flexsteel - FLXS
FLXS
Close Chg Chg %
55.79 0.36 0.65%
Closed Market
56.15
+0.36 (0.65%)
Volume: 22.51K
Last Updated:
Nov 15, 2024, 4:00 PM EDT
Company Overview: flexsteel - FLXS
FLXS Key Data
| Open $56.02 | Day Range 55.39 - 56.70 |
| 52 Week Range 16.78 - 60.69 | Market Cap $290.56M |
| Shares Outstanding 5.21M | Public Float 3.58M |
| Beta 0.44 | Rev. Per Employee N/A |
| P/E Ratio 22.03 | EPS $2.69 |
| Yield 111.13% | Dividend $0.17 |
| EX-DIVIDEND DATE Sep 25, 2024 | SHORT INTEREST N/A |
| AVERAGE VOLUME 38.51K |
FLXS Performance
| 1 Week | -6.40% | ||
| 1 Month | 29.47% | ||
| 3 Months | 54.26% | ||
| 1 Year | 203.51% | ||
| 5 Years | 222.52% |
FLXS Analyst Ratings
- Sell
- Under
- Hold
- Over
- Buy
Number of Ratings
1
Full Ratings ➔
About flexsteel - FLXS
Flexsteel Industries, Inc. engages in the provision of manufacture, import, and marketing of residential and commercial upholstered, and wood furniture products. Its products include sofas, loveseats, chairs, reclining and rocker-reclining chairs, swivel rockers, sofa beds, convertible bedding units, occasional tables, desks, dining tables and chairs, and bedroom furniture. The company was founded in 1893 and is headquartered in Dubuque, IA.
FLXS At a Glance
Flexsteel Industries, Inc.
385 Bell Street
Dubuque, Iowa 52001-0877
| Phone | 1-563-556-7730 | Revenue | 412.75M | |
| Industry | Home Furnishings | Net Income | 10.53M | |
| Sector | Consumer Durables | 2024 Sales Growth | 4.841% | |
| Fiscal Year-end | 06 / 2025 | Employees | 1,500 | |
| View SEC Filings |
FLXS Valuation
| P/E Current | 22.026 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 16.282 |
| Price to Sales Ratio | 0.415 |
| Price to Book Ratio | 1.074 |
| Price to Cash Flow Ratio | 5.377 |
| Enterprise Value to EBITDA | 11.399 |
| Enterprise Value to Sales | 0.574 |
| Total Debt to Enterprise Value | 0.297 |
FLXS Efficiency
| Revenue/Employee | 275,168.00 |
| Income Per Employee | 7,018.667 |
| Receivables Turnover | 9.33 |
| Total Asset Turnover | 1.461 |
FLXS Liquidity
| Current Ratio | 2.572 |
| Quick Ratio | 0.973 |
| Cash Ratio | 0.079 |
FLXS Profitability
| Gross Margin | 21.137 |
| Operating Margin | 4.07 |
| Pretax Margin | 3.767 |
| Net Margin | 2.551 |
| Return on Assets | 3.727 |
| Return on Equity | 7.211 |
| Return on Total Capital | 4.769 |
| Return on Invested Capital | 4.699 |
FLXS Capital Structure
| Total Debt to Total Equity | 46.829 |
| Total Debt to Total Capital | 31.893 |
| Total Debt to Total Assets | 25.656 |
| Long-Term Debt to Equity | 41.83 |
| Long-Term Debt to Total Capital | 28.489 |
- Income Statement
- Balance Sheet
- Cash Flow Statement
Annual Financials for Flexsteel - FLXS
Collapse All in section
| All values USD millions. | 2021 | 2022 | 2023 | 2024 | 5-year trend |
|---|---|---|---|---|---|
Sales/Revenue
| 478.93M | 544.28M | 393.69M | 412.75M | |
Sales Growth
| +30.52% | +13.65% | -27.67% | +4.84% | |
Cost of Goods Sold (COGS) incl D&A
| 382.15M | 471.60M | 322.75M | 325.51M | |
COGS excluding D&A
| - | - | - | - | - |
Depreciation & Amortization Expense
| 5.21M | 5.17M | 4.57M | 4.00M | |
Depreciation
| 5.21M | 5.17M | 4.57M | 4.00M | |
Amortization of Intangibles
