On 7/25/24, Plexus Corp (NASDAQ: PLXS) stock enjoyed a major increase of 11.6%, closing at $129.59. Moreover, trading volume in this advance was exceptionally high at 355% of normal. The stock has performed in line with the market over the last nine months and has risen 8.6% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, PLXS is expected to continue to be a Value Builder.
Plexus has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Plexus has a neutral Power Rating of 46 and a neutral Appreciation Score of 43, leading to the Low Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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