At the time of writing, Plexus Corp [PLXS] stock is trading at $163.47, up 2.35%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PLXS shares have gain 4.47% over the last week, with a monthly amount drifted -1.29%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Sidoti downgraded its rating to Neutral on January 09, 2024, and kept the price target unchanged to $112. On January 27, 2023, upgrade upgraded it’s rating to Buy but maintained its price target of $116 on the stock. Sidoti downgraded its rating to a Neutral but stick to its price target of $116 on January 17, 2023. JP Morgan downgraded its rating to a Underweight but $85 remained the price target by the analyst firm on August 12, 2022. The Benchmark Company started tracking with a Buy rating for this stock on July 27, 2022, and assigned it a price target of $98. In a note dated June 07, 2022, Raymond James upgraded an Outperform rating on this stock but restated the target price of $100.
For the past year, the stock price of Plexus Corp fluctuated between $90.18 and $170.07. Currently, Wall Street analysts expect the stock to reach $150 within the next 12 months. Plexus Corp [NASDAQ: PLXS] shares were valued at $163.47 at the most recent close of the market. An investor can expect a potential drop of -8.24% based on the average PLXS price forecast.
Analyzing the PLXS fundamentals
According to Plexus Corp [NASDAQ:PLXS], the company’s sales were 3.96B for trailing twelve months, which represents an 2.60% jump. Gross Profit Margin for this corporation currently stands at 0.1% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.09 and Total Capital is 0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.19.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 159.26 points at the first support level, and at 155.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 165.59, and for the 2nd resistance point, it is at 167.70.
Ratios To Look Out For
It is important to note that Plexus Corp [NASDAQ:PLXS] has a current ratio of 1.51. As well, the Quick Ratio is 0.71, while the Cash Ratio is 0.21. Considering the valuation of this stock, the price to sales ratio is 1.12, the price to book ratio is 3.35 and price to earnings (TTM) ratio is 40.73.
Transactions by insiders
Recent insider trading involved Kelsey Todd P., President & CEO, that happened on Jan 02 ’25 when 1500.0 shares were sold. President & CEO, Kelsey Todd P. completed a deal on Dec 02 ’24 to sell 1500.0 shares. Meanwhile, Director Rapp Karen Marie sold 500.0 shares on Nov 29 ’24.
