Is Flexsteel Industries Stock a Good Investment?
Flexsteel Industries Investment Advice | FLXS |
- Examine Flexsteel Industries' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Flexsteel Industries' leadership team and their track record. Good management can help Flexsteel Industries navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Household Durables space and any emerging trends that could impact Flexsteel Industries' business and its evolving consumer preferences.
- Compare Flexsteel Industries' performance and market position to its competitors. Analyze how Flexsteel Industries is positioned in terms of product offerings, innovation, and market share.
- Check if Flexsteel Industries pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Flexsteel Industries' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Flexsteel Industries stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Flexsteel Industries is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Flexsteel Industries Stock
Researching Flexsteel Industries' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 30.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.99. Some equities with similar Price to Book (P/B) outperform the market in the long run. Flexsteel Industries has Price/Earnings To Growth (PEG) ratio of 1.51. The entity last dividend was issued on the 25th of September 2024. The firm had 3:2 split on the 8th of December 1987.
To determine if Flexsteel Industries is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Flexsteel Industries' research are outlined below:
| Flexsteel Industries appears to be risky and price may revert if volatility continues | |
| Flexsteel Industries is unlikely to experience financial distress in the next 2 years | |
| Flexsteel Industries has a strong financial position based on the latest SEC filings | |
| About 30.0% of the company shares are held by company insiders | |
| On 7th of October 2024 Flexsteel Industries paid $ 0.17 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Disposition of 1459 shares by Michael Ressler of Flexsteel Industries subject to Rule 16b-3 |
Flexsteel Industries uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Flexsteel Industries. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Flexsteel Industries' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 5th of February 2024 Upcoming Quarterly Report | View | |
| 6th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 19th of August 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of June 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Flexsteel Industries' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Flexsteel Industries' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2009-08-19 | 2009-06-30 | 0.1 | 0.12 | 0.02 | 20 | ||
1996-10-15 | 1996-09-30 | 0.19 | 0.21 | 0.02 | 10 | ||
1993-02-05 | 1992-12-31 | 0.19 | 0.17 | -0.02 | 10 | ||
2003-04-15 | 2003-03-31 | 0.19 | 0.22 | 0.03 | 15 | ||
2001-10-16 | 2001-09-30 | 0.06 | 0.03 | -0.03 | 50 | ||
1998-02-03 | 1997-12-31 | 0.23 | 0.2 | -0.03 | 13 | ||
1997-02-21 | 1996-12-31 | 0.2 | 0.17 | -0.03 | 15 | ||
1995-02-02 | 1994-12-31 | 0.24 | 0.21 | -0.03 | 12 |
Know Flexsteel Industries' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Flexsteel Industries is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Flexsteel Industries backward and forwards among themselves. Flexsteel Industries' institutional investor refers to the entity that pools money to purchase Flexsteel Industries' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | State Street Corp | 2024-06-30 | 49.8 K | Fmr Inc | 2024-09-30 | 37.5 K | Marion Wealth Management | 2024-09-30 | 31.7 K | Ancora Advisors Llc | 2024-06-30 | 27.9 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 27.7 K | Amvescap Plc. | 2024-06-30 | 24 K | Millennium Management Llc | 2024-06-30 | 23.4 K | Empowered Funds, Llc | 2024-06-30 | 21 K | Nations Financial Group Inc | 2024-09-30 | 17.1 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 382.8 K | Blackrock Inc | 2024-06-30 | 314.1 K |
Flexsteel Industries' market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 308.16 M.Market Cap |
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Flexsteel Industries' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.04 | 0.06 | |
| Return On Capital Employed | 0.08 | 0.12 | |
| Return On Assets | 0.04 | 0.06 | |
| Return On Equity | 0.07 | 0.08 |
Determining Flexsteel Industries' profitability involves analyzing its financial statements and using various financial metrics to determine if Flexsteel Industries is a good buy. For example, gross profit margin measures Flexsteel Industries' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Flexsteel Industries' profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Flexsteel Industries' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Flexsteel Industries. Check Flexsteel Industries' Beneish M Score to see the likelihood of Flexsteel Industries' management manipulating its earnings.
Evaluate Flexsteel Industries' management efficiency
Flexsteel Industries has return on total asset (ROA) of 0.0473 % which means that it generated a profit of $0.0473 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.094 %, meaning that it created $0.094 on every $100 dollars invested by stockholders. Flexsteel Industries' management efficiency ratios could be used to measure how well Flexsteel Industries manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.06 in 2024. Return On Capital Employed is likely to gain to 0.12 in 2024. At this time, Flexsteel Industries' Non Current Assets Total are comparatively stable compared to the past year. Net Tangible Assets is likely to gain to about 143.2 M in 2024, whereas Non Currrent Assets Other are likely to drop slightly above 7.6 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 29.08 | 30.54 | |
| Tangible Book Value Per Share | 29.08 | 30.54 | |
| Enterprise Value Over EBITDA | 11.18 | 8.35 | |
| Price Book Value Ratio | 1.13 | 1.24 | |
| Enterprise Value Multiple | 11.18 | 8.35 | |
| Price Fair Value | 1.13 | 1.24 | |
| Enterprise Value | 212.2 M | 222.8 M |
The management strategies employed by Flexsteel Industries' are designed to enhance shareholder value and ensure long-term growth. We assess the effectiveness of these strategies in our stock analysis.
