Plantronics (PLT) Stock Price, News & Analysis

Plantronics, Inc. (NYSE:PLT) issued its earnings results on Thursday, May, 13th. The technology company reported $1.23 earnings per share for the quarter, topping analysts' consensus estimates of $0.93 by $0.30. The technology company earned $478 million during the quarter, compared to analyst estimates of $454.93 million. Plantronics had a negative net margin of 3.32% and a negative trailing twelve-month return on equity of 107.89%. The company's quarterly revenue was up 16.9% on a year-over-year basis. During the same quarter last year, the business earned $0.30 earnings per share.

Plantronics (NYSE:PLT) pays an annual dividend of $0.60 per share and currently has a dividend yield of 2.12%. The dividend payout ratio is 18.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PLT will have a dividend payout ratio of 20.98% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PLT.

15 employees have rated Plantronics Chief Executive Officer Dave Shull on Glassdoor.com. Dave Shull has an approval rating of 38% among the company's employees. This puts Dave Shull in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Plantronics investors own include NVIDIA (NVDA), Alibaba Group (BABA), Walt Disney (DIS), PayPal (PYPL), AT&T (T), Carnival Co. & (CCL), Gilead Sciences (GILD), Lululemon Athletica (LULU), Verizon Communications (VZ) and Advanced Micro Devices (AMD).