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 initiated a share repurchase 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 usually an indication that the company's leadership believes its shares are undervalued.

Plexus Corp. (NASDAQ:PLXS) released its earnings results on Wednesday, July, 18th. The technology company reported $0.79 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.82 by $0.03. The technology company had revenue of $726.39 million for the quarter, compared to analysts' expectations of $721.08 million. Plexus had a negative net margin of 1.19% and a positive return on equity of 10.96%. Plexus's revenue was up 17.4% compared to the same quarter last year. During the same period last year, the business earned $0.74 earnings per share. View Plexus' Earnings History.

Plexus is scheduled to release their next quarterly earnings announcement on Wednesday, October, 24th 2018. View Earnings Estimates for Plexus.

Plexus issued an update on its fourth quarter earnings guidance on Wednesday, July, 18th. The company provided EPS guidance of $0.82-0.92 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.90. The company issued revenue guidance of $735-775 million, compared to the consensus revenue estimate of $736.52 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' stock price to reach $60.75 in the next year. This suggests that the stock has a possible downside of 0.8%. View Analyst Ratings for Plexus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Plexus in the last year. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."

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 headlines about PLXS stock have been trending somewhat negative on Thursday, Accern Sentiment reports. The research firm identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Plexus earned a news impact score of -0.02 on Accern's scale. They also assigned news headlines about the technology company an impact score of 44.75 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Plexus' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Fisher Asset Management LLC (2.19%) and Bank of Montreal Can (0.03%). 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 Fisher Asset Management 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, 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 Bank of Montreal Can. 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 $61.22.

Plexus has a market capitalization of $2.05 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]