FLXS
Flexsteel Industries, Inc. [FLXS] Stock Forecast
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Flexsteel Industries, Inc. to Present at Sidoti Virtual Investor Conference, Releases Updated Investor Presentation
DUBUQUE, Iowa--(BUSINESS WIRE)--Flexsteel Industries, Inc.
3 Furniture Stocks Worth Watching in a Challenging Industry
Although rising inflation, macroeconomic uncertainty and supply-chain disruptions pose risks, focus on digitization and product innovation raise hopes for WSC, LZB and FLXS.
Flexsteel Industries, Inc. (FLXS) Q2 2023 Earnings Call Transcript
Flexsteel Industries, Inc. (NASDAQ:FLXS ) Q2 2023 Earnings Conference Call February 7, 2023 9:00 AM ET Company Participants Alejandro Huerta - CFO, Treasurer & Secretary Jerald Dittmer - President, CEO & Director Derek Schmidt - COO Conference Call Participants Anthony Lebiedzinski - Sidoti & Company JP Geygan - Global Value Investment John Deysher - Bertolet Capital Trust Operator Good morning, and welcome to the Flexsteel Industries Second Quarter Fiscal Year 2023 Earnings Conference Call. [Operator Instructions].
Flexsteel Industries (FLXS) Surpasses Q2 Earnings and Revenue Estimates
Flexsteel (FLXS) delivered earnings and revenue surprises of 700% and 3.37%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Flexsteel Industries, Inc. to Announce Second Quarter 2023 Results on Monday, February 6
DUBUQUE, Iowa--( BUSINESS WIRE )--Flexsteel Industries, Inc. (NASDAQ:FLXS) (“Flexsteel” or the “Company”), one of the largest manufacturers, importers and marketers of residential furniture products in the United States, announced today that it will issue its second quarter 2023 financial results after market close on Monday, February 6, 2023.
Are Investors Undervaluing Flexsteel Industries (FLXS) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
2 Furniture Stocks Worth Buying Despite Industry Headwinds
Although rising inflation, macroeconomic uncertainty and supply-chain disruptions pose risks, focus on digitization and product innovation raise hopes for FLXS and VIRC.
FLXS vs. WSC: Which Stock Is the Better Value Option?
FLXS vs. WSC: Which Stock Is the Better Value Option?
Is Flexsteel Industries (FLXS) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Best Value Stocks to Buy for December 19th
CIXX, FLXS and TEX made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 19, 2022.
FLXS Financial details
FLXS Financial Performance
Yearly Fundamentals Overview
Last date of statement is 2022-06-30
| Metric | History | 2018-06-30 | 2019-06-30 | 2020-06-30 | 2021-06-30 | 2022-06-30 |
|---|---|---|---|---|---|---|
| Revenue per share | 62.33 | 56.23 | 46.12 | 66.52 | 86 | |
| Net income per share | 2.25 | -4.13 | -3.37 | 3.2 | 0.29 | |
| Operating cash flow per share | 3.48 | 0.85 | 2.3 | -4.54 | 1.26 | |
| Free cash flow per share | -0.27 | -1.85 | 1.83 | -4.9 | 0.65 | |
| Cash per share | 5.57 | 2.82 | 6.06 | 0.19 | 0.35 | |
| Book value per share | 30.8 | 26.04 | 22.06 | 23.33 | 20.79 | |
| Tangible book value per share | 30.8 | 26.04 | 22.06 | 23.33 | 20.79 | |
| Share holders equity per share | 30.8 | 26.04 | 22.06 | 23.33 | 20.79 | |
| Interest debt per share | 0 | 0 | 1.52 | 4.68 | 12.47 | |
| Market cap | 313.14M | 137.43M | 100.48M | 290.81M | 113.92M | |
| Enterprise value | 285.39M | 115.18M | 64.3M | 323.12M | 189.83M | |
| P/E ratio | 17.73 | -4.21 | -3.74 | 12.62 | 61.48 | |
| Price to sales ratio | 0.64 | 0.31 | 0.27 | 0.61 | 0.21 | |
| POCF ratio | 11.47 | 20.47 | 5.49 | -8.9 | 14.25 | |
| PFCF ratio | -145.44 | -9.39 | 6.88 | -8.24 | 27.52 | |
| P/B Ratio | 1.3 | 0.67 | 0.57 | 1.73 | 0.87 | |
| PTB ratio | 1.3 | 0.67 | 0.57 | 1.73 | 0.87 | |
