Streetbeat News

PLXS

Plexus Corp.

https://www.plexus.com

Industry

Hardware, Equipment & Parts

Plexus Corp., together with its subsidiaries, provides electronic manufacturing services in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It offers design and development, supply chain, new product introduction, and manufacturing solutions, as well as aftermarket services to companies in the healthcare/life sciences, industrial/commercial, aerospace/defense, and communications market sectors. Plexus Corp. was founded in 1979 and is headquartered in Neenah, Wisconsin.

Open

154.26

Mkt cap

4.3B

Volume

235K

High

158.55

P/E Ratio

39.36

52-wk high

169.41

Low

154.26

Div yield

N/A

52-wk low

90.18

Top Wall Street analysts have updated their price targets and ratings for several companies, including Tesla, AAON, Saia, Nutanix, and others. Notably, Canaccord Genuity raised Tesla's price target from $278 to $298, maintaining a Buy rating.

Portfolio Pulse from Avi Kapoor

October 28, 2024 | 1:18 pm

Benchmark analyst David Williams maintains a Buy rating on Plexus (NASDAQ:PLXS) and raises the price target from $150 to $165.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 11:59 am

Needham analyst James Ricchiuti maintains a Buy rating on Plexus (NASDAQ:PLXS) and raises the price target from $144 to $162.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 11:06 am

UPS and several other major stocks, including Tesla and T-Mobile, saw significant gains on Thursday following better-than-expected quarterly earnings and guidance updates.

Portfolio Pulse from Avi Kapoor

October 24, 2024 | 3:03 pm

Plexus shares rose following the release of their Q4 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 2:20 pm

Plexus (NASDAQ:PLXS) has provided guidance for Q1 GAAP EPS in the range of $1.25 to $1.40, compared to the analyst estimate of $1.33.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:29 pm

Plexus (NASDAQ:PLXS) has provided guidance for Q1 with adjusted EPS expected between $1.52 and $1.67, slightly above the analyst estimate of $1.54. However, the company anticipates sales between $960 million and $1 billion, which is below the analyst estimate of $1.02 billion.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:29 pm

Plexus (NASDAQ:PLXS) reported strong Q4 2024 results, with adjusted EPS of $1.85 beating estimates by 19.35% and sales of $1.051 billion surpassing expectations by 4.28%. Both earnings and sales showed year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:25 pm

Plexus (NASDAQ:PLXS) is set to release its quarterly earnings on October 23, 2024. Analysts expect an EPS of $1.56. Investors are keen on not just an earnings beat but also positive future guidance. Historically, Plexus has shown significant price changes post-earnings announcements. The stock is currently rated as a 'Buy' with a price target of $147.25, indicating an 8.09% upside. Plexus shows strong profitability metrics compared to peers, despite a recent revenue decline.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 7:02 pm

Top Wall Street analysts initiated coverage on several companies, including Insperity, Hershey, Plexus, Walmart, and Cadence Design Systems. Notable ratings include an Underweight for Insperity, a Sell for Hershey, and Outperform ratings for Walmart and Cadence Design.

Portfolio Pulse from Avi Kapoor

October 22, 2024 | 12:44 pm

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