Flex Ltd (NASDAQ:FLEX) exchanged hands 3,806,419 shares versus average trading capacity of 3.21M shares. Flex Ltd (NASDAQ:FLEX)’s total market worth is $8.07B along with 540.00M outstanding shares.
Insiders has most recently took part in a trading activity, Tan Lay Koon, Director of the company in a transaction that occurred 1/18/2017 sold 293 shares of the stock. The stock was sold at a price of $14.69, for a total value of $4,305. Subsequent to the transaction Tan Lay Koon owned a total of 117,122 shares of the stock.
In a separate transaction on 11/28/2016, Bennett David P, Chief Accounting Officer sold 7,500 shares of the stock. The stock was sold at a price of $14.52, for a total worth of $108,902. Succeeding to the transaction Bennett David P owned overall 71,519 shares of the stock.
Moreover, Bingham H Raymond, Director sold 20,000 shares of the stock in a reserved transaction that ensued on 11/25/2016. At a price of $14.51, the stock was sold for an entire value of $290,162. Consequent to the transaction Bingham H Raymond owned a total of 43,262 shares of the stock.
Currently, 0.30% shares of Flex Ltd (NASDAQ:FLEX) are owned by insiders with -14.38% six-month change in the insider ownership.
Flex Ltd (NASDAQ:FLEX) ended last trading session at the price of $14.76 whereas a number of traders indicating mean target price will hit $55 over the next twelve months, mean value of price target most recently revised on 12/08/16. Flex Ltd (NASDAQ:FLEX)’s highest estimates of price target are $45 and low forecast is $23 based on the opinion of 14 analysts. The price target estimates represents a standard deviation of 1.40. However brokerage recommendations suggests an ABR of 1.57 based on calls of 7 experts.
Flex Ltd (NASDAQ:FLEX) is expected to release the earnings of its current quarter on 1/26/17 After Market Close. The company is expected to release $0.33 EPS during current quarter according to 13 analysts whereas the company reported $0.35 EPS during same quarter a year ago. For the current quarter the stock has a lowest EPS estimates of $0.32 and high estimate of $0.34. Flex Ltd (NASDAQ:FLEX)’s average revenue estimates for the current quarter are $6.21B according to 12 number of analysts. However its lowest revenue estimates are $6.2B and highest revenue estimates are $6.22B. A year ago the company’s sales were $6.76B. Its yearly sales growth estimates are -8.20%. Past 5 years growth of Flex Ltd (NASDAQ:FLEX) observed at 7.81%, and for the next five years the analysts that follow this company are expecting its growth at 16.00%.