| - | - | - | - | - |
COGS Growth
| +23.02% | +23.41% | -31.56% | +0.86% | |
Gross Income
| 96.78M | 72.68M | 70.95M | 87.24M | |
Gross Income Growth
| +71.91% | -24.90% | -2.38% | +22.97% | |
Gross Profit Margin
| +20.21% | +13.35% | +18.02% | +21.14% |
| 2021 | 2022 | 2023 | 2024 | 5-year trend | |
|---|---|---|---|---|---|
SG&A Expense
| 67.98M | 66.73M | 62.85M | 70.44M | |
Research & Development
| 1.90M | 2.90M | 2.10M | 2.10M | |
Other SG&A
| 66.08M | 63.83M | 60.75M | 68.34M | |
SGA Growth
| -6.16% | -1.83% | -5.82% | +12.09% | |
Other Operating Expense
| - | - | - | 347.00K | - |
Unusual Expense
| 3.48M | 730.00K | (2.79M) | 2.98M | |
EBIT after Unusual Expense
| 25.32M | 5.22M | 10.54M | 13.82M | |
Non Operating Income/Expense
| 6.16M | 1.52M | 18.00K | 3.28M | |
Non-Operating Interest Income
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Interest Expense
| 10.00K | 835.00K | 1.34M | 1.55M | |
Interest Expense Growth
| -87.80% | +8,250.00% | +60.60% | +15.59% | |
Gross Interest Expense
| 10.00K | 835.00K | 1.34M | 1.55M | |
Interest Capitalized
| - | - | - | - | - |
Pretax Income
| 31.47M | 5.90M | 9.22M | 15.55M | |
Pretax Income Growth
| +193.22% | -81.24% | +56.17% | +68.67% | |
Pretax Margin
| +6.57% | +1.08% | +2.34% | +3.77% | |
Income Tax
| 8.42M | 4.05M | (5.56M) | 5.02M | |
Income Tax - Current - Domestic
| 6.31M | 4.05M | 1.59M | 6.48M | |
Income Tax - Current - Foreign
| - | - | - | - | - |
Income Tax - Deferred - Domestic
| - | 2.11M | (7.15M) | (1.45M) | |
Income Tax - Deferred - Foreign
| - | - | - | - | - |
Income Tax Credits
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Other After Tax Income (Expense)
| - | - | - | - | - |
Consolidated Net Income
| 23.05M | 1.85M | 14.78M | 10.53M | |
Minority Interest Expense
| - | - | - | - | - |
Net Income
| 23.05M | 1.85M | 14.78M | 10.53M | |
Net Income Growth
| +185.86% | -91.96% | +697.52% | -28.76% | |
Net Margin Growth
| +4.81% | +0.34% | +3.75% | +2.55% | |
Extraordinaries & Discontinued Operations
| - | - | - | - | - |
Discontinued Operations
| - | - | - | - | - |
Net Income After Extraordinaries
| 23.05M | 1.85M | 14.78M | 10.53M | |
Preferred Dividends
| - | - | - | - | - |
Net Income Available to Common
| 23.05M | 1.85M | 14.78M | 10.53M | |
EPS (Basic)
| 3.2011 | 0.2928 | 2.8283 | 2.0364 | |
EPS (Basic) Growth
| +194.87% | -90.85% | +865.95% | -28.00% | |
Basic Shares Outstanding
| 7.20M | 6.33M | 5.22M | 5.17M | |
EPS (Diluted)
| 3.0862 | 0.285 | 2.7443 | 1.9076 | |
EPS (Diluted) Growth
| +191.47% | -90.77% | +862.91% | -30.49% | |
Diluted Shares Outstanding
| 7.47M | 6.50M | 5.38M | 5.52M | |
EBITDA
| 34.01M | 11.12M | 12.33M | 20.80M | |
EBITDA Growth
| +537.23% | -67.31% | +10.87% | +68.72% | |
EBITDA Margin
| +7.10% | +2.04% | +3.13% | +5.04% |
Snapshot
| Average Recommendation | BUY | Average Target Price | 51.00 | |
| Number of Ratings | 1 | Current Quarters Estimate | 0.74 | |
| FY Report Date | 12 / 2024 | Current Year's Estimate | 3.25 | |
| Last Quarter’s Earnings | 0.74 | Median PE on CY Estimate | N/A | |
| Year Ago Earnings | 2.11 | Next Fiscal Year Estimate | 3.84 | |
| Median PE on Next FY Estimate | N/A |
Earnings Per Share
