Flex Ltd. (FLEX): Price and Financial Metrics
FLEX Price/Volume Stats
Current price | $28.55 | 52-week high | $30.93 |
Prev. close | $28.63 | 52-week low | $19.44 |
Day low | $28.28 | Volume | 1,360,434 |
Day high | $28.62 | Avg. volume | 5,419,246 |
50-day MA | $26.89 | Dividend yield | N/A |
200-day MA | $26.61 | Market Cap | 12.02B |
FLEX Stock Price Chart Interactive Chart >
FLEX POWR Grades
- Sentiment is the dimension where FLEX ranks best; there it ranks ahead of 95.29% of US stocks.
- The strongest trend for FLEX is in Value, which has been heading up over the past 166 days.
- FLEX ranks lowest in Growth; there it ranks in the 22nd percentile.
FLEX Stock Summary
- The capital turnover (annual revenue relative to shareholder's equity) for FLEX is 5.09 -- better than 90.96% of US stocks.
- FLEX's price/sales ratio is 0.34; that's higher than the P/S ratio of merely 11.21% of US stocks.
- Shareholder yield, a measure of how much is returned to shareholders via dividends and share repurchases, for FLEX comes in at 12.14% -- higher than that of 86.27% of stocks in our set.
- If you're looking for stocks that are quantitatively similar to FLEX LTD, a group of peers worth examining would be LEA, PLXS, G, PKG, and LEG.
- Visit FLEX's SEC page to see the company's official filings. To visit the company's web site, go to www.flex.com.
FLEX Valuation Summary
- In comparison to the median Technology stock, FLEX's EV/EBIT ratio is 26.89% lower, now standing at 15.5.
- FLEX's price/earnings ratio has moved up 34.1 over the prior 243 months.
Below are key valuation metrics over time for FLEX.
Stock | Date | P/S | P/B | P/E | EV/EBIT |
---|---|---|---|---|---|
FLEX | 2023-12-08 | 0.4 | 1.9 | 14.2 | 15.5 |
FLEX | 2023-12-07 | 0.4 | 1.9 | 14.1 | 15.3 |
FLEX | 2023-12-06 | 0.4 | 1.9 | 14.0 | 15.2 |
FLEX | 2023-12-05 | 0.4 | 1.9 | 13.9 | 15.2 |
FLEX | 2023-12-04 | 0.4 | 1.9 | 14.1 | 15.3 |
FLEX | 2023-12-01 | 0.4 | 1.9 | 14.4 | 15.6 |
FLEX Growth Metrics
- Its 3 year revenue growth rate is now at -0.65%.
- Its year over year revenue growth rate is now at 7.95%.
- The 4 year cash and equivalents growth rate now stands at 5.03%.
The table below shows FLEX's growth in key financial areas (numbers in millions of US dollars).
Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
---|---|---|---|
2022-12-31 | 29,720 | 860 | 818 |
2022-09-30 | 28,583 | 651 | 815 |
2022-06-30 | 27,046 | 728 | 919 |
2022-03-31 | 26,041 | 1,024 | 936 |
2021-12-31 | 25,456 | 825 | 1,009 |
2021-09-30 | 25,557 | 1,023 | 990 |
FLEX's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- FLEX has a Quality Grade of C, ranking ahead of 59.7% of graded US stocks.
- FLEX's asset turnover comes in at 1.587 -- ranking 15th of 208 Electronic Equipment stocks.
- VICR, VPG, and IRDM are the stocks whose asset turnover ratios are most correlated with FLEX.
The table below shows FLEX's key quality metrics over time.
Period | Asset Turnover | Gross Margin | ROIC |
---|---|---|---|
2021-10-01 | 1.587 | 0.075 | 0.127 |
2021-07-02 | 1.615 | 0.073 | 0.120 |
2021-03-31 | 1.591 | 0.070 | 0.102 |
2020-12-31 | 1.596 | 0.066 | 0.074 |
2020-09-25 | 1.621 | 0.065 | 0.070 |
2020-06-26 | 1.649 | 0.056 | 0.042 |
FLEX Price Target
For more insight on analysts targets of FLEX, see our FLEX price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
Average Price Target | $23.71 | Average Broker Recommendation | 1.4 (Strong Buy) |
Flex Ltd. (FLEX) Company Bio
Flextronics provides design, manufacturing, and supply chain services and solutions to original equipment manufacturers worldwide. The company was founded in 1990 and is based in San Jose, California.
Latest FLEX News From Around the Web
Below are the latest news stories about FLEX LTD that investors may wish to consider to help them evaluate FLEX as an investment opportunity.
Investors in Flex (NASDAQ:FLEX) have seen massive returns of 302% over the past five yearsFor many, the main point of investing in the stock market is to achieve spectacular returns. While the best companies... |
Why This 1 Value Stock Could Be a Great Addition to Your PortfolioThe Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage. |
FLEX ANNOUNCES RECORD AND DISTRIBUTION DATES FOR NEXTRACKER SPIN-OFF AND RELATED SINGAPORE HIGH COURT APPROVALFlex (NASDAQ: FLEX) today announced that it has declared December 29, 2023 as the record date for its previously announced spin-off of all of its remaining interest in Nextracker Inc. ("Nextracker") to Flex shareholders on a pro rata basis and January 2, 2024 as the distribution date for the spin-off. |
Flex Ltd. (FLEX) Hit a 52 Week High, Can the Run Continue?Flex (FLEX) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues. |
Bel Fuse Inc. (BELFB) Hit a 52 Week High, Can the Run Continue?Bel Fuse (BELFB) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues. |
FLEX Price Returns
1-mo | 2.70% |
3-mo | -6.27% |
6-mo | 5.82% |
1-year | 28.95% |
3-year | 66.38% |
5-year | 185.50% |
YTD | -6.27% |
2023 | 41.94% |
2022 | 17.08% |
2021 | 1.95% |
2020 | 42.47% |
2019 | 65.83% |
Continue Researching FLEX
Want to do more research on Flex Ltd's stock and its price? Try the links below:Flex Ltd (FLEX) Stock Price | Nasdaq
Flex Ltd (FLEX) Stock Quote, History and News - Yahoo Finance
Flex Ltd (FLEX) Stock Price and Basic Information | MarketWatch
Loading social stream, please wait...