PLXS - Plexus Corp Stock Price, Fair Value and News

109.52USD+0.64 (+0.59%)Delayed

Market Summary

USD109.52+0.64

Delayed

0.59%

PLXS Alerts

5 major insider sales recently.

Big fall in earnings (Y/Y)

PLXS Stock Price

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PLXS RSI Chart

PLXS Valuation

Market Cap

3.0B

Price/Earnings (Trailing)

29.55

Price/Sales (Trailing)

0.75

EV/EBITDA

12.17

Price/Free Cashflow

34.34

PLXS Price/Sales (Trailing)

PLXS Profitability

EBT Margin

2.94%

Return on Equity

8.06%

Return on Assets

3.1%

Free Cashflow Yield

2.91%

PLXS Fundamentals

PLXS Revenue

Revenue (TTM)

4.0B

Rev. Growth (Yr)

-9.7%

Rev. Growth (Qtr)

-1.6%

PLXS Earnings

Earnings (TTM)

101.5M

Earnings Growth (Yr)

-60.24%

Earnings Growth (Qtr)

-44.42%

Breaking Down PLXS Revenue

Last 7 days

1.5%

Last 30 days

16.9%

Last 90 days

14.8%

Trailing 12 Months

25.2%

How does PLXS drawdown profile look like?

PLXS Financial Health

Current Ratio

1.51

Debt/Equity

0.15

Debt/Cashflow

1.03

PLXS Investor Care

Buy Backs (1Y)

0.94%

Diluted EPS (TTM)

3.63

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	4.0B	0	0	0
2023	4.3B	4.3B	4.2B	4.1B
2022	3.4B	3.5B	3.8B	4.1B
2021	3.5B	3.4B	3.4B	3.4B
2020	3.2B	3.3B	3.4B	3.4B
2019	3.1B	3.1B	3.2B	3.3B
2018	2.7B	2.8B	2.9B	3.0B
2017	2.6B	2.5B	2.5B	2.6B
2016	2.6B	2.6B	2.6B	2.6B
2015	2.6B	2.7B	2.7B	2.6B
2014	2.2B	2.3B	2.4B	2.5B
2013	2.3B	2.3B	2.2B	2.2B
2012	2.2B	2.3B	2.3B	2.3B
2011	2.2B	2.2B	2.2B	2.2B
2010	1.8B	1.9B	2.0B	2.1B
2009	0	1.7B	1.6B	1.7B
2008	0	0	1.8B	0

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Plexus Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 08, 2024	frisch steven j.	sold	-75,736	108	-700	president & chief strategy off
May 07, 2024	frisch steven j.	sold	-276,970	106	-2,600	president & chief strategy off
May 07, 2024	jermain patrick john	sold	-214,000	107	-2,000	exec. vp & cfo
May 07, 2024	tan victor (pang hau)	sold	-106,800	106	-1,000	regional president - apac
May 06, 2024	frisch steven j.	sold	-271,018	106	-2,554	president & chief strategy off
May 03, 2024	ninivaggi angelo michael jr	sold	-230,985	102	-2,250	exec vp, cao, gen coun & secy
May 02, 2024	tan victor (pang hau)	sold	-205,002	102	-2,000	regional president - apac
May 02, 2024	kelsey todd p.	sold	-103,500	103	-1,000	ceo
May 02, 2024	jermain patrick john	sold	-182,000	104	-1,750	exec. vp & cfo
May 01, 2024	kelsey todd p.	sold	-431,884	101	-4,248	ceo

Which funds bought or sold PLXS recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-5.17	-527,937	2,607,080	-%
May 16, 2024	Tidal Investments LLC	added	39.99	59,138	318,974	-%
May 16, 2024	COMERICA BANK	added	22.53	537,894	7,757,870	0.03%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-71.86	-915,586	300,011	-%
May 15, 2024	Voya Investment Management LLC	reduced	-17.88	-332,947	856,699	-%
May 15, 2024	BARCLAYS PLC	reduced	-40.98	-2,366,000	2,539,000	-%
May 15, 2024	SILVERCREST ASSET MANAGEMENT GROUP LLC	reduced	-14.72	-20,975,000	62,199,400	0.42%
May 15, 2024	BANK OF AMERICA CORP /DE/	reduced	-6.56	-3,024,920	13,720,000	-%
May 15, 2024	PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO	reduced	-10.39	-425,824	1,562,250	0.01%
May 15, 2024	UBS ASSET MANAGEMENT AMERICAS LLC	added	13.37	-20,797	3,519,050	-%

Are Funds Buying or Selling PLXS?

