Evaluating Flex: Insights From 5 Financial Analysts
Portfolio Pulse from Benzinga Insights
Flex (NASDAQ:FLEX) has been analyzed by five financial analysts, showing a range of ratings from bullish to somewhat bullish. The average 12-month price target has increased by 19.1% to $39.6. Despite a recent revenue decline, Flex's net margin, ROE, and ROA exceed industry averages, indicating strong profitability and asset utilization. However, the company faces challenges with a high debt-to-equity ratio.
October 22, 2024 | 1:00 pm
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Flex has received predominantly bullish ratings from analysts, with a significant increase in the average 12-month price target. Despite a recent revenue decline, the company shows strong profitability and asset utilization, though it faces challenges with high debt levels.
The majority of analysts have given Flex bullish ratings, and the average price target has increased significantly, indicating positive sentiment. Despite a revenue decline, Flex's strong net margin, ROE, and ROA suggest effective cost control and asset utilization, which are positive indicators for investors. However, the high debt-to-equity ratio is a concern, potentially limiting financial flexibility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100