The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
In the latest session, Flex Ltd (NASDAQ: FLEX) closed at $35.99 up 2.80% from its previous closing price of $35.01. In other words, the price has increased by $2.80 from its previous closing price. On the day, 4.86 million shares were traded.
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 5.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.22. 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:
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 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 14.57, and their Forward P/E ratio for the next fiscal year is 12.51. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.95. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.54 while its Price-to-Book (P/B) ratio in mrq is 2.77.
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 -11.51%, while the 200-Day Moving Average is calculated to be 2.72%.
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 103.91% stake in the company.
