Plantronics (NYSE:PLT) will release its earnings data after the market closes on Monday, January 29th. Plantronics has set its Q3 guidance at $0.75-0.85 EPS.
Plantronics (NYSE:PLT) last issued its quarterly earnings data on Tuesday, October 31st. The technology company reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.10. Plantronics had a return on equity of 20.12% and a net margin of 9.41%. On average, analysts expect Plantronics to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Shares of Plantronics (NYSE:PLT) opened at $55.07 on Monday. The company has a debt-to-equity ratio of 1.27, a quick ratio of 5.90 and a current ratio of 6.44. The company has a market capitalization of $1,820.94, a P/E ratio of 22.66, a price-to-earnings-growth ratio of 1.68 and a beta of 1.31. Plantronics has a twelve month low of $41.28 and a twelve month high of $58.27.
A number of brokerages have commented on PLT. Northland Securities set a $60.00 price objective on Plantronics and gave the stock a “buy” rating in a report on Friday, January 12th. Sidoti raised Plantronics from a “neutral” rating to a “buy” rating and set a $60.00 target price for the company in a report on Tuesday, January 2nd. TheStreet raised Plantronics from a “c+” rating to a “b” rating in a report on Friday, November 24th. Roth Capital set a $55.00 target price on Plantronics and gave the company a “buy” rating in a report on Wednesday, November 1st. Finally, Zacks Investment Research raised Plantronics from a “sell” rating to a “hold” rating in a report on Tuesday, October 3rd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $58.75.
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Plantronics, Inc (Plantronics) is engaged in the design, manufacture, and distribution of headsets for business and consumer applications, and other specialty products for the hearing impaired. The Company is a global designer, manufacturer and marketer of communications headsets, telephone headset systems, other communication endpoints and accessories for the business and consumer markets.
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