Stewart Reed - Omega Flex Independent Director

OFLX Stock  USD 66.26  1.22  1.81%   

Director

Mr. Stewart E. Reed serves as Independent Vice Chairman of the Board of the Company. Mr. Reed has served as a director of the Company since 2005, and was formerly chairman of the board from 2014 to 2018, and currently serves as vicechairman. Since 2013, Mr. Reed has served as the Chairman and Chief Executive Officer of Mestek, Inc., the Companys former parent corporation. From 2009 to 2013, he was Mesteks Vice Chairman and Chief Operating Officer. Mr. Reed has extensive knowledge and experience in managing and leading large manufacturing enterprises supplying the HVAC industry in which most of our products are distributed, and in corporate finance and accounting, and he is also a significant shareholder. Mr. Reed is a Class 1 director with a term expiring at the annual meeting of shareholders in 2021. since 2018.
Age 70
Tenure 6 years
Phone610 524 7272
Webhttps://www.omegaflexcorp.com

Stewart Reed Latest Insider Activity

Tracking and analyzing the buying and selling activities of Stewart Reed against Omega Flex stock is an integral part of due diligence when investing in Omega Flex. Stewart Reed insider activity provides valuable insight into whether Omega Flex is net buyers or sellers over its current business cycle. Note, Omega Flex insiders must abide by specific rules, including filing SEC forms every time they buy or sell Omega Flex'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Omega Flex Management Efficiency

The company has return on total asset (ROA) of 0.1629 % which means that it generated a profit of $0.1629 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2762 %, meaning that it created $0.2762 on every $100 dollars invested by stockholders. Omega Flex's management efficiency ratios could be used to measure how well Omega Flex manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 2.95 M in liabilities with Debt to Equity (D/E) ratio of 0.05, which may suggest the company is not taking enough advantage from borrowing. Omega Flex has a current ratio of 3.59, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Omega Flex until it has trouble settling it off, either with new capital or with free cash flow. So, Omega Flex's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Omega Flex sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Omega to invest in growth at high rates of return. When we think about Omega Flex's use of debt, we should always consider it together with cash and equity.

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Omega Flex, Inc., together with its subsidiaries, manufactures and sells flexible metal hoses and accessories in North America and internationally. Omega Flex, Inc. was incorporated in 1975 and is based in Exton, Pennsylvania. Omega Flex operates under Specialty Industrial Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 170 people. Omega Flex (OFLX) is traded on NASDAQ Exchange in USA. It is located in 451 Creamery Way, Exton, PA, United States, 19341-2509 and employs 168 people. Omega Flex is listed under Construction Materials category by Fama And French industry classification.

Management Performance

Omega Flex Leadership Team

Elected by the shareholders, the Omega Flex's board of directors comprises two types of representatives: Omega Flex inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Omega. The board's role is to monitor Omega Flex's management team and ensure that shareholders' interests are well served. Omega Flex's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Omega Flex's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mark Albino, COO, Executive VP, Director, Member of Executive Committee and Director of Omega Flex Limited
Edwin Moran, President Director
Bruce Klink, Independent Director
Dean Rivest, CEO Director
Susan Asch, General VP
David Evans, Independent Director
Timothy Scanlan, General Counsel and Secretary
Steven Treichel, Sr. VP of Corporate Devel. and Facilities Management
Stewart Reed, Independent Director
Kevin Hoben, CEO and President Director, Member of Executive Committee and Chairman of Omega Flex Limited
Nicholas Filler, Independent Director
Luke Hawk, Financial Controller
Paul Kane, CFO, Principal Accounting Officer and VP of Fin.
James Dubin, Director
Matthew CPA, VP CFO
Derek Glanvill, Director

Omega Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Omega Flex a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Omega Flex in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Omega Flex's short interest history, or implied volatility extrapolated from Omega Flex options trading.

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When determining whether Omega Flex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Omega Flex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Omega Flex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Omega Flex Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Omega Flex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
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When running Omega Flex's price analysis, check to measure Omega Flex's 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 Omega Flex is operating at the current time. Most of Omega Flex's value examination focuses on studying past and present price action to predict the probability of Omega Flex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Omega Flex's price. Additionally, you may evaluate how the addition of Omega Flex to your portfolios can decrease your overall portfolio volatility.
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Is Omega Flex's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Omega Flex. If investors know Omega will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Omega Flex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Omega Flex is measured differently than its book value, which is the value of Omega that is recorded on the company's balance sheet. Investors also form their own opinion of Omega Flex's value that differs from its market value or its book value, called intrinsic value, which is Omega Flex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Omega Flex's market value can be influenced by many factors that don't directly affect Omega Flex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Omega Flex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Omega Flex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Omega Flex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.