Last Updated: 09 Nov 2024
Executive Summary
Plexus Corp (PLXS) is a leading global provider of electronic manufacturing services (EMS). The company has a strong financial position with a market capitalization of $4.52 billion and an EBITDA of $265.65 million. PLXS has a trailing PE ratio of 41.49 and a forward PE ratio of N/A. The stock has a 52-week high of $169.41 and a 52-week low of $90.18. The latest stock price is $165.97.
Company Overview
Plexus Corp. is headquartered in Neenah, Wisconsin. The company provides a range of EMS services, including design, engineering, manufacturing, and testing. PLXS serves a variety of industries, including aerospace, defense, industrial, medical, and telecommunications. The company has a global presence with operations in North America, Europe, and Asia.
Fundamental Analysis
PLXS has a strong financial position with a healthy balance sheet and strong cash flow. The company's revenue has grown steadily in recent years, and the company is expected to continue to grow in the future. PLXS has a high profit margin and a strong return on assets. The company's stock is undervalued relative to its peers and has a low beta.
Technical Analysis
The technical analysis of PLXS shows that the stock is in a bullish trend. The stock has been trading above its 50-day and 200-day moving averages. The stock is also forming a bullish pennant pattern, which is a sign of strength.
Short Term Outlook
The short-term outlook for PLXS is positive. The stock is expected to continue to trade higher in the near term. The stock is likely to test its 52-week high of $169.41 in the coming weeks.
Long Term Outlook
The long-term outlook for PLXS is also positive. The company is expected to continue to grow in the future. The stock is likely to reach its analyst target price of $153.2 in the next 12 months.
Analyst Recommendations
The majority of analysts have a buy rating on PLXS. The average analyst target price is $153.2.
