Plexus (PLXS) Stock Price, News & Analysis

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Plexus in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PLXS shares.
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3 brokerages have issued 12 month target prices for Plexus' stock. Their PLXS share price targets range from $107.00 to $112.00. On average, they predict the company's share price to reach $109.67 in the next year. This suggests a possible upside of 17.7% from the stock's current price.
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Plexus' stock was trading at $108.13 on January 1st, 2024. Since then, PLXS stock has decreased by 13.8% and is now trading at $93.18.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
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Plexus will be holding an earnings conference call on Thursday, April 25th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Plexus Corp. (NASDAQ:PLXS) issued its quarterly earnings results on Thursday, January, 25th. The technology company reported $1.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.05 by $0.01. The technology company had revenue of $982.61 million for the quarter, compared to analysts' expectations of $982.57 million. Plexus had a trailing twelve-month return on equity of 12.16% and a net margin of 3.08%. The firm's revenue for the quarter was down 10.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.49 EPS.

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), Syntax Stratified SmallCap ETF (SSLY), iShares S&P Small-Cap 600 Growth ETF (IJT) and SPDR S&P 600 Small Cap ETF (SLY).Inspire Small/Mid Cap ETF (ISMD).

Plexus issued an update on its second quarter 2024 earnings guidance on Thursday, January, 25th. The company provided EPS guidance of 0.480-0.630 for the period, compared to the consensus EPS estimate of 1.130. The company issued revenue guidance of $930.0 million-$970.0 million, 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 institutional and retail investors. Top institutional investors include Profit Investment Management LLC (0.17%), Bridge City Capital LLC (0.08%), Congress Asset Management Co. MA (0.06%) and AlphaMark Advisors LLC (0.01%). 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 and Todd P Kelsey.
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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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