OFLX: Omega Flex, Inc.

Stock

About

Omega Flex, Inc. engages in the manufacture and sale of flexible metal hose and accessories. It offers products to numerous industries, such as steel production, fuel-handling, semiconductor, medical, pharmaceutical, petrochemical, residential and commercial construction, and power generation. Its products include TracPipe CounterStrike, DoubleTrac, Def-Trac, industrial, and Meditrac. The company was founded in 1975 and is headquartered in Exton, PA.

Website
www.omegaflexcorp.com
Year Founded
1975
Employees
168
Sector
Industrials
HQ Location
Exton, PA

Current Value

$50.40

1 Year Return

-$20.30
-28.71%

Key Details

Market Cap

$492.00M

P/E Ratio

27

1Y Stock Return

-29.10%

1Y Revenue Growth

-9.88%

Dividend Yield

1.86%

Price to Book

6.0

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Stock's related to
OFLX

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News

Yahoo

Omega Flex ( NASDAQ:OFLX ) Third Quarter 2024 Results Key Financial Results Revenue: US$24.9m (down 9.5% from 3Q 2023...

Yahoo

Over the last 7 days, the United States market has experienced a 1.6% drop, yet it remains up by an impressive 30% over the past year with earnings forecasted to grow by 15% annually. In this dynamic environment, identifying stocks that offer strong growth potential and resilience can be key to uncovering undiscovered gems worth exploring this November.

Yahoo

OFLX's Q3 earnings decrease as softening demand and higher fixed costs hit margins. Despite cost-cutting efforts, the company witnesses a 9.5% revenue drop and a 17.2% decline in net income.

Yahoo

EXTON, Pa. AP) — Omega Flex Inc. OFLX) on Wednesday reported earnings of $4.6 million in its third quarter.

Yahoo

OMEGA FLEX, INC. (OFLX) Nine Months Ended September 30, Three Months Ended September 30, 2024 2023 2024 2023 Net Sales $74,716,000 $83,318,000 $24,880,000 $27,496,000 Net Income attributable to Omega Flex, Inc. $13,332,000 $15,874,000 $4,617,000 $5,576,000 Earnings Per Share – Basic and Diluted $1.32 $1.57 $0.46 $0.55 Weighted Average Shares – Basic and Diluted 10,094,322 10,094,322 10,094,322 10,094,322 EXTON, Pa., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Dean W. Rivest, CEO, announced that net sales

Finnhub

Omega Flex, Inc. Announces Third Quarter 2024 Earnings OMEGA FLEX, INC. ...

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