Flexsteel Industries Stock Analysis

FLXS Stock  USD 35.85  2.89  8.77%   
Flexsteel Industries is overvalued with Real Value of 32.41 and Target Price of 29.0. The main objective of Flexsteel Industries stock analysis is to determine its intrinsic value, which is an estimate of what Flexsteel Industries is worth, separate from its market price. There are two main types of Flexsteel Industries' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Flexsteel Industries' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Flexsteel Industries' stock to identify patterns and trends that may indicate its future price movements.
The Flexsteel Industries stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Flexsteel Industries is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Flexsteel Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Flexsteel Industries' ongoing operational relationships across important fundamental and technical indicators.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flexsteel Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Flexsteel Stock please use our How to Invest in Flexsteel Industries guide.

Flexsteel Stock Analysis Notes

About 23.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.36. 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 1.04. The entity last dividend was issued on the 25th of March 2024. The firm had 3:2 split on the 8th of December 1987. Flexsteel Industries, Inc., together with its subsidiaries, operates as a manufacturer, importer, and online marketer of upholstered furniture for residential and contract markets in the United States. Flexsteel Industries, Inc. was founded in 1893 and is based in Dubuque, Iowa. Flexsteel Inds is traded on NASDAQ Exchange in the United States. To learn more about Flexsteel Industries call Donald Dreher at 563 556 7730 or check out https://www.flexsteel.com.

Flexsteel Industries Quarterly Total Revenue

100.11 Million

Flexsteel Industries Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Flexsteel Industries' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Flexsteel Industries or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Flexsteel Industries had very high historical volatility over the last 90 days
About 23.0% of the company shares are held by company insiders
On 4th of April 2024 Flexsteel Industries paid $ 0.15 per share dividend to its current shareholders
Latest headline from investorplace.com: FLXS Stock Earnings Flexsteel Industries Beats EPS, Beats Revenue for Q3 2024

Flexsteel Industries Upcoming and Recent Events

Earnings reports are used by Flexsteel Industries to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: 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

Flexsteel Largest EPS Surprises

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.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2009-08-19
2009-06-300.10.120.0220 
1996-10-15
1996-09-300.190.210.0210 
1993-02-05
1992-12-310.190.17-0.0210 
View All Earnings Estimates

Flexsteel Industries Thematic Classifications

In addition to having Flexsteel Industries stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Consumer Goods Idea
Consumer Goods
USA Equities from Consumer Goods industry as classified by Fama & French

Flexsteel Stock 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
Marion Wealth Management2023-12-31
27.9 K
Northern Trust Corp2023-12-31
24.4 K
Empowered Funds, Llc2023-12-31
18.1 K
U.s. Bancorp2023-12-31
16 K
State Street Corporation2023-12-31
14.3 K
Morgan Stanley - Brokerage Accounts2023-12-31
13.9 K
Royal Bank Of Canada2023-12-31
13.4 K
T. Rowe Price Associates, Inc.2023-12-31
12.6 K
Jacobs Levy Equity Management, Inc.2023-09-30
12.4 K
Dimensional Fund Advisors, Inc.2023-12-31
403.4 K
Vanguard Group Inc2023-12-31
206.5 K
Note, although Flexsteel Industries' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Flexsteel Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 169.75 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Flexsteel Industries's market, we take the total number of its shares issued and multiply it by Flexsteel Industries's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Flexsteel Profitablity

Flexsteel Industries' profitability indicators refer to fundamental financial ratios that showcase Flexsteel Industries' ability to generate income relative to its revenue or operating costs. If, let's say, Flexsteel Industries is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Flexsteel Industries' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Flexsteel Industries' profitability requires more research than a typical breakdown of Flexsteel Industries' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.04 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.05 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.05.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.06  0.06 
Return On Capital Employed 0.05  0.05 
Return On Assets 0.06  0.06 
Return On Equity 0.12  0.08 

