Analysts Layout Best- And Worst-Case Scenarios: Flex Ltd. (FLEX), Umpqua Holdings Corporation (UMPQ)

Flex Ltd. (NASDAQ:FLEX) recent decline occurred on low volume with 1.24 million contracts changing hands on 22-Nov-17. That’s down from its daily average of 3.22 million contracts. The first sale was made at $18.97 but later the stock became weaker, and closed with a fall of -0.95%. It was last traded at $18.79 apiece.

Flex Ltd. Reports 2.74% Sales Growth

Flex Ltd. (FLEX) remained successful in beating the consensus-estimated $0.22 as it actually earned $0.23 per share in its last reported financial results. Revenue, on the other hand, scored 2.74% growth from the previous quarter, coming up with $5.26 billion.

FLEX Adds 3.02% In A Week

This company shares (FLEX) so far managed to recover 34.41% since collapsing to its 52-week low. Over a month, it has seen its stock price volatility to stay at 1.72% while shortening the period to a week, volatility was 2.15%. The share price has already crossed its 20 days moving average, floating at a distance of 3.22% and sits 7.28% higher versus its 50 days moving average. When looking at the past five sessions, the stock returned 3.02% gains and is up by 12.67% compared with its 200-day moving average of $16.84. Also, Flex Ltd. (FLEX) needs to expand a 31.22% increase it experienced over the past twelve months.

Umpqua Holdings Corporation (NASDAQ:UMPQ) Consensus Call At 2.6

As regular trading ended, Umpqua Holdings Corporation (UMPQ) stock brought in a -$0.2 drop to $20.7. The day started at a price of $20.9 but then traded as high as $20.9899 before giving part of the gains back. As for this week, analysts appear content to stick with their neutral outlook with the consensus call at 2.6. Umpqua Holdings Corporation is given 1 buy-equivalent recommendations, 0 sells and 6 holds. The company shares sank -1.33% from their peak of $20.98 and now has a $4.56 billion market value of equity.

Umpqua Holdings Corporation Could Grow 4.06% More

UMPQ’s mean recommendation on Reuter’s scale slipped from 2.67 thirty days ago to 2.58 now, which indicates a hold consensus from the analyst community. They see Umpqua Holdings Corporation (UMPQ) price hitting a mean target of $21.54 a share, meaning the stock still has potential that could lift the price another 4.06% Also, the recent close suggests the stock is underpriced by 11.11% compared to the most bullish target.

Umpqua Holdings Corporation (UMPQ) Returns 10.22% This Year

The company had seen its current volume reaching at 0.93 million shares in the last trade. That compares with the recent volume average of 1.36 million. At the close of regular trading, its last week’s stock price volatility was 1.74% which for the month reaches 1.61%. Umpqua Holdings Corporation dipped to as low as $20.62 throughout the day and has returned 10.22% in this year. At one point in the past year, the shares traded as low as $16.65 but has recovered 24.32% since then.

SHARE
Previous articleForget What Wall Street Says: Diamond Offshore Drilling, Inc. (DO), PacWest Bancorp (PACW)
Next articleThere Is Enough Gas Left In The Tank: Huntsman Corporation (HUN), The Michaels Companies, Inc. (MIK)