FLXS - Flexsteel Industries Inc Stock Price, Fair Value and News

35.50USD-0.21 (-0.59%)Delayed

Market Summary

USD35.50-0.21

Delayed

-0.59%

FLXS Stock Price

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FLXS RSI Chart

FLXS Valuation

Market Cap

183.0M

Price/Earnings (Trailing)

11.61

Price/Sales (Trailing)

0.45

EV/EBITDA

9.95

Price/Free Cashflow

16.15

FLXS Price/Sales (Trailing)

FLXS Profitability

EBT Margin

2.92%

Return on Equity

10.85%

Return on Assets

5.76%

Free Cashflow Yield

6.19%

FLXS Fundamentals

FLXS Revenue

Revenue (TTM)

407.7M

Rev. Growth (Yr)

8.25%

Rev. Growth (Qtr)

7.1%

FLXS Earnings

Earnings (TTM)

15.8M

Earnings Growth (Yr)

22.24%

Earnings Growth (Qtr)

-40.9%

Breaking Down FLXS Revenue

Last 7 days

2.3%

Last 30 days

-5.3%

Last 90 days

6.3%

Trailing 12 Months

106.8%

How does FLXS drawdown profile look like?

FLXS Financial Health

Current Ratio

2.79

FLXS Investor Care

Dividend Yield

1.69%

Dividend/Share (TTM)

0.6

Shares Dilution (1Y)

0.10%

Diluted EPS (TTM)

2.95

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	407.7M	0	0	0
2023	412.4M	393.7M	392.6M	399.6M
2022	555.9M	544.3M	502.3M	453.7M
2021	407.6M	478.9M	511.4M	533.9M
2020	402.3M	366.9M	371.8M	388.0M
2019	456.5M	443.6M	430.4M	415.0M
2018	493.5M	489.2M	482.8M	471.8M
2017	474.1M	468.8M	476.5M	487.4M
2016	498.7M	500.1M	485.6M	478.7M
2015	456.7M	466.9M	484.8M	495.8M
2014	429.4M	438.5M	442.9M	444.7M
2013	378.1M	386.2M	399.3M	417.2M
2012	342.4M	352.1M	361.8M	371.4M
2011	336.2M	339.4M	333.7M	335.9M
2010	0	326.5M	329.7M	332.9M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Flexsteel Industries Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 07, 2024	mcgovern jeanne	acquired	-	-	663	-
Mar 07, 2024	dickson kathryn p	acquired	-	-	663	-
Mar 07, 2024	creekmuir william s.	acquired	-	-	663	-
Mar 07, 2024	levine thomas m	acquired	-	-	663	-
Mar 07, 2024	culbreth michael scott	acquired	-	-	663	-
Dec 14, 2023	creekmuir william s.	acquired	-	-	1,316	-
Dec 14, 2023	bottie mary c	acquired	-	-	1,316	-
Dec 14, 2023	culbreth michael scott	acquired	-	-	1,316	-
Dec 14, 2023	mcgovern jeanne	acquired	-	-	1,316	-
Dec 14, 2023	kaness matthew	acquired	-	-	1,316	-

Which funds bought or sold FLXS recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	Ancora Advisors LLC	reduced	-56.22	-182,821	1,184,200	0.03%
May 16, 2024	JANE STREET GROUP, LLC	new	-	1,214,000	1,214,000	-%
May 15, 2024	Cubist Systematic Strategies, LLC	new	-	235,923	235,923	-%
May 15, 2024	Tower Research Capital LLC (TRC)	sold off	-100	-10,594	-	-%
May 15, 2024	MILLENNIUM MANAGEMENT LLC	new	-	2,012,000	2,012,000	-%
May 15, 2024	PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.	reduced	-55.22	-383,496	2,984,000	0.17%
May 15, 2024	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	new	-	965,000	965,000	-%
May 15, 2024	RBF Capital, LLC	unchanged	-	1,509,380	3,051,480	0.17%
May 15, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	added	2.55	1,065,030	2,099,800	0.04%
May 15, 2024	Royal Bank of Canada	reduced	-0.13	247,000	500,000	-%

Are Funds Buying or Selling FLXS?

