Flex Ltd. (FLEX) Analysts See $0.20 EPS

Flex Ltd. (NASDAQ:FLEX) Logo
Investors sentiment increased to 1.27 in 2019 Q1. Its up 0.28, from 0.99 in 2018Q4. It improved, as 25 investors sold Flex Ltd. shares while 72 reduced holdings. 42 funds opened positions while 81 raised stakes. 470.93 million shares or 0.35% more from 469.28 million shares in 2018Q4 were reported.
Comml Bank Of America Corp De holds 0% or 3.14 million shares in its portfolio. Birmingham Mgmt Inc Al holds 0.16% or 35,650 shares in its portfolio. Greenwich Wealth Management Limited Liability has invested 0.32% in Flex Ltd. (NASDAQ:FLEX). Paloma Prtn Management Company accumulated 0% or 15,904 shares. Ipg Investment Advsr Limited Company owns 1.85M shares or 0.01% of their US portfolio. Loews holds 0.1% in Flex Ltd. (NASDAQ:FLEX) or 1.17M shares. Lingohr & Partner Asset Management Gmbh holds 0.77% or 75,700 shares. Cullen Frost Bankers holds 0% or 135 shares in its portfolio. Geode Management Ltd Llc has 680,173 shares for 0% of their portfolio. 27,495 are owned by First Mercantile. Whittier Trust owns 472 shares. Massmutual Fsb Adv stated it has 0% in Flex Ltd. (NASDAQ:FLEX). National Bank Of Mellon holds 0% of its portfolio in Flex Ltd. (NASDAQ:FLEX) for 769,052 shares. Daiwa Group Inc has invested 0.03% in Flex Ltd. (NASDAQ:FLEX). Advisory Net Limited invested in 0% or 1,267 shares.

Analysts expect Flex Ltd. (NASDAQ:FLEX) to report $0.20 EPS on July, 25.They anticipate $0.02 EPS change or 9.09 % from last quarter’s $0.22 EPS. FLEX’s profit would be $102.73 million giving it 12.25 P/E if the $0.20 EPS is correct. After having $-0.12 EPS previously, Flex Ltd.’s analysts see -266.67 % EPS growth. The stock increased 0.56% or $0.06 during the last trading session, reaching $9.8. About 1.84M shares traded. Flex Ltd. (NASDAQ:FLEX) has declined 27.77% since July 18, 2018 and is downtrending. It has underperformed by 32.20% the S&P500.

Flex Ltd. (NASDAQ:FLEX) Ratings Coverage

Among 2 analysts covering Flex (NASDAQ:FLEX), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Flex had 5 analyst reports since February 22, 2019 according to SRatingsIntel. The rating was upgraded by Goldman Sachs to “Buy” on Thursday, June 6. The stock of Flex Ltd. (NASDAQ:FLEX) earned “Overweight” rating by JP Morgan on Wednesday, May 29.

Flex Ltd. provides design, engineering, manufacturing, and supply chain services and solutions to original equipment manufacturers worldwide. The company has market cap of $5.03 billion. It offers innovation services, such as innovations labs for supporting customer design and product development services from early concept stages; collective innovation platform, an ecosystem of technology solutions; Lab IX, a startup accelerator program; centers of excellence solutions in critical areas; interconnect technology center for printed circuits; and CloudLabs that enables clients to accelerate a spectrum of cloud, converged infrastructure, and datacenter strategies. It has a 55.34 P/E ratio. The firm also provides design and engineering services, including contract design and joint development manufacturing services, which cover various technical competencies, such as system architecture, user interface and industrial design, mechanical engineering, technology, enclosure systems, thermal and tooling design, electronic system design, reliability and failure analysis, and component level development engineering; and systems assembly and manufacturing services.

More notable recent Flex Ltd. (NASDAQ:FLEX) news were published by: Seekingalpha.com which released: “Flex Pharma stockholders back Salarius merger; shares up 15% after hours – Seeking Alpha” on July 12, 2019, also Nasdaq.com with their article: “Omega Flex, Inc. (OFLX) Ex-Dividend Date Scheduled for June 21, 2019 – Nasdaq” published on June 20, 2019, Nasdaq.com published: “Ex-Dividend Reminder: Broadcom, FedEx and Omega Flex – Nasdaq” on June 19, 2019. More interesting news about Flex Ltd. (NASDAQ:FLEX) were released by: Nasdaq.com and their article: “Luminex (LMNX) Presents ARIES MRSA Assay to FDA for Clearance – Nasdaq” published on July 03, 2019 as well as Nasdaq.com‘s news article titled: “After Hours Most Active for Jun 18, 2019 : CMCSA, QQQ, VIAB, COST, FLEX, MGI – Nasdaq” with publication date: June 18, 2019.

Flex Ltd. (NASDAQ:FLEX) Ratings Chart

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