Robert Deignan - Flexsteel Industries Independent Director

FLXS Stock  USD 37.43  0.81  2.21%   

Director

Mr. Robert E. Deignan serves as Independent Director of Flexsteel Industries Inc. He is a Senior Counsel, Baker McKenzie LLP . since 2001.
Age 75
Tenure 23 years
Address 385 Bell Street, Dubuque, IA, United States, 52001-0877
Phone563 556 7730
Webhttps://www.flexsteel.com

Flexsteel Industries Management Efficiency

The company has return on total asset (ROA) of 0.0301 % which means that it generated a profit of $0.0301 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.112 %, meaning that it created $0.112 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 Capital Employed is likely to drop to 0.05 in 2024. Return On Assets is likely to drop to 0.06 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.
The company currently holds 28.27 M in liabilities with Debt to Equity (D/E) ratio of 0.74, which is about average as compared to similar companies. Flexsteel Industries has a current ratio of 3.22, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Flexsteel Industries until it has trouble settling it off, either with new capital or with free cash flow. So, Flexsteel Industries' 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 Flexsteel Industries sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Flexsteel to invest in growth at high rates of return. When we think about Flexsteel Industries' use of debt, we should always consider it together with cash and equity.

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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. Flexsteel Industries (FLXS) is traded on NASDAQ Exchange in USA. It is located in 385 Bell Street, Dubuque, IA, United States, 52001-0877 and employs 1,700 people. Flexsteel Industries is listed under Household Durables category by Fama And French industry classification.

Management Performance

Flexsteel Industries Leadership Team

Elected by the shareholders, the Flexsteel Industries' board of directors comprises two types of representatives: Flexsteel Industries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Flexsteel. The board's role is to monitor Flexsteel Industries' management team and ensure that shareholders' interests are well served. Flexsteel Industries' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Flexsteel Industries' outside directors are responsible for providing unbiased perspectives on the board's policies.
Donald Dreher, Sr. VP, CEO of DMI Furniture Inc and President of DMI Furniture Inc
Alejandro Huerta, Treasurer CFO
Karel Czanderna, CEO and President and Director
Nancy Uridil, Independent Director
Stacy Kammes, VP Secretary
Thomas Levine, Independent Director
Robert Deignan, Independent Director
James Richardson, Sr. VP of Sales and Marketing and Director
Michael McClaflin, Chief Officer
J Davis, Independent Chairman of the Board
Steven Hall, Senior Vice President - Global Supply
Carrie Bleile, VP of Merchandising of Home Furnishings
Michael Edwards, Independent Director
Robert Maricich, Independent Director
Marcus Hamilton, CFO
Lynn Davis, Independent Chairman of the Board
Jerald Dittmer, President CEO, Director
George Santiago, General Manager of Dubuque Operations
Derek Schmidt, President Director
Carl Hayden, VP Operations
William Creekmuir, Independent Director
Mary Bottie, Independent Director
David Crimmins, Vice Management
Timothy Hall, CFO, Sr. VP of Fin., Treasurer and Secretary
Jeffrey Bertsch, Sr. VP of Corporate Services and Director
Eric Rangen, Independent Director
Timothy Newlin, VP Management
Michael Ressler, Treasurer CFO
Julia Bizzis, Sr. VP of Strategic Growth

Flexsteel 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 Flexsteel Industries 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 Flexsteel Industries 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, Flexsteel Industries' short interest history, or implied volatility extrapolated from Flexsteel Industries options trading.

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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.
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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
0.075
Dividend Share
0.6
Earnings Share
2.87
Revenue Per Share
77.229
Return On Assets
0.0301
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.