Gaining Ground: Flex Ltd (FLEX) Closes Higher at 38.52, Up 1.50

Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.

The price of Flex Ltd (NASDAQ: FLEX) closed at $38.52 in the last session, up 1.50% from day before closing price of $37.95. In other words, the price has increased by $1.50 from its previous closing price. On the day, 5.25 million shares were traded.

Ratios:

We take a closer look at FLEX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.94. 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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 08 ’25 when Advaithi Revathi bought 11,720 shares for $38.69 per share.

Advaithi Revathi bought 120,280 shares of FLEX for $4,581,278 on May 07 ’25. On May 02 ’25, another insider, OFFER DAVID SCOTT, who serves as the EVP, General Counsel of the company, sold 87,093 shares for $36.43 each. As a result, the insider received 3,172,511 and left with 71,001 shares of the company.

Valuation Measures:

As of this moment, Flex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.59, and their Forward P/E ratio for the next fiscal year is 11.83. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.58 while its Price-to-Book (P/B) ratio in mrq is 2.97.

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 $25.11. The 50-Day Moving Average of the stock is 13.63%, while the 200-Day Moving Average is calculated to be 8.14%.

Shares Statistics:

A total of 384.33M shares are outstanding, with a floating share count of 379.46M. Insiders hold about 0.95% of the company’s shares, while institutions hold 103.25% stake in the company.

Most Popular