Since 1979, Plexus has been partnering with companies to create the products that build a better world. The company is formed by a team of approximately 19,000 individuals who are dedicated to providing global Design and Development, Supply Chain Solutions, New Product Introduction, Manufacturing, and Aftermarket Services. Plexus is a global leader that specializes in serving customers in industries with highly complex products and demanding regulatory environments. Plexus delivers customer service excellence to leading global companies by providing innovative, comprehensive solutions throughout the product's lifecycle.
Company profile
Ticker
PLXS
Exchange
Website
CEO
Todd Kelsey
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Flex • Jabil • Sanmina • TTM • Benchmark Electronics • CTS • Kimball Electronics • Key Tronic • Sigmatron International • SMTC ...
SEC CIK
Corporate docs
Subsidiaries
Plexus Aerospace, Defense and Security Services, LLC • Plexus Asia, Ltd. • Plexus Corp. (UK) Limited • Plexus Corp. Limited • Plexus Deutschland GmbH • Plexus Electronica S. de R.L. de C.V. • Plexus (Hangzhou) Co., Ltd. • Plexus International • Plexus Intl. Sales & Logistics, LLC • Plexus Management Services Corporation ...
IRS number
391344447
PLXS stock data
Analyst ratings and price targets
Current price
Average target
$103.33
Low target
$86.00
High target
$116.00
Sidoti & Co.
Upgraded
$116.00
JP Morgan
Maintains
$86.00
Needham
Maintains
$108.00
Latest filings (excl ownership)
8-K
Plexus Announces Fiscal First Quarter Financial Results
25 Jan 23
DEFA14A
Additional proxy soliciting materials
16 Dec 22
DEF 14A
Definitive proxy
16 Dec 22
10-K
2022 FY
Annual report
18 Nov 22
8-K
Plexus Announces Fiscal Fourth Quarter and Fiscal Year 2022 Financial Results
26 Oct 22
8-K
Regulation FD Disclosure
18 Aug 22
10-Q
2022 Q3
Quarterly report
5 Aug 22
8-K
Plexus Announces Fiscal Third Quarter Financial Results
27 Jul 22
8-K
Entry into a Material Definitive Agreement
13 Jun 22
SD
Conflict minerals disclosure
26 May 22
Transcripts
PLXS
Earnings call transcript
2023 Q1
26 Jan 23
PLXS
Earnings call transcript
2022 Q4
29 Oct 22
PLXS
Earnings call transcript
2022 Q3
29 Jul 22
PLXS
Earnings call transcript
2022 Q2
28 Apr 22
PLXS
Earnings call transcript
2022 Q1
27 Jan 22
PLXS
Earnings call transcript
2021 Q4
28 Oct 21
PLXS
Earnings call transcript
2021 Q3
22 Jul 21
PLXS
Earnings call transcript
2021 Q2
22 Apr 21
PLXS
Earnings call transcript
2021 Q1
21 Jan 21
PLXS
Earnings call transcript
2020 Q4
1 Nov 20
Financial summary
| Quarter (USD) | Oct 22 | Jul 22 | Apr 22 | Jan 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Oct 22 | Oct 21 | Oct 20 | Sep 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 275.47 mm | 275.47 mm | 275.47 mm | 275.47 mm | 275.47 mm | 275.47 mm |
| Cash burn (monthly) | 786.67 k | (no burn) | (no burn) | (no burn) | 130.67 k | 2.19 mm |
| Cash used (since last report) | 3.23 mm | n/a | n/a | n/a | 536.75 k | 8.98 mm |
| Cash remaining | 272.24 mm | n/a | n/a | n/a | 274.93 mm | 266.49 mm |
| Runway (months of cash) | 346.1 | n/a | n/a | n/a | 2104.1 | 121.9 |
Institutional ownership, Q3 2022
92.3% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 219 |
| Opened positions | 27 |
| Closed positions | 17 |
| Increased positions | 68 |
| Reduced positions | 85 |
| 13F shares | Current |
|---|---|
| Total value | 2.23 bn |
| Total shares | 25.51 mm |
| Total puts | 62.40 k |
| Total calls | 69.30 k |
| Total put/call ratio | 0.9 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 4.34 mm | $379.85 mm |
| Vanguard | 3.22 mm | $281.56 mm |
| Disciplined Growth Investors | 2.29 mm | $200.64 mm |
| Dimensional Fund Advisors | 1.82 mm | $159.01 mm |
| Earnest Partners | 1.25 mm | $109.28 mm |
| Fiduciary Management | 1.16 mm | $101.60 mm |
| Victory Capital Management | 989.76 k | $86.66 mm |
| BNP Paribas Asset Management Holding | 950.62 k | $83.24 mm |
| Silvercrest Asset Management | 559.55 k | $48.99 mm |
| Massachusetts Financial Services | 550.40 k | $48.19 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 31 Jan 23 | Joann M Eisenhart | Common Stock, $.01 par value | Option exercise | Acquire M | No | No | 0 | 1,918 | 0.00 | 16,535 |
| 31 Jan 23 | Joann M Eisenhart | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 1,918 | 0.00 | 0 |
| 31 Jan 23 | Rainer Jueckstock | Common Stock, $.01 par value | Option exercise | Acquire M | No | No | 0 | 1,918 | 0.00 | 24,570 |
| 31 Jan 23 | Rainer Jueckstock | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 1,918 | 0.00 | 0 |
| 31 Jan 23 | Dean A Foate | Common Stock, $.01 par value | Option exercise | Acquire M | No | No | 0 | 1,918 | 0.00 | 114,259 |
| 31 Jan 23 | Dean A Foate | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 1,918 | 0.00 | 0 |
| 31 Jan 23 | Martinez Randy J | Common Stock, $.01 par value | Option exercise | Acquire M | No | No | 0 | 1,918 | 0.00 | 1,918 |
| 31 Jan 23 | Martinez Randy J | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 1,918 | 0.00 | 0 |
| 31 Jan 23 | Kelly Peter | Common Stock, $.01 par value | Option exercise | Acquire M | No | No | 0 | 1,918 | 0.00 | 32,950 |
| 31 Jan 23 | Kelly Peter | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 1,918 | 0.00 | 0 |
News
Top 5 Tech Stocks That May Rally
31 Jan 23
Benzinga's Top Ratings Upgrades, Downgrades For January 27, 2023
27 Jan 23
4 Analysts Have This to Say About Plexus
27 Jan 23
Sidoti & Co. Upgrades Plexus to Buy, Announces $116 Price Target
27 Jan 23
JP Morgan Maintains Underweight on Plexus, Lowers Price Target to $86
27 Jan 23