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NYSE:PLT

Plantronics Stock Forecast, Price & News

$12.27
+0.72 (+6.23 %)
(As of 09/28/2020 12:00 AM ET)
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Today's Range
$11.75
Now: $12.27
$12.39
50-Day Range
$11.18
MA: $14.13
$19.76
52-Week Range
$4.60
Now: $12.27
$42.44
Volume593,928 shs
Average Volume1.15 million shs
Market Capitalization$499.93 million
P/E RatioN/A
Dividend YieldN/A
Beta1.93
Plantronics, Inc. designs, manufactures, and markets integrated communications and collaborations solutions for consumers and businesses worldwide. The company offers its communications and collaboration solutions for voice, video, and content sharing, as well as a line of support and services for the workplace under the Polycom brand. Its principal product categories include enterprise headsets, which includes headsets optimized for unified communications and collaboration, other corded and cordless communication headsets, and audio processors and telephone systems; consumer headsets, which includes Bluetooth and corded products for mobile device applications, personal computer, and gaming; voice, video, and content sharing solutions that include products designed to work with a range of unified communication, unified communication as a service, and video as a service environments, including RealPresence collaboration solutions of infrastructure to endpoints that allows people to connect and collaborate worldwide; and support services, including hardware devices, professional, hosted, and managed services. The company sells its products through a sales team, as well as through a network of distributors and channel partners, including value-added resellers, integrators, direct marketing resellers, service providers, resellers, and retailers. Plantronics, Inc. was founded in 1961 and is headquartered in Santa Cruz, California.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.1Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.48 out of 5 stars


Industry, Sector and Symbol

Industry Telephone & telegraph apparatus
Sub-IndustryCommunications Equipment
CUSIP72749310
Phone831-426-5858

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.70 billion
Cash Flow$25.04 per share
Book Value($2.07) per share

Profitability

Net Income$-827,180,000.00

Miscellaneous

Employees6,584
Market Cap$499.93 million
Next Earnings Date11/3/2020 (Estimated)
OptionableOptionable
$12.27
+0.72 (+6.23 %)
(As of 09/28/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Plantronics (NYSE:PLT) Frequently Asked Questions

How has Plantronics' stock been impacted by Coronavirus (COVID-19)?

Plantronics' stock was trading at $10.00 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PLT shares have increased by 22.7% and is now trading at $12.27.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Plantronics?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Plantronics in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Plantronics
.

When is Plantronics' next earnings date?

Plantronics is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
View our earnings forecast for Plantronics
.

How were Plantronics' earnings last quarter?

Plantronics Inc (NYSE:PLT) released its quarterly earnings data on Tuesday, July, 28th. The technology company reported $0.33 earnings per share for the quarter, topping analysts' consensus estimates of ($0.34) by $0.67. The technology company had revenue of $365 million for the quarter, compared to the consensus estimate of $353.03 million. Plantronics had a negative net margin of 52.48% and a positive return on equity of 17.30%. The firm's quarterly revenue was down 18.5% on a year-over-year basis. During the same period in the prior year, the business earned $1.32 EPS.
View Plantronics' earnings history
.

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

Plantronics declared a quarterly dividend on Tuesday, February 4th. Investors of record on Thursday, February 20th will be given a dividend of $0.15 per share on Tuesday, March 10th. This represents a $0.60 annualized dividend and a yield of 4.89%. The ex-dividend date is Wednesday, February 19th.
View Plantronics' dividend history
.

How will Plantronics' stock buyback program work?

Plantronics announced that its board has approved a share buyback plan 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 repurchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's board of directors believes its stock is undervalued.

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

Plantronics updated its second quarter earnings guidance on Tuesday, July, 28th. The company provided earnings per share (EPS) guidance of $0.25-$0.65 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.41. The company issued revenue guidance of $346-$386 million, compared to the consensus revenue estimate of $395.23 million.

What price target have analysts set for PLT?

5 brokers have issued 12-month price objectives for Plantronics' shares. Their forecasts range from $10.00 to $22.00. On average, they expect Plantronics' stock price to reach $17.50 in the next twelve months. This suggests a possible upside of 42.6% from the stock's current price.
View analysts' price targets for Plantronics
.

Are investors shorting Plantronics?

Plantronics saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 5,550,000 shares, an increase of 15.6% from the August 15th total of 4,800,000 shares. Based on an average daily trading volume, of 1,050,000 shares, the days-to-cover ratio is presently 5.3 days. Approximately 15.1% of the company's shares are sold short.
View Plantronics' Short Interest
.

Who are some of Plantronics' key competitors?

What other stocks do shareholders of Plantronics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Plantronics investors own include NVIDIA (NVDA), Alibaba Group (BABA), Walt Disney (DIS), Paypal (PYPL), AT&T (T), Carnival (CCL), Gilead Sciences (GILD), Verizon Communications (VZ), Advanced Micro Devices (AMD) and Energy Transfer LP Unit (ET).

Who are Plantronics' key executives?

Plantronics' management team includes the following people:
  • Mr. Joseph B. Burton, Pres, CEO & Director (Age 54)
  • Ms. Mary Huser, Exec. VP and Chief Legal & Compliance Officer (Age 55)
  • Ms. Pamela J. Strayer, Exec. VP & CFO (Age 51)
  • Mr. Jeff Loebbaka, Exec. VP of Global Sales (Age 57)
  • Mr. Shantanu Sarkar, Exec. VP & GM of Personal Systems Bus. (Age 50)

What is Plantronics' stock symbol?

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

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, Robinhood, Fidelity, and Charles Schwab.

What is Plantronics' stock price today?

One share of PLT stock can currently be purchased for approximately $12.27.

How big of a company is Plantronics?

Plantronics has a market capitalization of $499.93 million and generates $1.70 billion in revenue each year. The technology company earns $-827,180,000.00 in net income (profit) each year or $1.99 on an earnings per share basis. Plantronics employs 6,584 workers across the globe.

What is Plantronics' official website?

The official website for Plantronics is www.poly.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]

This page was last updated on 9/29/2020 by MarketBeat.com Staff

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