Plexus (NASDAQ:PLXS) Posts Earnings Results, Misses Estimates By $0.10 EPS

Plexus (NASDAQ:PLXS) released its quarterly earnings results on Wednesday. The technology company reported $1.49 EPS for the quarter, missing analysts’ consensus estimates of $1.59 by ($0.10), Zacks reports. Plexus had a net margin of 3.03% and a return on equity of 10.43%. Plexus updated its Q2 2025 guidance to 1.460-1.610 EPS.

Plexus Price Performance

Shares of NASDAQ PLXS opened at $153.30 on Friday. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.51 and a quick ratio of 0.71. The stock has a market capitalization of $4.15 billion, a price-to-earnings ratio of 35.57 and a beta of 0.91. The firm’s 50 day simple moving average is $162.30 and its 200-day simple moving average is $141.25. Plexus has a 12 month low of $90.18 and a 12 month high of $172.89.

Insider Activity at Plexus

In other Plexus news, CAO Angelo Michael Ninivaggi, Jr. sold 3,113 shares of the stock in a transaction 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 transaction, the chief accounting officer now directly owns 35,323 shares of the company’s stock, valued at $5,093,223.37. This trade represents a 8.10 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Oliver K. Mihm sold 5,691 shares of Plexus stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $167.06, for a total transaction of $950,738.46. Following the completion of the sale, the chief operating officer now owns 19,585 shares in the company, valued at approximately $3,271,870.10. This trade represents a 22.52 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 34,091 shares of company stock worth $5,377,960 in the last three months. Company insiders own 1.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on PLXS shares. Needham & Company LLC raised their price target on shares of Plexus from $162.00 to $172.00 and gave the stock a “buy” rating in a report on Friday. StockNews.com upgraded Plexus from a “hold” rating to a “buy” rating in a research note on Monday, November 18th. Benchmark restated a “buy” rating and issued a $165.00 price objective on shares of Plexus in a research note on Wednesday. KeyCorp assumed coverage on Plexus in a research report on Tuesday, October 22nd. They issued a “sector weight” rating on the stock. Finally, Stifel Nicolaus raised their price target on shares of Plexus from $136.00 to $150.00 and gave the stock a “hold” rating in a research report on Tuesday, December 10th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $162.33.

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.