Analysts See $0.82 EPS for Plexus Corp. (PLXS)

June 14, 2018 - By Calvin Voll

Investors sentiment increased to 0.9 in Q1 2018. Its up 0.25, from 0.65 in 2017Q4. It is positive, as 12 investors sold Plexus Corp. shares while 72 reduced holdings. 28 funds opened positions while 48 raised stakes. 31.19 million shares or 1.73% less from 31.73 million shares in 2017Q4 were reported.
Profund Ltd has invested 0.01% in Plexus Corp. (NASDAQ:PLXS). Ameriprise reported 178,617 shares. State Street holds 0% of its portfolio in Plexus Corp. (NASDAQ:PLXS) for 858,395 shares. D E Shaw & Com stated it has 0% in Plexus Corp. (NASDAQ:PLXS). Hotchkis And Wiley Cap Ltd Liability Company reported 0% stake. Dimensional Fund Ltd Partnership reported 0.07% in Plexus Corp. (NASDAQ:PLXS). Walleye Trading Lc holds 0% of its portfolio in Plexus Corp. (NASDAQ:PLXS) for 1,432 shares. Profit Investment Ltd Liability holds 1.68% or 33,207 shares in its portfolio. Spectrum reported 10 shares. Shell Asset Management, a Netherlands-based fund reported 13,572 shares. The New York-based Mutual Of America Cap Mgmt Limited Liability Co has invested 0.05% in Plexus Corp. (NASDAQ:PLXS). Bancorp Of America De reported 118,891 shares. Engineers Gate Manager L P holds 0.03% in Plexus Corp. (NASDAQ:PLXS) or 7,602 shares. Cornerstone invested in 0% or 14 shares. Moreover, Arizona State Retirement Sys has 0.03% invested in Plexus Corp. (NASDAQ:PLXS).

Since January 22, 2018, it had 1 insider purchase, and 9 sales for $1.53 million activity. KELLY PETER had bought 10,000 shares worth $600,500. DRURY DAVID J also sold $151,825 worth of Plexus Corp. (NASDAQ:PLXS) shares. 6,250 shares were sold by CORTINOVIS STEPHEN P, worth $383,120 on Monday, February 26. Jermain Patrick John sold $270,345 worth of stock. $395,875 worth of stock was sold by Kelsey Todd P. on Tuesday, February 20.

Analysts expect Plexus Corp. (NASDAQ:PLXS) to report $0.82 EPS on July, 18.They anticipate $0.08 EPS change or 10.81 % from last quarter’s $0.74 EPS. PLXS’s profit would be $27.04M giving it 18.62 P/E if the $0.82 EPS is correct. After having $0.74 EPS previously, Plexus Corp.’s analysts see 10.81 % EPS growth. The stock increased 0.91% or $0.55 during the last trading session, reaching $61.07. About 115,556 shares traded. Plexus Corp. (NASDAQ:PLXS) has risen 11.76% since June 15, 2017 and is uptrending. It has underperformed by 0.81% the S&P500.

Plexus Corp. (NASDAQ:PLXS) Ratings Coverage

Among 4 analysts covering Plexus (NASDAQ:PLXS), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Plexus had 4 analyst reports since January 8, 2018 according to SRatingsIntel. The firm earned “Buy” rating on Monday, January 8 by Longbow. The firm earned “Neutral” rating on Friday, March 16 by JP Morgan. The rating was maintained by RBC Capital Markets on Thursday, January 18 with “Hold”. Stifel Nicolaus maintained Plexus Corp. (NASDAQ:PLXS) on Thursday, January 18 with “Hold” rating.

Plexus Corp., together with its subsidiaries, provides electronic manufacturing services in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company has market cap of $2.01 billion. It offers product conceptualization solutions; and product design and value-engineering solutions, including program management, feasibility studies, specification development for product features and functionality, circuit design, field programmable gate array design, printed circuit board layout, embedded software design, mechanical design, test specifications development and product verification testing, and automated production solutions and complex automation design. It currently has negative earnings. The firm also provides commercialization solutions, such as prototyping, new product introduction, design for supply chain, test development, and transition management; manufacturing solutions; and fulfillment and logistics solutions.

Another recent and important Plexus Corp. (NASDAQ:PLXS) news was published by which published an article titled: “New Research Coverage Highlights Seaboard, The Hanover Insurance Group, Atara Biotherapeutics, Plexus, NV5 …” on May 29, 2018.

Plexus Corp. (NASDAQ:PLXS) Institutional Positions Chart

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