Are funds buying FLXS calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own FLXS

No. of Funds

Unveiling Flexsteel Industries Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2024	dimensional fund advisors lp	7.8%	403,395	SC 13G/A
Nov 14, 2023	global value investment corp.	5.06%	263,003	SC 13D
Feb 14, 2023	jeffrey t. bertsch amended & restated trust dtd 12/26/1987	5.32%	275,848	SC 13G/A
Feb 14, 2023	steven h. bertsch declaration of trust dated november 6, 2020	5.99%	310,175	SC 13G/A
Feb 14, 2023	carolyn t. bleile declaration of trust dated august 8, 2001	6.36%	329,632	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	8.8%	464,857	SC 13G/A
Aug 26, 2022	jeffrey t. bertsch amended & restated trust dtd 12/26/1987	5.04%	275,848	SC 13G
Jul 08, 2022	blackrock inc.	1.9%	105,804	SC 13G
Apr 06, 2022	royce & associates lp	3.78%	245,000	SC 13G/A
Mar 23, 2022	steven h. bertsch declaration of trust dated november 6, 2020	5.47%	310,175	SC 13G

Recent SEC filings of Flexsteel Industries Inc

View All Filings

Date Filed	Form Type	Document
May 01, 2024	10-Q	Quarterly Report
Apr 29, 2024	8-K	Current Report
Apr 18, 2024	8-K	Current Report
Mar 11, 2024	4	Insider Trading
Mar 11, 2024	4	Insider Trading
Mar 11, 2024	4	Insider Trading
Mar 11, 2024	4	Insider Trading
Mar 11, 2024	4	Insider Trading
Mar 08, 2024	8-K	Current Report
Feb 09, 2024	SC 13G/A	Major Ownership Report

Peers (Alternatives to Flexsteel Industries Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
HD	341.2B	152.7B	3.46%	16.66%	22.53	2.24	-3.01%	-11.47%
LOW	132.3B	86.4B	1.01%	10.52%	17.12	1.53	-11.01%	20.02%
DHI	49.9B	37.1B	3.98%	34.73%	10.05	1.35	10.12%	-4.19%
NVR	24.0B	9.7B	-0.05%	30.30%	14.63	2.48	-6.32%	-0.14%
FND	12.7B	4.4B	9.69%	30.59%	56.7	2.9	0.72%	-24.86%
MID-CAP
MHK	7.7B	11.0B	11.19%	22.24%	-18.54	0.7	-4.50%	-196.49%
IBP	6.0B	2.8B	-5.53%	84.92%	24.08	2.14	2.57%	4.80%
WHR	5.0B	19.3B	-12.01%	-31.63%	12.43	0.26	-0.81%	119.97%
CVCO	3.1B	1.9B	6.72%	27.83%	18.29	1.69	-14.77%	-30.65%
CCS	2.8B	3.9B	11.59%	28.62%	9.69	0.72	-8.36%	-30.22%
LEG	1.6B	4.6B	-30.17%	-63.36%	-10.2	0.35	-8.52%	-158.15%
SMALL-CAP
AMWD	1.5B	1.9B	5.06%	76.78%	12.72	0.81	-10.13%	53.07%
BZH	907.0M	2.1B	10.32%	32.24%	5.65	0.42	-8.40%	-19.84%
BSET	123.6M	369.0M	5.11%	0.21%	-21.28	0.33	-22.39%	-109.49%
CRWS	53.0M	86.7M	1.77%	-1.33%	11.24	0.61	9.53%	-34.99%

