Things Investors Need to Scrutinize: Flex Ltd. (FLEX), Hudbay Minerals Inc. (HBM)

FLEX stock traded higher to an intra-day high of $10.21. At one point in session, its potential discontinued and the price was down to lows at $9.91. Analysts have set FLEX’s consensus price at $13.64, effectively giving it a 36.67% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $15 (up 50.3% from current price levels). FLEX has a 4.5% ROE, lower than the 5.02% average for the industry. The average ROE for the sector is 15.4%.

It is expected that in Mar 2019 quarter FLEX will have an EPS of $0.2, suggesting a 600% growth. Yearly earnings are expected to rise by -17.5% to about $0.66. As for the coming year, growth will be about 54.55%, lifting earnings to $1.02. RSI after the last trading period was 51.83. FLEX recorded a change of -0.6% over the past week and returned 23.67% over the last three months while the FLEX stock’s monthly performance revealed a shift in price of -2.25%. The year to date (YTD) performance stands at 31.14%, and the bi-yearly performance specified an activity trend of -22.99% while the shares have moved -46.91% for the past 12 months.

Flex Ltd. (FLEX) currently trades at $9.98, which is lower by -1.58% its previous price. It has a total of 527.72 million outstanding shares, with an ATR of around 0.26. The company’s stock volume dropped to 4.78 million, worse than 7.59 million that represents its 50-day average. A 5-day decrease of about -0.6% in its price means FLEX is now 31.14% higher on year-to-date. The shares have surrendered $43392.02 since its $19.00 52-week high price recorded on 15th of March 2018. Overall, it has seen a growth rate of -46.91 over the last 12 months. The current price per share is $3.24 above the 52 week low of $6.74 set on 29th of October 2018.

Hudbay Minerals Inc. (NYSE:HBM) shares depreciated -3.48% over the last trading period, taking overall 5-day performance up to 0.45%. HBM’s price now at $6.65 is greater than the 50-day average of $6.01. Getting the trading period increased to 200 days, the stock price was seen at $5.3 on average. The general public currently hold control of a total of 198.48 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 261.27 million. The company’s management holds a total of 0.14%, while institutional investors hold about 72.77% of the remaining shares. HBM share price finished last trade 0.76% above its 20 day simple moving average and its upbeat gap from 200 day simple moving average is 25.42%, while closing the session with 11.34% distance from 50 day simple moving average.

Hudbay Minerals Inc. (HBM) shares were last observed trading -17.39% down since March 21, 2018 when the peak of $8.05 was hit. Last month’s price growth of 11.95% puts HBM performance for the year now at 40.89%. Consequently, the shares price is trending higher by 93.31%, a 52-week worst price since Oct. 30, 2018. However, it is regaining value with 56.47% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $6.53 and $6.59. The immediate resistance area is now $6.75 Williams’s %R (14) for HBM moved to 69.67 while the stochastic %K points at 50.04.

HBM’s beta is 0; meaning investors could reap lower returns, although it also poses lower risks. The company allocated $0.33 per share from its yearly profit to its outstanding shares. Its last reported revenue is $351.77 million, which was -15% versus $414.14 million in the corresponding quarter last year. The EPS for Dec 19 quarter came in at $0.05 compared to $0.26 in the year-ago quarter and had represented -81% year-over-year earnings per share growth. HBM’s ROA is 0%, lower than the 2.95% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 5.32%.

Estimated quarterly earnings for Hudbay Minerals Inc. (NYSE:HBM) are around $0.01 per share in three months through March with $0.05 also the estimate for June quarter of the fiscal year. It means the growth is estimated at -94.12% and -44.44%, respectively. Analysts estimate full-year growth to be -56.41%, the target being $0.17 a share. The upcoming year will see an increase in growth by percentage to 170.59%, more likely to see it hit the $0.46 per share. The firm’s current profit margin over the past 12 months is 0%. HBM ranks lower in comparison to an average of 8.6% for industry peers; while the average for the sector is 7.23%.