FLEX - Flex Ltd.
| Previous Close | 11.94 |
| Open | 12.07 |
| Bid | 11.01 x 3200 |
| Ask | 12.45 x 3100 |
| Day's Range | 11.98 - 12.24 |
| 52 Week Range | 7.16 - 12.54 |
| Volume | 3,389,939 |
| Avg. Volume | 4,950,320 |
| Market Cap | 6.191B |
| Beta (3Y Monthly) | 1.84 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.35 |
| Earnings Date | Jan 28, 2020 - Feb 3, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 13.86 |
- Moody's
Flex Ltd. -- Moody's announces completion of a periodic review of ratings of Flex Ltd.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Flex Ltd. New York, November 12, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Flex Ltd. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
- Thomson Reuters StreetEvents
Edited Transcript of FLEX earnings conference call or presentation 24-Oct-19 9:00pm GMT
Q2 2020 Flex Ltd Earnings Call
- Insider Monkey
Hedge Funds Have Never Been This Bullish On Flex Ltd. (FLEX)
Based on the fact that hedge funds have collectively under-performed the market for several years, it would be easy to assume that their stock picks simply aren't very good. However, our research shows this not to be the case. In fact, when it comes to their very top picks collectively, they show a strong ability […]
- Zacks
Electronics Stocks' Oct 30 Earnings Roster: KLAC, TEL & More
Here is a sneak peek at how four electronics stocks might fare in their quarterly results slated to release on Oct 30.
- Zacks
Flex (FLEX) Earnings Beat Estimates in Q2, Revenues Miss
Flex (FLEX) Q2 revenues battered by sluggish demand from China, soft demand from networking customers, and weakness in semiconductor capital equipment.
- Zacks
Flex (FLEX) Tops Q2 Earnings Estimates
Flex (FLEX) delivered earnings and revenue surprises of 3.33% and -2.83%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
- Business Wire
Flex Reports Second Quarter Fiscal 2020 Results
Flex today announced results for its second quarter ended September 27, 2019.
- Zacks
Flex (FLEX) Reports Next Week: Wall Street Expects Earnings Growth
Flex (FLEX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Simply Wall St.
Is Flex Ltd.'s (NASDAQ:FLEX) ROE Of 0.7% Concerning?
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
- Business Wire
Flex Receives Six Cisco 2019 Supplier Appreciation Awards
Flex (FLEX) today announced it was the recipient of six Cisco 2019 Supplier Appreciation Awards, including Supply Chain Operations’ Supplier of the Year. Cisco unveiled the award winners at its 28th Annual Supplier Appreciation Event at the Santa Clara Convention Center in California.
- Business Wire
Resilinc Partners with Flex to Accelerate Next-Gen Supply Chain Intelligence Solutions
Resilinc, the leading provider of cognitive supply chain monitoring and mitigation solutions, and Flex (FLEX), the global design and manufacturing company, today announced a partnership that will deliver Resilinc’s next-generation supply chain monitoring, analytics and collaboration applications to Flex. As part of this agreement, the global manufacturer’s digital supply chain called Flex PulseTM will have unprecedented access to Resilinc’s advanced AI-based solution, Eventwatch, which derives supply chain disruption intelligence from over 40 million news streams across 50 languages. This will further strengthen Flex’s responsive supply chain services and deliver flexibility and resiliency for its customers.
- Business Wire
Flex Announces Date for Second Quarter Fiscal 2020 Earnings Call
Flex will hold a conference call to discuss its second quarter fiscal year 2020 results on Thursday, October 24, 2019 at 2:00 p.m. Pacific Time .
- Business Wire
Flex Announces Lynn Torrel as Chief Supply Chain and Procurement Officer
Flex today announced that Lynn Torrel has been named chief supply chain and procurement officer, responsible for direct and indirect materials, transportation and logistics, business operations, materials management, and strategic supply chain management.
- Investopedia
Goldman Says 12 'Beaten Down' Stocks Primed for A Rally
While the market has soared to historic highs, these stocks offer compelling values, Goldman Sachs says.
