Flexsteel Industries Inc (NASDAQ: FLXS) has reported E.P.S. of $0.80 for its first fiscal quarter (ending September 30) versus $0.15 for the same period a year ago. E.P.S. were $2.69 for the latest four quarters through September 30 versus $2.94 for the same period a year ago.
Recent Price Action
On 10/21/24, Flexsteel Industries Inc (NASDAQ: FLXS) stock declined modestly by -1.8%, closing at $42.60. This decline was accompanied by normal trading volume. Relative to the market the stock has been strong over the last nine months and has risen 3.0% during the last week.
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 C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Flexsteel Industries has a neutral Appreciation Score of 58 and a slightly positive Power Rating of 68, producing the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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