NASDAQ:OFLX - Omega Flex Stock Price, News, & Analysis

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$72.50 -3.76 (-4.93 %)
(As of 03/22/2019 01:13 PM ET)
Previous Close$76.26
Today's Range$72.23 - $75.84
52-Week Range$51.02 - $95.00
Volume5,257 shs
Average Volume18,138 shs
Market Capitalization$731.53 million
P/E Ratio38.60
Dividend Yield1.25%
Beta1.08
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.

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Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$108.31 million
Cash Flow$1.9344 per share
Book Value$6.57 per share

Profitability

Net Income$20.14 million

Miscellaneous

Employees151
Market Cap$731.53 million
Next Earnings Date4/18/2019 (Estimated)
OptionableNot Optionable

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 announced a quarterly dividend on Friday, December 14th. Stockholders of record on Monday, December 24th will be given a dividend of $0.24 per share on Thursday, January 3rd. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date of this dividend is Friday, December 21st. View Omega Flex's Dividend History.

How were Omega Flex's earnings last quarter?

Omega Flex, Inc. (NASDAQ:OFLX) posted its quarterly earnings results on Thursday, February, 7th. The industrial products company reported $0.60 earnings per share (EPS) for the quarter. The industrial products company earned $28.87 million during the quarter. Omega Flex had a return on equity of 32.25% and a net margin of 18.59%. View Omega Flex's Earnings History.

When is Omega Flex's next earnings date?

Omega Flex is scheduled to release their next quarterly earnings announcement on Thursday, April 18th 2019. View Earnings Estimates for Omega Flex.

Has Omega Flex been receiving favorable news coverage?

News stories about OFLX stock have trended negative recently, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Omega Flex earned a news sentiment score of -2.7 on InfoTrie's scale. They also assigned headlines about the industrial products company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the next few days.

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 JPMorgan Chase & Co. (JPM), Clementia Pharmaceuticals (CMTA), Oracle (ORCL), Boeing (BA), Cray (CRAY), Thermo Fisher Scientific (TMO), Netflix (NFLX), Brandywine Realty Trust (BDN), Nutrien (NTR) and Federated National (FNHC).

Who are Omega Flex's key executives?

Omega Flex's management team includes the folowing 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)

Who are Omega Flex's major shareholders?

Omega Flex's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Kayne Anderson Rudnick Investment Management LLC (13.65%), Dimensional Fund Advisors LP (2.95%), Dimensional Fund Advisors LP (2.95%), BlackRock Inc. (1.70%), Ranger Investment Management L.P. (0.79%) and Geode Capital Management LLC (0.46%). 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 Brown Advisory Inc., Bank of New York Mellon Corp, Northern Trust Corp, Bank of America Corp DE, California Public Employees Retirement System and O Shaughnessy Asset Management LLC. View Insider Buying and Selling for Omega Flex.

Which institutional investors are buying Omega Flex stock?

OFLX stock was bought by a variety of institutional investors in the last quarter, including Kayne Anderson Rudnick Investment Management LLC, Ranger Investment Management L.P., BlackRock Inc., Millennium Management LLC, Rhumbline Advisers, Dimensional Fund Advisors LP, Dimensional Fund Advisors LP and Geode Capital Management 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 $72.11.

How big of a company is Omega Flex?

Omega Flex has a market capitalization of $727.59 million and generates $108.31 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 http://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.


MarketBeat Community Rating for Omega Flex (NASDAQ OFLX)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  121 (Vote Outperform)
Underperform Votes:  98 (Vote Underperform)
Total Votes:  219
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.
This page was last updated on 3/22/2019 by MarketBeat.com Staff

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