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. It has strategic alliance agreement with eMite. Plantronics, Inc. was founded in 1961 and is headquartered in Santa Cruz, California.
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$856.90 million
Profitability
Miscellaneous
Employees4,003
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. Investors 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 yield of 1.66%. The ex-dividend date is Monday, November 19th. View Plantronics' Dividend History.
How will Plantronics' stock buyback program work?
Plantronics announced that its board has initiated a stock repurchase program on Thursday, November 29th 2018, which permits the company to buyback 1,000,000 shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company's board of directors believes its shares are undervalued.
How were Plantronics' earnings last quarter?
Plantronics Inc (NYSE:PLT) announced its earnings results on Tuesday, November, 6th. The technology company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.89 by $1.05. The technology company had revenue of $483.07 million for the quarter, compared to the consensus estimate of $506.32 million. Plantronics had a negative net margin of 9.75% and a positive return on equity of 20.46%. The business's revenue was up 129.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.59 earnings per share. View Plantronics' Earnings History.
When is Plantronics' next earnings date?
How can I listen to Plantronics' earnings call?
Plantronics will be holding an earnings conference call on Tuesday, February 5th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8883018736.
What guidance has Plantronics issued on next quarter's earnings?
Plantronics issued an update on 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 earnings per share 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?
2 Wall Street analysts have issued 12-month price objectives for Plantronics' shares. Their forecasts 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 66.3% from the stock's current price. View Analyst Price Targets for Plantronics.
What is the consensus analysts' recommendation for Plantronics?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Plantronics in the last year. There are currently 2 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 coverage about PLT stock has been trending neutral this week, according to InfoTrie. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Plantronics earned a news sentiment score of 0.1 on InfoTrie's scale. They also gave news coverage about the technology company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days.
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), ADTRAN (ADTN), AudioCodes (AUDC), DASAN Zhone Solutions (DZSI), Akoustis Technologies (AKTS), Clearfield (CLFD), Westell Technologies (WSTL), Franklin Wireless (FKWL), Zoom Telephonics (ZMTP), Communications Systems (JCS) and AltiGen Communications (ATGN).
Who are Plantronics' key executives?
Plantronics' management team includes the folowing people:
- Mr. Joseph B. Burton, Pres, CEO & Director (Age 54)
- Ms. Pamela J. Strayer, Exec. VP & CFO (Age 51)
- Ms. Mary Huser, Exec. VP and Chief Legal & Compliance Officer (Age 55)
- Mr. Jeff Loebbaka, Exec. VP of Global Sales (Age 57)
- Mr. Shantanu Sarkar, Exec. VP of Headset Bus. Unit (Age 50)
Who are Plantronics' major shareholders?
Plantronics' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Bowling Portfolio Management LLC (0.02%). Company insiders that own Plantronics stock include Brian S Dexheimer, Greggory C Hammann, Jeff Loebbaka, 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 buying Plantronics stock?
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 $36.08.
How big of a company is Plantronics?
Plantronics has a market capitalization of $1.44 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?
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.
