OFLX RSI Chart
Last 7 days
-1.3%
Last 30 days
-1.4%
Last 90 days
-8.5%
Trailing 12 Months
-36.3%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 106.7M | 0 | 0 | 0 |
2023 | 124.2M | 118.3M | 114.1M | 111.5M |
2022 | 130.4M | 130.2M | 130.1M | 125.5M |
2021 | 111.4M | 121.5M | 126.2M | 130.0M |
2020 | 109.8M | 104.8M | 103.9M | 105.8M |
2019 | 109.7M | 109.7M | 110.5M | 111.4M |
2018 | 101.6M | 104.6M | 106.9M | 108.3M |
2017 | 99.0M | 99.0M | 100.0M | 101.8M |
2016 | 92.9M | 95.1M | 94.5M | 94.1M |
2015 | 89.6M | 91.4M | 92.1M | 93.3M |
2014 | 77.3M | 78.3M | 82.2M | 85.2M |
2013 | 65.8M | 70.5M | 73.7M | 77.1M |
2012 | 57.2M | 58.1M | 61.2M | 64.0M |
2011 | 48.7M | 50.5M | 52.4M | 54.2M |
2010 | 0 | 0 | 0 | 46.9M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 22, 2024 | reed estate of john e | sold | - | - | -2,079,010 | - |
Mar 22, 2024 | reed stewart b | sold | - | - | -2,079,010 | - |
Mar 22, 2024 | reed stewart b | acquired | - | - | 2,079,010 | - |
Feb 28, 2024 | moran edwin b. | back to issuer | -52,942 | 70.59 | -750 | president |
Feb 28, 2024 | moran edwin b. | acquired | - | - | 750 | president |
Feb 28, 2024 | rivest dean w. | back to issuer | -52,942 | 70.59 | -750 | chief executive officer |
Feb 28, 2024 | rivest dean w. | acquired | - | - | 750 | chief executive officer |
Dec 14, 2023 | reed stewart b | gifted | - | - | -1,250 | - |
Jun 05, 2023 | hoben kevin r | gifted | - | - | -850 | chairman and ceo |
Mar 27, 2023 | reed stewart b | gifted | - | - | -1,000 | - |
Which funds bought or sold OFLX recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -4.86 | -11,151 | 248,326 | -% |
May 16, 2024 | COMERICA BANK | unchanged | - | 10,443 | 1,763,670 | 0.01% |
May 15, 2024 | TWO SIGMA INVESTMENTS, LP | reduced | -26.41 | -138,679 | 395,293 | -% |
May 15, 2024 | MILLENNIUM MANAGEMENT LLC | sold off | -100 | -233,529 | - | -% |
May 15, 2024 | Tower Research Capital LLC (TRC) | reduced | -48.91 | -12,613 | 13,335 | -% |
May 15, 2024 | Royal Bank of Canada | reduced | -0.27 | 5,000 | 1,739,000 | -% |
May 15, 2024 | TWO SIGMA ADVISERS, LP | reduced | -21.43 | -62,073 | 234,069 | -% |
May 15, 2024 | GOLDMAN SACHS GROUP INC | reduced | -0.61 | -89.00 | 544,671 | -% |
May 15, 2024 | CITADEL ADVISORS LLC | reduced | -3.15 | -16,354 | 619,858 | -% |
May 15, 2024 | D. E. Shaw & Co., Inc. | reduced | -12.17 | -47,236 | 358,197 | -% |
Unveiling Omega Flex Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Omega Flex Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
CAT | 176.0B | 67.0B | 15.65 | 2.63 | ||||
GE | 175.0B | 69.5B | 49.85 | 2.52 | ||||
CMI | 39.1B | 34.0B | 18.95 | 1.15 | ||||
AME | 38.6B | 6.7B | 29.28 | 5.73 | ||||
ACM | 12.2B | 15.3B | -885.03 | 0.79 | ||||
