Flexsteel Industries Inc (FLXS, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on June 30, 2019. Flexsteel Industries Inc manufactures, imports and markets residential and commercial upholstered and wood furniture products in the United States. Its products include sofas, loveseats and rocker-reclining chairs. Flexsteel Industries Inc has a market cap of $130.260 million; its shares were traded at around $16.50 with and P/S ratio of 0.24. The dividend yield of Flexsteel Industries Inc stocks is 5.34%. GuruFocus has detected 3 severe warning signs with Flexsteel Industries Inc. .
For the last quarter Flexsteel Industries Inc reported a revenue of $100.2 million, compared with the revenue of $113.1 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $443.6 million, a decrease of 9.3% from the previous year. For the complete 30-year financial data, please go here.. For the last five years Flexsteel Industries Inc had an average revenue growth rate of 0.4% a year.
The reported loss per diluted share was $4.13 for the year, compared with the earnings per share of $3.02 in the previous year. The Flexsteel Industries Inc had an operating margin of -2.56%, compared with the operating margin of 4.63% a year before. The 10-year historical median operating margin of Flexsteel Industries Inc is 5.56%. The profitability rank of the company is 5 (out of 10).
At the end of the fiscal year, Flexsteel Industries Inc has the cash and cash equivalents of $22.2 million, compared with $27.8 million in the previous year. The company had no long term debt. Flexsteel Industries Inc has a financial strength rank of 9 (out of 10).
At the current stock price of $16.50, Flexsteel Industries Inc is traded at 33.1% discount to its historical median P/S valuation band of $24.68. The P/S ratio of the stock is 0.24, while the historical median P/S ratio is 0.44. The stock lost 47.26% during the past 12 months.
CEO Recent Trades:
- President & CEO Jerald K Dittmer bought 5,000 shares of FLXS stock on 08/29/2019 at the average price of $13.39. The price of the stock has increased by 23.23% since.
CFO Recent Trades:
- CFO Marcus D Hamilton bought 2,300 shares of FLXS stock on 08/29/2019 at the average price of $13.52. The price of the stock has increased by 22.04% since.
Directors and Officers Recent Trades:
- VP - Manufacturing Carl Anthony Jr. Hayden bought 2,000 shares of FLXS stock on 08/29/2019 at the average price of $13.58. The price of the stock has increased by 21.5% since.
- Chief Information Officer Michael Joseph Mcclaflin bought 2,350 shares of FLXS stock on 08/29/2019 at the average price of $13.52. The price of the stock has increased by 22.04% since.
For the complete 20-year historical financial data of FLXS, click here.
