S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
NASDAQ:OFLX

Omega Flex (OFLX) Stock Forecast, Price & News

$101.50
+1.87 (+1.88%)
(As of 05/20/2022 04:00 PM ET)
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Today's Range
$100.00
$102.66
50-Day Range
$99.00
$140.10
52-Week Range
$97.16
$163.27
Volume
6,454 shs
Average Volume
11,450 shs
Market Capitalization
N/A
P/E Ratio
40.44
Dividend Yield
1.20%
Beta
0.42
30 days | 90 days | 365 days | Advanced Chart
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Omega Flex logo

About Omega Flex

Omega Flex, Inc., together with its subsidiaries, manufactures and sells flexible metal hoses and accessories in North America 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 incorporated in 1975 and is based in Exton, Pennsylvania.

Headlines

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Industry, Sector and Symbol

Industry
Heating equipment, except electric & warm air; & plumbing fixtures
Sub-Industry
Industrial Machinery
Current Symbol
NASDAQ:OFLX
CUSIP
68209510
Employees
170
Year Founded
N/A

Sales & Book Value

Annual Sales
$130.01 million
Cash Flow
$2.75 per share
Book Value
$6.00 per share

Profitability

Net Income
$26.19 million
Pretax Margin
26.16%

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Optionable
Not Optionable

Company Calendar

Last Earnings
4/16/2020
Ex-Dividend for 4/25 Dividend
4/08/2022
Dividend Payable
4/25/2022
Today
5/22/2022
Next Earnings (Estimated)
7/15/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

1.79 out of 5 stars

Analyst Opinion: 0.0Community Rank: 4.8Dividend Strength: 1.7Insider Behavior: 2.5Valuation: 0.0 5 -4 -3 -2 -1 -













Omega Flex (NASDAQ:OFLX) Frequently Asked Questions

When is Omega Flex's next earnings date?

Omega Flex is scheduled to release its next quarterly earnings announcement on Friday, July 15th 2022.
View our earnings forecast for Omega Flex
.

How were Omega Flex's earnings last quarter?

Omega Flex, Inc. (NASDAQ:OFLX) issued its quarterly earnings data on Thursday, April, 16th. The industrial products company reported $0.43 earnings per share (EPS) for the quarter. The industrial products company had revenue of $25.27 million for the quarter. Omega Flex had a trailing twelve-month return on equity of 43.67% and a net margin of 19.46%.
View Omega Flex's earnings history
.

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

Omega Flex announced a quarterly dividend on Tuesday, March 29th. Shareholders of record on Monday, April 11th will be given a dividend of $0.30 per share on Monday, April 25th. This represents a $1.20 annualized dividend and a yield of 1.18%. The ex-dividend date is Friday, April 8th.
View Omega Flex's dividend history
.

Is Omega Flex a good dividend stock?

Omega Flex pays an annual dividend of $1.20 per share and currently has a dividend yield of 1.20%. Omega Flex does not yet have a strong track record of dividend growth. The dividend payout ratio of Omega Flex is 47.81%. This payout ratio is at a healthy, sustainable level, below 75%.
View Omega Flex's dividend history.

Who are Omega Flex's key executives?
Omega Flex's management team includes the following people:
  • Mr. Kevin R. Hoben, CEO & Chairman (Age 75, Pay $2.43M)
  • Mr. Dean W. Rivest, Pres (Age 51, Pay $468.02k)
  • Mr. Mark F. Albino, COO & Director (Age 69, Pay $2.1M)
  • Mr. Edwin B. Moran, Exec. VP of Sales (Age 54, Pay $431.81k)
  • Mr. Matthew F. Unger CPA, VP of Fin. & CFO
  • Mr. Timothy P. Scanlan, Gen. Counsel & Corp. Sec. (Age 66)
  • Mr. Steven A. Treichel, Sr. VP of Corp. Devel. & Facilities Management (Age 71)
What is Kevin R. Hoben's approval rating as Omega Flex's CEO?

3 employees have rated Omega Flex CEO Kevin R. Hoben on Glassdoor.com. Kevin R. Hoben has an approval rating of 53% among Omega Flex's employees. This puts Kevin R. Hoben in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

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), Boeing (BA), Eastman Chemical (EMN), General Motors (GM), Harley-Davidson (HOG), International Paper (IP), JPMorgan Chase & Co. (JPM), Altria Group (MO) and ONEOK (OKE).

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 many different retail and institutional investors. Top institutional investors include Conestoga Capital Advisors LLC (5.54%), Dimensional Fund Advisors LP (0.00%), BlackRock Inc. (2.16%), Vanguard Group Inc. (0.00%), State Street Corp (0.61%) and Comerica Bank (0.44%). Company insiders that own Omega Flex stock include Derek Glanvill, Mark F Albino and Stewart B Reed.
View institutional ownership trends for Omega Flex
.

Which institutional investors are selling Omega Flex stock?

OFLX stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., JPMorgan Chase & Co., Daiwa Securities Group Inc., Vanguard Group Inc., Northern Trust Corp, Russell Investments Group Ltd., Metropolitan Life Insurance Co NY, and Citigroup Inc.. Company insiders that have sold Omega Flex company stock in the last year include Mark F Albino, and Stewart B Reed.
View insider buying and selling activity for Omega Flex
or view top insider-selling stocks.

Which institutional investors are buying Omega Flex stock?

OFLX stock was bought by a variety of institutional investors in the last quarter, including TownSquare Capital LLC, Conestoga Capital Advisors LLC, M&T Bank Corp, US Bancorp DE, Baker Tilly Wealth Management LLC, Bank of New York Mellon Corp, Royal Bank of Canada, and Comerica Bank.
View insider buying and selling activity for Omega Flex
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Omega Flex's stock price today?

One share of OFLX stock can currently be purchased for approximately $101.50.

How many employees does Omega Flex have?

Omega Flex employs 170 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 or via fax at 610-524-7282.

This page was last updated on 5/22/2022 by MarketBeat.com Staff

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