FLEX

Flex Ltd. [FLEX] Stock Forecast

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RSI : 000

FLEX Stock Summary

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In the News

01:23 25 Mar 2023 FLEX

7 Emerging Markets Stocks to Buy for Global Growth

Investors tend to seek growth when allocating capital, particularly when considering what bonds yield right now. Accordingly, many emerging markets stocks are seeing an uptick in investor interest, given the growth rates of these markets relative to the developed world.

02:31 25 Mar 2023 FLEX

3 Electronics Stocks to Watch From a Challenging Industry

Electronics stocks Carrier Global (CARR), Sigma Lithium (SGML) and Flex (FLEX) are likely to benefit from investments in infrastructure and expanded capacity despite the supply-chain and macroeconomic headwinds.

02:08 25 Mar 2023 FLEX

Hundreds more tech, biotech layoffs hit Bay Area, Google real estate ally cuts jobs

About 600 more tech and biotech layoffs rocked the Bay Area job market in a fresh round of cutbacks that suggest the staffing reductions in the region have yet to run their course, new state government filings show.

12:48 25 Mar 2023 FLEX

Why Is Flex (FLEX) Down 2.3% Since Last Earnings Report?

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

09:22 25 Mar 2023 FLEX

Flex: Flexing Its Muscles

Flex has seen a solid 2022. On top of solid operating momentum, Flex furthermore benefits from the IPO of its subsidiary Nextracker.

11:18 25 Mar 2023 FLEX

Here's Why Flex (FLEX) is a Strong Value Stock

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

09:47 25 Mar 2023 FLEX

FLEX Q3 Earnings and Revenues Top Estimates, Increase Y/Y

FLEX third-quarter fiscal 2023 performance was boosted by strong demand across all business segments amid macroeconomic disruptions.

07:33 25 Mar 2023 FLEX

Flex (FLEX) Surpasses Q3 Earnings and Revenue Estimates

Flex (FLEX) delivered earnings and revenue surprises of 3.33% and 3.69%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

07:26 25 Mar 2023 FLEX

Flex Ltd. (FLEX) Q3 2023 Earnings Call Transcript

Flex Ltd. (NASDAQ:FLEX ) Q3 2023 Earnings Conference Call January 25, 2023 4:30 PM ET Company Participants David Rubin - Investor Relations Revathi Advaithi - Chief Executive Officer Paul Lundstrom - Chief Financial Officer Conference Call Participants Steven Fox - Fox Advisors Shannon Cross - Credit Suisse Mark Delaney - Goldman Sachs Matt Sheerin - Stifel Ruplu Bhattacharya - Bank of America Paul Chung - J.P. Morgan Jim Suva - Citigroup Operator Good afternoon, and thank you for standing by.

04:24 25 Mar 2023 FLEX

Contract Manufacturer Flex Bends On Lowered Earnings Outlook

Electronics contract manufacturer Flex topped estimates for its fiscal third quarter. But its guidance disappointed.

FLEX Financial details

Company Rating
Strong Buy
Market Cap
9.35B
Income
818M
Revenue
29.72B
Book val./share
9.97
Cash/share
5.68
Dividend
-
Dividend %
-
Employees
172.65K
Optionable
Yes
Shortable
Yes
Earnings
02 May 2023
P/E
11.85
Forward P/E
-
PEG
2.44
P/S
0.33
P/B
2.15
P/C
3.7
P/FCF
32.81
Quick Ratio
0.6
Current Ratio
1.36
Debt / Equity
3.62
LT Debt / Equity
0.89
-
-
EPS (TTM)
1.8
EPS next Y
-
EPS next Q
0.28
EPS this Y
67.96%
EPS next Y
-
EPS next 5Y
-49.66%
EPS last 5Y
20.5%
Revenue last 5Y
0.47%
Revenue Q/Q
-0.13%
EPS Q/Q
-0.42%
-
-
-
-
SMA20
-10.8%
SMA50
-5.62%
SMA100
14.27%
Inst Own
95.4%
Inst Trans
3%
ROA
4%
ROE
19%
ROC
0.12%
Gross Margin
7%
Oper. Margin
4%
Profit Margin
3%
Payout
-
Shs Outstand
451.08M
Shs Float
446.48M
-
-
-
-
Target Price
22.5
52W Range
13.63-25.12
52W High
-16.04%
52W Low
+61.46%
RSI
37.2
Rel Volume
0.47
Avg Volume
4.97M
Volume
2.35M
Perf Week
1.16%
Perf Month
-9.91%
Perf Quarter
25.99%
Perf Half Y
17.46%
-
-
-
-
Beta
1.4872
-
-
Volatility
0.27%, 1.22%
Prev Close
-2.19%
Price
20.99
Change
-2.51%

