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 most optimistic analyst gave a price target of 63, implying a possible profit of 17.36 percent. The minimum price target given was 51, which equates to a potential downside 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. This can be compared with the average change in earnings estimates over the past 3 months, which is -13.95 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. 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.
The growth rate of PLT's earnings is estimated by analysts to be -4.4 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. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. PLT has a PEG ratio of -4.84.
In the trailing 52-weeks, PLT hit 58.27 at the highest peak, while it's lowest trading point was 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 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.