Flexsteel Industries Stock Price on April 27, 2024
| FLXS Stock | USD 34.70 0.40 1.14% |
Below is the normalized historical share price chart for Flexsteel Industries extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Flexsteel Industries stands at 34.70, as last reported on the 11th of May 2024, with the highest price reaching 36.14 and the lowest price hitting 34.70 during the day.
If you're considering investing in Flexsteel Stock, it is important to understand the factors that can impact its price. We consider Flexsteel Industries not too volatile. Flexsteel Industries secures Sharpe Ratio (or Efficiency) of 0.03, which denotes the company had a 0.03% return per unit of risk over the last 3 months. We have found thirty technical indicators for Flexsteel Industries, which you can use to evaluate the volatility of the firm. Please confirm Flexsteel Industries' Coefficient Of Variation of 1634.91, mean deviation of 2.23, and Downside Deviation of 3.69 to check if the risk estimate we provide is consistent with the expected return of 0.0979%.
At this time, Flexsteel Industries' Common Stock Shares Outstanding is comparatively stable compared to the past year. Stock Based Compensation To Revenue is likely to gain to 0.01 in 2024, whereas Total Stockholder Equity is likely to drop slightly above 126.1 M in 2024. . At this time, Flexsteel Industries' Price To Sales Ratio is comparatively stable compared to the past year. Price Earnings Ratio is likely to gain to 15.51 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop 4.75 in 2024. Flexsteel Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 25th of February 1992 | 200 Day MA 25.6106 | 50 Day MA 36.794 | Beta 0.596 |
Flexsteel |
Sharpe Ratio = 0.03
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Estimated Market Risk
| 3.26 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Flexsteel Industries is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Flexsteel Industries by adding it to a well-diversified portfolio.
Price Book 1.3599 | Enterprise Value Ebitda 16.3566 | Price Sales 0.4897 | Shares Float 3.6 M | Dividend Share 0.6 |
Flexsteel Industries Main Headline on 26th of April 2024
Disposition of 1459 shares by Michael Ressler of Flexsteel I... by Michael Ressler
Filed transaction by Flexsteel Industries Officer Cfo. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3
Flexsteel Industries Valuation on April 27, 2024
It is possible to determine the worth of Flexsteel Industries on a given historical date. On April 27, 2024 Flexsteel was worth 38.35 at the beginning of the trading date compared to the closed value of 37.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Flexsteel Industries stock. Still, in general, we apply an absolute valuation method to find Flexsteel Industries' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Flexsteel Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Flexsteel Industries' related companies.
| Open | High | Low | Close | Volume | |
| 38.83 | 38.93 | 38.11 | 38.63 | 13,028 | |
04/26/2024 | 38.35 | 38.78 | 37.35 | 37.61 | 18,120 |
| 37.80 | 39.20 | 37.07 | 39.03 | 20,675 |
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Flexsteel Industries Trading Date Momentum on April 27, 2024
| On April 29 2024 Flexsteel Industries was traded for 39.03 at the closing time. The top price for the day was 39.20 and the lowest listed price was 37.07 . The trading volume for the day was 20.7 K. The trading history from April 29, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 3.78% . The overall trading delta against the current closing price is 0.88% . |
Flexsteel Industries Fundamentals Correlations and Trends
By evaluating Flexsteel Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Flexsteel Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Flexsteel financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Flexsteel Industries Stock history
Flexsteel Industries investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Flexsteel is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Flexsteel Industries will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Flexsteel Industries stock prices may prove useful in developing a viable investing in Flexsteel Industries
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 6.2 M | 7.7 M | |
| Net Income Applicable To Common Shares | 13.3 M | 6.8 M |
Flexsteel Industries Quarterly Net Working Capital |
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Flexsteel Industries Stock Technical Analysis
Flexsteel Industries technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Flexsteel Industries Period Price Range
Low | April 26, 2024
| High |
38.35 | 37.61 |
Flexsteel Industries May 11, 2024 Market Strength
Market strength indicators help investors to 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 undertsting and applying Flexsteel Industries stock market strength indicators, traders can identify Flexsteel Industries entry and exit signals to maximize returns
Flexsteel Industries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Flexsteel Industries' price direction in advance. Along with the technical and fundamental analysis of Flexsteel Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Flexsteel to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0459 | |||
| Jensen Alpha | 0.1339 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0317 | |||
| Treynor Ratio | 0.247 |
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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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary 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.
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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 0.6 | Earnings Share 2.9 | 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.