Plexus Corp. (NASDAQ:PLXS) is set to announce its earnings results after the market closes on Wednesday, October 25th. Analysts expect the company to announce earnings of $0.82 per share for the quarter.

Plexus Corp. (NASDAQ:PLXS) last posted its quarterly earnings data on Wednesday, July 19th. The technology company reported $0.74 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.72 by $0.02. The company had revenue of $618.80 million during the quarter, compared to analyst estimates of $608.95 million. Plexus Corp. had a return on equity of 10.76% and a net margin of 4.07%. The firm’s quarterly revenue was down 7.3% on a year-over-year basis. During the same quarter last year, the company earned $0.82 earnings per share. On average, analysts expect Plexus Corp. to post $3.22 EPS for the current fiscal year and $3.46 EPS for the next fiscal year.

Shares of Plexus Corp. (PLXS) opened at 58.46 on Wednesday. Plexus Corp. has a 1-year low of $44.35 and a 1-year high of $59.55. The company has a market cap of $1.96 billion, a price-to-earnings ratio of 19.74 and a beta of 0.95. The company’s 50-day moving average price is $54.79 and its 200 day moving average price is $53.30.

In other Plexus Corp. news, insider Oliver K. Mihm sold 2,749 shares of the stock in a transaction dated Thursday, July 20th. The shares were sold at an average price of $54.87, for a total transaction of $150,837.63. Following the completion of the transaction, the insider now owns 6,223 shares of the company’s stock, valued at approximately $341,456.01. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Ronnie Darroch sold 26,757 shares of the stock in a transaction dated Monday, July 24th. The shares were sold at an average price of $54.94, for a total transaction of $1,470,029.58. Following the transaction, the vice president now directly owns 9,397 shares of the company’s stock, valued at approximately $516,271.18. The disclosure for this sale can be found here. Insiders have sold a total of 88,880 shares of company stock valued at $4,770,932 in the last three months. Insiders own 4.30% of the company’s stock.

A number of brokerages have issued reports on PLXS. J P Morgan Chase & Co lowered Plexus Corp. from an “overweight” rating to a “neutral” rating and set a $62.00 price target for the company. in a research note on Tuesday, October 10th. ValuEngine lowered Plexus Corp. from a “buy” rating to a “hold” rating in a research note on Friday, July 14th. Zacks Investment Research lowered Plexus Corp. from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. BidaskClub lowered Plexus Corp. from a “sell” rating to a “strong sell” rating in a research note on Wednesday, August 16th. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $54.00 price target on shares of Plexus Corp. in a research note on Tuesday, September 12th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $57.00.

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About Plexus Corp.

Plexus Corp. (Plexus) and its subsidiaries are engaged in the electronic manufacturing services (EMS) industry. The Company delivers end-to-end solutions for customers in the Americas (AMER), Europe, Middle East, and Africa (EMEA) and Asia-Pacific (APAC) regions. The Company’s segments are AMER, APAC and EMEA.

Earnings History for Plexus Corp. (NASDAQ:PLXS)

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