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Flex Ltd (FLEX)
NASDAQ:FLEX
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FLEX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$21.84 - $42.47
Previous Close$37.65
Volume8.54M
Average Volume (3M)4.17M
Market Cap
$14.60B
Enterprise Value$16.18B
Total Cash (Recent Filing)$2.60B
Total Debt (Recent Filing)$4.18B
Price to Earnings (P/E)16.7
Beta1.27
Next Earnings
Jan 29, 2025EPS Estimate
$0.63Last Dividend Ex-Date
Jan 03, 2024Dividend YieldN/A
Share Statistics
EPS (TTM)2.25
Shares Outstanding387,783,445
10 Day Avg. Volume3,372,324
30 Day Avg. Volume4,169,051
Standard Deviation0.10
R-Squared0.34
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)3.00
Price to Sales (P/S)0.60
Price to Cash Flow (P/CF)11.40
P/FCF Ratio14.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.66
Enterprise Value/Gross Profit8.01
Enterprise Value/Ebitda11.08
Forecast
1Y Price Target
$44.83Price Target Upside16.02% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
Flex News
PremiumCompany Announcements
Flex Appoints Kevin S. Krumm as New CFO
Ownership Overview
0.89% Insiders
41.59% Mutual Funds
27.54% Other Institutional Investors
19.04% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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FLEX FAQ
What was Flex Ltd’s price range in the past 12 months?
Flex Ltd lowest stock price was $21.84 and its highest was $42.47 in the past 12 months.
What is Flex Ltd’s market cap?
Currently, no data Available
When is Flex Ltd’s upcoming earnings report date?
Flex Ltd’s upcoming earnings report date is Jan 29, 2025 which is in 39 days.
How were Flex Ltd’s earnings last quarter?
Flex Ltd released its earnings results on Oct 30, 2024. The company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.07.
Is Flex Ltd overvalued?
According to Wall Street analysts Flex Ltd’s price is currently Undervalued.
Does Flex Ltd pay dividends?
Flex Ltd pays a Notavailable dividend of $8.259 which represents an annual dividend yield of N/A. See more information on Flex Ltd dividends here
What is Flex Ltd’s EPS estimate?
Flex Ltd’s EPS estimate is $0.63.
How many shares outstanding does Flex Ltd have?
Flex Ltd has 387,783,450 shares outstanding.
What happened to Flex Ltd’s price movement after its last earnings report?
Flex Ltd reported an EPS of $0.64 in its last earnings report, beating expectations of $0.57. Following the earnings report the stock price went up 3.202%.
Which hedge fund is a major shareholder of Flex Ltd?
Among the largest hedge funds holding Flex Ltd’s share is PRIMECAP Management Co. It holds Flex Ltd’s shares valued at 1B.
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Flex Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$44.83 (16.02% Upside)
$44.83 (16.02% Upside)
Blogger Sentiment
Bullish
FLEX Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 1.9M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $793.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.1%
Last 30 Days ▲ 2.1%
Last 30 Days ▲ 2.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
79.52%
12-Months-Change
Fundamentals
Return on Equity
17.33%
Trailing 12-Months
Asset Growth
-11.36%
Trailing 12-Months
Company Description
Flex Ltd
Flex Ltd. engages in provision of real-time supply chain insight and logistics services to companies. It operates through the following segments: Communications and Enterprise Compute (CEC), Consumer Technologies Group (CTC), Industrial and Emerging Industries (IEI), High Reliability Solutions (HRS), and Corporate and Others. The Communications and Enterprise Compute segment includes telecom business of radio access base stations, remote radio heads, and small cells for wireless infrastructure; networking business; server and storage platforms for both enterprise and cloud-based deployments; next generation storage and security appliance products; and rack level solutions, converged infrastructure, and software-defined product solutions. The Consumer Technologies Group segment offers consumer-related businesses in Internet of Things enabled devices, audio, and consumer power electronics, mobile devices; and supply chain solutions for consumer, computing, and printing devices. The Industrial and Emerging Industries segment comprises of metering infrastructure, energy storage, smart lighting, smart solar energy; and industrial, including semiconductor and capital equipment, office solutions, household industrial, and lifestyle, industrial automation and kiosks. The High Reliability Solutions segment relates to health solutions business and automotive business. The company was founded in May 1990 and is headquartered in Singapore.
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FLEX Company Deck
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FLEX Earnings Call
Q2 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call presented a strong performance in data center growth and record financial metrics, supported by strategic acquisitions. However, challenges in the automotive and industrial sectors and a downward revision in revenue guidance indicate some caution. Overall, the positive aspects slightly outweigh the negatives.Read More>---
FLEX Stock 12 Month Forecast
Average Price Target
$44.83
▲(16.02% Upside)
Technical Analysis
Best Analysts Covering FLEX
1 Year
1 Year Success Rate
15/16 ratings generated profit
1 Year Average Return
+41.33%
reiterated a buy rating 3 months ago
Copying Mark Delaney's trades and holding each position for 1 Year would result in 93.75% of your transactions generating a profit, with an average return of +41.33% per trade.
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