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Flexsteel Industries (Flexsteel Industries) 12-1 Month Momentum %

: 87.02% (As of Today)
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12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-16), Flexsteel Industries's 12-1 Month Momentum % is 87.02%.

The industry rank for Flexsteel Industries's 12-1 Month Momentum % or its related term are showing as below:

FLXS's 12-1 Month Momentum % is ranked better than
93.87% of 424 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: -4.135 vs FLXS: 87.02

Competitive Comparison

For the Furnishings, Fixtures & Appliances subindustry, Flexsteel Industries's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Flexsteel Industries 12-1 Month Momentum % Distribution

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Flexsteel Industries's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Flexsteel Industries's 12-1 Month Momentum % falls into.



Flexsteel Industries  (NAS:FLXS) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %=( Price 1-month ago / Price 12-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Flexsteel Industries  (NAS:FLXS) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Flexsteel Industries 12-1 Month Momentum % Related Terms

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Flexsteel Industries (Flexsteel Industries) Business Description

Traded in Other Exchanges
N/A
Address
385 Bell Street, Dubuque, IA, USA, 52001-0877
Flexsteel Industries Inc is a United States-based company that manufactures, imports, and markets residential upholstered wooden furniture products. The products offering include sofas, loveseats, chairs, rockers, desks, tables, convertible bedding units, and bedroom furniture. The company's products are intended for use in home, office, hotel, healthcare, and other contract applications. A featured component in the company's upholstered furniture is the durable Blue Steel Spring. It operates in the business segment of Furniture products. The company's furniture products business involves the distribution of manufactured and imported products for residential and contract markets, of which key revenue is derived from the residential market.
Executives
Timothy Patrick Newlin officer: VP - Home Furnishings P.O. BOX 877, DUBUQUE IA 52004-0877
Derek P Schmidt officer: CFO & COO 385 BELL STREET, DUBUQUE IA 52001
Jeanne Mcgovern director 10003 WOODLOCH FOREST DRIVE, THE WOODLANDS TX 77380
Gilbert Alejandro Huerta officer: CFO P.O. BOX 877, DUBUQUE IA 52004
Thomas M Levine director P. O. BOX 877, DUBUQUE IA 52004
Kathryn P Dickson director 1245 CEDAR LAKE ROAD S., MINNEAPOLIS MN 55416
Michael Scott Culbreth director 3102 SHAWNEE DRIVE, WINCHESTER VA 22601
William S. Creekmuir director SIX CONCOURSE PARKWAY, SUITE 3300-A, ATLANTA GA 30328
Matthew Kaness director P.O. BOX 877, DUBUQUE IA 52004
Michael Joseph Mcclaflin officer: Chief Information Officer P.O. BOX 877, DUBUQUE IA 52004-0877
Jerald K Dittmer officer: President & CEO P.O. BOX 877, DUBUQUE IA 52004
Mary C Bottie director P. O. BOX 877, DUBUQUE IA 52004
Terrence Heath Willis officer: VP - Direct Commerce P.O. BOX 877, DUBUQUE IA 52004-0877
Hayden Carl Anthony Jr. officer: VP - Manufacturing P.O. BOX 877, DUBUQUE IA 52004-0877
Marcus D Hamilton officer: Chief Financial Officer P. O. BOX 877, DUBUQUE IA 52004