In the preceding three months, 5 analysts have released ratings for Flex (NASDAQ:FLEX), presenting a wide array of perspectives from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 2 | 3 | 0 | 0 | 0 |
Last 30D | 0 | 1 | 0 | 0 | 0 |
1M Ago | 1 | 1 | 0 | 0 | 0 |
2M Ago | 0 | 0 | 0 | 0 | 0 |
3M Ago | 1 | 1 | 0 | 0 | 0 |
Analysts have set 12-month price targets for Flex, revealing an average target of $43.4, a high estimate of $52.00, and a low estimate of $35.00. A decline of 10.52% from the prior average price target is evident in the current average.
A clear picture of Flex's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating |Current Price Target| Prior Price Target | |--------------------|--------------------|---------------|---------------|--------------------|--------------------| |Samik Chatterjee |JP Morgan |Lowers |Overweight | $40.00|$52.00 | |Mark Delaney |Goldman Sachs |Lowers |Buy | $41.00|$53.00 | |Steve Barger |Keybanc |Lowers |Overweight | $35.00|$46.00 | |Ruben Roy |Stifel |Announces |Buy | $52.00|- | |George Wang |Barclays |Raises |Overweight | $49.00|$43.00 |
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Flex's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Flex analyst ratings.
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.
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Positive Revenue Trend: Examining Flex's financials over 3M reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 2.1% as of 31 December, 2024, showcasing a substantial increase in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Information Technology sector.
Net Margin: Flex's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 4.01%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Flex's ROE stands out, surpassing industry averages. With an impressive ROE of 5.26%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 1.43%, the company showcases effective utilization of assets.
Debt Management: Flex's debt-to-equity ratio surpasses industry norms, standing at 0.83. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
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