Flex Ltd. (FLEX): Price and Financial Metrics

Flex Ltd. (FLEX): $28.55

0.08 (-0.28%)

POWR Rating

Component Grades

Momentum

B

Stability

C

Sentiment

Quality

C

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Industry: Technology - Services

Industry

C

Ranked

#34 of 81

in industry

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%.
FLEX's revenue has moved up $5,510,130,000 over the prior 34 months.

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.


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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 years

For many, the main point of investing in the stock market is to achieve spectacular returns. While the best companies...

Yahoo | December 27, 2023

Why This 1 Value Stock Could Be a Great Addition to Your Portfolio

The 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.

Yahoo | December 22, 2023

FLEX ANNOUNCES RECORD AND DISTRIBUTION DATES FOR NEXTRACKER SPIN-OFF AND RELATED SINGAPORE HIGH COURT APPROVAL

Flex (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.

Yahoo | December 18, 2023

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.

Yahoo | December 18, 2023

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.

Yahoo | December 15, 2023

Read More 'FLEX' Stories Here

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%

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