Flex Ltd. (FLEX)

NASDAQ: FLEX · IEX Real-Time Price · USD
16.88
+0.55 (3.34%)
Sep 27, 2022 9:40 AM EDT - Market open
3.34%
Market Cap 7.74B
Revenue (ttm) 27.05B
Net Income (ttm) 919.00M
Shares Out 458.90M
EPS (ttm) 1.87
PE Ratio 9.02
Forward PE 7.67
Dividend n/a
Ex-Dividend Date n/a
Volume 410,897
Open 16.75
Previous Close 16.33
Day's Range 16.60 - 16.89
52-Week Range 13.63 - 19.63
Beta 1.49
Analysts Buy
Price Target 23.46 (+39.0%)
Earnings Date Oct 25, 2022

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 three segments: Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS), and Nextracker. The company provides cross-industry technologies, including human-machine interface, internet of things platforms, power, sensor fusion, and smart audio. It also offers integrated solar tracker and software solutions used in utility-scale and ground-mounted distribute... [Read more...]

Industry Electronic Equipment, Instruments & Components
IPO Date Mar 18, 1994
Employees 172,648
Stock Exchange NASDAQ
Ticker Symbol FLEX
Full Company Profile

Financial Performance

In 2021, Flex Ltd.'s revenue was $26.04 billion, an increase of 7.95% compared to the previous year's $24.12 billion. Earnings were $936.00 million, an increase of 52.69%.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for FLEX stock is "Buy." The 12-month stock price forecast is 23.46, which is an increase of 39.02% from the latest price.

Price Target
$23.46
(39.02% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Flex Announces Christopher Butler as President, Industrial Business

SAN JOSE, Calif. , Aug. 30, 2022 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced Christopher Butler has been named President, Industrial Business, effective immediately.

4 weeks ago - PRNewsWire

Flex to Participate in Upcoming Investor Conferences

SAN JOSE, Calif. , Aug. 25, 2022 /PRNewswire/ -- Flex (NASDAQ: FLEX) has announced members of its leadership team will participate in the upcoming investor conferences: Citi's 2022 Global Technology Con...

1 month ago - PRNewsWire

Stocks That Help This Invesco Fund Outperform

Want the best stocks to buy? Check out this portfolio that's among the elite minority of actively run funds outscoring the broad market — by a lot.

Other symbols: HIINKEPSN
1 month ago - Investors Business Daily

Flex receives 4th consecutive Lenovo EMEA Logistics Supplier of the Year Award

SAN JOSE, Calif. and VENRAY, The Netherlands , Aug. 1, 2022 /PRNewswire/ -- For the fourth year in a row, Flex (NASDAQ: FLEX) has been named as Lenovo EMEA Logistics Supplier of the Year.

1 month ago - PRNewsWire

Flex (FLEX) Q1 Earnings & Revenues Top Estimates, Up Y/Y

Flex's first-quarter 2023 revenues and earnings gain from strength across the Agility Solutions and Reliability Solutions segments.

1 month ago - Zacks Investment Research

Flex (FLEX) Q1 Earnings and Revenues Top Estimates

Flex (FLEX) delivered earnings and revenue surprises of 10.20% and 8.12%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

FLEX REPORTS FIRST QUARTER FISCAL 2023 RESULTS

SAN JOSE, Calif. , July 27, 2022 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced results for its first quarter ended July 1, 2022.

1 month ago - PRNewsWire

Here's Why Investors Need to Retain FLEX in the Portfolio

FLEX is benefiting from higher demand for its solutions across end markets like automotive and industrial.

2 months ago - Zacks Investment Research

7 Nasdaq Stocks Trading at a Huge Discount Right Now

With the markets performing worse than they have in years, finding Nasdaq stocks trading at a discount is easier than ever. The post 7 Nasdaq Stocks Trading at a Huge Discount Right Now appeared first o...

2 months ago - InvestorPlace

Flex Releases 2022 Sustainability Report and Commits to Net Zero Greenhouse Gas Emissions by 2040

SAN JOSE, Calif. , July 13, 2022 /PRNewswire/ -- Flex (NASDAQ: FLEX) today released its 2022 sustainability report, which summarizes the company's global sustainability activities, performance and resul...

2 months ago - PRNewsWire

Flex Announces Date for First Quarter Fiscal 2023 Earnings Call

SAN JOSE, Calif. , July 11, 2022 /PRNewswire/ -- Flex (NASDAQ: FLEX) will announce its first quarter fiscal 2023 financial results after the market closes on Wednesday, July 27, 2022.

2 months ago - PRNewsWire

Flex Expands Regional Strategic Automotive Manufacturing Hub in Jalisco, Mexico to Enable Next-Generation Mobility

SAN JOSE, Calif., and GUADALAJARA, Jalisco , June 14, 2022 /PRNewswire/ -- Flex (NASDAQ: FLEX) announced it is expanding its automotive industry operations in Jalisco, Mexico.

3 months ago - PRNewsWire

Flex (FLEX) is a Top-Ranked Value Stock: Should You Buy?

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.

3 months ago - Zacks Investment Research

Flex (FLEX) Up 0.4% Since Last Earnings Report: Can It Continue?

Flex (FLEX) reported earnings 30 days ago. What's next for the stock?

3 months ago - Zacks Investment Research

Buy These 5 Low Price-to-Book Value Stocks in June

The P/B ratio helps to identify low-priced stocks that have high growth prospects. Vishay Intertechnology (VSH), Group 1 Automotive (GPI), Celestica (CLS), Huntsman Corporation (HUN), and Flex Ltd (FLEX).

Other symbols: CLSGPIHUNVSH
3 months ago - Zacks Investment Research

Should Value Investors Buy Flex (FLEX) Stock?

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...

3 months ago - Zacks Investment Research

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

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

Other symbols: GRMN
4 months ago - Zacks Investment Research

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...

4 months ago - Zacks Investment Research

Flex to Participate in Upcoming Investor Conference

SAN JOSE, Calif. , May 9, 2022 /PRNewswire/ -- Flex (NASDAQ: FLEX) announced today that Paul Lundstrom, Chief Financial Officer and David Rubin, Vice President, Investor Relations will participate in th...

4 months ago - PRNewsWire

Flex Q4 Earnings & Revenues Surpass Estimates, Rise Y/Y

Flex's fourth-quarter revenues and earnings gain from high automotive demand.

4 months ago - Zacks Investment Research

Flex (FLEX) Q4 Earnings and Revenues Surpass Estimates

Flex (FLEX) delivered earnings and revenue surprises of 18.18% and 6.47%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

FLEX REPORTS FOURTH QUARTER AND FISCAL 2022 RESULTS

SAN JOSE, Calif. , May 4, 2022 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced results for its fourth quarter and fiscal year ended March 31, 2022.

4 months ago - PRNewsWire

3 Reasons Why Growth Investors Shouldn't Overlook Flex (FLEX)

Flex (FLEX) could produce exceptional returns because of its solid growth attributes.

5 months ago - Zacks Investment Research

Is Flex (FLEX) Stock Undervalued 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...

5 months ago - Zacks Investment Research

FLEX or TRMB: Which Is the Better Value Stock Right Now?

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

Other symbols: TRMB
5 months ago - Zacks Investment Research