| EV to sales | 0.58 | 0.26 | 0.18 | 0.67 | 0.35 | |
| Enterprise value over EBITDA | 8.78 | -3.28 | -2.54 | 8.81 | 15.94 | |
| EV to operating cash flow | 10.46 | 17.16 | 3.52 | -9.88 | 23.75 | |
| EV to free cash flow | -132.55 | -7.87 | 4.4 | -9.16 | 45.85 | |
| Earnings yield | 0.06 | -0.24 | -0.27 | 0.08 | 0.02 | |
| Free cash flow yield | -0.01 | -0.11 | 0.15 | -0.12 | 0.04 | |
| Debt to equity | 0.18 | 0.24 | 0.35 | 0.77 | 1.04 | |
| Debt to assets | 0.15 | 0.19 | 0.26 | 0.43 | 0.51 | |
| Net debt to EBITDA | -0.85 | 0.63 | 1.43 | 0.88 | 6.37 | |
| Current ratio | 4.63 | 3.47 | 3.4 | 2.29 | 2.94 | |
| Interest coverage | 0 | 0 | -419.45 | 3.12K | 7.92 | |
| Income quality | 1.55 | -0.21 | -0.68 | -1.42 | 4.31 | |
| Dividend Yield | 0.02 | 0.05 | 0.07 | 0.01 | 0.03 | |
| Payout ratio | 0.38 | -0.21 | -0.26 | 0.11 | 2.11 | |
| Sales general and administrative to revenue | 0 | 0 | 0 | 0 | 0 | |
| Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
| Intangibles to total assets | 0 | 0 | 0 | 0 | 0 | |
| Capex to operating cash flow | -1.08 | -3.18 | -0.2 | 0.08 | -0.48 | |
| Capex to revenue | -0.06 | -0.05 | -0.01 | -0.01 | -0.01 | |
| Capex to depreciation | -4 | -2.87 | -0.44 | -0.5 | -0.75 | |
| Stock based compensation to revenue | 0 | 0 | 0.01 | 0.01 | 0 | |
| Graham number | 39.49 | 49.21 | 40.92 | 40.99 | 11.7 | |
| ROIC | 0.08 | -0.17 | -0.24 | 0.1 | 0.01 | |
| Return on tangible assets | 0.06 | -0.13 | -0.11 | 0.08 | 0.01 | |
| Graham Net | 10.21 | 6.19 | 5.77 | -0.68 | -5.3 | |
| Working capital | 148.71M | 118.2M | 128.38M | 128.79M | 125.44M | |
| Tangible asset value | 241.7M | 205.43M | 175.51M | 167.97M | 131.56M | |
| Net current asset value | 147.04M | 117.11M | 120.09M | 99.73M | 52.89M | |
| Invested capital | 0 | 0 | 0.07 | 0.2 | 0.59 | |
| Average receivables | 41.81M | 39.71M | 35.19M | 44.1M | 48.55M | |
| Average payables | 16.99M | 17.82M | 23.08M | 47.76M | 49.96M | |
| Average inventory | 97.8M | 94.93M | 82.11M | 115.85M | 151.17M | |
| Days sales outstanding | 30.78 | 31.4 | 32.05 | 42.67 | 27.57 | |
| Days payables outstanding | 16.08 | 17.99 | 32.27 | 64.72 | 24.88 | |
| Days of inventory on hand | 89.82 | 91.49 | 82.06 | 153.88 | 109.29 | |
| Receivables turnover | 11.86 | 11.63 | 11.39 | 8.55 | 13.24 | |
| Payables turnover | 22.69 | 20.29 | 11.31 | 5.64 | 14.67 | |
| Inventory turnover | 4.06 | 3.99 | 4.45 | 2.37 | 3.34 | |
| ROE | 0.07 | -0.16 | -0.15 | 0.14 | 0.01 | |
| Capex per share | -3.75 | -2.71 | -0.46 | -0.36 | -0.61 |
Quarterly Fundamentals Overview
Last date of statement is 2022-12-31 for Q2
| Metric | History | 2021-12-31 | 2022-03-31 | 2022-06-30 | 2022-09-30 | 2022-12-31 |
|---|---|---|---|---|---|---|
| Revenue per share | 21.2 | 22.18 | 22.76 | 18.02 | 17.71 | |
| Net income per share | -1.13 | 0.84 | -0.05 | 0.05 | 0.54 | |
| Operating cash flow per share | 0.5 | 5.86 | 2.18 | 2.45 | 2.21 | |
| Free cash flow per share | 0.39 | 5.65 | 2 | 2.09 | 2.16 | |
| Cash per share | 0.61 | 0.54 | 0.4 | 0.75 | 0.34 | |
| Book value per share | 23.21 | 22.21 | 24.05 | 24.68 | 25.12 | |
| Tangible book value per share | 23.21 | 22.21 | 24.05 | 24.68 | 25.12 | |
| Share holders equity per share | 23.21 | 22.21 | 24.05 | 24.68 | 25.12 | |
| Interest debt per share | 15.54 | 13.3 | 14.32 | 5.71 | 5.23 | |
| Market cap | 179.48M | 122.17M | 98.46M | 83.38M | 80.99M | |
| Enterprise value | 279.03M | 202.81M | 174.37M | 109.44M | 106.41M | |
| P/E ratio | -5.95 | 5.75 | -90.83 | 72.13 | 7.1 | |
| Price to sales ratio | 1.27 | 0.87 | 0.79 | 0.87 | 0.87 | |
| POCF ratio | 54.11 | 3.29 | 8.27 | 6.42 | 6.95 | |
| PFCF ratio | 68.95 | 3.42 | 9.02 | 7.5 | 7.14 | |
