Stock Alert: "Red Flag" Warning
The Wall Street legend who called the 2020 tech crash just issued a jarring warning about the AI market.
Financials
| Profit Margin | 0.19 |
| Return on Assets | 0.25 |
| Return on Equity | 0.48 |
| Revenue | 105,796,000 |
| Earnings Per Share | 1.97 |
| Revenue Per Share | 10.48 |
| Gross Profit | 66,550,000 |
| Quarterly Revenue Growth | 0.06 |
General
| Name | Omega Flex, Inc |
| Ticker | OFLX |
| Exchange | NASDAQ |
| Sector | Industrials |
| Industry | Specialty Industrial Machinery |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 164 |
About Omega Flex, Inc
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 incorporated in 1975 and is based in Exton, Pennsylvania.
Dividend
Omega Flex, Inc pays out a dividend of $1.12 per share, with a dividend yield of 1.94%.
OFLX's last dividend payment was made to shareholders on January 5, 2021.
They pay out 49.70% of their earnings out as a dividend.
Recent Dividends
| Apr 24, 2024 | $0.33 |
| Jan 4, 2024 | $0.33 |
| Oct 6, 2023 | $0.33 |
| Jul 7, 2023 | $0.33 |
| Apr 24, 2023 | $0.32 |
| Jan 4, 2023 | $0.32 |
| Oct 24, 2022 | $0.32 |
| Jul 5, 2022 | $0.32 |
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