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Omega Flex (OFLX) Company Profile

Updated Apr 18, 2019
Omega Flex has the following business profile:
Company's Full Name:Omega Flex, Inc.
Short Name:Omega Flex
Trading Ticker Symbol:OFLX
Primary Exchange:NASDAQ
Headquarter City/Country:Pennsylvania, PA
Primary Industry Sector:Capital Goods
Seconday Sub-sector:Industrial Specialties
Main Business Areas: Capital Goods, Industrial Specialties, Industrials, Diversified Industrials
Dividend Payments:Dividend History

Market and Trading Information for Omega Flex

The following details were available for trading and market data about the stock of Omega Flex as of writing:
Current Share Price:$86.49
Previous Year's Closing Price:$54.07
Percentage Price Change (YTD):59.96%
Market Cap:$872.84 million
52-week Price Range:$51.02 - $95
Dividend Per Share:$0
EPS (TTM):2
Price-Earnings (Trailing):43.33
Price-Earnings (Forward):0

Company Profile and Business Description for Omega Flex

Omega Flex, Inc., incorporated on February 6, 1975, is a manufacturer of flexible metal hose. The Company is engaged in a range of different markets, including construction, manufacturing, transportation, petrochemical, pharmaceutical and other industries. The Company operates through manufacture and sale of flexible metal hose and accessories segment. The Company's products are concentrated in residential and commercial construction, and general industrial markets. The Company's primary product, flexible gas piping, is used for gas piping within residential and commercial buildings. The Company's TracPipe and TracPipe CounterStrike flexible gas piping, along with its fittings, are distributed under AutoSnap and AutoFlare names. The Company's products are manufactured at its Exton, Pennsylvania facilities in the United States, and in Banbury, Oxfordshire in the United Kingdom. The Company has sales across all industries are generated through independent outside sales organizations, such as sales representatives, wholesalers and distributors or a combination of both. The Company has a distribution network in North America and in other global markets.

CounterStrike is designed to be resistant to damage from transient electrical arcing. CounterStrike CSST is designed to be electrically conductive and therefore disperse the energy of any electrical charge over the entire surface of the CounterStrike line. Its DoubleTrac is a double containment piping product. DoubleTrac is made and can be installed in long continuous runs. DEF-Trac is a complementary product, which is similar to DoubleTrac. DEF-Trac piping is specifically engineered to handle the demanding requirements for diesel emissions fluid (DEF). The Company uses various materials in the manufacture of its products, primarily stainless steel for its flexible metal hose and plastics for its jacketing material on TracPipe and CounterStrike flexible gas piping. It also purchases all of its AutoFlare and AutoSnapbrass fittings for use with the TracPipe and CounterStrike flexible gas piping.

The Company competes with Titeflex Corporation, Ward Manufacturing, Microflex, U. S. Hose and Hose Master.

451 Creamery Way

Peer / Competitor Companies of Industrial Specialties Sector

Along with Omega Flex, Inc., the following other peer (competitor) companies also exist within the same Industrial Specialties - Capital Goods sector whose company profile and dividend history is as follows:

▶ Align Technology (ALGN): Align Technology, Inc., incorporated on April 3, 1997, designs, manufactures and markets a system of clear aligner therapy, intra-oral scanners and computer-aided design/computer-aided manufacturing (CAD/CAM) digital services used in dentistry, ....See Detailed Company Profile  and Dividend History.

▶ Allied Healthcare Products (AHPI): Allied Healthcare Products, Inc., incorporated on December 19, 1979, manufactures a range of respiratory products used in the healthcare industry in a range of hospital and alternate site settings, including ....See Detailed Company Profile  and Dividend History.

▶ Alpha Pro Tech (APT): Alpha Pro Tech, Ltd., together with its subsidiaries, engages in developing, manufacturing, and marketing a line of disposable protective apparel, building supply products, and infection control produ....See Detailed Company Profile  and Dividend History.

▶ Applied Industrial (AIT): Applied Industrial Technologies, Inc., incorporated on September 6, 1988, is an industrial distributor in North America, Australia and New Zealand, serving maintenance, repair and operations (MRO), and original equipment manufacturing ....See Detailed Company Profile  and Dividend History.

