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Flex Ltd.: Update to credit analysis

Our credit view of this issuer reflects its improved product, end market, and geographic diversification for core EMS business, offset by weak demand across a number of markets.

Flex Ltd. - September 2024 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Flex Ltd: 1 director

A director at Flex Ltd sold 13,157 shares at 38.692USD and the significance rating of the trade was 63/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showin...

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Flex Ltd. and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 4 November 2024 in which we reassessed the appropriateness of the ratings in the context of the r...

Flex Ltd. - June 2024 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Flex Ltd. - March 2024 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Flex Ltd. - December 2023 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Flex Ltd.: Update to credit analysis

Despite the pending spin-off of Nextracker and macroeconomic weakness, the company's scale and global reach continue to support strong credit metrics.

Moody's affirms Flex's Baa3 senior unsecured rating; outlook stable

Moody's Investors Service (Moody's) affirmed the Baa3 senior unsecured rating of Flex Ltd. (Flex). The commercial paper rating of P-3 was also affirmed, and the outlook remains stable. RATINGS RATIONALE Flex's Baa3 senior unsecured rating benefits from the company's scale as one of the largest g...

Flex Ltd. - September 2023 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Flex Ltd. - June 2023 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Flex Ltd. - March 2023 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Valens Research
  • Valens Research

Valens Equity Weekly Insights - 2023 06 20

Flex (FLEX) is the best-positioned outsource manufacturing partner to take advantage of the supply-chain supercycle. Uniform Accounting highlights the company's growth and profitability potential from new business are not being priced in, indicating equity upside. Flex is unique among the outsourced manufacturing industry in that a large portion of its facilities are near, or on U.S. soil. Now that U.S. companies are in the process of adding more near- and on-shore manufacturing back to their s...

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

Flex Ltd.: Update to credit analysis

Despite economic weakness and supply chain constraints, company delivered good revenue growth and record level adjusted EBITDA for LTM Dec 2022. Recent IPO of Nextracker increases cash.

Flex Ltd. - December 2022 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Valens Research
  • Valens Research

Valens Equity Weekly Insights - 2023 02 07

Flex (FLEX) is the best-positioned outsource manufacturing partner to take advantage of the supply-chain supercycle. Uniform Accounting highlights the company's growth and profitability potential from new business are not being priced in, indicating equity upside. Flex is unique among the outsourced manufacturing industry in that a large portion of its facilities are near, or on U.S. soil. Now that U.S. companies are in the process of adding more near- and on-shore manufacturing back to their s...

Flex Ltd. - September 2022 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Moody's assigns Baa3 to Flex's new note offering

Moody's Investors Service, ("Moody's") assigned a Baa3 rating to the proposed senior unsecured notes of Flex Ltd. (Flex). Net proceeds from the new note issuance will be used primarily to refinance the company's notes due February 2023. All other ratings and the stable outlook are unchanged. Assig...

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