Plexus Corp. (PLXS) Scheduled to Post Earnings on Wednesday
Plexus Corp. (NASDAQ:PLXS) is scheduled to post its quarterly earnings results on Wednesday, January 15th. Individual that wish to listen to the company’s earnings conference call can do so using this link.
Plexus Corp. (NASDAQ:PLXS) last announced its earnings results on Thursday, October 24th. The company reported $0.67 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.67. The company had revenue of $567.73 million for the quarter, compared to the consensus estimate of $562.81 million. During the same quarter in the prior year, the company posted $0.66 earnings per share. The company’s quarterly revenue was down 4.5% on a year-over-year basis. On average, analysts expect Plexus Corp. to post $2.63 EPS for the current fiscal year and $3.04 EPS for the next fiscal year.
Shares of Plexus Corp. (NASDAQ:PLXS) opened at 41.64 on Tuesday. Plexus Corp. has a 52 week low of $23.57 and a 52 week high of $44.16. The stock has a 50-day moving average of $41.53 and a 200-day moving average of $36.91. The company has a market cap of $1.407 billion and a P/E ratio of 18.33.
PLXS has been the subject of a number of recent research reports. Analysts at Raymond James downgraded shares of Plexus Corp. from a “market perform” rating to an “underperform” rating in a research note to investors on Monday. On a related note, analysts at Zacks downgraded shares of Plexus Corp. from an “outperform” rating to a “neutral” rating in a research note to investors on Thursday, January 2nd. They now have a $45.00 price target on the stock. Finally, analysts at Sidoti initiated coverage on shares of Plexus Corp. in a research note to investors on Thursday, December 12th. They set a “neutral” rating on the stock. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $37.86.
Plexus Corp. (NASDAQ:PLXS) and its subsidiaries delivers solutions to its customers through its Product Realization Value Stream.
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