Flex Ltd (NASDAQ:FLEX)’s traded shares stood at 0.64 million during the latest session, with the company’s beta value hitting 1.04. At the last check today, the stock’s price was $43.09, to imply a decrease of -1.10% or -$0.48 in intraday trading. The FLEX share’s 52-week high remains $45.10, putting it -4.66% down since that peak but still an impressive 41.73% since price per share fell to its 52-week low of $25.11. The company has a valuation of $16.09B, with an average of 3.4 million shares in intraday trading volume over the past 10 days and average of 3.96 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Flex Ltd (FLEX), translating to a mean rating of 1.40. Of 3 analyst(s) looking at the stock, 0 analyst(s) give FLEX a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 2 recommend it as a Buy.
Flex Ltd (NASDAQ:FLEX) trade information
After registering a -1.10% downside in the latest session, Flex Ltd (FLEX) has traded red over the past five days. The 5-day price performance for the stock is 0.05%, and 2.45% over 30 days. With these gigs, the year-to-date price performance is 12.24%. Short interest in Flex Ltd (NASDAQ:FLEX) saw shorts transact 5.0 million shares and set a 1.19 days time to cover.
The extremes give us $24 and $45 for target low and target high price respectively. As such, FLEX has been trading -4.43% off suggested target high and 44.3% from its likely low.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 65.01% for the past 5-year period. While 2025 is set for a 10.23% return in earnings, projections for the next 5 years are at 9.19% annually.
FLEX Dividends
Flex Ltd has its next earnings report out on 2025-May-06. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Flex Ltd (NASDAQ:FLEX)’s Major holders
Flex Ltd insiders hold 0.81% of total outstanding shares, with institutional holders owning 103.56% of the shares at 104.41% float percentage. In total, 103.56% institutions holds shares in the company, led by PRIMECAP MANAGEMENT CO/CA/. As of 2024-06-30, the company held over 44.29 million shares (or 10.1807% of shares), all amounting to roughly $1.31 billion.
The next major institution holding the largest number of shares is FMR LLC with 40.15 million shares, or about 9.2306% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $1.18 billion.
We also have JANUS INVESTMENT FUND-Janus Henderson Enterprise Fund and VANGUARD HORIZON FUNDS-Vanguard Capital Opportunity Fund as the top two Mutual Funds with the largest holdings of the Flex Ltd (FLEX) shares. Going by data provided on Mar 31, 2025 , JANUS INVESTMENT FUND-Janus Henderson Enterprise Fund holds roughly 15.42 shares. This is just over 4.13% of the total shares, with a market valuation of $669.56 million. Data from the same date shows that the other fund manager holds a little less at 13.89, or 3.72% of the shares, all valued at about 602.98 million.
