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

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$52.26 -0.53 (-1.00 %)
(As of 04/24/2019 04:00 PM ET)
Previous Close$52.79
Today's Range$51.98 - $53.22
52-Week Range$30.90 - $82.28
Volume179,100 shs
Average Volume440,819 shs
Market Capitalization$2.06 billion
P/E Ratio19.34
Dividend Yield1.14%
Beta1.49
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.

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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$856.90 million
Cash Flow$3.3760 per share
Book Value$10.61 per share

Profitability

Net Income$-860,000.00

Miscellaneous

Employees4,003
Market Cap$2.06 billion
Next Earnings Date5/7/2019 (Confirmed)
OptionableOptionable

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, February 5th. Shareholders of record on Wednesday, February 20th will be paid a dividend of $0.15 per share on Friday, March 8th. This represents a $0.60 dividend on an annualized basis and a yield of 1.15%. The ex-dividend date is Tuesday, February 19th. View Plantronics' Dividend History.

How will Plantronics' stock buyback program work?

Plantronics announced that its board has initiated a stock buyback program on Thursday, November 29th 2018, which allows the company to repurchase 1,000,000 shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board of directors believes its shares are undervalued.

How were Plantronics' earnings last quarter?

Plantronics Inc (NYSE:PLT) posted its quarterly earnings results on Tuesday, February, 5th. The technology company reported $1.12 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.42 by $0.70. The technology company had revenue of $530.60 million for the quarter, compared to the consensus estimate of $507.87 million. Plantronics had a negative net margin of 7.32% and a positive return on equity of 20.15%. The firm's quarterly revenue was up 134.3% compared to the same quarter last year. During the same period last year, the business earned $1.02 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 7th 2019. View Earnings Estimates for Plantronics.

How can I listen to Plantronics' earnings call?

Plantronics will be holding an earnings conference call on Tuesday, May 7th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8883018736.

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

Plantronics updated its fourth quarter earnings guidance on Tuesday, February, 5th. The company provided earnings per share guidance of $1.00-$1.30 for the period, compared to the Thomson Reuters consensus estimate of $1.34. The company issued revenue guidance of $475-$505 million, compared to the consensus revenue estimate of $498.42 million.Plantronics also updated its Q4 2019 guidance to $1.00-1.30 EPS.

What price target have analysts set for PLT?

2 equities research analysts have issued twelve-month price objectives for Plantronics' stock. Their forecasts range from $85.00 to $85.00. On average, they anticipate Plantronics' share price to reach $85.00 in the next twelve months. This suggests a possible upside of 62.6% from the stock's current price. View Analyst Price Targets for Plantronics.

What is the consensus analysts' recommendation for Plantronics?

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

Has Plantronics been receiving favorable news coverage?

News headlines about PLT stock have trended positive on Wednesday, InfoTrie Sentiment reports. The research group ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Plantronics earned a coverage optimism score of 2.5 on InfoTrie's scale. They also assigned media headlines about the technology company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future.

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 Micron Technology (MU), Estee Lauder Companies (EL), NVIDIA (NVDA), QUALCOMM (QCOM), Alibaba Group (BABA), Constellation Brands (STZ), Broadcom (AVGO), Celgene (CELG), Ctrip.Com International (CTRP) and Lululemon Athletica (LULU).

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 variety of of institutional and retail investors. Top institutional investors include Deprince Race & Zollo Inc. (1.17%), Peregrine Capital Management LLC (0.45%), Foundry Partners LLC (0.38%), Skyline Asset Management LP (0.37%), Isthmus Partners LLC (0.14%) and Trellus Management Company LLC (0.08%). Company insiders that own Plantronics stock include Brian S Dexheimer, 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 institutional investors are selling Plantronics stock?

PLT stock was sold by a variety of institutional investors in the last quarter, including Eqis Capital Management Inc.. Company insiders that have sold Plantronics company stock in the last year include Greggory C Hammann, Jeff Loebbaka, Joseph B Burton, Marshall Mohr, Marvin Tseu, Pamela J Strayer and Shantanu Sarkar. View Insider Buying and Selling for Plantronics.

Which institutional investors are buying Plantronics stock?

PLT stock was purchased by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Skyline Asset Management LP, Isthmus Partners LLC, Redmond Asset Management LLC, Deprince Race & Zollo Inc., Trellus Management Company LLC, Nisa Investment Advisors LLC and Meeder Asset Management Inc.. Company insiders that have bought Plantronics stock in the last two years include Brian S Dexheimer 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 $52.26.

How big of a company is Plantronics?

Plantronics has a market capitalization of $2.06 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.

What is Plantronics' official website?

The official website for Plantronics is http://www.plantronics.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:  251 (Vote Outperform)
Underperform Votes:  280 (Vote Underperform)
Total Votes:  531
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 4/24/2019 by MarketBeat.com Staff

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