Log in

NYSE:PLTPlantronics Stock Price, Forecast & News

$12.53
-2.08 (-14.24 %)
(As of 05/28/2020 04:00 PM ET)
Add
Compare
Today's Range
$12.40
Now: $12.53
$13.69
50-Day Range
$9.82
MA: $12.87
$14.61
52-Week Range
$4.60
Now: $12.53
$47.46
Volume2.57 million shs
Average Volume1.24 million shs
Market Capitalization$500.30 million
P/E RatioN/A
Dividend Yield4.11%
Beta2.07
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. The company sells its products through a sales team, as well as through a network of distributors and channel partners, including value-added resellers, integrators, direct marketing resellers, service providers, resellers, and retailers. Plantronics, Inc. was founded in 1961 and is headquartered in Santa Cruz, California.
Read More
Plantronics logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.0Community Rank: 2.4Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.00 out of 5 stars


Industry, Sector and Symbol

Industry Telephone & telegraph apparatus
Sub-IndustryCommunications Equipment
SectorComputer and Technology
CUSIP72749310
Phone831-426-5858

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.67 billion
Cash Flow$8.14 per share
Book Value$18.28 per share

Profitability

Net Income$-135,560,000.00

Miscellaneous

Employees7,490
Market Cap$500.30 million
Next Earnings Date8/4/2020 (Estimated)
OptionableOptionable

Receive PLT News and Ratings via Email

Sign-up to receive the latest news and ratings for PLT and its competitors with MarketBeat's FREE daily newsletter.

Plantronics (NYSE:PLT) Frequently Asked Questions

How has Plantronics' stock been impacted by COVID-19 (Coronavirus)?

Plantronics' stock was trading at $10.00 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PLT stock has increased by 25.3% and is now trading at $12.53. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Plantronics?

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

When is Plantronics' next earnings date?

Plantronics is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Plantronics.

How were Plantronics' earnings last quarter?

Plantronics Inc (NYSE:PLT) issued its quarterly earnings data on Wednesday, May, 27th. The technology company reported $0.30 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.11 by $0.19. The technology company had revenue of $409 million for the quarter, compared to analysts' expectations of $384.29 million. Plantronics had a negative net margin of 9.69% and a positive return on equity of 19.10%. The business's revenue was down 16.2% on a year-over-year basis. During the same quarter last year, the business earned $1.44 earnings per share. View Plantronics' earnings history.

How often does Plantronics pay dividends? What is the dividend yield for Plantronics?

Plantronics declared a quarterly dividend on Tuesday, February 4th. Investors of record on Thursday, February 20th will be given a dividend of $0.15 per share on Tuesday, March 10th. This represents a $0.60 annualized dividend and a dividend yield of 4.79%. The ex-dividend date is Wednesday, February 19th. View Plantronics' dividend history.

How will Plantronics' stock buyback program work?

Plantronics announced that its Board of Directors has approved a share repurchase plan on Thursday, November 29th 2018, which authorizes the company to buyback 1,000,000 shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its stock is undervalued.

What guidance has Plantronics issued on next quarter's earnings?

Plantronics updated its first quarter earnings guidance on Wednesday, May, 27th. The company provided earnings per share guidance of ($0.18)-$0.22 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.10. The company issued revenue guidance of $335-$370 million, compared to the consensus revenue estimate of $375.62 million.

What price target have analysts set for PLT?

6 brokerages have issued 1-year price targets for Plantronics' stock. Their forecasts range from $10.00 to $83.00. On average, they anticipate Plantronics' stock price to reach $32.67 in the next twelve months. This suggests a possible upside of 160.7% from the stock's current price. View analysts' price targets for Plantronics.

Has Plantronics been receiving favorable news coverage?

News stories about PLT stock have trended extremely negative recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Plantronics earned a media sentiment score of -4.0 on InfoTrie's scale. They also assigned headlines about the technology company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutPlantronics.

Are investors shorting Plantronics?

Plantronics saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 4,950,000 shares, an increase of 7.4% from the April 15th total of 4,610,000 shares. Based on an average daily trading volume, of 1,480,000 shares, the days-to-cover ratio is presently 3.3 days. Approximately 15.5% of the company's stock are short sold. View Plantronics' Current Options Chain.

Who are some of Plantronics' key competitors?

What other stocks do shareholders of Plantronics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Plantronics investors own include Alibaba Group (BABA), NVIDIA (NVDA), AT&T (T), Walt Disney (DIS), Carnival (CCL), General Motors (GM), QUALCOMM (QCOM), Gilead Sciences (GILD), Netflix (NFLX) and Pfizer (PFE).

Who are Plantronics' key executives?

Plantronics' management team includes the following 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)

What is Plantronics' stock symbol?

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

Who are Plantronics' major shareholders?

Plantronics' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Siris Capital Group LLC (17.79%), Primecap Management Co. CA (14.92%), BlackRock Inc. (12.69%), Disciplined Growth Investors Inc. MN (5.44%), Pzena Investment Management LLC (3.41%) and State Street Corp (2.90%). Company insiders that own Plantronics stock include Brian S Dexheimer, Charles D Boynton, Greggory C Hammann, Guido Jouret, Jeff Loebbaka, Joseph B Burton, Marvin Tseu, Robert C Hagerty 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 Principal Financial Group Inc., Invenomic Capital Management LP, BlackRock Inc., Morgan Stanley, Morgan Stanley, Nisa Investment Advisors LLC, Wells Fargo & Company MN, and First Trust Advisors LP. Company insiders that have sold Plantronics company stock in the last year include Jeff Loebbaka, and Joseph B Burton. View insider buying and selling activity for Plantronics.

Which institutional investors are buying Plantronics stock?

PLT stock was acquired by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, Primecap Management Co. CA, Siris Capital Group LLC, Polygon Management Ltd., Federated Hermes Inc., Squarepoint Ops LLC, Invesco Ltd., and Schroder Investment Management Group. Company insiders that have bought Plantronics stock in the last two years include Brian S Dexheimer, Charles D Boynton, Guido Jouret, and Robert C Hagerty. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Plantronics' stock price today?

One share of PLT stock can currently be purchased for approximately $12.53.

How big of a company is Plantronics?

Plantronics has a market capitalization of $500.30 million 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.

What is Plantronics' official website?

The official website for Plantronics is www.poly.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]

This page was last updated on 5/29/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.