Plexus Corp. (PLXS) Scheduled to Post Earnings on Wednesday
Plexus Corp. (NASDAQ:PLXS) will be posting its Q214 quarterly earnings results on Wednesday, April 16th. Analysts expect Plexus Corp. to post earnings of $0.60 per share and revenue of $552.62 million for the quarter. Plexus Corp. has set its Q2 guidance at $0.57-0.63 EPS.Parties that wish to register for the company’s conference call can do so using this link.
Plexus Corp. (NASDAQ:PLXS) last announced its earnings results on Wednesday, January 15th. The company reported $0.61 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.61. The company had revenue of $534.00 million for the quarter, compared to the consensus estimate of $535.04 million. During the same quarter last year, the company posted $0.47 earnings per share. Plexus Corp.’s revenue was up .6% compared to the same quarter last year. On average, analysts expect Plexus Corp. to post $2.61 EPS for the current fiscal year and $3.02 EPS for the next fiscal year.
Plexus Corp. (NASDAQ:PLXS) opened at 39.40 on Tuesday. Plexus Corp. has a 1-year low of $24.80 and a 1-year high of $44.16. The stock’s 50-day moving average is $40.89 and its 200-day moving average is $40.18. The company has a market cap of $1.337 billion and a P/E ratio of 16.43.
Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Plexus Corp. in a research note on Tuesday, March 25th. They now have a $42.00 price target on the stock. On a related note, analysts at Raymond James upgraded shares of Plexus Corp. from an “underperform” rating to a “market perform” rating in a research note on Monday, February 24th. Finally, analysts at RBC Capital raised their price target on shares of Plexus Corp. from $36.00 to $42.00 in a research note on Thursday, January 16th. They now have a “sector perform” rating on the stock. One analyst has rated the stock with a sell rating and eight have issued a hold rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $37.67.
Plexus Corp. (NASDAQ:PLXS) and its subsidiaries delivers solutions to its customers through its Product Realization Value Stream.
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