NYSE:PLT - Plantronics Stock Price, News, & Analysis

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$38.31 -1.48 (-3.72 %)
(As of 12/10/2018 03:26 PM ET)
Previous Close$39.79
Today's Range$37.76 - $39.80
52-Week Range$39.28 - $82.28
Volume39,661 shs
Average Volume1.06 million shs
Market Capitalization$1.58 billion
P/E Ratio14.13
Dividend Yield1.51%
Beta1.04
Plantronics, Inc. designs, manufactures, and markets lightweight communications headsets, telephone headset systems, other communication endpoints, and accessories for the business and consumer markets under the Plantronics brand worldwide. The company's enterprise products include headsets optimized for unified communications and collaboration, other corded and cordless communication headsets, audio processors, and telephone systems; and consumer products comprise Bluetooth and corded products for mobile device applications, personal computers, and gaming headsets. It provides audio solutions for enterprise and remote working offices, contact centers, computer and gaming, residential, and other applications, as well as mobile devices comprising mobile phones, smartphones, and tablets. The company offers its products to approximately 80 countries through a network of distributors, retailers, resellers, wireless carriers, original equipment manufacturers, and telephony and other service providers. Plantronics, Inc. was founded in 1961 and is headquartered in Santa Cruz, California.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Telephone & telegraph apparatus
Sub-IndustryCommunications Equipment
SectorComputer and Technology
Current SymbolNYSE:PLT
Previous Symbol
CUSIP72749310
Phone831-426-5858

Debt

Debt-to-Equity Ratio2.18
Current Ratio1.57
Quick Ratio1.29

Price-To-Earnings

Trailing P/E Ratio14.13
Forward P/E Ratio20.49
P/E GrowthN/A

Sales & Book Value

Annual Sales$856.90 million
Price / Sales1.78
Cash Flow$3.2577 per share
Price / Cash Flow11.76
Book Value$10.61 per share
Price / Book3.61

Profitability

EPS (Most Recent Fiscal Year)$2.71
Net Income$-860,000.00
Net Margins-9.75%
Return on Equity20.46%
Return on Assets5.75%

Miscellaneous

Employees4,003
Outstanding Shares39,800,000
Market Cap$1.58 billion
OptionableOptionable

Plantronics (NYSE:PLT) Frequently Asked Questions

What is Plantronics' stock symbol?

Plantronics trades on the New York Stock Exchange (NYSE) under the ticker symbol "PLT."

How often does Plantronics pay dividends? What is the dividend yield for Plantronics?

Plantronics declared a quarterly dividend on Tuesday, November 6th. Stockholders of record on Tuesday, November 20th will be given a dividend of $0.15 per share on Monday, December 10th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date is Monday, November 19th. View Plantronics' Dividend History.

How will Plantronics' stock buyback program work?

Plantronics announced that its Board of Directors has initiated a share repurchase program on Thursday, November 29th 2018, which permits the company to buyback 1,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company's leadership believes its shares are undervalued.

How were Plantronics' earnings last quarter?

Plantronics Inc (NYSE:PLT) issued its earnings results on Tuesday, November, 6th. The technology company reported ($0.16) earnings per share for the quarter, missing analysts' consensus estimates of $0.89 by $1.05. The technology company had revenue of $483.07 million for the quarter, compared to analyst estimates of $506.32 million. Plantronics had a negative net margin of 9.75% and a positive return on equity of 20.46%. The firm's revenue was up 129.7% compared to the same quarter last year. During the same period last year, the firm posted $0.59 earnings per share. View Plantronics' Earnings History.

When is Plantronics' next earnings date?

Plantronics is scheduled to release their next quarterly earnings announcement on Tuesday, January 29th 2019. View Earnings Estimates for Plantronics.

What guidance has Plantronics issued on next quarter's earnings?

Plantronics issued an update on its third quarter earnings guidance on Tuesday, November, 6th. The company provided earnings per share (EPS) guidance of $0.53-0.78 for the period, compared to the Thomson Reuters consensus estimate of $1.18. The company issued revenue guidance of $481-511 million, compared to the consensus revenue estimate of $520.74 million.Plantronics also updated its Q3 2019 guidance to $0.53-0.78 EPS.