FLEX Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-03-31

Metric History 2018-03-312019-03-312020-03-312021-03-31 2022-03-31
Revenue per share
47.4950.5146.9947.6256.54
Net income per share
0.80.180.171.212.03
Operating cash flow per share
1.41-5.73-2.980.282.22
Free cash flow per share
0.36-7.12-3.87-0.411.26
Cash per share
2.753.273.735.216.44
Book value per share
5.645.735.56.788.97
Tangible book value per share
2.753.022.924.215.33
Share holders equity per share
5.645.735.56.788.97
Interest debt per share
5.726.176.828.8710.64
Market cap
8.75B5.37B4.31B9.28B8.54B
Enterprise value
10.22B6.72B5.76B10.98B10.33B
P/E ratio
20.4157.4449.2615.139.13
Price to sales ratio
0.340.20.180.380.33
POCF ratio
11.61-1.81-2.8164.428.34
PFCF ratio
45.65-1.45-2.16-44.8114.7
P/B Ratio
2.91.811.522.72.07
PTB ratio
2.91.811.522.72.07
EV to sales
0.40.260.240.460.4
Enterprise value over EBITDA
8.526.155.477.676.16
EV to operating cash flow
13.56-2.26-3.7676.2810.09
EV to free cash flow
53.32-1.82-2.89-53.0617.78
Earnings yield
0.050.020.020.070.11
Free cash flow yield
0.02-0.69-0.46-0.020.07
Debt to equity
3.543.543.843.613.66
Debt to assets
0.780.780.790.780.78
Net debt to EBITDA
1.221.241.371.191.06
Current ratio
1.261.21.261.451.34
Interest coverage
4.053.373.015.396.39
Income quality
1.76-31.81-17.510.231.09
Dividend Yield
00000
Payout ratio
00000
Sales general and administrative to revenue
00000
Research and developement to revenue
00000
Intangibles to total assets
0.110.10.10.080.09
Capex to operating cash flow
-0.750.240.3-2.44-0.43
Capex to revenue
-0.02-0.03-0.02-0.01-0.02
Capex to depreciation
-1.01-0.95-0.62-0.62-0.92
Stock based compensation to revenue
00000
Graham number
10.074.824.5813.5920.25
ROIC
0.070.050.050.130.12
Return on tangible assets
0.040.010.010.040.05
Graham Net
-10.15-9.34-9.71-9.15-12.91
Working capital
1.9B1.51B1.88B3.53B3.63B
Tangible asset value
1.47B1.57B1.5B2.13B2.45B
Net current asset value
-1.53B-1.42B-1.77B-1.04B-781M
Invested capital
0.971.031.191.261.15
Average receivables
2.36B2.67B2.77B3.48B4.07B
Average payables
4.8B5.13B5.13B5.18B5.75B
Average inventory
3.6B3.76B3.75B3.84B5.24B
Days sales outstanding
36.1239.440.9864.1754.52
Days payables outstanding
78.4176.0881.5285.3694.68
Days of inventory on hand
58.1655.0360.463.3699.62
Receivables turnover
10.19.268.915.696.69
Payables turnover
4.664.84.484.283.85
Inventory turnover
6.286.636.045.763.66
ROE
0.140.030.030.180.23
Capex per share
-1.05-1.4-0.9-0.69-0.96

