In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Flex Ltd (NASDAQ: FLEX) closed the day trading at $32.52 down -0.46% from the previous closing price of $32.67. In other words, the price has decreased by -$0.46 from its previous closing price. On the day, 1.52 million shares were traded. FLEX stock price reached its highest trading level at $32.94 during the session, while it also had its lowest trading level at $32.34.
Ratios:
For a better understanding of FLEX, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.86. For the most recent quarter (mrq), Quick Ratio is recorded 0.75 and its Current Ratio is at 1.40. In the meantime, Its Debt-to-Equity ratio is 0.74 whereas as Long-Term Debt/Eq ratio is at 0.63.
On May 02, 2024, Craig Hallum Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $27.
On September 07, 2023, Barclays started tracking the stock assigning a Overweight rating and target price of $35.Barclays initiated its Overweight rating on September 07, 2023, with a $35 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 11 ’24 when Michael D. Capellas bought 37,500 shares for $28.52 per share.
OFFER DAVID SCOTT sold 10,000 shares of FLEX for $329,535 on Aug 26 ’24. The EVP, General Counsel now owns 158,094 shares after completing the transaction at $32.95 per share. On Aug 23 ’24, another insider, OFFER DAVID SCOTT, who serves as the EVP, General Counsel of the company, sold 10,000 shares for $31.99 each. As a result, the insider received 319,947 and left with 168,094 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FLEX now has a Market Capitalization of 12964390912 and an Enterprise Value of 14343787520. As of this moment, Flex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.59, and their Forward P/E ratio for the next fiscal year is 11.65. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 2.60. Its current Enterprise Value per Revenue stands at 0.555 whereas that against EBITDA is 9.171.
Stock Price History:
Over the past 52 weeks, FLEX has reached a high of $34.42, while it has fallen to a 52-week low of $16.83. The 50-Day Moving Average of the stock is 4.59%, while the 200-Day Moving Average is calculated to be 13.38%.
Shares Statistics:
Over the past 3-months, FLEX traded about 3.61M shares per day on average, while over the past 10 days, FLEX traded about 5910480 shares per day. A total of 408.10M shares are outstanding, with a floating share count of 394.23M. Insiders hold about 0.72% of the company’s shares, while institutions hold 99.64% stake in the company. Shares short for FLEX as of 1726185600 were 7029281 with a Short Ratio of 1.95, compared to 1723680000 on 6690532. Therefore, it implies a Short% of Shares Outstanding of 7029281 and a Short% of Float of 2.6400002.
