Plexus - PLXS Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Plexus in the last year. There are currently 1 sell rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PLXS shares.
View PLXS analyst ratings or view top-rated stocks.

5 Wall Street analysts have issued twelve-month price targets for Plexus' stock. Their PLXS share price forecasts range from $86.00 to $116.00. On average, they expect the company's share price to reach $107.00 in the next twelve months. This suggests a possible upside of 12.4% from the stock's current price.
View analysts price targets for PLXS or view top-rated stocks among Wall Street analysts.

Plexus' stock was trading at $102.93 at the beginning of the year. Since then, PLXS shares have decreased by 7.5% and is now trading at $95.22.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
View our PLXS earnings forecast.

Plexus Corp. (NASDAQ:PLXS) announced its quarterly earnings results on Wednesday, January, 25th. The technology company reported $1.49 EPS for the quarter, topping analysts' consensus estimates of $1.47 by $0.02. The technology company had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.11 billion. Plexus had a net margin of 3.84% and a trailing twelve-month return on equity of 14.45%. Plexus's quarterly revenue was up 33.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.88 EPS.

ETFs with the largest weight of Plexus (NASDAQ:PLXS) stock in their portfolio include Invesco S&P SmallCap Information Technology ETF (PSCT), Invesco S&P SmallCap Momentum ETF (XSMO), SPDR S&P 600 Small Cap Growth ETF (SLYG), iShares S&P Small-Cap 600 Growth ETF (IJT), Vanguard S&P Small-Cap 600 Growth ETF (VIOG), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), Syntax Stratified SmallCap ETF (SSLY) and First Trust Horizon Managed Volatility Small/Mid ETF (HSMV).

Plexus issued an update on its second quarter 2023 earnings guidance on Wednesday, January, 25th. The company provided EPS guidance of $1.06-$1.24 for the period, compared to the consensus EPS estimate of $1.40. The company issued revenue guidance of $1.02 billion-$1.07 billion, compared to the consensus revenue estimate of $1.10 billion.

80 employees have rated Plexus Chief Executive Officer Todd Kelsey on Glassdoor.com. Todd Kelsey has an approval rating of 77% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Plexus investors own include Bristol-Myers Squibb (BMY), Pfizer (PFE), Walgreens Boots Alliance (WBA), Berry Global Group (BERY), Cisco Systems (CSCO), Intel (INTC), QUALCOMM (QCOM), Teledyne FLIR (FLIR), First Solar (FSLR) and Gilead Sciences (GILD).

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

Plexus' stock is owned by many different retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (6.64%), Fiduciary Management Inc. WI (4.10%), Earnest Partners LLC (3.86%), BNP PARIBAS ASSET MANAGEMENT Holding S.A. (3.45%), Victory Capital Management Inc. (2.91%) and Victory Capital Management Inc. (2.91%). Insiders that own company stock include Angelo Michael Ninivaggi Jr, Dean A Foate, J Joel Quadracci, Michael V Schrock, Patrick John Jermain, Ronnie Darroch, Scott Theune, Stephen P Cortinovis, Steven J Frisch, Todd P Kelsey and Yong Jin Lim.
View institutional ownership trends.

Shares of PLXS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of PLXS stock can currently be purchased for approximately $95.22.

Plexus (NASDAQ:PLXS) has a market capitalization of $2.64 billion and generates $3.81 billion in revenue each year. The technology company earns $138.24 million in net income (profit) each year or $5.55 on an earnings per share basis.

The company employs 25,000 workers across the globe.

Plexus' mailing address is One Plexus Way, Neenah WI, 54957. The official website for the company is www.plexus.com. The technology company can be reached via phone at (920) 969-6000, via email at heather.beresford@plexus.com, or via fax at 920-751-5395.