Management Efficiency

Flexsteel Industries has return on total asset (ROA) of 0.0313 % which means that it generated a profit of $0.0313 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1134 %, meaning that it created $0.1134 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 drop to 0.06 in 2024. Return On Capital Employed is likely to drop to 0.05 in 2024. At this time, Flexsteel Industries' Non Current Assets Total are comparatively stable compared to the past year. Non Currrent Assets Other is likely to gain to about 7.4 M in 2024, whereas Total Current Assets are likely to drop slightly above 126.8 M in 2024.
Last ReportedProjected for Next Year
Book Value Per Share 24.39  13.18 
Net Current Asset Value 0.00  0.00 
Tangible Asset Value 0.00  0.00 
Tangible Book Value Per Share 24.39  13.18 
Enterprise Value Over EBITDA 11.62  9.38 
Price Book Value Ratio 0.81  1.24 
Enterprise Value Multiple 11.62  9.38 
Price Fair Value 0.81  1.24 
Enterprise Value108.1 M71.2 M
The analysis of Flexsteel Industries' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Flexsteel Industries' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Flexsteel Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
0.0154
Forward Dividend Yield
0.0154
Forward Dividend Rate
0.6
Beta
0.564

Technical Drivers

As of the 2nd of May, Flexsteel Industries shows the Downside Deviation of 3.59, coefficient of variation of 1201.41, and Mean Deviation of 2.11. 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyzed and interpolated nineteen technical drivers for Flexsteel Industries, which can be compared to its peers. 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 35.85 per share. Given that Flexsteel Industries has jensen alpha of 0.2017, 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 Price Movement Analysis

Execute Study
null. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Flexsteel Industries middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Flexsteel Industries. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

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 Predictive Daily 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

10Q
1st of May 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
8K
29th of April 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
18th of April 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
11th of March 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
8K
8th of March 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
13A
9th of February 2024
An amended filing to the original Schedule 13G
ViewVerify
10Q
7th of February 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
8K
5th of February 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

Flexsteel Industries Forecast Models

Flexsteel Industries' time-series forecasting models are one of many Flexsteel Industries' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Flexsteel Industries' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Flexsteel Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Flexsteel Industries prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Flexsteel shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Flexsteel Industries. By using and applying Flexsteel Stock analysis, traders can create a robust methodology for identifying Flexsteel entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.03  0.04 
Operating Profit Margin 0.03  0.05 
Net Profit Margin 0.04  0.03 
Gross Profit Margin 0.21  0.24 

Current Flexsteel Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Flexsteel analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Flexsteel analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
29.0Strong Sell0Odds
Flexsteel Industries current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Flexsteel analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Flexsteel stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Flexsteel Industries, talking to its executives and customers, or listening to Flexsteel conference calls.
Flexsteel Analyst Advice Details

Flexsteel Stock Analysis Indicators

Flexsteel Industries stock analysis indicators help investors evaluate how Flexsteel Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Flexsteel Industries shares will generate the highest return on investment. By understating and applying Flexsteel Industries stock analysis, traders can identify Flexsteel Industries position entry and exit signals to maximize returns.
Begin Period Cash Flow2.2 M
Long Term Debt28.3 M
Common Stock Shares Outstanding5.4 M
Total Stockholder Equity141.6 M
Total Cashflows From Investing Activities-4.5 M
Tax Provision-5.6 M
Quarterly Earnings Growth Y O Y0.179
Property Plant And Equipment Net106.9 M
Cash And Short Term Investments3.4 M
Cash3.4 M
Accounts Payable24.7 M
Net Debt24.9 M
50 Day M A36.47
Total Current Liabilities55.1 M
Other Operating Expenses385.9 M
Non Current Assets Total119.9 M
Forward Price Earnings12.4224
Common Stock Total Equity8.3 M
Non Currrent Assets Other5.8 M
Stock Based Compensation3.2 M
When determining whether Flexsteel Industries is a strong investment it is important to analyze Flexsteel Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Flexsteel Industries' future performance. For an informed investment choice regarding Flexsteel Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flexsteel Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Flexsteel Stock please use our How to Invest in Flexsteel Industries guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.

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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.
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Is Flexsteel Industries' 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 Flexsteel Industries. If investors know Flexsteel 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 Flexsteel Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.179
Dividend Share
0.15
Earnings Share
2.87
Revenue Per Share
78.876
Quarterly Revenue Growth
0.082
The market value of Flexsteel Industries is measured differently than its book value, which is the value of Flexsteel that is recorded on the company's balance sheet. Investors also form their own opinion of Flexsteel Industries' value that differs from its market value or its book value, called intrinsic value, which is Flexsteel Industries' 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 Flexsteel Industries' market value can be influenced by many factors that don't directly affect Flexsteel Industries' 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 Flexsteel Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Flexsteel Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flexsteel Industries' 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.