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

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

Plexus declared that its Board of Directors has initiated a share buyback program 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 reacquire shares of its stock through open market purchases. Stock repurchase programs are often 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 EPS for the quarter, beating the consensus estimate of $0.87 by $0.09. The technology company had revenue of $771.18 million for 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 company's revenue for the quarter was up 15.1% on a year-over-year basis. During the same quarter in the prior 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, January 16th 2019. View Earnings Estimates for Plexus.

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

3 equities research analysts have issued 1 year price objectives for Plexus' shares. Their forecasts range from $70.00 to $70.00. On average, they anticipate Plexus' share price to reach $70.00 in the next year. This suggests a possible upside of 23.2% from the stock's current price. View Analyst Price Targets for Plexus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Plexus in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Plexus.

News stories about PLXS stock have trended somewhat positive this week, InfoTrie reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Plexus earned a media sentiment score of 1.9 on InfoTrie's scale. They also gave headlines about the technology company a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an effect on the stock's share price in the near future.

Some companies that are related to Plexus include Flex (FLEX), Jabil (JBL), Sanmina (SANM), Celestica (CLS), TTM Technologies (TTMI), Benchmark Electronics (BHE), CTS (CTS), Kimball Electronics (KE), Park Electrochemical (PKE), 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 institutional and retail investors. Top institutional investors include BlackRock Inc. (14.28%), Vanguard Group Inc. (10.70%), Disciplined Growth Investors Inc. MN (9.22%), Dimensional Fund Advisors LP (8.48%), Franklin Resources Inc. (3.54%) and FMR LLC (2.81%). 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 Franklin Resources Inc., Renaissance Technologies LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., Victory Capital Management Inc., Dimensional Fund Advisors LP, Vident Investment Advisory LLC and AQR Capital 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, 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.

PLXS stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Disciplined Growth Investors Inc. MN, Massachusetts Financial Services Co. MA, Vanguard Group Inc., Thrivent Financial for Lutherans, Hodges Capital Management Inc., Russell Investments Group Ltd. and Paloma Partners Management Co. 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 $56.84.

Plexus has a market capitalization of $1.79 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]