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Flexsteel ( (FLXS) ) just unveiled an update.
Flexsteel Industries, Inc. announced that Thomas M. Levine will resign from the Board of Directors effective after the December 10, 2025, meeting to focus on personal interests. Levine’s departure is not due to any disagreements with the company, and he has been a significant contributor since joining the board in 2010. Concurrently, the board will reduce its size from eight to seven members, with Jeanne McGovern taking over as Chair of the Board. McGovern, who joined the board in 2022, brings extensive experience in audit and advisory services.
The most recent analyst rating on (FLXS) stock is a Hold with a $46.00 price target. To see the full list of analyst forecasts on Flexsteel stock, see the FLXS Stock Forecast page.
Spark’s Take on FLXS Stock
According to Spark, TipRanks’ AI Analyst, FLXS is a Neutral.
Flexsteel’s overall stock score reflects strong financial performance and positive earnings call insights, tempered by bearish technical indicators and valuation concerns. The company’s strategic initiatives and consistent sales growth are significant strengths, but operational efficiency and market uncertainties pose risks.
To see Spark’s full report on FLXS stock, click here.
More about Flexsteel
Flexsteel Industries, Inc. is one of the largest manufacturers, importers, and marketers of residential furniture products in the United States. Their product offerings include a wide variety of furniture such as sofas, loveseats, chairs, and outdoor furniture, featuring a unique steel drop-in seat spring. The company distributes its products throughout the United States via e-commerce and direct sales.
Average Trading Volume: 28,938
Technical Sentiment Signal: Strong Buy
Current Market Cap: $223.2M
For a thorough assessment of FLXS stock, go to TipRanks’ Stock Analysis page.