Plexus (NASDAQ:PLXS) Releases Q1 2025 Earnings Guidance

Plexus (NASDAQ:PLXS) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.520-1.670 for the period, compared to the consensus earnings per share estimate of 1.540. The company issued revenue guidance of $960.0 million-$1.0 billion, compared to the consensus revenue estimate of $1.0 billion. Plexus also updated its Q1 guidance to $1.52-$1.67 EPS.

Plexus Trading Up 6.9 %

Shares of PLXS traded up $9.32 during trading hours on Thursday, hitting $144.89. 493,564 shares of the stock were exchanged, compared to its average volume of 127,949. Plexus has a fifty-two week low of $87.21 and a fifty-two week high of $153.60. The business has a 50-day moving average of $130.05 and a 200-day moving average of $115.62. The firm has a market capitalization of $3.95 billion, a P/E ratio of 36.50 and a beta of 0.89. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.47 and a quick ratio of 0.64.

Plexus (NASDAQ:PLXS) last issued its quarterly earnings results on Wednesday, October 23rd. The technology company reported $1.85 earnings per share for the quarter, topping analysts’ consensus estimates of $1.55 by $0.30. The firm had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.01 billion. Plexus had a return on equity of 9.64% and a net margin of 2.82%. The business’s revenue was up 2.6% compared to the same quarter last year. During the same period last year, the business posted $1.44 EPS. On average, research analysts expect that Plexus will post 3.74 EPS for the current year.

Analysts Set New Price Targets

PLXS has been the topic of a number of research analyst reports. KeyCorp assumed coverage on Plexus in a report on Tuesday. They set a “sector weight” rating on the stock. Benchmark reiterated a “buy” rating and set a $150.00 target price on shares of Plexus in a research report on Monday. Finally, Needham & Company LLC raised their price target on shares of Plexus from $114.00 to $144.00 and gave the stock a “buy” rating in a report on Friday, July 26th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $125.25.

Insider Transactions at Plexus

In other Plexus news, CEO Todd P. Kelsey sold 1,000 shares of the business’s stock in a transaction on Friday, August 16th. The shares were sold at an average price of $123.75, for a total transaction of $123,750.00. Following the completion of the sale, the chief executive officer now owns 87,026 shares in the company, valued at approximately $10,769,467.50. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other Plexus news, CEO Todd P. Kelsey sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, August 16th. The stock was sold at an average price of $123.75, for a total transaction of $123,750.00. Following the completion of the sale, the chief executive officer now directly owns 87,026 shares of the company’s stock, valued at approximately $10,769,467.50. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Steven J. Frisch sold 6,565 shares of the firm’s stock in a transaction on Wednesday, July 31st. The shares were sold at an average price of $128.11, for a total value of $841,042.15. Following the transaction, the insider now owns 36,118 shares in the company, valued at approximately $4,627,076.98. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 20,113 shares of company stock valued at $2,541,394 over the last ninety days. 2.39% of the stock is owned by company insiders.

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.