Flex Ltd. (FLEX)
Flex Unveils New Solutions for AI Workloads, Partners With JetCool
FLEX introduces cutting-edge liquid-cooled servers and power solutions for sustainable data center growth.
FLEX LNG: LNG Shipping Idea For Income-Minded Investors; Rating Unchanged
FLEX LNG owns 13 LNG carriers with an average age of 4.8 years. Nine of the ships have MEGA/MEGI engines, while the other four have X-DF engines. Despite a 33% QoQ net income decline in 2Q24 due to seasonality and higher operating expenses, FLNG maintains a strong balance sheet and attractive dividends. For 2Q24, the company declared a $0.75/share quarterly dividend. At the present stock price, the LTM yield is 11.90%.
FLEX LNG: 12% Yield, Tailwinds
FLEX LNG Ltd. benefited from higher LNG prices and shipping rates post-Russia's 2022 invasion of Ukraine, securing long-term charters and raising dividends. Despite a slight drop in Q2 '24 earnings due to lower TCE rates and derivative losses, adjusted net income increased. FLNG's forward dividend yield is around 12%, with a solid cash position and manageable debt, but its stock has underperformed recently.
Why Flex (FLEX) is Poised to Beat Earnings Estimates Again
Flex (FLEX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Flex Stock Up 14% in the Past Six Months: Will the Rally Last?
FLEX's performance is buoyed by healthy demand trends across cloud/AI, automotive and digital healthcare amid weakness in the core industrials vertical.
FLEX LNG: A Bond-Like 11.9% Yield To Lock Before Rate Cuts
FLEX LNG's 11.9% dividend is well-supported by long-term charters, providing stable earnings even during temporary market softness. Lower EPS in Q2 was due to vessel drydockings and seasonal softness, but these are temporary factors, with all ships back in operation for Q3. Revenues are expected to rise in Q3 and Q4, driven by returning vessels and favorable market conditions, ensuring full dividend coverage.
Will Paragon 28 Stock Gain From the Latest Product Launch of R3FLEX?
FNA recently introduced the R3FLEX Stabilization System, whose design should allow surgeons to restore a patient's soft tissue to a more natural anatomy.
Johnson & Johnson, Flex to Keynote at MEDevice Silicon Valley on the Future of Technology and Security in Patient Care
SANTA CLARA, CA / ACCESSWIRE / September 5, 2024 / MEDevice Silicon Valley, the premier West Coast show connecting medical device engineers and cutting-edge medtech companies, returns to the Santa Clara Convention Center Nov. 20-21. Announced today, MEDevice Silicon Valley's lineup of keynote speakers will cover artificially intelligent (AI) and augmented reality (AR) driven Human Machine Interfaces (HMI) as well as a discussion on cybersecurity strategies, both top-of-mind critical tools designed to deliver easier, faster and more reliable access to quality care.
Gladstone Commercial Executes 8-Year Lease Extension at Flex / R&D Property in Raleigh, NC
MCLEAN, VA / ACCESSWIRE / September 3, 2024 / Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial") announced that it has executed an 8-year lease extension with Elster Solutions, LLC ("Elster") at its 58,926 square foot flex / R&D building in Raleigh, North Carolina. Elster is owned by Honeywell International Inc. ("Honeywell"), who is the guarantor on the lease.
Here's Why Flex (FLEX) is a Strong Value Stock
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Flex (FLEX) Up 2% Since Last Earnings Report: Can It Continue?
Flex (FLEX) reported earnings 30 days ago. What's next for the stock?
FLEX's Anord Mardix Expands Ireland Facility to Meet Power Demand
Flex Ltd.'s FLEX subsidiary, Anord Mardix, has set up a second facility in Dundalk, Ireland. The new facility, named D2, is now fully operational and will act as an assembly hub for switchgear and modular power systems.