Are funds buying PLXS calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own PLXS

No. of Funds

Unveiling Plexus Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	12.53%	3,440,878	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	6.2%	1,714,459	SC 13G/A
Jan 22, 2024	blackrock inc.	16.6%	4,557,632	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	6.7%	1,839,272	SC 13G/A
Feb 09, 2023	vanguard group inc	11.68%	3,229,318	SC 13G/A
Jan 23, 2023	blackrock inc.	16.5%	4,553,763	SC 13G/A
Feb 10, 2022	vanguard group inc	11.15%	3,122,105	SC 13G/A
Feb 08, 2022	dimensional fund advisors lp	6.5%	1,810,426	SC 13G/A
Jan 27, 2022	blackrock inc.	15.7%	4,410,139	SC 13G/A
Jan 25, 2022	blackrock inc.	15.7%	4,410,139	SC 13G/A

Recent SEC filings of Plexus Corp

View All Filings

Date Filed	Form Type	Document
May 14, 2024	4	Insider Trading
May 13, 2024	4	Insider Trading
May 10, 2024	144	Notice of Insider Sale Intent
May 09, 2024	4	Insider Trading
May 09, 2024	4	Insider Trading
May 08, 2024	144	Notice of Insider Sale Intent
May 08, 2024	144	Notice of Insider Sale Intent
May 08, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading

Peers (Alternatives to Plexus Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AAPL	2.9T	381.6B	13.05%	8.50%	29.01	7.63	-0.90%	6.43%
APH	79.2B	12.8B	18.32%	73.26%	38.89	6.17	1.52%	6.35%
GLW	30.3B	12.4B	14.17%	13.04%	49.07	2.45	-9.51%	-33.28%
FTV	27.2B	6.1B	-3.77%	17.13%	30.2	4.43	3.71%	17.79%
FLEX	11.8B	28.1B	4.34%	21.12%	11.7	0.42	-5.94%	26.86%
MID-CAP
CGNX	8.2B	847.2M	22.04%	-8.33%	82.44	9.7	-8.39%	-42.67%
ARW	7.0B	31.3B	7.85%	6.15%	9.82	0.22	-14.93%	-46.67%
BMI	5.8B	740.8M	28.88%	40.20%	56.51	7.8	25.07%	42.99%
AVT	4.8B	24.7B	14.45%	25.08%	8.44	0.19	-6.09%	-33.76%
ESE	2.8B	988.8M	12.19%	14.65%	28.58	2.84	8.64%	13.26%
SMALL-CAP
CNXN	1.8B	2.8B	10.03%	54.73%	21.81	0.65	-10.09%	0.74%
BHE	1.5B	2.8B	37.18%	85.46%	22.52	0.53	-4.25%	-5.27%
GPRO	246.3M	986.2M	-7.39%	-59.95%	-0.68	0.25	-6.21%	-5303.34%
CPSH	25.8M	26.4M	2.30%	-40.07%	33.65	0.98	-2.48%	-64.63%
AEY	22.4M	56.7M	-36.44%	-0.66%	-3.8	0.59	-41.04%	-726.48%

