Plexus (NASDAQ:PLXS – Get Free Report) issued an update on its fourth quarter earnings guidance on Wednesday morning. The company provided EPS guidance of $1.50-1.65 for the period, compared to the consensus EPS estimate of $1.36. The company issued revenue guidance of $0.99-1.03 billion, compared to the consensus revenue estimate of $1.02 billion. Plexus also updated its Q4 2024 guidance to 1.500-1.650 EPS.
Plexus Trading Up 0.2 %
Plexus stock opened at $129.85 on Friday. Plexus has a 1 year low of $87.21 and a 1 year high of $132.46. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.64 and a current ratio of 1.47. The firm has a market cap of $3.56 billion, a price-to-earnings ratio of 35.87 and a beta of 0.90. The firm’s 50 day moving average price is $108.73 and its two-hundred day moving average price is $101.27.
Plexus (NASDAQ:PLXS – Get Free Report) last posted its quarterly earnings data on Wednesday, July 24th. The technology company reported $1.45 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.17. Plexus had a net margin of 2.82% and a return on equity of 9.64%. The firm had revenue of $960.70 million for the quarter, compared to analysts’ expectations of $981.32 million. During the same period in the previous year, the company posted $1.32 EPS. The company’s quarterly revenue was down 6.0% compared to the same quarter last year. On average, research analysts predict that Plexus will post 3.67 EPS for the current fiscal year.
Analyst Ratings Changes
View Our Latest Report on PLXS
Insider Activity at Plexus
In other Plexus news, CFO Patrick John Jermain sold 4,999 shares of the business’s stock in a transaction on Monday, May 20th. The shares were sold at an average price of $110.00, for a total transaction of $549,890.00. Following the completion of the transaction, the chief financial officer now owns 34,183 shares of the company’s stock, valued at approximately $3,760,130. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other Plexus news, CAO Angelo Michael Ninivaggi, Jr. sold 2,250 shares of the business’s stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $102.66, for a total transaction of $230,985.00. Following the completion of the transaction, the chief accounting officer now owns 38,560 shares of the company’s stock, valued at approximately $3,958,569.60. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Patrick John Jermain sold 4,999 shares of the business’s stock in a transaction on Monday, May 20th. The stock was sold at an average price of $110.00, for a total transaction of $549,890.00. Following the transaction, the chief financial officer now directly owns 34,183 shares of the company’s stock, valued at approximately $3,760,130. The disclosure for this sale can be found here. In the last 90 days, insiders sold 35,386 shares of company stock valued at $3,749,884. Insiders own 2.39% of the company’s stock.
Plexus Company Profile
Plexus Corp. provides electronic manufacturing services in the United States and internationally. It offers design, develop, supply chain, new product introduction, and manufacturing solutions, as well as sustaining services to companies in the healthcare/life sciences, industrial/commercial, aerospace/defense, and communications market sectors.
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