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DOW   37,763.90 (+0.08%)
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AAPL   171.36 (-0.77%)
MSFT   416.09 (+0.59%)
META   499.90 (-0.07%)
GOOGL   154.19 (-0.43%)
AMZN   184.39 (+0.42%)
TSLA   155.78 (-3.53%)
NVDA   872.60 (+1.46%)
AMD   163.01 (+1.68%)
NIO   3.77 (-3.08%)
BABA   69.80 (-1.16%)
T   16.06 (-1.11%)
F   12.10 (-1.06%)
MU   119.46 (-1.57%)
GE   154.81 (+0.72%)
CGC   6.75 (-3.30%)
DIS   113.34 (+0.35%)
AMC   2.56 (+3.64%)
PFE   25.97 (+0.23%)
PYPL   63.46 (-0.08%)
XOM   118.11 (-1.31%)
S&P 500   5,042.85 (-0.37%)
DOW   37,763.90 (+0.08%)
QQQ   431.10 (+0.01%)
AAPL   171.36 (-0.77%)
MSFT   416.09 (+0.59%)
META   499.90 (-0.07%)
GOOGL   154.19 (-0.43%)
AMZN   184.39 (+0.42%)
TSLA   155.78 (-3.53%)
NVDA   872.60 (+1.46%)
AMD   163.01 (+1.68%)
NIO   3.77 (-3.08%)
BABA   69.80 (-1.16%)
T   16.06 (-1.11%)
F   12.10 (-1.06%)
MU   119.46 (-1.57%)
GE   154.81 (+0.72%)
CGC   6.75 (-3.30%)
DIS   113.34 (+0.35%)
AMC   2.56 (+3.64%)
PFE   25.97 (+0.23%)
PYPL   63.46 (-0.08%)
XOM   118.11 (-1.31%)
S&P 500   5,042.85 (-0.37%)
DOW   37,763.90 (+0.08%)
QQQ   431.10 (+0.01%)
AAPL   171.36 (-0.77%)
MSFT   416.09 (+0.59%)
META   499.90 (-0.07%)
GOOGL   154.19 (-0.43%)
AMZN   184.39 (+0.42%)
TSLA   155.78 (-3.53%)
NVDA   872.60 (+1.46%)
AMD   163.01 (+1.68%)
NIO   3.77 (-3.08%)
BABA   69.80 (-1.16%)
T   16.06 (-1.11%)
F   12.10 (-1.06%)
MU   119.46 (-1.57%)
GE   154.81 (+0.72%)
CGC   6.75 (-3.30%)
DIS   113.34 (+0.35%)
AMC   2.56 (+3.64%)
PFE   25.97 (+0.23%)
PYPL   63.46 (-0.08%)
XOM   118.11 (-1.31%)

Omega Flex (OFLX) Competitors

$68.35
-0.20 (-0.29%)
(As of 04/15/2024 ET)

OFLX vs. IIIN, TWI, KRNT, CECO, MYE, ERII, KRT, PRLB, ITRN, and XMTR

Should you be buying Omega Flex stock or one of its competitors? The main competitors of Omega Flex include Insteel Industries (IIIN), Titan International (TWI), Kornit Digital (KRNT), CECO Environmental (CECO), Myers Industries (MYE), Energy Recovery (ERII), Karat Packaging (KRT), Proto Labs (PRLB), Ituran Location and Control (ITRN), and Xometry (XMTR). These companies are all part of the "industrial products" sector.

Omega Flex vs.

Omega Flex (NASDAQ:OFLX) and Insteel Industries (NASDAQ:IIIN) are both small-cap industrial products companies, but which is the superior stock? We will compare the two companies based on the strength of their community ranking, media sentiment, risk, institutional ownership, valuation, profitability, dividends, earnings and analyst recommendations.

36.1% of Omega Flex shares are owned by institutional investors. Comparatively, 83.3% of Insteel Industries shares are owned by institutional investors. 67.1% of Omega Flex shares are owned by company insiders. Comparatively, 5.6% of Insteel Industries shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Omega Flex pays an annual dividend of $1.32 per share and has a dividend yield of 1.9%. Insteel Industries pays an annual dividend of $0.12 per share and has a dividend yield of 0.4%. Omega Flex pays out 64.4% of its earnings in the form of a dividend. Insteel Industries pays out 10.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Insteel Industries has higher revenue and earnings than Omega Flex. Insteel Industries is trading at a lower price-to-earnings ratio than Omega Flex, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Omega Flex$111.46M6.19$20.76M$2.0533.34
Insteel Industries$649.19M1.02$32.42M$1.1529.66

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Omega Flex
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Insteel Industries
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

In the previous week, Omega Flex had 5 more articles in the media than Insteel Industries. MarketBeat recorded 5 mentions for Omega Flex and 0 mentions for Insteel Industries. Omega Flex's average media sentiment score of 0.70 beat Insteel Industries' score of 0.00 indicating that Omega Flex is being referred to more favorably in the media.

