Log in

NASDAQ:OFLXOmega Flex Stock Price, Forecast & News

$101.40
+1.68 (+1.68 %)
(As of 07/3/2020 04:00 PM ET)
Add
Compare
Today's Range
$100.66
Now: $101.40
$102.50
50-Day Range
$92.06
MA: $103.39
$115.31
52-Week Range
$50.38
Now: $101.40
$119.89
Volume7,432 shs
Average Volume11,032 shs
Market Capitalization$1.02 billion
P/E Ratio59.65
Dividend Yield1.10%
Beta0.8
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.
Read More
Omega Flex logo

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$111.36 million
Cash Flow$1.78 per share
Book Value$3.72 per share

Profitability

Net Income$17.29 million

Miscellaneous

Employees151
Market Cap$1.02 billion
Next Earnings Date7/16/2020 (Estimated)
OptionableNot Optionable

Receive OFLX News and Ratings via Email

Sign-up to receive the latest news and ratings for OFLX and its competitors with MarketBeat's FREE daily newsletter.

Omega Flex (NASDAQ:OFLX) Frequently Asked Questions

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

Omega Flex's stock was trading at $68.00 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, OFLX stock has increased by 49.1% and is now trading at $101.40. View which stocks have been most impacted by Coronavirus.

When is Omega Flex's next earnings date?

Omega Flex is scheduled to release its next quarterly earnings announcement on Thursday, July 16th 2020. View our earnings forecast for Omega Flex.

How were Omega Flex's earnings last quarter?

Omega Flex, Inc. (NASDAQ:OFLX) released its quarterly earnings results 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 net margin of 15.70% and a return on equity of 31.92%. 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, June 24th. Shareholders of record on Monday, July 6th will be paid a dividend of $0.28 per share on Monday, July 13th. This represents a $1.12 annualized dividend and a yield of 1.10%. The ex-dividend date of this dividend is Thursday, July 2nd. View Omega Flex's dividend history.

Has Omega Flex been receiving favorable news coverage?

News coverage about OFLX stock has trended somewhat negative this week, InfoTrie reports. The research firm rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Omega Flex earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned news stories about the industrial products company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days. View the latest news about Omega Flex.

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 ONEOK (OKE), Exxon Mobil (XOM), AbbVie (ABBV), Boeing (BA), Franklin Resources (BEN), Carnival (CCL), CenterPoint Energy (CNP), Enterprise Products Partners (EPD), General Motors (GM) and Harley-Davidson (HOG).

Who are Omega Flex's key executives?

Omega Flex's management team includes the following people:
  • Mr. Kevin R. Hoben, CEO & Chairman (Age 72)
  • Mr. Mark F. Albino, Pres, COO & Director (Age 66)
  • Mr. Paul J. Kane, VP of Fin., CFO & Principal Accounting Officer (Age 51)
  • Mr. Timothy P. Scanlan, Gen. Counsel & Corp. Sec. (Age 63)
  • Mr. Steven A. Treichel, Sr. VP of Corp. Devel. & Facilities Management (Age 68)

What is Omega Flex's stock symbol?

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

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 $101.40.

How big of a company is Omega Flex?

Omega Flex has a market capitalization of $1.02 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 7/4/2020 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

  • Best-in-Class Portfolio Monitoring

    View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.

  • Stock Ideas and Recommendations

    Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.

  • Advanced Stock Screeners and Research Tools

    Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.