Is Flex Ltd (NASDAQ: FLEX) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

FLEX belongs to the Technology sector of the NASDAQ while operating in the Electronic Components industry. The current market capitalization of Flex Ltd is $12.96B. A total of 5.22 million shares were traded on the day, compared to an average of 4.22M shares.

In the most recent transaction, Advaithi Revathi sold 61,042 shares of FLEX for 32.53 per share on Jun 04 ’24. After the transaction, the Chief Executive Officer now owns 1,842,362 company shares. In a previous transaction on Jun 04 ’24, Lundstrom Paul sold 13,725 shares at 32.53 per share. FLEX shares that Chief Financial Officer owns now total 494,027.

Among the insiders who sold shares, Tan Kwang Hooi disposed of 12,626 shares on Jun 04 ’24 at a per-share price of $32.53. This resulted in the Group President holding 151,030 shares of FLEX after the transaction. In another insider transaction, Hartung Michael P sold 11,353 shares at $32.53 per share on Jun 04 ’24. Company shares held by the Group President now total 174,206.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Flex Ltd pays an annual dividend of $0.00, resulting in a dividend yield of 0.00%, and it has a price to earnings (P/E) ratio of 14.03.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, FLEX has a high of $34.12 and a low of $16.83.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. FLEX’s latest balance sheet shows that the firm has $2.96B in Cash & Short Term Investments as of fiscal 2022. There were $4.75B in debt and $10.71B in liabilities at the time. Its Book Value Per Share was $13.05, while its Total Shareholder’s Equity was $4.21B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FLEX is Buy with a score of 4.50.

Most Popular

Related Posts