Plantronics, 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's enterprise products include headsets optimized for unified communications and collaboration, other corded and cordless communication headsets, audio processors, and telephone systems; and consumer products comprise Bluetooth and corded products for mobile device applications, personal computers, and gaming headsets. It provides audio solutions for enterprise and remote working offices, contact centers, computer and gaming, residential, and other applications, as well as mobile devices comprising mobile phones, smartphones, and tablets. The company offers its products to approximately 80 countries through a network of distributors, retailers, resellers, wireless carriers, original equipment manufacturers, and telephony and other service providers. It has strategic alliance agreement with eMite. Plantronics, Inc. was founded in 1961 and is headquartered in Santa Cruz, California.
Industry, Sector and Symbol
Industry Telephone & telegraph apparatus
Sub-IndustryCommunications Equipment
SectorComputer and Technology
Phone831-426-5858
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$856.90 million
Profitability
Miscellaneous
Employees4,003
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. Investors 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 annualized dividend and a yield of 1.21%. 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 approved a share buyback plan on Thursday, November 29th 2018, which allows the company to repurchase 1,000,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company's board of directors believes its stock is undervalued.
How were Plantronics' earnings last quarter?
Plantronics Inc (NYSE:PLT) announced its quarterly earnings data on Tuesday, February, 5th. The technology company reported $1.12 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.42 by $0.70. The technology company earned $530.60 million during the quarter, compared to the consensus estimate of $507.87 million. Plantronics had a positive return on equity of 20.15% and a negative net margin of 7.32%. The firm's revenue for the quarter was up 134.3% compared to the same quarter last year. During the same period last year, the company earned $1.02 EPS. View Plantronics' Earnings History.
When is Plantronics' next earnings date?
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 (EPS) guidance of $1.00-$1.30 for the period, compared to the Thomson Reuters consensus earnings per share 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 is the consensus analysts' recommendation for Plantronics?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Plantronics in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Plantronics.
Has Plantronics been receiving favorable news coverage?
Media coverage about PLT stock has been trending neutral on Saturday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Plantronics earned a news sentiment score of 0.2 on InfoTrie's scale. They also gave media stories about the technology company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future.
Who are some of Plantronics' key competitors?
Some companies that are related to Plantronics include Ciena (CIEN), Telkom SA Ltd ADS (TLKGY), Fabrinet (FN), Avaya (AVYA), NetGear (NTGR), Infinera (INFN), ADTRAN (ADTN), AudioCodes (AUDC), DASAN Zhone Solutions (DZSI), Akoustis Technologies (AKTS), Clearfield (CLFD), Westell Technologies (WSTL), Franklin Wireless (FKWL), Communications Systems (JCS) and AltiGen Communications (ATGN).
Who are Plantronics' key executives?
Plantronics' management team includes the folowing people:
- Mr. Joseph B. Burton, Pres, CEO & Director (Age 54)
- Ms. Pamela J. Strayer, Exec. VP & CFO (Age 51)
- Ms. Mary Huser, Exec. VP and Chief Legal & Compliance Officer (Age 55)
- Mr. Jeff Loebbaka, Exec. VP of Global Sales (Age 57)
- Mr. Shantanu Sarkar, Exec. VP of Headset Bus. Unit (Age 50)
Who are Plantronics' major shareholders?
Plantronics' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.51%), Lord Abbett & CO. LLC (2.86%), Nuveen Asset Management LLC (2.42%), Dimensional Fund Advisors LP (2.35%), Macquarie Group Ltd. (1.82%) and Northern Trust Corp (1.59%). Company insiders that own Plantronics stock include Brian S Dexheimer, Greggory C Hammann, 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 Prudential Financial Inc., SG Americas Securities LLC, D. E. Shaw & Co. Inc., Geode Capital Management LLC, Bank of America Corp DE, Two Sigma Advisers LP, Suntrust Banks Inc. and Bank of New York Mellon Corp. Company insiders that have sold Plantronics company stock in the last year include Brian S Dexheimer, Greggory C Hammann, Jeff Loebbaka, Joseph B Burton, 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 acquired by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., Two Sigma Investments LP, BlackRock Inc., Fort Washington Investment Advisors Inc. OH, Nuveen Asset Management LLC, Macquarie Group Ltd., Dimensional Fund Advisors LP and Squarepoint Ops LLC. 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 $49.62.
How big of a company is Plantronics?
Plantronics has a market capitalization of $1.96 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?
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)
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.
