Yahoo! FinanceHome - Yahoo! - Help

Market Guide

[ Stock Screener | Company & Fund Index | Financial Glossary ]

Profile - Friedman Industries (AMEX:FRD)
As of 31-Aug-2001
Enter symbol:
symbol lookup

 
More Info: Quote | Chart | News | Profile | SEC | Msgs | Insider | Financials
Recent Events
Aug 24Dividend payment of $0.04
Location
4001 Homestead Road
Houston, TX 77028
Phone: (713) 672-9433
Fax: (800) 486-7896
Employees (last reported count): 155
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Capital Goods
 ·Industry: Constr. - Supplies & Fixtures
Company Website
 ·Home Page

 ·Search Yahoo! for related links...

Ownership
·Insider and 5%+ Owners: 48%
·Institutional: 11% (22% of float)
(19 institutions)
·Net Inst. Selling: 158.0K shares (+22.19%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
Friedman Industries, Incorporated, is in the steel processing and distribution business. The Company has two product groups: coil processing and tubular products. For coil processing, the Company purchases domestic and foreign hot-rolled steel coils, processes the coils into steel sheet and plate and sells these products on a wholesale, rapid-delivery basis in competition with steel mills, importers and steel service centers. The Company also processes customer-owned coils on a fee basis. Through its Texas Tubular Products operation in Lone Star, Texas, the Company purchases, processes, manufactures and markets tubular products.
More from Market Guide: Expanded Business Description

Financial Summary
FRD, a steel processing company, operates within two product groups, coil processing (processes steel coils into finished sheets and plates) and tubular products (markets and processes pipes). For the three months ended 6/30/01, revenues fell 14% to $27.9 million. Net income fell 45% to $440 thousand. Revenues reflect the softening market condition for the coil operation and decreased prices. Earnings also reflect lower invested cash positions.
More from Market Guide: Significant Developments

Officers[Insider Trade Data]
FY2000 Compensation
PayExer

Jack Friedman, 79
Chairman, CEO
$180K--  
William Crow, 53
Pres, COO
180K--  
Harold Friedman, 70
Vice Chairman
191K--  
Benny Harper, 54
Sr. VP of Fin., Treasurer, Sec.
157K$6.9K
Thomas Thompson, 49
Sr. VP of Sales, Marketing
157K--  
Dollar amounts are as of 31-Mar-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year.
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- AMEX:FRDAs of 31-Aug-2001
Price and Volume
52-Week Low
on 9-Apr-2001
$2.66 
Recent Price$2.80 
52-Week High
on 18-Sep-2000
$4.25 
Beta0.97 
Daily Volume (3-month avg)2,727 
Daily Volume (10-day avg)3,000 
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y | 5y | max]
52-Week Change-26.6%
52-Week Change
relative to S&P500
-1.5%
Share-Related Items
Market Capitalization$21.2M
Shares Outstanding7.57M
Float3.90M
Dividends & Splits
Annual Dividend (indicated)$0.16 
Dividend Yield5.71%
Last Split: 21 for 20 on 26-Apr-2000
Per-Share Data
Book Value (mrq)$4.03 
Earnings (ttm)$0.34 
Earnings (mrq)$0.06 
Sales (ttm)$15.32 
Cash (mrq)$0.04 
Valuation Ratios
Price/Book (mrq)0.69 
Price/Earnings (ttm)8.26 
Price/Sales (ttm)0.18 
Income Statements
Sales (ttm)$116.0M
EBITDA (ttm)$5.31M
Income available to common (ttm)$2.56M
Profitability
Profit Margin (ttm)2.2%
Operating Margin (ttm)3.2%
Fiscal Year
Fiscal Year EndsMar 31
Most recent quarter30-June-2001
Management Effectiveness
Return on Assets (ttm)5.59%
Return on Equity (ttm)8.57%
Financial Strength
Current Ratio (mrq)4.70 
Debt/Equity (mrq)0.18 
Total Cash (mrq)$321.0K
Short Interest
As of 8-Aug-2001
Shares Short0 
Shares Short
(Prior Month)
0 
Daily Volume4,000 
See Profile Help for a description of each item above;   K = thousands;   M = millions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-2001)

Market Guide offers more in-depth Company Research, Stock Screening, and Hottest Stocks and Industries on over 10,000 U.S. Equities.


Copyright © 2001 Yahoo! Inc. All Rights Reserved. Privacy Policy - Terms of Service
Company information Copyright Market Guide. Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). Data and information is provided for informational purposes only, and is not intended for trading purposes. Neither Yahoo nor any of its data or content providers (such as Market Guide, CSI, etc.) shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon.