FLXS Stock Summary and Trading Ideas (Flexsteel Industries | NASDAQ:FLXS)

Flexsteel Industries Inc is a United States-based company that manufactures, imports, and markets residential upholstered wooden furniture products. Its product offerings include sofas, loveseats, chairs, rockers, desks, tables, convertible bedding units, and bedroom furniture. The company's products are intended for use in home, office, hotel, healthcare, and other contract applications. A featured component in the company's upholstered furniture is the durable Blue Steel Spring. It operates in the business segment of Furniture products. The company's furniture products business involves the distribution of manufactured and imported products for residential markets.

Flexsteel Industries trades on the NASDAQ stock market under the symbol FLXS.

As of March 4, 2025, FLXS stock price climbed to $43.01 with 21,574 million shares trading.

FLXS has a beta of 1.07, meaning it tends to be more sensitive to market movements. FLXS has a correlation of 0.07 to the broad based SPY ETF.

FLXS has a market cap of $226.64 million. This is considered a Small Cap stock.

Last quarter Flexsteel Industries reported $108 million in Revenue and $.95 earnings per share. This beat revenue expectation by $4 million and exceeded earnings estimates by $.21.

In the last 3 years, FLXS traded as high as $65.87 and as low as $13.46.

The top ETF exchange traded funds that FLXS belongs to (by Net Assets): VTI, IWM, AVUV, VXF, IWN.

FLXS has outperformed the market in the last year with a return of +23.4%, while the SPY ETF gained +15.0%. However, in the most recent history, FLXS shares have underperformed the stock market with its stock returning -30.2% in the last 3 month period and -16.7% for the last 2 week period, while SPY has returned -3.1% and -4.4%, respectively.

FLXS support price is $41.03 and resistance is $44.77 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FLXS shares will trade within this expected range on the day.