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.
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Industry, Sector and Symbol
Industry Telephone & telegraph apparatus
Sub-IndustryCommunications Equipment
SectorComputer and Technology
Phone831-426-5858
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.67 billion
Profitability
Miscellaneous
Employees7,490
Next Earnings Date11/5/2019 (Estimated)
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 announced a quarterly dividend on Tuesday, August 6th. Shareholders of record on Tuesday, August 20th will be paid a dividend of $0.15 per share on Tuesday, September 10th. This represents a $0.60 annualized dividend and a yield of 2.13%. The ex-dividend date is Monday, August 19th. View Plantronics' Dividend History.
How will Plantronics' stock buyback program work?
Plantronics announced that its Board of Directors has initiated a share repurchase plan on Thursday, November 29th 2018, which permits the company to repurchase 1,000,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's leadership believes its shares are undervalued.
How were Plantronics' earnings last quarter?
Plantronics Inc (NYSE:PLT) announced its earnings results on Tuesday, August, 6th. The technology company reported $1.06 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.03 by $0.03. The technology company had revenue of $447.77 million for the quarter, compared to analysts' expectations of $490.49 million. Plantronics had a negative net margin of 10.25% and a positive return on equity of 21.22%. The business's revenue was up 102.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.74 EPS. View Plantronics' Earnings History.
When is Plantronics' next earnings date?
What guidance has Plantronics issued on next quarter's earnings?
Plantronics updated its FY20 earnings guidance on Tuesday, August, 6th. The company provided EPS guidance of $5.35-6.35 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.80. The company issued revenue guidance of $1.87-1.97 billion, compared to the consensus revenue estimate of $2.06 billion.
What price target have analysts set for PLT?
4 equities research analysts have issued 1-year price objectives for Plantronics' shares. Their forecasts range from $50.00 to $85.00. On average, they anticipate Plantronics' stock price to reach $69.75 in the next twelve months. This suggests a possible upside of 147.8% from the stock's current price. View Analyst Price Targets for Plantronics.
What is the consensus analysts' recommendation for Plantronics?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Plantronics in the last year. There are currently 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 been trending positive on Sunday, according to InfoTrie. The research group ranks the sentiment of press coverage by monitoring 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 nearest to five being the most favorable. Plantronics earned a coverage optimism score of 2.5 on InfoTrie's scale. They also gave headlines about the technology company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the near future. View News Stories for Plantronics.
Who are some of Plantronics' key competitors?
Some companies that are related to Plantronics include Telkom SA Ltd ADS (TLKGY), Fabrinet (FN), Avaya (AVYA), NetGear (NTGR), Infinera (INFN), AudioCodes (AUDC), ADTRAN (ADTN), DASAN Zhone Solutions (DZSI), Akoustis Technologies (AKTS), Sonim Technologies (SONM), Clearfield (CLFD), Communications Systems (JCS), Clearone (CLRO), Franklin Wireless (FKWL) and AltiGen Communications (ATGN).
What other stocks do shareholders of Plantronics own?
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 retail and institutional investors. Top institutional investors include BlackRock Inc. (9.89%), Vanguard Group Inc. (8.24%), Nuveen Asset Management LLC (2.63%), Deprince Race & Zollo Inc. (2.14%), Northern Trust Corp (1.60%) and Bank of New York Mellon Corp (1.21%). Company insiders that own Plantronics stock include Brian S Dexheimer, Charles D Boynton, Greggory C Hammann, Guido Jouret, Jeff Loebbaka, John Hart, Joseph B Burton, Maria Martinez, 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 Foundry Partners LLC, Wells Fargo & Company MN, Panagora Asset Management Inc., Price T Rowe Associates Inc. MD, Isthmus Partners LLC, 1492 Capital Management LLC, Balyasny Asset Management LLC and RMB Capital Management LLC. Company insiders that have sold Plantronics company stock in the last year include Jeff Loebbaka, Joseph B Burton, Marvin Tseu and Shantanu Sarkar. View Insider Buying and Selling for Plantronics.
Which institutional investors are buying Plantronics stock?
PLT stock was acquired by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., Morgan Stanley, Ontario Teachers Pension Plan Board, Keeley Teton Advisors LLC, Vanguard Group Inc., Charles Schwab Investment Management Inc., 12th Street Asset Management Company LLC and Cubist Systematic Strategies LLC. 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, Scottrade, Fidelity and Charles Schwab.
What is Plantronics' stock price today?
One share of PLT stock can currently be purchased for approximately $28.15.
How big of a company is Plantronics?
Plantronics has a market capitalization of $1.11 billion 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?
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)
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.
