FLEX

Financial Results Announcement: Flex will release its fourth quarter and fiscal 2025 financial results on May 7, 2025, before the market opens, followed by a conference call at 7:30 AM (CT).

Company Overview: Flex Ltd. is a global manufacturing partner that provides technology innovation and supply chain solutions across various industries, operating in 30 countries.

ETF Analysis: The iShares Morningstar U.S. Equity ETF (ILCB) has an implied analyst target price of $94.17 per unit, indicating a potential upside of 26.88% from its current trading price of $74.22.

Stock Performance Insights: Notable underlying holdings such as Vaxcyte Inc, Summit Therapeutics Inc, and Flex Ltd show significant upside potential based on analyst targets, raising questions about the accuracy and optimism of these forecasts.

Current Stock Performance: Flex Ltd (FLEX) shares have reached an oversold level with an RSI of 26.3, indicating potential exhaustion of recent selling pressure, while the S&P 500 ETF has a higher RSI of 31.7.

52 Week Range: FLEX's stock price has fluctuated between a low of $25.27 and a high of $45.0975 over the past year, with the latest trade recorded at $30.14.

New NPI Center Opening: Flex has opened a new product introduction (NPI) center near Boston, Massachusetts, providing an end-to-end product development solution for healthcare customers, from prototype to production transfer.

Enhanced Manufacturing Capabilities: The center features advanced labs and is expected to be ISO13485 certified by mid-2025, supporting various medical technologies and ensuring compliance with stringent quality standards.

Flex Recognized for Ethical Practices: Flex has been named one of the 2025 World's Most Ethical Companies® by Ethisphere for the third consecutive year, highlighting its commitment to ethics, compliance, and governance in the industrial manufacturing sector.

Commitment to Integrity: The recognition reflects Flex's dedication to fostering a culture of integrity and ethical business practices, supported by a robust compliance program that includes an integrated compliance scorecard to assess performance and risks.

FLEX Stock Performance: FLEX's stock has a 52-week low of $25.27 and a high of $45.0975, with the last trade recorded at $35.07.

Market Analysis Note: The article includes a reference to other stocks that have recently fallen below their 200-day moving average, indicating broader market trends.

New Manufacturing Facility: Flex has announced the opening of a new 400,000-square-foot manufacturing facility in Dallas to enhance production capacity for power infrastructure solutions, including power pods and distribution units, catering to the growing North American market.

Response to AI Demand: This expansion is part of Flex's strategy to meet increasing domestic demand for reliable power solutions driven by AI adoption, aiming to improve efficiency and reduce lead times for customers.

Flex (FLEX) Analyst Ratings: Analysts have a bullish outlook on Flex, with Stifel Nicolaus initiating coverage with a Buy rating and a price target of $52.00, while the consensus suggests a Strong Buy with an average target of $50.33.

ON Semiconductor (ON) Analyst Ratings: Mizuho Securities maintains a Buy rating for ON Semiconductor with a price target of $71.00, supported by a Moderate Buy consensus and an average target of $71.22, indicating significant upside potential.

Insider Trading Activity: Michael P Hartung, Chief Commercial Officer of $FLEX, sold 16,015 shares for approximately $708,389, representing about 6.4% of his holdings, with no insider purchases reported in the last six months.

Institutional Investor Movements: In the most recent quarter, 258 institutional investors increased their positions in $FLEX stock while 235 decreased theirs, indicating mixed sentiment among large shareholders.

Investigation Announcement: The Schall Law Firm is investigating Flex Ltd. for potential violations of securities laws, focusing on whether the company made false or misleading statements to investors.

Investor Participation: Shareholders who have suffered losses are encouraged to participate in the investigation and can contact the firm for more information about their rights at no cost.

Strategic Partnership Announcement: Husqvarna and Flex have formed a strategic manufacturing partnership aimed at enhancing supply chain flexibility, efficiency, and reducing time to market for outdoor and power equipment in North America.

Commitment to Innovation and Growth: The collaboration will leverage Flex's supply chain expertise while allowing Husqvarna to focus on product innovation and customer needs, positioning both companies for long-term competitiveness in the U.S. market.

Strong Financial Performance: Flexsteel Industries reported a 7% increase in shares after exceeding second quarter earnings expectations with adjusted EPS of $0.95 and revenue of $108.5 million, leading to an upward revision of its fiscal 2025 revenue guidance.

Concerns Over Tariffs: CEO Derek Schmidt highlighted potential risks from new tariffs on imports from Mexico and Canada, which could impact the company's outlook, as Flexsteel has significant operations in Mexico.

Financial Performance: Flex Ltd. reported third-quarter adjusted earnings per share of 77 cents, exceeding expectations, with quarterly sales of $6.556 billion and a gross profit of $594 million, both surpassing analyst estimates.

Outlook Update: The company has raised its FY25 revenue outlook to between $25.4 billion and $25.8 billion and expects adjusted EPS in the range of $2.57 to $2.65, both above previous forecasts and analyst predictions.

Reversal of Federal Funding Freeze: The White House budget office rescinded a previous order that froze federal loans and grants just two days after it was issued, following a temporary court block on the original directive.

Impact on Diversity Programs: Despite the reversal, executive orders prohibiting federal funding for diversity programs and other policies opposed by the Trump administration remain in effect.

Conference Call Announcement: Flex Ltd. will hold a conference call on January 29, 2025, at 8:30 AM ET to discuss its Q3 25 earnings results.

Webcast Access: Interested parties can access the live webcast of the conference call through Flex's investor relations website.

Tariffs and Trade Policy Changes: The shipping industry is bracing for new tariffs, particularly targeting China, as President-elect Donald Trump prepares to take office and implement a new trade regime.

Uncertainty in Freight Transportation: Analysts express uncertainty regarding the specific policies that will be enacted and their potential impact on the freight transportation sector.

Financial Results Announcement: Flex will release its third quarter fiscal 2025 financial results on January 29, 2025, before the market opens, followed by a conference call at 7:30 AM (CT).

Company Overview: Flex Ltd. is a global manufacturing partner that provides technology innovation and supply chain solutions across various industries, operating in 30 countries.

52 Week Range and Share Price: IJJ's share price has a 52-week low of $108.6047 and a high of $136.42, with the last trade recorded at $123.78.

ETFs Trading Dynamics: Exchange traded funds (ETFs) function like stocks, allowing for the buying and selling of units, which can be created or destroyed based on investor demand, impacting the underlying holdings.

Market Performance: Cal-Maine Foods and Maplebear saw significant pre-market gains of 5.1% and 4.5%, respectively, while IonQ and Aurora Innovation experienced declines of 13.9% and 6.4%. Overall, S&P 500 futures were down 0.33%.

Commodities and Global Markets: Brent crude oil futures rose by 0.31%, gold futures fell by 0.17%, and Bitcoin decreased by 1.42%. Asian markets showed mixed results, while European stocks were down in afternoon trading.