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

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$47.43 -3.93 (-7.65 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$47.43
Today's Range$46.9160 - $51.10
52-Week Range$30.90 - $82.28
Volume592,287 shs
Average Volume386,081 shs
Market Capitalization$1.87 billion
P/E Ratio17.50
Dividend Yield1.17%
Beta1.5
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.

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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$3.1266 per share
Book Value$10.61 per share

Profitability

Net Income$-860,000.00

Miscellaneous

Employees4,003
Market Cap$1.87 billion
Next Earnings Date5/7/2019 (Estimated)
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 1.27%. The ex-dividend date is Tuesday, February 19th. View Plantronics' Dividend History.

How will Plantronics' stock buyback program work?

Plantronics declared that its board has approved a stock buyback plan on Thursday, November 29th 2018, which authorizes the company to repurchase 1,000,000 shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company's board of directors believes its stock is undervalued.

How were Plantronics' earnings last quarter?

Plantronics Inc (NYSE:PLT) released its quarterly earnings data on Tuesday, February, 5th. The technology company reported $1.12 EPS for the quarter, topping 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 in the previous 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.

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

Plantronics issued an update on 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 price target have analysts set for PLT?

2 brokerages have issued 1-year price objectives for Plantronics' stock. Their forecasts range from $85.00 to $85.00. On average, they expect Plantronics' share price to reach $85.00 in the next twelve months. This suggests a possible upside of 79.2% 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?

Media stories about PLT stock have been trending somewhat positive on Saturday, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media 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 positive five, with scores closest to five being the most favorable. Plantronics earned a daily sentiment score of 0.6 on InfoTrie's scale. They also assigned news coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days.

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), Constellation Brands (STZ), QUALCOMM (QCOM), Alibaba Group (BABA), Fiat Chrysler Automobiles (FCAU), Energy Transfer LP Unit (ET), Celgene (CELG) and Oracle (ORCL).

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 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%), Dimensional Fund Advisors LP (2.35%) and Norges Bank (1.99%). 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 Prudential Financial Inc., SG Americas Securities LLC, D. E. Shaw & Co. Inc., Geode Capital Management LLC, Geode Capital Management LLC, Bank of America Corp DE, Two Sigma Advisers LP and Suntrust Banks Inc.. 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, 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 Norges Bank, Deprince Race & Zollo Inc., Two Sigma Investments LP, BlackRock Inc., Fort Washington Investment Advisors Inc. OH, Nuveen Asset Management LLC, Macquarie Group Ltd. and Dimensional Fund Advisors LP. 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 $47.43.

How big of a company is Plantronics?

Plantronics has a market capitalization of $1.87 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:  250 (Vote Outperform)
Underperform Votes:  274 (Vote Underperform)
Total Votes:  524
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 3/23/2019 by MarketBeat.com Staff

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