Omega Flex, Inc. is a manufacturer of flexible metal hose. The Company is engaged in a range of different markets, including construction, manufacturing, transportation, petrochemical, pharmaceutical and other industries. It operates through manufacture and sale of flexible metal hose and accessories segment. Its products are concentrated in residential and commercial construction, and general industrial markets. Its primary product, flexible gas piping, is used for gas piping within residential and commercial buildings. Its TracPipe and TracPipe CounterStrike flexible gas piping, along with its fittings, which are distributed under AutoSnap and AutoFlare names. Its products are manufactured at its Exton, Pennsylvania facilities in the United States, and in Banbury, Oxfordshire in the United Kingdom. It has sales across all industries are generated through independent outside sales organizations, such as sales representatives, wholesalers and distributors or a combination of both.
Industry, Sector and Symbol:
- Sector: Industrial Products
- Industry: Industrial Equipment & Components
- Sub-Industry: Industrial Machinery
- Symbol: NASDAQ:OFLX
- CUSIP: 68209510
- Web: www.omegaflex.com
- Market Cap: $609.5 million
- Outstanding Shares: 10,091,000
- 50 Day Moving Avg: $55.31
- 200 Day Moving Avg: $49.39
- 52 Week Range: $32.50 - $64.90
Sales & Book Value:
- Trailing P/E Ratio: 38.40
- P/E Growth: 0.00
- Annual Revenue: $99.03 million
- Price / Sales: 6.15
- Book Value: $4.95 per share
- Price / Book: 12.20
- EBIDTA: $24.6 million
- Net Margins: 15.29%
- Return on Equity: 30.49%
- Return on Assets: 24.08%
- Current Ratio: 4.52%
- Quick Ratio: 3.94%
- Average Volume: 8,605 shs.
- Beta: 1.28
- Short Ratio: 14.51
Frequently Asked Questions for Omega Flex (NASDAQ:OFLX)
What is Omega Flex's stock symbol?
Omega Flex trades on the NASDAQ under the ticker symbol "OFLX."
How often does Omega Flex pay dividends? What is the dividend yield for Omega Flex?
Omega Flex announced a special dividend on Wednesday, December 14th. Stockholders of record on Monday, December 26th will be paid a dividend of $0.85 per share on Friday, January 6th. The ex-dividend date of this dividend is Wednesday, December 21st. View Omega Flex's Dividend History.
How were Omega Flex's earnings last quarter?
Omega Flex, Inc. (NASDAQ:OFLX) announced its earnings results on Thursday, April, 20th. The company reported $0.41 earnings per share (EPS) for the quarter. The business had revenue of $25.61 million for the quarter. Omega Flex had a net margin of 15.29% and a return on equity of 30.49%. View Omega Flex's Earnings History.
When will Omega Flex make its next earnings announcement?
Who are some of Omega Flex's key competitors?
Some companies that are related to Omega Flex include Hyster-Yale Materials Handling (HY), Milacron Holdings Corp (MCRN), Harsco (HSC), Quad/Graphics (QUAD), Sun Hydraulics (SNHY), Fairmount Santrol Holdings (FMSA), Standex Int'l Corp. (SXI), Chart Industries (GTLS), CIRCOR International (CIR), Briggs & Stratton Co. (BGG), TriMas Corp (TRS), Hollysys Automation Technologies Ltd (HOLI), Alamo Group (ALG), ScanSource (SCSC), Lindsay (LNN), Encore Wire (WIRE), General Cable (BGC) and Manitowoc Company (MTW).
How do I buy Omega Flex stock?
Shares of Omega Flex can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Omega Flex stock cost?
One share of Omega Flex stock can currently be purchased for approximately $60.40.
