FY2025 Earnings Forecast for Plexus Issued By Zacks Research

Plexus Corp. (NASDAQ:PLXS) – Investment analysts at Zacks Research cut their FY2025 EPS estimates for shares of Plexus in a report issued on Tuesday, July 1st. Zacks Research analyst V. Doshi now anticipates that the technology company will post earnings of $5.90 per share for the year, down from their previous estimate of $5.93. The consensus estimate for Plexus’ current full-year earnings is $5.90 per share. Zacks Research also issued estimates for Plexus’ Q2 2026 earnings at $1.51 EPS, FY2026 earnings at $6.48 EPS, Q1 2027 earnings at $1.73 EPS and Q3 2027 earnings at $1.98 EPS.

Several other equities research analysts have also recently commented on PLXS. Stifel Nicolaus set a $145.00 price objective on shares of Plexus in a research report on Thursday, April 24th. Needham & Company LLC reiterated a “buy” rating and issued a $162.00 price target (down from $172.00) on shares of Plexus in a research note on Friday, April 25th. Wall Street Zen upgraded shares of Plexus from a “buy” rating to a “strong-buy” rating in a research note on Monday, June 30th. Finally, Benchmark reiterated a “buy” rating and issued a $160.00 price target on shares of Plexus in a research note on Wednesday, June 4th. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $155.67.

Plexus Trading Up 0.8%

PLXS opened at $140.15 on Friday. The stock has a market capitalization of $3.80 billion, a P/E ratio of 27.27 and a beta of 0.80. Plexus has a 12 month low of $102.00 and a 12 month high of $172.89. The firm’s fifty day simple moving average is $131.59 and its 200 day simple moving average is $136.38. The company has a current ratio of 1.53, a quick ratio of 0.71 and a debt-to-equity ratio of 0.07.

Plexus (NASDAQ:PLXS) last posted its quarterly earnings data on Wednesday, April 23rd. The technology company reported $1.66 EPS for the quarter, beating the consensus estimate of $1.54 by $0.12. The business had revenue of $980.17 million for the quarter, compared to analysts’ expectations of $980.07 million. Plexus had a net margin of 3.60% and a return on equity of 11.17%. The firm’s revenue was up 1.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.94 EPS.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Nomura Asset Management Co. Ltd. increased its stake in shares of Plexus by 45.5% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 320 shares of the technology company’s stock worth $50,000 after purchasing an additional 100 shares during the last quarter. Xponance Inc. increased its stake in shares of Plexus by 4.8% during the 1st quarter. Xponance Inc. now owns 2,315 shares of the technology company’s stock worth $297,000 after purchasing an additional 106 shares during the last quarter. Tocqueville Asset Management L.P. increased its stake in shares of Plexus by 1.8% during the 4th quarter. Tocqueville Asset Management L.P. now owns 5,907 shares of the technology company’s stock worth $924,000 after purchasing an additional 107 shares during the last quarter. Inspire Investing LLC increased its stake in shares of Plexus by 4.8% during the 1st quarter. Inspire Investing LLC now owns 2,682 shares of the technology company’s stock worth $344,000 after purchasing an additional 123 shares during the last quarter. Finally, Aquatic Capital Management LLC increased its stake in shares of Plexus by 134.0% during the 4th quarter. Aquatic Capital Management LLC now owns 234 shares of the technology company’s stock worth $37,000 after purchasing an additional 134 shares during the last quarter. 94.45% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Plexus

In other Plexus news, CAO Angelo Michael Ninivaggi, Jr. sold 2,058 shares of Plexus stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of $132.22, for a total value of $272,108.76. Following the sale, the chief accounting officer directly owned 26,133 shares in the company, valued at approximately $3,455,305.26. The trade was a 7.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Patrick John Jermain sold 4,328 shares of Plexus stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $132.29, for a total transaction of $572,551.12. Following the completion of the sale, the chief financial officer owned 25,637 shares in the company, valued at $3,391,518.73. The trade was a 14.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 12,032 shares of company stock worth $1,582,222. 1.76% of the stock is owned by insiders.

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.