NASDAQ:PLXS

Plexus (PLXS) Stock Forecast, Price & News

$90.37

-0.31 (-0.34%)

(As of 11:39 AM ET)

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Today's Range: $89.25
▼
$91.08
50-Day Range: $84.72
▼
$97.57
52-Week Range: $74.53
▼
$115.36

Volume: 19,754 shs
Average Volume: 162,016 shs
Market Capitalization: $2.49 billion

P/E Ratio: 14.94
Dividend Yield: N/A
Price Target: $107.00

Plexus MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.60 Rating Score
Upside/Downside: 19.0% Upside
$107.00 Price Target
Short Interest: Bearish
2.26% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.83
Upright™ Environmental Score
News Sentiment: 0.80
Based on 5 Articles This Week
Insider Trading: Selling Shares
$394,267 Sold Last Quarter
Proj. Earnings Growth: 14.60%
From $5.48 to $6.28 Per Share

Overall MarketRank^™

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

2.15 out of 5 stars

Computer And Technology Sector

589th out of 1,226 stocks

Printed Circuit Boards Industry

15th out of 20 stocks

2.3

Analyst's Opinion

Consensus Rating
Plexus has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 4 buy ratings, no hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $107.00, Plexus has a forecasted upside of 19.0% from its current price of $89.93.
Amount of Analyst Coverage
Plexus has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
2.26% of the float of Plexus has been sold short.
Short Interest Ratio / Days to Cover
Plexus has a short interest ratio ("days to cover") of 4.2.
Change versus previous month
Short interest in Plexus has recently increased by 11.39%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Plexus does not currently pay a dividend.
Dividend Growth
Plexus does not have a long track record of dividend growth.

1.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Plexus has received a -5.90% net impact score from Upright. The largest negative impact of Plexus in category "GHG emissions" seems to be driven mostly by its "Military aircraft parts", "Airplane components", "Industrial robots", and "Railway vehicle parts" products. See details.
Environmental Sustainability
The Environmental Impact score for Plexus is -1.83.

3.2

News and Social Media Coverage

News Sentiment
Plexus has a news sentiment score of 0.80. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Plexus this week, compared to 4 articles on an average week.
MarketBeat Follows
2 people have added Plexus to their MarketBeat watchlist in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Plexus insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $394,267.00 in company stock.
Percentage Held by Insiders
Only 2.05% of the stock of Plexus is held by insiders.
Percentage Held by Institutions
96.01% of the stock of Plexus is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Plexus are expected to grow by 14.60% in the coming year, from $5.48 to $6.28 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Plexus is 14.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.72.
Price to Earnings Ratio vs. Sector
The P/E ratio of Plexus is 14.86, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 301.82.
Price to Book Value per Share Ratio
Plexus has a P/B Ratio of 2.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Plexus (NASDAQ:PLXS) Stock

Plexus Corp. engages in the provision of electronic manufacturing services. The firm partners with companies to transform concepts into branded products and deliver them to the market. It has partnerships with customers in the healthcare and life sciences, industrial and commercial, communications, and aerospace and defense market sectors. The company operates through the following geographical segments: Americas (AMER), Europe, Middle East, and Africa (EMEA), and Asia-Pacific (APAC). The company was founded by Peter Strandwitz, Shirani Ramin and John L. Nussbaum in 1979 and is headquartered in Neenah, WI.

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PLXS Stock News Headlines

May 30, 2023 | finance.yahoo.com

Plexus to Present at the Stifel 2023 Cross Sector Insight Conference

May 29, 2023 | finance.yahoo.com

Is Now The Time To Look At Buying Plexus Corp. (NASDAQ:PLXS)?

June 1, 2023 | Edge On The Street (Ad)

ChatGPT Is Already "Old School"

As good as ChatGPT is at writing content, it still doesn't understand what it's saying. But a new AI technology breakthrough will understand and process information like a human. One young company is leading the way.

May 28, 2023 | americanbankingnews.com

Plexus Corp. (NASDAQ:PLXS) Receives Average Rating of "Moderate Buy" from Brokerages

May 26, 2023 | finance.yahoo.com

Why Is Plexus (PLXS) Up 2.5% Since Last Earnings Report?

