Financial information from Flexible Solutions International (FSI, Financial) indicates a revenue drop in the first quarter to $7.5 million, down from $9.2 million in the same period last year. According to CEO Daniel B. O'Brien, the decline was partially due to some clients adjusting their inventories. However, these customers returned to their usual ordering patterns by April.
Additionally, FSI experienced reduced revenues from its ENP segment, though this area showed recovery in the second quarter. Investment income was also lower, attributed to a diminished stake in the FL LLC. The company remains optimistic about these areas showing improvement moving forward.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for Flexible Solutions International Inc (FSI, Financial) is $9.00 with a high estimate of $9.00 and a low estimate of $9.00. The average target implies an upside of 108.82% from the current price of $4.31. More detailed estimate data can be found on the Flexible Solutions International Inc (FSI) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, Flexible Solutions International Inc's (FSI, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Flexible Solutions International Inc (FSI, Financial) in one year is $3.32, suggesting a downside of 22.97% from the current price of $4.31. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Flexible Solutions International Inc (FSI) Summary page.
