Stock In Limelight: Flextronics International Ltd. (NASDAQ:FLEX)


Flextronics International Ltd. (NASDAQ:FLEX) has obtained a mean price target of $14.210 by market experts. The research group First Call has reached this mean recommendation by taking into account the recommendations of leading analysts in the market. These market experts have disclosed projected earnings of $0.330 a share for the near-term quarter and $1.190 for this year. Technical View The technical analysis of Flextronics International Ltd. clearly shows that the moving average of 50-days of Flextronics International Ltd. (NASDAQ:FLEX) stock is $12.602, and stock is trading -0.257 or -2.037% off from $12.602. Coming to moving average of 200-days, it is $11.774, and the stock is $0.571 or +4.851% off from this point. The 52-week high of Flextronics International Ltd. (NASDAQ:FLEX) was $13.370 while $8.850 is the low in the same period. This state Flextronics International Ltd. shares price has to travel more than $-1.025 to register a new high of 52-weeks or drop $+39.492% to touch a new 52-week low point. MA here stands for moving average. Taking the Valuation Aspect To reach the estimation of Flextronics International Ltd., investors use price-to-earnings ratio, which is truncated as P/E ratio. It assesses shares price by the relative expense of the stock. Flextronics International Ltd. (NASDAQ:FLEX) ratio came in at 15.627, which was derived by dividing current price of stock by yearly earnings. Flextronics International Ltd. stock recorded a close of $12.345 in last trading session, reaching a market cap of $6.74B. Investors calculate the Price-to-Earnings-Growth ratio to get a clear view on the valuation of a firm. In the case of a higher PEG ratio, the shareholders look to sell their stock holdings. The undervalued stock has a PEG ratio of 0 or 1 while the fairly valued stock has the ratio of 1 and 2. The Flextronics International Ltd. (NASDAQ:FLEX) PEG ratio is at 0.650.

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