MID-CAP | ||||||||
APG | 9.8B | 6.9B | 57.15 | 1.42 | ||||
FLR | 6.6B | 15.5B | 21.56 | 0.42 | ||||
FLS | 6.5B | 4.4B | 27.89 | 1.48 | ||||
ACA | 4.2B | 2.4B | 29.5 | 1.79 | ||||
ALG | 2.3B | 1.7B | 17.35 | 1.37 | ||||
SMALL-CAP | ||||||||
AMRC | 1.4B | 1.4B | 24.47 | 1.02 | ||||
AGX | 872.9M | 573.3M | 26.98 | 1.52 | ||||
NKLA | 732.5M | 35.8M | -0.78 | 20.44 | ||||
AMSC | 430.6M | 135.4M | -26.25 | 3.18 | ||||
ADES | 247.8M | 100.1M | -30.37 | 2.47 |
Omega Flex Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -10.4% | 25.00 | 28.00 | 27.00 | 26.00 | 30.00 | 31.00 | 32.00 | 32.00 | 31.00 | 35.00 | 32.00 | 32.00 | 31.00 | 32.00 | 27.00 | 22.00 | 25.00 | 30.00 | 28.00 | 27.00 | 27.00 |
Gross Profit | -11.1% | 15.00 | 17.00 | 17.00 | 16.00 | 19.00 | 19.00 | 20.00 | 21.00 | 19.00 | 22.00 | 20.00 | 20.00 | 20.00 | 20.00 | 17.00 | 13.00 | 16.00 | 19.00 | 18.00 | 17.00 | 17.00 |
S&GA Expenses | -0.2% | 5.00 | 5.00 | 5.00 | 5.00 | 6.00 | 5.00 | 5.00 | 6.00 | 6.00 | 6.00 | 5.00 | 5.00 | 5.00 | 5.00 | 4.00 | 4.00 | 5.00 | 5.00 | 5.00 | 4.00 | 5.00 |
EBITDA Margin | -1.6% | 0.27* | 0.27* | 0.27* | 0.27* | 0.26* | 0.26* | 0.26* | 0.26* | 0.27* | 0.28* | 0.28* | 0.28* | 0.27* | 0.26* | - | - | - | - | - | - | - |
Interest Expenses | 4.8% | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.10 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Income Taxes | -24.1% | 1.00 | 2.00 | 2.00 | 1.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 | 1.00 | 2.00 | 1.00 | 1.00 | 1.00 |
Earnings Before Taxes | -16.4% | 6.00 | 7.00 | 7.00 | 6.00 | 8.00 | 8.00 | 8.00 | 7.00 | 7.00 | 10.00 | 8.00 | 8.00 | 8.00 | 10.00 | 6.00 | 5.00 | 6.00 | 7.00 | 5.00 | 5.00 | 6.00 |
EBT Margin | -3.3% | 0.24* | 0.25* | 0.25* | 0.25* | 0.25* | 0.25* | 0.25* | 0.25* | 0.26* | 0.27* | 0.28* | 0.27* | 0.26* | 0.25* | - | - | - | - | - | - | - |
Net Income | -13.7% | 4.00 | 5.00 | 6.00 | 5.00 | 6.00 | 6.00 | 7.00 | 5.00 | 5.00 | 8.00 | 6.00 | 6.00 | 6.00 | 7.00 | 5.00 | 4.00 | 4.00 | 6.00 | 3.00 | 4.00 | 4.00 |
Net Income Margin | -3.2% | 0.18* | 0.19* | 0.19* | 0.19* | 0.19* | 0.19* | 0.19* | 0.19* | 0.19* | 0.20* | 0.20* | 0.20* | 0.20* | 0.19* | - | - | - | - | - | - | - |
Free Cashflow | -80.9% | 2.00 | 12.00 | 1.00 | 8.00 | 1.00 | 11.00 | 3.00 | 4.00 | -3.95 | 12.00 | 2.00 | 9.00 | 2.00 | 8.00 | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -1.0% | 99.00 | 100 | 96.00 | 94.00 | 94.00 | 98.00 | 93.00 | 89.00 | 84.00 | 89.00 | 83.00 | 77.00 | 70.00 | 72.00 | 63.00 | 60.00 | 57.00 | 61.00 | 93.00 | 88.00 | 85.00 |
Current Assets | -3.3% | 78.00 | 80.00 | 75.00 | 73.00 | 73.00 | 76.00 | 76.00 | 72.00 | 67.00 | 72.00 | 66.00 | 60.00 | 56.00 | 57.00 | 49.00 | 46.00 | 42.00 | 46.00 | 78.00 | 74.00 | 71.00 |
