OFLX vs. IIIN, KRNT, CECO, PRLB, DXPE, KRT, TWI, MYE, EBF, and ITRN
Should you be buying Omega Flex stock or one of its competitors? The main competitors of Omega Flex include Insteel Industries (IIIN), Kornit Digital (KRNT), CECO Environmental (CECO), Proto Labs (PRLB), DXP Enterprises (DXPE), Karat Packaging (KRT), Titan International (TWI), Myers Industries (MYE), Ennis (EBF), and Ituran Location and Control (ITRN). These companies are all part of the "industrial products" sector.
Insteel Industries (NASDAQ:IIIN) and Omega Flex (NASDAQ:OFLX) are both small-cap industrial products companies, but which is the superior business? We will compare the two companies based on the strength of their profitability, community ranking, earnings, analyst recommendations, risk, valuation, dividends, media sentiment and institutional ownership.
Insteel Industries received 17 more outperform votes than Omega Flex when rated by MarketBeat users. However, 69.26% of users gave Omega Flex an outperform vote while only 62.01% of users gave Insteel Industries an outperform vote.
Insteel Industries pays an annual dividend of $0.12 per share and has a dividend yield of 0.4%. Omega Flex pays an annual dividend of $1.32 per share and has a dividend yield of 2.0%. Insteel Industries pays out 9.7% of its earnings in the form of a dividend. Omega Flex pays out 69.5% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Omega Flex has raised its dividend for 3 consecutive years. Omega Flex is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Omega Flex has a net margin of 18.03% compared to Omega Flex's net margin of 4.24%. Insteel Industries' return on equity of 24.97% beat Omega Flex's return on equity.
Insteel Industries has a beta of 1.18, meaning that its share price is 18% more volatile than the S&P 500. Comparatively, Omega Flex has a beta of 0.37, meaning that its share price is 63% less volatile than the S&P 500.
In the previous week, Omega Flex had 1 more articles in the media than Insteel Industries. MarketBeat recorded 1 mentions for Omega Flex and 0 mentions for Insteel Industries. Omega Flex's average media sentiment score of 1.00 beat Insteel Industries' score of 0.69 indicating that Insteel Industries is being referred to more favorably in the media.
83.3% of Insteel Industries shares are owned by institutional investors. Comparatively, 36.1% of Omega Flex shares are owned by institutional investors. 5.6% of Insteel Industries shares are owned by company insiders. Comparatively, 67.1% of Omega Flex shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Insteel Industries has higher revenue and earnings than Omega Flex. Insteel Industries is trading at a lower price-to-earnings ratio than Omega Flex, indicating that it is currently the more affordable of the two stocks.
Summary
Omega Flex beats Insteel Industries on 11 of the 18 factors compared between the two stocks.
Get Omega Flex News Delivered to You Automatically
Sign up to receive the latest news and ratings for OFLX and its competitors with MarketBeat's FREE daily newsletter.
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.
Omega Flex Competitors List
Related Companies and Tools
