OFLX vs. TNC, CMCO, GRC, TRS, HY, PRLB, ERII, GHM, FSTR, and PLL
Should you be buying Omega Flex stock or one of its competitors? The main competitors of Omega Flex include Tennant (TNC), Columbus McKinnon (CMCO), Gorman-Rupp (GRC), TriMas (TRS), Hyster-Yale Materials Handling (HY), Proto Labs (PRLB), Energy Recovery (ERII), Graham (GHM), L.B. Foster (FSTR), and Piedmont Lithium (PLL). These companies are all part of the "industrial machinery" industry.
Omega Flex vs.
Tennant (NYSE:TNC) and Omega Flex (NASDAQ:OFLX) are both industrial products companies, but which is the better stock? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, dividends, valuation, community ranking, risk, media sentiment, profitability and institutional ownership.
Tennant pays an annual dividend of $1.18 per share and has a dividend yield of 1.4%. Omega Flex pays an annual dividend of $1.36 per share and has a dividend yield of 3.3%. Tennant pays out 20.8% 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. Tennant has increased its dividend for 53 consecutive years and Omega Flex has increased its dividend for 7 consecutive years.
Tennant has a beta of 1.01, suggesting that its share price is 1% more volatile than the S&P 500. Comparatively, Omega Flex has a beta of 0.39, suggesting that its share price is 61% less volatile than the S&P 500.
Tennant has higher revenue and earnings than Omega Flex. Tennant is trading at a lower price-to-earnings ratio than Omega Flex, indicating that it is currently the more affordable of the two stocks.
In the previous week, Tennant had 5 more articles in the media than Omega Flex. MarketBeat recorded 5 mentions for Tennant and 0 mentions for Omega Flex. Tennant's average media sentiment score of 0.93 beat Omega Flex's score of 0.53 indicating that Tennant is being referred to more favorably in the media.
Tennant received 145 more outperform votes than Omega Flex when rated by MarketBeat users. However, 68.98% of users gave Omega Flex an outperform vote while only 62.66% of users gave Tennant an outperform vote.
Omega Flex has a net margin of 17.71% compared to Tennant's net margin of 8.52%. Omega Flex's return on equity of 22.68% beat Tennant's return on equity.
93.3% of Tennant shares are held by institutional investors. Comparatively, 36.1% of Omega Flex shares are held by institutional investors. 2.4% of Tennant 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 hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Tennant presently has a consensus price target of $125.00, suggesting a potential upside of 46.94%. Given Tennant's stronger consensus rating and higher probable upside, equities analysts plainly believe Tennant is more favorable than Omega Flex.
Summary
Tennant beats Omega Flex on 13 of the 20 factors compared between the two stocks.
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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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This page (NASDAQ:OFLX) was last updated on 1/21/2025 by MarketBeat.com Staff