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
Phone610-524-7272
Debt
Current Ratio4.15
Quick Ratio3.69
Price-To-Earnings
Sales & Book Value
Annual Sales$101.80 million
Price / Sales5.85
Price / Cash Flow37.03
Price / Book10.63
Profitability
Net Income$15.66 million
Net Margins17.39%
Return on Assets24.12%
Miscellaneous
Employees142
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 declared a quarterly dividend on Friday, December 14th. Investors of record on Monday, December 24th will be paid 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 1.63%. 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) released its quarterly earnings data on Thursday, October, 18th. The industrial products company reported $0.51 earnings per share for the quarter. The industrial products company had revenue of $27.20 million for the quarter. Omega Flex had a return on equity of 31.05% and a net margin of 17.39%. View Omega Flex's Earnings History.
When is Omega Flex's next earnings date?
Has Omega Flex been receiving favorable news coverage?
Press coverage about OFLX stock has trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public 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 0.7 on InfoTrie's scale. They also assigned media stories about the industrial products company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the company's share price in the immediate future.
Who are some of Omega Flex's key competitors?
Some companies that are related to Omega Flex include Brady (BRC), SiteOne Landscape Supply (SITE), iRobot (IRBT), Applied Industrial Technologies (AIT), Terex (TEX), Chart Industries (GTLS), Albany International (AIN), II-VI (IIVI), Franklin Electric (FELE), Worthington Industries (WOR), Greif (GEF.B), Belden (BDC), Horiba (HRIBF), Bodycote (BYPLF) and Greif (GEF).
Who are Omega Flex's key executives?
Omega Flex's management team includes the folowing people:
- Mr. Kevin R. Hoben, Pres, CEO & Director (Age 71)
- Mr. Paul J. Kane, VP of Fin., CFO & Principal Accounting Officer (Age 50)
- Mr. Mark F. Albino, Exec. VP, COO & Director (Age 65)
- Mr. Timothy P. Scanlan, Gen. Counsel & Corp. Sec. (Age 62)
- Mr. Steven A. Treichel, Sr. VP of Corp. Devel. & Facilities Management (Age 67)
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 $58.98.
How big of a company is Omega Flex?
Omega Flex has a market capitalization of $598.45 million and generates $101.80 million in revenue each year. Omega Flex employs 142 workers across the globe.
What is Omega Flex's official website?
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)
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.
