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Omega Flex NasdaqGM:OFLX Stock Report

Last Price

US$46.72

Market Cap

US$483.5m

7D

1.4%

1Y

-43.2%

Updated

27 Aug, 2024

Data

Company Financials

OFLX Stock Overview

Manufactures and sells flexible metal hoses and accessories in North America and internationally.

OFLX fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends5/6

Rewards

Risk Analysis

No risks detected for OFLX from our risk checks.

Omega Flex, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Omega Flex
Historical stock prices
Current Share PriceUS$46.72
52 Week HighUS$87.86
52 Week LowUS$43.86
Beta0.38
11 Month Change-12.13%
3 Month Change-19.95%
1 Year Change-43.21%
33 Year Change-69.26%
5 Year Change-45.68%
Change since IPO284.53%

Recent News & Updates

Some Investors May Be Worried About Omega Flex's (NASDAQ:OFLX) Returns On Capital

Jul 18
Some Investors May Be Worried About Omega Flex's (NASDAQ:OFLX) Returns On Capital

Omega Flex (NASDAQ:OFLX) Is Increasing Its Dividend To $0.34

Jun 18
Omega Flex (NASDAQ:OFLX) Is Increasing Its Dividend To $0.34

Recent updates

Some Investors May Be Worried About Omega Flex's (NASDAQ:OFLX) Returns On Capital

Jul 18
Some Investors May Be Worried About Omega Flex's (NASDAQ:OFLX) Returns On Capital

Omega Flex (NASDAQ:OFLX) Is Increasing Its Dividend To $0.34

Jun 18
Omega Flex (NASDAQ:OFLX) Is Increasing Its Dividend To $0.34

Omega Flex, Inc. (NASDAQ:OFLX) Investors Are Less Pessimistic Than Expected

May 29
Omega Flex, Inc. (NASDAQ:OFLX) Investors Are Less Pessimistic Than Expected

Shareholders Are Optimistic That Omega Flex (NASDAQ:OFLX) Will Multiply In Value

Feb 16
Shareholders Are Optimistic That Omega Flex (NASDAQ:OFLX) Will Multiply In Value

Omega Flex: Becoming More Appealing, But Valuation Still Relatively High

Jan 22

Capital Investments At Omega Flex (NASDAQ:OFLX) Point To A Promising Future

Nov 09
Capital Investments At Omega Flex (NASDAQ:OFLX) Point To A Promising Future

Investors Shouldn't Overlook The Favourable Returns On Capital At Omega Flex (NASDAQ:OFLX)

Apr 14
Investors Shouldn't Overlook The Favourable Returns On Capital At Omega Flex (NASDAQ:OFLX)

Why You Should Care About Omega Flex's (NASDAQ:OFLX) Strong Returns On Capital

Jan 12
Why You Should Care About Omega Flex's (NASDAQ:OFLX) Strong Returns On Capital

Omega Flex GAAP EPS of $0.65, revenue of $31.63M

Oct 20

Omega Flex declares $0.32 dividend

Sep 30

Why You Should Care About Omega Flex's (NASDAQ:OFLX) Strong Returns On Capital

Sep 29
Why You Should Care About Omega Flex's (NASDAQ:OFLX) Strong Returns On Capital

Does Omega Flex (NASDAQ:OFLX) Deserve A Spot On Your Watchlist?

Jul 31
Does Omega Flex (NASDAQ:OFLX) Deserve A Spot On Your Watchlist?

Here's Why I Think Omega Flex (NASDAQ:OFLX) Is An Interesting Stock

Apr 29
Here's Why I Think Omega Flex (NASDAQ:OFLX) Is An Interesting Stock

Here's Why I Think Omega Flex (NASDAQ:OFLX) Is An Interesting Stock

Jan 28
Here's Why I Think Omega Flex (NASDAQ:OFLX) Is An Interesting Stock

Omega Flex's (NASDAQ:OFLX) Dividend Will Be Increased To US$0.30

Sep 20
Omega Flex's (NASDAQ:OFLX) Dividend Will Be Increased To US$0.30

Should You Be Adding Omega Flex (NASDAQ:OFLX) To Your Watchlist Today?

