Profile
Sector:
IndustrialsIndustry:
Specialty Industrial MachineryCountry:
United StatesIPO:
01 August 2005Website:
http://www.omegaflexcorp.comNext earnings report:
21 February 2025Last dividends:
26 September 2024Next dividends:
N/APrice
after hours | Fri, 01 Nov 2024 20:02:39 GMTAnalysts recommendations
Institutional Ownership
OFLX Latest News
Omega Flex is a leader in flexible metal hose manufacturing. This niche is correlated to the U.S. housing market, meaning the last two years have been rough.
Omega Flex's (OFLX) Q2 EPS holds steady at 45 cents despite a 4.7% sales decline. Effective cost management helped mitigate the impact of lower unit volumes and market challenges.
Revenues increased in Q3 2023 after four quarters of consecutive declines. Margins also improved, and the company is highly profitable. The balance sheet is very robust and the company is debt-free.
Omega Flex is a leader in flexible metal hoses and piping. As dry as that sounds, its profitability and dividends prove far more exciting.
What type of business is Omega Flex?
Omega Flex, Inc., together with its subsidiaries, manufactures and sells flexible metal hoses and accessories in North America and internationally. It offers flexible gas piping for use in residential and commercial buildings; fittings; containment pining; 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, fabricating distributors, wholesalers, 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 incorporated in 1975 and is based in Exton, Pennsylvania.
What sector is Omega Flex in?
Omega Flex is in the Industrials sector
What industry is Omega Flex in?
Omega Flex is in the Specialty Industrial Machinery industry
What country is Omega Flex from?
Omega Flex is headquartered in United States
When did Omega Flex go public?
Omega Flex initial public offering (IPO) was on 01 August 2005
What is Omega Flex website?
https://www.omegaflexcorp.com
Is Omega Flex in the S&P 500?
No, Omega Flex is not included in the S&P 500 index
Is Omega Flex in the NASDAQ 100?
No, Omega Flex is not included in the NASDAQ 100 index
Is Omega Flex in the Dow Jones?
No, Omega Flex is not included in the Dow Jones index
When was Omega Flex the previous earnings report?
No data
When does Omega Flex earnings report?
The next expected earnings date for Omega Flex is 21 February 2025