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Omega Flex (OFLX) Competitors

Omega Flex logo
$42.69 +1.70 (+4.15%)
(As of 12/20/2024 05:16 PM ET)

OFLX vs. PH, ITW, IR, XYL, DOV, SNA, PNR, IEX, GGG, and NDSN

Should you be buying Omega Flex stock or one of its competitors? The main competitors of Omega Flex include Parker-Hannifin (PH), Illinois Tool Works (ITW), Ingersoll Rand (IR), Xylem (XYL), Dover (DOV), Snap-on (SNA), Pentair (PNR), IDEX (IEX), Graco (GGG), and Nordson (NDSN). These companies are all part of the "industrial machinery" industry.

Omega Flex vs.

Parker-Hannifin (NYSE:PH) and Omega Flex (NASDAQ:OFLX) are both industrial products companies, but which is the superior stock? We will compare the two businesses based on the strength of their risk, institutional ownership, media sentiment, community ranking, earnings, dividends, analyst recommendations, valuation and profitability.

Parker-Hannifin pays an annual dividend of $6.52 per share and has a dividend yield of 1.0%. Omega Flex pays an annual dividend of $1.36 per share and has a dividend yield of 3.2%. Parker-Hannifin pays out 29.4% of its earnings in the form of a dividend. Omega Flex pays out 75.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Parker-Hannifin has increased its dividend for 69 consecutive years and Omega Flex has increased its dividend for 7 consecutive years.

Omega Flex has a net margin of 17.71% compared to Parker-Hannifin's net margin of 14.47%. Parker-Hannifin's return on equity of 27.95% beat Omega Flex's return on equity.

Company Net Margins Return on Equity Return on Assets
Parker-Hannifin14.47% 27.95% 11.33%
Omega Flex 17.71%22.68%18.13%

Parker-Hannifin received 534 more outperform votes than Omega Flex when rated by MarketBeat users. However, 68.98% of users gave Omega Flex an outperform vote while only 63.81% of users gave Parker-Hannifin an outperform vote.

CompanyUnderperformOutperform
Parker-HannifinOutperform Votes
723
63.81%
Underperform Votes
410
36.19%
Omega FlexOutperform Votes
189
68.98%
Underperform Votes
85
31.02%

Parker-Hannifin has higher revenue and earnings than Omega Flex. Omega Flex is trading at a lower price-to-earnings ratio than Parker-Hannifin, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Parker-Hannifin$19.99B4.17$2.84B$22.1429.23
Omega Flex$102.86M4.19$20.76M$1.8123.59

Parker-Hannifin currently has a consensus target price of $712.82, suggesting a potential upside of 10.14%. Given Parker-Hannifin's stronger consensus rating and higher probable upside, research analysts clearly believe Parker-Hannifin is more favorable than Omega Flex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Parker-Hannifin
0 Sell rating(s)
2 Hold rating(s)
15 Buy rating(s)
0 Strong Buy rating(s)
2.88
Omega Flex
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

In the previous week, Parker-Hannifin had 7 more articles in the media than Omega Flex. MarketBeat recorded 7 mentions for Parker-Hannifin and 0 mentions for Omega Flex. Parker-Hannifin's average media sentiment score of 1.31 beat Omega Flex's score of 0.00 indicating that Parker-Hannifin is being referred to more favorably in the media.

Company Overall Sentiment
Parker-Hannifin Positive
Omega Flex Neutral

Parker-Hannifin has a beta of 1.43, suggesting that its stock price is 43% more volatile than the S&P 500. Comparatively, Omega Flex has a beta of 0.37, suggesting that its stock price is 63% less volatile than the S&P 500.

82.4% of Parker-Hannifin shares are held by institutional investors. Comparatively, 36.1% of Omega Flex shares are held by institutional investors. 0.4% of Parker-Hannifin shares are held by company insiders. Comparatively, 65.2% of Omega Flex shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Summary

Parker-Hannifin beats Omega Flex on 15 of the 21 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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OFLX vs. The Competition

MetricOmega FlexHeating equipment, except electric & warm air; & plumbing fixtures IndustryIndustrial SectorNASDAQ Exchange
Market Cap$430.74M$5.37B$9.22B$9.07B
Dividend Yield3.01%2.29%2.09%4.22%
P/E Ratio23.5921.6921.0817.19
Price / Sales4.192.094.86116.80
Price / Cash20.9113.6619.2637.86
Price / Book5.4758.284.224.78
Net Income$20.76M$309.83M$398.18M$225.60M
7 Day Performance-5.72%-5.72%-4.86%-1.23%
1 Month Performance-12.41%-6.40%-2.08%3.37%
1 Year Performance-46.42%-27.91%15.23%16.58%

Omega Flex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OFLX
Omega Flex
1.0195 of 5 stars
$42.69
+4.1%
N/A-46.6%$430.74M$102.86M23.59170High Trading Volume
PH
Parker-Hannifin
4.7461 of 5 stars
$674.26
+0.4%
$709.65
+5.2%
+44.0%$86.79B$19.99B30.3861,120Analyst Forecast
Positive News
ITW
Illinois Tool Works
3.721 of 5 stars
$270.69
-0.5%
$267.90
-1.0%
+0.8%$79.93B$15.95B23.5445,000Analyst Forecast
Positive News
IR
Ingersoll Rand
4.4346 of 5 stars
$100.13
-1.0%
$107.67
+7.5%
+23.3%$40.35B$7.16B49.3218,000Positive News
XYL
Xylem
4.9705 of 5 stars
$121.35
+0.6%
$152.20
+25.4%
+6.8%$29.48B$8.42B35.262,300
DOV
Dover
4.7889 of 5 stars
$200.79
-0.1%
$213.91
+6.5%
+25.4%$27.55B$8.47B17.9825,000Analyst Upgrade
SNA
Snap-on
4.5435 of 5 stars
$351.43
-1.0%
$345.40
-1.7%
+21.0%$18.45B$4.71B18.282,700Insider Trade
Positive News
PNR
Pentair
4.6885 of 5 stars
$107.78
+0.6%
$109.38
+1.5%
+44.4%$17.81B$4.10B26.7910,500Dividend Increase
Analyst Revision
Positive News
IEX
IDEX
4.5608 of 5 stars
$224.25
+0.6%
$243.14
+8.4%
+0.1%$16.98B$3.19B34.528,800Positive News
GGG
Graco
3.8268 of 5 stars
$87.89
0.0%
$89.25
+1.5%
-0.3%$14.84B$2.13B31.074,000Analyst Upgrade
Analyst Revision
Positive News
NDSN
Nordson
4.7333 of 5 stars
$225.46
-0.4%
$279.00
+23.7%
-17.8%$12.89B$2.69B27.927,900Dividend Announcement
Analyst Upgrade
Analyst Revision

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This page (NASDAQ:OFLX) was last updated on 12/21/2024 by MarketBeat.com Staff
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