Look Past The Setbacks And Give Flex Ltd (NASDAQ: FLEX) Another Chance

Flex Ltd (NASDAQ:FLEX) currently has a daily average trading volume of 4.25M but it saw 3532716 shares traded in last market. With a market cap of 15.88B USD, the company’s current market price of $41.44 came rising about 0.63 while comparing to the previous closing price of $41.18. In past 52 weeks, the stock remained buoying in the range of price level as high as $45.10 and as low as $25.11.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Stifel which resumed the stock as “Buy” in its note to investors issued on February 11, 2025, recommending a price target of $52 for it. Craig Hallum issued its recommendations for the stock as it upgraded the price target for the stock is $39.

Over the week, FLEX’s stock price is moving -1.22% down while it is 25.77% when we observe its performance for the past one month. Year-to-date it is 7.94% up and over the past year, the stock is showing an upside performance of 38.87%.

Currently, Flex Ltd’s total number of outstanding shares is 383.10M with 0.68% of that held by the insiders while 103.70% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 10.55% and return on equity (ROE) at 16.23%. It has a price to earnings ratio (P/E ratio) of 19.63 while having a 12.65 of forward P/E ratio. Stock’s beta reads 1.02. Stock has a price to book (P/B) ratio of 3.13 while price to sale or P/S ratio amounts to 0.62. Its return on asset (ROA) is 4.57% on average.