The leading market experts have placed a mean price target of $14.42 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 $0.30 a share for the upcoming quarter and $1.23 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 hovering -0.70 or -5.56% distant from $12.55. It is noted that the 200-day MA is $11.49, and Flextronics International Ltd. stock is $0.36 or +3.14% off from this point. Flextronics International Ltd. (NASDAQ:FLEX) 52-week high is $13.23 and the 52-week low is $8.85. This explains if the stock moves $-1.38, it will post a 52-week high. In event of $+33.90% points 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 15.00. The stock last ended the trading session at $11.85 and registered a market cap of $6.43B. 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 0.57.
1 Chart Pattern Every Investor Should Know