NASDAQ:PLXSPlexus Stock Price, Forecast & News

Plexus' stock was trading at $60.68 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PLXS shares have increased by 29.3% and is now trading at $78.47.
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6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Plexus in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Plexus is scheduled to release its next quarterly earnings announcement on Wednesday, October 28th 2020.
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Plexus Corp. (NASDAQ:PLXS) posted its quarterly earnings data on Wednesday, July, 22nd. The technology company reported $1.20 earnings per share for the quarter, beating analysts' consensus estimates of $0.75 by $0.45. The technology company had revenue of $857.39 million for the quarter, compared to analyst estimates of $801.94 million. Plexus had a net margin of 3.55% and a return on equity of 12.41%.
View Plexus' earnings history.

Plexus updated its fourth quarter earnings guidance on Wednesday, July, 22nd. The company provided earnings per share (EPS) guidance of $1.05 to $1.20 for the period, compared to the Thomson Reuters consensus estimate of $0.90. The company issued revenue guidance of $850 million to $890 million, compared to the consensus revenue estimate of $820.47 million.

6 brokerages have issued 1 year price objectives for Plexus' shares. Their forecasts range from $72.00 to $91.00. On average, they expect Plexus' share price to reach $81.60 in the next twelve months. This suggests a possible upside of 4.0% from the stock's current price.
View analysts' price targets for Plexus.

Media headlines about PLXS stock have been trending very negative recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Plexus earned a news sentiment score of -3.4 on InfoTrie's scale. They also assigned press coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future.
View the latest news about Plexus.

Plexus saw a decrease in short interest in July. As of July 31st, there was short interest totaling 772,800 shares, a decrease of 21.3% from the July 15th total of 981,700 shares. Based on an average daily trading volume, of 226,800 shares, the short-interest ratio is presently 3.4 days. Approximately 2.7% of the company's shares are sold short.
View Plexus' Short Interest.

Some companies that are related to Plexus include Trimble (TRMB), IPG Photonics (IPGP), Jabil (JBL), Mercury Systems (MRCY), Fabrinet (FN), Sanmina (SANM), TTM Technologies (TTMI), Methode Electronics (MEI), Benchmark Electronics (BHE), CTS (CTS), Park Electrochemical (PKE), Key Tronic (KTCC) and Neonode (NEON).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Plexus investors own include Bristol-Myers Squibb (BMY), Walgreens Boots Alliance (WBA), Berry Global Group (BERY), Cisco Systems (CSCO), Gilead Sciences (GILD), Intel (INTC), Pfizer (PFE), QUALCOMM (QCOM), Twitter (TWTR) and ConocoPhillips (COP).

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

Plexus' stock is owned by a number of retail and institutional investors. Top institutional investors include Victory Capital Management Inc. (3.66%), BNP PARIBAS ASSET MANAGEMENT Holding S.A. (2.41%), Fisher Asset Management LLC (1.97%), Chartwell Investment Partners LLC (1.00%), New York State Common Retirement Fund (0.85%) and Principal Financial Group Inc. (0.77%). Company insiders that own Plexus stock include Angelo Michael Ninivaggi Jr, David J Drury, Dean A Foate, Michael V Schrock, 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 WINTON GROUP Ltd, First Trust Advisors LP, SG Americas Securities LLC, Fisher Asset Management LLC, State Board of Administration of Florida Retirement System, Principal Financial Group Inc., Vident Investment Advisory LLC, and Vident Investment Advisory LLC. Company insiders that have sold Plexus company stock in the last year include Angelo Michael Ninivaggi Jr, David J Drury, Dean A Foate, Michael V Schrock, Patrick John Jermain, Ronnie Darroch, Scott Theune, Stephen P Cortinovis, Steven J Frisch, Todd P Kelsey, and Yong Jin Lim.
View insider buying and selling activity for Plexus.

PLXS stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., New York State Common Retirement Fund, BNP PARIBAS ASSET MANAGEMENT Holding S.A., Assenagon Asset Management S.A., Meritage Portfolio Management, Mackay Shields LLC, Chartwell Investment Partners LLC, and Strs Ohio.
View insider buying and selling activity 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 $78.47.

Plexus has a market capitalization of $2.29 billion and generates $3.16 billion in revenue each year. The technology company earns $108.62 million in net income (profit) each year or $3.43 on an earnings per share basis. Plexus employs 19,000 workers across the globe.

The official website for Plexus is 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]