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.
A number of analysts gave price targets for PLT. The highest price target was 63, implying a possible profit of 17.36 percent. The most pessimistic analyst gave a price target of 51, implying potential capital losses of -4.99 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 upwards by an average of 0 percent. That number becomes -13.95 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of -8.11 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
PLT has an estimated earnings growth rate of -4.4 percent as forecasted by analysts. Another measure frequently examined by investors is 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. PLT has a PEG ratio of -4.84.
In the last 52-weeks, PLT has achieved a high of 58.27 and a low of 44.33. The current market price is above the trailing year's low by 21.09 percent, and 7.88 percent below the 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 stock has a market capitalization of $1.81 billion. PLT's next earnings release will be on 0000-00-00, which is days away.