May 22, 2023 | americanbankingnews.com

Plexus (NASDAQ:PLXS) Coverage Initiated by Analysts at StockNews.com

May 17, 2023 | americanbankingnews.com

Plexus (NASDAQ:PLXS) and Tempo Automation (NASDAQ:TMPO) Financial Contrast

May 17, 2023 | americanbankingnews.com

Plexus (NASDAQ:PLXS) & Tempo Automation (NASDAQ:TMPO) Critical Comparison

June 1, 2023 | Edge On The Street (Ad)

AI Getting Close to Thinking Like Humans

Technology experts working with neuroscientists have created the world's first Artificial Intelligence Network Operating System. AI can now process information like the human brain and understand the world the way humans do.

May 15, 2023 | finance.yahoo.com

Plexus Corp.'s (NASDAQ:PLXS) Intrinsic Value Is Potentially 20% Below Its Share Price

May 14, 2023 | americanbankingnews.com

Q3 2023 EPS Estimates for Plexus Corp. (NASDAQ:PLXS) Decreased by Zacks Research

May 6, 2023 | americanbankingnews.com

Plexus Corp. (NASDAQ:PLXS) EVP Sells $394,266.88 in Stock

May 3, 2023 | americanbankingnews.com

Plexus Corp. (NASDAQ:PLXS) Receives $107.00 Average Target Price from Brokerages

May 1, 2023 | finance.yahoo.com

Returns At Plexus (NASDAQ:PLXS) Are On The Way Up

April 30, 2023 | seekingalpha.com

Plexus Corp. 2023 Q2 - Results - Earnings Call Presentation

April 28, 2023 | finance.yahoo.com

Q2 2023 Plexus Corp Earnings Call

April 27, 2023 | finance.yahoo.com

Plexus (PLXS) Q2 Earnings Top Estimates, Revenues Surge Y/Y

April 25, 2023 | americanbankingnews.com

Plexus (PLXS) Set to Announce Earnings on Wednesday

April 24, 2023 | finance.yahoo.com

Plexus Corp. (PLXS) Stock Historical Prices & Data - Yahoo Finance

April 24, 2023 | finance.yahoo.com

Plexus Corp (PLXS) to Post Q2 Earnings: What's in Store?

April 21, 2023 | americanbankingnews.com

Plexus Corp. (NASDAQ:PLXS) Expected to Post Q2 2024 Earnings of $1.62 Per Share

April 6, 2023 | americanbankingnews.com

Plexus Corp. (NASDAQ:PLXS) Receives $107.00 Consensus Target Price from Analysts

April 5, 2023 | finance.yahoo.com

Plexus Sets Fiscal Second Quarter 2023 Earnings Release Date

March 21, 2023 | americanbankingnews.com

Plexus Corp. to Post FY2023 Earnings of $5.53 Per Share, Zacks Research Forecasts (NASDAQ:PLXS)

March 6, 2023 | finance.yahoo.com

Plexus to Present at the Raymond James 44th Annual Institutional Investors Conference

March 6, 2023 | finance.yahoo.com

Investors in Plexus (NASDAQ:PLXS) have made a notable return of 55% over the past three years

February 24, 2023 | finance.yahoo.com

Plexus (PLXS) Up 3.7% Since Last Earnings Report: Can It Continue?

See More Headlines

PLXS Price History

30 days | 90 days | 365 days | Advanced Chart

PLXS Company Calendar

Last Earnings: 4/26/2023
Today: 6/01/2023
Next Earnings (Estimated): 7/26/2023
Fiscal Year End: 9/30/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Printed circuit boards
Sub-Industry: Electronic Manufacturing Services
Sector: Computer and Technology
Current Symbol: NASDAQ:PLXS
CUSIP: 72913210
CIK: 785786
Web: www.plexus.com
Phone: (920) 969-6000
Fax: 920-751-5395
Employees: 25,000
Year Founded: 1979

Price Target and Rating

Average Stock Price Forecast: $107.00
High Stock Price Forecast: $116.00
Low Stock Price Forecast: $86.00
Forecasted Upside/Downside: +18.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.60
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): $6.05
Trailing P/E Ratio: 14.99
Forward P/E Ratio: 16.55
P/E Growth: N/A
Net Income: $138.24 million
Net Margins: 4.00%
Pretax Margin: 4.62%
Return on Equity: 15.24%
Return on Assets: 5.11%

