NASDAQ:PLXSPlexus Stock Price, Forecast & News

Plexus' stock was trading at $60.68 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, PLXS shares have increased by 30.7% and is now trading at $79.31.
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6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Plexus in the last year. There are currently 3 hold ratings and 3 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) released its quarterly earnings results on Wednesday, July, 22nd. The technology company reported $1.20 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.45. The technology company earned $857.39 million during the quarter, compared to analysts' expectations of $801.94 million. Plexus had a net margin of 3.55% and a return on equity of 12.41%.
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Plexus issued an update on its fourth quarter earnings guidance on Wednesday, July, 22nd. The company provided EPS guidance of $1.05 to $1.20 for the period, compared to the Thomson Reuters consensus earnings per share 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 brokers have issued twelve-month target prices for Plexus' stock. Their forecasts range from $78.00 to $91.00. On average, they anticipate Plexus' stock price to reach $82.80 in the next twelve months. This suggests a possible upside of 4.4% from the stock's current price.
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News headlines about PLXS stock have been trending somewhat positive on Wednesday, according to InfoTrie. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Plexus earned a media sentiment score of 1.0 on InfoTrie's scale. They also gave headlines about the technology company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term.
View the latest news about Plexus.

Plexus saw a increase in short interest in the month of February. As of February 15th, there was short interest totaling 867,500 shares, an increase of 13.8% from the January 31st total of 762,200 shares. Based on an average daily volume of 165,500 shares, the short-interest ratio is currently 5.2 days. Currently, 3.0% of the company's stock 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), Pfizer (PFE), Cisco Systems (CSCO), Gilead Sciences (GILD), Intel (INTC), QUALCOMM (QCOM), Twitter (TWTR), Berry Global Group (BERY) and Chesapeake Energy (CHKAQ).

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

Plexus' stock is owned by a number of institutional and retail 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 purchased 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, Oppenheimer Asset Management Inc., and Chartwell Investment Partners LLC.
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 $79.31.

Plexus has a market capitalization of $2.31 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]