Flexsteel Industries Stock Price on October 30, 2024

FLXS Stock  USD 57.89  3.97  6.42%   
Below is the normalized historical share price chart for Flexsteel Industries extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Flexsteel Industries stands at 57.89, as last reported on the 19th of December, with the highest price reaching 61.45 and the lowest price hitting 57.46 during the day.
IPO Date
25th of February 1992
200 Day MA
41.6742
50 Day MA
55.8328
Beta
0.444
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Flexsteel Stock, it is important to understand the factors that can impact its price. Flexsteel Industries appears to be very steady, given 3 months investment horizon. Flexsteel Industries secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of risk over the last 3 months. By reviewing Flexsteel Industries' technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please utilize Flexsteel Industries' Coefficient Of Variation of 742.5, downside deviation of 2.25, and Mean Deviation of 2.27 to check if our risk estimates are consistent with your expectations.
  
At this time, Flexsteel Industries' Common Stock Shares Outstanding is comparatively stable compared to the past year. Capital Stock is likely to gain to about 9 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 127.1 M in 2024. . At this time, Flexsteel Industries' Price To Sales Ratio is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 1.24 in 2024, whereas Price Earnings To Growth Ratio is likely to drop (0.61) in 2024. Flexsteel Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.122

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Estimated Market Risk

 4.34
  actual daily
38
62% of assets are more volatile

Expected Return

 0.53
  actual daily
10
90% of assets have higher returns

Risk-Adjusted Return

 0.12
  actual daily
9
91% of assets perform better
Based on monthly moving average Flexsteel Industries is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Flexsteel Industries by adding it to a well-diversified portfolio.
Price Book
2.0825
Enterprise Value Ebitda
15.2157
Price Sales
0.7142
Shares Float
3.6 M
Dividend Share
0.62

Flexsteel Industries Main Headline on 30th of October 2024

Filed transaction by Flexsteel Industries Officer: Chief Information Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

Flexsteel Industries Valuation on October 30, 2024

It is possible to determine the worth of Flexsteel Industries on a given historical date. On October 30, 2024 Flexsteel was worth 59.0 at the beginning of the trading date compared to the closed value of 58.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Flexsteel Industries stock. Still, in general, we apply an absolute valuation method to find Flexsteel Industries' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Flexsteel Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Flexsteel Industries' related companies.
 Open High Low Close Volume
  57.99    59.33    56.99    59.25    29,719  
10/30/2024
  59.00    60.05    58.26    58.46    22,263  
  58.46    59.48    58.13    58.22    17,655  
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Open Value
59.0
58.46
Closing Value
72.01
Upside

Flexsteel Industries Trading Date Momentum on October 30, 2024

On October 31 2024 Flexsteel Industries was traded for  58.22  at the closing time. The top price for the day was 59.48  and the lowest listed price was  58.13 . The trading volume for the day was 17.7 K. The trading history from October 31, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.41% . The overall trading delta against the current closing price is 2.91% .

Flexsteel Industries Fundamentals Correlations and Trends

By evaluating Flexsteel Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Flexsteel Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Flexsteel financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Flexsteel Industries Stock history

Flexsteel Industries investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Flexsteel is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Flexsteel Industries will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Flexsteel Industries stock prices may prove useful in developing a viable investing in Flexsteel Industries
Last ReportedProjected for Next Year
Common Stock Shares Outstanding5.5 M5.6 M
Net Income Applicable To Common Shares13.3 M6.8 M

Flexsteel Industries Quarterly Net Working Capital

98.28 Million

Flexsteel Industries Stock Technical Analysis

Flexsteel Industries technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Flexsteel Industries technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Flexsteel Industries trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Flexsteel Industries Period Price Range

Low
December 19, 2024
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High

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Flexsteel Industries December 19, 2024 Market Strength

Market strength indicators help investors to evaluate how Flexsteel Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Flexsteel Industries shares will generate the highest return on investment. By undertsting and applying Flexsteel Industries stock market strength indicators, traders can identify Flexsteel Industries entry and exit signals to maximize returns

Flexsteel Industries Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Flexsteel Industries' price direction in advance. Along with the technical and fundamental analysis of Flexsteel Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Flexsteel to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Flexsteel Stock Analysis

When running Flexsteel Industries' price analysis, check to measure Flexsteel Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Flexsteel Industries is operating at the current time. Most of Flexsteel Industries' value examination focuses on studying past and present price action to predict the probability of Flexsteel Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flexsteel Industries' price. Additionally, you may evaluate how the addition of Flexsteel Industries to your portfolios can decrease your overall portfolio volatility.