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NASDAQ:OFLX

Omega Flex Stock Forecast, Price & News

$156.80
-5.38 (-3.32 %)
(As of 10/28/2020 12:00 AM ET)
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Today's Range
$154.50
Now: $156.80
$160.35
50-Day Range
$126.52
MA: $152.73
$181.28
52-Week Range
$50.38
Now: $156.80
$183.00
Volume6,047 shs
Average Volume10,249 shs
Market Capitalization$1.58 billion
P/E Ratio86.63
Dividend Yield0.69%
Beta0.77
Omega Flex, Inc., together with its subsidiaries, manufactures and sells flexible metal hoses and accessories in the United States and internationally. It offers flexible gas piping for use in residential and commercial buildings, as well as its fittings; 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, 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 founded in 1975 and is based in Exton, Pennsylvania.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.76 out of 5 stars

Industry, Sector and Symbol

Industry Heating equipment, except electric & warm air; & plumbing fixtures
Sub-IndustryIndustrial Machinery
Current SymbolNASDAQ:OFLX
CUSIP68209510
Phone610-524-7272
Employees151

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$111.36 million
Cash Flow$1.63 per share
Book Value$3.72 per share

Profitability

Net Income$17.29 million

Miscellaneous

Market Cap$1.58 billion
Next Earnings Date2/11/2021 (Estimated)
OptionableNot Optionable
$156.80
-5.38 (-3.32 %)
(As of 10/28/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Omega Flex (NASDAQ:OFLX) Frequently Asked Questions

How has Omega Flex's stock price been impacted by Coronavirus (COVID-19)?

Omega Flex's stock was trading at $68.00 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, OFLX shares have increased by 130.6% and is now trading at $156.80.
View which stocks have been most impacted by COVID-19
.

When is Omega Flex's next earnings date?

Omega Flex is scheduled to release its next quarterly earnings announcement on Thursday, February 11th 2021.
View our earnings forecast for Omega Flex
.

How were Omega Flex's earnings last quarter?

Omega Flex, Inc. (NASDAQ:OFLX) released its quarterly earnings data on Thursday, October, 15th. The industrial products company reported $0.48 earnings per share for the quarter. The industrial products company had revenue of $27.09 million for the quarter. Omega Flex had a return on equity of 47.22% and a net margin of 17.60%.
View Omega Flex's earnings history
.

How often does Omega Flex pay dividends? What is the dividend yield for Omega Flex?

Omega Flex declared a quarterly dividend on Wednesday, September 23rd. Stockholders of record on Monday, October 5th will be paid a dividend of $0.28 per share on Tuesday, October 13th. This represents a $1.12 annualized dividend and a yield of 0.71%. The ex-dividend date is Friday, October 2nd.
View Omega Flex's dividend history
.

Who are some of Omega Flex's key competitors?

What other stocks do shareholders of Omega Flex own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Omega Flex investors own include Exxon Mobil (XOM), AbbVie (ABBV), The Boeing (BA), Eastman Chemical (EMN), General Motors (GM), Harley-Davidson (HOG), International Paper (IP), JPMorgan Chase & Co. (JPM), Altria Group (MO) and ONEOK (OKE).

Who are Omega Flex's key executives?

Omega Flex's management team includes the following people:
  • Mr. Kevin R. Hoben, CEO & Chairman (Age 73, Pay $2M)
  • Mr. Mark F. Albino, Pres, COO & Director (Age 67, Pay $1.73M)
  • Mr. Paul J. Kane, VP of Fin., CFO & Principal Accounting Officer (Age 52, Pay $321.63k)
  • Mr. Timothy P. Scanlan, Gen. Counsel & Corp. Sec. (Age 64, Pay $396.46k)
  • Mr. Steven A. Treichel, Sr. VP of Corp. Devel. & Facilities Management (Age 69, Pay $550.49k)
  • Mr. Matthew F. Unger, Financial Controller

What is Omega Flex's stock symbol?

Omega Flex trades on the NASDAQ under the ticker symbol "OFLX."

Who are Omega Flex's major shareholders?

Omega Flex's stock is owned by a number of institutional and retail investors. Top institutional investors include Conestoga Capital Advisors LLC (4.31%) and Envestnet Asset Management Inc. (0.01%).
View institutional ownership trends for Omega Flex
.

Which institutional investors are buying Omega Flex stock?

OFLX stock was purchased by a variety of institutional investors in the last quarter, including Conestoga Capital Advisors LLC, and Envestnet Asset Management Inc..
View insider buying and selling activity for Omega Flex
.

How do I buy shares of Omega Flex?

Shares of OFLX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Omega Flex's stock price today?

One share of OFLX stock can currently be purchased for approximately $156.80.

How big of a company is Omega Flex?

Omega Flex has a market capitalization of $1.58 billion and generates $111.36 million in revenue each year. Omega Flex employs 151 workers across the globe.

What is Omega Flex's official website?

The official website for Omega Flex is www.omegaflexcorp.com.

How can I contact Omega Flex?

Omega Flex's mailing address is 451 CREAMERY WAY, EXTON PA, 19341. The industrial products company can be reached via phone at 610-524-7272.

This page was last updated on 10/29/2020 by MarketBeat.com Staff

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