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NYSE:PLT - Plantronics Stock Price, Forecast & News

$14.68
+0.29 (+2.02 %)
(As of 02/24/2020 04:02 AM ET)
Today's Range
$13.96
Now: $14.68
$14.82
50-Day Range
$13.82
MA: $25.03
$33.16
52-Week Range
$13.33
Now: $14.68
$53.92
Volume1.44 million shs
Average Volume1.60 million shs
Market Capitalization$586.17 million
P/E RatioN/A
Dividend Yield4.17%
Beta1.36
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$9.29 per share
Book Value$14.73 per share

Profitability

Net Income$-135,560,000.00

Miscellaneous

Employees7,490
Market Cap$586.17 million
Next Earnings Date5/5/2020 (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 announced a quarterly dividend on Tuesday, February 4th. Stockholders 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 annualized dividend and a dividend yield of 4.09%. The ex-dividend date of this dividend is Wednesday, February 19th. View Plantronics' Dividend History.

How will Plantronics' stock buyback program work?

Plantronics declared that its Board of Directors has approved a share buyback program on Thursday, November 29th 2018, which allows the company to buyback 1,000,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company's board believes its stock is undervalued.

How were Plantronics' earnings last quarter?

Plantronics Inc (NYSE:PLT) released its quarterly earnings data on Tuesday, February, 4th. The technology company reported $0.30 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.14 by $0.16. The technology company earned $392 million during the quarter, compared to analyst estimates of $399.15 million. Plantronics had a positive return on equity of 19.10% and a negative net margin of 9.69%. The business's revenue for the quarter was down 26.2% on a year-over-year basis. During the same period last year, the firm posted $1.36 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, May 5th 2020. View Earnings Estimates for Plantronics.

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

Plantronics updated its fourth quarter earnings guidance on Tuesday, February, 4th. The company provided earnings per share (EPS) guidance of $0.01-0.31 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.55. The company issued revenue guidance of $390-430 million, compared to the consensus revenue estimate of $438.40 million.

What price target have analysts set for PLT?

6 brokers have issued twelve-month target prices for Plantronics' shares. Their forecasts range from $21.00 to $83.00. On average, they anticipate Plantronics' stock price to reach $47.17 in the next twelve months. This suggests a possible upside of 221.3% from the stock's current price. View Analyst Price Targets for Plantronics.

What is the consensus analysts' recommendation for Plantronics?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Plantronics in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Plantronics.

Has Plantronics been receiving favorable news coverage?

Media headlines about PLT stock have been trending positive this week, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Plantronics earned a media sentiment score of 3.0 on InfoTrie's scale. They also assigned headlines about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Plantronics.

Are investors shorting Plantronics?

Plantronics saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 3,700,000 shares, an increase of 10.4% from the January 15th total of 3,350,000 shares. Based on an average trading volume of 860,800 shares, the short-interest ratio is presently 4.3 days. Currently, 11.2% of the shares of the company are sold short. 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 General Motors (GM), Estee Lauder Companies (EL), AT&T (T), Gilead Sciences (GILD), Micron Technology (MU), AbbVie (ABBV), Alibaba Group (BABA), Energy Transfer LP Unit (ET), Ford Motor (F) and Harley-Davidson (HOG).

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 many different of retail and institutional investors. Top institutional shareholders include Russell Investments Group Ltd. (3.48%), State Street Corp (2.77%), Principal Financial Group Inc. (1.33%), Schroder Investment Management Group (1.28%), Bank of New York Mellon Corp (1.14%) and Charles Schwab Investment Management Inc. (1.12%). Company insiders that own Plantronics stock include Brian S Dexheimer, Charles D Boynton, Greggory C Hammann, Guido Jouret, Jeff Loebbaka, Joseph B Burton, 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 Goldman Sachs Group Inc., Bank of America Corp DE, Keeley Teton Advisors LLC, Principal Financial Group Inc., American International Group Inc., Alliancebernstein L.P., Thrivent Financial for Lutherans and Bank of New York Mellon Corp. Company insiders that have sold Plantronics company stock in the last year include Jeff Loebbaka and Joseph B Burton. 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 Russell Investments Group Ltd., FMR LLC, Schroder Investment Management Group, Lapides Asset Management LLC, Hotchkis & Wiley Capital Management LLC, Public Sector Pension Investment Board, Boston Partners and First Trust Advisors LP. 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, Robinhood, Fidelity and Charles Schwab.

What is Plantronics' stock price today?

One share of PLT stock can currently be purchased for approximately $14.68.

How big of a company is Plantronics?

Plantronics has a market capitalization of $586.17 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.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:  327 (Vote Outperform)
Underperform Votes:  350 (Vote Underperform)
Total Votes:  677
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 2/24/2020 by MarketBeat.com Staff

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