Analyst Ratings for Plantronics Inc. (PLT)Updated: 2017-07-27
Analysts covering Plantronics Inc. (NYSE:PLT) have given it a consensus rating of Overweight. About 30 days ago, PLT was issued an average rating of Overweight.
6 analysts issued ratings on the stock, where 3 gave PLT a buy rating, 0 gave an overweight rating, 3 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. During this time, the number of analysts bearish on the stock has increased by 0.
PLT was given price targets by several analysts. The maximum price target given was 63, implying potential capital gains of 17.36 percent. The most pessimistic analyst gave a price target of 51, implying a possible loss of -4.99 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -13.95 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -8.11 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
Analysts estimate earnings of PLT to grow at a rate of -4.4 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, 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, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of PLT is -4.84.
PLT has a 52-week high of 58.27 and a 52-week low of 44.33. Today's price is 21.09 percent above the 52-week low, and 7.88 percent lower than its 52-week high. PLT has a P/E ratio of 21.28. Investors typically compare the P/E ratio to a company's peers in the industry. The PLT value stock report compares PLT to some of its peers using value stock charts. The market cap of PLT is $1.81 billion. PLT will post this quarters earnings in days, on 0000-00-00.