Plexus (NASDAQ:PLXS – Get Free Report) updated its second quarter 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 1.460-1.610 for the period, compared to the consensus earnings per share estimate of 1.610. The company issued revenue guidance of $960.0 million-$1.0 billion, compared to the consensus revenue estimate of $1.0 billion.
Analysts Set New Price Targets
A number of equities research analysts have recently issued reports on the company. KeyCorp initiated coverage on Plexus in a research note on Tuesday, October 22nd. They set a “sector weight” rating on the stock. Needham & Company LLC lifted their price objective on shares of Plexus from $144.00 to $162.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Benchmark reissued a “buy” rating and issued a $165.00 price objective on shares of Plexus in a research report on Wednesday. Stifel Nicolaus lifted their target price on shares of Plexus from $136.00 to $150.00 and gave the stock a “hold” rating in a report on Tuesday, December 10th. Finally, StockNews.com upgraded shares of Plexus from a “hold” rating to a “buy” rating in a research note on Monday, November 18th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, Plexus currently has an average rating of “Moderate Buy” and a consensus target price of $159.00.
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Plexus Stock Performance
Plexus (NASDAQ:PLXS – Get Free Report) last issued its quarterly earnings data on Wednesday, January 22nd. The technology company reported $1.49 earnings per share for the quarter, missing the consensus estimate of $1.59 by ($0.10). Plexus had a return on equity of 9.51% and a net margin of 2.82%. On average, equities analysts forecast that Plexus will post 6.13 EPS for the current year.
Insider Activity at Plexus
In other news, CAO Angelo Michael Ninivaggi, Jr. sold 3,113 shares of the company’s stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of $144.19, for a total transaction of $448,863.47. Following the completion of the sale, the chief accounting officer now owns 35,323 shares of the company’s stock, valued at approximately $5,093,223.37. This represents a 8.10 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Michael J. Running sold 579 shares of Plexus stock in a transaction that occurred on Thursday, November 14th. The shares were sold at an average price of $153.93, for a total transaction of $89,125.47. Following the completion of the transaction, the insider now directly owns 1,569 shares in the company, valued at $241,516.17. This trade represents a 26.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 34,091 shares of company stock worth $5,377,960. Company insiders own 1.76% of the company’s stock.
Plexus Company Profile
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.
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