NASDAQ:PLXS - Plexus Stock Price, News, & Analysis

Plexus trades on the NASDAQ under the ticker symbol "PLXS."

Plexus declared that its board has authorized a share repurchase plan on Wednesday, February 21st 2018, which permits the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company's board of directors believes its stock is undervalued.

Plexus Corp. (NASDAQ:PLXS) announced its earnings results on Wednesday, July, 18th. The technology company reported $0.79 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.82 by $0.03. The technology company earned $726.39 million during the quarter, compared to analyst estimates of $721.08 million. Plexus had a positive return on equity of 11.37% and a negative net margin of 1.11%. The company's quarterly revenue was up 17.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.74 EPS. View Plexus' Earnings History.

Plexus is scheduled to release their next quarterly earnings announcement on Wednesday, October, 24th 2018. View Earnings Estimates for Plexus.

Plexus updated its fourth quarter earnings guidance on Wednesday, July, 18th. The company provided earnings per share guidance of $0.82-0.92 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.90. The company issued revenue guidance of $735-775 million, compared to the consensus revenue estimate of $736.52 million.

4 analysts have issued twelve-month target prices for Plexus' shares. Their forecasts range from $65.00 to $70.00. On average, they anticipate Plexus' share price to reach $68.3333 in the next year. This suggests a possible upside of 11.4% from the stock's current price. View Analyst Price Targets for Plexus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Plexus in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Plexus.

Some companies that are related to Plexus include Flex (FLEX), Jabil (JBL), Sanmina (SANM), TTM Technologies (TTMI), Celestica (CLS), CTS (CTS), Benchmark Electronics (BHE), Kimball Electronics (KE), Park Electrochemical (PKE), Sparton (SPA), SMTC (SMTX), IEC Electronics (IEC), NANO DIMENSION/S (NNDM), SigmaTron International (SGMA) and Eltek (ELTK).

Plexus' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.00%), Disciplined Growth Investors Inc. MN (9.01%), Dimensional Fund Advisors LP (8.59%), Northern Trust Corp (3.18%), FMR LLC (2.85%) and Victory Capital Management Inc. (2.19%). Company insiders that own Plexus stock include Angelo Michael Ninivaggi Jr, David J Drury, Dean A Foate, Michael V Schrock, Oliver K Mihm, Patrick John Jermain, Peter Kelly, Ralf R Boer, Ronnie Darroch, Stephen P Cortinovis, Steven J Frisch, Todd P Kelsey and Yong Jin Lim. View Institutional Ownership Trends for Plexus.

PLXS stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, American Century Companies Inc., Martingale Asset Management L P, Dimensional Fund Advisors LP, Dean Capital Management, Disciplined Growth Investors Inc. MN, Dean Investment Associates LLC and Bessemer Group Inc.. Company insiders that have sold Plexus company stock in the last year include Angelo Michael Ninivaggi Jr, David J Drury, Dean A Foate, Michael V Schrock, Oliver K Mihm, Patrick John Jermain, Ralf R Boer, Ronnie Darroch, Stephen P Cortinovis, Steven J Frisch, Todd P Kelsey and Yong Jin Lim. View Insider Buying and Selling for Plexus.

PLXS stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., BlackRock Inc., Cooke & Bieler LP, Hodges Capital Management Inc., BNP PARIBAS ASSET MANAGEMENT Holding S.A., TD Asset Management Inc., Sei Investments Co. and Massachusetts Financial Services Co. MA. View Insider Buying and Selling for Plexus.

Shares of PLXS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of PLXS stock can currently be purchased for approximately $61.34.

Plexus has a market capitalization of $1.97 billion and generates $2.53 billion in revenue each year. The technology company earns $112.06 million in net income (profit) each year or $3.24 on an earnings per share basis. Plexus employs 16,000 workers across the globe.

The official website for Plexus is http://www.plexus.com.

Plexus' mailing address is One Plexus Way, Neenah WI, 54957. The technology company can be reached via phone at 920-969-6000 or via email at [email protected]