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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
Germany urged to cap heat in offices this winter to save gas
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
Germany urged to cap heat in offices this winter to save gas
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
Germany urged to cap heat in offices this winter to save gas
The Financial Day of Reckoning Has Begun (Ad)
NASDAQ:PLXS

Plexus - PLXS Stock Forecast, Price & News

$94.50
-1.21 (-1.26%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$93.96
$96.49
50-Day Range
$75.73
$95.71
52-Week Range
$72.88
$99.11
Volume
179,351 shs
Average Volume
128,736 shs
Market Capitalization
$2.62 billion
P/E Ratio
22.18
Dividend Yield
N/A
Price Target
$96.60

Plexus MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
2.2% Upside
$96.60 Price Target
Short Interest
Healthy
3.76% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.00mentions of Plexus in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$3.11 M Sold Last Quarter
Proj. Earnings Growth
23.65%
From $4.44 to $5.49 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.92 out of 5 stars

Computer And Technology Sector

501st out of 665 stocks

Printed Circuit Boards Industry

7th out of 9 stocks

PLXS stock logo

About Plexus (NASDAQ:PLXS) Stock

Plexus Corp., together with its subsidiaries, provides electronic manufacturing services in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It offers design and development, supply chain, new product introduction, and manufacturing solutions, as well as aftermarket services to companies in the healthcare/life sciences, industrial/commercial, aerospace/defense, and communications market sectors. Plexus Corp. was founded in 1979 and is headquartered in Neenah, Wisconsin.

Plexus Stock Performance

NASDAQ:PLXS opened at $94.50 on Friday. The company has a market cap of $2.62 billion, a P/E ratio of 22.18 and a beta of 1.14. Plexus has a twelve month low of $72.88 and a twelve month high of $99.11. The company's 50-day moving average price is $83.74 and its 200-day moving average price is $82.10. The company has a current ratio of 1.43, a quick ratio of 0.59 and a debt-to-equity ratio of 0.17.

Plexus (NASDAQ:PLXS - Get Rating) last released its earnings results on Wednesday, July 27th. The technology company reported $1.33 earnings per share for the quarter, topping analysts' consensus estimates of $1.10 by $0.23. The business had revenue of $981.00 million for the quarter, compared to analyst estimates of $906.32 million. Plexus had a net margin of 3.43% and a return on equity of 11.79%. The business's revenue was up 20.5% on a year-over-year basis. During the same period last year, the company posted $0.99 EPS. On average, sell-side analysts forecast that Plexus will post 4.44 earnings per share for the current fiscal year.

Analysts Set New Price Targets

PLXS has been the subject of a number of research analyst reports. Benchmark initiated coverage on shares of Plexus in a research report on Wednesday, July 27th. They set a "buy" rating and a $98.00 price objective for the company. Raymond James upgraded shares of Plexus from a "market perform" rating to an "outperform" rating and set a $100.00 price target for the company in a research report on Tuesday, June 7th. Finally, JPMorgan Chase & Co. cut Plexus from a "neutral" rating to an "underweight" rating and set a $85.00 price objective on the stock. in a report on Friday. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $96.60.

Insiders Place Their Bets

In other Plexus news, insider Scott Theune sold 1,678 shares of the firm's stock in a transaction on Thursday, May 26th. The stock was sold at an average price of $83.04, for a total value of $139,341.12. Following the completion of the sale, the insider now directly owns 7,500 shares of the company's stock, valued at approximately $622,800. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, insider Steven J. Frisch sold 3,564 shares of the company's stock in a transaction that occurred on Monday, August 1st. The stock was sold at an average price of $93.79, for a total value of $334,267.56. Following the transaction, the insider now directly owns 53,102 shares in the company, valued at $4,980,436.58. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Scott Theune sold 1,678 shares of the stock in a transaction that occurred on Thursday, May 26th. The stock was sold at an average price of $83.04, for a total value of $139,341.12. Following the completion of the transaction, the insider now owns 7,500 shares of the company's stock, valued at $622,800. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 35,272 shares of company stock valued at $3,105,665. Insiders own 2.17% of the company's stock.

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PLXS Stock News Headlines

27 U.S. Cities Where Stocks Yield 26% a Year
What’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. pixel
The Day of Financial Reckoning Is Near
The cycles that accurately warned of the Great Depression and every major investment event since … are now warning that the most severe geopolitical earthquake of this century has just begun. This crisis is so urgent that Weiss Ratings cycles expert Sean Brodrick and I held an emergency summit to prepare investors for the fallout.
Brokerages Set Plexus Corp. (NASDAQ:PLXS) PT at $99.50
Plexus: Fiscal Q3 Earnings Snapshot
Plexus Q3 Profit Beats View
Plexus (PLXS) Q3 Earnings and Revenues Top Estimates
See More Headlines
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PLXS Company Calendar

Last Earnings
7/27/2022
Today
8/14/2022
Fiscal Year End
9/30/2022
Next Earnings (Estimated)
10/26/2022

Industry, Sector and Symbol

Industry
Printed circuit boards
Sub-Industry
Electronic Manufacturing Services
Current Symbol
NASDAQ:PLXS
CUSIP
72913210
Employees
19,200
Year Founded
1979

Price Target and Rating

Average Stock Price Forecast
$96.60
High Stock Price Forecast
$110.00
Low Stock Price Forecast
$85.00
Forecasted Upside/Downside
+2.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$138.91 million
Pretax Margin
3.99%

Debt

Sales & Book Value

Annual Sales
$3.37 billion
Cash Flow
$7.09 per share
Book Value
$38.19 per share

Miscellaneous

Free Float
27,111,000
Market Cap
$2.62 billion
Optionable
Optionable
Beta
1.14

Social Links















PLXS Stock - Frequently Asked Questions

Should I buy or sell Plexus stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Plexus in the last year. There are currently 1 sell rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" PLXS shares.
View PLXS analyst ratings
or view top-rated stocks.

