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

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

Plexus announced that its Board of Directors has approved a stock repurchase plan on Wednesday, February 21st 2018, which permits the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's management believes its shares are undervalued.

Plexus Corp. (NASDAQ:PLXS) posted its quarterly earnings data on Wednesday, January, 16th. The technology company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.90 by $0.01. The technology company earned $765.54 million during the quarter, compared to analysts' expectations of $768.32 million. Plexus had a return on equity of 12.44% and a net margin of 4.52%. The firm's revenue was up 13.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.75 EPS. View Plexus' Earnings History.

Plexus is scheduled to release their next quarterly earnings announcement on Wednesday, April 24th 2019. View Earnings Estimates for Plexus.

Plexus issued an update on its second quarter earnings guidance on Wednesday, January, 16th. The company provided earnings per share guidance of $0.80-0.90 for the period, compared to the Thomson Reuters consensus estimate of $0.89. The company issued revenue guidance of $760-800 million, compared to the consensus revenue estimate of $784.14 million.Plexus also updated its Q2 2019 guidance to $0.80-0.90 EPS.

2 analysts have issued 1-year price objectives for Plexus' stock. Their forecasts range from $70.00 to $70.00. On average, they expect Plexus' stock price to reach $70.00 in the next twelve months. This suggests a possible upside of 32.8% from the stock's current price. View Analyst Price Targets for Plexus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Plexus in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Plexus.

News articles about PLXS stock have trended very positive on Wednesday, according to InfoTrie Sentiment. The research firm ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Plexus earned a coverage optimism score of 3.7 on InfoTrie's scale. They also assigned news articles about the technology company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the immediate future.

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

Plexus' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Strs Ohio (0.26%), Profit Investment Management LLC (0.13%), Scout Investments Inc. (0.11%), Louisiana State Employees Retirement System (0.04%) and Bank of Montreal Can (0.03%). 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 Louisiana State Employees Retirement System, Bank of Montreal Can and Scout Investments Inc.. Company insiders that have sold Plexus company stock in the last year include Angelo Michael Ninivaggi Jr, David J Drury, Dean A Foate, Patrick John Jermain, Ralf R Boer, Ronnie Darroch, Stephen P Cortinovis, Steven J Frisch and Todd P Kelsey. View Insider Buying and Selling for Plexus.

PLXS stock was acquired by a variety of institutional investors in the last quarter, including Strs Ohio and Profit Investment Management LLC. 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 $52.70.

Plexus has a market capitalization of $1.66 billion and generates $2.87 billion in revenue each year. The technology company earns $13.04 million in net income (profit) each year or $3.23 on an earnings per share basis. Plexus employs 18,000 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]