Analyst Ratings for Plexus Corp. (PLXS)Updated: 2017-07-27
Plexus Corp. (NASDAQ:PLXS) was awarded an average rating of Hold from investment analysts following the stock. Last month, PLXS received an average rating of Hold.
A buy rating was issued by 1 analysts, 1 gave an overweight rating, 6 issued a hold rating, 0 issued an underweight rating, and 1 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Many analysts weighed in on price targets for PLXS. The most optimistic analyst gave a price target of 63, which equates to a potential upside of 15.46 percent. The most pessimistic analyst gave a price target of 54, which equates to a potential downside of -1.04 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -4.06 percent. That number becomes -4.06 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 2 analysts that decreased their estimates. Over the same time period, 3 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their estimates.
The growth rate of PLXS's earnings is estimated by analysts to be 8.49 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of PLXS is 2.17.
PLXS has a 52-week high of 58.74 and a 52-week low of 44.35. Currently the stock is 23.03 percent higher than its low, and 7.11 percent lower than its 52-week high. PLXS has a price/earnings ratio of 18.41. Investors typically compare the P/E ratio to a company's peers in the industry. The PLXS value stock report compares PLXS to some of its peers using value stock charts. The stock has a market capitalization of $1.84 billion. PLXS will post this quarters earnings in days, on 0000-00-00.