Markets
News
Analysis
User
24/7
Economic Calendar
Education
Data
- Names
- Latest
- Prev
A:--
F: --
A:--
F: --
A:--
F: --
A:--
F: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
A:--
F: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
No matching data
Latest Views
Latest Views
Trending Topics
To quickly learn market dynamics and follow market focuses in 15 min.
In the world of mankind, there will not be a statement without any position, nor a remark without any purpose.
Inflation, exchange rates, and the economy shape the policy decisions of central banks; the attitudes and words of central bank officials also influence the actions of market traders.
Money makes the world go round and currency is a permanent commodity. The forex market is full of surprises and expectations.
Top Columnists
Enjoy exciting activities, right here at FastBull.
The latest breaking news and the global financial events.
I have 5 years of experience in financial analysis, especially in aspects of macro developments and medium and long-term trend judgment. My focus is maily on the developments of the Middle East, emerging markets, coal, wheat and other agricultural products.
BeingTrader chief Trading Coach & Speaker, 8+ years of experience in the forex market trading mainly XAUUSD, EUR/USD, GBP/USD, USD/JPY, and Crude Oil. A confident trader and analyst who aims to explore various opportunities and guide investors in the market. As an analyst I am looking to enhance the trader’s experience by supporting them with sufficient data and signals.
Latest Update
Risk Warning on Trading HK Stocks
Despite Hong Kong's robust legal and regulatory framework, its stock market still faces unique risks and challenges, such as currency fluctuations due to the Hong Kong dollar's peg to the US dollar and the impact of mainland China's policy changes and economic conditions on Hong Kong stocks.
HK Stock Trading Fees and Taxation
Trading costs in the Hong Kong stock market include transaction fees, stamp duty, settlement charges, and currency conversion fees for foreign investors. Additionally, taxes may apply based on local regulations.
HK Non-Essential Consumer Goods Industry
The Hong Kong stock market encompasses non-essential consumption sectors like automotive, education, tourism, catering, and apparel. Of the 643 listed companies, 35% are mainland Chinese, making up 65% of the total market capitalization. Thus, it's heavily influenced by the Chinese economy.
HK Real Estate Industry
In recent years, the real estate and construction sector's share in the Hong Kong stock index has notably decreased. Nevertheless, as of 2022, it retains around 10% market share, covering real estate development, construction engineering, investment, and property management.
Hongkong, China
Ho Chi Minh, Vietnam
Dubai, UAE
Lagos, Nigeria
Cairo, Egypt
White Label
Data API
Web Plug-ins
Affiliate Program
View All
No data
Not Logged In
Log in to access more features
FastBull Membership
Not yet
Purchase
Log In
Sign Up
Hongkong, China
Ho Chi Minh, Vietnam
Dubai, UAE
Lagos, Nigeria
Cairo, Egypt
White Label
Data API
Web Plug-ins
Affiliate Program
Following a thorough vendor evaluation, Flexsteel Industries, Inc. FLXS teams up with 3D Cloud for its 3D digital asset management and product configuration needs. This collaboration will provide more than 2,500 Flexsteel retailers with advanced 3D product visualization tools.
The integration of 3D Cloud is expected to enhance product visualization, streamline configuration processes and improve overall efficiency for Flexsteel’s retail partners. It will provide Flexsteel’s retailers with tools to create interactive brand experiences, including self-service product renders, WebAR and product configurators. This will enable FLXS to deliver more dynamic and engaging customer interactions.
Flexsteel plans to leverage its investment in 3D content across various applications. This strategy aims to ensure consistent branding, enhance marketing efforts and improve operational efficiency.
FLXS’ YTD Price Performance
Shares of the company have skyrocketed 120.7% year to date compared with the industry‘s 33.1% growth. FLXS effectively managed its operations. It capitalized on sustained productivity and cost-saving measures, maintained pricing discipline and actively managed its product portfolio to its advantage. The company is expected to benefit from its growth strategy and new product introductions.
Despite challenges in the industry, primarily stemming from changes in consumer spending preferences away from home furnishings, the company expects net sales growth of 5-10% year over year in first-quarter fiscal 2025. The same is expected to rise 2-6% in the fiscal 2025.
The company is committed to growth and gaining market share despite industry challenges. For fiscal 2025, it plans to advance through core markets and expand into new ones with robust strategies and investments.
FLXS focuses on investing in consumer insights, innovation and marketing to drive long-term growth. Flexsteel’s increased investment in consumer insights is expected to identify and address emerging needs. It also invests in innovation that differentiates the company and is protected by intellectual property, trademarks or exclusivity.
Additionally, the company enhances marketing and brand awareness by strengthening direct consumer engagement while continuing successful trade partner marketing. Alongside these efforts, Flexsteel remains committed to achieving profit growth through operational excellence and disciplined portfolio management in fiscal 2025 and
beyond.
Zacks Rank & Key Picks
Flexsteel currently carries a Zacks Rank #3 (Hold).
Here are some better-ranked stocks from the Consumer Discretionary sector.
DoubleDown Interactive Co., Ltd. DDI currently sports a Zacks Rank of 1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
DDI has a trailing four-quarter earnings surprise of 22.1%, on average. The stock has increased 43.4% in the past year. The Zacks Consensus Estimate for DDI’s 2024 sales and earnings per share (EPS) indicates an increase of 12.6% and 15.8%, respectively, from the year-ago levels.
Norwegian Cruise Line Holdings Ltd. NCLH currently sports a Zacks Rank of 1. NCLH has a trailing four-quarter earnings surprise of 5.7%, on average. The stock has moved up 15.9% in the past year.
