Plexus (NASDAQ:PLXS – Get Free Report) updated its second quarter 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 1.460-1.610 for the period, compared to the consensus earnings per share estimate of 1.610. The company issued revenue guidance of $960.0 million-$1.0 billion, compared to the consensus revenue estimate of $1.0 billion.
Analyst Ratings Changes
A number of research firms have commented on PLXS. Stifel Nicolaus boosted their price target on shares of Plexus from $136.00 to $150.00 and gave the stock a “hold” rating in a research note on Tuesday, December 10th. Needham & Company LLC raised their price target on Plexus from $162.00 to $172.00 and gave the company a “buy” rating in a research report on Friday. KeyCorp started coverage on Plexus in a research note on Tuesday, October 22nd. They set a “sector weight” rating for the company. StockNews.com upgraded Plexus from a “hold” rating to a “buy” rating in a research report on Monday, November 18th. Finally, Benchmark reiterated a “buy” rating and set a $165.00 price target on shares of Plexus in a research report on Wednesday. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $162.33.
View Our Latest Research Report on PLXS
Plexus Trading Down 10.1 %
Plexus (NASDAQ:PLXS – Get Free Report) last announced its quarterly earnings data on Wednesday, January 22nd. The technology company reported $1.49 earnings per share for the quarter, missing the consensus estimate of $1.59 by ($0.10). Plexus had a net margin of 3.03% and a return on equity of 10.43%. As a group, sell-side analysts forecast that Plexus will post 6.13 EPS for the current year.
Insider Buying and Selling at Plexus
In other Plexus news, CAO Angelo Michael Ninivaggi, Jr. sold 3,113 shares of the stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of $144.19, for a total value of $448,863.47. Following the completion of the sale, the chief accounting officer now owns 35,323 shares in the company, valued at approximately $5,093,223.37. This trade represents a 8.10 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Todd P. Kelsey sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $148.48, for a total value of $593,920.00. Following the transaction, the chief executive officer now directly owns 81,026 shares in the company, valued at $12,030,740.48. This trade represents a 4.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 34,091 shares of company stock valued at $5,377,960 in the last quarter. Company insiders own 1.76% of the company’s stock.
About Plexus
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.
Read More
- Five stocks we like better than Plexus
- EV Stocks and How to Profit from Them
- Why Energy Transfer Stock Could Soar to New Highs in 2025
- Stock Dividend Cuts Happen Are You Ready?
- 3 Buy-and-Hold Stocks for Long-Term Growth
- How to Most Effectively Use the MarketBeat Earnings Screener
- Despite Short-Term Risks Freeport McMoran Worth a Look
Receive News & Ratings for Plexus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Plexus and related companies with MarketBeat.com's FREE daily email newsletter.