Omega Flex (OFLX) Stock Price, News & Analysis

Company Overview

Omega Flex, Inc., together with its subsidiaries, manufactures and sells flexible metal hoses and accessories in North America and internationally. It offers flexible gas piping for use in residential and commercial buildings; fittings; containment pining; and corrugated medical tubing for use in hospitals, ambulatory care centers, dental, physician and veterinary clinics, laboratories, and other facilities. The company sells its products under the TracPipe, CounterStrike, AutoSnap, AutoFlare, DoubleTrac, DEF-Trac, and MediTrac brand names. It serves various markets, including construction, manufacturing, transportation, petrochemical, pharmaceutical, and other industries. The company sells its products through independent sales representatives, distributors, fabricating distributors, wholesalers, original equipment manufacturers, and direct sales, as well as through its website. The company was formerly known as Tofle America, Inc. and changed its name to Omega Flex, Inc. in 1996. Omega Flex, Inc. was incorporated in 1975 and is based in Exton, Pennsylvania.

Key Stats

• Today's Range: $49.20 to $50.80
• 50-Day Range: $47.99 to $56.53
• 52-Week Range: $43.86 to $85.92
• Volume: 19,125 shs
• Average Volume: 20,638 shs
• Market Capitalization: N/A
• P/E Ratio: 27.88
• Dividend Yield: 2.70%
• Price Target: N/A
• Consensus Rating: N/A

OFLX Stock Analysis - Frequently Asked Questions

How have OFLX shares performed this year?

Omega Flex's stock was trading at $70.51 at the beginning of 2024. Since then, OFLX stock has decreased by 28.4% and is now trading at $50.46.
View the best growth stocks for 2024 here.

How were Omega Flex's earnings last quarter?

Omega Flex, Inc. (NASDAQ:OFLX) posted its earnings results on Thursday, April, 16th. The industrial products company reported $0.43 EPS for the quarter. The industrial products company earned $25.27 million during the quarter. Omega Flex had a net margin of 17.71% and a trailing twelve-month return on equity of 22.68%.

Who are Omega Flex's major shareholders?

Top institutional shareholders of Omega Flex include Geode Capital Management LLC, State Street Corp, Charles Schwab Investment Management Inc. (0.28%) and Townsquare Capital LLC. Insiders that own company stock include Mark F Albino and Stewart B Reed.
View institutional ownership trends.

How do I buy shares of Omega Flex?

Shares of OFLX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of Omega Flex own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Omega Flex investors own include Tesla (TSLA), JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), Advanced Micro Devices (AMD), Meta Platforms (META), Netflix (NFLX) and Home Depot (HD).

Company Calendar

• Last Earnings: 4/16/2020
• Ex-Dividend for 10/8 Dividend: 9/26/2024
• Dividend Payable: 10/08/2024
• Today: 11/23/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/05/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrial Products
• Industry: Heating equipment, except electric & warm air; & plumbing fixtures
• Sub-Industry: Industrial Machinery
• Current Symbol: NASDAQ:OFLX
• CUSIP: 68209510
• CIK: 1317945
• Web: www.omegaflexcorp.com
• Phone: (610) 524-7272
• Fax: 610-524-7282
• Employees: 170
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $1.81
• Trailing P/E Ratio: 27.88
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $20.76 million
• Net Margins: 17.71%
• Pretax Margin: 23.50%
• Return on Equity: 22.68%
• Return on Assets: 18.13%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 5.39
• Quick Ratio: 4.32

Sales & Book Value

• Annual Sales: $111.46 million
• Price / Sales: N/A
• Cash Flow: $2.17 per share
• Price / Cash Flow: 23.28
• Book Value: $7.81 per share
• Price / Book: 6.46

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: 0.39