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.
Several price targets were given for PLXS by the analysts covering the stock. The most optimistic price target was 63, implying potential capital gains of 15.46 percent. The most pessimistic analyst gave a price target of 54, implying potential capital losses of -1.04 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Analysts have revised their earnings estimates downwards for this quarter, by about -4.06 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -4.06 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 2 analysts increased their quarterly estimates, while 2 analysts made negative revisions. Over the same time period, 3 analysts revised their FY earnings estimates upwards, while 2 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of PLXS to grow at a rate of 8.49 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. PLXS has a PEG ratio of 2.17.
PLXS has traded between a high of 58.74 and a low of 44.35 over the past year. The current market price is above the trailing year's low by 23.03 percent, and below the high by 7.11 percent. PLXS has a P/E 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 market cap of PLXS is $1.84 billion. PLXS's next earnings release will be on 0000-00-00, which is days away.