Dividend Yield 0.0115 | Forward Dividend Yield 0.0115 | Forward Dividend Rate 0.68 | Beta 0.444 |
Basic technical analysis of Flexsteel Stock
As of the 1st of December, Flexsteel Industries shows the Downside Deviation of 2.05, coefficient of variation of 680.96, and Mean Deviation of 2.08. Flexsteel Industries technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Flexsteel Industries mean deviation, information ratio, as well as the relationship between the Information Ratio and downside variance to decide if Flexsteel Industries is priced favorably, providing market reflects its regular price of 59.03 per share. Given that Flexsteel Industries has jensen alpha of 0.536, we urge you to verify Flexsteel Industries's prevailing market performance to make sure the company can sustain itself at a future point.Flexsteel Industries' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Flexsteel Industries insiders, such as employees or executives, is commonly permitted as long as it does not rely on Flexsteel Industries' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Flexsteel Industries insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Flexsteel Industries' Outstanding Corporate Bonds
Flexsteel Industries issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Flexsteel Industries uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Flexsteel bonds can be classified according to their maturity, which is the date when Flexsteel Industries has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| FLEXTRONICS INTL LTD Corp BondUS33938EAU10 | View | |
| US33938XAC92 Corp BondUS33938XAC92 | View | |
| US33938XAB10 Corp BondUS33938XAB10 | View | |
| FLEX 6 15 JAN 28 Corp BondUS33938XAE58 | View | |
| US33938XAA37 Corp BondUS33938XAA37 | View | |
| FLEXIH 3363 30 JUN 31 Corp BondUS33939HAA77 | View |
Understand Flexsteel Industries' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Flexsteel Industries' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1204 | |||
| Market Risk Adjusted Performance | 1.07 | |||
| Mean Deviation | 2.08 | |||
| Semi Deviation | 1.61 | |||
| Downside Deviation | 2.05 | |||
| Coefficient Of Variation | 680.96 | |||
| Standard Deviation | 4.22 | |||
| Variance | 17.77 | |||
| Information Ratio | 0.1142 | |||
| Jensen Alpha | 0.536 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.2352 | |||
| Treynor Ratio | 1.06 | |||
| Maximum Drawdown | 33.56 | |||
| Value At Risk | (3.40) | |||
| Potential Upside | 5.14 | |||
| Downside Variance | 4.19 | |||
| Semi Variance | 2.58 | |||
| Expected Short fall | (2.50) | |||
| Skewness | 5.02 | |||
| Kurtosis | 33.56 |
| Risk Adjusted Performance | 0.1204 | |||
| Market Risk Adjusted Performance | 1.07 | |||
| Mean Deviation | 2.08 | |||
| Semi Deviation | 1.61 | |||
| Downside Deviation | 2.05 | |||
| Coefficient Of Variation | 680.96 | |||
| Standard Deviation | 4.22 | |||
| Variance | 17.77 | |||
| Information Ratio | 0.1142 | |||
| Jensen Alpha | 0.536 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.2352 | |||
| Treynor Ratio | 1.06 | |||
| Maximum Drawdown | 33.56 | |||
| Value At Risk | (3.40) | |||
| Potential Upside | 5.14 | |||
| Downside Variance | 4.19 | |||
| Semi Variance | 2.58 | |||
| Expected Short fall | (2.50) | |||
| Skewness | 5.02 | |||
| Kurtosis | 33.56 |
Consider Flexsteel Industries' intraday indicators
Flexsteel Industries intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Flexsteel Industries stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Flexsteel Industries Corporate Filings
F4 | 29th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 8th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
| 25th of October 2024 Other Reports | ViewVerify | |
10Q | 23rd of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
Flexsteel Stock media impact
Far too much social signal, news, headlines, and media speculation about Flexsteel Industries that are available to investors today. That information is available publicly through Flexsteel media outlets and privately through word of mouth or via Flexsteel internal channels. However, regardless of the origin, that massive amount of Flexsteel data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Flexsteel Industries news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Flexsteel Industries relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Flexsteel Industries' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Flexsteel Industries alpha.
Flexsteel Industries Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Flexsteel Industries can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Flexsteel Industries Corporate Management
| Stacy Kammes | VP Secretary | Profile | |
| David Crimmins | Vice Management | Profile | |
| Alejandro Huerta | Treasurer CFO | Profile | |
| Michael McClaflin | Chief Officer | Profile | |
| Timothy Newlin | VP Management | Profile |
Additional Tools for Flexsteel Stock Analysis
When running Flexsteel Industries' price analysis, check to measure Flexsteel Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Flexsteel Industries is operating at the current time. Most of Flexsteel Industries' value examination focuses on studying past and present price action to predict the probability of Flexsteel Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flexsteel Industries' price. Additionally, you may evaluate how the addition of Flexsteel Industries to your portfolios can decrease your overall portfolio volatility.