- Bloomberg
Apple’s New Mac Pro to Be Assembled in Texas After Tariff Waiver
(Bloomberg) -- Apple Inc. said the next version of its high-end Mac Pro desktop computer will be assembled in Texas after the company received tariff waivers on key components.The new model will be produced in the same factory in Austin operated by Flex Ltd. that has produced the previous Mac Pro since 2013, Apple said in a statement Monday. Manufacturing of the new model was “made possible” after the U.S. government approved on Friday Apple’s request for a waiver on 25% tariffs on 10 key components imported from China. The company was granted exclusions on several parts, including processors, power components and the computer’s casing.While some key components will be made in China and exported to the U.S. for final assembly, Cupertino, California-based Apple said the new version includes 2.5 times the value of American-made parts as the previous model. The new Pro will include components made by more than 12 U.S. companies in states such as New York, Vermont and Arizona for distribution to U.S. customers, Apple said. The company didn’t specify whether this includes Mac Pros being sold outside the U.S.In a statement, Apple Chief Executive Officer Tim Cook thanked “the administration for their support enabling this opportunity.”Texas Governor Greg Abbott said his state’s “economy is thriving as the tech and manufacturing sectors continue to expand. I am grateful for Apple’s commitment to creating jobs in Texas.”Cook has met frequently with U.S. government officials, including President Donald Trump, in an effort to ease the impact of the U.S.-China trade war on Apple’s business. Over the summer there were reports that Apple would move production of the Mac Pro to China to escape a widening list of tariffs on Chinese-made goods.Trump had previously signaled that relief from tariffs on the Mac Pro would be rejected, saying in a July 26 tweet that “Apple will not be given Tariff waiver, or relief, for Mac Pro parts that are made in China. Make them in the USA, no Tariffs!” However, the president later told reporters “we’ll work it out.”While Apple did receive tariff relief for the 10 Mac Pro components, it has five other requests pending and hasn’t been spared from all duties. Products such as the Apple Watch, AirPods and iMac computers were hit by 15% tariffs earlier this month, while the iPhone, iPad and other major Apple products are set to be impacted later in December. Apple has maintained that its products are primarily designed in the U.S. and has grown its local investment since the trade war began brewing.The new Mac Pro’s production will begin soon, Apple said, without specifying a launch timeline. The revamped model was announced in June at the company’s annual conference for developers and starts at $6,000. Compared with the previous version, the new model is far more customizable and integrates with a new high-resolution external monitor.\--With assistance from Mark Niquette.To contact the reporter on this story: Mark Gurman in San Francisco at mgurman1@bloomberg.netTo contact the editors responsible for this story: Tom Giles at tgiles5@bloomberg.net, Molly Schuetz, Robin AjelloFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Simply Wall St.
Are Flex Ltd.’s (NASDAQ:FLEX) Returns Worth Your While?
Today we'll look at Flex Ltd. (NASDAQ:FLEX) and reflect on its potential as an investment. In particular, we'll...
- InvestorPlace
7 Cheap Semiconductor Stocks to Buy Now
U.S. equities are rebounding on Wednesday thanks to relief from a number of pain points, including the rising odds of a Brexit deal to a possible stand down in Hong Kong. The result is a return by the large-cap indices back to the upper end of their two-month trading range.But beneath the surface, moves are being made by semiconductor stocks -- arguably the most business cycle sensitive area of the market. The VanEck Vectors Semiconductor ETF (NYSEARCA:SMH) is breaking out of its two-month range with a push to levels not see since late July.The sector has been in a holding pattern since April but could see a breakout here on turnaround hopes.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Best Tech Stocks to Buy Right Now Here are seven cheap chip-making stocks to buy. Semiconductor Stocks to Buy: Flex (FLEX)Shares of Flex (NASDAQ:FLEX), a supplier of printed circuit boards based out of Singapore, are enjoying support near their 200-day moving average. FLEX is finding a low near the $9 level that's been tested three separate times over the past five months. The company will next report results on Oct. 24 after the close. Analysts are looking for earnings of 31 cents per share on revenues of $6.3 billion. TTM Technologies (TTMI)TTM Technologies (NASDAQ:TTMI) is another provider of printed circuit boards, the foundation for the "digital brains" of so many manufactured goods. The company was founded in 1978 and is based in California. Shares look ready for an upside breakout above their 200-day moving average in what would be the first major rally since shares peaked in summer 2018. The company will next report results on Oct. 29 after the close. Analysts are looking for earnings of 38 cents per share on revenues of $709.7 million. Amkor Technology (AMKR)Shares of Amkor Technology (NASDAQ:AMKR) have rallied back to test the highs set between February and May, capping a sideways range going all the way back to late 2016. The company is a provider of semiconductor packaging and testing services to manufacturers. Amkor will next report results Oct. 28 after the close. Analysts are looking for earnings of 8 cents per share on revenues of $1 billion. Celestica (CLS)Celestica (NYSE:CLS) provides a variety of hardware services to the electronics industry including manufacturing, assembly and testing. The company's headquarters are in Toronto. Shares are finding a base near the lows set in June, setting up a rally to the 200-day moving average which would be worth a gain of more than 20% from here. The company will next report on Oct. 24 after the close. Analysts at looking for earnings of 12 cents per share on revenues of $1.4 billion. ASE Technology (ASX)Shares of ASE Technology (NYSE:ASX) are rising to test the highs set in April and in the summer of 2018. The stock was recently upgraded by analysts at Goldman Sachs and Macquarie. The company provides a variety of packaging and testing services out of its headquarters in Taiwan. Watch for a breakout to the highs set in early 2018 which would be worth a rise of more than 50% from here. AU Optronics (AUO)Shares of AU Optronics (NYSE:AUO) are challenging their 50-day moving average for the third time since prices broke down earlier this year. Shares were recently upgraded by analysts at HSBC Securities. The company manufactures liquid crystal displays and other monitors for everything from ATM machines to slot machines. The company will next report on Oct. 30 before the bell. Analysts are looking for a loss of 7 cents per share on revenues of $2.3 billion. Photronics (PLAB)Shares of Photronics (NASDAQ:PLAB) are testing the highs set back in February after rising nearly 40% off of the lows set in July. The company manufactures photomasks used in the making of semiconductors and flat panel displays. Photronics was founded in 1969 and is based in Connecticut. The company will next report results on Dec. 11 before the bell. Analysts are looking for earnings of 12 cents per share on revenues of $147 million.As of this writing, William Roth did not hold any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Deeply Discounted Energy Stocks to Buy * 7 Stocks to Buy In a Flat Market * 10 Stocks to Buy to Ride China's Emerging Wealth The post 7 Cheap Semiconductor Stocks to Buy Now appeared first on InvestorPlace.
