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Friedman Industries (FRD): analyst forecast and price target

$40.48 −1.89% close 16.10.26 · market cap $298M · Basicmaterials · Steel IWM 0.01%
Price targets and ratings of

Analyst consensus

0 Buy0 Hold0 Sell

Ratings of 0 analysts in the last 3 months

12-month forecast

—— upside

Based on 0 price targets given in the last 3 months, the average target is —, the highest —, the lowest —. The average is — from the last price of $40.48.

$20.00$30.00$40.00Jan 26AprJulOctJan 27AprJulOct
Highest target — Average target — Lowest target —
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY

Every rating the collector has kept for the last 12 months, including the earlier ones of the same analyst. Latest of each analyst

Best analysts covering Friedman Industries

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Google Steel★★★★★★★★★★TipRanks - Google · #4545
Hits 58%36 of 62 Average return +5.1%
1 year Google Steel★★★★★★★★★★TipRanks - Google · #4545
Hits 58%36 of 62 Average return +5.1%
2 years Google Steel★★★★★★★★★★TipRanks - Google · #4545
Hits 58%36 of 62 Average return +5.1%

Most profitable

3 months Google Steel★★★★★★★★★★TipRanks - Google · #4545
Hits 58%36 of 62 Average return +5.1%
1 year Google Steel★★★★★★★★★★TipRanks - Google · #4545
Hits 58%36 of 62 Average return +5.1%
2 years Google Steel★★★★★★★★★★TipRanks - Google · #4545
Hits 58%36 of 62 Average return +5.1%

Recommendation trend

00001Oct 25NovDecJan 26FebMarAprMayJunJulAugSepOct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy000000
Buy000000
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Best top-analyst consensus in the sector · Basicmaterials

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About Friedman Industries

Friedman Industries, Inc. (FRD) is a U.S.-based company primarily involved in the processing and manufacturing of steel and pipe, as well as their distribution. The firm operates through two distinct divisions: Coil and Tubular. The Coil segment specializes in converting steel coils into flat sheet and plate steel, cut precisely to client specifications. It also resells steel coils and offers processing services for materials owned by customers, for which it charges a fee. This division serves approximately 230 customers, predominantly located in the central and southern United States, including steel distributors and manufacturers. These manufacturers utilize the steel to produce a wide array of products, such as steel buildings, railway carriages, barges, storage tanks, shipping containers, trailers, various component parts, and other fabricated steel goods. Meanwhile, the Tubular segment is dedicated to producing different types of pipes, including those for line applications, oil country purposes (OCTG), and structural uses. This segment's products are primarily sold to steel and pipe distributors through Friedman Industries' internal sales force. Friedman Industries, Incorporated was founded in 1965 and is headquartered in Longview, Texas.

Data from the stock’s TipRanks forecast page, read 121 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