FlexFLEX
FLEX
About: Flex Ltd is a contract manufacturing company providing comprehensive electronics design, manufacturing, and product management services to electronics and technology companies. The company's operating segments include Flex Agility Solutions (FAS) and Flex Reliability Solutions (FRS). Flex Agility Solutions segment includes markets such as Communications, Enterprise and Cloud; Lifestyle; and Consumer Devices. Flex Reliability Solutions segment includes markets such as Automotive, Health Solutions, and Industrial.
Employees: 148,115
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
199% more call options, than puts
Call options by funds: $82.7M | Put options by funds: $27.6M
40% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 57
11% more capital invested
Capital invested by funds: $11.6B [Q2] → $12.8B (+$1.26B) [Q3]
5% more funds holding
Funds holding: 470 [Q2] → 493 (+23) [Q3]
6% less repeat investments, than reductions
Existing positions increased: 161 | Existing positions reduced: 171
1.79% less ownership
Funds ownership: 98.22% [Q2] → 96.43% (-1.79%) [Q3]
29% less funds holding in top 10
Funds holding in top 10: 14 [Q2] → 10 (-4) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$41
6%
upside
Avg. target
$44
15%
upside
High target
$48
24%
upside
4 analyst ratings
4 positive
100%
0 neutral
0%
0 negative
0%
Stifel Matthew Sheerin 58% 1-year accuracy 15 / 26 met price target | 24%upside $48 | Buy Maintained | 10 Dec 2024 |
Barclays George Wang 56% 1-year accuracy 9 / 16 met price target | 11%upside $43 | Overweight Maintained | 31 Oct 2024 |
Craig-Hallum Christian Schwab 62% 1-year accuracy 21 / 34 met price target | 16%upside $45 | Buy Maintained | 31 Oct 2024 |
Keybanc Steve Barger 27% 1-year accuracy 7 / 26 met price target | 6%upside $41 | Overweight Initiated | 22 Oct 2024 |
Financial journalist opinion
Based on 8 articles about FLEX published over the past 30 days
Positive
Zacks Investment Research
4 days ago
Here's Why Flex (FLEX) is a Strong Value Stock
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Neutral
PRNewsWire
4 days ago
Flex Factory Recognized for Manufacturing Excellence and Continuous Improvement by the Association for Manufacturing Excellence
Zhuhai, China facility specializing in advanced assembly, tool design and manufacturing, and metal and plastics capabilities for Lifestyle and Data Center customers earns company's third consecutive annual Excellence Award AUSTIN, Texas , Dec. 17, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced that its Zhuhai, China site, specializing in advanced assembly, tool design and manufacturing, and metal and plastics capabilities for Lifestyle and Data Center customers, received an Excellence Award from the Association for Manufacturing Excellence (AME) for demonstrating world-class continuous improvement and results. This is the third consecutive year a Flex facility received an AME Excellence Award.
Positive
Zacks Investment Research
2 weeks ago
FLEX or ROK: Which Is the Better Value Stock Right Now?
Investors interested in stocks from the Electronics - Miscellaneous Products sector have probably already heard of Flex (FLEX) and Rockwell Automation (ROK). But which of these two stocks presents investors with the better value opportunity right now?
Positive
Zacks Investment Research
2 weeks ago
Should Value Investors Buy Flex (FLEX) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Positive
Zacks Investment Research
2 weeks ago
Flex (FLEX) Upgraded to Buy: Here's What You Should Know
Flex (FLEX) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Positive
Zacks Investment Research
3 weeks ago
Flex (FLEX) Up 12% Since Last Earnings Report: Can It Continue?
Flex (FLEX) reported earnings 30 days ago. What's next for the stock?
Positive
Zacks Investment Research
3 weeks ago
Why Flex (FLEX) is a Top Value Stock for the Long-Term
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Neutral
PRNewsWire
4 weeks ago
Flex Announces Kevin Krumm as Chief Financial Officer
CFO to focus on continuing Flex's momentum in creating shareholder value and achieving long-term financial success in line with the company's transformational goals AUSTIN, Texas , Nov. 22, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced that Kevin S. Krumm will join the company as Chief Financial Officer (CFO), effective January 6, 2025.
Positive
Zacks Investment Research
1 month ago
Flex Ltd. (FLEX) Hits Fresh High: Is There Still Room to Run?
Flex (FLEX) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Neutral
PRNewsWire
1 month ago
Flex Completes Acquisition of Crown Technical Systems
AUSTIN, Texas , Nov. 20, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) announced today that it has completed its previously announced $325 million all-cash acquisition of Crown Technical Systems, a leader in fully integrated power distribution and protection systems. The acquisition further increases Flex exposure to fast-growing, margin accretive end-markets, including modular data center adoption and medium voltage power distribution, and extends the company's power portfolio into the utility power market.
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