| This Quarter | Next Quarter | This Fiscal | Next Fiscal | |
|---|---|---|---|---|
| # of Estimates | 1 | 1 | 1 | 2 |
| Mean Estimate | 0.74 | 0.81 | 3.25 | 3.84 |
| High Estimates | 0.74 | 0.81 | 3.25 | 3.84 |
| Low Estimate | 0.74 | 0.81 | 3.25 | 3.84 |
| Coefficient of Variance | N/A | N/A | N/A | 0.00 |
Analysts Recommendations
| Current | 1 Month Ago | 3 Months Ago | |
|---|---|---|---|
| BUY | 1 | 1 | 1 |
| OVERWEIGHT | 0 | 0 | 0 |
| HOLD | 0 | 0 | 0 |
| UNDERWEIGHT | 0 | 0 | 0 |
| SELL | 0 | 0 | 0 |
| MEAN | Buy | Buy | Buy |
SEC Filings for Flexsteel - FLXS
| Filing Date | Type | Category | Amended |
|---|---|---|---|
| No results | |||
Insider Actions for Flexsteel - FLXS
| Date | Name | Shares | Transaction | Value |
|---|---|---|---|---|
| Aug 23, 2024 | Jerald K. Dittmer Director | 128,405 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $21.96 per share | 2,819,773.80 |
| Aug 23, 2024 | Jerald K. Dittmer Director | 125,972 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $41.1 per share | 5,177,449.20 |
| Aug 23, 2024 | Jerald K. Dittmer Director | 80,447 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Jul 3, 2024 | Jerald K. Dittmer Director | 132,039 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Jul 3, 2024 | Michael J. Mcclaflin Chief Information Officer | 36,638 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Jul 3, 2024 | Michael J. Mcclaflin Chief Information Officer | 32,478 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $31.06 per share | 1,008,766.68 |
| Jul 3, 2024 | Michael J. Mcclaflin Chief Information Officer | 33,384 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Jul 3, 2024 | Michael J. Mcclaflin Chief Information Officer | 34,626 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $31.06 per share | 1,075,483.56 |
| Jul 3, 2024 | Michael J. Mcclaflin Chief Information Officer | N/A | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Jul 3, 2024 | Michael J. Mcclaflin Chief Information Officer | N/A | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Jul 3, 2024 | Michael J. Ressler CFO | 789 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Jul 3, 2024 | Jerald K. Dittmer Director | N/A | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Jul 3, 2024 | Jerald K. Dittmer Director | N/A | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Jul 3, 2024 | Derek P. Schmidt President & CEO; Director | 136,687 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Jul 3, 2024 | Derek P. Schmidt President & CEO; Director | 3,316 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Jul 3, 2024 | Derek P. Schmidt President & CEO; Director | 10,082 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Jul 3, 2024 | Derek P. Schmidt President & CEO; Director | N/A | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Jul 3, 2024 | Derek P. Schmidt President & CEO; Director | N/A | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Jul 3, 2024 | Derek P. Schmidt President & CEO; Director | 139,932 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $31.06 per share | 4,346,287.92 |
| Jul 3, 2024 | Derek P. Schmidt President & CEO; Director | 143,942 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |