Plexus Corp. Company Profile (NASDAQ:PLXS)

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

Plexus Corp. (NASDAQ:PLXS) released its quarterly earnings data on Wednesday, July, 19th. The company reported $0.74 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.72 by $0.02. The firm earned $618.80 million during the quarter, compared to analysts' expectations of $608.95 million. Plexus Corp. had a return on equity of 10.76% and a net margin of 4.07%. Plexus Corp.'s revenue was down 7.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.82 earnings per share. View Plexus Corp.'s Earnings History.

Plexus Corp. is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for Plexus Corp..

Plexus Corp. issued an update on its fourth quarter earnings guidance on Wednesday, July, 19th. The company provided earnings per share guidance of $0.77 to $0.87 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.84. The company issued revenue guidance of $660 million to $700 million, compared to the consensus revenue estimate of $672.12 million.

8 brokerages have issued 12-month target prices for Plexus Corp.'s shares. Their forecasts range from $50.00 to $65.00. On average, they anticipate Plexus Corp.'s stock price to reach $57.43 in the next twelve months. View Analyst Ratings for Plexus Corp..

Here are some recent quotes from research analysts about Plexus Corp. stock:

• 1. According to Zacks Investment Research, "Plexus reported third-quarter 2017 results, wherein both earnings and revenues beat the Zacks Consensus Estimate. However, both the metrics registered declines years over year. Plexus’ performance continues to be marred by weakness in Communications segment. Customer concentration and stiffening competition remain other areas of concern. The company has underperformed the broader market in the past one year. However, Plexus is likely to benefit from increasing project wins, streamlining of operations and strong cash flow generation abilities over the long run. Moreover, it expects revenues from communications sector to be up in the current quarter driven by increasing end-market demand." (7/25/2017)
• 2. Royal Bank Of Canada analysts commented, "The Company saw a demand pull-in during the Dec-qtr along with some push-outs from Mar-qtr to Jun-qtr. Overall, this was an industry phenomenon in the Communications segment and does not appear to be customer specific within Comms (one major customer push-out in Industrial/Commercial)." (1/19/2017)

Plexus Corp. saw a decrease in short interest during the month of July. As of July 31st, there was short interest totalling 490,108 shares, a decrease of 23.3% from the July 14th total of 638,734 shares. Based on an average trading volume of 213,159 shares, the days-to-cover ratio is currently 2.3 days. Approximately 1.5% of the company's shares are sold short.

Some companies that are related to Plexus Corp. include Integrated Device Technology (IDTI), Silicon Laboratories (SLAB), Advanced Energy Industries (AEIS), Sanmina Corporation (SANM), Tower Semiconductor (TSEM), Vishay Intertechnology (VSH), Semtech Corporation (SMTC), Cree (CREE), Mellanox Technologies (MLNX), Power Integrations (POWI), Rogers Corporation (ROG), Cabot Microelectronics Corporation (CCMP), Ambarella (AMBA), Celestica (CLS), Benchmark Electronics (BHE), Silicon Motion Technology Corporation (SIMO), Inphi Corporation (IPHI) and MaxLinear (MXL).

Plexus Corp.'s management team includes the folowing people:

• Dean A. Foate, Executive Chairman of the Board
• Todd P. Kelsey, President, Chief Executive Officer, Director
• Patrick John Jermain, Chief Financial Officer, Senior Vice President
• Yong Jin Jin Lim, Regional President - Plexus APAC
• Oliver K. Mihm, Regional President of Plexus EMEA
• Steven J. Frisch, Chief Operating Officer
• Ronnie Darroch, Executive Vice President - Global Manufacturing Solutions and Regional President-AMER
• Angelo Michael Ninivaggi Jr., Senior Vice President, Chief Administrative Officer, General Counsel, Secretary
• Michael V. Schrock, Lead Independent Director
• Paul A. Rooke, Director

Plexus Corp.'s stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.28%), Vanguard Group Inc. (9.86%), Disciplined Growth Investors Inc. MN (9.04%), Dimensional Fund Advisors LP (8.39%), FMR LLC (3.31%) and Northern Trust Corp (3.08%). Company insiders that own Plexus Corp. stock include Angelo Michael Ninivaggi Jr, Dean A Foate, Michael V Schrock, Oliver K Mihm, Patrick John Jermain, Peter Kelly, Philip R Martens, Ralf R Boer, Ronnie Darroch, Stephen P Cortinovis, Steven J Frisch, Todd P Kelsey and Yong Jin Lim. View Institutional Ownership Trends for Plexus Corp..

Plexus Corp.'s stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Ameriprise Financial Inc., BlackRock Inc., AHL Partners LLP, Gotham Asset Management LLC, Chartwell Investment Partners LLC, OxFORD Asset Management LLP and Martingale Asset Management L P. Company insiders that have sold Plexus Corp. stock in the last year include Dean A Foate, Michael V Schrock, Oliver K Mihm, Patrick John Jermain, Peter Kelly, Ronnie Darroch, Stephen P Cortinovis, Steven J Frisch, Todd P Kelsey and Yong Jin Lim. View Insider Buying and Selling for Plexus Corp..

Plexus Corp.'s stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Vaughan Nelson Investment Management L.P., Franklin Resources Inc., Dimensional Fund Advisors LP, Brandywine Global Investment Management LLC, Renaissance Technologies LLC, Voya Investment Management LLC and American Century Companies Inc.. View Insider Buying and Selling for Plexus Corp..

Shares of Plexus Corp. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Plexus Corp. stock can currently be purchased for approximately $49.37.