Q3 2024 EPS Estimates for Flexible Solutions International, Inc. (NYSE:FSI) Decreased by Greenridge Global

Flexible Solutions International, Inc. (NYSE:FSI) – Equities researchers at Greenridge Global reduced their Q3 2024 earnings per share estimates for Flexible Solutions International in a research note issued on Thursday, April 11th. Greenridge Global analyst W. Gregozeski now forecasts that the company will post earnings of $0.08 per share for the quarter, down from their prior forecast of $0.09. The consensus estimate for Flexible Solutions International’s current full-year earnings is $0.30 per share.

Separately, StockNews.com assumed coverage on Flexible Solutions International in a research report on Friday, April 12th. They set a “hold” rating on the stock.

Flexible Solutions International Stock Down 1.0 %

Shares of Flexible Solutions International stock opened at $2.06 on Monday. The stock’s fifty day moving average is $1.97 and its 200-day moving average is $1.91. The firm has a market capitalization of $25.65 million, a PE ratio of 9.50 and a beta of 1.58. The company has a quick ratio of 1.90, a current ratio of 3.01 and a debt-to-equity ratio of 0.18. Flexible Solutions International has a 12-month low of $1.36 and a 12-month high of $3.18.

Flexible Solutions International (NYSE:FSI) last announced its earnings results on Monday, April 1st. The company reported $0.14 earnings per share (EPS) for the quarter. The company had revenue of $9.43 million for the quarter. Flexible Solutions International had a return on equity of 7.51% and a net margin of 7.24%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of FSI. Vanguard Group Inc. raised its position in Flexible Solutions International by 81.7% during the third quarter. Vanguard Group Inc. now owns 274,858 shares of the company’s stock valued at $454,000 after buying an additional 123,600 shares during the period. Citadel Advisors LLC acquired a new position in Flexible Solutions International during the second quarter valued at $67,000. Susquehanna International Group LLP acquired a new position in Flexible Solutions International during the fourth quarter valued at $64,000. Advisor Group Holdings Inc. acquired a new position in Flexible Solutions International during the fourth quarter valued at $38,000. Finally, Dimensional Fund Advisors LP raised its position in Flexible Solutions International by 22.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 60,122 shares of the company’s stock valued at $186,000 after buying an additional 11,006 shares during the period. 54.31% of the stock is owned by institutional investors and hedge funds.

Flexible Solutions International Company Profile

Flexible Solutions International, Inc, together with its subsidiaries, develops, manufactures, and markets specialty chemicals that slow the evaporation of water in Canada, the United States, and internationally. The company operates in two segments, Energy and Water Conservation Products, and Biodegradable Polymers.