Plexus Corp News

Latest updates

Plexus Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-1.6%	967	983	1,024	1,022	1,071	1,094	1,124	981	889	817	843	814	881	830	913	857	767	852	810	800	789
Gross Profit	-0.1%	88.00	88.00	97.00	94.00	103	101	107	94.00	77.00	70.00	79.00	74.00	91.00	79.00	89.00	83.00	61.00	79.00	78.00	71.00	71.00
S&GA Expenses	10.6%	48.00	43.00	43.00	42.00	46.00	44.00	45.00	44.00	41.00	38.00	37.00	36.00	38.00	32.00	39.00	37.00	38.00	39.00	39.00	37.00	37.00
EBITDA Margin	-8.3%	0.06*	0.06*	0.06*	0.06*	0.07*	0.06*	0.06*	0.06*	0.06*	0.07*	0.07*	0.07*	-	-	-	-	-	-	-	-	-
Interest Expenses	8.9%	8.00	8.00	8.00	8.00	8.00	7.00	6.00	4.00	3.00	3.00	3.00	3.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	3.00
Income Taxes	-51.8%	3.00	6.00	6.00	2.00	7.00	7.00	6.00	6.00	4.00	3.00	6.00	5.00	5.00	5.00	8.00	6.00	1.00	3.00	-3.39	5.00	4.00
Earnings Before Taxes	-45.6%	19.00	35.00	46.00	17.00	48.00	49.00	57.00	43.00	31.00	27.00	39.00	33.00	46.00	42.00	45.00	42.00	14.00	34.00	33.00	30.00	29.00
EBT Margin	-17.6%	0.03*	0.04*	0.04*	0.04*	0.05*	0.04*	0.04*	0.04*	0.04*	0.04*	0.05*	0.05*	-	-	-	-	-	-	-	-	-
Net Income	-44.4%	16.00	29.00	40.00	16.00	41.00	42.00	50.00	37.00	27.00	23.00	33.00	28.00	42.00	36.00	38.00	36.00	13.00	31.00	37.00	25.00	25.00
Net Income Margin	-17.4%	0.03*	0.03*	0.03*	0.03*	0.04*	0.04*	0.04*	0.03*	0.03*	0.04*	0.04*	0.04*	-	-	-	-	-	-	-	-	-
Free Cashflow	304.9%	65.00	-31.68	66.00	-11.47	80.00	-71.88	-16.98	-42.04	53.00	-122	-11.65	31.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.8%	3,277	3,305	3,321	3,419	3,382	3,395	3,393	3,204	2,990	2,710	2,462	2,321	2,237	2,272	2,290	2,289	2,095	2,110	2,001	2,016	2,001
Current Assets	-0.7%	2,631	2,650	2,672	2,799	2,780	2,814	2,816	2,654	2,435	2,161	1,931	1,812	1,727	1,758	1,779	1,788	1,595	1,593	1,538	1,558	1,549
Cash Equivalents	14.3%	265	232	256	253	270	248	275	278	309	218	271	307	295	357	388	300	227	255	226	205	184
Inventory	-3.6%	1,519	1,575	1,562	1,642	1,650	1,645	1,603	1,561	1,374	1,186	972	875	772	764	763	820	766	736	701	757	802
Net PPE	-	-	-	-	-	-	-	-	-	-	-	-	381	379	382	384	380	382	388	382	381	374
Liabilities	-1.0%	2,017	2,038	2,107	2,235	2,200	2,245	2,297	2,146	1,949	1,666	1,434	1,301	1,223	1,265	1,312	1,344	1,203	1,202	1,135	1,155	1,125
Current Liabilities	-0.4%	1,737	1,744	1,813	1,941	1,918	1,954	2,006	1,861	1,659	1,366	1,129	1,002	919	955	1,004	1,038	901	890	866	876	845
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	187	188	187
Shareholder's Equity	-0.6%	1,260	1,267	1,214	1,184	1,182	1,150	1,096	1,058	1,041	1,044	1,028	1,020	1,014	1,007	977	945	893	908	866	861	875
Retained Earnings	0.9%	1,757	1,741	1,711	1,671	1,655	1,614	1,572	1,522	1,484	1,457	1,434	1,401	1,373	1,331	1,295	1,257	1,222	1,209	1,178	1,142	1,117
Additional Paid-In Capital	-0.1%	663	664	661	656	652	654	652	647	641	643	640	633	627	625	622	615	607	609	597	592	586
Shares Outstanding	-0.1%	27.00	28.00	27.00	27.00	28.00	28.00	28.00	28.00	28.00	28.00	29.00	29.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	2,600	-	-	-	2,300	-	-	-	2,600	-	-	-	1,400	-	-	-	1,800

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	2998.5%	87,796	-3,029	89,837	18,829	105,950	-48,794	-392	-21,195	84,326	-88,979	11,065	42,653	82,143	6,716	117,849	47,111	-29,304	74,712	108,268	41,564	-1,191
Share Based Compensation	45.0%	7,507	5,178	5,761	4,057	5,799	5,683	5,082	5,817	6,080	6,357	6,716	6,225	6,473	5,349	6,913	6,542	5,779	5,046	5,980	5,426	5,176
Cashflow From Investing	21.0%	-22,589	-28,591	-15,592	-30,097	-26,033	-21,582	-16,428	-20,875	-30,888	-33,370	-22,633	-11,192	-7,381	-15,767	-9,314	-10,552	-16,593	-13,392	-16,097	-19,979	-29,609
Cashflow From Financing	-644.7%	-31,393	5,763	-70,316	-3,985	-57,862	39,438	17,147	14,347	37,758	70,043	-24,742	-18,607	-135,714	-24,822	-22,778	35,641	18,735	-33,056	-71,060	-391	21,482
Buy Backs	-	17,568	-	3,515	13,554	12,407	11,470	3,480	11,777	25,004	10,131	29,250	27,302	29,129	22,771	21,908	-	13,154	6,330	31,405	44,407	56,246

