Plexus Corp. Forecasted to Post FY2025 Earnings of $5.79 Per Share (NASDAQ:PLXS)

Plexus Corp. (NASDAQ:PLXS) – Equities researchers at Zacks Research increased their FY2025 earnings per share (EPS) estimates for shares of Plexus in a note issued to investors on Wednesday, August 7th. Zacks Research analyst V. Doshi now forecasts that the technology company will post earnings of $5.79 per share for the year, up from their previous estimate of $5.72. The consensus estimate for Plexus’ current full-year earnings is $3.75 per share. Zacks Research also issued estimates for Plexus’ Q4 2025 earnings at $1.64 EPS, Q3 2026 earnings at $1.81 EPS and FY2026 earnings at $6.58 EPS.

A number of other brokerages have also weighed in on PLXS. Benchmark upped their price objective on Plexus from $120.00 to $145.00 and gave the stock a “buy” rating in a report on Monday, July 29th. Stifel Nicolaus raised their price objective on shares of Plexus from $90.00 to $95.00 and gave the company a “hold” rating in a research note on Friday, April 26th. Finally, Needham & Company LLC lifted their price target on shares of Plexus from $114.00 to $144.00 and gave the company a “buy” rating in a research report on Friday, July 26th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $124.00.

Plexus Stock Down 0.2 %

PLXS stock opened at $118.51 on Monday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.64 and a current ratio of 1.47. The company has a fifty day moving average of $110.76 and a 200-day moving average of $102.86. Plexus has a one year low of $87.21 and a one year high of $132.46. The stock has a market capitalization of $3.25 billion, a PE ratio of 32.74 and a beta of 0.90.

Plexus (NASDAQ:PLXS) last released its quarterly earnings data on Wednesday, July 24th. The technology company reported $1.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.17. Plexus had a return on equity of 9.64% and a net margin of 2.82%. The business had revenue of $960.70 million during the quarter, compared to analysts’ expectations of $981.32 million. During the same period in the prior year, the firm posted $1.32 EPS. The business’s quarterly revenue was down 6.0% compared to the same quarter last year.

Hedge Funds Weigh In On Plexus

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of Plexus by 2.2% during the 1st quarter. Vanguard Group Inc. now owns 3,515,866 shares of the technology company’s stock valued at $333,374,000 after buying an additional 74,988 shares during the last quarter. Fiduciary Management Inc. WI boosted its stake in Plexus by 3.8% in the fourth quarter. Fiduciary Management Inc. WI now owns 1,226,917 shares of the technology company’s stock valued at $132,667,000 after acquiring an additional 44,398 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its holdings in shares of Plexus by 8.8% during the second quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,079,340 shares of the technology company’s stock valued at $111,366,000 after purchasing an additional 87,574 shares during the last quarter. BNP Paribas Asset Management Holding S.A. lifted its holdings in shares of Plexus by 0.9% in the 4th quarter. BNP Paribas Asset Management Holding S.A. now owns 954,853 shares of the technology company’s stock worth $103,248,000 after purchasing an additional 8,243 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its stake in Plexus by 7.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 453,308 shares of the technology company’s stock worth $46,772,000 after buying an additional 31,099 shares during the last quarter. 94.45% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Plexus

In related news, insider Steven J. Frisch sold 6,565 shares of the company’s stock in a transaction that occurred on Wednesday, July 31st. The shares were sold at an average price of $128.11, for a total transaction of $841,042.15. Following the transaction, the insider now owns 36,118 shares of the company’s stock, valued at $4,627,076.98. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other news, insider Steven J. Frisch sold 6,565 shares of the company’s stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of $128.11, for a total transaction of $841,042.15. Following the completion of the sale, the insider now directly owns 36,118 shares in the company, valued at approximately $4,627,076.98. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Todd P. Kelsey sold 3,000 shares of the stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of $128.40, for a total transaction of $385,200.00. Following the completion of the sale, the chief executive officer now directly owns 93,682 shares of the company’s stock, valued at approximately $12,028,768.80. The disclosure for this sale can be found here. Insiders have sold a total of 18,220 shares of company stock valued at $2,189,472 over the last quarter. Insiders own 2.39% of the company’s stock.

About Plexus

Plexus Corp. provides electronic manufacturing services in the United States and internationally. It offers design, develop, supply chain, new product introduction, and manufacturing solutions, as well as sustaining services to companies in the healthcare/life sciences, industrial/commercial, aerospace/defense, and communications market sectors.