NASDAQ:PLXS - Plexus Stock Price, Price Target & More

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

Plexus announced that its Board of Directors has approved a stock repurchase program on Wednesday, February 21st 2018, which allows the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board believes its shares are undervalued.

Plexus Corp. (NASDAQ:PLXS) issued its quarterly earnings data on Wednesday, April, 25th. The technology company reported $0.74 EPS for the quarter, hitting analysts' consensus estimates of $0.74. The technology company had revenue of $699 million for the quarter, compared to analysts' expectations of $691.05 million. Plexus had a negative net margin of 1.19% and a positive return on equity of 10.96%. The business's quarterly revenue was up 15.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.84 EPS. View Plexus' Earnings History.

Plexus is scheduled to release their next quarterly earnings announcement on Wednesday, July, 18th 2018. View Earnings Estimates for Plexus.

Plexus issued an update on its third quarter earnings guidance on Wednesday, April, 25th. The company provided EPS guidance of $0.76-0.86 for the period, compared to the Thomson Reuters consensus estimate of $0.87. The company issued revenue guidance of $700-740 million, compared to the consensus revenue estimate of $710.67 million.

5 Wall Street analysts have issued twelve-month price objectives for Plexus' stock. Their forecasts range from $54.00 to $70.00. On average, they expect Plexus' share price to reach $60.75 in the next twelve months. View Analyst Ratings for Plexus.

Plexus saw a increase in short interest during the month of May. As of May 15th, there was short interest totalling 1,078,003 shares, an increase of 51.7% from the April 30th total of 710,382 shares. Based on an average daily trading volume, of 200,317 shares, the days-to-cover ratio is currently 5.4 days. Approximately 3.3% of the shares of the company are short sold. View Plexus' Current Options Chain.

Some companies that are related to Plexus include Flex (FLEX), Jabil (JBL), Sanmina (SANM), TTM Technologies (TTMI), Celestica (CLS), Benchmark Electronics (BHE), CTS (CTS), Kimball Electronics (KE), Park Electrochemical (PKE), Sparton (SPA), SMTC (SMTX), NANO DIMENSION/S (NNDM), IEC Electronics (IEC), SigmaTron International (SGMA) and Eltek (ELTK).

Media coverage about PLXS stock has trended somewhat positive on Saturday, according to Accern Sentiment Analysis. The research group ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Plexus earned a media sentiment score of 0.14 on Accern's scale. They also gave media stories about the technology company an impact score of 44.89 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Plexus' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.17%), Disciplined Growth Investors Inc. MN (8.89%), Dimensional Fund Advisors LP (8.50%), Barrow Hanley Mewhinney & Strauss LLC (4.37%), Franklin Resources Inc. (3.70%) and Northern Trust Corp (3.11%). Company insiders that own Plexus stock include Angelo Michael Ninivaggi Jr, David J Drury, 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 Institutional Ownership Trends for Plexus.

PLXS stock was sold by a variety of institutional investors in the last quarter, including American Century Companies Inc., Disciplined Growth Investors Inc. MN, Massachusetts Financial Services Co. MA, JPMorgan Chase & Co., Vaughan Nelson Investment Management L.P., Citigroup Inc., Barrow Hanley Mewhinney & Strauss LLC and Royal Bank of Canada. 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, Oliver K Mihm, Patrick John Jermain, 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.

PLXS stock was purchased by a variety of institutional investors in the last quarter, including Thrivent Financial for Lutherans, Cooke & Bieler LP, Silvercrest Asset Management Group LLC, Scout Investments Inc., Carillon Tower Advisers Inc., BlackRock Inc., Dean Investment Associates LLC and Franklin Resources Inc.. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

One share of PLXS stock can currently be purchased for approximately $61.66.

Plexus has a market capitalization of $2.03 billion and generates $2.53 billion in revenue each year. The technology company earns $112.06 million in net income (profit) each year or $3.24 on an earnings per share basis. Plexus employs 16,000 workers across the globe.

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]