Plexus Stock Price, News & Analysis (NASDAQ:PLXS)

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

Plexus announced that its Board of Directors has initiated 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 buy shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company's management believes its stock is undervalued.

Plexus Corp. (NASDAQ:PLXS) posted its quarterly earnings data on Wednesday, October, 24th. The technology company reported $0.96 EPS for the quarter, beating analysts' consensus estimates 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 4.62% and a return on equity of 12.40%. The business's revenue for the quarter was up 15.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.84 earnings per share. View Plexus' Earnings History.

Plexus is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for Plexus.

Plexus will be holding an earnings conference call on Wednesday, October 23rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

2 Wall Street analysts have issued 1-year target prices for Plexus' stock. Their predictions range from $72.00 to $72.00. On average, they anticipate Plexus' share price to reach $72.00 in the next year. This suggests a possible upside of 12.7% 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Plexus.

News coverage about PLXS stock has trended somewhat negative this week, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Plexus earned a news impact score of -1.9 on InfoTrie's scale. They also gave press coverage 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 next few days. View News Stories for Plexus.

Plexus saw a decrease in short interest during the month of September. As of September 30th, there was short interest totalling 1,150,000 shares, a decrease of 11.5% from the August 30th total of 1,300,000 shares. Based on an average trading volume of 159,700 shares, the days-to-cover ratio is presently 7.2 days. Currently, 4.0% of the shares of the company are short sold. View Plexus' Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Plexus investors own include Berry Global Group (BERY), Bristol-Myers Squibb (BMY), Crest Nicholson (CRST), Cisco Systems (CSCO), Intel (INTC), QUALCOMM (QCOM), Walgreens Boots Alliance (WBA), salesforce.com (CRM), Twitter (TWTR) and First Solar (FSLR).

Plexus' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Scout Investments Inc. (0.33%), Envestnet Asset Management Inc. (0.08%) and State of Alaska Department of Revenue (0.08%). 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, Scott Theune, 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 Scout Investments Inc.. Company insiders that have sold Plexus company stock in the last year include Angelo Michael Ninivaggi Jr, Dean A Foate, Michael V Schrock, Patrick John Jermain, Peter Kelly, Ralf R Boer, Ronnie Darroch, Scott Theune, Stephen P Cortinovis 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 State of Alaska Department of Revenue and Envestnet Asset Management Inc.. 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, Robinhood, Fidelity and Charles Schwab.

One share of PLXS stock can currently be purchased for approximately $63.87.

Plexus has a market capitalization of $1.87 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.View Additional Information About Plexus.

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]