Plexus (PLXS) Stock Price, News & Analysis

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Plexus in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PLXS shares.
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4 Wall Street analysts have issued 1-year target prices for Plexus' stock. Their PLXS share price targets range from $95.00 to $114.00. On average, they anticipate the company's share price to reach $107.75 in the next year. This suggests that the stock has a possible downside of 1.0%.
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Plexus' stock was trading at $108.13 on January 1st, 2024. Since then, PLXS shares have increased by 0.7% and is now trading at $108.88.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
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Plexus Corp. (NASDAQ:PLXS) released its quarterly earnings results on Wednesday, April, 24th. The technology company reported $0.94 earnings per share for the quarter, beating analysts' consensus estimates of $0.87 by $0.07. The technology company earned $966.90 million during the quarter, compared to analysts' expectations of $950.75 million. Plexus had a trailing twelve-month return on equity of 10.77% and a net margin of 2.54%. The firm's revenue was down 9.7% on a year-over-year basis. During the same quarter last year, the company posted $1.45 earnings per share.

ETFs with the largest weight of Plexus (NASDAQ:PLXS) stock in their portfolio include Invesco S&P SmallCap Information Technology ETF (PSCT), Janus Henderson Small Cap Growth Alpha ETF (JSML), Invesco S&P SmallCap Low Volatility ETF (XSLV), Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD), Syntax Stratified SmallCap ETF (SSLY), First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) and SPDR S&P 600 Small Cap ETF (SLY).Inspire Small/Mid Cap ETF (ISMD).

Plexus updated its third quarter 2024 earnings guidance on Wednesday, April, 24th. The company provided earnings per share (EPS) guidance of 1.220-1.370 for the period, compared to the consensus estimate of 1.090. The company issued revenue guidance of $960.0 million-$1.0 billion, compared to the consensus revenue estimate of $1.0 billion.

80 employees have rated Plexus Chief Executive Officer Todd Kelsey on Glassdoor.com. Todd Kelsey has an approval rating of 77% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Plexus investors own include Bristol-Myers Squibb (BMY), Pfizer (PFE), Walgreens Boots Alliance (WBA), Berry Global Group (BERY), Cisco Systems (CSCO), Intel (INTC), QUALCOMM (QCOM), Teledyne FLIR (FLIR), First Solar (FSLR) and Gilead Sciences (GILD).

Plexus' stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (12.74%), BNP PARIBAS ASSET MANAGEMENT Holding S.A. (3.59%), Earnest Partners LLC (2.79%), Silvercrest Asset Management Group LLC (2.39%), Westfield Capital Management Co. LP (1.39%) and Principal Financial Group Inc. (0.55%). Insiders that own company stock include Angelo Michael Ninivaggi Jr, J Joel Quadracci, Michael J Running, Patrick John Jermain, Ronnie Darroch, Scott Theune, Steven J Frisch, Todd P Kelsey and Victor (Pang Hau) Tan.
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Shares of PLXS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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