(FLXS) Flexsteel Industries - Ratings and Ratios

Flexsteel Industries, Inc. (NASDAQ:FLXS), founded in 1893 and headquartered in Dubuque, Iowa, is a distinguished manufacturer, importer, and marketer of residential furniture in the United States. Renowned for its Blue Steel Spring system, a hallmark of durability, Flexsteel offers a diverse range of products including sofas, loveseats, chairs, dining sets, bedroom furniture, and outdoor collections. Their commitment to quality and innovation is evident in their product lines, which are distributed through e-commerce platforms and a robust dealer network, ensuring wide market reach and accessibility.

From a technical standpoint, FLXS is currently trading at 44.99, below its 20-day (50.69) and 50-day (52.24) moving averages but above its 200-day (45.09) average, indicating a short-term downtrend within a long-term uptrend. The Average True Range (ATR) of 2.68 suggests moderate volatility. Fundamentally, with a market cap of $243.92M, FLXS shows a P/E ratio of 12.93 and a forward P/E of 13.07, signaling moderate valuation and growth expectations. The price-to-book (P/B) ratio of 1.50 and price-to-sales (P/S) of 0.57 suggest the stock may be undervalued relative to its peers. Over the next three months, FLXS is expected to encounter resistance near its 50-day SMA of 52.24 and support around its 200-day SMA of 45.09, potentially trading within this range with moderate volatility.