Insights on Investing in FLEX from Analysts

By Chris Stiles • Wednesday, May 06 10:57 • Permanent Link

Large-cap Technology company Flex has moved 31.7% so far today on a volume of 6,696,700, compared to its average of 3,664,746. In contrast, the S&P 500 index moved 1.0%.

Flex trades 54.43% away from its average analyst target price of $82.25 per share. The 8 analysts following the stock have set target prices ranging from $72.0 to $95.0, and on average have given Flex a rating of buy.

Anyone interested in buying FLEX should be aware of the facts below:

Flex has moved 154.2% over the last year, and the S&P 500 logged a change of 28.9%
Based on its trailing earnings per share of 2.33, Flex has a trailing 12 month Price to Earnings (P/E) ratio of 54.5 while the S&P 500 average is None
FLEX has a forward P/E ratio of 30.9 based on its forward 12 month price to earnings (EPS) of $4.11 per share
Its Price to Book (P/B) ratio is 9.12 compared to its sector average of None
Flex Ltd. provides technology innovation, supply chain, and manufacturing solutions to data center, communications, enterprise, consumer, automotive, industrial, healthcare, industrial, and power industries.
Based in Austin, the company has 147,979 full time employees and a market cap of $46.7 Billion.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.