Flextronics International Ltd. (NASDAQ:FLEX) has a mean price target of $14.210 by market experts. Market leading group First Call has reached this recommendation by considering recommendations of top analysts in the industry. These experts have specified earnings of $0.330 a share for the very next quarter and $1.190 for this year.
The technical study of Flextronics International Ltd. demonstrates that the 50-day moving average of Flextronics International Ltd. (NASDAQ:FLEX) stock is $12.840, and is trading $0.095 points away or +0.740% from 50-day moving average of $12.840. It is trading $0.559 or +4.518% away 200-day moving average of $12.376.
The 52-week high of Flextronics International Ltd. (NASDAQ:FLEX) was $13.370 while $8.850 is the low mark in the same period. It state Flextronics International Ltd. share price has to surge more than $-0.435 to hit 52-week high or drop +46.158% to make a 52-week mark. MA here hints at moving average.
Taking the valuation part to reach the estimation of Flextronics International Ltd., investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. Flextronics International Ltd. (NASDAQ:FLEX) ratio came in at 16.373, after dividing current equity price by yearly earnings. Flextronics International Ltd. stock recorded a close of $12.935 in last trading session, registering a market cap of $7.06B.
The price-earnings ratio can be seen as a means of regulating the value of per dollar of earnings through the stock market. In concept, by taking the average of P/E over a period of numerous years, one could frame something of a uniform P/E ratio, which can then be understood as a benchmark and utilized to indicate whether or not a share is worth buying.
Investors estimate the Price-to-Earnings-Growth ratio to catch up with a clear view on the firm valuation. For stocks with higher PEG ratio, they are considered as sell option. The undervalued equity displays PEG ratio of 0 or 1. On contrary, the fairly valued equity has ratio of 1 and 2. Flextronics International Ltd. (NASDAQ:FLEX) PEG ratio is at 0.680.
1 Chart Pattern Every Investor Should Know
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