NYSE:PLT - Plantronics Stock Price, Price Target & More

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

Plantronics declared a quarterly dividend on Tuesday, May 1st. Stockholders of record on Friday, May 18th will be paid a dividend of $0.15 per share on Friday, June 8th. This represents a $0.60 annualized dividend and a dividend yield of 0.82%. The ex-dividend date is Thursday, May 17th. View Plantronics' Dividend History.

Plantronics declared that its board has approved a share repurchase program on Friday, July 28th 2017, which authorizes the company to buyback 1,000,000 shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company's leadership believes its stock is undervalued.

Plantronics Inc (NYSE:PLT) announced its earnings results on Tuesday, May, 1st. The technology company reported $1.05 EPS for the quarter, beating the consensus estimate of $0.80 by $0.25. The technology company earned $216.10 million during the quarter, compared to analysts' expectations of $208.49 million. Plantronics had a positive return on equity of 24.88% and a negative net margin of 0.10%. The company's revenue was up 3.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.81 earnings per share. View Plantronics' Earnings History.

Plantronics is scheduled to release their next quarterly earnings announcement on Tuesday, August, 7th 2018. View Earnings Estimates for Plantronics.

Plantronics updated its first quarter earnings guidance on Tuesday, May, 1st. The company provided EPS guidance of $0.66-$0.78 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.80. The company issued revenue guidance of $205-$215 million, compared to the consensus revenue estimate of $209.99 million.

4 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 year. This suggests that the stock has a possible downside of 18.1%. View Analyst Ratings for Plantronics.

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

Some companies that are related to Plantronics include Ciena (CIEN), NetGear (NTGR), Avaya (AVYA), Telkom SA Ltd ADS Common Stock (TLKGY), Fabrinet (FN), Infinera (INFN), ADTRAN (ADTN), AudioCodes (AUDC), Akoustis Technologies (AKTS), DASAN Zhone Solutions (DZSI), Clearfield (CLFD), Zoom Telephonics (ZMTP), Westell Technologies (WSTL), Communications Systems (JCS) and Clearone (CLRO).

Headlines about PLT stock have been trending somewhat positive on Friday, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Plantronics earned a media sentiment score of 0.24 on Accern's scale. They also gave news stories about the technology company an impact score of 47.11 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Plantronics' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Foundry Partners LLC (0.35%), Dorsey Wright & Associates (0.05%), Municipal Employees Retirement System of Michigan (0.02%), Amalgamated Bank (0.01%), First Citizens Bank & Trust Co. (0.01%) and Hartford Investment Management Co. (0.01%). 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.

PLT stock was sold by a variety of institutional investors in the last quarter, including Foundry Partners LLC, Municipal Employees Retirement System of Michigan, First Citizens Bank & Trust Co. and Ledyard National Bank. Company insiders that have sold Plantronics company stock in the last year include Brian S Dexheimer, Greggory C Hammann, John Hart, Joseph B Burton, Maria Martinez, Marshall Mohr, Pamela J Strayer and Shantanu Sarkar. View Insider Buying and Selling for Plantronics.

PLT stock was purchased by a variety of institutional investors in the last quarter, including Dorsey Wright & Associates, Hartford Investment Management Co. and Amalgamated Bank. View Insider Buying and Selling for 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.

One share of PLT stock can currently be purchased for approximately $73.25.

Plantronics has a market capitalization of $3.75 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.

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]