Some Investing Thoughts On Flex Ltd (NASDAQ: FLEX)

Flex Ltd (FLEX) concluded trading on Thursday at a closing price of $41.44, with 3.53 million shares of worth about $146.4 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 11.79% during that period and on May 22, 2025 the price saw a gain of about 0.63%. Currently the company’s common shares owned by public are about 383.10M shares, out of which, 379.55M shares are available for trading.

Stock saw a price change of -1.22% in past 5 days and over the past one month there was a price change of 25.77%. Year-to-date (YTD), FLEX shares are showing a performance of 7.94% which increased to 38.87% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $25.11 but also hit the highest price of $45.10 during that period. The average intraday trading volume for Flex Ltd shares is 4.25 million. The stock is currently trading 6.90% above its 20-day simple moving average (SMA20), while that difference is up 18.00% for SMA50 and it goes to 14.62% higher than SMA200.

Flex Ltd (NASDAQ: FLEX) currently have 383.10M outstanding shares and institutions hold larger chunk of about 98.82% of that.

The stock has a current market capitalization of $15.88B and its 3Y-monthly beta is at 1.02. PE ratio of stock for trailing 12 months is 19.63, while it has posted earnings per share of $2.11 in the same period. Its PEG reads 2.27 and has Quick Ratio of 0.79 while making debt-to-equity ratio of 0.86. 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 1.70% while standing at 2.01% over the month.

Stock’s fiscal year EPS is expected to rise by 10.23% while it is estimated to increase by 12.13% in next year. EPS is likely to shrink at an annualized rate of 8.66% for next 5-years, compared to annual growth of 65.01% 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.

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