Zacks Research Issues Negative Outlook for Plexus Earnings

Plexus Corp. (NASDAQ:PLXS - Free Report) - Equities research analysts at Zacks Research cut their Q2 2025 earnings per share estimates for Plexus in a research note issued on Wednesday, February 5th. Zacks Research analyst V. Doshi now anticipates that the technology company will post earnings per share of $1.32 for the quarter, down from their previous forecast of $1.37. The consensus estimate for Plexus' current full-year earnings is $5.94 per share. Zacks Research also issued estimates for Plexus' Q3 2025 earnings at $1.49 EPS, Q4 2025 earnings at $1.65 EPS, FY2025 earnings at $5.95 EPS, Q1 2026 earnings at $1.61 EPS, Q2 2026 earnings at $1.55 EPS, Q3 2026 earnings at $1.76 EPS, Q4 2026 earnings at $1.90 EPS, FY2026 earnings at $6.81 EPS, Q1 2027 earnings at $1.82 EPS and FY2027 earnings at $7.70 EPS.

Several other research analysts also recently commented on PLXS. Benchmark reiterated a "buy" rating and issued a $165.00 target price on shares of Plexus in a report on Wednesday, January 22nd. StockNews.com upgraded Plexus from a "hold" rating to a "buy" rating in a research note on Monday, November 18th. Stifel Nicolaus began coverage on Plexus in a research report on Tuesday, February 4th. They set a "hold" rating and a $152.00 price objective for the company. KeyCorp assumed coverage on Plexus in a report on Tuesday, October 22nd. They issued a "sector weight" rating on the stock. Finally, Needham & Company LLC upped their price target on Plexus from $162.00 to $172.00 and gave the stock a "buy" rating in a report on Friday, January 24th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $163.00.

Plexus Stock Performance

Shares of NASDAQ:PLXS traded up $0.48 during trading on Monday, reaching $139.85. The stock had a trading volume of 180,022 shares, compared to its average volume of 181,084. The company has a quick ratio of 0.70, a current ratio of 1.53 and a debt-to-equity ratio of 0.07. The stock has a fifty day simple moving average of $156.97 and a two-hundred day simple moving average of $144.21. The firm has a market capitalization of $3.78 billion, a price-to-earnings ratio of 32.45 and a beta of 0.89. Plexus has a 52 week low of $90.18 and a 52 week high of $172.89.

Plexus (NASDAQ:PLXS - Get Free Report) last issued its quarterly earnings data on Wednesday, January 22nd. The technology company reported $1.49 earnings per share for the quarter, missing analysts' consensus estimates of $1.59 by ($0.10). Plexus had a net margin of 3.03% and a return on equity of 10.36%.

Insider Activity at Plexus

In other Plexus news, insider Michael J. Running sold 539 shares of the business's stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $155.87, for a total value of $84,013.93. Following the sale, the insider now owns 1,030 shares of the company's stock, valued at $160,546.10. The trade was a 34.35 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Frank Zycinski sold 1,200 shares of the firm's stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $140.84, for a total transaction of $169,008.00. Following the transaction, the insider now directly owns 723 shares of the company's stock, valued at $101,827.32. The trade was a 62.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 15,860 shares of company stock worth $2,292,612. Company insiders own 1.76% of the company's stock.

Institutional Trading of Plexus

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PLXS. Pacer Advisors Inc. acquired a new stake in Plexus during the fourth quarter valued at approximately $107,489,000. GSA Capital Partners LLP bought a new position in shares of Plexus during the 3rd quarter worth approximately $899,000. Victory Capital Management Inc. boosted its stake in Plexus by 3.9% in the 3rd quarter. Victory Capital Management Inc. now owns 200,186 shares of the technology company's stock valued at $27,367,000 after buying an additional 7,483 shares in the last quarter. Schaper Benz & Wise Investment Counsel Inc. WI grew its position in Plexus by 62.6% in the third quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 13,346 shares of the technology company's stock valued at $1,825,000 after acquiring an additional 5,138 shares during the period. Finally, Stifel Financial Corp acquired a new position in Plexus during the third quarter worth $332,000. Institutional investors own 94.45% of the company's stock.

Plexus Company Profile

Plexus Corp. provides electronic manufacturing services in the United States and internationally. It offers design, develop, supply chain, new product introduction, and manufacturing solutions, as well as sustaining services to companies in the healthcare/life sciences, industrial/commercial, aerospace/defense, and communications market sectors.