- Zacks
Flex (FLEX) Down 2.3% Since Last Earnings Report: Can It Rebound?
Flex (FLEX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Simply Wall St.
If You Had Bought Flex (NASDAQ:FLEX) Stock A Year Ago, You'd Be Sitting On A 25% Loss, Today
It's easy to match the overall market return by buying an index fund. When you buy individual stocks, you can make...
- Bloomberg
Hon Hai Profit Tops Estimates on Resilient Huawei Orders
(Bloomberg) -- Hon Hai Precision Industry Co., the biggest assembler of iPhones, reported better-than-projected earnings after snagging additional business from Chinese smartphone giant Huawei Technologies Co.The company reported a 2.5% decline in net income to NT$17.1 billion, compared with the average analyst estimate of NT$16.3 billion. Revenue for the April-June period reached NT$1.16 trillion, according to Bloomberg calculations from previous monthly sales data provided by the company, a record for the second quarter.Hon Hai, the biggest piece of billionaire Terry Gou’s Foxconn Technology Group, has struggled to find new sources of growth after smartphone demand began to tail off in 2018. But in the June quarter, its Hong Kong-listed subsidiary FIH Mobile Ltd. cut costs and likely won orders from rival Flex Ltd., which shunned business from Huawei in response to U.S. sanctions. While investors expect U.S. President Donald Trump’s sanctions to eventually wallop Huawei’s business, the impact of those curbs should be fully felt only in the second half of the year.Flex’s orders from Huawei had gone to FIH, and that would benefit the company’s sales momentum in the second half, analyst Arthur Liao at Fubon Securities wrote in a July 23 note.To contact the reporter on this story: Debby Wu in Taipei at dwu278@bloomberg.netTo contact the editors responsible for this story: Edwin Chan at echan273@bloomberg.net, Colum MurphyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Reuters
Exclusive: China's Huawei seeks compensation from Flex over withheld goods
Huawei Technologies said it was seeking compensation from its contract manufacturer Flex Ltd for illegally withholding some 400 million yuan ($57 million) worth of its goods in the wake of a U.S. trade ban on the Chinese firm. In the letter, Huawei says Flex's Chinese unit "disregarded Chinese law" by refusing to return production equipment, raw materials and half-made products belonging to Huawei worth around 400 million yuan at its Zhuhai factory "for nearly two months" after Washington banned Huawei in May, the source said. The Huawei-Flex situation marks the latest fallout from Washington's trade sanctions against Huawei that has caused much disruption and confusion in the global tech supply chain.
- Reuters
Flex says China jobs impacted after Huawei row
Flex Ltd , a contract manufacturer for Huawei that is locked in a dispute with the Chinese tech giant over about $100 million worth of assets, said the market situation was affecting some of its jobs in the Asian nation. Chinese financial magazine Caixin reported late on Sunday that some 10,000 Flex jobs in China were expected to be cut as two major factories in Changsha and Zhuhai had stopped work due to its row with Huawei. While declining to comment on the report, a Flex spokesman said "after careful review of the market situation and customer need, we are offering impacted employees job opportunities within Flex Zhuhai Industrial Park and other Flex locations".
- Thomson Reuters StreetEvents
Edited Transcript of FLEX earnings conference call or presentation 25-Jul-19 9:00pm GMT
Q1 2020 Flex Ltd Earnings Call
