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NYSE:PLT - Plantronics Stock Price, Forecast & News

$24.07
+1.15 (+5.02 %)
(As of 12/12/2019 03:02 AM ET)
Today's Range
$23.31
Now: $24.07
$24.55
50-Day Range
$22.88
MA: $29.25
$40.97
52-Week Range
$22.80
Now: $24.07
$53.92
Volume1.62 million shs
Average Volume514,133 shs
Market Capitalization$960.78 million
P/E Ratio6.02
Dividend Yield2.62%
Beta1.4
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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.67 billion
Cash Flow$9.19 per share
Book Value$18.28 per share

Profitability

Net Income$-135,560,000.00

Miscellaneous

Employees7,490
Market Cap$960.78 million
Next Earnings Date2/4/2020 (Estimated)
OptionableOptionable

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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 5th. Stockholders of record on Wednesday, November 20th will be paid a dividend of $0.15 per share on Tuesday, December 10th. This represents a $0.60 annualized dividend and a dividend yield of 2.49%. The ex-dividend date is Tuesday, November 19th. View Plantronics' Dividend History.

How will Plantronics' stock buyback program work?

Plantronics declared that its Board of Directors has initiated a stock repurchase program on Thursday, November 29th 2018, which allows the company to buyback 1,000,000 shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company's management believes its shares are undervalued.

How were Plantronics' earnings last quarter?

Plantronics Inc (NYSE:PLT) posted its earnings results on Tuesday, November, 5th. The technology company reported $1.24 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.18. The technology company earned $461.71 million during the quarter, compared to analysts' expectations of $478.38 million. Plantronics had a negative net margin of 7.13% and a positive return on equity of 24.27%. The company's quarterly revenue was down 4.4% on a year-over-year basis. During the same quarter last year, the business earned $1.51 EPS. View Plantronics' Earnings History.

When is Plantronics' next earnings date?

Plantronics is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for Plantronics.

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

Plantronics issued an update on its FY 2020 Pre-Market earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of $$2.94-3.74 for the period, compared to the Thomson Reuters consensus EPS estimate of $$3.16. The company issued revenue guidance of $$1.76-1.84 billion, compared to the consensus revenue estimate of $$1.77 billion.

What price target have analysts set for PLT?

6 brokerages have issued 1 year price objectives for Plantronics' stock. Their forecasts range from $33.00 to $83.00. On average, they expect Plantronics' share price to reach $53.33 in the next year. This suggests a possible upside of 121.6% from the stock's current price. View Analyst Price Targets for Plantronics.

What is the consensus analysts' recommendation for Plantronics?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Plantronics in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Plantronics.

Has Plantronics been receiving favorable news coverage?

Media stories about PLT stock have trended negative recently, InfoTrie reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Plantronics earned a news sentiment score of -3.0 on InfoTrie's scale. They also assigned media headlines about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Plantronics.

Are investors shorting Plantronics?

Plantronics saw a increase in short interest in the month of November. As of November 29th, there was short interest totalling 3,230,000 shares, an increase of 7.0% from the November 14th total of 3,020,000 shares. Based on an average trading volume of 624,100 shares, the short-interest ratio is currently 5.2 days. Approximately 9.8% of the shares of the stock are sold short. View Plantronics' Current Options Chain.

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 Estee Lauder Companies (EL), Micron Technology (MU), Broadcom (AVGO), QUALCOMM (QCOM), Alibaba Group (BABA), Ford Motor (F), Macy's (M), New Residential Investment (NRZ), Oracle (ORCL) and AT&T (T).

Who are Plantronics' key executives?

Plantronics' management team includes the folowing 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)

Who are Plantronics' major shareholders?

Plantronics' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Disciplined Growth Investors Inc. MN (5.31%), State Street Corp (2.76%), Russell Investments Group Ltd. (1.79%), Lapides Asset Management LLC (0.75%), Skyline Asset Management LP (0.43%) and Peregrine Capital Management LLC (0.39%). Company insiders that own Plantronics stock include Brian S Dexheimer, Charles D Boynton, Greggory C Hammann, Guido Jouret, Jeff Loebbaka, Joseph B Burton, Marshall Mohr, Marvin Tseu, Pamela J Strayer 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 Envestnet Asset Management Inc., State Street Corp, Peregrine Capital Management LLC, Nisa Investment Advisors LLC, Barclays PLC, New York State Teachers Retirement System, Keeley Teton Advisors LLC and Comerica Bank. Company insiders that have sold Plantronics company stock in the last year include Jeff Loebbaka, Joseph B Burton and Marvin Tseu. 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 Russell Investments Group Ltd., Lapides Asset Management LLC, Disciplined Growth Investors Inc. MN, Profit Investment Management LLC, Point72 Asset Management L.P., California Public Employees Retirement System, Fox Run Management L.L.C. and Teton Advisors Inc.. Company insiders that have bought Plantronics stock in the last two years include Brian S Dexheimer, Charles D Boynton and Guido Jouret. 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, Robinhood, Fidelity and Charles Schwab.

What is Plantronics' stock price today?

One share of PLT stock can currently be purchased for approximately $24.07.

How big of a company is Plantronics?

Plantronics has a market capitalization of $960.78 million and generates $1.67 billion in revenue each year. The technology company earns $-135,560,000.00 in net income (profit) each year or $4.00 on an earnings per share basis. Plantronics employs 7,490 workers across the globe.View Additional Information About Plantronics.

What is Plantronics' official website?

The official website for Plantronics is http://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]


MarketBeat Community Rating for Plantronics (NYSE PLT)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  305 (Vote Outperform)
Underperform Votes:  329 (Vote Underperform)
Total Votes:  634
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 12/12/2019 by MarketBeat.com Staff

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