Plexus (PLXS) Stock Price, News & Analysis

Company Overview

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. The company was founded in 1979 and is headquartered in Neenah, Wisconsin.

Key Stats

• Today's Range: $154.49 to $157.55
• 50-Day Range: $124.23 to $166.77
• 52-Week Range: $90.18 to $169.41
• Volume: 185,234 shs
• Average Volume: 133,048 shs
• Market Capitalization: $4.27 billion
• P/E Ratio: 39.06
• Dividend Yield: N/A
• Price Target: $133.50
• Consensus Rating: Hold

Plexus Stock Analysis - MarketRank™

Plexus scored higher than 76% of companies evaluated by MarketBeat, and ranked 237th out of 648 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

Plexus has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Plexus has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 13.70%

Earnings Growth

Earnings for Plexus are expected to grow by 13.70% in the coming year, from $6.13 to $6.97 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Plexus is 39.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.22.

Price to Earnings Ratio vs. Sector

The P/E ratio of Plexus is 39.06, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 258.40.

Price to Book Value per Share Ratio

Plexus has a P/B Ratio of 3.22. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.30% of the float of Plexus has been sold short.

Short Interest Ratio / Days to Cover

Plexus has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Plexus has recently decreased by 0.85%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Plexus does not currently pay a dividend.

Dividend Growth

Plexus does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 1.9 / 5
• Environmental Score: -1.83

Percentage of Shares Shorted

1.30% of the float of Plexus has been sold short.

Short Interest Ratio / Days to Cover

Plexus has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Plexus has recently decreased by 0.85%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.04

News Sentiment

Plexus has a news sentiment score of 1.04. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 15 news articles for Plexus this week, compared to 5 articles on an average week.

Search Interest

2 people have searched for PLXS on MarketBeat in the last 30 days.

MarketBeat Follows

Only 2 people have added Plexus to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Plexus insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,250,871.00 in company stock.

Percentage Held by Insiders

Only 2.39% of the stock of Plexus is held by insiders.

Percentage Held by Institutions

94.45% of the stock of Plexus is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PLXS Stock Analysis - Frequently Asked Questions

How have PLXS shares performed this year?

Plexus' stock was trading at $108.13 at the start of the year. Since then, PLXS stock has increased by 44.9% and is now trading at $156.65.
View the best growth stocks for 2024 here.

How were Plexus' earnings last quarter?

Plexus Corp. (NASDAQ:PLXS) posted its quarterly earnings results on Wednesday, October, 23rd. The technology company reported $1.85 earnings per share for the quarter, beating the consensus estimate of $1.55 by $0.30. The company's revenue for the quarter was up 2.6% compared to the same quarter last year.

Does Plexus have any subsidiaries?

Plexus subsidiaries include these companies: MCMS Inc., Qtron Inc., e2E Corp, Shure, Plexus Aerospace Defense and Security Services LLC, Plexus Asia Ltd., Plexus Corp. Limited, and more.

Who are Plexus' major shareholders?

Top institutional shareholders of Plexus include Disciplined Growth Investors Inc. MN (7.96%), BNP PARIBAS ASSET MANAGEMENT Holding S.A. (3.86%), State Street Corp (3.86%) and Geode Capital Management LLC (2.40%). Insiders that own company stock include Todd P Kelsey, Angelo Michael Ninivaggi Jr, Steven J Frisch, Patrick John Jermain, Oliver K Mihm, Karen Marie Rapp, Scott Theune, Victor (Pang Hau) Tan, Michael J Running and Ronnie Darroch.
View institutional ownership trends.

How do I buy shares of Plexus?

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.
Compare Top Brokerages Here.

What other stocks do shareholders of Plexus own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Plexus investors own include Chevron (CVX), Bristol-Myers Squibb (BMY), American Water Works (AWK), Humana (HUM), Comcast (CMCSA), Waste Connections (WCN) and DiamondRock Hospitality (DRH).

Company Calendar

• Last Earnings: 10/23/2024
• Today: 11/20/2024
• Next Earnings (Estimated): 1/22/2025
• Fiscal Year End: 9/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Printed circuit boards
• Sub-Industry: Electronic Manufacturing Services
• Current Symbol: NASDAQ:PLXS
• CUSIP: 72913210
• CIK: 785786
• Web: www.plexus.com
• Phone: (920) 969-6000
• Fax: 920-751-5395
• Employees: 25,000
• Year Founded: 1979

Price Target and Rating

• Average Stock Price Target: $133.50
• High Stock Price Target: $165.00
• Low Stock Price Target: $95.00
• Potential Upside/Downside: -14.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.40
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $4.01
• Trailing P/E Ratio: 39.07
• Forward P/E Ratio: 25.56
• P/E Growth: N/A
• Net Income: $111.82 million
• Net Margins: 2.82%
• Pretax Margin: 3.27%
• Return on Equity: 9.51%
• Return on Assets: 3.77%

Debt

• Debt-to-Equity Ratio: 0.07
• Current Ratio: 1.51
• Quick Ratio: 0.71

Sales & Book Value

• Annual Sales: $3.96 billion
• Price / Sales: 1.08
• Cash Flow: $8.57 per share
• Price / Cash Flow: 18.29
• Book Value: $48.66 per share
• Price / Book: 3.22

Miscellaneous

• Outstanding Shares: 27,230,000
• Free Float: 26,575,000
• Market Cap: $4.27 billion
• Optionable: Optionable
• Beta: 0.87