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

Keybanc analyst Steve Barger has initiated coverage on Plexus (NASDAQ:PLXS) with a Sector Weight rating, indicating a neutral stance on the stock.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 11:28 am

Analysts have provided mixed ratings for Plexus (NASDAQ:PLXS) over the past three months, with a positive shift in price targets. The average 12-month price target has increased by 11.34% to $147.25. Despite a recent revenue decline, Plexus shows strong profitability and financial health.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 2:00 pm

Plexus (NASDAQ:PLXS) has been analyzed by four analysts, all of whom are bullish. The average 12-month price target has increased to $147.25, up from $132.25. Despite a recent revenue decline, Plexus shows strong financial metrics like net margin and ROE.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 12:01 pm

Benchmark analyst David Williams has reiterated a Buy rating on Plexus (NASDAQ:PLXS) and maintained a price target of $150.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 10:17 am

Benchmark analyst David Williams has maintained a Buy rating on Plexus (NASDAQ:PLXS) and raised the price target from $145 to $150.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 12:02 pm

Plexus Corp. has approved a new share repurchase program to buy back up to $50 million of its common stock, as per an SEC filing on August 14.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 12:08 pm

Shares of companies in the broader technology sector are trading lower amid an overall market selloff following weak US jobs data. Weakness in Amazon and Intel has also weighed on the tech sector.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 6:30 pm

In the last three months, 4 analysts have published ratings on Plexus (NASDAQ:PLXS), all of which are bullish. The average 12-month price target has increased to $132.25, reflecting a 16.52% rise from the previous average. Analysts have raised their price targets, with the highest being $145.00. Despite a slight revenue decline, Plexus shows strong financial health with high net margins, ROE, and ROA, and a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 5:01 pm

Benchmark analyst David Williams maintains a Buy rating on Plexus (NASDAQ:PLXS) and raises the price target from $120 to $145.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 4:14 pm

Needham analyst James Ricchiuti maintains a Buy rating on Plexus (NASDAQ:PLXS) and raises the price target from $114 to $144.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 10:17 am

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