifies credible expertise in steel manufacturing. The clear delineation between its flat-roll and tubular segments, along with a diversified portfolio of product categories, underscores its methodical approach to tackling the challenges posed by modern industrial manufacturing. Detailed attention to operational nuances—from temper pass treatments to electric resistance welding—demonstrates a high-level understanding of both the technical and practical aspects of steel processing.

For industry analysts and investors seeking to understand the company, Friedman Industries presents a well-rounded picture of an established manufacturer that prioritizes technical excellence, precision, and customer-centric service delivery. Its comprehensive approach to production and processing reflects deep operational insights and a commitment to upholding high industry standards, thereby reinforcing trust and authority in its market segment.

Conclusion

Through its specialized focus on flat-roll and tubular products, and an array of value-added steel processing services, Friedman Industries continues to solidify its role as a reliable and technically adept player in the industrial manufacturing sector. The company’s operational methodologies, strategic integration across various production stages, and commitment to quality and precision make it a compelling subject for those interested in the inner workings of steel processing and industrial manufacturing dynamics.

Stock Performance

$—
0.00%
0.00
Last updated:
-11.55 %
Performance 1 year
$119.0M
Market Cap
7.0M
Shares outstanding

SEC Filings

No SEC filings available for Friedman Inds.

Financial Highlights

$94,074,000
Revenue (TTM)
-$1,152,000
Net Income (TTM)
-$0.17
Diluted EPS (TTM)
$2,699,000
Operating Cash Flow
-1.22%
Net Profit Margin
-1.26%
Oper. Profit Margin

Upcoming Events

May 23, 2025
Dividend payment

Frequently Asked Questions

What is the current stock price of Friedman Inds (FRD)?

The current stock price of Friedman Inds (FRD) is $17.15 as of April 25, 2025.

What is the market cap of Friedman Inds (FRD)?

The market cap of Friedman Inds (FRD) is approximately 119.0M.

What is the revenue (TTM) of Friedman Inds (FRD) stock?

The trailing twelve months (TTM) revenue of Friedman Inds (FRD) is $94,074,000.

What is the net income of Friedman Inds (FRD)?

The trailing twelve months (TTM) net income of Friedman Inds (FRD) is -$1,152,000.

What is the earnings per share (EPS) of Friedman Inds (FRD)?

The diluted earnings per share (EPS) of Friedman Inds (FRD) is -$0.17 on a trailing twelve months (TTM) basis.

What is the operating cash flow of Friedman Inds (FRD)?

The operating cash flow of Friedman Inds (FRD) is $2,699,000.

What is the profit margin of Friedman Inds (FRD)?

The net profit margin of Friedman Inds (FRD) is -1.22%.

What is the operating margin of Friedman Inds (FRD)?

The operating profit margin of Friedman Inds (FRD) is -1.26%.

What is the current ratio of Friedman Inds (FRD)?

The current ratio of Friedman Inds (FRD) is 3.53, indicating the company's ability to pay short-term obligations.

What is the operating income of Friedman Inds (FRD)?

The operating income of Friedman Inds (FRD) is -$1,187,000.

What are the primary business segments of Friedman Industries?

Friedman Industries is organized into two main segments: flat-roll products, which account for the majority of its operations, and tubular products. Each segment is tailored to meet specific industrial needs with a focus on high-quality steel processing.

How does Friedman Industries generate its revenue?

The company's revenue is primarily generated through the sale and processing of high-quality steel products, with a strong emphasis on flat-roll production. Additionally, it provides toll processing services that add significant value to its operations.

What types of products and services does Friedman Industries offer?

The company offers a variety of products and services including Temper Pass treatments, Cut-To-Length services, whole coil supplies, toll processing, electric resistance welded piping, new mill secondary processing, and pipe finishing services.

Where is Friedman Industries located?

Friedman Industries is headquartered in Blytheville, Arkansas, and operates within a robust network of manufacturing facilities that enable it to serve diverse industrial markets.

How does the company differentiate its flat-roll and tubular product segments?

Friedman Industries maintains distinct processes and quality controls for its flat-roll and tubular segments. While flat-roll products focus on precision cutting and processing for broad applications, tubular products emphasize the production of welded and structurally robust components.

What operational strengths contribute to Friedman Industries' market position?

The company’s commitment to operational excellence, advanced processing technologies, and quality assurance protocols plays a critical role in its market standing. Its diversified product portfolio and integrated service offerings further bolster its competitive position.

How does Friedman Industries compare with its competitors in the steel manufacturing industry?

Friedman Industries differentiates itself through specialized service offerings and precise manufacturing processes. Its balanced approach to both flat-roll and tubular operations, along with value-added services like toll processing and finishing, provide it with a distinctive edge in the competitive landscape.