This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Microsoft, Intel, AMD Among Big Tech Earnings Next Week

FLEX Chart FLEX data by YCharts

Flextronics International (FLEX - Get Report)

Background: Flextronics engages in the provision of design and manufacturing services to original equipment manufacturers worldwide. The company was founded in 1990 and is headquartered in Singapore. Flextronics trades an average of four million shares per day with a market cap of $4 billion.

52-Week Range: $5.45 to $7.49

Book Value: $3.38

Price To Book: 1.8

Fiscal second-quarter earnings are highly anticipated by hopeful investors expecting a growth report after the market closes on Thursday.

The analysts' mean appraisal is presently 23 cents a share, a gain of 1 cent (4.3%) from 22 cents during the corresponding quarter last year. Analysts are estimating as low as 22 cents per share to 24 cents per share.

If Flextronics International delivers at least the expected results in this report, this quarter will mark an improvement over the previous. Last quarter the company made 23 cents per share, 1 cent more than the estimate.

TheStreet's Jim Cramer writes about the company in Where Is the Rush to Buy? .

Analysts as a whole like this company. Currently, Flextronics has nine buy recommendations out of 15 analysts covering the company. The stock is about even for the year, and the average analyst target price is $8.21.

It appears short-sellers missed out on this one, despite a unappealing technical chart. Short interest hardly moves the needle with only 0.8% of the float. Don't expect a short squeeze if they beat. FLEX Revenue Quarterly Chart FLEX Revenue Quarterly data by YCharts

3 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
AMD $2.74 2.20%
FLEX $12.56 -0.87%
INTC $30.86 -1.30%
MSFT $40.58 -0.18%
SNDK $64.30 1.10%


DOW 17,687.21 -88.91 -0.50%
S&P 500 2,059.11 -8.78 -0.42%
NASDAQ 4,870.1080 -30.7770 -0.63%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs