What is Greenridge Global’s Forecast for FSI Q4 Earnings?

Flexible Solutions International, Inc. (NYSE:FSI) – Equities researchers at Greenridge Global increased their Q4 2024 earnings estimates for Flexible Solutions International in a research report issued to clients and investors on Monday, November 18th. Greenridge Global analyst W. Gregozeski now expects that the company will post earnings per share of $0.09 for the quarter, up from their previous estimate of $0.08. The consensus estimate for Flexible Solutions International’s current full-year earnings is $0.29 per share. Greenridge Global also issued estimates for Flexible Solutions International’s Q1 2025 earnings at $0.07 EPS.

Separately, StockNews.com started coverage on shares of Flexible Solutions International in a report on Thursday, November 14th. They issued a “hold” rating for the company.

Flexible Solutions International Price Performance

Shares of NYSE FSI opened at $3.95 on Wednesday. The company has a current ratio of 3.17, a quick ratio of 2.22 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $49.22 million, a price-to-earnings ratio of 12.18 and a beta of 1.46. Flexible Solutions International has a twelve month low of $1.48 and a twelve month high of $4.44. The business has a 50 day simple moving average of $3.71 and a 200-day simple moving average of $2.74.

Institutional Investors Weigh In On Flexible Solutions International

A hedge fund recently raised its stake in Flexible Solutions International stock. James Investment Research Inc. lifted its stake in shares of Flexible Solutions International, Inc. (NYSE:FSI) by 83.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 18,300 shares of the company’s stock after purchasing an additional 8,300 shares during the quarter. James Investment Research Inc. owned about 0.15% of Flexible Solutions International worth $67,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 54.31% of the company’s stock.

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.