Stock To Watch: Flextronics International Ltd. (NASDAQ:FLEX)


The leading market experts have placed a mean price target of $14.21 on Flextronics International Ltd. (NASDAQ:FLEX) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.33 a share for the upcoming quarter and $1.19 for the current fiscal.

Technical View

The technical analysis of Flextronics International Ltd. plainly substantiates that the 50-day moving average of Flextronics International Ltd. is $12.55, and stock is trading $0.18 points away or +1.45% from its 50-day moving average of $12.55. Further it is trading $0.82 or +6.93% away its 200-day moving average of $11.91. Flextronics International Ltd. (NASDAQ:FLEX) 52-week high is $13.37 and the 52-week low is $8.85.

This explains if the stock moves $-0.64, it will post a 52-week high. In event of +43.84% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Flextronics International Ltd., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Flextronics International Ltd. (NASDAQ:FLEX) ratio came in at 16.11.

The stock last ended the trading session at $12.73 and registered a market cap of $6.95B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Flextronics International Ltd. (NASDAQ:FLEX) PEG ratio is at 0.66.

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