NYSE:PLT - Plantronics Stock Price, News, & Analysis

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$66.75 +0.67 (+1.01 %)
(As of 08/19/2018 11:21 AM ET)
Previous Close$66.75
Today's Range$65.86 - $67.31
52-Week Range$41.28 - $82.28
Volume251,904 shs
Average Volume232,448 shs
Market Capitalization$2.66 billion
P/E Ratio24.63
Dividend Yield0.90%
Beta1.15
Plantronics logoPlantronics, 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 also manufactures and markets specialty telephone products under the Clarity brand. Its primary products include corded and cordless communication headsets; audio processors; telephone systems; Bluetooth and corded products; personal computer and gaming headsets; and specialty products for hearing impaired individuals. The company designs its products for various markets and applications, such as offices and homes, contact centers, mobile phones and smartphones, tablets, computer and gaming, residential, and other specialty applications. Plantronics, Inc. sells its products through a network of distributors, retailers, wireless carriers, original equipment manufacturers, and telephony and other service providers. The company was founded in 1961 and is headquartered in Santa Cruz, California.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Telephone & telegraph apparatus
Sub-IndustryCommunications Equipment
SectorComputer and Technology
SymbolNYSE:PLT
CUSIP72749310
Phone831-426-5858

Debt

Debt-to-Equity Ratio1.32
Current Ratio7.40
Quick Ratio6.86

Price-To-Earnings

Trailing P/E Ratio24.63
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$856.90 million
Price / Sales3.09
Cash Flow$3.3797 per share
Price / Cash19.75
Book Value$10.61 per share
Price / Book6.29

Profitability

EPS (Most Recent Fiscal Year)$2.71
Net Income$-860,000.00
Net Margins-0.60%
Return on Equity25.39%
Return on Assets8.69%

Miscellaneous

Employees4,003
Outstanding Shares39,720,000
Market Cap$2.66 billion

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 announced a quarterly dividend on Tuesday, August 7th. Investors of record on Monday, August 20th will be paid a dividend of $0.15 per share on Monday, September 10th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.90%. The ex-dividend date of this dividend is Friday, August 17th. View Plantronics' Dividend History.

How will Plantronics' stock buyback program work?

Plantronics announced that its board has authorized a share repurchase plan on Friday, July 28th 2017, which allows the company to buyback 1,000,000 shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company's management believes its shares are undervalued.

How were Plantronics' earnings last quarter?

Plantronics Inc (NYSE:PLT) issued its quarterly earnings results on Tuesday, August, 7th. The technology company reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.49 by $0.07. The technology company earned $221.31 million during the quarter, compared to analyst estimates of $207.79 million. Plantronics had a positive return on equity of 25.39% and a negative net margin of 0.60%. View Plantronics' Earnings History.

When is Plantronics' next earnings date?

Plantronics is scheduled to release their next quarterly earnings announcement on Tuesday, October, 30th 2018. View Earnings Estimates for Plantronics.

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

Plantronics updated its second quarter earnings guidance on Tuesday, August, 7th. The company provided EPS guidance of $1.00-1.25 for the period, compared to the Thomson Reuters consensus estimate of $1.09. The company issued revenue guidance of $500-530 million, compared to the consensus revenue estimate of $469.82 million.

What price target have analysts set for PLT?

3 brokerages have issued 12-month price objectives for Plantronics' stock. Their predictions range from $60.00 to $60.00. On average, they expect Plantronics' share price to reach $60.00 in the next year. This suggests that the stock has a possible downside of 10.1%. View Analyst Price Targets for Plantronics.

What is the consensus analysts' recommendation for Plantronics?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Plantronics in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Plantronics.

Are investors shorting Plantronics?

Plantronics saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 1,144,720 shares, an increase of 64.6% from the July 13th total of 695,590 shares. Based on an average daily trading volume, of 409,365 shares, the short-interest ratio is currently 2.8 days. Approximately 3.5% of the shares of the stock are short sold. View Plantronics' Current Options Chain.

Who are some of Plantronics' key competitors?

Who are Plantronics' key executives?

Plantronics' management team includes the folowing people:
  • Mr. Joseph B. Burton, Pres, CEO & Director (Age 53)
  • Ms. Pamela J. Strayer, Sr. VP & CFO (Age 50)
  • Ms. Mary Huser, Sr. VP, Gen. Counsel & Corp. Sec. (Age 54)
  • Mr. Shantanu Sarkar, Sr. VP of Enterprise Bus. Group (Age 49)
  • Mr. Richard R. Pickard, Consultant

Has Plantronics been receiving favorable news coverage?

Media headlines about PLT stock have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern scores the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Plantronics earned a media and rumor sentiment score of 0.22 on Accern's scale. They also assigned media headlines about the technology company an impact score of 48.12 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for Plantronics.

Who are Plantronics' major shareholders?

Plantronics' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.68%), Disciplined Growth Investors Inc. MN (4.66%), Dimensional Fund Advisors LP (1.79%), Renaissance Technologies LLC (1.79%), Bank of New York Mellon Corp (1.00%) and Macquarie Group Ltd. (1.22%). 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.

Which institutional investors are selling Plantronics stock?

PLT stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management, Macquarie Group Ltd., Foundry Partners LLC, BTIM Corp., Bank of New York Mellon Corp, Wedge Capital Management L L P NC, Los Angeles Capital Management & Equity Research Inc. and Bank of America Corp DE. 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.

Which institutional investors are buying Plantronics stock?

PLT stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, BlackRock Inc., EAM Investors LLC, Fort Washington Investment Advisors Inc. OH, Acadian Asset Management LLC, Dorsey Wright & Associates, Millennium Management LLC and Dimensional Fund Advisors LP. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Plantronics' stock price today?

One share of PLT stock can currently be purchased for approximately $66.75.

How big of a company is Plantronics?

Plantronics has a market capitalization of $2.66 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.

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)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  214 (Vote Outperform)
Underperform Votes:  232 (Vote Underperform)
Total Votes:  446
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.
This page was last updated on 8/19/2018 by MarketBeat.com Staff

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