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.
Investment analysts gave a few price targets for PLT. The most optimistic analyst gave a price target of 63, which equates to a potential upside of 17.36 percent. The most pessimistic price target was 51, implying a possible loss of -4.99 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -13.95 percent. 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 -8.11 percent.
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 made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of PLT to grow at a rate of -4.4 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of PLT is -4.84.
PLT has traded between a high of 58.27 and a low of 44.33 over the past year. 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 price/earnings 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's next earnings release will be on 0000-00-00, which is days away.