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Is this Large Market Cap Stock target price reasonable for Flex Ltd. (NASDAQ:FLEX)?

The company in question is, Flex Ltd. (NASDAQ:FLEX) currently with a stock price of 13.72 (0.66% today). The market cap for Flex Ltd. is 7451.66, and is in the sector Technology, and Printed Circuit Boards industry. The target price for Flex Ltd. is 14.63. Currently Flex Ltd. is trading with a P/E of 17.32, and a forward P/E of 10.11. Average volume for Flex Ltd. is 4007.73 and so far today it is 2965782.

Performance in the last year for Flex Ltd. has been 21.48%. For EPS growth, Flex Ltd. has seen a growth of -22.60%, and is looking to grow in the next year to 13.66%. More long term stats show that EPS growth has been 0.30% over the last five years and could be 16.17% for the next five years. Flex Ltd. has seen sales growth quarter over quarter at 5.60%, with EPS growth quarter over quarter at 0.10%. The 20-day simple moving average is 4.05%, with the 200-day simple moving average coming to 13.69%.

Since the IPO date for Flex Ltd. on the 3/18/1994, Flex Ltd. has seen performance year to date to be 21.59%. With Flex Ltd. trading at 13.72, the dividend yield is *TBA, and the EPS is 0.79.

So could Flex Ltd., be undervalued? Well as said before P/E is 17.32. The PEG is 1.07, P/S is 0.3 and the P/B is at 2.83. The P/cash is *TBA, with P/free cash flow at 14.71.

Flex Ltd. ability to deal with debt shows that the current ratio is 1.3, and the quick ratio is 0.7. This is with long term debt/equity at 1.03, and total debt/equity at 1.05.

In terms of margins, Flex Ltd. has a gross margin of 6.70%, an operating margin of 2.30% and a profit margin of 1.80%.Payout ratio for Flex Ltd. is 0.00%. Return on assets come to 3.50% with return on investment coming to 10.00%.

Insider ownership for Flex Ltd., is at 0.50% and institutional ownership comes to 100.00%. Outstanding shares are at 546.71. While shares float is 542.21. The float short is currently 1.18%, and short ratio is 1.6.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Stephen Butters

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