NYSE:PLT - Plantronics Stock Price, News & Analysis

$28.15
-0.50 (-1.75 %)
(As of 08/25/2019 04:00 PM ET)
Today's Range
$26.70
Now: $28.15
$28.70
50-Day Range
$26.13
MA: $33.79
$38.99
52-Week Range
$26.09
Now: $28.15
$68.71
Volume642,101 shs
Average Volume569,240 shs
Market Capitalization$1.11 billion
P/E Ratio7.04
Dividend Yield2.09%
Beta1.44
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. Read More…

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$8.9650 per share
Book Value$16.92 per share

Profitability

Net Income$-135,560,000.00

Miscellaneous

Employees7,490
Market Cap$1.11 billion
Next Earnings Date11/5/2019 (Estimated)
OptionableOptionable

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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, August 6th. Investors of record on Tuesday, August 20th will be paid a dividend of $0.15 per share on Tuesday, September 10th. This represents a $0.60 annualized dividend and a yield of 2.13%. The ex-dividend date is Monday, August 19th. View Plantronics' Dividend History.

How will Plantronics' stock buyback program work?

Plantronics announced that its Board of Directors has authorized a stock buyback program on Thursday, November 29th 2018, which allows the company to buyback 1,000,000 shares, according to EventVestor. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Stock buyback programs are often a sign that the company's leadership believes its stock is undervalued.

How were Plantronics' earnings last quarter?

Plantronics Inc (NYSE:PLT) released its quarterly earnings data on Tuesday, August, 6th. The technology company reported $1.06 EPS for the quarter, topping analysts' consensus estimates of $1.03 by $0.03. The technology company had revenue of $447.77 million for the quarter, compared to the consensus estimate of $490.49 million. Plantronics had a positive return on equity of 21.22% and a negative net margin of 10.25%. The business's revenue for the quarter was up 102.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.74 earnings per share. View Plantronics' Earnings History.

When is Plantronics' next earnings date?

Plantronics is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for Plantronics.

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

Plantronics issued an update on its FY20 earnings guidance on Tuesday, August, 6th. The company provided earnings per share guidance of $5.35-6.35 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.80. The company issued revenue guidance of $1.87-1.97 billion, compared to the consensus revenue estimate of $2.06 billion.

What price target have analysts set for PLT?

4 Wall Street analysts have issued 12 month target prices for Plantronics' shares. Their predictions range from $50.00 to $85.00. On average, they anticipate Plantronics' share price to reach $69.75 in the next year. This suggests a possible upside of 147.8% from the stock's current price. View Analyst Price Targets for Plantronics.

What is the consensus analysts' recommendation for Plantronics?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Plantronics in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Plantronics.

Has Plantronics been receiving favorable news coverage?

Headlines about PLT stock have been trending positive this week, according to InfoTrie. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Plantronics earned a coverage optimism score of 2.5 on InfoTrie's scale. They also gave press coverage about the technology company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the company's share price in the next few days. View News Stories for Plantronics.

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 Estee Lauder Companies (EL), Micron Technology (MU), Broadcom (AVGO), Bed Bath & Beyond (BBBY), Celgene (CELG), Intercept Pharmaceuticals (ICPT), Lululemon Athletica (LULU), NVIDIA (NVDA), QUALCOMM (QCOM) and Alibaba Group (BABA).

Who are Plantronics' key executives?

Plantronics' management team includes the folowing 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)

Who are Plantronics' major shareholders?

Plantronics' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.89%), Vanguard Group Inc. (8.24%), Nuveen Asset Management LLC (2.63%), Deprince Race & Zollo Inc. (2.14%), Northern Trust Corp (1.60%) and Bank of New York Mellon Corp (1.21%). Company insiders that own Plantronics stock include Brian S Dexheimer, Charles D Boynton, Greggory C Hammann, Guido Jouret, Jeff Loebbaka, John Hart, Joseph B Burton, Maria Martinez, Marshall Mohr, Marvin Tseu, Pamela J Strayer and Shantanu Sarkar. View Institutional Ownership Trends for Plantronics.

Which major investors are selling Plantronics stock?

PLT stock was sold by a variety of institutional investors in the last quarter, including Foundry Partners LLC, Wells Fargo & Company MN, Panagora Asset Management Inc., Price T Rowe Associates Inc. MD, Isthmus Partners LLC, 1492 Capital Management LLC, Balyasny Asset Management LLC and RMB Capital Management LLC. Company insiders that have sold Plantronics company stock in the last year include Jeff Loebbaka, Joseph B Burton, Marvin Tseu and Shantanu Sarkar. View Insider Buying and Selling for Plantronics.

Which major investors are buying Plantronics stock?

PLT stock was bought by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., Morgan Stanley, Ontario Teachers Pension Plan Board, Keeley Teton Advisors LLC, Vanguard Group Inc., Charles Schwab Investment Management Inc., 12th Street Asset Management Company LLC and Cubist Systematic Strategies LLC. Company insiders that have bought Plantronics stock in the last two years include Brian S Dexheimer, Charles D Boynton and Guido Jouret. 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 $28.15.

How big of a company is Plantronics?

Plantronics has a market capitalization of $1.11 billion 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.View Additional Information About Plantronics.

What is Plantronics' official website?

The official website for Plantronics is http://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]


MarketBeat Community Rating for Plantronics (NYSE PLT)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  285 (Vote Outperform)
Underperform Votes:  301 (Vote Underperform)
Total Votes:  586
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 8/25/2019 by MarketBeat.com Staff

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