The Zacks Consensus Estimate for NCLH’s 2024 sales and EPS indicates an increase of 9.8% and 125.7%, respectively, from the year-ago levels.
Royal Caribbean Cruises Ltd. RCL currently sports a Zacks Rank #2 (Buy). RCL has a trailing four-quarter earnings surprise of 18.5%, on average. The stock has gained 76.9% in the past year.
The Zacks Consensus Estimate for RCL’s 2024 sales and EPS indicates growth of 18.1% and 71.1%, respectively, from the year-ago levels.
Zacks Investment Research
Flexsteel Industries, Inc. FLXS announced a hike of more than 13% in its quarterly cash dividend. The largest manufacturer, importer, and marketer of residential furniture products will pay out a quarterly dividend of 17 cents per share on Oct. 7, 2024, to shareholders on record as of Sept. 25.
The company currently has a dividend payout ratio of 28% and a dividend yield of 1.5%, based on the closing share price of $39.80 on Sept. 10. This marks the company’s 331st consecutive quarterly cash dividend.
With the recent move, FLXS is maintaining its commitment to increase stockholders’ returns. The dividend increase reflects FLXS’ sound and stable financial position and commitment to rewarding shareholders amid industry-wide challenges.
What’s Driving FLXS’ Growth?
Flexsteel has been paying cash dividends for decades. It has been consistently sharing its cash flows with shareholders and maintaining a strong financial position. The company ended fourth-quarter fiscal 2024 (ended June 30, 2024) with cash and cash equivalents of $4.8 million compared with $3.4 million at fiscal 2023-end. The company has sufficient funds to meet the short-term obligation of $7.52 million. Operating lease liabilities, net of the current portion, at June-end, was $58.1 million, down from $65 million at fiscal 2023-end.
Additionally, cash provided by operating activities was $31.9 million for fiscal 2024 compared with $23 million a year ago. This reflects improved levels of cash flow for the year.
Investors always prefer a return-generating stock. A high-dividend-yielding one is much coveted. It goes without saying that stockholders are always on the lookout for companies with a track record of consistent and incremental dividend payments.
Shares of the company have skyrocketed 111.1% so far this year compared with the industry‘s 23.4% growth. FLXS has effectively managed its operations. It has capitalized on sustained productivity and cost-saving measures, maintained pricing discipline, and actively managed its product portfolio to its advantage. The company is expected to benefit from its growth strategy and new product introductions.
Despite ongoing challenges in the industry, primarily stemming from changes in consumer spending preferences away from home furnishings, the company expects net sales growth of 5-10% year over year in the first quarter of fiscal 2025. The same is expected to rise 2-6% in fiscal 2025. Read more: (Flexsteel Q4 Earnings and Sales Beat Estimates, Up Y/Y)
FLXS' Zacks Rank & Key Picks
FLXS currently carries a Zacks Rank #3 (Hold).
Grand Canyon Education, Inc. LOPE, currently carrying a Zacks Rank #2 (Buy), has been benefiting from online, as well as hybrid enrollment growth. The online platform continues to perform well, attributed to the introduction of 148 new programs, many of which address current labor market needs such as healthcare and cybersecurity. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
LOPE has seen an upward estimate revision for 2024 earnings to $7.98 per share from $7.80 over the past 60 days. This company’s earnings for 2024 are expected to register 13.4% growth from a year ago.
Stride, Inc. LRN, currently carrying a Zacks Rank #2, has been gaining from higher enrollment, expanding product offerings and Middle - High School learning growth. Consistent demand for online learning options has been benefiting Stride’s top line in recent times.
LRN has seen an upward estimate revision for fiscal 2025 earnings to $5.05 per share from $5.02 over the past 60 days. The company’s earnings for fiscal 2025 are expected to grow 7.7%.
Lincoln Educational Services Corporation LINC, currently carrying a Zacks Rank #2, has been gaining from transformational growth strategies, which align with rising public interest in alternative education pathways and employer demand for skilled labor amid a workforce skills gap. Strategic expansions, corporate partnerships, and the innovative Lincoln 10.0 platform are driving positive momentum.
LINC has seen an upward estimate revision for 2024 earnings to 51 cents per share from 48 cents over the past 30 days. This company’s earnings for 2024 are expected to register 4.1% growth from a year ago.
Zacks Investment Research
Flexsteel Industries Inc FLXS.O:
FLEXSTEEL INDUSTRIES, INC. ANNOUNCES DOUBLE-DIGIT INCREASE TO QUARTERLY DIVIDEND
FLEXSTEEL INDUSTRIES INC - DECLARES INCREASED QUARTERLY DIVIDEND OF $0.17 PER SHARE
Source text for Eikon: (Full Story)
Further company coverage: FLXS.O
White Label
Data API
Web Plug-ins
Poster Maker
Affiliate Program
The risk of loss in trading financial instruments such as stocks, FX, commodities, futures, bonds, ETFs and crypto can be substantial. You may sustain a total loss of the funds that you deposit with your broker. Therefore, you should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.
No decision to invest should be made without thoroughly conducting due diligence by yourself or consulting with your financial advisors. Our web content might not suit you since we don't know your financial conditions and investment needs. Our financial information might have latency or contain inaccuracy, so you should be fully responsible for any of your trading and investment decisions. The company will not be responsible for your capital loss.
Without getting permission from the website, you are not allowed to copy the website's graphics, texts, or trademarks. Intellectual property rights in the content or data incorporated into this website belong to its providers and exchange merchants.