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Flex Ltd (FLEX)

NASDAQ
Currency in USD
38.67
-0.55(-1.40%)
Closed
After Hours
39.58+0.92(+2.38%)
FLEX Scorecard
Full Analysis
Management has been aggressively buying back shares
Fair Value
Day's Range
38.5539.42
52 wk Range
18.3342.47
Key Statistics
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Prev. Close
39.22
Open
39.11
Day's Range
38.55-39.42
52 wk Range
18.33-42.47
Volume
3.86M
Average Volume (3m)
4.84M
1-Year Change
109.08%
Book Value / Share
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Fair Value
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Fair Value Upside
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FLEX Scorecardpro icon
Company’s Health
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Fair Value
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Upsidepro lock
Price Target
42.26
Upside
+9.28%
Members' Sentiments
Bearish
Bullish
ProTips
High shareholder yield
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Flex Ltd Company Profile

Flex Ltd. provides manufacturing solutions to various brands in Asia, the Americas, and Europe. It operates through two segments, Flex Agility Solutions (FAS) and Flex Reliability Solutions (FRS). The FAS segment offers flexible supply and manufacturing system comprising communications, enterprise, and cloud solution, which includes data, edge, and communications infrastructure; lifestyle solution, including appliances, consumer packaging, floorcare, micro mobility, and audio; and consumer devices, such as mobile and high velocity consumer devices. Its FRS segment provides complex ramps with specialized production models and critical environments, which comprise automotive including next generation mobility, autonomous, connectivity, electrification, and smart technologies; health solutions, such as medical devices, medical equipment, and drug delivery; and industrial solutions, including capital equipment, industrial devices, embedded and critical power offerings, and renewables and grid edge. In addition, it provides various services, including design and engineering, such as product design and engineering resources that provide design services, product development, systems integration services, and solutions; supply chain comprising manufacturing, customization, procurement, logistics services, and innovative supply chain solutions; manufacturing; logistics and value-added fulfillment, including warehousing and vendor managed inventory, omni-channel fulfillment, kitting, configuration, and postponement; and integrated reverse logistics and circular economy. Further, the company offers embedded and critical power solutions. The company was formerly known as Flextronics International Ltd. and changed its name to Flex Ltd. in September 2016. Flex Ltd. was founded in 1969 and is headquartered in Austin, Texas.

Employees
172108

Flex Ltd SWOT Analysis


AI-Driven Growth
Explore Flex Ltd's explosive 60% year-over-year growth in data center and AI-related revenues, outpacing its long-term CAGR of over 20%
Strategic Vision
Delve into Flex's balanced approach, combining traditional EMS with high-growth areas like AI and cloud computing, positioning it for future success
Financial Outlook
Analysts project EPS of $2.48 for FY1 and $2.79 for FY2, with an upside case of $3 by FY26, reflecting confidence in Flex's growth trajectory
Market Valuation
Discover why some analysts believe Flex's full potential remains underappreciated, with price targets ranging from $34 to $39 per share
Read full SWOT analysis
FLEX Full Pro Research
Institutional-Grade Stock Analysis
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Flex Ltd Earnings Call Summary for Q2/2024

  • Q4 revenue down 12% to $6.2B, but gross profit up; full-year revenue -7% to $26.4B with higher operating income and EPS
  • Flex Forward strategy targets mid-single-digit revenue growth, 20% EPS growth; power/compute to be 40% of revenue by 2029
  • FY2025 outlook: Revenue flat to -3%, adjusted EPS $2.30-$2.50; Q1 revenue $5.6B-$6.2B, adjusted EPS $0.37-$0.45
  • Bought back 42M shares ($1.3B) in FY2024; aims for 5.8-6% adjusted operating margin by FY2027, 80%+ adjusted FCF conversion
  • Strong growth in cloud (20%/year) and automotive sectors; diversified customer base driving higher content per vehicle
Last Updated: 2024/05/03, 23:40
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Compare FLEX to Peers and Sector

Metrics to compare
FLEX
Peers
Sector
Relationship
P/E Ratio
17.8x−1.4x11.1x
PEG Ratio
0.59−0.050.01
Price/Book
3.0x1.0x2.4x
Price / LTM Sales
0.6x1.7x2.1x
Upside (Analyst Target)
8.4%30.4%20.3%
Fair Value Upside
Unlock20.2%4.0%Unlock

Analysts' Recommendations

9 Buy
1 Hold
0 Sell
Ratings:
8 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 42.26

(+9.29% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 2.3
Dividend Yield
21.06%
Industry Median 1.08%
Annualised payout
8.2599
Paid unevenly
5-Years Growth
-
Growth Streak

FAQ

What Is the Flex (FLEX) Stock Price Today?

The Flex stock price today is 38.67

What Stock Exchange Does Flex Trade On?

Flex is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for Flex?

The stock symbol for Flex is "FLEX."

What Is the Flex Market Cap?

As of today, Flex market cap is 15.00B.

What is Flex Earnings Per Share?

The Flex EPS is 2.30.

What Is the Next Flex Earnings Date?

Flex will release its next earnings report on 28 Jan 2025.

From a Technical Analysis Perspective, Is FLEX a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Neutral.
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