Flex Ltd (FLEX) concluded trading on Thursday at a closing price of $34.46, with 2.86 million shares of worth about $98.47 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 7.19% during that period and on March 27, 2025 the price saw a loss of about -2.57%. Currently the company’s common shares owned by public are about 384.33M shares, out of which, 380.10M shares are available for trading.
Stock saw a price change of -4.44% in past 5 days and over the past one month there was a price change of -13.33%. Year-to-date (YTD), FLEX shares are showing a performance of -10.24% which increased to 20.20% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $25.27 but also hit the highest price of $45.10 during that period. The average intraday trading volume for Flex Ltd shares is 3.56 million. The stock is currently trading -2.33% below its 20-day simple moving average (SMA20), while that difference is down -12.23% for SMA50 and it goes to -2.33% lower than SMA200.
Flex Ltd (NASDAQ: FLEX) currently have 384.33M outstanding shares and institutions hold larger chunk of about 103.70% of that.
The stock has a current market capitalization of $13.20B and its 3Y-monthly beta is at 0.96. PE ratio of stock for trailing 12 months is 13.95, while it has posted earnings per share of $2.47 in the same period. Its PEG reads 0.91 and has Quick Ratio of 0.83 while making debt-to-equity ratio of 0.83. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FLEX, volatility over the week remained 3.20% while standing at 4.20% over the month.
Stock’s fiscal year EPS is expected to rise by 21.55% while it is estimated to increase by 10.12% in next year. EPS is likely to shrink at an annualized rate of 15.26% for next 5-years, compared to annual growth of 67.12% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Stifel on February 11, 2025 offering a Buy rating for the stock and assigned a target price of $52 to it. Coverage by KeyBanc Capital Markets stated Flex Ltd (FLEX) stock as an Overweight in their note to investors on October 22, 2024, suggesting a price target of $41 for the stock. On July 25, 2024, Craig Hallum Upgrade their recommendations, while on May 02, 2024, Craig Hallum Downgrade their ratings for the stock with a price target of $27. Stock get an Overweight rating from Barclays on September 07, 2023.
