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The closing price of Flex Ltd (NASDAQ: FLEX) was $39.76 for the day, up 3.06% from the previous closing price of $38.58. In other words, the price has increased by $3.06 from its previous closing price. On the day, 2.8 million shares were traded.
Ratios:
Our analysis of FLEX’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.29. For the most recent quarter (mrq), Quick Ratio is recorded 0.83 and its Current Ratio is at 1.41. In the meantime, Its Debt-to-Equity ratio is 0.83 whereas as Long-Term Debt/Eq ratio is at 0.73.
On October 22, 2024, KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and target price of $41.
Craig Hallum Upgraded its Hold to Buy on July 25, 2024, while the target price for the stock was maintained at $39.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 10 ’25 when Tan Lay Koon sold 50,000 shares for $43.25 per share. The transaction valued at 2,162,500 led to the insider holds 202,850 shares of the business.
Hartung Michael P sold 64,807 shares of FLEX for $2,844,538 on Feb 06 ’25. The Chief Commercial Officer now owns 233,526 shares after completing the transaction at $43.89 per share. On Feb 06 ’25, another insider, Hartung Michael P, who serves as the Officer of the company, bought 64,807 shares for $43.89 each.
Valuation Measures:
As of this moment, Flex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.10, and their Forward P/E ratio for the next fiscal year is 13.82. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.60 while its Price-to-Book (P/B) ratio in mrq is 3.06.
Stock Price History:
Over the past 52 weeks, FLEX has reached a high of $45.10, while it has fallen to a 52-week low of $25.27. The 50-Day Moving Average of the stock is -2.58%, while the 200-Day Moving Average is calculated to be 14.10%.
Shares Statistics:
A total of 384.33M shares are outstanding, with a floating share count of 380.12M. Insiders hold about 0.78% of the company’s shares, while institutions hold 103.87% stake in the company.
Earnings Estimates
The current rating of Flex Ltd (FLEX) reflects the combined expertise of 7.0 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is $0.65, with high estimates of $0.68 and low estimates of $0.61.
Analysts are recommending an EPS of between $2.62 and $2.44 for the fiscal current year, implying an average EPS of $2.59. EPS for the following year is $2.86, with 8.0 analysts recommending between $2.99 and $2.7.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 7 analysts. It ranges from a high estimate of $6.28B to a low estimate of $6.14B. As of the current estimate, Flex Ltd’s year-ago sales were $6.17BFor the next quarter, 7 analysts are estimating revenue of $6.36B. There is a high estimate of $6.4B for the next quarter, whereas the lowest estimate is $6.29B.
A total of 8 analysts have provided revenue estimates for FLEX’s current fiscal year. The highest revenue estimate was $25.7B, while the lowest revenue estimate was $25.2B, resulting in an average revenue estimate of $25.58B. In the same quarter a year ago, actual revenue was $26.41BBased on 8 analysts’ estimates, the company’s revenue will be $26.38B in the next fiscal year. The high estimate is $26.72B and the low estimate is $25.89B.
