Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
Flex Ltd (NASDAQ: FLEX) closed the day trading at $42.39 down -1.44% from the previous closing price of $43.01. In other words, the price has decreased by -$1.44 from its previous closing price. On the day, 2.66 million shares were traded.
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 7.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.98. 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:
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 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 18.40, and their Forward P/E ratio for the next fiscal year is 14.73. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.21. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.63 while its Price-to-Book (P/B) ratio in mrq is 3.26.
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 4.76%, while the 200-Day Moving Average is calculated to be 23.43%.
Shares Statistics:
A total of 384.33M shares are outstanding, with a floating share count of 380.07M. Insiders hold about 0.79% of the company’s shares, while institutions hold 103.06% stake in the company.
