Plexus (PLXS) to Release Quarterly Earnings on Wednesday

Plexus (NASDAQ:PLXS - Get Free Report) will likely be issuing its Q3 2025 quarterly earnings data before the market opens on Wednesday, July 23rd. Analysts expect the company to announce earnings of $1.71 per share and revenue of $1.02 billion for the quarter. Plexus has set its Q3 2025 guidance at 1.650-1.800 EPS.

Plexus (NASDAQ:PLXS - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The technology company reported $1.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.54 by $0.12. Plexus had a net margin of 3.60% and a return on equity of 11.17%. The firm had revenue of $980.17 million during the quarter, compared to analysts' expectations of $980.07 million. During the same period in the prior year, the company posted $0.94 EPS. The company's revenue was up 1.4% on a year-over-year basis. On average, analysts expect Plexus to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Plexus Trading Up 1.9%

Shares of PLXS traded up $2.56 during trading hours on Wednesday, hitting $137.11. 232,235 shares of the stock were exchanged, compared to its average volume of 170,982. Plexus has a fifty-two week low of $103.43 and a fifty-two week high of $172.89. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.53 and a quick ratio of 0.71. The business has a 50-day moving average of $132.98 and a 200-day moving average of $135.02. The firm has a market capitalization of $3.71 billion, a P/E ratio of 26.68 and a beta of 0.80.

Insider Buying and Selling at Plexus

In related news, CFO Patrick John Jermain sold 4,328 shares of the stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $132.29, for a total transaction of $572,551.12. Following the transaction, the chief financial officer directly owned 25,637 shares of the company's stock, valued at $3,391,518.73. This represents a 14.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Todd P. Kelsey sold 2,000 shares of the stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of $131.68, for a total transaction of $263,360.00. Following the transaction, the chief executive officer directly owned 76,714 shares in the company, valued at approximately $10,101,699.52. This represents a 2.54% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 12,032 shares of company stock valued at $1,582,222 over the last 90 days. Insiders own 1.76% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of PLXS. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Plexus by 12.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 79,584 shares of the technology company's stock valued at $10,197,000 after buying an additional 9,078 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Plexus by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,971 shares of the technology company's stock valued at $2,046,000 after buying an additional 705 shares in the last quarter. AQR Capital Management LLC lifted its stake in shares of Plexus by 103.1% in the first quarter. AQR Capital Management LLC now owns 8,384 shares of the technology company's stock valued at $1,074,000 after buying an additional 4,255 shares in the last quarter. Finally, United Services Automobile Association bought a new position in shares of Plexus in the first quarter valued at $218,000. 94.45% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Benchmark reiterated a "buy" rating and set a $160.00 price objective on shares of Plexus in a research report on Wednesday, June 4th. Needham & Company LLC reiterated a "buy" rating and set a $162.00 price objective (down from $172.00) on shares of Plexus in a research report on Friday, April 25th. Wall Street Zen upgraded shares of Plexus from a "buy" rating to a "strong-buy" rating in a research report on Monday, June 30th. Finally, Stifel Nicolaus set a $145.00 price objective on shares of Plexus in a research report on Thursday, April 24th. Two analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $155.67.

About Plexus

Plexus Corp. provides electronic manufacturing services in the United States and internationally. It offers design, develop, supply chain, new product introduction, and manufacturing solutions, as well as sustaining services to companies in the healthcare/life sciences, industrial/commercial, aerospace/defense, and communications market sectors.