What is Plexus' stock price forecast for 2022?

5 equities research analysts have issued twelve-month target prices for Plexus' stock. Their PLXS share price forecasts range from $85.00 to $110.00. On average, they predict the company's stock price to reach $96.60 in the next twelve months. This suggests a possible upside of 2.2% from the stock's current price.
View analysts price targets for PLXS
or view top-rated stocks among Wall Street analysts.

How have PLXS shares performed in 2022?

Plexus' stock was trading at $95.89 at the beginning of 2022. Since then, PLXS stock has decreased by 1.4% and is now trading at $94.50.
View the best growth stocks for 2022 here
.

When is Plexus' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our PLXS earnings forecast
.

How were Plexus' earnings last quarter?

Plexus Corp. (NASDAQ:PLXS) issued its quarterly earnings results on Wednesday, July, 27th. The technology company reported $1.33 earnings per share for the quarter, topping analysts' consensus estimates of $1.10 by $0.23. The technology company had revenue of $981 million for the quarter, compared to analyst estimates of $906.32 million. Plexus had a trailing twelve-month return on equity of 11.79% and a net margin of 3.43%. The company's quarterly revenue was up 20.5% on a year-over-year basis. During the same quarter last year, the company posted $0.99 earnings per share.

What guidance has Plexus issued on next quarter's earnings?

Plexus issued an update on its fourth quarter 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share (EPS) guidance of $1.19-$1.35 for the period, compared to the consensus EPS estimate of $1.19. The company issued revenue guidance of $980.00M-$1.02 billion, compared to the consensus revenue estimate of $941.00 million.

What is Todd Kelsey's approval rating as Plexus' CEO?

80 employees have rated Plexus Chief Executive Officer Todd Kelsey on Glassdoor.com. Todd Kelsey has an approval rating of 77% among the company's employees.

What other stocks do shareholders of Plexus own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Plexus investors own include Bristol-Myers Squibb (BMY), Pfizer (PFE), Walgreens Boots Alliance (WBA), Berry Global Group (BERY), Cisco Systems (CSCO), Intel (INTC), QUALCOMM (QCOM), Teledyne FLIR (FLIR), First Solar (FSLR) and Gilead Sciences (GILD).

What is Plexus' stock symbol?

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

Who are Plexus' major shareholders?

Plexus' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Victory Capital Management Inc. (3.75%), Cooke & Bieler LP (3.11%), Massachusetts Financial Services Co. MA (2.98%), BNP PARIBAS ASSET MANAGEMENT Holding S.A. (2.89%), William Blair Investment Management LLC (1.70%) and Northern Trust Corp (1.17%). Insiders that own company stock include Angelo Michael Ninivaggi Jr, David J Drury, Dean A Foate, J Joel Quadracci, Michael V Schrock, Patrick John Jermain, Ronnie Darroch, Scott Theune, Stephen P Cortinovis, Steven J Frisch, Todd P Kelsey and Yong Jin Lim.
View institutional ownership trends
.

How do I buy shares of Plexus?

Shares of PLXS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Plexus' stock price today?

One share of PLXS stock can currently be purchased for approximately $94.50.

How much money does Plexus make?

Plexus (NASDAQ:PLXS) has a market capitalization of $2.62 billion and generates $3.37 billion in revenue each year. The technology company earns $138.91 million in net income (profit) each year or $4.26 on an earnings per share basis.

How many employees does Plexus have?

The company employs 19,200 workers across the globe.

Does Plexus have any subsidiaries?

The following companies are subsidiares of Plexus: MCMS Inc., PTL Information Technology Services Corp., Plexus (Hangzhou) Co. Ltd., Plexus (Thailand) Co. Ltd., Plexus (Xiamen) Co. Ltd., Plexus Aerospace Defense and Security Services LLC, Plexus Asia Ltd., Plexus Corp. (UK) Limited, Plexus Corp. Limited, Plexus Corp. Services (UK) Limited, Plexus Deutschland GmbH, Plexus Electronica S. de R.L. de C.V., Plexus Global Holdings Limited, Plexus International Services Inc., Plexus Intl. Sales & Logistics LLC, Plexus Management Services Corporation, Plexus Manufacturing Sdn. Bhd., Plexus QS LLC, Plexus Services Americas S. de R.L. de C.V., Plexus Services RO S.R.L., Qtron Inc., Shure, and e2E Corp.
Read More

When was Plexus founded?

Plexus was founded in 1979.

How can I contact Plexus?

Plexus' mailing address is One Plexus Way, Neenah WI, 54957. The official website for the company is www.plexus.com. The technology company can be reached via phone at (920) 969-6000, via email at heather.beresford@plexus.com, or via fax at 920-751-5395.

This page (NASDAQ:PLXS) was last updated on 8/14/2022 by MarketBeat.com Staff

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