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PLXS Income Statement

2024-03-30

Consolidated Statements of Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 30, 2024	Apr. 01, 2023	Mar. 30, 2024	Apr. 01, 2023
Income Statement [Abstract]
Net sales	$ 966,900	$ 1,070,823	$ 1,949,507	$ 2,164,748
Cost of sales	878,837	967,830	1,773,304	1,960,556
Gross profit	88,063	102,993	176,203	204,192
Selling and administrative expenses	47,555	46,051	90,537	89,909
Restructuring and other charges, net	11,038	0	11,038	0
Operating income	29,470	56,942	74,628	114,283
Other income (expense):
Interest expense	(8,293)	(8,287)	(15,910)	(15,181)
Interest income	817	759	1,625	1,693
Miscellaneous, net	(3,027)	(1,612)	(6,529)	(3,556)
Income before income taxes	18,967	47,802	53,814	97,239
Income tax expense	2,728	6,958	8,360	14,205
Net income	$ 16,239	$ 40,844	$ 45,454	$ 83,034
Earnings per share:
Basic (in dollars per share)	$ 0.59	$ 1.48	$ 1.65	$ 3.00
Diluted (in dollars per share)	$ 0.58	$ 1.45	$ 1.62	$ 2.94
Weighted average shares outstanding:
Basic (in shares)	27,542	27,661	27,513	27,650
Diluted (in shares)	27,929	28,184	27,982	28,273
Other comprehensive (loss) income:
Derivative instrument and other fair value adjustments	$ (1,609)	$ 2,924	$ 6,788	$ 11,363
Foreign currency translation adjustments	(3,645)	3,152	8,844	16,929
Other comprehensive (loss) income	(5,254)	6,076	15,632	28,292
Total comprehensive income	$ 10,985	$ 46,920	$ 61,086	$ 111,326

PLXS Balance Sheet

2024-03-30

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 30, 2024	Sep. 30, 2023
Current assets:
Cash and cash equivalents	$ 265,053	$ 256,233
Restricted cash	41	421
Accounts receivable, net of allowances of $2,078 and $1,914, respectively	645,523	661,542
Contract assets	131,174	142,297
Inventories	1,518,729	1,562,037
Prepaid expenses and other	70,531	49,693
Total current assets	2,631,051	2,672,223
Property, plant and equipment, net	493,803	492,036
Operating lease right-of-use assets	63,106	69,363
Deferred income taxes	62,665	62,590
Other assets	26,032	24,960
Total non-current assets	645,606	648,949
Total assets	3,276,657	3,321,172
Current liabilities:
Current portion of long-term debt and finance lease obligations	245,964	240,205
Accounts payable	627,427	646,610
Advanced payments from customers	716,172	760,351
Accrued salaries and wages	72,880	94,099
Other accrued liabilities	74,392	71,402
Total current liabilities	1,736,835	1,812,667
Long-term debt and finance lease obligations, net of current portion	192,025	190,853
Accrued income taxes payable	17,198	31,382
Long-term operating lease liabilities	33,915	38,552
Deferred income taxes	4,429	4,350
Other liabilities	32,493	28,986
Total non-current liabilities	280,060	294,123
Total liabilities	2,016,895	2,106,790
Commitments and contingencies
Shareholders’ equity:
Preferred stock, $0.01 par value, 5,000 shares authorized, none issued or outstanding	0	0
Common stock, $0.01 par value, 200,000 shares authorized, 54,487 and 54,297 shares issued, respectively, and 27,470 and 27,466 shares outstanding, respectively	545	543
Additional paid-in capital	663,130	661,270
Common stock held in treasury, at cost, 27,017 and 26,831 shares, respectively	(1,151,997)	(1,134,429)
Retained earnings	1,756,782	1,711,328
Accumulated other comprehensive loss	(8,698)	(24,330)
Total shareholders’ equity	1,259,762	1,214,382
Total liabilities and shareholders’ equity	$ 3,276,657	$ 3,321,172

About Plexus Corp

Plexus Corp., together with its subsidiaries, 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. Plexus Corp. was founded in 1979 and is headquartered in Neenah, Wisconsin.

CEO	Mr. Todd P. Kelsey
WEBSITE	plexus.com
INDUSTRY	Consumer Electronics
EMPLOYEES	25000

Plexus Corp Frequently Asked Questions

What is the ticker symbol for Plexus Corp? What does PLXS stand for in stocks?

PLXS is the stock ticker symbol of Plexus Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Plexus Corp (PLXS)?

As of Fri May 17 2024, market cap of Plexus Corp is 3 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PLXS stock?

You can check PLXS's fair value in chart for subscribers.

What is the fair value of PLXS stock?

You can check PLXS's fair value in chart for subscribers. The fair value of Plexus Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Plexus Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PLXS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Plexus Corp a good stock to buy?

The fair value guage provides a quick view whether PLXS is over valued or under valued. Whether Plexus Corp is cheap or expensive depends on the assumptions which impact Plexus Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PLXS.

What is Plexus Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, PLXS's PE ratio (Price to Earnings) is 29.55 and Price to Sales (PS) ratio is 0.75. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PLXS PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Plexus Corp's stock?

In the past 10 years, Plexus Corp has provided 0.105 (multiply by 100 for percentage) rate of return.