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FLEX or ROK: Which Is the Better Value Stock Right Now?
ZACKS· 2024-12-04 17:46
Investors interested in stocks from the Electronics - Miscellaneous Products sector have probably already heard of Flex (FLEX) and Rockwell Automation (ROK) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank ...
Should Value Investors Buy Flex (FLEX) Stock?
ZACKS· 2024-12-04 15:45
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companie ...
Flex (FLEX) Upgraded to Buy: Here's What You Should Know
ZACKS· 2024-12-03 18:06
Investors might want to bet on Flex (FLEX) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changing earnings pictur ...
Flex (FLEX) Up 12% Since Last Earnings Report: Can It Continue?
ZACKS· 2024-11-29 17:37
A month has gone by since the last earnings report for Flex (FLEX) . Shares have added about 12% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Flex due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. FLEX’s Q2 Earnings Top EstimatesFlex reported second-quarter fiscal ...
Flex LNG - Announces 15-year Time Charter for Flex Constellation
Prnewswire· 2024-11-29 08:00
HAMILTON, Bermuda, Nov. 29, 2024 /PRNewswire/ -- Flex LNG Ltd ("Flex LNG" or the "Company") (NYSE: FLNG) (OSE: FLNG) is pleased to announce it has agreed a new Time Charter Agreement ("TC") for Flex Constellation for 15-years. Commencement of the charter will occur during the first or second quarter of 2026 with maturity in 2041. The TC also include an extension option for the charterer until 2043.Flex Constellation, built 2019, is a advanced 173,400 cbm LNG carrier with ME-GI two stroke propulsion and part ...
Flex LNG - Ex Date Q3 2024
Prnewswire· 2024-11-26 06:28
HAMILTON, Bermuda, Nov. 26, 2024 /PRNewswire/ -- The shares in Flex LNG Ltd. (Ticker: FLNG) traded on Oslo Stock Exchange ("OSE") and registered with Euronext Securities Oslo will trade ex dividend of USD 0.75 per share as of today, November 26, 2024. The dividend will be paid to shareholders on OSE on or about December 16, 2024.The shares traded on the New York Stock Exchange ("NYSE") will be traded ex dividend of USD 0.75 per share on November 27, 2024. The dividend will be paid to shareholders on NYSE on ...
FLEX LNG: Great Company, Abysmal Market
Seeking Alpha· 2024-11-24 08:42
Core Insights - The article discusses the investment strategy of focusing on building a solid dividend portfolio within sectors such as oil and gas, shipping, energy, and minerals [1]. Group 1 - The individual investor is primarily income-oriented, aiming to generate steady returns through dividends [1]. - The investor has a formal qualification of an MSc in Business with a major in Finance, indicating a strong educational background in financial matters [1].
Flex Announces Kevin Krumm as Chief Financial Officer
Prnewswire· 2024-11-22 12:45
Group 1 - Flex announced the appointment of Kevin S. Krumm as Chief Financial Officer (CFO), effective January 6, 2025, succeeding interim CFO Jaime Martinez [1] - Mr. Krumm brings over 20 years of experience in industrial, chemical, and healthcare industries, previously serving as CFO of APi Group and holding various roles at Ecolab Inc. [2] - CEO Revathi Advaithi expressed confidence in Mr. Krumm's leadership aligning with Flex's strategy to enhance shareholder value and long-term financial success [3] Group 2 - Mr. Krumm emphasized Flex's unique position at the intersection of innovation and operational excellence, aiming to build on the company's financial performance [3] - Flex operates as a manufacturing partner across 30 countries, providing technology innovation, supply chain, and manufacturing solutions to diverse industries [4]
FLEX LNG: When A New Fleet And Appealing Yields Are Not Enough, Rating Downgrade
Seeking Alpha· 2024-11-22 06:08
Group 1 - The article emphasizes the author's investment philosophy, focusing on overlooked companies that provide asymmetric risk rewards and attractive dividend yields [1] - The author has a preference for shipping and mining sectors but is open to exploring other industries if they align with the investment style [1] - The analytical approach combines fundamental analysis with technical analysis to optimize market timing [1] Group 2 - The author expresses excitement about contributing to the Seeking Alpha community and sharing investment insights [1]
Flex Ltd. (FLEX) Hits Fresh High: Is There Still Room to Run?
ZACKS· 2024-11-21 15:15
Core Viewpoint - Flex has shown strong stock performance, with a 16.8% increase over the past month and a 30.8% rise since the beginning of the year, outperforming both the Zacks Computer and Technology sector and the Zacks Electronics - Miscellaneous Products industry [1] Financial Performance - Flex reported an EPS of $0.64 in its last earnings report, exceeding the consensus estimate of $0.56, and beat the revenue estimate by 0.44% [2] - For the current fiscal year, Flex is projected to achieve earnings of $2.42 per share on revenues of $25.22 billion, reflecting a 12.56% increase in EPS but a 10.16% decrease in revenues. For the next fiscal year, earnings are expected to rise to $2.77 per share on $26.79 billion in revenues, indicating a year-over-year change of 14.3% in EPS and 6.22% in revenues [3] Valuation Metrics - Flex has a Value Score of A, a Growth Score of B, and a Momentum Score of D, resulting in a combined VGM Score of A [6] - The stock trades at 16.5 times the current fiscal year EPS estimates, below the peer industry average of 19.9 times. On a trailing cash flow basis, it trades at 12.2 times compared to the peer group's average of 10.3 times, with a PEG ratio of 2.24 [7] Zacks Rank - Flex holds a Zacks Rank of 2 (Buy), supported by favorable earnings estimate revisions from analysts, indicating potential for further gains [8]