Stock Rating Upgrade
During the last several trading days the Value Trend Rating for Plexus Corp (NASDAQ: PLXS) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Plexus Corp (NASDAQ: PLXS) stock closed at $126.37 on 7/29/24 after a decline of -2.7%. This decline was accompanied by normal trading volume. The stock has risen 9.6% during the last week and has performed in line with the market over the last nine months.
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). This VT Rating improved in recent days from D previously. This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Plexus has a slightly negative Appreciation Score of 38 and a neutral Power Rating of 53, resulting in the Low Neutral Value Trend Rating.
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