NYSE:PLT - Plantronics Stock Price, Price Target & More

Plantronics trades on the New York Stock Exchange (NYSE) under the ticker symbol "PLT."

Plantronics announced a quarterly dividend on Tuesday, May 1st. Investors of record on Friday, May 18th will be given a dividend of $0.15 per share on Friday, June 8th. This represents a $0.60 dividend on an annualized basis and a yield of 0.82%. The ex-dividend date of this dividend is Thursday, May 17th. View Plantronics' Dividend History.

Plantronics declared that its board has approved a share repurchase program on Friday, July 28th 2017, which authorizes the company to repurchase 1,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company's management believes its stock is undervalued.

Plantronics Inc (NYSE:PLT) issued its quarterly earnings data on Tuesday, May, 1st. The technology company reported $1.05 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.80 by $0.25. The technology company earned $216.10 million during the quarter, compared to analysts' expectations of $208.49 million. Plantronics had a positive return on equity of 24.88% and a negative net margin of 0.10%. The company's revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.81 earnings per share. View Plantronics' Earnings History.

Plantronics is scheduled to release their next quarterly earnings announcement on Tuesday, August, 7th 2018. View Earnings Estimates for Plantronics.

Plantronics issued an update on its first quarter earnings guidance on Tuesday, May, 1st. The company provided EPS guidance of $0.66-$0.78 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.80. The company issued revenue guidance of $205-$215 million, compared to the consensus revenue estimate of $209.99 million.

4 brokerages have issued 1-year price objectives for Plantronics' shares. Their predictions range from $60.00 to $60.00. On average, they anticipate Plantronics' stock price to reach $60.00 in the next twelve months. This suggests that the stock has a possible downside of 17.8%. View Analyst Ratings for Plantronics.

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

Some companies that are related to Plantronics include Ciena (CIEN), NetGear (NTGR), Avaya (AVYA), Telkom SA Ltd ADS Common Stock (TLKGY), Fabrinet (FN), Infinera (INFN), ADTRAN (ADTN), AudioCodes (AUDC), Akoustis Technologies (AKTS), DASAN Zhone Solutions (DZSI), Clearfield (CLFD), Zoom Telephonics (ZMTP), Westell Technologies (WSTL), Communications Systems (JCS) and Clearone (CLRO).

News articles about PLT stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Plantronics earned a media sentiment score of 0.21 on Accern's scale. They also assigned media stories about the technology company an impact score of 45.98 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Plantronics' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Foundry Partners LLC (0.35%), Whittier Trust Co. (0.09%), Dorsey Wright & Associates (0.05%), Municipal Employees Retirement System of Michigan (0.02%), Amalgamated Bank (0.01%) and First Citizens Bank & Trust Co. (0.01%). Company insiders that own Plantronics stock include Brian S Dexheimer, Greggory C Hammann, John Hart, Joseph B Burton, Maria Martinez, Marshall Mohr, Marvin Tseu, Pamela J Strayer, Robert C Hagerty, S Kenneth Kannappan and Shantanu Sarkar. View Institutional Ownership Trends for Plantronics.

PLT stock was sold by a variety of institutional investors in the last quarter, including Foundry Partners LLC, Municipal Employees Retirement System of Michigan, First Citizens Bank & Trust Co. and Ledyard National Bank. Company insiders that have sold Plantronics company stock in the last year include Brian S Dexheimer, Greggory C Hammann, John Hart, Joseph B Burton, Maria Martinez, Marshall Mohr, Pamela J Strayer and Shantanu Sarkar. View Insider Buying and Selling for Plantronics.

PLT stock was acquired by a variety of institutional investors in the last quarter, including Dorsey Wright & Associates, Whittier Trust Co., Hartford Investment Management Co., Creative Planning and Amalgamated Bank. View Insider Buying and Selling for 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.

One share of PLT stock can currently be purchased for approximately $72.97.

Plantronics has a market capitalization of $3.75 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.

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]