A Look Into Flex Inc's Price Over Earnings
Portfolio Pulse from Benzinga Insights
Flex Inc. (NASDAQ:FLEX) is trading at $35.25, with a 0.11% increase in the current session. Over the past month, the stock rose by 7.73%, and by 88.42% over the past year. Its P/E ratio of 17.61 is lower than the industry average of 33.17, suggesting potential undervaluation or weak growth prospects.
October 28, 2024 | 8:31 pm
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Flex Inc. is trading at $35.25 with a slight increase today. Its P/E ratio of 17.61 is below the industry average, which could indicate undervaluation or weak growth prospects.
Flex Inc.'s stock has shown significant growth over the past year, but its P/E ratio is lower than the industry average. This could mean the stock is undervalued, which might attract investors, or it could suggest weak growth prospects, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100