What price target have analysts set for PLT?

3 Wall Street analysts have issued twelve-month price objectives for Plantronics' shares. Their predictions range from $60.00 to $60.00. On average, they anticipate Plantronics' stock price to reach $60.00 in the next twelve months. This suggests a possible upside of 56.2% from the stock's current price. View Analyst Price Targets for Plantronics.

What is the consensus analysts' recommendation for Plantronics?

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

Has Plantronics been receiving favorable news coverage?

News articles about PLT stock have trended very positive on Monday, InfoTrie reports. The research group identifies negative and positive press coverage by analyzing 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. Plantronics earned a coverage optimism score of 3.9 on InfoTrie's scale. They also gave news headlines about the technology company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days.

Who are some of Plantronics' key competitors?

Who are Plantronics' key executives?

Plantronics' management team includes the folowing people:
  • Mr. Joseph B. Burton, Pres, CEO & Director (Age 53)
  • Ms. Pamela J. Strayer, Exec. VP & CFO (Age 50)
  • Ms. Mary Huser, Exec. VP and Chief Legal & Compliance Officer (Age 54)
  • Mr. Jeff Loebbaka, Exec. VP of Global Sales (Age 56)
  • Mr. Shantanu Sarkar, Exec. VP of Headset Bus. Unit (Age 49)

Who are Plantronics' major shareholders?

Plantronics' stock is owned by many different of retail and institutional investors. Top institutional investors include Primecap Management Co. CA (11.27%), BlackRock Inc. (10.04%), Vanguard Group Inc. (8.49%), Disciplined Growth Investors Inc. MN (4.78%), Renaissance Technologies LLC (3.18%) and Dimensional Fund Advisors LP (2.19%). Company insiders that own Plantronics stock include Brian S Dexheimer, Greggory C Hammann, Jeff Loebbaka, John Hart, Joseph B Burton, Maria Martinez, Marshall Mohr, Marvin Tseu, Pamela J Strayer, Robert C Hagerty, S Kenneth Kannappan and Shantanu Sarkar. View Institutional Ownership Trends for Plantronics.

Which institutional investors are selling Plantronics stock?

PLT stock was sold by a variety of institutional investors in the last quarter, including Ceredex Value Advisors LLC, Primecap Management Co. CA, Wedge Capital Management L L P NC, Comerica Bank, Foundry Partners LLC, Fort Washington Investment Advisors Inc. OH, JPMorgan Chase & Co. and JPMorgan Chase & Co.. Company insiders that have sold Plantronics company stock in the last year include Brian S Dexheimer, Greggory C Hammann, Jeff Loebbaka, Joseph B Burton, Marshall Mohr, Pamela J Strayer and Shantanu Sarkar. View Insider Buying and Selling for Plantronics.

Which institutional investors are buying Plantronics stock?

PLT stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, BlackRock Inc., AQR Capital Management LLC, Marshall Wace LLP, MERIAN GLOBAL INVESTORS UK Ltd, Vanguard Group Inc., Deutsche Bank AG and Macquarie Group Ltd.. View Insider Buying and Selling for Plantronics.

How do I buy shares of Plantronics?

Shares of PLT 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.

What is Plantronics' stock price today?

One share of PLT stock can currently be purchased for approximately $38.42.

How big of a company is Plantronics?

Plantronics has a market capitalization of $1.58 billion and generates $856.90 million in revenue each year. The technology company earns $-860,000.00 in net income (profit) each year or $2.71 on an earnings per share basis. Plantronics employs 4,003 workers across the globe.

What is Plantronics' official website?

The official website for Plantronics is http://www.plantronics.com.

How can I contact Plantronics?

Plantronics' mailing address is 345 ENCINAL STREET, SANTA CRUZ CA, 95060. The technology company can be reached via phone at 831-426-5858 or via email at [email protected]


MarketBeat Community Rating for Plantronics (NYSE PLT)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  232 (Vote Outperform)
Underperform Votes:  256 (Vote Underperform)
Total Votes:  488
MarketBeat's community ratings are surveys of what our community members think about Plantronics and other stocks. Vote "Outperform" if you believe PLT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PLT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/10/2018 by MarketBeat.com Staff

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