▶ Arctic Cat (ACAT): ....See Detailed Company Profile  and Dividend History.

▶ ConforMIS (CFMS): ConforMIS, Inc., incorporated on March 26, 2004, is a medical technology company. The Company uses its iFit Image-to-Implant technology platform to develop, manufacture and sell joint replacement implants, which are ....See Detailed Company Profile  and Dividend History.

▶ DMC Global (BOOM): DMC Global Inc., formerly Dynamic Materials Corporation, incorporated on August 15, 1997, is a diversified technology company. The Company operates a family of technical product and process businesses serving the ....See Detailed Company Profile  and Dividend History.

▶ Edwards Lifesciences (EW): Edwards Lifesciences Corporation, incorporated on September 10, 1999, is a manufacturer of heart valve systems and repair products used to replace or repair a patients diseased or defective heart valve. ....See Detailed Company Profile  and Dividend History.

▶ Exactech (EXAC): Exactech, Inc. (Exactech), incorporated on November 13, 1985, develops, manufactures, markets, distributes and sells orthopedic implant devices, related surgical instrumentation and biologic services to hospitals and physicians in the United ....See Detailed Company Profile  and Dividend History.

▶ Halyard Health (HYH): Halyard Health, Inc., incorporated on February 25, 2014, is a medical technology company. The Company operates through two segments: Medical Devices and Surgical and Infection Prevention (S&IP). The Medical Devices ....See Detailed Company Profile  and Dividend History.

▶ Handy and Harman (HNH): Handy & Harman Ltd. (HNH), incorporated on May 18, 1994, is a holding company. The Company is a diversified manufacturer of engineered industrial products. Through its operating subsidiaries, HNH focuses ....See Detailed Company Profile  and Dividend History.

▶ Histogenics (HSGX): Histogenics Corporation, incorporated on July 14, 2006, is a regenerative medicine company. The Company is focused on developing and commercializing products in the musculoskeletal segment of the marketplace. The Companys ....See Detailed Company Profile  and Dividend History.

▶ Hudson (HDSN): Hudson Technologies, Inc., incorporated on January 11, 1991, is a refrigerant services company. The Companys products and services are primarily used in commercial air conditioning, industrial processing and refrigeration systems, ....See Detailed Company Profile  and Dividend History.

▶ Industrial of America (IDSA): Industrial Services of America, Inc. (ISA), incorporated on October 2, 1953, buys, processes and markets ferrous and non-ferrous metals, and other recyclable commodities. The Company operates through Recycling Segment. The ....See Detailed Company Profile  and Dividend History.

▶ Inogen (INGN): Inogen, Inc., incorporated on November 27, 2001, is a medical technology company. The Company develops, manufactures and markets portable oxygen concentrators used to deliver supplemental long-term oxygen therapy to patients ....See Detailed Company Profile  and Dividend History.

▶ Intuitive Surgical (ISRG): Intuitive Surgical, Inc. (Intuitive), incorporated on November 9, 1995, designs, manufactures and markets da Vinci Surgical Systems, and related instruments and accessories. The Companys da Vinci Surgical System consists of ....See Detailed Company Profile  and Dividend History.

▶ Invacare (IVC): Invacare Corporation, incorporated on March 23, 1971, is a manufacturer and distributor for medical equipment used in non-acute care settings. The Company designs, manufactures and distributes medical devices help people ....See Detailed Company Profile  and Dividend History.

▶ Kaman (KAMN): Kaman Corporation, incorporated on December 13, 1945, conducts business in the aerospace and distribution markets. The Company operates through two segments: Distribution and Aerospace. The Companys brands include KAflex, KAron ....See Detailed Company Profile  and Dividend History.

▶ Lakeland Industries (LAKE): Lakeland Industries, Inc. (Lakeland), incorporated on April 30, 1986, manufactures and sells a line of safety garments and accessories for the industrial and public protective clothing market. The Companys product ....See Detailed Company Profile  and Dividend History.

▶ Lawson Products (LAWS): Lawson Products, Inc., incorporated on April 16, 1982, is a distributor of products and services to the industrial, commercial, institutional, and governmental maintenance, repair and operations (MRO) marketplace. The Companys ....See Detailed Company Profile  and Dividend History.

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