Flex Ltd. (NASDAQ: FLEX) flaunted slowness of -0.21% at $18.98, as the Stock market unbolted on February 19, 2021. During the day, the stock rose to $19.41 and sunk to $18.95 before settling in for the price of $19.02 at the close. Taking a more long-term approach, FLEX posted a 52-week range of $5.36-$20.04.
In the past 5-years timespan, the Technology sector firm’s annual sales growth was -1.50%. Meanwhile, its Annual Earning per share during the time was -30.00%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -3.00%. This publicly-traded company’s shares outstanding now amounts to $500.00 million, simultaneously with a float of $495.89 million. The organization now has a market capitalization sitting at $9.49 billion. At the time of writing, stock’s 50-day Moving Average stood at $18.29, while the 200-day Moving Average is $13.46.
If we measure the efficiency of the company that is accounted for 160000 employees. It has generated 151,312 per worker during the last fiscal year. Meanwhile, its income per employee was 547. The stock had 7.90 Receivables turnover and 1.78 Total Asset turnover. For the Profitability, stocks gross margin was +6.05, operating margin was +2.60 and Pretax Margin of +0.65.
Flex Ltd. (FLEX) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Flex Ltd. industry. Flex Ltd.’s current insider ownership accounts for 0.60%, in contrast to 99.20% institutional ownership. According to the most recent insider trade that took place on Feb 12, this organization’s Chief Executive Officer sold 24,214 shares at the rate of 19.53, making the entire transaction reach 473,018 in total value, affecting insider ownership by 837,950. Preceding that transaction, on Jan 07, Company’s EVP, General Counsel sold 14,040 for 19.34, making the whole transaction’s value amount to 271,511. This particular insider is now the holder of 495,156 in total.
Flex Ltd. (FLEX) Earnings and Revenue Records
Going through the last 3-months fiscal report unveiled on the 12/30/2020, it has been observed that the corporation posted $0.49 earnings per share (EPS) during the time that was better the consensus figure (set at $0.37) by $0.12. This company achieved a net margin of +0.36 while generating a return on equity of 3.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.32 per share during the current fiscal year.
Flex Ltd.’s EPS decrease for this current 12-month fiscal period is -3.00% and is forecasted to reach 1.55 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 16.65% through the next 5 years, which can be compared against the -30.00% growth it accomplished over the previous five years trading on the market.
Flex Ltd. (NASDAQ: FLEX) Trading Performance Indicators
Let’s observe the current performance indicators for Flex Ltd. (FLEX). It’s Quick Ratio in the last reported quarter now stands at 1.00. The Stock has managed to achieve an average true range (ATR) of 0.85. Alongside those numbers, its PE Ratio stands at $22.81, and its Beta score is 1.66. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.41.
In the same vein, FLEX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.83, a figure that is expected to reach 0.36 in the next quarter, and analysts are predicting that it will be 1.55 at the market close of one year from today.
Technical Analysis of Flex Ltd. (FLEX)
Now, what If we examine the latest scores posted by [Flex Ltd., FLEX]. During the last 5-days, its volume was lower the volume of 6.22 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 46.75% While, its Average True Range was 0.80.
Raw Stochastic average of Flex Ltd. (FLEX) in the period of the previous 100 days is set at 88.63%, which indicates a major rise in contrast to 59.69% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 35.65% that was lower than 43.08% volatility it exhibited in the past 100-days period.