Zacks Research Comments on Plexus' Q3 Earnings (NASDAQ:PLXS)

Plexus Corp. (NASDAQ:PLXS - Free Report) - Zacks Research lowered their Q3 2025 earnings per share estimates for Plexus in a research note issued on Wednesday, May 7th. Zacks Research analyst V. Doshi now expects that the technology company will earn $1.48 per share for the quarter, down from their previous estimate of $1.49. The consensus estimate for Plexus' current full-year earnings is $5.90 per share. Zacks Research also issued estimates for Plexus' Q4 2025 earnings at $1.57 EPS, FY2025 earnings at $5.93 EPS, Q1 2026 earnings at $1.60 EPS, Q2 2026 earnings at $1.50 EPS, Q3 2026 earnings at $1.66 EPS, FY2026 earnings at $6.49 EPS, Q1 2027 earnings at $1.74 EPS, Q2 2027 earnings at $1.55 EPS and FY2027 earnings at $7.21 EPS.

A number of other analysts have also issued reports on PLXS. Needham & Company LLC reiterated a "buy" rating and set a $162.00 price target (down from $172.00) on shares of Plexus in a research note on Friday, April 25th. Benchmark cut their price target on shares of Plexus from $170.00 to $160.00 and set a "buy" rating on the stock in a research note on Friday, April 25th. Finally, Stifel Nicolaus set a $145.00 price target on shares of Plexus in a research note on Thursday, April 24th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, Plexus presently has an average rating of "Moderate Buy" and a consensus price target of $155.67.

Plexus Trading Down 0.9%

Shares of PLXS traded down $1.26 during midday trading on Monday, hitting $132.09. 136,073 shares of the stock were exchanged, compared to its average volume of 167,379. Plexus has a 52-week low of $100.96 and a 52-week high of $172.89. The stock has a fifty day simple moving average of $124.29 and a 200 day simple moving average of $143.28. The firm has a market cap of $3.58 billion, a P/E ratio of 30.65 and a beta of 0.80. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.70 and a current ratio of 1.53.

Plexus (NASDAQ:PLXS - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The technology company reported $1.66 earnings per share for the quarter, topping analysts' consensus estimates of $1.54 by $0.12. The business had revenue of $980.17 million during the quarter, compared to analysts' expectations of $980.07 million. Plexus had a return on equity of 10.36% and a net margin of 3.03%. The company's revenue was up 1.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.94 EPS.

Institutional Trading of Plexus

Several institutional investors and hedge funds have recently made changes to their positions in the company. Blue Trust Inc. increased its position in Plexus by 12.1% during the fourth quarter. Blue Trust Inc. now owns 776 shares of the technology company's stock worth $121,000 after buying an additional 84 shares in the last quarter. Nomura Asset Management Co. Ltd. lifted its holdings in Plexus by 45.5% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 320 shares of the technology company's stock valued at $50,000 after purchasing an additional 100 shares in the last quarter. Xponance Inc. lifted its holdings in Plexus by 4.8% in the 1st quarter. Xponance Inc. now owns 2,315 shares of the technology company's stock valued at $297,000 after purchasing an additional 106 shares in the last quarter. Tocqueville Asset Management L.P. lifted its holdings in Plexus by 1.8% in the 4th quarter. Tocqueville Asset Management L.P. now owns 5,907 shares of the technology company's stock valued at $924,000 after purchasing an additional 107 shares in the last quarter. Finally, Aquatic Capital Management LLC lifted its holdings in Plexus by 134.0% in the 4th quarter. Aquatic Capital Management LLC now owns 234 shares of the technology company's stock valued at $37,000 after purchasing an additional 134 shares in the last quarter. 94.45% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CEO Todd P. Kelsey sold 2,000 shares of the business's stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $140.00, for a total transaction of $280,000.00. Following the completion of the sale, the chief executive officer now owns 87,665 shares in the company, valued at $12,273,100. The trade was a 2.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Michael J. Running sold 1,250 shares of the stock in a transaction on Friday, February 21st. The shares were sold at an average price of $138.62, for a total transaction of $173,275.00. Following the completion of the transaction, the insider now directly owns 1,276 shares in the company, valued at $176,879.12. This trade represents a 49.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 4,137 shares of company stock worth $577,916 in the last quarter. 1.76% of the stock is owned by company insiders.

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.