Flexsteel Industries

FLXS-Q

Analysis and Opinions about FLXS-Q

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
September 17, 2020
(A Top Pick Aug 25/20, Up 44%) When we recommended this furniture manufacturing company we picked $21 as an upper target. It has smoothly moved through that target. We are now recommending to trail up the stop-loss to $21, looking to cover half of the position should there be a pullback in the stock price.
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Flexsteel Industries (FLXS-Q)
September 17, 2020
(A Top Pick Aug 25/20, Up 44%) When we recommended this furniture manufacturing company we picked $21 as an upper target. It has smoothly moved through that target. We are now recommending to trail up the stop-loss to $21, looking to cover half of the position should there be a pullback in the stock price.
TOP PICK
TOP PICK
August 25, 2020
Stockchase Research Editor: Michael O'Reilly Consumers have been pent up in their homes and the trends appear towards making their nests more comfortable. FLXS is a well run furniture manufacturing company, that carries almost zero debt and has strong cash reserves. The company released earnings that were obviously impacted by the pandemic as the company chose to exit non-core businesses and focus on the higher margin items. However, some very bright spots included an 86% increase in ready-to-assemble products. The dividend was cut to preserve capital, so the yield is likely safe from here. The recent pullback in price affords a buy opportunity. We would trade this with stop-loss at $15 with an eye towards $21 -- over 20% upside. Yield 1.11%
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Stockchase Research Editor: Michael O'Reilly Consumers have been pent up in their homes and the trends appear towards making their nests more comfortable. FLXS is a well run furniture manufacturing company, that carries almost zero debt and has strong cash reserves. The company released earnings that were obviously impacted by the pandemic as the company chose to exit non-core businesses and focus on the higher margin items. However, some very bright spots included an 86% increase in ready-to-assemble products. The dividend was cut to preserve capital, so the yield is likely safe from here. The recent pullback in price affords a buy opportunity. We would trade this with stop-loss at $15 with an eye towards $21 -- over 20% upside. Yield 1.11%
PAST TOP PICK
PAST TOP PICK
September 10, 2012

(Top Pick Sept. 9/11, Up 31.07%)

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Flexsteel Industries (FLXS-Q)
September 10, 2012

(Top Pick Sept. 9/11, Up 31.07%)

TOP PICK
TOP PICK
September 9, 2011
Debt-free and trading below BV and breakup value. 8th largest furniture manufacturer in the US. Operate out of Dubuque but also manufacture and distribute out of China, Thailand, Vietnam and Mexico. No debt and sitting on about $2.75 a share in cash. BV is $19.50 and its working capital is $15 a share.
Show full opinionHide full opinion
Debt-free and trading below BV and breakup value. 8th largest furniture manufacturer in the US. Operate out of Dubuque but also manufacture and distribute out of China, Thailand, Vietnam and Mexico. No debt and sitting on about $2.75 a share in cash. BV is $19.50 and its working capital is $15 a share.
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Flexsteel Industries(FLXS-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Flexsteel Industries is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Flexsteel Industries(FLXS-Q) Frequently Asked Questions

What is Flexsteel Industries stock symbol?

Flexsteel Industries is a American stock, trading under the symbol FLXS-Q on the NASDAQ (FLXS). It is usually referred to as NASDAQ:FLXS or FLXS-Q

Is Flexsteel Industries a buy or a sell?

In the last year, 1 stock analyst published opinions about FLXS-Q. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is PAST TOP PICK. Read the latest stock experts' ratings for Flexsteel Industries.

Is Flexsteel Industries a good investment or a top pick?

Flexsteel Industries was recommended as a Top Pick by Stockchase Research on 2020-09-17. Read the latest stock experts ratings for Flexsteel Industries.

Why is Flexsteel Industries stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Flexsteel Industries worth watching?

1 stock analyst on Stockchase covered Flexsteel Industries In the last year. It is a trending stock that is worth watching.

What is Flexsteel Industries stock price?

On 2020-09-21, Flexsteel Industries (FLXS-Q) stock closed at a price of $24.44.