Plexus (NASDAQ:PLXS – Get Free Report) posted its quarterly earnings results on Wednesday. The technology company reported $1.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.55 by $0.30, Briefing.com reports. The business had revenue of $1.05 billion during the quarter, compared to analysts’ expectations of $1.01 billion. Plexus had a net margin of 2.82% and a return on equity of 9.64%. The business’s quarterly revenue was up 2.6% on a year-over-year basis. During the same quarter last year, the company posted $1.44 earnings per share. Plexus updated its Q1 guidance to $1.52-$1.67 EPS and its Q1 2025 guidance to 1.520-1.670 EPS.
Plexus Stock Performance
Shares of PLXS stock traded down $3.70 on Friday, hitting $141.19. The company had a trading volume of 318,082 shares, compared to its average volume of 128,867. The firm has a market cap of $3.84 billion, a P/E ratio of 35.56 and a beta of 0.89. Plexus has a twelve month low of $88.57 and a twelve month high of $153.60. The company has a 50-day moving average price of $130.82 and a 200-day moving average price of $116.13. The company has a quick ratio of 0.64, a current ratio of 1.47 and a debt-to-equity ratio of 0.07.
Insider Buying and Selling
In other Plexus news, Director Karen Marie Rapp sold 500 shares of the business’s stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of $128.02, for a total value of $64,010.00. Following the completion of the transaction, the director now directly owns 9,586 shares of the company’s stock, valued at approximately $1,227,199.72. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other Plexus news, Director Karen Marie Rapp sold 500 shares of Plexus stock in a transaction on Friday, August 30th. The shares were sold at an average price of $128.02, for a total value of $64,010.00. Following the completion of the transaction, the director now owns 9,586 shares of the company’s stock, valued at approximately $1,227,199.72. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Todd P. Kelsey sold 1,000 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer now owns 87,026 shares of the company’s stock, valued at approximately $10,769,467.50. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 20,113 shares of company stock valued at $2,541,394 over the last ninety days. Company insiders own 2.39% of the company’s stock.
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Report on PLXS
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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