Company Overall Sentiment
Omega Flex Positive
Insteel Industries Neutral

Insteel Industries received 17 more outperform votes than Omega Flex when rated by MarketBeat users. However, 69.26% of users gave Omega Flex an outperform vote while only 62.01% of users gave Insteel Industries an outperform vote.

CompanyUnderperformOutperform
Omega FlexOutperform Votes
187
69.26%
Underperform Votes
83
30.74%
Insteel IndustriesOutperform Votes
204
62.01%
Underperform Votes
125
37.99%

Omega Flex has a net margin of 18.63% compared to Insteel Industries' net margin of 3.71%. Omega Flex's return on equity of 27.24% beat Insteel Industries' return on equity.

Company Net Margins Return on Equity Return on Assets
Omega Flex18.63% 27.24% 21.60%
Insteel Industries 3.71%6.16%5.24%

Omega Flex has a beta of 0.37, indicating that its stock price is 63% less volatile than the S&P 500. Comparatively, Insteel Industries has a beta of 1.14, indicating that its stock price is 14% more volatile than the S&P 500.

Summary

Omega Flex beats Insteel Industries on 11 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding OFLX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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OFLX vs. The Competition

MetricOmega FlexHeating equipment, except electric & warm air; & plumbing fixtures IndustryIndustrial SectorNASDAQ Exchange
Market Cap$689.65M$5.61B$9.34B$7.49B
Dividend Yield1.93%1.76%2.04%3.96%
P/E Ratio33.3423.2820.8919.11
Price / Sales6.192.776.2991.23
Price / Cash31.6517.3115.5828.20
Price / Book8.7558.433.614.26
Net Income$20.76M$309.83M$462.42M$210.92M
7 Day Performance-1.67%-7.57%-3.70%-4.38%
1 Month Performance-6.06%-5.59%-0.62%-2.08%
1 Year Performance-36.86%-4.01%9.23%6.73%

Omega Flex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IIIN
Insteel Industries
0 of 5 stars
$36.31
-1.7%
N/A+23.4%$706.23M$649.19M31.57884
TWI
Titan International
2.1288 of 5 stars
$12.43
+1.0%
N/A+7.6%$753.88M$1.82B9.946,900Analyst Revision
Gap Up
KRNT
Kornit Digital
3.0275 of 5 stars
$16.64
flat
$24.67
+48.2%
-11.6%$794.39M$219.79M-12.61934Short Interest ↓
CECO
CECO Environmental
3.4617 of 5 stars
$23.28
-1.9%
$26.50
+13.8%
+72.3%$813.08M$544.85M62.921,200Short Interest ↓
MYE
Myers Industries
3.6829 of 5 stars
$22.36
+0.3%
$30.00
+34.2%
+5.2%$825.98M$813.07M16.942,500
ERII
Energy Recovery
4.7623 of 5 stars
$14.83
+0.7%
$25.33
+70.8%
-43.0%$846.50M$128.35M40.08269News Coverage
KRT
Karat Packaging
3.3583 of 5 stars
$28.32
-1.4%
$30.33
+7.1%
+105.2%$565.55M$405.65M17.48778Short Interest ↑
News Coverage
PRLB
Proto Labs
2.9292 of 5 stars
$34.27
+1.1%
$35.00
+2.1%
+4.4%$871.98M$503.88M51.152,415
ITRN
Ituran Location and Control
3.4493 of 5 stars
$27.59
+0.4%
$35.00
+26.9%
+20.0%$546.49M$319.98M11.502,736Positive News
XMTR
Xometry
1.9848 of 5 stars
$18.42
+0.8%
$28.67
+55.6%
+7.7%$894.84M$463.41M-13.16992

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This page (NASDAQ:OFLX) was last updated on 4/16/2024 by MarketBeat.com Staff

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