Market Update: Flex Ltd (FLEX) Sees Negative Movement, Closing at 49.67

Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.

In the latest session, Flex Ltd (NASDAQ: FLEX) closed at $49.67 down -7.68% from its previous closing price of $53.8. In other words, the price has decreased by -$7.68 from its previous closing price. On the day, 8.67 million shares were traded. FLEX stock price reached its highest trading level at $51.7 during the session, while it also had its lowest trading level at $48.96.

Ratios:

For a deeper understanding of Flex Ltd’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.81. For the most recent quarter (mrq), Quick Ratio is recorded 0.83 and its Current Ratio is at 1.36. In the meantime, Its Debt-to-Equity ratio is 0.84 whereas as Long-Term Debt/Eq ratio is at 0.70.

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:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 17 ’25 when WENDLER DANIEL sold 1,245 shares for $45.01 per share. The transaction valued at 56,037 led to the insider holds 47,619 shares of the business.

Tan Kwang Hooi sold 8,509 shares of FLEX for $382,994 on Jun 17 ’25. The Chief Operating Officer now owns 276,136 shares after completing the transaction at $45.01 per share. On Jun 17 ’25, another insider, OFFER DAVID SCOTT, who serves as the EVP, General Counsel of the company, sold 6,887 shares for $45.01 each. As a result, the insider received 310,004 and left with 148,643 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 18561826816 and an Enterprise Value of 20949270528. As of this moment, Flex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.81, and their Forward P/E ratio for the next fiscal year is 15.00. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.71 while its Price-to-Book (P/B) ratio in mrq is 3.75. Its current Enterprise Value per Revenue stands at 0.803 whereas that against EBITDA is 11.167.

Stock Price History:

The Beta on a monthly basis for FLEX is 1.06, which has changed by 0.5517026 over the last 52 weeks, in comparison to a change of 0.16564083 over the same period for the S&P500. Over the past 52 weeks, FLEX has reached a high of $53.97, while it has fallen to a 52-week low of $25.11. The 50-Day Moving Average of the stock is 6.52%, while the 200-Day Moving Average is calculated to be 25.46%.

Shares Statistics:

For the past three months, FLEX has traded an average of 4.43M shares per day and 4275900 over the past ten days. A total of 373.70M shares are outstanding, with a floating share count of 371.37M. Insiders hold about 0.62% of the company’s shares, while institutions hold 101.41% stake in the company. Shares short for FLEX as of 1751241600 were 10101928 with a Short Ratio of 2.28, compared to 1748563200 on 5002388. Therefore, it implies a Short% of Shares Outstanding of 10101928 and a Short% of Float of 3.09.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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