Cash Equivalents | -2.3% | 45.00 | 46.00 | 38.00 | 40.00 | 35.00 | 38.00 | 31.00 | 30.00 | 29.00 | 33.00 | 27.00 | 28.00 | 23.00 | 24.00 | 19.00 | 19.00 | 14.00 | 16.00 | 25.00 | 24.00 | 21.00 |
Inventory | -0.1% | 16.00 | 16.00 | 16.00 | 17.00 | 18.00 | 18.00 | 22.00 | 22.00 | 18.00 | 16.00 | 13.00 | 12.00 | 12.00 | 12.00 | 11.00 | 11.00 | 11.00 | 11.00 | 10.00 | 9.00 | 9.00 |
Net PPE | 1.9% | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 8.00 | 9.00 | 8.00 | 8.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 |
Goodwill | 0% | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
Liabilities | -8.8% | 20.00 | 21.00 | 18.00 | 19.00 | 21.00 | 27.00 | 25.00 | 24.00 | 22.00 | 28.00 | 27.00 | 24.00 | 20.00 | 25.00 | 22.00 | 20.00 | 18.00 | 23.00 | 23.00 | 19.00 | 14.00 |
Current Liabilities | -20.1% | 14.00 | 18.00 | 15.00 | 16.00 | 17.00 | 22.00 | 21.00 | 20.00 | 17.00 | 23.00 | 21.00 | 19.00 | 18.00 | 22.00 | 18.00 | 18.00 | 15.00 | 20.00 | 20.00 | 16.00 | 11.00 |
Shareholder's Equity | 1.3% | 80.00 | 79.00 | 77.00 | 75.00 | 74.00 | 71.00 | 68.00 | 65.00 | 63.00 | 61.00 | 56.00 | 53.00 | 50.00 | 46.00 | 42.00 | 40.00 | 39.00 | 38.00 | 70.00 | 70.00 | 71.00 |
Retained Earnings | 1.3% | 69.00 | 68.00 | 67.00 | 65.00 | 63.00 | 61.00 | 58.00 | 55.00 | 52.00 | 50.00 | 45.00 | 42.00 | 39.00 | 36.00 | 31.00 | 29.00 | 29.00 | 27.00 | 60.00 | 59.00 | 60.00 |
Additional Paid-In Capital | 0% | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 |
Shares Outstanding | 0% | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | - | - | - | - | - |
Minority Interest | -12.3% | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Float | - | - | - | - | 344 | - | - | - | 348 | - | - | - | 451 | - | - | - | 304 | - | - | - | 221 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -77.3% | 2,704 | 11,926 | 2,039 | 7,987 | 1,470 | 10,677 | 3,696 | 4,749 | -3,876 | 11,985 | 2,184 | 8,773 | 2,207 | 7,969 | 2,038 | 8,552 | 751 | 6,368 | 4,594 | 6,035 | -956 |
Share Based Compensation | 771.4% | 61.00 | 7.00 | -144 | 20.00 | 409 | 105 | -81.00 | -148 | 280 | -73.00 | 102 | 36.00 | 441 | 47.00 | 1,264 | 609 | -467 | 510 | 817 | 399 | 746 |
Cashflow From Investing | -146.5% | -461 | -187 | -638 | -364 | -453 | -125 | -313 | -425 | -79.00 | -251 | -203 | -155 | -362 | -183 | -194 | -42.00 | -145 | 22,662 | -267 | -561 | -8,115 |
Cashflow From Financing | 0.0% | -3,332 | -3,331 | -3,332 | -3,229 | -3,232 | -3,231 | -3,230 | - | - | -6,058 | -3,156 | -2,827 | -2,826 | -2,827 | -2,826 | -2,827 | -2,826 | -38,221 | -2,963 | -2,422 | -2,422 |
Dividend Payments | 0.0% | 3,332 | 3,331 | 3,332 | 3,229 | 3,232 | 3,231 | 3,230 | - | - | 6,058 | 3,156 | 2,827 | 2,826 | 2,827 | 2,826 | 2,827 | 2,826 | 38,221 | 2,963 | 2,422 | 2,422 |
