NASDAQ:OFLX

Omega Flex Stock Forecast, Price & News

$155.90
+6.69 (+4.48 %)
(As of 05/7/2021 02:32 PM ET)
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Today's Range
$146.39
$155.90
50-Day Range
$143.03
$168.90
52-Week Range
$88.00
$193.60
Volume502 shs
Average Volume11,226 shs
Market Capitalization$1.57 billion
P/E Ratio86.13
Dividend Yield0.75%
Beta0.51
30 days | 90 days | 365 days | Advanced Chart
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Industry, Sector and Symbol

Industry Heating equipment, except electric & warm air; & plumbing fixtures
Sub-IndustryIndustrial Machinery
Current SymbolNASDAQ:OFLX
CUSIP68209510
Phone610-524-7272
Employees164
Year FoundedN/A

Sales & Book Value

Annual Sales$111.36 million
Cash Flow$1.88 per share
Book Value$3.72 per share

Profitability

Net Income$17.29 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap$1.57 billion
Next Earnings Date7/15/2021 (Estimated)
OptionableNot Optionable

Headlines

Omega Flex (NASDAQ:OFLX) Sees Strong Trading Volume
Omega Flex (NASDAQ:OFLX) Sees Strong Trading Volume
April 29, 2021 |  americanbankingnews.com
Omega Flex reports Q1 results
Omega Flex reports Q1 results
April 23, 2021 |  seekingalpha.com
Omega Flex (NASDAQ:OFLX) Shares Up 6.5%
Omega Flex (NASDAQ:OFLX) Shares Up 6.5%
April 23, 2021 |  americanbankingnews.com
Omega Flex (NASDAQ:OFLX) Shares Gap Up to $147.50
Omega Flex (NASDAQ:OFLX) Shares Gap Up to $147.50
April 22, 2021 |  americanbankingnews.com
Omega Flex, Inc. Announces First Quarter 2021 Earnings
Omega Flex, Inc. Announces First Quarter 2021 Earnings
April 21, 2021 |  finance.yahoo.com
Omega Flex (NASDAQ:OFLX) Shares Gap Down to $152.36
Omega Flex (NASDAQ:OFLX) Shares Gap Down to $152.36
April 13, 2021 |  americanbankingnews.com
Analyzing Omega Flexs Ex-Dividend Date
Analyzing Omega Flex's Ex-Dividend Date
April 1, 2021 |  benzinga.com
Omega Flex, Inc. (NASDAQ:OFLX) Goes Ex-Dividend Soon
Omega Flex, Inc. (NASDAQ:OFLX) Goes Ex-Dividend Soon
March 28, 2021 |  finance.yahoo.com
See More Headlines
Omega Flex logo

About Omega Flex

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 incorporated in 1975 and is based in Exton, Pennsylvania.

MarketRank

Overall MarketRank

0.73 out of 5 stars

Industrial Products Sector

251st out of 397 stocks

Heating Equipment, Except Electric & Warm Air; & Plumbing Fixtures Industry

3rd out of 3 stocks

Analyst Opinion: 0.0Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 0.0 5 -4 -3 -2 -1 -
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Omega Flex (NASDAQ:OFLX) Frequently Asked Questions

What stocks does MarketBeat like better than Omega Flex?

Wall Street analysts have given Omega Flex a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Omega Flex wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Omega Flex?

Omega Flex saw a decrease in short interest in March. As of March 31st, there was short interest totaling 227,500 shares, a decrease of 26.1% from the March 15th total of 308,000 shares. Based on an average daily trading volume, of 12,000 shares, the days-to-cover ratio is currently 19.0 days. Approximately 7.5% of the shares of the stock are short sold.
View Omega Flex's Short Interest
.

When is Omega Flex's next earnings date?

Omega Flex is scheduled to release its next quarterly earnings announcement on Thursday, July 15th 2021.
View our earnings forecast for Omega Flex
.

How were Omega Flex's earnings last quarter?

