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How to buy Flexsteel Industries (FLXS) stocks in Canada

Learn how to easily invest in Flexsteel Industries stocks.

Flexsteel Industries is a furnishings, fixtures & appliances business based in the US. Flexsteel Industries stocks (FLXS.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $38.06 – a decrease of 6.01% over the previous week. Flexsteel Industries employs 665 staff and has a trailing 12-month revenue of around $511.4 million.

How to buy shares in Flexsteel Industries

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – FLXS – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Is it a good time to buy Flexsteel Industries 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.

How has Coronavirus impacted Flexsteel Industries's stock price?

Since the stock market crash in March caused by coronavirus, Flexsteel Industries's stock price has had significant positive movement.

Its last market close was $26.74, which is 43.61% up on its pre-crash value of $15.08 and 167.13% up on the lowest point reached during the March crash when the stocks fell as low as $10.01.

If you had bought $1,000 worth of Flexsteel Industries stocks at the start of February 2020, those stocks would have been worth $700.81 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,629.54.

Flexsteel Industries stock price (NASDAQ:FLXS)

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

Flexsteel Industries shares at a glance

Information last updated 2022-01-09.
Latest market close$26.74
52-week range$22.68 - $50.40
50-day moving average $28.09
200-day moving average $35.71
Wall St. target price$50.00
PE ratio 8.7836
Dividend yield $0.55 (2.11%)
Earnings per share (TTM) $3.24

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Flexsteel Industries price performance over time

Historical closes compared with the close of $26.74 from 2022-01-14

1 week (2022-01-07) -6.01%
1 month (2021-12-16) 8.35%
3 months (2021-10-15) -11.57%
6 months (2021-07-16) -26.09%
1 year (2021-01-15) -23.88%
2 years (2020-01-16) 28.87%
3 years (2019-01-16) 7.48%
5 years (2017-01-13) 57.18

Is Flexsteel Industries under- or over-valued?

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

Flexsteel Industries's P/E ratio

Flexsteel Industries's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 9x. In other words, Flexsteel Industries shares trade at around 9x recent earnings.

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

Flexsteel Industries's EBITDA

Flexsteel Industries's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $30 million.

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

Flexsteel Industries financials

Revenue TTM $511.4 million
Operating margin TTM 4.85%
Gross profit TTM $96.8 million
Return on assets TTM 5.5%
Return on equity TTM 13.8%
Profit margin 4.6%
Book value $25.00
Market capitalisation $192.5 million

TTM: trailing 12 months

Flexsteel Industries share dividends

22%

Dividend payout ratio: 22.14% of net profits

Recently Flexsteel Industries has paid out, on average, around 22.14% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.11% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Flexsteel Industries shareholders could enjoy a 2.11% return on their shares, in the form of dividend payments. In Flexsteel Industries's case, that would currently equate to about $0.55 per share.

While Flexsteel Industries's payout ratio might seem low, this can signify that Flexsteel Industries is investing more in its future growth.

Flexsteel Industries's most recent dividend payout was on 2 January 2022. The latest dividend was paid out to all shareholders who bought their shares by 20 December 2021 (the "ex-dividend date").

Have Flexsteel Industries's shares ever split?

Flexsteel Industries's shares were split on a 3:2 basis on 7 December 1987. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Flexsteel Industries shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Flexsteel Industries shares which in turn could have impacted Flexsteel Industries's share price.

Flexsteel Industries share price volatility

Over the last 12 months, Flexsteel Industries's shares have ranged in value from as little as $22.675 up to $50.3964. A popular way to gauge a stock's volatility is its "beta".

FLXS.US volatility(beta: 0.82)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 Flexsteel Industries's is 0.8155. This would suggest that Flexsteel Industries's shares are less volatile than average (for this exchange).

Flexsteel Industries overview

Flexsteel Industries, Inc. , together with its subsidiaries, operates as a manufacturer, importer, and online marketer of upholstered and wooden furniture for residential and contract markets in the United States. It offers upholstered furniture, such as sofas, loveseats, chairs, reclining and rocker-reclining chairs, swivel rockers, sofa beds, convertible bedding units, occasional tables, desks, dining tables and chairs, and bedroom furniture. The company distributes its products through e-commerce channels and dealer network. Flexsteel Industries, Inc. was founded in 1893 and is based in Dubuque, Iowa. .

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