During the last three months, 5 analysts shared their evaluations of Plexus , revealing diverse outlooks from bullish to bearish.

The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $109.8, a high estimate of $112.00, and a low estimate of $107.00. A 1.52% drop is evident in the current average compared to the previous average price target of $111.50.

Breaking Down Analyst Ratings: A Detailed Examination

In examining recent analyst actions, we gain insights into how financial experts perceive Plexus. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Plexus. This offers insight into analysts' perspectives on the current state of the company.

Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Plexus compared to the broader market.

Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Plexus's stock. This comparison reveals trends in analysts' expectations over time.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Plexus's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on Plexus analyst ratings.

All You Need to Know About Plexus

Plexus Corp ( PLXS ) is a U.S based Electronic Manufacturing Services company that provides a range of services, from conceptualization and design to fulfilling orders and providing sustaining solutions, such as replenishment and refurbishment. The company's segments comprise AMER, APAC,ge and EMEA.

Key Indicators: Plexus's Financial Health

Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.

Revenue Challenges: Plexus's revenue growth over 3 months faced difficulties. As of 31 December, 2023, the company experienced a decline of approximately -10.18%. This indicates a decrease in top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: Plexus's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.97% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): Plexus's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.35% ROE, the company effectively utilizes shareholder equity capital.

Return on Assets (ROA): Plexus's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.88% ROA, the company effectively utilizes its assets for optimal returns.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.38.

The Core of Analyst Ratings: What Every Investor Should Know

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

This article was generated by Benzinga's automated content engine and reviewed by an editor.