NASDAQ:PLXS - Plexus Stock Price, News, & Analysis

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

Plexus announced that its Board of Directors has approved a stock buyback plan on Wednesday, February 21st 2018, which permits the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company's board believes its shares are undervalued.

Plexus Corp. (NASDAQ:PLXS) issued its quarterly earnings data on Wednesday, October, 24th. The technology company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.09. The technology company earned $771.18 million during the quarter, compared to analyst estimates of $760.98 million. Plexus had a net margin of 0.45% and a return on equity of 11.98%. The firm's revenue for the quarter was up 15.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.84 EPS. View Plexus' Earnings History.

Plexus is scheduled to release their next quarterly earnings announcement on Wednesday, January 16th 2019. View Earnings Estimates for Plexus.

Plexus will be holding an earnings conference call on Thursday, January 17th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8007732954.

Plexus issued an update on its first quarter earnings guidance on Wednesday, October, 24th. The company provided earnings per share guidance of $0.85-0.95 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.88. The company issued revenue guidance of $750-790 million, compared to the consensus revenue estimate of $758.93 million.

2 analysts have issued 1 year price targets for Plexus' shares. Their predictions range from $70.00 to $70.00. On average, they expect Plexus' share price to reach $70.00 in the next twelve months. This suggests a possible upside of 30.4% 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 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Plexus.

Media stories about PLXS stock have trended positive recently, according to InfoTrie. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Plexus earned a news sentiment score of 2.8 on InfoTrie's scale. They also gave news coverage about the technology company a news buzz of 7.0 out of 10, indicating that recent media coverage is likely to have an effect on the stock's share price in the near term.

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

Plexus' stock is owned by a number of of retail and institutional investors. Top institutional investors include Scout Investments Inc. (0.11%) and Louisiana State Employees Retirement System (0.04%). 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 Louisiana State Employees Retirement System and Scout Investments Inc.. Company insiders that have sold Plexus company stock in the last year include Angelo Michael Ninivaggi Jr, David J Drury, Dean A Foate, Patrick John Jermain, Ralf R Boer, Ronnie Darroch, Stephen P Cortinovis, Steven J Frisch and Todd P Kelsey. 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 $53.69.

Plexus has a market capitalization of $1.69 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.

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]