Plexus Stock Price, News & Analysis (NASDAQ:PLXS)

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

Plexus declared that its board has authorized a stock repurchase plan on Wednesday, February 21st 2018, which permits the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company's board of directors believes its stock is undervalued.

Plexus Corp. (NASDAQ:PLXS) announced its quarterly earnings data on Wednesday, October, 24th. The technology company reported $0.96 EPS for the quarter, beating the Zacks' consensus estimate of $0.87 by $0.09. The technology company earned $771.18 million during the quarter, compared to analysts' expectations of $760.98 million. Plexus had a return on equity of 12.40% and a net margin of 4.62%. The firm's revenue for the quarter was up 15.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.84 earnings per share. View Plexus' Earnings History.

Plexus is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for Plexus.

Plexus will be holding an earnings conference call on Wednesday, October 23rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

2 brokers have issued 12 month target prices for Plexus' stock. Their forecasts range from $72.00 to $72.00. On average, they expect Plexus' stock price to reach $72.00 in the next twelve months. This suggests a possible upside of 11.8% from the stock's current price. View Analyst Price Targets for Plexus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Plexus in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Plexus.

Media headlines about PLXS stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than six thousand blog and news 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 news sentiment score of 0.8 on InfoTrie's scale. They also gave news stories about the technology company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Plexus.

Plexus saw a decrease in short interest during the month of September. As of September 30th, there was short interest totalling 1,150,000 shares, a decrease of 11.5% from the August 30th total of 1,300,000 shares. Based on an average daily volume of 159,700 shares, the days-to-cover ratio is presently 7.2 days. Currently, 4.0% of the company's shares are sold short. View Plexus' Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Plexus investors own include Berry Global Group (BERY), Bristol-Myers Squibb (BMY), Intel (INTC), Twitter (TWTR), Crest Nicholson (CRST), Cisco Systems (CSCO), First Solar (FSLR), QUALCOMM (QCOM), Walgreens Boots Alliance (WBA) and Arch Coal (ARCH).

Plexus' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Scout Investments Inc. (0.33%), Envestnet Asset Management Inc. (0.08%) and State of Alaska Department of Revenue (0.08%). 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, 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 Scout Investments Inc.. Company insiders that have sold Plexus company stock in the last year include Angelo Michael Ninivaggi Jr, Dean A Foate, Michael V Schrock, Patrick John Jermain, Peter Kelly, Ralf R Boer, Ronnie Darroch, Scott Theune, Stephen P Cortinovis and Todd P Kelsey. View Insider Buying and Selling for Plexus.

PLXS stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue and Envestnet Asset Management 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, Robinhood, Fidelity and Charles Schwab.

One share of PLXS stock can currently be purchased for approximately $64.38.

Plexus has a market capitalization of $1.89 billion and generates $2.87 billion in revenue each year. The technology company earns $13.04 million in net income (profit) each year or $3.23 on an earnings per share basis. Plexus employs 18,000 workers across the globe.View Additional Information About Plexus.

The official website for Plexus is http://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]