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The price of Flex Ltd (NASDAQ: FLEX) closed at $44.25 in the last session, up 2.48% from day before closing price of $43.18. In other words, the price has increased by $2.48 from its previous closing price. On the day, 5.16 million shares were traded. FLEX stock price reached its highest trading level at $44.4 during the session, while it also had its lowest trading level at $43.13.
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 10.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.60. 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.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, KeyBanc Capital Markets on October 22, 2024, initiated with a Overweight rating and assigned the stock a target price of $41.
On July 25, 2024, Craig Hallum Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $39.
Craig Hallum Downgraded its Buy to Hold on May 02, 2024, while the target price for the stock was maintained at $27.
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 Feb 06 ’25 when Hartung Michael P bought 64,807 shares for $43.89 per share.
Stevens Charles K. III sold 13,157 shares of FLEX for $509,076 on Nov 06 ’24. The Director now owns 55,713 shares after completing the transaction at $38.69 per share. On Nov 06 ’24, another insider, Stevens Charles K. III, who serves as the Director of the company, bought 13,157 shares for $38.69 each.
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 16952307712 and an Enterprise Value of 17324130304. As of this moment, Flex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.21, and their Forward P/E ratio for the next fiscal year is 15.36. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.26. 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 4.65. Its current Enterprise Value per Revenue stands at 0.681 whereas that against EBITDA is 10.834.
Stock Price History:
The Beta on a monthly basis for FLEX is 1.06, which has changed by 0.6202626 over the last 52 weeks, in comparison to a change of 0.20587826 over the same period for the S&P500. Over the past 52 weeks, FLEX has reached a high of $45.10, while it has fallen to a 52-week low of $24.05. The 50-Day Moving Average of the stock is 10.13%, while the 200-Day Moving Average is calculated to be 30.21%.
Shares Statistics:
According to the various share statistics, FLEX traded on average about 4.62M shares per day over the past 3-months and 4707220 shares per day over the past 10 days. A total of 384.33M shares are outstanding, with a floating share count of 380.17M. Insiders hold about 0.76% of the company’s shares, while institutions hold 104.05% stake in the company. Shares short for FLEX as of 1736899200 were 14353481 with a Short Ratio of 3.11, compared to 1734048000 on 18254865. Therefore, it implies a Short% of Shares Outstanding of 14353481 and a Short% of Float of 5.58.
