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The long-term trend of the EPS is a vital number as it helps understand the future potential of Omega Flex. The EPS growth rate, as it is usually called, is typically displayed as a percentage, which at this time is hard to estimate, but revenue growth has been 5.70 % over the last twelve months. EPS growth is a vital measure of execution of the strategy for Omega Flex since it indicates how well the business is allocating resources to benefit shareholders.



Omega Flex is part of the industrials sector and is in the industrial products industry. The company CEO is Kevin R. Hoben. Omega Flex Inc is a US based company engaged in the manufaturing of flexible metal hose.

Previous Intraday Performance:

The OFLX shares had a previous change of -1.73% which opened at 69.45 and closed at 68.32. It moved to an intraday high of 70.13 and a low of 68.14.

SeekingAlpha:  Omega Flex declares $0.24 dividend

Historical Performance:

Over the last five trading days, OFLX shares returned -3.26% and in the past 30 trading days it returned -21.66%. Over three months, it changed -18.71%. In one year it has changed 4.58% and within that year its 52-week high was 95.00 and its 52-week low was 53.50. OFLX stock is 27.70% above its 52 Week Low.

Our calculations result in a 200 day moving average of 71.52 and a 50 day moving average of 80.76. Right now, OFLX stock is trading -4.48% below its 200 day moving average and may be a great opportunity to buy, but should check other technical indicators to confirm a buy signal.

SeekingAlpha:  Omega Flex declares $0.24 dividend

Liquidity:

The company has a market cap of $689.5m with 10.1m shares outstanding and a float of 7.1m shares. Trading volume was 17,341 shares and has experienced an average volume of 22,823 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Omega Flex was 1.55 which ended on 31st of December 2017, which according to the previous close, that is a PE of 44.08.

Below was the last reported quarterly earnings per share:
06-30-2018:  0.47
03-31-2018:  0.41
12-31-2017:  0.44
09-30-2017:  0.40



The dividend per share is currently 0.96, which is a dividend yield of 1.41%.

Base on our calculations, the intrinsic value per share is 27.46, which means it might overvalued by -148.78%

Indicators Also to Watch:

Based on the latest filings, there is 29.20% of insider ownership and 25.30% of institutional ownership. Short-interest was 165,872, which was 1.64% of shares outstanding. The short-interest ratio or days-to-cover ratio was 7.06. This stock has some short interest, but it might be normal and no need to worry if long the position.

I calculated the beta to be 0.95

Business Wire:  INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against Pinduoduo, Inc. and Encourages Investors to Contact the Firm Before October 22

Fundamental Numbers:

Based on last reported financials, the company’s return on equity is 31.45%, return on assets is 24.36%, profit margin is 17.00%, price-to-sales is 8.80 and price-to-book is 14.86.

Company Score Card:

Results are out of six:
 0  : Growth Expectations Result
 6  : Financial Safety Result
 4  : Past Performance Result
 0  : Valuation Result
 4  : Dividend Safety Result
 2  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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