Condensed Consolidated Statements of Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Income Statement [Abstract] | ||
Net Sales | $ 25,216 | $ 29,987 |
Cost of Goods Sold | 10,117 | 11,359 |
Gross Profit | 15,099 | 18,628 |
Selling Expense | 5,352 | 5,573 |
General and Administrative Expense | 3,758 | 4,794 |
Engineering Expense | 931 | 955 |
Operating Profit | 5,058 | 7,306 |
Interest Income | 546 | 281 |
Other (Expense) Income | (29) | 31 |
Income Before Income Taxes | 5,575 | 7,618 |
Income Tax Expense | 1,375 | 1,877 |
Net Income | 4,200 | 5,741 |
Net Loss - Noncontrolling Interest | 19 | 1 |
Net Income attributable to Omega Flex, Inc. | $ 4,219 | $ 5,742 |
Earnings per common share - Basic | $ 0.42 | $ 0.57 |
Earnings per common share - Diluted | 0.42 | 0.57 |
Cash Dividends Declared per Common Share | $ 0.33 | $ 0.32 |
Weighted average shares outstanding - Basic | 10,094 | 10,094 |
Weighted average shares 0utstanding - Diluted | 10,094 | 10,094 |
Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Current Assets: | ||
Cash and Cash Equivalents | $ 45,268 | $ 46,356 |
Accounts Receivable - less allowances of $833 and $1,126, respectively | 14,271 | 15,361 |
Inventories - Net | 15,582 | 15,597 |
Other Current Assets | 2,398 | 2,874 |
Total Current Assets | 77,519 | 80,188 |
Right-Of-Use Assets - Operating | 4,622 | 2,940 |
Property and Equipment - Net | 9,125 | 8,951 |
Goodwill - Net | 3,526 | 3,526 |
Deferred Taxes | 189 | |
Other Long Term Assets | 4,418 | 4,440 |
Total Assets | 99,210 | 100,234 |
Current Liabilities: | ||
Accounts Payable | 2,857 | 2,090 |
Accrued Compensation | 600 | 3,198 |
Accrued Commissions and Sales Incentives | 2,930 | 4,428 |
Dividends Payable | 3,331 | 3,332 |
Taxes Payable | 1,299 | 190 |
Lease Liability - Operating | 387 | 454 |
Other Liabilities | 3,036 | 4,390 |
Total Current Liabilities | 14,440 | 18,082 |
Lease Liability - Operating, net of current portion | 4,297 | 2,492 |
Deferred Taxes | 21 | |
Taxes Payable Long Term | 205 | 205 |
Other Long Term Liabilities | 542 | 603 |
Total Liabilities | 19,505 | 21,382 |
Commitments and Contingencies (Note 6) | ||
Omega Flex, Inc. Shareholders’ Equity: | ||
Common Stock – par value $0.01 share: authorized 20,000,000 shares: 10,153,633 shares issued and 10,094,322 shares outstanding as of March 31, 2024 and December 31, 2023, respectively | 102 | 102 |
Treasury Stock | (1) | (1) |
Paid-in Capital | 11,025 | 11,025 |
Retained Earnings | 69,381 | 68,493 |
Accumulated Other Comprehensive Loss | (945) | (930) |
Total Omega Flex, Inc. Shareholders’ Equity | 79,562 | 78,689 |
Noncontrolling Interest | 143 | 163 |
Total Shareholders’ Equity | 79,705 | 78,852 |
Total Liabilities and Shareholders’ Equity | $ 99,210 | $ 100,234 |