Flex Ltd. (FLEX)
Market Cap | 12.21B |
Revenue (ttm) | 29.39B |
Net Income (ttm) | 753.00M |
Shares Out | 421.16M |
EPS (ttm) | 1.68 |
PE Ratio | 17.26 |
Forward PE | 12.14 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 2,839,360 |
Open | 28.59 |
Previous Close | 28.56 |
Day's Range | 28.59 - 29.07 |
52-Week Range | 21.84 - 30.93 |
Beta | 1.17 |
Analysts | Buy |
Price Target | 33.60 (+15.9%) |
Earnings Date | May 1, 2024 |
About FLEX
Flex Ltd. provides technology, supply chain, and manufacturing solutions in Asia, the Americas, and Europe. It operates through Flex Agility Solutions (FAS) and Flex Reliability Solutions (FRS) segments. The FAS segment offers flexible supply and manufacturing system comprising communications, enterprise and cloud solution, which includes data, edge, and communications infrastructure; lifestyle solution including appliances, consumer packaging, floorcare, micro mobility, and audio; and consumer devices, such as mobile and high velocity consumer... [Read more]
Financial Performance
In 2022, Flex Ltd.'s revenue was $30.35 billion, an increase of 16.53% compared to the previous year's $26.04 billion. Earnings were $793.00 million, a decrease of -15.28%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for FLEX stock is "Buy." The 12-month stock price forecast is $33.6, which is an increase of 15.90% from the latest price.
News
FLEX ANNOUNCES UPCOMING CHANGES TO ITS BOARD OF DIRECTORS
AUSTIN, Texas , May 1, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) announced today that consistent with its succession plan, Michael D. Capellas, non-executive Chair of the Board of Directors of Flex, ha...
FLEX REPORTS FOURTH QUARTER AND FISCAL 2024 RESULTS AND HOSTS INVESTOR AND ANALYST DAY
AUSTIN, Texas , May 1, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced results for its fourth quarter and fiscal year ended March 31, 2024. Fourth Quarter Fiscal Year 2024 Highlights: Net Sal...
Flex Schedules Combined Fourth Quarter and Fiscal 2024 Earnings Call with 2024 Virtual Investor and Analyst Day
AUSTIN, Texas , April 8, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) will announce its fourth quarter and fiscal 2024 financial results before the market opens on Wednesday, May 1, 2024. The company will...
Flex Earns Coveted Spot on Ethisphere's 2024 World's Most Ethical Companies® for Second Consecutive Year
AUSTIN, Texas , March 4, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced its inclusion as one of Ethisphere's 2024 World's Most Ethical Companies in the category of industrial manufacturing. ...
Flex to Participate in Upcoming Investor Conference
AUSTIN, Texas , Feb. 26, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) has announced members of its leadership team will participate in the upcoming investor conference: Raymond James 2024 Institutional In...
FLEX REPORTS THIRD QUARTER FISCAL 2024 RESULTS
AUSTIN, Texas , Jan. 31, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced results for its third quarter ended December 31, 2023. Third Quarter Fiscal Year 2024 Highlights: Net Sales: $7.1 bill...
Flex Announces Date for Third Quarter Fiscal 2024 Earnings Call
AUSTIN, Texas , Jan. 8, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) will announce its third quarter fiscal 2024 financial results after the market closes on Wednesday, January 31, 2024. The company will ...
FLEX ANNOUNCES COMPLETION OF THE SPIN-OFF OF ITS REMAINING INTEREST IN NEXTRACKER
AUSTIN, Texas , Jan. 2, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced the completion of the spin-off of all of its remaining interest in Nextracker Inc. ("Nextracker") to Flex shareholders ...
FLEX ANNOUNCES RECORD AND DISTRIBUTION DATES FOR NEXTRACKER SPIN-OFF AND RELATED SINGAPORE HIGH COURT APPROVAL
AUSTIN, Texas , Dec. 18, 2023 /PRNewswire/ -- 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 remainin...
Top value investor Andrew Wellington breaks down his top stock picks
Andrew Wellington, Lyrical Asset Management Co-Founder & CIO, discusses his top value holdings.
