Flex Ltd [FLEX] stock is trading at $35.95, up 3.33%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The FLEX shares have gain 4.81% over the last week, with a monthly amount drifted -15.61%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, KeyBanc Capital Markets started tracking the stock with Overweight rating on October 22, 2024, and set its price target to $41. On July 25, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $39 on the stock. Craig Hallum downgraded its rating to a Hold but stick to its price target of $27 on May 02, 2024. Barclays initiated its recommendation with a Overweight and recommended $35 as its price target on September 07, 2023. In a note dated August 17, 2022, Credit Suisse initiated an Outperform rating and provided a target price of $24 on this stock.
Flex Ltd [FLEX] stock has fluctuated between $25.27 and $45.10 over the past year. Currently, Wall Street analysts expect the stock to reach $41.67 within the next 12 months. Flex Ltd [NASDAQ: FLEX] shares were valued at $35.95 at the most recent close of the market. An investor can expect a potential return of 15.91% based on the average FLEX price forecast.
Analyzing the FLEX fundamentals
Flex Ltd [NASDAQ:FLEX] reported sales of 25.58B for the trailing twelve months, which represents a drop of -7.70%. Gross Profit Margin for this corporation currently stands at 0.08% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.19 and Total Capital is 0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.2.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 35.06 points at the first support level, and at 34.18 for the second support level. However, for the 1st resistance point, the stock is sitting at 36.55, and for the 2nd resistance point, it is at 37.15.
Ratios To Look Out For
For context, Flex Ltd’s Current Ratio is 1.41. Also, the Quick Ratio is 0.83, while the Cash Ratio stands at 0.26. Considering the valuation of this stock, the price to sales ratio is 0.54, the price to book ratio is 2.77 and price to earnings (TTM) ratio is 14.55.
Transactions by insiders
Recent insider trading involved WENDLER DANIEL, Chief Accounting Officer, that happened on Mar 11 ’25 when 1812.0 shares were sold. Group President, Tan Kwang Hooi completed a deal on Mar 10 ’25 to sell 12500.0 shares. Meanwhile, Officer WENDLER DANIEL bought 1812.0 shares on Mar 11 ’25.
