How to buy Omega Flex stock | $145.8

Omega Flex Inc is a specialty industrial machinery business based in the US. Omega Flex shares (OFLX) are listed on the NASDAQ and all prices are listed in US Dollars. Omega Flex employs 164 staff and has a trailing 12-month revenue of around 0.00.

Omega Flex stock price (NASDAQ: OFLX)

Use our graph to track the performance of OFLX stocks over time.

Omega Flex shares at a glance

• Key figures

Information last updated 2021-10-24.

Latest market close	$145.80
52-week range	$133.02 - $192.47
50-day moving average	$144.33
200-day moving average	$150.14
Wall St. target price	N/A
PE ratio	57.6218
Dividend yield	$1.14 (0.79%)
Earnings per share (TTM)	$2.42

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Is it a good time to buy Omega Flex stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Omega Flex price performance over time

Historical closes compared with the close of $145.8 from 2021-10-25

1 week (2021-10-20)	1.18%
1 month (2021-09-27)	-1.58%
3 months (2021-07-27)	-6.54%
6 months (2021-04-27)	-9.57%

1 year (2020-10-26)	-11.20%
2 years (2019-10-25)	55.06%
3 years (2018-10-26)	145.70%
5 years (2016-10-26)	277.62%

Is Omega Flex under- or over-valued?

Valuing Omega Flex stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Omega Flex's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Omega Flex's P/E ratio

Omega Flex's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 58x. In other words, Omega Flex shares trade at around 58x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Omega Flex's EBITDA

Omega Flex's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $33.6 million.

The EBITDA is a measure of a Omega Flex's overall financial performance and is widely used to measure a its profitability.

Omega Flex financials

Revenue TTM	$121.5 million
Operating margin TTM	26.87%
Gross profit TTM	$66.6 million
Return on assets TTM	29.76%
Return on equity TTM	52.91%
Profit margin	20.11%
Book value	$5.23
Market capitalisation	$1.4 billion

TTM: trailing 12 months

Shorting Omega Flex shares

There are currently 218,539 Omega Flex shares held short by investors – that's known as Omega Flex's "short interest". This figure is 0.7% down from 220,112 last month.

There are a few different ways that this level of interest in shorting Omega Flex shares can be evaluated.

Omega Flex's "short interest ratio" (SIR)

Omega Flex's "short interest ratio" (SIR) is the quantity of Omega Flex shares currently shorted divided by the average quantity of Omega Flex shares traded daily (recently around 6041.996129389). Omega Flex's SIR currently stands at 36.17. In other words for every 100,000 Omega Flex shares traded daily on the market, roughly 36170 shares are currently held short.

However Omega Flex's short interest can also be evaluated against the total number of Omega Flex shares, or, against the total number of tradable Omega Flex shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Omega Flex's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Omega Flex shares in existence, roughly 20 shares are currently held short) or 0.1168% of the tradable shares (for every 100,000 tradable Omega Flex shares, roughly 117 shares are currently held short).

A SIR above 20% would generally be considered very high, pointing to a pessimistic outlook for the share price, with a discouraging number of investors currently willing to bet against Omega Flex.

Find out more about how you can short Omega Flex stock.

Omega Flex share dividends

Dividend payout ratio: 45.36% of net profits

Recently Omega Flex has paid out, on average, around 45.36% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.83% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Omega Flex shareholders could enjoy a 0.83% return on their shares, in the form of dividend payments. In Omega Flex's case, that would currently equate to about $1.14 per share.

While Omega Flex's payout ratio might seem fairly standard, it's worth remembering that Omega Flex may be investing much of the rest of its net profits in future growth.

Omega Flex's most recent dividend payout was on 3 October 2021. The latest dividend was paid out to all shareholders who bought their shares by 23 September 2021 (the "ex-dividend date").

Omega Flex share price volatility

Over the last 12 months, Omega Flex's shares have ranged in value from as little as $133.0179 up to $192.4712. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Omega Flex's is 0.3868. This would suggest that Omega Flex's shares are less volatile than average (for this exchange).

Omega Flex overview

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.

Frequently asked questions

What percentage of Omega Flex is owned by insiders or institutions?
Currently 69.531% of Omega Flex shares are held by insiders and 37.312% by institutions. How many people work for Omega Flex?
Latest data suggests 164 work at Omega Flex. When does the fiscal year end for Omega Flex?
Omega Flex's fiscal year ends in December. Where is Omega Flex based?
Omega Flex's address is: 451 Creamery Way, Exton, PA, United States, 19341-2509 What is Omega Flex's ISIN number?
Omega Flex's international securities identification number is: US6820951043 What is Omega Flex's CUSIP number?
Omega Flex's Committee on Uniform Securities Identification Procedures number is: 682095104