Ciena Invests in U.S. Manufacturing with Flex to Support BEAD-funded Projects, Strengthen Domestic Supply Chain and Add High-Tech Jobs
HANOVER, Md.--(BUSINESS WIRE)--Ciena® (NYSE: CIEN), a U.S.-based networking systems, services and software company, is adding domestic manufacturing through an expanded agreement with global diversifi...
Flex Honored by Cisco with 2023 EMS Partner of the Year Award
AUSTIN, Texas , Nov. 9, 2023 /PRNewswire/ -- Flex (NASDAQ: FLEX) announced it received Cisco's 2023 Electronic Manufacturing Services (EMS) Partner of the Year award. Cisco presented the distinguished...
FLEX REPORTS SECOND QUARTER FISCAL 2024 RESULTS; ANNOUNCES PLAN TO SPIN-OFF REMAINING INTEREST IN NEXTRACKER TO FLEX SHAREHOLDERS
AUSTIN, Texas , Oct. 25, 2023 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced results for its second quarter ended September 29, 2023. Second Quarter Fiscal Year 2024 Highlights: Net Sales: $7.5 b...
Flex Announces Date for Second Quarter Fiscal 2024 Earnings Call
AUSTIN, Texas , Oct. 9, 2023 /PRNewswire/ -- Flex (NASDAQ: FLEX) will announce its second quarter fiscal 2024 financial results after the market closes on Wednesday, October 25, 2023. The company will...
Final Trades: Humana, CrowdStrike & more
The "Halftime Report" traders give their top picks to watch for the second half.
Flex Releases its 2023 Sustainability Report
AUSTIN, Texas , Sept. 6, 2023 /PRNewswire/ -- Flex (NASDAQ: FLEX) today published its 2023 sustainability report, highlighting the company's global sustainability activities, performance, and results ...
FLEX REPORTS FIRST QUARTER FISCAL 2024 RESULTS
AUSTIN, Texas , July 26, 2023 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced results for its first quarter ended June 30, 2023. First Quarter Fiscal Year 2024 Highlights: Net Sales: $7.3 billion ...
Flex named 2023 Manufacturer of the Year
Manufacturing Leadership Council and National Association of Manufacturers award Flex for innovation and leadership across manufacturing technology, supply chain, and sustainability initiatives AUSTI...
Flex Announces Date for First Quarter Fiscal 2024 Earnings Call
AUSTIN, Texas , July 10, 2023 /PRNewswire/ -- Flex (NASDAQ: FLEX) will announce its first quarter fiscal 2024 financial results after the market closes on Wednesday, July 26, 2023. The company will ho...
Flex Recognized by Lenovo for Logistics Excellence
Flex receives Lenovo EMEA Logistics Supplier of the Year Award for the fifth consecutive year AUSTIN, Texas and VENRAY, Netherlands , June 22, 2023 /PRNewswire/ -- As acknowledgment for creating a sea...
FLEX REPORTS FOURTH QUARTER AND FISCAL 2023 RESULTS
SAN JOSE, Calif. , May 10, 2023 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced results for its fourth quarter and fiscal year ended March 31, 2023.
Flex Recognized as a 2022 Supplier of the Year by General Motors
SAN JOSE, Calif. , April 3, 2023 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced it has been recognized by General Motors (GM) as a 2022 Supplier of the Year.
Flex Announces Date for Fourth Quarter and Fiscal 2023 Earnings Call
SAN JOSE, Calif. , March 29, 2023 /PRNewswire/ -- Flex (NASDAQ: FLEX) will announce its fourth quarter and fiscal 2023 financial results after the market closes on Wednesday, May 10, 2023.
Hundreds more tech, biotech layoffs hit Bay Area, Google real estate ally cuts jobs
About 600 more tech and biotech layoffs rocked the Bay Area job market in a fresh round of cutbacks that suggest the staffing reductions in the region have yet to run their course, new state governmen...
ETHISPHERE RECOGNIZES FLEX AS ONE OF THE WORLD'S MOST ETHICAL COMPANIES®
Flex is honored for its commitment to business integrity through best-in-class ethics, compliance, and governance practices SAN JOSE, Calif. , March 13, 2023 /PRNewswire/ -- Flex (NASDAQ: FLEX) has be...