Flexsteel Industries Inc News

Latest updates

Flexsteel Industries Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	7.1%	107,219	100,108	94,603	105,819	99,052	93,137	95,684	124,517	140,408	141,668	137,689	136,172	118,408	119,106	105,239	64,808	98,821	102,949	100,348	100,207	111,542
Gross Profit	6.2%	23,317	21,950	18,410	21,115	18,645	15,838	15,349	17,672	22,071	9,527	23,410	26,413	23,124	24,378	22,815	5,934	13,848	16,050	17,221	5,347	21,328
S&GA Expenses	2.0%	17,708	17,366	16,492	16,879	16,529	14,864	14,574	14,091	16,316	17,541	18,785	18,599	16,292	18,911	14,175	16,764	20,115	18,088	17,475	18,815	22,915
EBITDA Margin	3.0%	0.04*	0.04*	0.04*	0.04*	0.04*	0.04*	0.01*	0.02*	0.03*	0.03*	0.07*	0.08*	-	-	-	-	-	-	-	-	-
Interest Expenses	-31.3%	336	489	570	444	260	316	321	233	176	223	203	-	-	-	-	66.00	16.00	-	-	-	-
Income Taxes	-17.9%	857	1,044	596	-6,362	393	594	-184	3,609	336	-1,210	1,315	1,260	1,533	1,545	4,081	-5,590	-2,953	-1,588	3,218	-6,533	-4,545
Earnings Before Taxes	-35.0%	2,660	4,095	1,348	3,799	1,868	3,447	105	3,338	5,652	-8,755	5,668	7,101	6,411	9,995	7,960	-31,331	-8,223	-6,972	12,769	-26,448	-20,097
EBT Margin	5.0%	0.03*	0.03*	0.03*	0.02*	0.02*	0.03*	0.00*	0.01*	0.02*	0.02*	0.06*	0.07*	-	-	-	-	-	-	-	-	-
Net Income	-40.9%	1,803	3,051	752	10,161	1,475	2,853	289	-271	5,316	-7,545	4,353	5,841	4,878	8,450	3,879	-25,741	-5,270	-5,384	9,551	-19,915	-15,552
Net Income Margin	0.1%	0.04*	0.04*	0.04*	0.04*	0.01*	0.02*	0.00*	0.00*	0.01*	0.01*	0.05*	0.05*	-	-	-	-	-	-	-	-	-
Free Cashflow	-65.8%	5,892	17,244	-3,136	-8,666	4,399	11,350	11,116	10,916	35,757	2,603	-45,136	-17,914	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.5%	274	272	285	291	268	262	285	269	290	324	324	297	252	236	239	237	276	270	267	254	265
Current Assets	0.5%	150	149	165	171	160	153	173	190	210	242	257	229	181	185	186	182	187	172	171	166	180
Cash Equivalents	38.0%	5.00	3.00	3.00	3.00	2.00	2.00	4.00	2.00	3.00	4.00	4.00	1.00	17.00	33.00	37.00	48.00	63.00	37.00	36.00	22.00	29.00
Inventory	-8.2%	97.00	105	121	122	113	111	121	141	154	179	194	161	109	92.00	76.00	71.00	75.00	87.00	94.00	94.00	96.00
Net PPE	0.3%	40.00	40.00	39.00	39.00	38.00	38.00	39.00	39.00	39.00	38.00	39.00	40.00	40.00	40.00	41.00	43.00	75.00	75.00	76.00	79.00	83.00
Liabilities	-0.3%	129	129	144	149	135	130	154	137	149	169	154	129	88.00	67.00	69.00	62.00	74.00	60.00	53.00	49.00	39.00
Current Liabilities	10.6%	54.00	49.00	47.00	55.00	54.00	46.00	57.00	65.00	71.00	71.00	76.00	100	60.00	58.00	58.00	53.00	64.00	51.00	45.00	48.00	38.00
Shareholder's Equity	1.2%	145	144	141	142	133	132	131	132	141	155	170	168	164	168	171	176	202	209	215	205	227
Retained Earnings	0.6%	170	169	167	167	157	157	155	155	156	152	160	157	152	149	141	137	164	171	178	170	192
Additional Paid-In Capital	2.5%	39.00	38.00	37.00	37.00	36.00	36.00	35.00	34.00	35.00	36.00	35.00	34.00	33.00	33.00	32.00	32.00	31.00	31.00	29.00	28.00	27.00
Shares Outstanding	-0.1%	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	6.00	7.00	7.00	7.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	-	72.00	-	-	-	135	-	-	-	234	-	-	-	156	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-62.0%	7,195	18,947	-1,781	-7,473	5,820	11,648	12,994	11,902	37,089	3,317	-44,315	-17,291	-4,467	-8,748	-2,186	4,399	13,109	4,098	-3,319	-5,821	1,605
Share Based Compensation	-6.1%	877	934	911	719	802	845	825	-531	-631	1,020	1,162	980	775	1,029	954	997	568	1,896	1,416	441	43.00
Cashflow From Investing	23.5%	-1,303	-1,703	-1,355	-853	-1,421	-298	-1,878	-986	-1,332	-227	629	-507	-1,295	17,545	319	-417	-637	-1,274	19,113	-537	4,844
Cashflow From Financing	72.6%	-4,634	-16,905	2,744	9,282	-3,764	-13,547	-9,329	-12,135	-36,441	-2,998	46,339	2,169	-10,563	-12,048	-9,783	-18,325	12,734	-1,726	-1,805	18.00	-3,443
Dividend Payments	-100.0%	-	792	879	-	1,563	811	867	851	-	2,010	1,050	2.00	1,085	1,081	454	1,762	1,775	1,747	1,738	-17.00	3,472

