Flexsteel Industries (FLXS) Receives Daily Coverage Optimism Score of 0.15
News articles about Flexsteel Industries (NASDAQ:FLXS) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Flexsteel Industries earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned news articles about the company an impact score of 46.3149655863736 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Shares of Flexsteel Industries (FLXS) traded down 0.04% during midday trading on Thursday, hitting $45.50. The company had a trading volume of 34,228 shares. The firm’s 50 day moving average is $53.43 and its 200 day moving average is $52.10. The company has a market capitalization of $355.95 million, a P/E ratio of 15.07 and a beta of 1.97. Flexsteel Industries has a 52 week low of $39.98 and a 52 week high of $62.99.
Flexsteel Industries (NASDAQ:FLXS) last released its quarterly earnings data on Tuesday, August 15th. The company reported $0.76 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.87 by $0.11. The company had revenue of $117.43 million during the quarter. Flexsteel Industries had a return on equity of 10.71% and a net margin of 5.07%. Equities research analysts anticipate that Flexsteel Industries will post $3.24 EPS for the current year.
Separately, BidaskClub lowered Flexsteel Industries from a “buy” rating to a “hold” rating in a research report on Wednesday, July 19th.
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Flexsteel Industries Company Profile
Flexsteel Industries, Inc is a manufacturer, importer, marketer and distributor of residential and commercial upholstered and wood furniture products in the United States. The Company offers its products for contract under categories, such as hospitality, healthcare, senior living, government and commercial office.
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