$0.82 EPS Expected for Plexus Corp. (PLXS)

June 13, 2018 - By Robin Claypool

Investors sentiment increased to 0.9 in 2018 Q1. Its up 0.25, from 0.65 in 2017Q4. It improved, 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.
First Manhattan holds 0.01% or 20,375 shares in its portfolio. Jennison Assoc Limited, New York-based fund reported 15,242 shares. National Bank & Trust Of America De holds 0% in Plexus Corp. (NASDAQ:PLXS) or 118,891 shares. First Quadrant L P Ca, a California-based fund reported 18,000 shares. Cornerstone Advsrs, a Washington-based fund reported 14 shares. Australia-based Macquarie Group Ltd has invested 0% in Plexus Corp. (NASDAQ:PLXS). Systematic Financial Management L P has invested 0.03% of its portfolio in Plexus Corp. (NASDAQ:PLXS). Walleye Trading Limited Liability Corporation has 1,432 shares for 0% of their portfolio. Pinebridge Invests Lp holds 57,223 shares. The Pennsylvania-based Brinker Capital has invested 0.01% in Plexus Corp. (NASDAQ:PLXS). Brandywine Investment Mgmt Lc invested in 9,852 shares or 0% of the stock. Spectrum Mgmt invested in 10 shares or 0% of the stock. Stone Ridge Asset Ltd Liability reported 12,765 shares stake. Disciplined Growth Invsts Mn stated it has 3.44% of its portfolio in Plexus Corp. (NASDAQ:PLXS). California Public Employees Retirement Sys invested in 0.01% or 98,790 shares.

Since January 22, 2018, it had 1 buy, and 9 selling transactions for $1.53 million activity. Darroch Ronnie sold $348,277 worth of Plexus Corp. (NASDAQ:PLXS) on Monday, February 5. $383,120 worth of Plexus Corp. (NASDAQ:PLXS) was sold by CORTINOVIS STEPHEN P on Monday, February 26. Kelsey Todd P. sold $395,875 worth of Plexus Corp. (NASDAQ:PLXS) on Tuesday, February 20. 2,500 shares valued at $151,825 were sold by DRURY DAVID J on Thursday, February 22. 4,475 Plexus Corp. (NASDAQ:PLXS) shares with value of $270,345 were sold by Jermain Patrick John.

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. Longbow upgraded the stock to “Buy” rating in Monday, January 8 report. On Thursday, January 18 the stock rating was maintained by RBC Capital Markets with “Hold”. Stifel Nicolaus maintained Plexus Corp. (NASDAQ:PLXS) rating on Thursday, January 18. Stifel Nicolaus has “Hold” rating and $58.0 target. JP Morgan maintained the stock with “Neutral” rating in Friday, March 16 report.

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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