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

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

Plexus declared that its Board of Directors has initiated a share repurchase plan on Wednesday, February 21st 2018, which allows the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board believes its stock is undervalued.

Plexus Corp. (NASDAQ:PLXS) posted its earnings results on Wednesday, October, 24th. The technology company reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.87 by $0.09. The technology company earned $771.18 million during the quarter, compared to the consensus estimate of $760.98 million. Plexus had a net margin of 0.45% and a return on equity of 11.98%. Plexus's revenue was up 15.1% on a year-over-year basis. During the same quarter last year, the business earned $0.84 earnings per share. View Plexus' Earnings History.

Plexus is scheduled to release their next quarterly earnings announcement on Wednesday, January 16th 2019. View Earnings Estimates for Plexus.

Plexus issued an update on its first quarter earnings guidance on Wednesday, October, 24th. The company provided earnings per share (EPS) guidance of $0.85-0.95 for the period, compared to the Thomson Reuters consensus estimate of $0.88. The company issued revenue guidance of $750-790 million, compared to the consensus revenue estimate of $758.93 million.

3 Wall Street analysts have issued 1 year target prices for Plexus' stock. Their forecasts range from $70.00 to $70.00. On average, they expect Plexus' share price to reach $70.00 in the next twelve months. This suggests a possible upside of 17.0% from the stock's current price. View Analyst Price Targets for Plexus.

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

Media coverage about PLXS stock has trended somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Plexus earned a coverage optimism score of -1.5 on InfoTrie's scale. They also assigned media coverage about the technology company a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Some companies that are related to Plexus include Flex (FLEX), Jabil (JBL), Sanmina (SANM), Celestica (CLS), TTM Technologies (TTMI), Benchmark Electronics (BHE), CTS (CTS), Kimball Electronics (KE), Park Electrochemical (PKE), 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 retail and institutional investors. Top institutional investors include BlackRock Inc. (14.28%), Disciplined Growth Investors Inc. MN (9.22%), Dimensional Fund Advisors LP (8.48%), Franklin Resources Inc. (3.54%), FMR LLC (2.81%) and Fisher Asset Management LLC (2.20%). 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 Franklin Resources Inc., Renaissance Technologies LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., Victory Capital Management Inc., Dimensional Fund Advisors LP, Vident Investment Advisory LLC and AQR Capital Management LLC. 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, Patrick John Jermain, 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 purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Disciplined Growth Investors Inc. MN, Massachusetts Financial Services Co. MA, Thrivent Financial for Lutherans, Hodges Capital Management Inc., Russell Investments Group Ltd., Paloma Partners Management Co and MetLife Investment Advisors 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 $59.83.

Plexus has a market capitalization of $1.85 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 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]