Debt

Debt-to-Equity Ratio: 0.16
Current Ratio: 1.45
Quick Ratio: 0.59

Sales & Book Value

Annual Sales: $3.81 billion
Price / Sales: 0.66
Cash Flow: $7.11 per share
Price / Cash Flow: 12.75
Book Value: $42.84 per share
Price / Book: 2.12

Miscellaneous

Outstanding Shares: 27,600,000
Free Float: 27,034,000
Market Cap: $2.50 billion
Optionable: Optionable
Beta: 1.11

Social Links

Key Executives

Todd P. Kelsey
Chief Executive Officer, Director & Executive VP

Steven J. Frisch
President & Chief Strategy Officer

Oliver Kurt Mihm
Chief Operating Officer & Executive Vice President

Patrick John Jermain
Chief Financial Officer & Executive Vice President

Kyle Mcmillan
Chief Information Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PLXS Stock - Frequently Asked Questions

Should I buy or sell Plexus stock right now?: 5 Wall Street research 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 research analysts is that investors should "buy" PLXS shares.
View PLXS analyst ratings or view top-rated stocks.
What is Plexus' stock price forecast for 2023?: 5 brokers have issued 12-month price targets for Plexus' shares. Their PLXS share price forecasts range from $86.00 to $116.00. On average, they predict the company's stock price to reach $107.00 in the next year. This suggests a possible upside of 18.0% 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 2023?: Plexus' stock was trading at $102.93 on January 1st, 2023. Since then, PLXS shares have decreased by 11.9% and is now trading at $90.68.
View the best growth stocks for 2023 here.
When is Plexus' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023.
View our PLXS earnings forecast.
How were Plexus' earnings last quarter?: Plexus Corp. (NASDAQ:PLXS) issued its quarterly earnings data on Wednesday, April, 26th. The technology company reported $1.45 earnings per share for the quarter, topping analysts' consensus estimates of $1.16 by $0.29. The technology company had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.04 billion. Plexus had a trailing twelve-month return on equity of 15.24% and a net margin of 4.00%. The firm's revenue for the quarter was up 20.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.95 EPS.
What ETFs hold Plexus' stock?: ETFs with the largest weight of Plexus (NASDAQ:PLXS) stock in their portfolio include Invesco S&P SmallCap Information Technology ETF (PSCT), Invesco S&P SmallCap Momentum ETF (XSMO), SPDR S&P 600 Small Cap Growth ETF (SLYG), Syntax Stratified SmallCap ETF (SSLY), Vanguard S&P Small-Cap 600 Growth ETF (VIOG), iShares S&P Small-Cap 600 Growth ETF (IJT), Invesco S&P SmallCap 600 Pure Growth ETF (RZG) and SPDR S&P SmallCap 600 ESG ETF (ESIX).
What guidance has Plexus issued on next quarter's earnings?: Plexus updated its third quarter earnings guidance on Thursday, May, 18th. The company provided earnings per share guidance of $1.05-1.23 for the period, compared to the consensus earnings per share estimate of $1.16. The company issued revenue guidance of $1.00-1.05 billion, compared to the consensus revenue estimate of $1.02 billion.
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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.85%), Dimensional Fund Advisors LP (6.39%), BNP PARIBAS ASSET MANAGEMENT Holding S.A. (3.47%), State Street Corp (3.46%), Victory Capital Management Inc. (2.72%) and Silvercrest Asset Management Group LLC (2.23%). Insiders that own company stock include Angelo Michael Ninivaggi Jr, Dean A Foate, J Joel Quadracci, Michael V Schrock, Patrick John Jermain, Ronnie Darroch, Scott Theune, 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 $90.68.
How much money does Plexus make?: Plexus (NASDAQ:PLXS) has a market capitalization of $2.50 billion and generates $3.81 billion in revenue each year. The technology company earns $138.24 million in net income (profit) each year or $6.05 on an earnings per share basis.
How many employees does Plexus have?: The company employs 25,000 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
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 6/1/2023 by MarketBeat.com Staff

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