Flexsteel Industries Inc (NASDAQ: FLXS) stock closed at $29.61 on 7/2/24 after a major decline of -10.0%. This decline was accompanied by normal trading volume. The stock has declined -3.6% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, FLXS is expected to be a modest Value Builder.
Flexsteel Industries has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Flexsteel Industries has a slightly positive Appreciation Score of 63 and a very high Power Rating of 97, leading to the Highest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
Be the first to comment