Last $17.51 USD
Change Today -0.12 / -0.68%
Volume 6.8K
As of 5:20 PM 08/21/14 All times are local (Market data is delayed by at least 15 minutes).

omega flex inc (OFLX) Snapshot

Open
$17.25
Previous Close
$17.63
Day High
$17.80
Day Low
$17.25
52 Week High
03/4/14 - $24.99
52 Week Low
08/1/14 - $15.93
Market Cap
176.7M
Average Volume 10 Days
3.4K
EPS TTM
$1.10
Shares Outstanding
10.1M
EX-Date
12/17/13
P/E TM
15.9x
Dividend
--
Dividend Yield
2.43%
Current Stock Chart for OMEGA FLEX INC (OFLX)

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omega flex inc (OFLX) Details

Omega Flex, Inc., together with its subsidiaries, manufactures and sells flexible metal hoses and accessories primarily in the United States and internationally. Its flexible metal hoses are used to carry gases and liquids within residential and commercial buildings. The company’s serves construction, manufacturing, transportation, petrochemical, pharmaceutical, and other industries. It sells its products directly, as well as through independent sales representatives, distributors, fabricating distributors, wholesalers, and original equipment manufacturers, 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.

omega flex inc (OFLX) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $370.0K
Chief Operating Officer, Executive Vice Presi...
Total Annual Compensation: $297.0K
Senior Vice President of Corporate Developmen...
Total Annual Compensation: $159.6K
Compensation as of Fiscal Year 2013.

omega flex inc (OFLX) Key Developments

Omega Flex Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Omega Flex reported earnings results for the Second Quarter and six months ended June 30, 2014. For the quarter, the company reported net sales for the three months ended June 30, 2014 increased 5.2% over the same period in 2013, picking up slightly from the first quarter which was hit hard by the unusually harsh weather conditions. For the quarter, net income was up 14.2% over last year. Basic and diluted EPS was $0.29 against $0.25 a year ago. The company reported net sales for the first six months of 2014 were 3.4% higher than last year, increasing to $36,461,000 from $35,274,000 for the periods ending June 30, 2014 and 2013, respectively. The company's net income for the first six months of 2014 was $5,091,000, compared to $4,117,000 during the same period last year, increasing 23.7%. After historical highs in net sales and net income last year, the company's results have continued to improve in 2014 despite the lackluster construction environment early in the year. Basic and diluted EPS was $0.50 against $0.41 a year ago.

OmegaFlex, Inc., Annual General Meeting, Jun 10, 2014

OmegaFlex, Inc., Annual General Meeting, Jun 10, 2014., at 13:00 Eastern Daylight. Location: Reed Institute. Agenda: To elect two Class 3 directors for a three year term expiring at the 2017 annual meeting of shareholders; to ratify the appointment by the audit committee of the board of directors of McGladry & Pullen LLP, as independent auditors for the company for the fiscal year ending December 31, 2014; and to transact such other business as may properly come before the annual meeting or any postponement or adjournment thereof.

OmegaFlex, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2014

OmegaFlex, Inc. reported earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported net sales of $16,589,000 compared to $16,382,000 a year ago. Net income attributable to the company was $2,195,000 or $0.22 basic and diluted per share compared to $1,582,000 or $0.16 basic and diluted per share a year ago. The company's results for the first quarter of 2014 improved over 2013, despite the awful weather conditions which stalled construction projects across a large portion of the United States.

 

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