Consensus Ratings for Omega Flex (NASDAQ:OFLX) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||N/A|
Analysts' Ratings History for Omega Flex (NASDAQ:OFLX)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Omega Flex (NASDAQ:OFLX)Earnings History by Quarter for Omega Flex (NASDAQ:OFLX)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/18/2017|| || || || || || || || |
|4/20/2017||Q1 2017||$0.41||$25.61 million||View||N/A|
|10/19/2016||Q3||$0.39||$24.60 million||$23.90 million||View||N/A|
|7/20/2016||Q2||$0.37||$21.64 million||$23.84 million||View||N/A|
|7/23/2014||Q214||$0.50||$35.27 million||$36.46 million||View||N/A|
|2/21/2013||Q412||$0.16||$15.62 million||$18.43 million||View||N/A|
Earnings Estimates for Omega Flex (NASDAQ:OFLX)
Current Year EPS Consensus Estimate: $0.37 EPS
Dividend History by Quarter for Omega Flex (NASDAQ:OFLX)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Omega Flex (NASDAQ:OFLX)
Insider Ownership Percentage: 44.86%Insider Trades by Quarter for Omega Flex (NASDAQ:OFLX)
Institutional Ownership Percentage: 22.32%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|2/26/2016||Derek Glanvill||Director||Buy||1,000||$30.73||$30,730.00|| |
|2/18/2016||Derek Glanvill||Director||Buy||1,000||$33.02||$33,020.00|| |
|12/18/2015||Derek Glanvill||Director||Buy||780||$39.21||$30,583.80|| |
|7/1/2014||Kevin R Hoben||CEO||Sell||3,184||$20.00||$63,680.00|| |
|6/23/2014||Kevin R Hoben||CEO||Sell||2,000||$20.01||$40,020.00|| |
|6/20/2014||Kevin R Hoben||CEO||Sell||2,000||$20.05||$40,100.00|| |
|5/27/2014||Kevin R Hoben||CEO||Sell||2,000||$20.00||$40,000.00|| |
|7/25/2013||Steven A Treichel||VP||Sell||1,000||$21.46||$21,460.00|| |
Headline Trends for Omega Flex (NASDAQ:OFLX)
Latest Headlines for Omega Flex (NASDAQ:OFLX)
|OmegaFlex: Lightning Protection Institute Ignores Science and Lightning Codes|
finance.yahoo.com - May 15 at 10:02 AM
|Omega Flex (OFLX) Receives News Impact Rating of -0.20|
www.americanbankingnews.com - April 25 at 12:04 PM
|Omega Flex (OFLX) Given Daily News Sentiment Rating of -0.16|
www.americanbankingnews.com - April 21 at 12:57 PM
|Omega Flex, Inc. (OFLX) Issues Quarterly Earnings Results|
www.americanbankingnews.com - April 21 at 12:49 PM
|Omega Flex, Inc. Announces 1st Quarter 2017 Earnings|
finance.yahoo.com - April 21 at 12:10 AM
|Omega Flex today reported its results of operations for the Fourth Quarter, 2016|
us.rd.yahoo.com - February 11 at 5:58 AM
|Omega Flex, Inc. Announces Special Dividend|
finance.yahoo.com - December 31 at 11:47 PM
|4:06 pm Omega Flex declares a special dividend of $0.85/share|
us.rd.yahoo.com - December 15 at 12:44 AM
|OmegaFlex Launches New CSST Safety Website Highlighting Unmatched Benefits of TracPipe CounterStrike® CSST|
finance.yahoo.com - December 5 at 6:59 PM
|Solarvest BioEnergy Inc. Announces Extension of Closing of Private Placement|
www.marketwatch.com - August 20 at 10:40 AM
|Omega Flex reports Q2 results|
seekingalpha.com - July 20 at 5:13 PM
|OMEGA FLEX, INC. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders|
biz.yahoo.com - June 10 at 11:08 AM
|OmegaFlex Reiterates Call for Maintaining National CSST Safety Standards|
finance.yahoo.com - May 23 at 9:00 AM
|Omega Flex reports Q1 results|
seekingalpha.com - April 20 at 5:21 PM
|Omega Flex, Inc. Announces 1st Quarter 2016 Earnings|
finance.yahoo.com - April 20 at 5:00 PM
|OMEGA FLEX, INC. Files SEC form 10-K, Annual Report|
biz.yahoo.com - March 4 at 3:55 PM
|Omega Flex, Inc. Announces 4th Quarter 2015 Earnings|
finance.yahoo.com - February 17 at 4:31 PM
|Omega Flex Enters Oversold Territory (OFLX)|
www.thestreet.com - January 26 at 2:19 PM
|OMEGA FLEX, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits|
biz.yahoo.com - December 10 at 4:07 PM
|OMEGA FLEX, INC. Financials|
finance.yahoo.com - December 8 at 1:18 PM
|OMEGA FLEX, INC. Files SEC form 10-Q, Quarterly Report|
biz.yahoo.com - November 13 at 12:59 PM
|OMEGA FLEX, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclosure, Financi|
biz.yahoo.com - October 21 at 4:23 PM
|Omega Flex, Inc. Announces 3rd Quarter 2015 Earnings|
finance.yahoo.com - October 21 at 4:15 PM
|An Undiscovered Growth Stock for Your Portfolio|
www.investopedia.com - October 20 at 2:01 PM
|OMEGA FLEX, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement|
biz.yahoo.com - September 15 at 11:11 AM
Omega Flex (OFLX) Chart for Sunday, May, 28, 2017