Plexus (NASDAQ:PLXS) Issues Earnings Results

Plexus (NASDAQ:PLXS) released its quarterly earnings results on Wednesday. The technology company reported $1.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.59 by ($0.10), Zacks reports. Plexus had a net margin of 2.82% and a return on equity of 9.51%. Plexus updated its Q2 2025 guidance to 1.460-1.610 EPS.

Plexus Stock Performance

NASDAQ:PLXS traded up $0.17 during mid-day trading on Wednesday, hitting $170.49. The stock had a trading volume of 274,756 shares, compared to its average volume of 153,134. The company’s 50 day simple moving average is $162.01 and its 200 day simple moving average is $141.04. The stock has a market cap of $4.62 billion, a price-to-earnings ratio of 42.52 and a beta of 0.91. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.71 and a current ratio of 1.51. Plexus has a twelve month low of $90.18 and a twelve month high of $172.89.

Analyst Ratings Changes

Several research firms have commented on PLXS. KeyCorp assumed coverage on Plexus in a research note on Tuesday, October 22nd. They issued a “sector weight” rating on the stock. Benchmark increased their target price on shares of Plexus from $150.00 to $165.00 and gave the stock a “buy” rating in a report on Monday, October 28th. StockNews.com upgraded shares of Plexus from a “hold” rating to a “buy” rating in a research note on Monday, November 18th. Needham & Company LLC increased their price objective on shares of Plexus from $144.00 to $162.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Finally, Stifel Nicolaus raised their price objective on Plexus from $136.00 to $150.00 and gave the company a “hold” rating in a report on Tuesday, December 10th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $159.00.

Insiders Place Their Bets

In related news, insider Victor (Pang Hau) Tan sold 3,000 shares of Plexus stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $165.90, for a total transaction of $497,700.00. Following the completion of the sale, the insider now owns 5,605 shares of the company’s stock, valued at approximately $929,869.50. The trade was a 34.86 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Patrick John Jermain sold 5,045 shares of the stock in a transaction dated Monday, October 28th. The shares were sold at an average price of $143.13, for a total transaction of $722,090.85. Following the completion of the transaction, the chief financial officer now directly owns 24,602 shares in the company, valued at approximately $3,521,284.26. This represents a 17.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 34,091 shares of company stock valued at $5,377,960 over the last 90 days. 1.76% of the stock is currently owned by 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.