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

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

Separately, StockNews.com started coverage on Flexible Solutions International in a research note on Friday, April 12th. They issued a “hold” rating for the company.

Flexible Solutions International Price Performance

Shares of NYSE FSI opened at $2.06 on Monday. The company has a current ratio of 3.01, a quick ratio of 1.90 and a debt-to-equity ratio of 0.18. Flexible Solutions International has a twelve month low of $1.36 and a twelve month high of $3.18. The stock has a 50 day moving average of $1.97 and a two-hundred day moving average of $1.91. The stock has a market cap of $25.65 million, a P/E ratio of 9.50 and a beta of 1.58.

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

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Advisor Group Holdings Inc. acquired a new position in shares of Flexible Solutions International in the fourth quarter valued at approximately $38,000. Susquehanna International Group LLP acquired a new position in Flexible Solutions International during the fourth quarter worth $64,000. Citadel Advisors LLC acquired a new position in Flexible Solutions International during the second quarter worth $67,000. Dimensional Fund Advisors LP grew its holdings 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 worth $186,000 after acquiring an additional 11,006 shares during the period. Finally, Vanguard Group Inc. grew its holdings in Flexible Solutions International by 81.7% during the third quarter. Vanguard Group Inc. now owns 274,858 shares of the company’s stock worth $454,000 after acquiring an additional 123,600 shares during the period. Institutional investors and hedge funds own 54.31% of the company’s stock.

About Flexible Solutions International

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.