Plexus Corp. Company Profile (NASDAQ:PLXS)

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

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

Plexus Corp. updated its fourth quarter earnings guidance on Wednesday, July, 19th. The company provided EPS guidance of $0.77 to $0.87 for the period, compared to the Thomson Reuters consensus 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 equities research analysts have issued twelve-month price objectives for Plexus Corp.'s stock. Their predictions 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’ performance continues to be marred by weakness in Communications segment. For the third quarter, management said that the segment revenues will be down in low teens due to softening end market demand as well as timing of new product launches. Plus, at the last earnings call, Plexus added that its goal of achieving $3 billion in revenue run rate in the fiscal 2017 now looks challenging given customer issues. 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. In the second quarter of fiscal 2017, Plexus won 26 new manufacturing programs worth approximately $202 million and has added over $813 million in annualized revenues in the trailing four quarters due to new wins. Estimates have remained stable ahead of the upcoming earnings release. " (6/21/2017)
• 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)

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

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 a number of of retail and institutional investors. Top institutional investors include Fisher Asset Management LLC (2.11%), Vaughan Nelson Investment Management L.P. (1.25%), US Bancorp DE (0.11%), Profit Investment Management LLC (0.09%), James Investment Research Inc. (0.06%) and First Quadrant L P CA (0.05%). 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 Fisher Asset Management LLC, First Quadrant L P CA, Profit Investment Management LLC, Capstone Asset Management Co. and Aperio Group LLC. Company insiders that have sold Plexus Corp. stock in the last year include Angelo Michael Ninivaggi Jr, 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 Insider Buying and Selling for Plexus Corp..

Plexus Corp.'s stock was purchased by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., James Investment Research Inc., State of Alaska Department of Revenue and US Bancorp DE. 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 $54.46.