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

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$53.70 -0.19 (-0.35 %)
(As of 11/14/2018 04:10 AM ET)
Previous Close$53.89
Today's Range$52.12 - $54.98
52-Week Range$49.79 - $82.28
Volume1.31 million shs
Average Volume290,864 shs
Market Capitalization$2.30 billion
P/E Ratio19.82
Dividend Yield1.04%
Beta1.09
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 Ratio19.82
Forward P/E Ratio15.70
P/E GrowthN/A

Sales & Book Value

Annual Sales$856.90 million
Price / Sales2.49
Cash Flow$3.1440 per share
Price / Cash17.08
Book Value$10.61 per share
Price / Book5.06

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$2.30 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 paid a dividend of $0.15 per share on Monday, December 10th. This represents a $0.60 annualized dividend and a dividend yield of 1.12%. The ex-dividend date of this dividend is Monday, November 19th. View Plantronics' Dividend History.

How will Plantronics' stock buyback program work?

Plantronics declared that its board has initiated a stock buyback plan on Friday, July 28th 2017, which allows the company to buyback 1,000,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its shares are undervalued.

How were Plantronics' earnings last quarter?

Plantronics Inc (NYSE:PLT) announced its quarterly earnings results on Tuesday, November, 6th. The technology company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of $0.89 by $1.05. The technology company earned $483.07 million during the quarter, compared to the consensus estimate of $506.32 million. Plantronics had a positive return on equity of 20.46% and a negative net margin of 9.75%. The company's revenue was up 129.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.59 EPS. 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 updated its third quarter earnings guidance on Tuesday, November, 6th. The company provided EPS guidance of $0.53-0.78 for the period, compared to the Thomson Reuters consensus EPS 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 brokerages have issued twelve-month price targets for Plantronics' shares. Their predictions range from $60.00 to $60.00. On average, they anticipate Plantronics' share price to reach $60.00 in the next twelve months. This suggests a possible upside of 11.7% 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 stories about PLT stock have been trending neutral on Wednesday, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Plantronics earned a media sentiment score of 0.3 on InfoTrie's scale. They also gave news stories about the technology company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next several 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 a number of of retail and institutional investors. Top institutional shareholders include Primecap Management Co. CA (11.27%), BlackRock Inc. (10.04%), Renaissance Technologies LLC (3.18%), Dimensional Fund Advisors LP (2.19%), Prudential Financial Inc. (1.66%) and Bank of New York Mellon Corp (1.20%). Company insiders that own Plantronics stock include Brian S Dexheimer, Greggory C Hammann, 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 major 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, John Hart, Joseph B Burton, Marshall Mohr, Pamela J Strayer and Shantanu Sarkar. View Insider Buying and Selling for Plantronics.

Which major 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., MERIAN GLOBAL INVESTORS UK Ltd, Prudential Financial Inc., Assenagon Asset Management S.A., Wells Fargo & Company MN, Acadian Asset Management LLC and SG Americas Securities LLC. 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 $53.70.

How big of a company is Plantronics?

Plantronics has a market capitalization of $2.30 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:  223 (Vote Outperform)
Underperform Votes:  248 (Vote Underperform)
Total Votes:  471
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 11/14/2018 by MarketBeat.com Staff

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