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. Shareholders of record on Friday, May 18th will be given a dividend of $0.15 per share on Friday, June 8th. This represents a $0.60 annualized dividend and a dividend yield of 0.79%. The ex-dividend date is Thursday, May 17th. View Plantronics' Dividend History.

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

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

Plantronics is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for Plantronics.

Plantronics issued an update on its first quarter earnings guidance on Tuesday, May, 1st. The company provided earnings per share (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 brokers have issued 12 month price targets for Plantronics' shares. Their predictions range from $60.00 to $60.00. On average, they expect Plantronics' share price to reach $60.00 in the next year. View Analyst Ratings for Plantronics.

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

News headlines about PLT stock have trended positive recently, according to Accern Sentiment. The research firm identifies negative and positive press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Plantronics earned a coverage optimism score of 0.41 on Accern's scale. They also assigned media coverage about the technology company an impact score of 47.43 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Plantronics' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.98%), Disciplined Growth Investors Inc. MN (5.66%), Nuveen Asset Management LLC (2.72%), Ceredex Value Advisors LLC (2.62%), Dimensional Fund Advisors LP (2.60%) and Northern Trust Corp (1.86%). 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 JPMorgan Chase & Co., UBS Group AG, Nuveen Asset Management LLC, Sei Investments Co., Wedge Capital Management L L P NC, Disciplined Growth Investors Inc. MN, Wells Fargo & Company MN and Principal Financial Group Inc.. 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 acquired by a variety of institutional investors in the last quarter, including Ceredex Value Advisors LLC, BlackRock Inc., Lord Abbett & CO. LLC, Mackay Shields LLC, 12th Street Asset Management Company LLC, Prudential Financial Inc., Russell Investments Group Ltd. and Engineers Gate Manager LP. 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 $76.06.

Plantronics has a market capitalization of $3.73 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]