EPS for Plexus Corp. (PLXS) Expected At $0.82

June 13, 2018 - By Darrin Black

Investors sentiment increased to 0.9 in Q1 2018. Its up 0.25, from 0.65 in 2017Q4. It increased, 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.
Employees Retirement Association Of Colorado reported 5,466 shares. Louisiana State Employees Retirement accumulated 0.04% or 14,900 shares. Thrivent Fincl For Lutherans reported 525,306 shares or 0.11% of all its holdings. Sawgrass Asset Limited Company has invested 0.01% in Plexus Corp. (NASDAQ:PLXS). Us Bancorporation De owns 32,887 shares. Stevens Cap Mgmt L P accumulated 0.02% or 7,029 shares. State Board Of Administration Of Florida Retirement holds 17,385 shares or 0% of its portfolio. Moreover, Employees Retirement Systems Of Texas has 0.02% invested in Plexus Corp. (NASDAQ:PLXS) for 27,000 shares. Moreover, Profit Inv Mgmt has 1.68% invested in Plexus Corp. (NASDAQ:PLXS). Stone Ridge Asset Management Limited Liability reported 12,765 shares or 0.04% of all its holdings. Parametric Port Associate Llc has invested 0.01% of its portfolio in Plexus Corp. (NASDAQ:PLXS). Bollard Gru Ltd Llc, a Massachusetts-based fund reported 240 shares. Tci Wealth Advisors holds 0.01% or 203 shares. Guggenheim Ltd Llc has 35,246 shares for 0.01% of their portfolio. Barrow Hanley Mewhinney & Strauss Limited Liability Company accumulated 1.44M shares.

Since January 22, 2018, it had 1 insider buy, and 9 sales for $1.53 million activity. DRURY DAVID J also sold $293,289 worth of Plexus Corp. (NASDAQ:PLXS) shares. CORTINOVIS STEPHEN P had sold 6,250 shares worth $383,120 on Monday, February 26. $600,500 worth of stock was bought by KELLY PETER on Monday, January 22. Kelsey Todd P. sold $395,875 worth of Plexus Corp. (NASDAQ:PLXS) on Tuesday, February 20. On Wednesday, February 21 the insider Jermain Patrick John sold $270,345.

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 $27.04 million giving it 18.45 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 decreased 0.79% or $0.48 during the last trading session, reaching $60.52. About 120,358 shares traded. Plexus Corp. (NASDAQ:PLXS) has risen 11.76% since June 14, 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 “Hold” rating on Thursday, January 18 by Stifel Nicolaus. The firm has “Buy” rating given on Monday, January 8 by Longbow. JP Morgan maintained it with “Neutral” rating and $70 target in Friday, March 16 report. The stock has “Hold” rating by RBC Capital Markets on Thursday, January 18.

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 $2.00 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 Globenewswire.com 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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