Flex Ltd. (FLEX)
| Market Cap | 8.21B |
| Revenue (ttm) | 25.56B |
| Net Income (ttm) | 990.00M |
| Shares Out | 470.62M |
| EPS (ttm) | 1.97 |
| PE Ratio | 8.84 |
| Forward PE | 9.16 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,569,289 |
| Open | 17.62 |
| Previous Close | 17.68 |
| Day's Range | 17.42 - 17.90 |
| 52-Week Range | 15.51 - 20.04 |
| Beta | 1.52 |
| Analysts | Buy |
| Price Target | 23.71 (+36.0%) |
| Earnings Date | Oct 27, 2021 |
About FLEX
Flex Ltd. provides design, engineering, manufacturing, and supply chain services and solutions to original equipment manufacturers in Asia, the Americas, and Europe. It operates through two segments, Flex Agility Solutions (FAS) and Flex Reliability Solutions (FRS). The company provides a portfolio of technologies in electrical/electronics, electromechanical, and software; and cross-industry technologies, including human machine interface, audio and video, system in package, miniaturization, IoT platforms, and power management. It also designs ...
Financial Performance
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for Flex Ltd. stock is "Buy." The 12-month stock price forecast is 23.71, which is an increase of 35.95% from the latest price.
News
Flex Completes Acquisition of Anord Mardix
SAN JOSE, Calif., Dec. 1, 2021 /PRNewswire/ -- Flex (NASDAQ: FLEX) announced today it has completed its previously announced $540 million all-cash acquisition of Anord Mardix, a global leader in critica...
Flex to Participate in Upcoming Investor Conference
SAN JOSE, Calif., Nov. 22, 2021 /PRNewswire/ -- Flex (NASDAQ: FLEX) announced today that Paul Lundstrom, Chief Financial Officer and David Rubin, Vice President, Investor Relations will participate in t...
Flex Appoints Cameron Carr as Chief Strategy Officer
SAN JOSE, Calif., Nov. 8, 2021 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced that Cameron Carr has joined the company as chief strategy officer (CSO).
Flex (FLEX) Beats Q2 Earnings Estimates, Misses on Revenues
Though continued strength in the Agility Solutions and Reliability Solutions segments aided Flex (FLEX) in Q2, the COVID-19-related component supply and logistics disruptions eroded sales growth.
Flex (FLEX) Q2 Earnings Beat Estimates
Flex (FLEX) delivered earnings and revenue surprises of 20.00% and -2.06%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Flex Reports Second Quarter Fiscal 2022 Results
SAN JOSE, Calif., Oct. 27, 2021 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced results for its second quarter ended October 1, 2021.
Flex (FLEX) Reports Next Week: Wall Street Expects Earnings Growth
Flex (FLEX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Bertram Exits Anord Mardix with Sale to Flex
FOSTER CITY, Calif., Oct. 19, 2021 /PRNewswire/ -- Bertram Capital ("Bertram") announced today its portfolio company Anord Mardix has entered into an agreement with Flex (NASDAQ: FLEX), a global diversi...
Flex Announces Definitive Agreement to Acquire Anord Mardix
SAN JOSE, Calif., Oct. 18, 2021 /PRNewswire/ -- Flex (NASDAQ: FLEX) announced today it has entered into a definitive agreement to acquire Anord Mardix, a global leader in critical power solutions, from ...
Flex Announces Date for Second Quarter Fiscal 2022 Earnings Call
SAN JOSE, Calif., Oct. 13, 2021 /PRNewswire/ -- Flex (NASDAQ: FLEX) will announce its second quarter fiscal year 2022 financial results after the market close on Wednesday, October 27, 2021.
Is Flex (FLEX) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
FLEX vs. TRMB: Which Stock Is the Better Value Option?
FLEX vs. TRMB: Which Stock Is the Better Value Option?
Flex Welcomes Xavier Boza as Chief Human Resources Officer
SAN JOSE, Calif., Sept. 27, 2021 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced that Xavier Boza has joined the company as chief human resources officer (CHRO).
Flex Factory in Althofen, Austria Admitted into World Economic Forum Global Lighthouse Network
SAN JOSE, Calif., Sept. 27, 2021 /PRNewswire/ -- In recognition of its adoption and deployment of Industry 4.0 (I4.0) technologies, Flex (NASDAQ: FLEX) today announced, following a rigorous application ...
Pick These 5 Low P/CF Stocks for a Balanced Portfolio
Value investing is essentially about selecting stocks that are usually cheap but fundamentally sound. Boise Cascade (BCC), Encompass Health (EHC), Hibbett (HIBB), Celestica (CLS) and Flex Ltd.
3 Electronics Stocks to Buy From a Prospering Industry
Electronics stocks KLA (KLAC), Carrier Global (CARR) and Flex (FLEX) are likely to benefit from investments in infrastructure and expanded capacity despite the coronavirus onslaught.
Flex receives 3rd consecutive European Lenovo Logistics Excellence Award
SAN JOSE, Calif., and VENRAY, The Netherlands, Sept.
Flex joins the World Economic Forum to help advance the new era of manufacturing
SAN JOSE, Calif., Sept. 15, 2021 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced it has joined the World Economic Forum's Advanced Manufacturing Industry Action Group (AMA), a consortium of leading ...
Are Investors Undervaluing Flex (FLEX) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
FLEX vs. TRMB: Which Stock Should Value Investors Buy Now?
FLEX vs. TRMB: Which Stock Is the Better Value Option?
5 Low Price-to-Cash Flow Stocks to Refine Your Portfolio
Value investing is essentially about selecting stocks that are usually cheap but fundamentally sound. Boise Cascade (BCC), Hibbett (HIBB), Celestica (CLS), Flex Ltd.
Flex (FLEX) Upgraded to Strong Buy: Here's What You Should Know
Flex (FLEX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
MEDIA ALERT: Diversified Manufacturer Hiring 100+ Positions in Salt Lake City
SALT LAKE CITY, Aug. 25, 2021 /PRNewswire/ -- Flex (NASDAQ: FLEX), a diversified global manufacturer, is looking for qualified candidates to launch its first Utah facility in Salt Lake City with more th...