How to Buy Flex Stock
Flex Ltd
Flex Ltd. provides design, engineering, manufacturing, and supply chain services and solutions to original equipment manufacturers in Asia, the Americas, and Europe.
Flex stock last closed at $28.97, up 0.94% from the previous day, and has increased 46.02% in one year. It has overperformed other stocks in the Electronic Components industry by 0.29 percentage points. Flex stock is currently +45.94% from its 52-week low of $19.85, and -6.34% from its 52-week high of $30.93.
There are currently 421.16M shares of FLEX outstanding. The market cap of FLEX is $12.20B. In the past 24 hours, 2.91M FLEX shares were traded.
How to Buy Flex Stock
Not sure how to invest in Flex stock? Here's how.
- Choose where to buy Flex stock: You need to choose an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you determine where to buy Flex stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Pick your method of payment and add your info.
- Evaluate Flex stock: The Flex ticker symbol is FLEX. Is Flex stock a good investment? Should you buy shares of FLEX? How do FLEX's underlying business fundamentals look? Do top analysts think Flex is a good buy? Why has FLEX's stock price moved recently? (Hint: Our stock market research tools can help you understand if FLEX is a good stock to buy).
- Place your FLEX trade: Decide if you will purchase FLEX shares at the current market price or use a limit order to buy FLEX stock at a particular price.
- Get updates on your FLEX investment: Create a watchlist to track your new investment in Flex shares.
Step 1: Choose where to buy Flex stock
You need an online brokerage account in order to access the NASDAQ market and buy FLEX shares.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen your brokerage, you'll need to fill out some personal information so you are able to buy FLEX stock today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to start your new brokerage account.
- Submit your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've finished signing up on the best stock app, you can securely and quickly fund your account:
Watch the tutorial below for more details transferring funds into your new brokerage account.
Step 4: Evaluate Flex stock
After you have identified the best place to buy Flex stock, it's crucial to analyze their stock prior to buying, so you can comprehend the risk and opportunity.
Flex stock at a glance
Fundamentals of Flex
WallStreetZen was built to help everyday investors perform more accurate fundamental analysis.
You can see all of the due diligence checks on FLEX's stock page.
Is FLEX stock overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge FLEX's fair value.
Using relative valuations measures:
- FLEX may be undervalued based on its P/E ratio of 16.94x, relative to Electronic Components industry P/E ratio of 25.95x
- FLEX could be undervalued based on its P/B ratio of 2.05x, relative to Electronic Components industry P/B ratio of 3.53x
- FLEX may be undervalued based on its PEG ratio of 0.5x
You can do more valuation research on FLEX's stock here.
How do FLEX Financials look?
Signs that FLEX is financially healthy:
- There are more short-term assets than long-term liabilities on the FLEX balance sheet.
- Total FLEX debt is lower than 5 years ago, relative to shareholder equity.
- FLEX's operating cash flow of $1.10B allows it to safely service it's debt of $3.94B.
- There are more short-term assets than short-term liabilities on the FLEX balance sheet.
Signs that FLEX is not financially healthy:
- FLEX has a relatively high debt to equity ratio of 2.33.
- FLEX earnings of $780.00M is not enough to cover its interest payments.
- FLEX profit margin has gone down from 2.8% to 2.6% in the past year.
Is it a good time to buy Flex stock, according to analysts?
Out of 2 Wall Street analysts who track FLEX, the consensus analyst rating on FLEX is a Strong Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Flex stock forecast page.
Metrics for Advanced FLEX Traders
FLEX Performance Metrics
Last year, FLEX earnings were $753.00M. Over the past 5 year, FLEX's earnings have gone up by 46.9% per year. This was faster than the Electronic Components industry average of 13.96%.
Last year, FLEX revenue was $29.39B. In the past 5 year, FLEX's revenue has increased by 2.17% per year. This was slower than the Electronic Components industry average of 6.35%.
You can analyze FLEX's earnings and revenue performance here.
Latest Insiders Trades at FLEX
In the last 12 months, executives and large shareholders at FLEX have sold more shares than they have bought.
Kwang Hooi Tan, Group President of FLEX, was the latest FLEX insider to sell. They sold $231,233.79 worth of FLEX shares on Mar 13, 2024.
Get more info about who owns FLEX shares here.
Does FLEX provide a stable income stream?
No, Flex doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your FLEX trade
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a specific price limit, place a limit order.
Press the Open button and eToro will place the order.
If you want additional info about buying stocks on eToro, click the how to video below:
Step 6: Get updates on your FLEX investment
Now that you own some shares in FLEX, you'll want to keep up with your stock purchase.
Make a watchlist to track the latest developments regarding your FLEX stock.
FLEX Feed
How to Buy Stock in Flex
To reiterate, here are the 6 steps for buying Flex stock:
- Choose where to buy Flex stock
- Create a brokerage account
- Put funds into your brokerage account
- Evaluate Flex stock
- Place your FLEX trade
- Get updates on your FLEX investment
If you are looking for a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest scoop on your investment in Flex, create your watchlist below.
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