| P/B Ratio | 1.16 | 0.87 | 0.75 | 0.64 | 0.61 | |
| PTB ratio | 1.16 | 0.87 | 0.75 | 0.64 | 0.61 | |
| EV to sales | 1.97 | 1.44 | 1.4 | 1.14 | 1.14 | |
| Enterprise value over EBITDA | -38.77 | 28.37 | 36.64 | 70.43 | 21.66 | |
| EV to operating cash flow | 84.12 | 5.47 | 14.65 | 8.42 | 9.14 | |
| EV to free cash flow | 107.2 | 5.67 | 15.97 | 9.85 | 9.38 | |
| Earnings yield | -0.04 | 0.04 | 0 | 0 | 0.04 | |
| Free cash flow yield | 0.01 | 0.29 | 0.11 | 0.13 | 0.14 | |
| Debt to equity | 1.09 | 1.06 | 1.04 | 1.12 | 0.98 | |
| Debt to assets | 0.52 | 0.51 | 0.51 | 0.53 | 0.5 | |
| Net debt to EBITDA | -13.83 | 11.28 | 15.95 | 16.77 | 5.18 | |
| Current ratio | 3.41 | 2.95 | 2.94 | 3.29 | 3.34 | |
| Interest coverage | -38.73 | 33.03 | 15.3 | 1.33 | 11.91 | |
| Income quality | -0.44 | 6.98 | -43.92 | 44.96 | 4.08 | |
| Dividend Yield | 0.01 | 0 | 0.01 | 0.01 | 0.01 | |
| Payout ratio | -0.27 | 0 | -3.14 | 3 | 0.28 | |
| Sales general and administrative to revenue | 0 | 0 | 0 | 0 | 0 | |
| Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
| Intangibles to total assets | 0 | 0 | 0 | 0 | 0 | |
| Capex to operating cash flow | -0.22 | -0.04 | -0.08 | -0.14 | -0.03 | |
| Capex to revenue | -0.01 | -0.01 | -0.01 | -0.02 | 0 | |
| Capex to depreciation | -0.53 | -1.01 | -0.83 | -1.66 | -0.26 | |
| Stock based compensation to revenue | 0.01 | 0 | 0 | 0.01 | 0.01 | |
| Graham number | 24.28 | 20.49 | 5.18 | 5.5 | 17.51 | |
| ROIC | -0.03 | 0.02 | 0 | 0 | 0.01 | |
| Return on tangible assets | -0.02 | 0.02 | 0 | 0 | 0.01 | |
| Graham Net | -5.62 | -5.6 | -6.14 | -10.8 | -9.17 | |
| Working capital | 171.12M | 138.4M | 125.44M | 116.09M | 107.09M | |
| Tangible asset value | 155.06M | 140.6M | 131.56M | 131.09M | 132.09M | |
| Net current asset value | 73.46M | 60.27M | 52.89M | 19.32M | 22.88M | |
| Invested capital | 0.67 | 0.6 | 0.59 | 0.23 | 0.21 | |
| Average receivables | 49.12M | 47.26M | 42.82M | 37.5M | 33.28M | |
| Average payables | 41.52M | 38.68M | 35.71M | 26.59M | 19.34M | |
| Average inventory | 186.37M | 166.58M | 147.67M | 131.3M | 116.11M | |
| Days sales outstanding | 31.77 | 28.54 | 29.71 | 31.87 | 31.56 | |
| Days payables outstanding | 25.94 | 29.87 | 27.08 | 23.57 | 20.54 | |
| Days of inventory on hand | 121.94 | 117.21 | 118.95 | 135.99 | 129.03 | |
| Receivables turnover | 2.83 | 3.15 | 3.03 | 2.82 | 2.85 | |
| Payables turnover | 3.47 | 3.01 | 3.32 | 3.82 | 4.38 | |
| Inventory turnover | 0.74 | 0.77 | 0.76 | 0.66 | 0.7 | |
| ROE | -0.05 | 0.04 | 0 | 0 | 0.02 | |
| Capex per share | -0.11 | -0.21 | -0.18 | -0.35 | -0.06 |
FLXS Frequently Asked Questions
What is Flexsteel Industries, Inc. stock symbol ?
Flexsteel Industries, Inc. is a US stock , located in Dubuque of Ia and trading under the symbol FLXS
What is Flexsteel Industries, Inc. stock quote today ?
Flexsteel Industries, Inc. stock price is $19.95 today.
Is Flexsteel Industries, Inc. stock public?
Yes, Flexsteel Industries, Inc. is a publicly traded company.
Company Profile
- Volume Average 10.65K
- Market Capitalization 103.29M
- Employee 665
- CEO Mr. Jerald K. Dittmer
- Headquarters Dubuque,IA,US
- IPO Date 1980-03-17
-
Website
https://www.flexsteel.com 
Flexsteel Industries, Inc., together with its subsidiaries, operates as a manufacturer, importer, and online marketer of upholstered and wooden furniture for residential and contract markets in the United States. It offers 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, and bedroom furniture. The company distributes its products through e-commerce channels and dealer network. Flexsteel Industries, Inc. was founded in 1893 and is based in Dubuque, Iowa.
