Plexus (NASDAQ:PLXS) Releases Q1 2025 Earnings Guidance

Plexus (NASDAQ:PLXS) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.520-1.670 for the period, compared to the consensus earnings per share estimate of 1.540. The company issued revenue guidance of $960.0 million-$1.0 billion, compared to the consensus revenue estimate of $1.0 billion. Plexus also updated its Q1 guidance to $1.52-$1.67 EPS.

Plexus Stock Down 2.6 %

Shares of PLXS traded down $3.70 during mid-day trading on Friday, hitting $141.19. 318,082 shares of the company traded hands, compared to its average volume of 128,867. Plexus has a 1-year low of $88.57 and a 1-year high of $153.60. The company has a quick ratio of 0.64, a current ratio of 1.47 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $3.84 billion, a PE ratio of 35.56 and a beta of 0.89. The business has a 50 day moving average of $130.82 and a 200 day moving average of $116.13.

Plexus (NASDAQ:PLXS) last issued its earnings results on Wednesday, October 23rd. The technology company reported $1.85 EPS for the quarter, beating analysts’ consensus estimates of $1.55 by $0.30. Plexus had a return on equity of 9.64% and a net margin of 2.82%. The firm had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same quarter in the prior year, the firm earned $1.44 earnings per share. Plexus’s revenue for the quarter was up 2.6% on a year-over-year basis. Equities research analysts anticipate that Plexus will post 3.74 EPS for the current year.

Wall Street Analyst Weigh In

PLXS has been the subject of a number of recent research reports. KeyCorp started coverage on shares of Plexus in a research report on Tuesday. They issued a “sector weight” rating for the company. Benchmark restated a “buy” rating and issued a $150.00 price objective on shares of Plexus in a report on Monday, October 21st. Finally, Needham & Company LLC increased their price target on Plexus from $144.00 to $162.00 and gave the company a “buy” rating in a research report on Friday. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, Plexus presently has an average rating of “Hold” and an average target price of $129.75.

Insiders Place Their Bets

In related news, CEO Todd P. Kelsey sold 3,000 shares of the stock in a transaction dated Wednesday, July 31st. The shares were sold at an average price of $128.40, for a total value of $385,200.00. Following the sale, the chief executive officer now directly owns 93,682 shares of the company’s stock, valued at approximately $12,028,768.80. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, CEO Todd P. Kelsey sold 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 31st. The shares were sold at an average price of $128.40, for a total value of $385,200.00. Following the completion of the transaction, the chief executive officer now owns 93,682 shares of the company’s stock, valued at $12,028,768.80. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Steven J. Frisch sold 6,565 shares of Plexus stock in a transaction on Wednesday, July 31st. The shares were sold at an average price of $128.11, for a total value of $841,042.15. Following the completion of the sale, the insider now directly owns 36,118 shares of the company’s stock, valued at approximately $4,627,076.98. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 20,113 shares of company stock worth $2,541,394. Company insiders own 2.39% of the company’s stock.

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.