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 share buyback 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 reacquire shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's leadership believes its shares are undervalued.

Plexus Corp. (NASDAQ:PLXS) announced its quarterly earnings data on Wednesday, October, 24th. The technology company reported $0.96 EPS for the quarter, beating the consensus estimate of $0.87 by $0.09. The technology company had revenue of $771.18 million for the quarter, compared to analyst estimates of $760.98 million. Plexus had a net margin of 0.45% and a return on equity of 11.98%. The business's quarterly revenue was up 15.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.84 EPS. 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 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 predictions 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 28.6% 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.

News headlines about PLXS stock have trended somewhat positive on Thursday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Plexus earned a media sentiment score of 2.0 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 effect on the company's share price in the next several 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 shareholders include BlackRock Inc. (14.28%), Vanguard Group Inc (10.70%), Vanguard Group Inc. (10.70%), Disciplined Growth Investors Inc. MN (9.22%), Dimensional Fund Advisors LP (8.48%) and Franklin Resources Inc. (3.54%). 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, 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 bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Disciplined Growth Investors Inc. MN, Massachusetts Financial Services Co. MA, Vanguard Group Inc, Vanguard Group Inc., Thrivent Financial for Lutherans, Hodges Capital Management Inc. and Russell Investments Group Ltd.. 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 $54.43.

Plexus has a market capitalization of $1.74 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]