Log in

NYSE:PLTPlantronics Stock Price, Forecast & News

$18.75
-0.20 (-1.06 %)
(As of 08/13/2020 04:00 PM ET)
Add
Compare
Today's Range
$18.45
Now: $18.75
$19.28
50-Day Range
$13.59
MA: $17.09
$21.89
52-Week Range
$4.60
Now: $18.75
$42.44
Volume344,100 shs
Average Volume1.17 million shs
Market Capitalization$763.95 million
P/E RatioN/A
Dividend YieldN/A
Beta2.16
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: 0.9Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.04 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.70 billion
Cash Flow$24.35 per share
Book Value($2.07) per share

Profitability

Net Income$-827,180,000.00

Miscellaneous

Employees6,584
Market Cap$763.95 million
Next Earnings Date11/3/2020 (Estimated)
OptionableOptionable
$18.75
-0.20 (-1.06 %)
(As of 08/13/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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.

speech bubbles
speech bubbles











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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PLT stock has increased by 87.5% and is now trading at $18.75.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Plantronics?

5 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 1 buy rating 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, November 3rd 2020.
View our earnings forecast for Plantronics
.

How were Plantronics' earnings last quarter?

Plantronics Inc (NYSE:PLT) issued its quarterly earnings results on Tuesday, July, 28th. The technology company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.34) by $0.67. The technology company had revenue of $365 million for the quarter, compared to the consensus estimate of $353.03 million. Plantronics had a negative net margin of 52.48% and a positive return on equity of 17.30%. The company's revenue was down 18.5% on a year-over-year basis. During the same period last year, the company earned $1.32 EPS.
View Plantronics' earnings history
.

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

Plantronics announced a quarterly dividend on Tuesday, February 4th. Shareholders of record on Thursday, February 20th will be paid a dividend of $0.15 per share on Tuesday, March 10th. This represents a $0.60 dividend on an annualized basis and a yield of 3.20%. The ex-dividend date of this dividend 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 buyback plan on Thursday, November 29th 2018, which authorizes the company to repurchase 1,000,000 shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company's management believes its shares are undervalued.

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

Plantronics issued an update on its second quarter earnings guidance on Tuesday, July, 28th. The company provided EPS guidance of $0.25-$0.65 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.41. The company issued revenue guidance of $346-$386 million, compared to the consensus revenue estimate of $395.23 million.

What price target have analysts set for PLT?

5 Wall Street analysts have issued 12-month price targets for Plantronics' stock. Their forecasts range from $10.00 to $22.00. On average, they expect Plantronics' share price to reach $15.75 in the next year. This suggests that the stock has a possible downside of 16.0%.
View analysts' price targets for Plantronics
.

Has Plantronics been receiving favorable news coverage?

News articles about PLT stock have been trending positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Plantronics earned a news impact score of 2.7 on InfoTrie's scale. They also assigned media stories about the technology company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future.
View the latest news about Plantronics
.

Are investors shorting Plantronics?

Plantronics saw a increase in short interest in the month of February. As of February 15th, there was short interest totaling 4,990,000 shares, an increase of 40.2% from the January 31st total of 3,560,000 shares. Based on an average daily volume of 1,100,000 shares, the days-to-cover ratio is presently 4.5 days. Currently, 15.2% of the shares of the company are short sold.
View Plantronics' Short Interest
.

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 NVIDIA (NVDA), Paypal (PYPL), Alibaba Group (BABA), Walt Disney (DIS), AT&T (T), Advanced Micro Devices (AMD), Carnival (CCL), Gilead Sciences (GILD), QUALCOMM (QCOM) and Verizon Communications (VZ).

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 many different institutional and retail investors. Top institutional shareholders include Pzena Investment Management LLC (2.12%), Federated Hermes Inc. (2.05%), Macquarie Group Ltd. (1.14%), Bank of New York Mellon Corp (0.90%), Principal Financial Group Inc. (0.61%) and Palisade Capital Management LLC NJ (0.58%). Company insiders that own Plantronics stock include Brian S Dexheimer, Charles D Boynton, 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 Pzena Investment Management LLC, Lapides Asset Management LLC, Goldman Sachs Group Inc., Bank of New York Mellon Corp, Hanson & Doremus Investment Management, Eqis Capital Management Inc., Macquarie Group Ltd., and Teton Advisors Inc.. 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 purchased by a variety of institutional investors in the last quarter, including Federated Hermes Inc., Russell Investments Group Ltd., Rafferty Asset Management LLC, New York State Common Retirement Fund, UBS Group AG, Leap Investments LP, Teza Capital Management LLC, and First Trust Advisors LP. 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 $18.75.

How big of a company is Plantronics?

Plantronics has a market capitalization of $763.95 million and generates $1.70 billion in revenue each year. The technology company earns $-827,180,000.00 in net income (profit) each year or $1.99 on an earnings per share basis. Plantronics employs 6,584 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 8/14/2020 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.