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 buyback program on Wednesday, February 21st 2018, which authorizes the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board of directors believes its stock is undervalued.

Plexus Corp. (NASDAQ:PLXS) announced its earnings results 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 analyst estimates of $691.05 million. Plexus had a positive return on equity of 10.96% and a negative net margin of 1.19%. The firm's revenue was up 15.7% compared to the same quarter last year. During the same period last year, the company earned $0.84 earnings per share. View Plexus' Earnings History.

Plexus is scheduled to release their next quarterly earnings announcement on Tuesday, July, 17th 2018. View Earnings Estimates for Plexus.

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

5 equities research analysts have issued 12 month price objectives for Plexus' stock. Their forecasts range from $54.00 to $70.00. On average, they anticipate Plexus' share price to reach $60.75 in the next year. 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 short-interest ratio is currently 5.4 days. Approximately 3.3% of the company's shares are short sold.

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), IEC Electronics (IEC), NANO DIMENSION/S (NNDM), SigmaTron International (SGMA) and Eltek (ELTK).

Media coverage about PLXS stock has trended somewhat positive this week, according to Accern Sentiment. The research firm scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Plexus earned a news sentiment score of 0.13 on Accern's scale. They also assigned media headlines about the technology company an impact score of 46.85 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term.

Plexus' stock is owned by a variety of of institutional and retail 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 acquired 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 $61.00.

Plexus has a market capitalization of $2.02 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]