For its fourth fiscal quarter (ending September 30), Plexus Corp (NASDAQ: PLXS) has reported E.P.S. of $1.52 compared to $1.47 a year ago. For the latest four quarters through September 30, E.P.S. were $4.08 versus $5.04 for the same period a year ago.
Recent Price Action
Plexus Corp (NASDAQ: PLXS) stock rose modestly by 0.6% on 10/23/24. The stock closed at $135.57. However, below average trading volume at 74% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months but is unchanged 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 B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Plexus has a slightly negative Appreciation Score of 39 but a very high Power Rating of 97, triggering the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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