Flextronics International Ltd. (NASDAQ:FLEX) predictive Earnings Analysis

Flextronics International Ltd. (NASDAQ:FLEX) moved down -0.43% and closed its last trading session at $13.74. This Computer and Technology Sector stock currently has the Market Capitalization of 7.54 Billion. The Average Volume for the stock is measured as 3.84 Million. The Stock has a 52-Week High of $14.29 and 52-Week Low of $8.85 following the dates, it touched its 52-Week High on Oct 10, 2016 and 52-Week Low on Jan 20, 2016. Currently, the Return on Assets value for the trailing twelve months is 3.5% with the Return on Equity and Return on Investment of 17.3% and 10% respectively. This firm currently has YTD (year to date) performance of 22.57 Percent which is awesome. The Short Ratio for the stock is 1.58.

Flextronics International Ltd. (NASDAQ:FLEX) Price to Earnings (P/E) ratio is 17.46. EPS or Earning per Share stands at $0.79. The TTM operating margin is 2.3 percent.

Flextronics International Ltd. (NASDAQ:FLEX) is due to report its Earnings on Thu 27 Oct (In 4 Days). The estimated EPS for the current quarter is said to be $0.24. Following Earnings result, share price were DOWN 14 times out of last 27 Qtrs. The stock has added about 4.6% since it reported its last earnings. The Closing price of Flextronics International Ltd. (NASDAQ:FLEX) at Last Earnings was $13.14 as compared to the previous closing price of $13.8. The Predicted Move on the 7th day after Flextronics International Ltd. (NASDAQ:FLEX) will release its earnings at about 5%.

By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Flextronics International Ltd. (NASDAQ:FLEX) beats earnings by 83%, The Stock Missed Earnings  2  times and has met earnings  0 times.

Earnings History:

We will discuss the past Quarters Earnings below:

Flextronics International Ltd. (NASDAQ:FLEX) reported its previous quarter on 07/21/2016 where it reported the Actual Earnings of $0.27. The Closing price before the company posted its earnings was $13.14. The Stock declined on the very next day of earnings and maintained its stock price at $13 by showing a % change of -1.07 percent from its previous closing price. The Next Day Volume after Earnings was reported as 9.79 Million. On the 7th day After Earnings Report, the stock hit its share price as $12.64 by showing -3.81% decrease from the Stock price Before Earnings were reported.

On 04/28/2016, the stock reported the EPS of $0.29 where Analysts were projecting the EPS to be $0.28 showing a difference of $0.01. Thus Surprise Factor was there with 3.6 percent. Before Earnings Announcement on 04/28/2016, the firm had its stock price of $12.31. And immediately on the next day after earnings announcement, the stock declined -1.3% and closed its trading session at $12.15. On 7th Day after earnings release, Flextronics International Ltd. (NASDAQ:FLEX) dropped to -1.95% from $12.31 to $12.07.

On 01/28/2016, Analysts were suspecting EPS of $0.31/share where Flextronics International Ltd. (NASDAQ:FLEX) reported its Actual EPS of $0.35. Thus showing a Surprise of 12.9 percent. The Closing Price of the stock before earnings was $9.53 while on the Next day the stock closed its trading session at $10.48 with a percentage change of 9.97% from the price of 9.53 before Earnings. The Stock Closing Price on the 7th day of earnings was $10.19.

Company Profile:

Flex Ltd. provides design, engineering, manufacturing, and supply chain services and solutions to original equipment manufacturers worldwide. The company offers innovation services, such as innovations labs for supporting customer design and product development services from early concept stages; collective innovation platform, an ecosystem of technology solutions; Lab IX startup accelerator program; centers of excellence solutions in critical areas; interconnect technology center for printed circuits; and CloudLabs that enables customers to accelerate a spectrum of cloud, converged infrastructure, and datacenter strategies. It also provides design and engineering services, including contract design and joint development manufacturing services, which cover various technical competencies, such as system architecture, user interface and industrial design, mechanical engineering, technology, enclosure systems, thermal and tooling design, electronic system design, reliability and failure analysis, and component level development engineering; and systems assembly and manufacturing services. In addition, the company provides component product solutions, including rigid and flexible printed circuit board fabrication, and power supplies; after-market supply chain logistics services; and reverse logistics and repair services, such as returns management, exchange programs, complex repair, asset recovery, recycling and e-waste management for consumer and midrange products, printers, smart phones, consumer medical devices, notebooks, PC’s, set-top boxes, game consoles, and infrastructure products. The company serves medical, automotive, defense, aerospace, mobile devices, consumer electronics, computing, industrial and emerging, and integrated network solutions industries. The company was formerly known as Flextronics International Ltd. and changed its name to Flex Ltd. in September 2016. Flex Ltd. was founded in 1990 and is headquartered in Singapore.