Flex Ltd (NASDAQ: FLEX) established initial surge of 1.50% at $33.78, before settling in for the price of $33.28 at the close. Taking a more long-term approach, FLEX posted a 52-week range of $16.83-$33.77.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
The Technology Sector giants’ yearly sales growth during the last 5-year period was 0.42%. Meanwhile, its Annual Earning per share during the time was 67.12%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 10.79%. This publicly-traded company’s shares outstanding now amounts to $408.10 million, simultaneously with a float of $397.92 million. The organization now has a market capitalization sitting at $13.57 billion. At the time of writing, stock’s 50-day Moving Average stood at $29.06, while the 200-day Moving Average is $27.01.
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 0.93%, in contrast to 99.86% institutional ownership. According to the most recent insider trade that took place on May 28 ’24, this organization’s Director sold 78,872 shares at the rate of 33.64, making the entire transaction reach 2,653,065 in total value, affecting insider ownership by 219,037. Preceding that transaction, on May 09 ’24, Company’s Chief Executive Officer sold 161,052 for 28.65, making the whole transaction’s value amount to 4,614,172. This particular insider is now the holder of 1,903,404 in total.
Flex Ltd (FLEX) Earnings and Revenue Records
Flex Ltd’s EPS increase for this current 12-month fiscal period is 10.79% and is forecasted to reach 2.77 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 11.20% through the next 5 years, which can be compared against the 67.12% 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 0.79. The Stock has managed to achieve an average true range (ATR) of 0.88. Alongside those numbers, its PE Ratio stands at $14.69, and its Beta score is 1.14. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.48. Similarly, its price to free cash flow for trailing twelve months is now 16.99.
In the same vein, FLEX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.30, a figure that is expected to reach 0.41 in the next quarter, and analysts are predicting that it will be 2.77 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 better the volume of 4.88 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 93.31% While, its Average True Range was 0.87.
Raw Stochastic average of Flex Ltd (FLEX) in the period of the previous 100 days is set at 97.23%, which indicates a major rise in contrast to 93.92% 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 25.09% that was lower than 34.57% volatility it exhibited in the past 100-days period.
