Omega FlexOFLX
OFLX
0
Funds holding %
of 7,398 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
60% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 25
0.52% less ownership
Funds ownership: 33.13% [Q3] → 32.62% (-0.52%) [Q4]
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
1% less funds holding
Funds holding: 97 [Q3] → 96 (-1) [Q4]
17% less capital invested
Capital invested by funds: $167M [Q3] → $138M (-$28.8M) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for OFLX.
Financial journalist opinion
Based on 4 articles about OFLX published over the past 30 days
Neutral
GlobeNewsWire
5 days ago
Omega Flex, Inc. Announces Regular Quarterly Dividend for the First Quarter 2025
EXTON, Pa., March 27, 2025 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announced that the Board of Directors declared a regular quarterly dividend of $0.34 per share payable on April 22, 2025, to shareholders of record on April 10, 2025. In determining the amount of future regular quarterly dividends, the Board will review the cash needs of the Company, and based on results of operations, financial condition, capital expenditure plans, and consideration of possible acquisitions, as well as such other factors as the Board of Directors may consider relevant, determine on a quarterly basis the amount of a regular quarterly dividend.
Positive
The Motley Fool
1 week ago
Omega Flex Stock: Buy, Sell, or Hold?
Omega Flex (OFLX 2.80%), a leading producer of flexible metal hose and piping products, is often considered a reliable long-term investment. Its pipes are used to deliver gas fuels in residential and commercial buildings, as well as liquid fuels for automotive customers, marinas, and back-up generators.
Positive
Zacks Investment Research
3 weeks ago
Omega Flex Stock Rises 8% Despite Q4 Earnings Falling Y/Y
OFLX sees lower Q4 earnings and sales but remains supported by a stable dividend and strong market position amid housing market challenges.
Neutral
GlobeNewsWire
3 weeks ago
Omega Flex, Inc. Announces Fourth Quarter 2024 Earnings
EXTON, Pa., March 05, 2025 (GLOBE NEWSWIRE) -- Dean W. Rivest, CEO, announced that net sales of Omega Flex, Inc. (the “Company” or “Omega Flex”) (Nasdaq: OFLX) for 2024 and 2023 were $101,681,000 and $111,465,000, respectively, decreasing $9,784,000 or 8.8%. Net Sales for the fourth quarter of 2024 were 4.2% lower than during the same period in 2023. The decrease in net sales was mainly due to lower sales unit volumes as the overall market continued to be suppressed because of, among other factors, a decline in housing starts.
Neutral
GlobeNewsWire
3 months ago
Omega Flex, Inc. Announces Regular Quarterly Dividend for the Fourth Quarter 2024
EXTON, Pa., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announced that the Board of Directors declared a regular quarterly dividend of $0.34 per share payable on January 7, 2025, to shareholders of record on December 19, 2024. In determining the amount of future regular quarterly dividends, the Board will review the cash needs of the Company, and based on results of operations, financial condition, capital expenditure plans, and consideration of possible acquisitions, as well as such other factors as the Board of Directors may consider relevant, determine on a quarterly basis the amount of a regular quarterly dividend.
Negative
Zacks Investment Research
5 months ago
Omega Flex Q3 Earnings Decline Y/Y on Lower Demand, Higher Overheads
OFLX's Q3 earnings decrease as softening demand and higher fixed costs hit margins. Despite cost-cutting efforts, the company witnesses a 9.5% revenue drop and a 17.2% decline in net income.
Neutral
GlobeNewsWire
5 months ago
Omega Flex, Inc. Announces Third Quarter 2024 Earnings
EXTON, Pa., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Dean W. Rivest, CEO, announced that net sales of Omega Flex, Inc. (the “Company”) for the first nine months of 2024 and 2023 were $74,716,000 and $83,318,000, respectively, decreasing $8,602,000 or 10.3%. Net Sales for the three months ended September 30, 2024 were 9.5% lower than for the third quarter of 2023. The decrease in net sales was mainly due to lower sales unit volumes as the overall market continued to be suppressed because of, among other factors, a decline in housing starts.
Neutral
GlobeNewsWire
6 months ago
Omega Flex, Inc. Announces Regular Quarterly Dividend for the Third Quarter 2024
EXTON, Pa., Sept. 11, 2024 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announced that the Board of Directors declared a regular quarterly dividend of $0.34 per share payable on October 8, 2024, to shareholders of record on September 26, 2024. In determining the amount of future regular quarterly dividends, the Board will review the cash needs of the Company, and based on results of operations, financial condition, capital expenditure plans, and consideration of possible acquisitions, as well as such other factors as the Board of Directors may consider relevant, determine on a quarterly basis the amount of a regular quarterly dividend.
Positive
The Motley Fool
7 months ago
A Once-in-a-Decade Opportunity: 1 Magnificent Dividend Stock Down 74% to Buy Now and Hold Forever
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.
Positive
Zacks Investment Research
7 months ago
Omega Flex (OFLX) Q2 Earnings Flat Y/Y, Cost-Cutting Measures Aid
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.
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