About Omega Flex (NASDAQ:OFLX)
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, SolarTrac, and Medi Trac 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.
Industry, Sector and Symbol
Industry Heating equipment, except electric & warm air; & plumbing fixtures
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
SymbolNASDAQ:OFLX
CUSIP68209510
Phone610-524-7272
Debt
Debt-to-Equity RatioN/A
Current Ratio5.40
Quick Ratio4.68
Price-To-Earnings
Trailing P/E Ratio44.97
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$101.80 million
Price / Sales6.91
Cash Flow$1.6009 per share
Price / Cash43.52
Book Value$5.55 per share
Price / Book12.55
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$15.66 million
Net Margins15.44%
Return on Equity28.27%
Return on Assets21.58%
Miscellaneous
Employees142
Outstanding Shares10,090,000
Omega Flex (NASDAQ:OFLX) Frequently Asked Questions
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 declared a quarterly dividend on Wednesday, June 6th. Stockholders of record on Monday, June 18th will be paid a dividend of $0.24 per share on Tuesday, July 3rd. This represents a $0.96 annualized dividend and a dividend yield of 1.38%. The ex-dividend date is Friday, June 15th. This is an increase from Omega Flex's previous quarterly dividend of $0.22. View Omega Flex's Dividend History.
How were Omega Flex's earnings last quarter?
Omega Flex, Inc. (NASDAQ:OFLX) posted its earnings results on Thursday, April, 19th. The industrial products company reported $0.41 EPS for the quarter. The industrial products company had revenue of $25.40 million for the quarter. Omega Flex had a return on equity of 28.27% and a net margin of 15.44%. View Omega Flex's Earnings History.
When is Omega Flex's next earnings date?
Who are some of Omega Flex's key competitors?
Some companies that are related to Omega Flex include Greif, Inc. Class B (GEF.B), Greif, Inc. Class A (GEF), Sims Metal Management (SMSMY), Horiba (HRIBF), Belden (BDC), Bodycote (BYPLF), Aggreko (ARGKF), China High Speed T (CHSTY), Brickworks (BKW), Redrow (RDW), iRobot (IRBT), Lonking (LONKF), Franklin Electric (FELE), NV Bekaert (BEKB) and AlarmCom (ALRM).
Who are Omega Flex's key executives?
Omega Flex's management team includes the folowing people:
- Mr. Kevin R. Hoben, CEO, Pres, Director & Chairman of Omega Flex Limited (Age 71)
- Mr. Paul J. Kane, CFO, Principal Accounting Officer & VP of Fin. (Age 50)
- Mr. Mark F. Albino, COO, Exec. VP & Director (Age 65)
- Mr. Timothy P. Scanlan, Gen. Counsel and Corp. Sec. (Age 62)
- Mr. Steven A. Treichel, Sr. VP of Corp. Devel. & Facilities Management (Age 67)
Has Omega Flex been receiving favorable news coverage?
Media coverage about OFLX stock has been trending somewhat positive recently, Accern reports. The research group rates the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Omega Flex earned a media sentiment score of 0.17 on Accern's scale. They also gave news stories about the industrial products company an impact score of 43.87 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
Who are Omega Flex's major shareholders?
Omega Flex's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Kayne Anderson Rudnick Investment Management LLC (10.01%), Dimensional Fund Advisors LP (2.74%), Nine Ten Capital Management LLC (1.83%), BlackRock Inc. (1.45%), Neuberger Berman Group LLC (0.19%) and Wells Fargo & Company MN (0.10%). View Institutional Ownership Trends for Omega Flex.
Which major investors are selling Omega Flex stock?
OFLX stock was sold by a variety of institutional investors in the last quarter, including Nine Ten Capital Management LLC, Wells Fargo & Company MN, Neuberger Berman Group LLC, US Bancorp DE and BlackRock Inc.. View Insider Buying and Selling for Omega Flex.
Which major investors are buying Omega Flex stock?
OFLX stock was acquired by a variety of institutional investors in the last quarter, including Kayne Anderson Rudnick Investment Management LLC, Dimensional Fund Advisors LP and WealthTrust Fairport LLC. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Omega Flex's stock price today?
One share of OFLX stock can currently be purchased for approximately $69.67.
How big of a company is Omega Flex?
Omega Flex has a market capitalization of $703.40 million and generates $101.80 million in revenue each year. Omega Flex employs 142 workers across the globe.
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.
MarketBeat Community Rating for Omega Flex (OFLX)
MarketBeat's community ratings are surveys of what our community members think about Omega Flex and other stocks. Vote "Outperform" if you believe OFLX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OFLX will underperform the S&P 500 over the long term. You may vote once every thirty days.
