Flex Ltd. (FLEX)
Market Cap | 15.45B |
Revenue (ttm) | 25.45B |
Net Income (ttm) | 945.00M |
Shares Out | 387.78M |
EPS (ttm) | 2.26 |
PE Ratio | 19.84 |
Forward PE | 15.15 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 14,455,390 |
Open | 39.86 |
Previous Close | 37.33 |
Day's Range | 39.44 - 40.48 |
52-Week Range | 18.80 - 40.48 |
Beta | 1.08 |
Analysts | Strong Buy |
Price Target | 40.83 (+2.51%) |
Earnings Date | Oct 30, 2024 |
About FLEX
Flex Ltd. provides manufacturing solutions to various brands in Asia, the Americas, and Europe. It operates through two segments, Flex Agility Solutions (FAS) and Flex Reliability Solutions (FRS). 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 devi... [Read more]
Financial Performance
In 2023, Flex Ltd.'s revenue was $26.42 billion, a decrease of -7.32% compared to the previous year's $28.50 billion. Earnings were $1.01 billion, an increase of 26.86%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for FLEX stock is "Strong Buy." The 12-month stock price forecast is $40.83, which is an increase of 2.51% from the latest price.
News
Flex Completes Acquisition of Crown Technical Systems
AUSTIN, Texas , Nov. 20, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) announced today that it has completed its previously announced $325 million all-cash acquisition of Crown Technical Systems, a leader ...
Flex Set to Join S&P MidCap 400; Azenta and Concentra Group Holdings to Join S&P SmallCap 600
NEW YORK , Nov. 19, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600: Flex Ltd (NASD: FLEX) will replace Azenta Inc. (NASD: AZTA) i...
Flex Acquires JetCool to Expand Data Center and Power Portfolio
The addition of advanced liquid cooling technology addresses increased heat requirements across the full spectrum of AI workloads and high-performance computing AUSTIN, Texas , Nov. 14, 2024 /PRNewswi...
Flex Wins Cisco 2024 Excellence in ESG Award
AUSTIN, Texas , Nov. 4, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced it received Cisco's 2024 Excellence in ESG (Environmental, Social, and Governance) award. Cisco presented this esteemed...
Flex Ltd. (FLEX) Q3 2024 Earnings Call Transcript
Flex Ltd. (NASDAQ:FLEX) Q3 2024 Earnings Conference Call October 30, 2024 8:30 AM ET Company Participants David Rubin - Vice President, Investor Relations Revathi Advaithi - Chief Executive Officer J...
FLEX REPORTS SECOND QUARTER FISCAL 2025 RESULTS
AUSTIN, Texas , Oct. 30, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced results for its second quarter ended September 27, 2024. Second Quarter Fiscal Year 2025 Highlights: Net Sales: $6.5 b...
Flex to Acquire Crown Technical Systems
Leader in custom-engineered, fully integrated power distribution and protection systems Extensive modular solutions and medium voltage switchgear capabilities are synergistic to the Flex data center p...
Flex Announces Liquid-Cooled Rack and Power Solutions for AI Data Centers at 2024 OCP Global Summit
New Flex solutions enable cloud service providers to address power, heat, and scale challenges in the AI era News summary Flex launches new compute, rack, and intermediate bus converter products for A...
Flex and JetCool Partner to Develop Liquid Cooling-Ready Servers for AI and High-Density Workloads
LITTLETON, Mass.--(BUSINESS WIRE)--JetCool, a leading liquid cooling company for data centers, and Flex (NASDAQ: FLEX) today announced a partnership to address the growing demand for AI servers and hi...
Flex Announces Date for Second Quarter Fiscal 2025 Earnings Call
AUSTIN, Texas , Oct. 9, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) will announce its second quarter fiscal 2025 financial results before the market opens on Wednesday, October 30, 2024. The company will...
68 Graham All Star Value Stocks Show 55 In September Fit To Buy
The Value Score identifies large-cap stocks offering high value relative to their price, focusing on profits, cash flows, assets, and sales. The Ben Graham Formula targets ultra-stable stocks with str...
Flex Named to TIME's World's Best Companies List for Second Consecutive Year
AUSTIN, Texas , Sept. 19, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) announced its inclusion on TIME's 2024 World's Best Companies list, a comprehensive analysis conducted to identify the top performing...
Flex Releases its 2024 Sustainability Report
AUSTIN, Texas , Sept. 12, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) today published its 2024 sustainability report, highlighting the company's global sustainability performance and progress from cale...
Flex to Participate in Upcoming Investor Conference
AUSTIN, Texas , Aug. 29, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) has announced members of its leadership team will participate in the upcoming investor conference: Goldman Sachs 2024 Communacopia + T...
Anord Mardix Opens Second Facility in Ireland to Meet Growing Demand for Critical Power Solutions
Fully-operational facility in Dundalk to serve as an assembly hub for switchgears and modular power systems, ensuring seamless and efficient production process for data center customers AUSTIN, Texas ...
69 All Star And Graham Value Stocks; 49 Fit To Buy In August
Large Cap Value ranking by YCharts focuses on intrinsic firm value of large cap stocks. The Ben Graham Formula strategy selects stable stocks based on earnings, dividends, and valuation based on Graha...
Flex and Musashi Energy Solutions Partner to Mitigate Utility Power Challenges in AI Data Centers
Flex first-to-market with new Capacitive Energy Storage System products featuring Musashi's Hybrid SuperCapacitors at the center AUSTIN, Texas, and BATTLE CREEK, Mich. , Aug. 8, 2024 /PRNewswire/ -- F...
Flex Appoints Michael Hartung as President, Chief Commercial Officer
Establishes unified go-to-market organization to drive growth AUSTIN, Texas , July 26, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) announced today the appointment of Michael Hartung as President, Chief ...
Flex Ltd. (FLEX) Q1 2025 Earnings Call Transcript
Flex Ltd. (NASDAQ:FLEX) Q1 2025 Earnings Conference Call July 24, 2024 8:30 AM ET Company Participants David Rubin - Vice President, Investor Relations Revathi Advaithi - Chief Executive Officer Paul...
FLEX REPORTS FIRST QUARTER FISCAL 2025 RESULTS, ANNOUNCES CHIEF FINANCIAL OFFICER TRANSITION
AUSTIN, Texas , July 24, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced results for its first quarter ended June 28, 2024. First Quarter Fiscal Year 2025 Highlights: Net Sales: $6.3 billion ...
Flex Joins the Reverse Logistics Association
Company brings more than two decades of experience in integrated reverse logistics and circular economy services at scale to global member network AUSTIN, Texas , July 18, 2024 /PRNewswire/ -- Flex (N...
5 Tech Stocks Set To Gain From US Chip Crackdown On China: JPMorgan
The Biden administration's escalating restrictions on China's access to high-end semiconductors and technology, along with the potential for higher tariffs under future administrations, have stirred s...
Flex Announces Date for First Quarter Fiscal 2025 Earnings Call
AUSTIN, Texas , July 9, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) will announce its first quarter fiscal 2025 financial results before the market opens on Wednesday, July 24, 2024. The company will hol...
Flex Provides Exposure To 2 Verticals That Have Strong Secular Tailwinds
The Company offers direct exposure to high-growth data centers and automotive verticals. Demand for data centers, driven by AI, is a key growth driver for FLEX, with the company covering 80% of the pa...