OFLX vs. B, KMT, SXI, TNC, HY, CMCO, TRS, GRC, PRLB, and ERII
Should you be buying Omega Flex stock or one of its competitors? The main competitors of Omega Flex include Barnes Group (B), Kennametal (KMT), Standex International (SXI), Tennant (TNC), Hyster-Yale Materials Handling (HY), Columbus McKinnon (CMCO), TriMas (TRS), Gorman-Rupp (GRC), Proto Labs (PRLB), and Energy Recovery (ERII). These companies are all part of the "industrial machinery" industry.
Barnes Group (NYSE:B) and Omega Flex (NASDAQ:OFLX) are both small-cap industrial products companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, risk, analyst recommendations, earnings, valuation, profitability, community ranking, media sentiment and dividends.
Barnes Group currently has a consensus price target of $40.67, indicating a potential upside of 5.60%. Given Omega Flex's higher probable upside, analysts plainly believe Barnes Group is more favorable than Omega Flex.
Barnes Group pays an annual dividend of $0.64 per share and has a dividend yield of 1.7%. Omega Flex pays an annual dividend of $1.32 per share and has a dividend yield of 2.2%. Barnes Group pays out 711.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Omega Flex pays out 69.5% of its earnings in the form of a dividend. Omega Flex has raised its dividend for 6 consecutive years. Omega Flex is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
90.8% of Barnes Group shares are owned by institutional investors. Comparatively, 36.1% of Omega Flex shares are owned by institutional investors. 5.2% of Barnes Group shares are owned by insiders. Comparatively, 65.2% of Omega Flex shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Omega Flex has lower revenue, but higher earnings than Barnes Group. Omega Flex is trading at a lower price-to-earnings ratio than Barnes Group, indicating that it is currently the more affordable of the two stocks.
Barnes Group has a beta of 1.37, meaning that its stock price is 37% more volatile than the S&P 500. Comparatively, Omega Flex has a beta of 0.37, meaning that its stock price is 63% less volatile than the S&P 500.
In the previous week, Omega Flex had 1 more articles in the media than Barnes Group. MarketBeat recorded 6 mentions for Omega Flex and 5 mentions for Barnes Group. Barnes Group's average media sentiment score of 0.78 beat Omega Flex's score of 0.49 indicating that Omega Flex is being referred to more favorably in the news media.
Barnes Group received 193 more outperform votes than Omega Flex when rated by MarketBeat users. However, 69.26% of users gave Omega Flex an outperform vote while only 59.19% of users gave Barnes Group an outperform vote.
Omega Flex has a net margin of 18.03% compared to Omega Flex's net margin of 0.31%. Barnes Group's return on equity of 24.76% beat Omega Flex's return on equity.
Summary
Omega Flex beats Barnes Group on 13 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding OFLX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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