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FLXS Income Statement

2024-03-31

Consolidated Statements Of Income And Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
Consolidated Statements Of Income And Comprehensive Income [Abstract]
Net sales	$ 107,219	$ 99,052	$ 301,930	$ 287,873
Cost of goods sold	83,902	80,407	238,253	238,041
Gross profit	23,317	18,645	63,677	49,832
Selling, general and administrative expenses	17,708	16,529	51,566	45,967
Environmental remediation				(2,788)
Restructuring expense	2,627		2,627
Other expense				347
Operating income	2,982	2,116	9,484	6,306
Interest expense	336	260	1,395	897
Other (income)	(14)	(12)	(14)	(11)
Income before income taxes	2,660	1,868	8,103	5,420
Income tax provision	857	393	2,497	803
Net income and comprehensive income	$ 1,803	$ 1,475	$ 5,606	$ 4,617
Weighted average number of common shares outstanding:
Basic	5,154	5,179	5,175	5,249
Diluted	5,448	5,352	5,410	5,427
Earnings per share of common stock:
Basic	$ 0.35	$ 0.28	$ 1.08	$ 0.88
Diluted	$ 0.33	$ 0.28	$ 1.04	$ 0.85

FLXS Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Jun. 30, 2023
CURRENT ASSETS:
Cash and cash equivalents	$ 4,570	$ 3,365
Trade receivables - less allowances: March 31, 2024, $2,451, June 30, 2023, $2,600	38,884	38,168
Inventories	96,589	122,076
Other	9,235	6,417
Assets held for sale	616	616
Total current assets	149,894	170,642
NONCURRENT ASSETS:
Property, plant and equipment, net	39,963	38,652
Operating lease right-of-use assets	63,398	68,294
Deferred income taxes	7,080	7,154
Other assets	13,431	5,808
TOTAL ASSETS	273,766	290,550
CURRENT LIABILITIES:
Accounts payable - trade	21,655	24,745
Current portion of operating lease liabilities	7,615	7,179
Accrued liabilities:
Payroll and related items	9,306	9,955
Insurance	2,214	1,920
Restructuring costs	1,825
Sales and advertising related items	4,568	5,358
Other	6,554	5,948
Total current liabilities	53,737	55,105
LONG-TERM LIABILITIES:
Operating lease liabilities, less current maturities	59,892	64,974
Line of credit	14,184	28,273
Other liabilities	689	577
Total liabilities	128,502	148,929
SHAREHOLDERS' EQUITY:
Common stock - $1 par value; authorized 15,000 shares; 8,363 shares issued and 5,156 outstanding as of March 31, 2024; 8,292 shares issued and 5,174 outstanding as of June 30, 2023	8,363	8,292
Additional paid-in capital	38,656	36,605
Treasury stock, at cost; 3,207 shares, and 3,118 shares as of March 31, 2024, and June 30, 2023, respectively	(71,732)	(70,072)
Retained earnings	169,977	166,796
Total shareholders' equity	145,264	141,621
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 273,766	$ 290,550

About Flexsteel Industries Inc

Flexsteel Industries, Inc., together with its subsidiaries, operates as a manufacturer, importer, and markets of upholstered furniture for residential and contract markets in the United States. It provides upholstered furniture, such as sofas, loveseats, chairs, reclining and rocker-reclining chairs, swivel rockers, sofa beds, convertible bedding units, occasional tables, desks, dining tables and chairs, kitchen storage, bedroom furniture, and outdoor furniture. The company distributes its products through e-commerce channels and dealer network. It also engages in export related activities. Flexsteel Industries, Inc. was founded in 1893 and is based in Dubuque, Iowa.

CEO	Mr. Jerald K. Dittmer
WEBSITE	flexsteel.com
INDUSTRY	Home Improvement Retail
EMPLOYEES	1700

Flexsteel Industries Inc Frequently Asked Questions

What is the ticker symbol for Flexsteel Industries Inc? What does FLXS stand for in stocks?

FLXS is the stock ticker symbol of Flexsteel Industries Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Flexsteel Industries Inc (FLXS)?

As of Fri May 17 2024, market cap of Flexsteel Industries Inc is 183.05 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FLXS stock?

You can check FLXS's fair value in chart for subscribers.

What is the fair value of FLXS stock?

You can check FLXS's fair value in chart for subscribers. The fair value of Flexsteel Industries Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Flexsteel Industries Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FLXS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Flexsteel Industries Inc a good stock to buy?

The fair value guage provides a quick view whether FLXS is over valued or under valued. Whether Flexsteel Industries Inc is cheap or expensive depends on the assumptions which impact Flexsteel Industries Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FLXS.

What is Flexsteel Industries Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, FLXS's PE ratio (Price to Earnings) is 11.61 and Price to Sales (PS) ratio is 0.45. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FLXS PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Flexsteel Industries Inc's stock?

In the past 10 years, Flexsteel Industries Inc has provided 0.03 (multiply by 100 for percentage) rate of return.