The stock of Flex Ltd (NASDAQ:FLEX) last traded at $51.93, up 0.48% from the previous session.
FLEX stock price is now 19.16% away from the 50-day moving average and 34.48% away from the 200-day moving average. The market capitalization of the company currently stands at $19.41B.
On October 22, 2024, KeyBanc Capital Markets recently initiated its ‘Overweight’ rating on the stock quoting a target price of $41, while ‘Craig Hallum’ rates the stock as ‘Buy’
In other news, WENDLER DANIEL, Chief Accounting Officer sold 1,245 shares of the company’s stock on Jun 17 ’25. The stock was sold for $56,037 at an average price of $45.01. Upon completion of the transaction, the Chief Accounting Officer now directly owns 47,619 shares in the company, valued at $2.47 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 17 ’25, Chief Operating Officer Tan Kwang Hooi sold 8,509 shares of the business’s stock. A total of $382,994 was realized by selling the stock at an average price of $45.01. This leaves the insider owning 276,136 shares of the company worth $14.34 million. A total of 0.79% of the company’s stock is owned by insiders.
During the past 12 months, Flex Ltd has had a low of $25.11 and a high of $52.17. As of last week, the company has a debt-to-equity ratio of 0.86, a current ratio of 1.30, and a quick ratio of 0.79. According to the stock market information, the enterprise value for the company is $20629915648, which is based on a 24.60 price-to-earnings ratio, a 2.68 price-to-earnings-growth ratio, and a beta of 1.06. The fifty day moving average price for FLEX is $43.581 and a two-hundred day moving average price translates $38.61605 for the stock.
The latest earnings results from Flex Ltd (NASDAQ: FLEX) was released for 2025-03-31. The net profit margin was 3.25% and return on equity was 16.23% for FLEX. The company reported revenue of $6.4 billion for the quarter, compared to $6.17 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.71 percent.