Aug 04
Should You Be Adding Omega Flex (NASDAQ:OFLX) To Your Watchlist Today?

Omega Flex's (NASDAQ:OFLX) Dividend Will Be Increased To US$0.30

Jun 12
Omega Flex's (NASDAQ:OFLX) Dividend Will Be Increased To US$0.30

We Discuss Why The CEO Of Omega Flex, Inc. (NASDAQ:OFLX) Is Due For A Pay Rise

Jun 03
We Discuss Why The CEO Of Omega Flex, Inc. (NASDAQ:OFLX) Is Due For A Pay Rise

Here's What You Should Know About Omega Flex, Inc.'s (NASDAQ:OFLX) 0.7% Dividend Yield

Apr 05
Here's What You Should Know About Omega Flex, Inc.'s (NASDAQ:OFLX) 0.7% Dividend Yield

This Insider Has Just Sold Shares In Omega Flex, Inc. (NASDAQ:OFLX)

Mar 18
This Insider Has Just Sold Shares In Omega Flex, Inc. (NASDAQ:OFLX)

If You Like EPS Growth Then Check Out Omega Flex (NASDAQ:OFLX) Before It's Too Late

Mar 16
If You Like EPS Growth Then Check Out Omega Flex (NASDAQ:OFLX) Before It's Too Late

Did You Participate In Any Of Omega Flex's (NASDAQ:OFLX) Incredible 410% Return?

Feb 23
Did You Participate In Any Of Omega Flex's (NASDAQ:OFLX) Incredible 410% Return?

Declining Stock and Decent Financials: Is The Market Wrong About Omega Flex, Inc. (NASDAQ:OFLX)?

Jan 25
Declining Stock and Decent Financials: Is The Market Wrong About Omega Flex, Inc. (NASDAQ:OFLX)?

Should You Buy Omega Flex, Inc. (NASDAQ:OFLX) For Its Dividend?

Dec 30
Should You Buy Omega Flex, Inc. (NASDAQ:OFLX) For Its Dividend?

Omega Flex declares $0.28 dividend

Dec 11

A Quick Analysis On Omega Flex's (NASDAQ:OFLX) CEO Compensation

Dec 01
A Quick Analysis On Omega Flex's (NASDAQ:OFLX) CEO Compensation

Shareholder Returns

OFLXUS MachineryUS Market
7D1.4%1.8%0.6%
1Y-43.2%11.7%22.9%

Return vs Industry: OFLX underperformed the US Machinery industry which returned 13.9% over the past year.

Return vs Market: OFLX underperformed the US Market which returned 24.9% over the past year.

Price Volatility

Is OFLX's price volatile compared to industry and market?
OFLX volatility
OFLX Average Weekly Movement5.5%
Machinery Industry Average Movement5.5%
Market Average Movement6.3%
10% most volatile stocks in US Market15.1%
10% least volatile stocks in US Market3.1%

Stable Share Price: OFLX's share price has been volatile over the past 3 months.

Volatility Over Time: OFLX's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1975168Dean Rivestwww.omegaflexcorp.com

Omega Flex, Inc., together with its subsidiaries, manufactures and sells flexible metal hoses and accessories in North America and internationally. It offers flexible gas piping for use in residential and commercial buildings; fittings; containment pining; 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.

Omega Flex, Inc. Fundamentals Summary

How do Omega Flex's earnings and revenue compare to its market cap?
OFLX fundamental statistics
Market capUS$483.52m
Earnings (TTM)US$19.18m
Revenue (TTM)US$105.48m

24.6x

P/E Ratio

4.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OFLX income statement (TTM)
RevenueUS$105.48m
Cost of RevenueUS$41.22m
Gross ProfitUS$64.26m
Other ExpensesUS$45.08m
EarningsUS$19.18m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.90
Gross Margin60.92%
Net Profit Margin18.18%
Debt/Equity Ratio0%

How did OFLX perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

70%

Payout Ratio