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Last $34.23 USD
Change Today +1.73 / 5.32%
Volume 9.7K
OFLX On Other Exchanges
As of 8:10 PM 10/5/15 All times are local (Market data is delayed by at least 15 minutes).

omega flex inc (OFLX) Snapshot

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Day High
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52 Week High
09/14/15 - $41.06
52 Week Low
10/8/14 - $18.71
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Average Volume 10 Days
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Dividend Yield
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 principal product includes flexible gas piping, which is used in residential and commercial buildings. It serves construction, manufacturing, transportation, petrochemical, pharmaceutical, and other industries. The company sells its products directly; and 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.

140 Employees
Last Reported Date: 03/13/15
Founded in 1975

omega flex inc (OFLX) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $381.1K
Chief Operating Officer, Executive Vice Presi...
Total Annual Compensation: $305.9K
Senior Vice President of Corporate Developmen...
Total Annual Compensation: $164.4K
Compensation as of Fiscal Year 2014.

omega flex inc (OFLX) Key Developments

OmegaFlex, Inc. Elects Derek Glanvill as Director

On September 11, 2015, the board of directors of OmegaFlex, Inc. unanimously elected Derek Glanvill as a director of the company, to fill a vacancy on the board. Mr. Glanvill has been designated as a Class 2 director, and will have a term expiring at the 2016 annual shareholder meeting. Mr. Glanvill was formerly President and Chief Operating Officer of McCarthy Holdings, Inc. Mr. Glanvill will serve as a member of both the audit committee and the nominating/governance committee.

OmegaFlex, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Year 2015

OmegaFlex, Inc. reported earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net sales were $21,636,000 against $19,872,000 a year ago. Net income was $3,670,000 or $0.36 per basic and diluted share against $2,896,000 or $0.29 per basic and diluted share a year ago. For the six months, the company reported net sales were $42,609,000 against $36,461,000 a year ago. Net income was $6,812,000 or $0.68 per basic and diluted share against $5,091,000 or $0.50 per basic and diluted share a year ago. The company has experienced steady growth in sales and income over the last several years, and that has continued into 2015.

OmegaFlex, Inc., Annual General Meeting, Jun 02, 2015

OmegaFlex, Inc., Annual General Meeting, Jun 02, 2015., at 13:00 US Eastern Standard Time. Location: Reed Institute. Agenda: To elect two Class 1 directors for a three year term expiring at the 2018 annual meeting of shareholders; to ratify the appointment by the audit committee of the board of directors of McGladry LLP, as independent auditors for the company for the fiscal year ending December 31, 2015; and to transact such other business as may properly come before the annual meeting or any postponement or adjournment thereof.


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Valuation OFLX Industry Range
Price/Earnings 21.6x
Price/Sales 3.6x
Price/Book 8.1x
Price/Cash Flow 21.6x
TEV/Sales 3.4x

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