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How to buy Flex stock
Own Flex stock in just a few minutes.
Flex Ltd is an electronic components business based in the US. Flex shares (FLEX) are listed on the NASDAQ and all prices are listed in US Dollars. Flex employs 160,000 staff and has a trailing 12-month revenue of around USD$23.3 billion.
How to buy shares in Flex
- Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
- Search for Flex. Find the stock by name or ticker symbol: FLEX. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Flex reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Flex, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Flex. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- FLEX shares summary
- Compare share dealing platforms
- Is FLEX stock a buy or sell?
- Stock performance over time
- Can I short FLEX shares?
- Is FLEX suitable for ethical investing?
- Are FLEX shares over-valued?
- Flex's financials
- How volatile are FLEX shares?
- Does Flex pay a dividend?
- Have FLEX shares ever split?
- Other common questions
Flex share price
Use our graph to track the performance of FLEX stocks over time.Flex shares at a glance
Information last updated 2021-03-24.
| 52-week range | USD$7.355 - USD$20.04 |
|---|---|
| 50-day moving average | USD$18.2883 |
| 200-day moving average | USD$15.9832 |
| Wall St. target price | USD$22.43 |
| PE ratio | 20.2768 |
| Dividend yield | N/A (0%) |
| Earnings per share (TTM) | USD$0.831 |
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy Flex stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Is Flex under- or over-valued?
Valuing Flex stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Flex's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Flex's P/E ratio
Flex's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 20x. In other words, Flex shares trade at around 20x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Flex's PEG ratio
Flex's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.97. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Flex's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Flex's EBITDA
Flex's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$1.2 billion.
The EBITDA is a measure of a Flex's overall financial performance and is widely used to measure a its profitability.
Flex financials
| Revenue TTM | USD$23.3 billion |
|---|---|
| Operating margin TTM | 3.22% |
| Gross profit TTM | USD$1.5 billion |
| Return on assets TTM | 3.16% |
| Return on equity TTM | 13.43% |
| Profit margin | 1.81% |
| Book value | $6.776 |
| Market capitalisation | USD$8.4 billion |
TTM: trailing 12 months
Shorting Flex shares
There are currently 6.8 million Flex shares held short by investors – that's known as Flex's "short interest". This figure is 7.8% down from 7.4 million last month.
There are a few different ways that this level of interest in shorting Flex shares can be evaluated.
Flex's "short interest ratio" (SIR)
Flex's "short interest ratio" (SIR) is the quantity of Flex shares currently shorted divided by the average quantity of Flex shares traded daily (recently around 5.6 million). Flex's SIR currently stands at 1.22. In other words for every 100,000 Flex shares traded daily on the market, roughly 1220 shares are currently held short.
However Flex's short interest can also be evaluated against the total number of Flex shares, or, against the total number of tradable Flex shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Flex's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Flex shares in existence, roughly 10 shares are currently held short) or 0.0184% of the tradable shares (for every 100,000 tradable Flex shares, roughly 18 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Flex.
Find out more about how you can short Flex stock.
Flex's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Flex.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Flex's total ESG risk score
Total ESG risk: 6.09
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Flex's overall score of 6.09 (as at 12/31/2018) is excellent – landing it in it in the 2nd percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Flex is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Flex's environmental score
Environmental score: 0.74/100
Flex's environmental score of 0.74 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that Flex is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Flex's social score
Social score: 2.45/100
Flex's social score of 2.45 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that Flex is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Flex's governance score
Governance score: 2.39/100
Flex's governance score puts it squarely in the 2nd percentile of companies rated in the same sector. That could suggest that Flex is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Flex's controversy score
Controversy score: 1/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Flex scored a 1 out of 5 for controversy – the highest score possible, reflecting that Flex has managed to keep its nose clean.
Environmental, social, and governance (ESG) summary
Flex Ltd was last rated for ESG on: 2019-01-01.
| Total ESG score | 6.09 |
|---|---|
| Total ESG percentile | 1.52 |
| Environmental score | 0.74 |
| Environmental score percentile | 2 |
| Social score | 2.45 |
| Social score percentile | 2 |
| Governance score | 2.39 |
| Governance score percentile | 2 |
| Level of controversy | 1 |
Flex share dividends
We're not expecting Flex to pay a dividend over the next 12 months.
Have Flex's shares ever split?
Flex's shares were split on a 2:1 basis on 16 October 2000. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Flex shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Flex shares which in turn could have impacted Flex's share price.
Flex share price volatility
Over the last 12 months, Flex's shares have ranged in value from as little as $7.355 up to $20.04. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Flex's is 1.6625. This would suggest that Flex's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Flex overview
Flex Ltd. provides design, engineering, manufacturing, and supply chain services and solutions to original equipment manufacturers in Asia, the Americas, and Europe. It operates through High Reliability Solutions, Industrial and Emerging Industries, Communications & Enterprise Compute, and Consumer Technologies Group segments. The company provides a portfolio of technologies in electrical/electronics, electromechanical, and software; and cross-industry technologies, including human machine interface, audio and video, system in package, miniaturization, IoT platforms, and power management. It also designs and integrates advanced data center servers, storage and networking equipment, and data center appliances. In addition, the company provides value-added design and engineering services; and systems assembly and manufacturing services that include enclosures, testing services, and materials procurement and inventory management services. Further, it offers chargers for smartphones and tablets; adapters for notebooks and gaming systems; power supplies for the server, storage, and networking markets; isolated DC/DC converters and non-isolated Point of Load converters for the information and communications technology market; and specialized power module solutions for other markets. Additionally, the company provides after-market and forward supply chain logistics services comprising supplier-managed inventory, inbound freight management, product postponement, build/configure to order, order fulfillment and distribution, asset tracking, and supply chain network design; and reverse logistics and repair solutions, including returns management, exchange programs, complex repair, asset recovery, recycling, and e-waste management. The company was formerly known as Flextronics International Ltd. and changed its name to Flex Ltd. in September 2016. Flex Ltd. was founded in 1990 and is based in Singapore.
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