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Flex Ltd. (FLEX)

NASDAQ: FLEX · IEX Real-Time Price · USD
17.44 -0.24 (-1.36%)
Dec 8, 2021 4:00 PM EST - Market closed
Market Cap8.21B
Revenue (ttm)25.56B
Net Income (ttm)990.00M
Shares Out470.62M
EPS (ttm)1.97
PE Ratio8.84
Forward PE9.16
Dividendn/a
Ex-Dividend Daten/a
Volume2,569,289
Open17.62
Previous Close17.68
Day's Range17.42 - 17.90
52-Week Range15.51 - 20.04
Beta1.52
AnalystsBuy
Price Target23.71 (+36.0%)
Earnings DateOct 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 ...

IndustryElectronic Equipment, Instruments & Components
IPO DateMar 18, 1994
Employees167,201
Stock ExchangeNASDAQ
Ticker SymbolFLEX
Full Company Profile

Financial Performance

Financial Statements

Analyst 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.

Price Target
$23.71
(35.95% upside)
Analyst Consensus: Buy

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...

1 week ago - PRNewsWire

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...

2 weeks ago - PRNewsWire

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).

1 month ago - PRNewsWire

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.

1 month ago - Zacks Investment Research

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?

1 month ago - Zacks Investment Research

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.

1 month ago - PRNewsWire

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.

1 month ago - Zacks Investment Research

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...

1 month ago - PRNewsWire

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 ...

1 month ago - PRNewsWire

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.

1 month ago - PRNewsWire

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...

2 months ago - Zacks Investment Research

FLEX vs. TRMB: Which Stock Is the Better Value Option?

FLEX vs. TRMB: Which Stock Is the Better Value Option?

Other symbols:TRMB
2 months ago - Zacks Investment Research

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).

2 months ago - PRNewsWire

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 ...

2 months ago - PRNewsWire

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.

Other symbols:BCCCLSEHCHIBB
2 months ago - Zacks Investment Research

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.

Other symbols:CARRKLAC
2 months ago - Zacks Investment Research

Flex receives 3rd consecutive European Lenovo Logistics Excellence Award

SAN JOSE, Calif., and VENRAY, The Netherlands, Sept.

2 months ago - PRNewsWire

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 ...

2 months ago - PRNewsWire

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...

2 months ago - Zacks Investment Research

FLEX vs. TRMB: Which Stock Should Value Investors Buy Now?

FLEX vs. TRMB: Which Stock Is the Better Value Option?

Other symbols:TRMB
2 months ago - Zacks Investment Research

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.

Other symbols:AMGBCCCLSHIBB
2 months ago - Zacks Investment Research

7 Cheap Stocks to Buy for $20 Or Less in September

Each of these seven stocks can be had for $20 or less, but these aren't just cheap stocks. They have real economic tailwinds for the investor.

Other symbols:ASXBZHFKEYSSPTCS
3 months ago - InvestorPlace

7 Finest PEG Stocks for GARP Investors

Here are the stocks, ACI, WLK, OLN, BCC, SNDR, FLEX, and CAR that qualify the screening.

Other symbols:ACIBCCCAROLNSNDRWLK
3 months ago - Zacks Investment Research

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).

3 months ago - Zacks Investment Research

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...

3 months ago - PRNewsWire