FY2025 Earnings Estimate for Plexus Issued By Zacks Research

Plexus Corp. (NASDAQ:PLXS) – Stock analysts at Zacks Research boosted their FY2025 earnings per share (EPS) estimates for Plexus in a research report issued to clients and investors on Monday, November 18th. Zacks Research analyst V. Doshi now forecasts that the technology company will earn $6.07 per share for the year, up from their prior forecast of $6.06. The consensus estimate for Plexus’ current full-year earnings is $6.13 per share. Zacks Research also issued estimates for Plexus’ Q4 2025 earnings at $1.70 EPS, Q1 2026 earnings at $1.62 EPS, Q3 2026 earnings at $1.86 EPS and FY2027 earnings at $8.03 EPS.

Several other brokerages have also issued reports on PLXS. Needham & Company LLC increased their target price on Plexus from $144.00 to $162.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. StockNews.com upgraded Plexus from a “hold” rating to a “buy” rating in a report on Monday, November 18th. Benchmark boosted their target price on shares of Plexus from $150.00 to $165.00 and gave the company a “buy” rating in a report on Monday, October 28th. Finally, KeyCorp initiated coverage on shares of Plexus in a research report on Tuesday, October 22nd. They issued a “sector weight” rating on the stock. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $133.50.

Plexus Stock Performance

Shares of PLXS opened at $162.01 on Thursday. The company has a 50-day simple moving average of $142.29 and a two-hundred day simple moving average of $123.67. 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 firm has a market capitalization of $4.39 billion, a PE ratio of 40.14 and a beta of 0.87. Plexus has a one year low of $90.18 and a one year high of $169.41.

Plexus (NASDAQ:PLXS) last issued its quarterly earnings data on Wednesday, October 23rd. The technology company reported $1.85 EPS for the quarter, topping the consensus estimate of $1.55 by $0.30. The business had revenue of $1.05 billion during the quarter, compared to analyst estimates of $1.01 billion. Plexus had a net margin of 2.82% and a return on equity of 9.51%. The company’s revenue for the quarter was up 2.6% on a year-over-year basis. During the same period in the prior year, the business earned $1.44 EPS.

Insider Transactions at Plexus

In related news, insider Michael J. Running sold 539 shares of the company’s stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $155.87, for a total value of $84,013.93. Following the transaction, the insider now owns 1,030 shares in the company, valued at $160,546.10. The trade was a 34.35 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Patrick John Jermain sold 2,643 shares of the firm’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $166.32, for a total transaction of $439,583.76. Following the sale, the chief financial officer now owns 21,959 shares of the company’s stock, valued at approximately $3,652,220.88. This represents a 10.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 34,091 shares of company stock valued at $5,334,885. Insiders own 2.39% of the company’s stock.

Hedge Funds Weigh In On Plexus

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Quarry LP boosted its holdings in shares of Plexus by 573.5% during the 3rd quarter. Quarry LP now owns 229 shares of the technology company’s stock valued at $31,000 after acquiring an additional 195 shares during the last quarter. Quest Partners LLC lifted its position in Plexus by 36,700.0% during the second quarter. Quest Partners LLC now owns 368 shares of the technology company’s stock valued at $38,000 after purchasing an additional 367 shares during the period. Point72 DIFC Ltd bought a new position in Plexus during the third quarter valued at approximately $51,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Plexus in the third quarter worth approximately $55,000. Finally, Farther Finance Advisors LLC grew its position in Plexus by 89.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 464 shares of the technology company’s stock worth $63,000 after purchasing an additional 219 shares during the period. 94.45% of the stock is owned by institutional investors.

About Plexus

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.