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How to buy Omega Flex stock | $160.11

Own Omega Flex stock in just a few minutes.

Fact checked

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 151 staff and has a trailing 12-month revenue of around USD$103.9 million.

How to buy shares in Omega Flex

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Omega Flex. Find the stock by name or ticker symbol: OFLX. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Omega Flex reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$160.11, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Omega Flex, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Omega Flex. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Omega Flex share price

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

Omega Flex shares at a glance

Information last updated 2020-12-07.
Latest market closeUSD$160.11
52-week rangeUSD$49.9791 - USD$183
50-day moving average USD$151.6053
200-day moving average USD$131.7217
Wall St. target priceN/A
PE ratio 83.9923
Dividend yield USD$1.12 (0.75%)
Earnings per share (TTM) USD$1.811

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

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 $160.11 from 2020-12-09

1 week (2021-01-08) 5.20%
1 month (2020-12-16) -5.70%
3 months (2020-10-15) -11.68%
6 months (2020-07-15) 36.26%
1 year (2020-01-15) 47.44%
2 years (2019-01-15) 171.46%
3 years (2018-01-12) 141.86%
5 years (2016-01-15) 452.10%

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 84x. In other words, Omega Flex shares trade at around 84x 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 USD$24.8 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 USD$103.9 million
Operating margin TTM 23.03%
Gross profit TTM USD$70.5 million
Return on assets TTM 19.18%
Return on equity TTM 32.82%
Profit margin 17.6%
Book value $4.119
Market capitalisation USD$1.5 billion

TTM: trailing 12 months

Shorting Omega Flex shares

There are currently 313,952 Omega Flex shares held short by investors – that's known as Omega Flex's "short interest". This figure is 1% up from 310,777 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 8888.7882219706). Omega Flex's SIR currently stands at 35.32. In other words for every 100,000 Omega Flex shares traded daily on the market, roughly 35320 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 0.03% of the outstanding shares (for every 100,000 Omega Flex shares in existence, roughly 30 shares are currently held short) or 0.185% of the tradable shares (for every 100,000 tradable Omega Flex shares, roughly 185 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: 239.57% of net profits

Recently Omega Flex has paid out, on average, around 239.57% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.75% 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 0.75% return on their shares, in the form of dividend payments. In Omega Flex's case, that would currently equate to about $1.12 per share.

Omega Flex's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Omega Flex's most recent dividend payout was on 13 October 2020. The latest dividend was paid out to all shareholders who bought their shares by 2 October 2020 (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 $49.9791 up to $183. A popular way to gauge a stock's volatility is its "beta".

OFLX.US volatility(beta: 0.55)Avg. volatility(beta: 1.00)LowHigh

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 0.5454. 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. and changed its name to Omega Flex, Inc. in 1996. Omega Flex, Inc. was founded in 1975 and is based in Exton, Pennsylvania.

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