Quarterly Fundamentals Overview

Last date of statement is 2022-12-31 for Q3

Metric History 2021-12-312022-03-312022-07-012022-09-30 2022-12-31
Revenue per share
14.1914.8816.0617.1217.17
Net income per share
0.490.360.410.510.51
Operating cash flow per share
0.320.780.080.230.79
Free cash flow per share
0.060.54-0.15-0.190.44
Cash per share
5.526.445.795.415.68
Book value per share
7.838.978.949.219.97
Tangible book value per share
4.035.335.395.776.49
Share holders equity per share
7.838.978.949.219.97
Interest debt per share
10.689.7610.139.7910.13
Market cap
8.55B8.54B6.52B7.56B9.69B
Enterprise value
10.97B10.33B8.47B9.6B11.64B
P/E ratio
9.4212.798.628.1410.54
Price to sales ratio
1.291.250.890.971.25
POCF ratio
57.0223.73171.5873.3727
PFCF ratio
316.7834.17-94.49-87.8848.46
P/B Ratio
2.342.071.591.812.15
PTB ratio
2.342.071.591.812.15
EV to sales
1.661.511.151.241.5
Enterprise value over EBITDA
30.81158.8821.7128.5626.58
EV to operating cash flow
73.1328.69222.8493.1732.43
EV to free cash flow
406.341.31-122.72-111.5958.21
Earnings yield
0.030.020.030.030.02
Free cash flow yield
00.03-0.01-0.010.02
Debt to equity
3.973.663.883.913.62
Debt to assets
0.80.780.790.790.78
Net debt to EBITDA
6.7927.454.996.074.45
Current ratio
1.371.341.311.291.36
Interest coverage
-31.38-0.896.8-6.135.44
Income quality
0.662.160.190.431.51
Dividend Yield
00000
Payout ratio
00000
Sales general and administrative to revenue
00000
Research and developement to revenue
00000
Intangibles to total assets
0.10.090.090.080.08
Capex to operating cash flow
-0.82-0.31-2.82-1.83-0.44
Capex to revenue
-0.02-0.02-0.01-0.02-0.02
Capex to depreciation
-1.02-0.87-0.86-1.54-1.28
Stock based compensation to revenue
00000
Graham number
9.268.559.1210.310.69
ROIC
0.030.030.030.030.03
Return on tangible assets
0.010.010.010.010.01
Graham Net
-12.98-12.91-13.97-14.71-14.32
Working capital
3.57B3.63B3.56B3.48B4.15B
Tangible asset value
1.88B2.45B2.47B2.62B2.93B
Net current asset value
-1.31B-781M-732M-723M-471M
Invested capital
1.371.151.121.071
Average receivables
3.89B3.89B4.09B4.39B4.47B
Average payables
5.92B6.12B6.47B6.76B6.72B
Average inventory
5.56B6.27B6.91B7.48B7.78B
Days sales outstanding
52.851.152.585251.67
Days payables outstanding
8888.6888.4485.5283.19
Days of inventory on hand
87.593.395.6996.9198.34
Receivables turnover
1.71.761.711.731.74
Payables turnover
1.021.011.021.051.08
Inventory turnover
1.030.960.940.930.92
ROE
0.060.040.050.060.05
Capex per share
-0.26-0.24-0.23-0.42-0.35

FLEX Frequently Asked Questions

What is Flex Ltd. stock symbol ?

Flex Ltd. is a SG stock and trading under the symbol FLEX

Is Flex Ltd. buy or a sell ?

2 stock analysts have 2 predictions with a medium analyst target price of $22.5. The lowest prediction is $21 and the highest is $24

What is FLEX stock prediction ?

What is Flex Ltd. stock quote today ?

Flex Ltd. stock price is $20.99 today.

Is Flex Ltd. stock public?

Yes, Flex Ltd. is a publicly traded company.

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