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NASDAQ:OFLXOmega Flex Stock Price, Forecast & News

$102.30
-0.70 (-0.68 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$102.11
Now: $102.30
$106.60
50-Day Range
$77.80
MA: $90.33
$110.88
52-Week Range
$50.38
Now: $102.30
$119.89
Volume11,130 shs
Average Volume8,493 shs
Market Capitalization$1.03 billion
P/E Ratio60.18
Dividend Yield1.09%
Beta0.73
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 founded in 1975 and is based in Exton, Pennsylvania.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.8Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.09 out of 5 stars


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$111.36 million
Cash Flow$1.77 per share
Book Value$3.86 per share

Profitability

Net Income$17.29 million

Miscellaneous

Employees151
Market Cap$1.03 billion
Next Earnings Date7/16/2020 (Estimated)
OptionableNot Optionable

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Omega Flex (NASDAQ:OFLX) Frequently Asked Questions

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

Omega Flex's stock was trading at $68.00 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, OFLX stock has increased by 50.4% and is now trading at $102.30. View which stocks have been most impacted by Coronavirus.

When is Omega Flex's next earnings date?

Omega Flex is scheduled to release its next quarterly earnings announcement on Thursday, July 16th 2020. View our earnings forecast for Omega Flex.

How were Omega Flex's earnings last quarter?

Omega Flex, Inc. (NASDAQ:OFLX) announced its quarterly earnings data on Thursday, April, 16th. The industrial products company reported $0.43 earnings per share (EPS) for the quarter. The industrial products company had revenue of $25.27 million for the quarter. Omega Flex had a net margin of 15.70% and a return on equity of 31.92%. View Omega Flex's earnings history.

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

Omega Flex declared a quarterly dividend on Wednesday, April 1st. Investors of record on Monday, April 13th will be paid a dividend of $0.28 per share on Friday, April 17th. This represents a $1.12 annualized dividend and a yield of 1.09%. The ex-dividend date of this dividend is Thursday, April 9th. View Omega Flex's dividend history.

Has Omega Flex been receiving favorable news coverage?

News stories about OFLX stock have trended somewhat negative recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news 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 media sentiment score of -1.1 on InfoTrie's scale. They also gave headlines about the industrial products company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutOmega Flex.

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 ONEOK (OKE), Exxon Mobil (XOM), AbbVie (ABBV), Boeing (BA), Franklin Resources (BEN), Carnival (CCL), CenterPoint Energy (CNP), Enterprise Products Partners (EPD), General Motors (GM) and Harley-Davidson (HOG).

Who are Omega Flex's key executives?

Omega Flex's management team includes the following 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)

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 variety of retail and institutional investors. Top institutional investors include Conestoga Capital Advisors LLC (3.48%), BlackRock Inc. (1.95%), State Street Corp (0.61%), Russell Investments Group Ltd. (0.52%), Geode Capital Management LLC (0.52%) and Ranger Investment Management L.P. (0.45%). 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 Wells Fargo & Company MN, Bank of New York Mellon Corp, UBS Group AG, and Deutsche Bank AG. View insider buying and selling activity for Omega Flex.

Which institutional investors are buying Omega Flex stock?

OFLX stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, BlackRock Inc., GSA Capital Partners LLP, Morgan Stanley, Morgan Stanley, AQR Capital Management LLC, Conestoga Capital Advisors LLC, and Comerica Bank. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Omega Flex's stock price today?

One share of OFLX stock can currently be purchased for approximately $102.30.

How big of a company is Omega Flex?

Omega Flex has a market capitalization of $1.03 billion and generates $111.36 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 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.

This page was last updated on 5/30/2020 by MarketBeat.com Staff

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