Alert: Positive Investment/Fundamental Signals (12/4/23)-Flex Ltd (NASDAQ: FLEX)


Important positive changes in Flex Ltd (NASDAQ: FLEX) investment behavior have recently occurred: the stock’s recent price rise disrupted its longer term downtrend.

Recent notable positive changes in fundamentals have benefitted Flex Ltd (NASDAQ: FLEX): the consensus estimate for March, 2024 increased significantly, the consensus estimate for March, 2023 increased significantly, and significant quarterly earnings acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

FLEX is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Flex has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Flex has a good Appreciation Score of 76 and a very high Power Rating of 96, resulting in the Highest Value Trend Rating.

Recent Price Action

On 12/4/23, Flex Ltd (NASDAQ: FLEX) stock declined by -2.2%, closing at $25.42. Trading volume in this decline was normal. The stock has declined -3.6% during the last week but has been exceptionally strong relative to the market over the last nine months.

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