Omega Flex, Inc. (NASDAQ:OFLX) posted its quarterly earnings data on Thursday, February, 11th. The industrial products company reported $0.71 earnings per share (EPS) for the quarter. The industrial products company earned $31.63 million during the quarter. Omega Flex had a net margin of 17.60% and a trailing twelve-month return on equity of 46.30%.
View Omega Flex's earnings history
.

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

Omega Flex's stock was trading at $68.00 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, OFLX stock has increased by 129.3% and is now trading at $155.90.
View which stocks have been most impacted by COVID-19
.

How often does Omega Flex pay dividends? What is the dividend yield for Omega Flex?

Omega Flex announced a quarterly dividend on Wednesday, March 24th. Shareholders of record on Monday, April 5th will be paid a dividend of $0.28 per share on Wednesday, April 14th. This represents a $1.12 annualized dividend and a yield of 0.72%. The ex-dividend date of this dividend is Thursday, April 1st.
View Omega Flex's dividend history
.

Is Omega Flex a good dividend stock?

Omega Flex pays an annual dividend of $1.12 per share and currently has a dividend yield of 0.75%.
View Omega Flex's dividend history.

Who are Omega Flex's key executives?

Omega Flex's management team includes the following people:
  • Mr. Kevin R. Hoben, CEO & Chairman (Age 74, Pay $2M)
  • Mr. Mark F. Albino, Pres, COO & Director (Age 68, Pay $1.73M)
  • Mr. Paul J. Kane, VP of Fin., CFO & Principal Accounting Officer (Age 53, Pay $321.63k)
  • Mr. Timothy P. Scanlan, Gen. Counsel & Corp. Sec. (Age 65, Pay $396.46k)
  • Mr. Steven A. Treichel, Sr. VP of Corp. Devel. & Facilities Management (Age 70, Pay $550.49k)
  • Mr. Edwin B. Moran, VP of Sales Residential Markets (Age 54)
  • Mr. Dean W. Rivest, Exec. VP (Age 51)
  • Mr. Matthew F. Unger, Financial Controller

What is Kevin R. Hoben's approval rating as Omega Flex's CEO?

3 employees have rated Omega Flex CEO Kevin R. Hoben on Glassdoor.com. Kevin R. Hoben has an approval rating of 53% among Omega Flex's employees. This puts Kevin R. Hoben in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

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 Exxon Mobil (XOM), AbbVie (ABBV), The Boeing (BA), Eastman Chemical (EMN), General Motors (GM), Harley-Davidson (HOG), International Paper (IP), JPMorgan Chase & Co. (JPM), Altria Group (MO) and ONEOK (OKE).

What is Omega Flex's stock symbol?

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

Who are Omega Flex's major shareholders?

Omega Flex's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Conestoga Capital Advisors LLC (5.40%), Comerica Bank (0.39%), Daiwa Securities Group Inc. (0.16%), Rhumbline Advisers (0.03%), Strs Ohio (0.03%) and Envestnet Asset Management Inc. (0.02%). Company insiders that own Omega Flex stock include Derek Glanvill and Stewart B Reed.
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 Daiwa Securities Group Inc., Strs Ohio, The Manufacturers Life Insurance Company , and Rhumbline Advisers. Company insiders that have sold Omega Flex company stock in the last year include Derek Glanvill, and Stewart B Reed.
View insider buying and selling activity for Omega Flex
or view top insider-selling stocks.

Which major investors are buying Omega Flex stock?

OFLX stock was acquired by a variety of institutional investors in the last quarter, including Conestoga Capital Advisors LLC, Comerica Bank, Precision Wealth Strategies LLC, and Envestnet Asset Management Inc..
View insider buying and selling activity for Omega Flex
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Omega Flex's stock price today?

One share of OFLX stock can currently be purchased for approximately $155.90.

How much money does Omega Flex make?

Omega Flex has a market capitalization of $1.57 billion and generates $111.36 million in revenue each year.

How many employees does Omega Flex have?

Omega Flex employs 164 workers across the globe.

What is Omega Flex's official website?

The official website for Omega Flex is www.omegaflexcorp.com.

Where are Omega Flex's headquarters?

Omega Flex is headquartered at 451 CREAMERY WAY, EXTON PA, 19341.

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 5/7/2021 by MarketBeat.com Staff
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