Plexus (NASDAQ:PLXS) Posts Quarterly Earnings Results, Misses Estimates By $0.10 EPS

Plexus (NASDAQ:PLXS) released its quarterly earnings results on Wednesday. The technology company reported $1.49 earnings per share for the quarter, missing analysts’ consensus estimates 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 Price Performance

NASDAQ:PLXS traded up $0.17 during trading hours on Wednesday, hitting $170.49. The company’s stock had a trading volume of 274,756 shares, compared to its average volume of 153,134. Plexus has a twelve month low of $90.18 and a twelve month high of $172.89. 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 stock has a fifty day simple moving average of $162.01 and a 200-day simple moving average of $141.04. The company has a market capitalization of $4.62 billion, a P/E ratio of 42.52 and a beta of 0.91.

Insiders Place Their Bets

In other Plexus news, CFO Patrick John Jermain sold 5,045 shares of the business’s stock in a transaction on Monday, October 28th. The shares were sold at an average price of $143.13, for a total transaction of $722,090.85. Following the sale, the chief financial officer now owns 24,602 shares of the company’s stock, valued at approximately $3,521,284.26. The trade was a 17.02 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Angelo Michael Ninivaggi, Jr. sold 3,113 shares of the company’s stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of $144.19, for a total transaction of $448,863.47. Following the transaction, the chief accounting officer now owns 35,323 shares of the company’s stock, valued at $5,093,223.37. This trade represents a 8.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 34,091 shares of company stock valued at $5,377,960. 1.76% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts have weighed in on PLXS shares. StockNews.com raised Plexus from a “hold” rating to a “buy” rating in a report on Monday, November 18th. Benchmark boosted their price target on Plexus from $150.00 to $165.00 and gave the company a “buy” rating in a research note on Monday, October 28th. 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. Stifel Nicolaus raised their target price on shares of Plexus from $136.00 to $150.00 and gave the company a “hold” rating in a report on Tuesday, December 10th. Finally, KeyCorp started coverage on shares of Plexus in a report on Tuesday, October 22nd. They set a “sector weight” rating for the company. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $159.00.

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.