Flex (FLEX)
(Delayed Data from NSDQ)
$32.93 USD
+0.53 (1.64%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $32.94 +0.01 (0.03%) 7:28 PM ET
3-Hold of 5 3
A Value C Growth F Momentum C VGM
Company Summary
Singapore-based Flex Ltd (formerly known as Flextronics International Ltd) has a diverse workforce across 30 countries and offers advanced manufacturing solutions and additional value to customers through a wide array of services, including design and engineering, component services, rapid prototyping, fulfilment, and circular economy solutions.
The company believes that growing complexity in markets, goods, and environmental, social, and governance ("ESG") standards will propel expansion in the contract manufacturing services sector.
The company has expanded and enhanced its service offering by capabilities in software, robotics, artificial intelligence, factory automation, simulation, digital twins, ...
Company Summary
Singapore-based Flex Ltd (formerly known as Flextronics International Ltd) has a diverse workforce across 30 countries and offers advanced manufacturing solutions and additional value to customers through a wide array of services, including design and engineering, component services, rapid prototyping, fulfilment, and circular economy solutions.
The company believes that growing complexity in markets, goods, and environmental, social, and governance ("ESG") standards will propel expansion in the contract manufacturing services sector.
The company has expanded and enhanced its service offering by capabilities in software, robotics, artificial intelligence, factory automation, simulation, digital twins, and other disruptive technologies
The company reports revenue in three segments - Flex Agility Solutions Group (FAS), Flex Reliability Solutions (FRS) Group and Nextracker.
Flex Agility Solutions Group comprises Communications & Enterprise Compute or CEC, Lifestyle and Consumer Devices businesses. The FAS segment is optimized for speed to market, based on a highly flexible supply and manufacturing system.
Flex Reliability Solutions Group comprises Health Solutions, Automotive and Industrial businesses. The FRS category is designed to accommodate longer product lifecycles, which call for intricate ramps, specialised manufacturing models, and crucial conditions.
Nextracker is a leading provider of solar tracker and software solutions for utility-scale and ground-mounted solar projects worldwide. In February 2023, Nextracker announced its initial public offering of 23,255,814 shares of its common stock. In January, 2024, the company announced that it had completed the spin-off of all its remaining interest in Nextracker to its shareholders (on a pro-rata basis)
Post the spin-off of Nextracker in the fourth-quarter fiscal 2024, its historical financials are now reported under discontinued operations.
In first-quarter fiscal 2025, revenues totaled $6.3 billion. Flex Agility Solutions represented 53% of total revenues and Reliability Solutions Group contributed 47%.
General Information
Flex Ltd
2 CHANGI SOUTH LANE
SINGAPORE, U0 486123
Phone: 65-6876-9899
Fax: NA
Web: http://www.flex.com
Email: david.rubin@flex.com
Industry | Electronics - Miscellaneous Products |
Sector | Computer and Technology |
Fiscal Year End | March |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 10/23/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.57 |
Current Year EPS Consensus Estimate | 2.40 |
Estimated Long-Term EPS Growth Rate | 8.30 |
Exp Earnings Date | 10/23/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 32.40 |
52 Week High | 34.12 |
52 Week Low | 21.84 |
Beta | 1.09 |
20 Day Moving Average | 3,418,291.50 |
Target Price Consensus | 38.00 |
4 Week | 2.66 |
12 Week | 10.32 |
YTD | 6.37 |
4 Week | 0.09 |
12 Week | 5.86 |
YTD | -11.20 |
Shares Outstanding (millions) | 397.07 |
Market Capitalization (millions) | 12,865.11 |
Short Ratio | NA |
Last Split Date | 10/17/2000 |
Dividend Yield | 0.00% |
Annual Dividend | $0.00 |
Payout Ratio | 0.00 |
Change in Payout Ratio | 0.00 |
Last Dividend Payout / Amount | NA / $0.00 |
Fundamental Ratios
P/E (F1) | 13.51 |
Trailing 12 Months | 13.12 |
PEG Ratio | 1.64 |
vs. Previous Year | -14.00% |
vs. Previous Quarter | -15.69% |
vs. Previous Year | -13.93% |
vs. Previous Quarter | 2.35% |
Price/Book | 2.58 |
Price/Cash Flow | 9.95 |
Price / Sales | 0.48 |
6/30/24 | 16.23 |
3/31/24 | 16.46 |
12/31/23 | 16.24 |
6/30/24 | 4.85 |
3/31/24 | 4.89 |
12/31/23 | 4.71 |
6/30/24 | 1.40 |
3/31/24 | 1.52 |
12/31/23 | 1.59 |
6/30/24 | 0.75 |
3/31/24 | 0.79 |
12/31/23 | 0.86 |
6/30/24 | 3.47 |
3/31/24 | 3.50 |
12/31/23 | 3.36 |
6/30/24 | 3.54 |
3/31/24 | 3.58 |
12/31/23 | 2.56 |
6/30/24 | 2.57 |
3/31/24 | 2.52 |
12/31/23 | 2.85 |
6/30/24 | 12.58 |
3/31/24 | 12.64 |
12/31/23 | 15.30 |
6/30/24 | 3.69 |
3/31/24 | 3.54 |
12/31/23 | 3.47 |
6/30/24 | 0.53 |
3/31/24 | 0.61 |
12/31/23 | 0.53 |
6/30/24 | 34.85 |
3/31/24 | 37.98 |
12/31/23 | 34.74 |