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NASDAQ:OFLX

Omega Flex (OFLX) Stock Price, News & Analysis

Omega Flex logo
$39.36 -0.57 (-1.43%)
Closing price 01/31/2025 04:00 PM Eastern
Extended Trading
$39.36 0.00 (0.00%)
As of 01/31/2025 05:30 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Omega Flex Stock (NASDAQ:OFLX)

Key Stats

Today's Range
$38.71
$39.66
50-Day Range
$38.17
$50.46
52-Week Range
$37.27
$75.28
Volume
13,831 shs
Average Volume
17,072 shs
Market Capitalization
$397.14 million
P/E Ratio
21.75
Dividend Yield
3.46%
Price Target
N/A
Consensus Rating
N/A

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.

Omega Flex Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
30th Percentile Overall Score

OFLX MarketRank™: 

Omega Flex scored higher than 30% of companies evaluated by MarketBeat, and ranked 146th out of 179 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Omega Flex.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Omega Flex is 21.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 102.96.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Omega Flex is 21.75, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 17.75.

  • Price to Book Value per Share Ratio

    Omega Flex has a P/B Ratio of 5.04. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Omega Flex's valuation and earnings.
  • Percentage of Shares Shorted

    1.47% of the float of Omega Flex has been sold short.
  • Short Interest Ratio / Days to Cover

    Omega Flex has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Omega Flex has recently increased by 14.41%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Omega Flex pays a meaningful dividend of 3.36%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Omega Flex does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Omega Flex is 75.14%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Read more about Omega Flex's dividend.
  • Percentage of Shares Shorted

    1.47% of the float of Omega Flex has been sold short.
  • Short Interest Ratio / Days to Cover

    Omega Flex has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Omega Flex has recently increased by 14.41%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Omega Flex has a news sentiment score of 0.93. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Industrial Products companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Omega Flex this week, compared to 1 article on an average week.
  • Search Interest

    1 people have searched for OFLX on MarketBeat in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Omega Flex insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    65.20% of the stock of Omega Flex is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 36.06% of the stock of Omega Flex is held by institutions.

  • Read more about Omega Flex's insider trading history.
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OFLX Stock News Headlines

3 US Dividend Stocks To Consider With Up To 7.2% Yield
Is this Elon’s true agenda?
All 10 of the world's biggest money managers follow my work, and the Pentagon, the FBI and Harvard professors have all turned to my business partner and I for our thoughts on the market. And with every investor in America wondering what Elon is going to do now that he's in Washington, this is what we tell them
A Look At The Fair Value Of Omega Flex, Inc. (NASDAQ:OFLX)
Omega Flex, Inc. Announces Third Quarter 2024 Earnings
See More Headlines

OFLX Stock Analysis - Frequently Asked Questions

Omega Flex's stock was trading at $41.97 at the beginning of 2025. Since then, OFLX stock has decreased by 6.2% and is now trading at $39.36.
View the best growth stocks for 2025 here
.

Omega Flex, Inc. (NASDAQ:OFLX) posted its quarterly earnings results on Wednesday, October, 30th. The industrial products company reported $0.46 earnings per share (EPS) for the quarter. The industrial products company had revenue of $24.88 million for the quarter. Omega Flex had a trailing twelve-month return on equity of 22.68% and a net margin of 17.71%.

Top institutional shareholders of Omega Flex include Inspire Investing LLC, Exchange Traded Concepts LLC (0.07%) and Rhumbline Advisers (0.05%). Insiders that own company stock include Mark F Albino and Stewart B Reed.
View institutional ownership trends
.

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.

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
10/30/2024
Ex-Dividend for 1/7 Dividend
12/19/2024
Dividend Payable
1/07/2025
Today
2/01/2025
Next Earnings (Estimated)
3/05/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Industry
Heating equipment, except electric & warm air; & plumbing fixtures
Sub-Industry
Industrial Machinery
Current Symbol
NASDAQ:OFLX
CUSIP
68209510
Employees
170
Year Founded
N/A

Profitability

Net Income
$20.76 million
Pretax Margin
23.50%

Debt

Sales & Book Value

Annual Sales
$111.46 million
Cash Flow
$2.10 per share
Book Value
$7.81 per share

Miscellaneous

Free Float
3,513,000
Market Cap
$397.14 million
Optionable
Not Optionable
Beta
0.39

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This page (NASDAQ:OFLX) was last updated on 2/1/2025 by MarketBeat.com Staff
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