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

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$53.82 -0.31 (-0.57 %)
(As of 12/14/2018 08:15 AM ET)
Previous Close$54.13
Today's Range$52.9290 - $55.18
52-Week Range$51.02 - $95.00
Volume7,621 shs
Average Volume16,469 shs
Market Capitalization$546.27 million
P/E Ratio29.58
Dividend Yield1.77%
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

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

Debt

Debt-to-Equity RatioN/A
Current Ratio4.15
Quick Ratio3.69

Price-To-Earnings

Trailing P/E Ratio29.58
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$101.80 million
Price / Sales5.33
Cash Flow$1.5923 per share
Price / Cash Flow33.80
Book Value$5.55 per share
Price / Book9.70

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$15.66 million
Net Margins17.39%
Return on Equity31.05%
Return on Assets24.12%

Miscellaneous

Employees142
Outstanding Shares10,090,000
Market Cap$546.27 million
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 Wednesday, September 12th. Shareholders of record on Friday, September 21st will be paid a dividend of $0.24 per share on Tuesday, October 2nd. This represents a $0.96 annualized dividend and a yield of 1.78%. The ex-dividend date is Thursday, September 20th. View Omega Flex's Dividend History.

How were Omega Flex's earnings last quarter?

Omega Flex, Inc. (NASDAQ:OFLX) announced its earnings results on Thursday, October, 18th. The industrial products company reported $0.51 earnings per share (EPS) for the quarter. The industrial products company earned $27.20 million during the quarter. Omega Flex had a net margin of 17.39% and a return on equity of 31.05%. 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, February 14th 2019. View Earnings Estimates for Omega Flex.

Has Omega Flex been receiving favorable news coverage?

News coverage about OFLX stock has trended somewhat positive on Friday, InfoTrie Sentiment reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Omega Flex earned a media sentiment score of 1.4 on InfoTrie's scale. They also gave news headlines about the industrial products company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days.

Who are some of Omega Flex's key competitors?

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)

Who are Omega Flex's major shareholders?

Omega Flex's stock is owned by a number of of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (2.91%), BlackRock Inc. (1.63%), Vanguard Group Inc (1.59%), Vanguard Group Inc. (1.59%), Renaissance Technologies LLC (0.32%) and Wells Fargo & Company MN (0.12%). 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 Vanguard Group Inc., Vanguard Group Inc, BlackRock Inc. and Strs Ohio. View Insider Buying and Selling for Omega Flex.

Which major investors are buying Omega Flex stock?

OFLX stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, O Shaughnessy Asset Management LLC, Renaissance Technologies LLC and Wells Fargo & Company MN. 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 $53.82.

How big of a company is Omega Flex?

Omega Flex has a market capitalization of $546.27 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?

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:  2.7 out of 5 (star star)
Outperform Votes:  107 (Vote Outperform)
Underperform Votes:  89 (Vote Underperform)
Total Votes:  196
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 12/14/2018 by MarketBeat.com Staff

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