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FLEX / Flex: Strong Trends Ahead Of Quarterly Results, Margins In Focus

Flex: Strong Trends Ahead Of Quarterly Results, Margins In Focus
I reiterate a buy on Flex Ltd. ahead of its Q1 2024 earnings release due to its robust valuation and technical trends. The Singapore-based company, valued at $12.4 billion, is expected to report Q1 2024 revenue in the $7 to $7.5 billion range and adjusted EPS between $0.47 and $0.53. Despite no dividends expected, the stock still looks valuable with low-teen non-GAAP P/E multiples and a PEG ratio well below 1, with a fair value near $40. Read More
Posted: Jul 16 2023, 01:47
Author Name: Seeking Alpha
Views: 080822

FLEX News  

FLEX or TRMB: Which Is the Better Value Stock Right Now?

By Zacks Investment Research
October 30, 2023

FLEX or TRMB: Which Is the Better Value Stock Right Now?

Investors looking for stocks in the Electronics - Miscellaneous Products sector might want to consider either Flex (FLEX) or Trimble Navigation (TRMB) more_horizontal

Why Flex Stock Popped Today

By The Motley Fool
October 26, 2023

Why Flex Stock Popped Today

Flex announced stronger-than-expected earnings for its fiscal second quarter, driven by margin expansion initiatives. The manufacturing leader also an more_horizontal

Flex Announces Date for Second Quarter Fiscal 2024 Earnings Call

By PRNewsWire
October 9, 2023

Flex Announces Date for Second Quarter Fiscal 2024 Earnings Call

AUSTIN, Texas , Oct. 9, 2023 /PRNewswire/ -- Flex (NASDAQ: FLEX) will announce its second quarter fiscal 2024 financial results after the market close more_horizontal

Flex: A Solar-Powered Future

By Seeking Alpha
September 27, 2023

Flex: A Solar-Powered Future

Flex has achieved a higher than its long-term average operating margin due to the success of its Nextracker segment, which has had significant revenue more_horizontal

Why Flex (FLEX) is a Top Value Stock for the Long-Term

By Zacks Investment Research
September 22, 2023

Why Flex (FLEX) is a Top Value Stock for the Long-Term

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage. more_horizontal

Here's Why Flex (FLEX) is a Strong Value Stock

By Zacks Investment Research
August 31, 2023

Here's Why Flex (FLEX) is a Strong Value Stock

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores. more_horizontal

FLEX vs. GRMN: Which Stock Should Value Investors Buy Now?

By Zacks Investment Research
August 11, 2023

FLEX vs. GRMN: Which Stock Should Value Investors Buy Now?

Investors interested in stocks from the Electronics - Miscellaneous Products sector have probably already heard of Flex (FLEX) and Garmin (GRMN). But more_horizontal

FLEX Q1 Earnings Surpass Estimates, Revenues Decrease Y/Y

By Zacks Investment Research
July 27, 2023

FLEX Q1 Earnings Surpass Estimates, Revenues Decrease Y/Y

FLEX's first-quarter fiscal 2024 performance is affected by weakness across the Agility Solutions segment. more_horizontal


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