Flex Stock Today

FLEX Stock  USD 38.97  0.15  0.39%   

Performance

13 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 3

 
High
 
Low
Very Low
Flex is trading at 38.97 as of the 30th of November 2024; that is 0.39 percent increase since the beginning of the trading day. The stock's open price was 38.82. Flex has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Note, on October 8, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Flex's common stock.
Business Domain
Technology Hardware & Equipment
IPO Date
18th of March 1994
Category
Technology
Classification
Information Technology
Flex Ltd. provides design, engineering, manufacturing, and supply chain services and solutions to original equipment manufacturers in Asia, the Americas, and Europe. Flex Ltd. was incorporated in 1990 and is based in Singapore. Flextronics Intl operates under Electronic Components classification in the United States and is traded on NASDAQ Exchange. The company has 387.78 M outstanding shares of which 9.84 M shares are currently shorted by private and institutional investors with about 3.56 trading days to cover. More on Flex

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Flex Stock Highlights

ESG Sustainability
Environmental
Governance
Social
PresidentScott Offer
Thematic Ideas
(View all Themes)
Old NameFleXos S.A.
Business ConcentrationElectronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, NASDAQ Composite, SP Midcap 400, NASDAQ Composite Total, Electronics, Electronic Equipment, SRI Sustainable Growth, Information Technology, Electronic Equipment, Instruments & Components, Electronic Components, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.05790.0551
Sufficiently Up
Slightly volatile
Asset Turnover1.421.4468
Fairly Down
Slightly volatile
Gross Profit Margin0.07880.0738
Notably Up
Very volatile
Net Debt804.7 M1.3 B
Way Down
Slightly volatile
Total Current Liabilities5.3 B8.5 B
Way Down
Slightly volatile
Non Current Liabilities Total2.3 B4.4 B
Way Down
Slightly volatile
Total Assets10.8 B18.3 B
Way Down
Slightly volatile
Total Current AssetsB13 B
Way Down
Slightly volatile
Debt Levels
Flex can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Flex's financial leverage. It provides some insight into what part of Flex's total assets is financed by creditors.
Liquidity
Flex currently holds 3.75 B in liabilities with Debt to Equity (D/E) ratio of 1.05, which is about average as compared to similar companies. Flex has a current ratio of 1.26, suggesting that it is not liquid enough and may have problems paying out its financial obligations when due. Note, when we think about Flex's use of debt, we should always consider it together with its cash and equity.

Net Income

1.31 Billion
Flex (FLEX) is traded on NASDAQ Exchange in USA. It is located in 12455 Research Boulevard, Austin, TX, United States, 78759 and employs 148,115 people. Flex is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 15.11 B. Flex conducts business under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 387.78 M outstanding shares of which 9.84 M shares are currently shorted by private and institutional investors with about 3.56 trading days to cover. Flex currently holds about 2.45 B in cash with 1.33 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.42.
Check Flex Probability Of Bankruptcy
Ownership Allocation
The majority of Flex outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Flex to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Flex. Please pay attention to any change in the institutional holdings of Flex as this could imply that something significant has changed or is about to change at the company. On October 8, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Flex's common stock.
Check Flex Ownership Details

Flex Stock Institutional Holders

InstituionRecorded OnShares
Lsv Asset Management2024-09-30
7.3 M
Massachusetts Financial Services Company2024-09-30
7.1 M
Victory Capital Management Inc.2024-09-30
M
Norges Bank2024-06-30
5.8 M
Jpmorgan Chase & Co2024-06-30
5.8 M
Amvescap Plc.2024-06-30
5.4 M
Nuveen Asset Management, Llc2024-06-30
5.3 M
Ing Investment Management Llc2024-06-30
4.8 M
Franklin Resources Inc2024-09-30
4.8 M
Primecap Management Company2024-09-30
43.2 M
Wellington Management Company Llp2024-06-30
38.1 M
View Flex Diagnostics

Flex Historical Income Statement

At this time, Flex's Interest Expense is fairly stable compared to the past year. Operating Income is likely to rise to about 1.1 B in 2024, whereas Depreciation And Amortization is likely to drop slightly above 410.9 M in 2024. View More Fundamentals

Flex Stock Against Markets

Flex Corporate Management

Gus ShahinChief OfficerProfile
Silvia GianelliSenior CommunicationsProfile
David RubinVice RelationsProfile
Daniel WendlerChief OfficerProfile

Additional Tools for Flex Stock Analysis

When running Flex's price analysis, check to measure Flex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Flex is operating at the current time. Most of Flex's value examination focuses on studying past and present price action to predict the probability of Flex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flex's price. Additionally, you may evaluate how the addition of Flex to your portfolios can decrease your overall portfolio volatility.