Latest news with #Plexus
Yahoo
22-07-2025
- Business
- Yahoo
Plexus (PLXS) Reports Q2: Everything You Need To Know Ahead Of Earnings
Electronic manufacturing services company Plexus (NASDAQ:PLXS) will be announcing earnings results this Wednesday afternoon. Here's what to look for. Plexus met analysts' revenue expectations last quarter, reporting revenues of $980.2 million, up 1.4% year on year. It was a mixed quarter for the company, with an impressive beat of analysts' EPS estimates but a slight miss of analysts' EPS guidance for next quarter estimates. Is Plexus a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Plexus's revenue to grow 6.3% year on year to $1.02 billion, a reversal from the 6% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.71 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Plexus has missed Wall Street's revenue estimates four times over the last two years. Looking at Plexus's peers in the tech hardware & electronics segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Jabil delivered year-on-year revenue growth of 15.7%, beating analysts' expectations by 11.2%, and TD SYNNEX reported revenues up 7.2%, topping estimates by 4.4%. Jabil traded up 13.1% following the results while TD SYNNEX was also up 7.9%. Read our full analysis of Jabil's results here and TD SYNNEX's results here. There has been positive sentiment among investors in the tech hardware & electronics segment, with share prices up 4.5% on average over the last month. Plexus is up 1.4% during the same time and is heading into earnings with an average analyst price target of $153.40 (compared to the current share price of $135.56). Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-06-2025
- Business
- Yahoo
1 Cash-Heavy Stock on Our Buy List and 2 to Keep Off Your Radar
Companies with more cash than debt can be financially resilient, but that doesn't mean they're all strong investments. Some lack leverage because they struggle to grow or generate consistent profits, making them unattractive borrowers. Just because a business has cash doesn't mean it's a good investment. Luckily, StockStory is here to help you separate the winners from the losers. That said, here is one company with a net cash position that can leverage its balance sheet to grow and two that may struggle. Net Cash Position: $138.1 million (10.3% of Market Cap) Formed in 2011 with the merger of Membase and CouchOne, Couchbase (NASDAQ:BASE) is a database-as-a-service platform that allows enterprises to store large volumes of semi-structured data. Why Does BASE Give Us Pause? Offerings struggled to generate meaningful interest as its average billings growth of 6.6% over the last year did not impress Customer acquisition costs take a while to recoup, making it difficult to justify sales and marketing investments that could increase revenue Negative free cash flow raises questions about the return timeline for its investments Couchbase is trading at $24.37 per share, or 5.5x forward price-to-sales. Dive into our free research report to see why there are better opportunities than BASE. Net Cash Position: $100.8 million (2.7% of Market Cap) With over 20,000 team members across 26 global facilities, Plexus (NASDAQ:PLXS) designs, manufactures, and services complex electronic products for companies in aerospace/defense, healthcare, and industrial sectors. Why Does PLXS Worry Us? Customers postponed purchases of its products and services this cycle as its revenue declined by 3.6% annually over the last two years Earnings growth over the last two years fell short of the peer group average as its EPS only increased by 5.2% annually Ability to fund investments or reward shareholders with increased buybacks or dividends is restricted by its weak free cash flow margin of 2.9% for the last five years Plexus's stock price of $135.53 implies a valuation ratio of 18.6x forward P/E. To fully understand why you should be careful with PLXS, check out our full research report (it's free). Net Cash Position: $766.1 million (8.9% of Market Cap) With its technology playing a key role in the massive 1.2 gigawatt Noor Abu Dhabi solar farm project, Nextracker (NASDAQ:NXT) is a provider of solar tracker systems that help solar panels follow the sun. Why Should You Buy NXT? Backlog has averaged 46.5% growth over the past two years, showing it has a pipeline of unfulfilled orders that will support revenue in the future Free cash flow margin increased by 13.6 percentage points over the last five years, giving the company more capital to invest or return to shareholders Returns on capital are climbing as management makes more lucrative bets At $58.45 per share, Nextracker trades at 15x forward P/E. Is now the right time to buy? See for yourself in our full research report, it's free. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-05-2025
- Business
- Yahoo
Why Is Plexus (PLXS) Up 4.1% Since Last Earnings Report?
A month has gone by since the last earnings report for Plexus (PLXS). Shares have added about 4.1% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Plexus due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. It turns out, fresh estimates have trended downward during the past month. Currently, Plexus has a strong Growth Score of A, though it is lagging a lot on the Momentum Score front with an F. However, the stock was allocated a grade of A on the value side, putting it in the top quintile for this investment strategy. Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Plexus has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Plexus Corp. (PLXS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-05-2025
- Business
- Yahoo
3 Services Stocks with Mounting Challenges
Business services providers thrive by solving complex operational challenges for their clients, allowing them to focus on their secret sauce. Still, investors are uneasy as firms face challenges from AI-driven disruptors and tightening corporate budgets. These doubts have caused the industry to lag recently as services stocks have collectively shed 2.4% over the past six months. This drawdown was disheartening since the S&P 500 stood firm. While some companies have durable competitive advantages that enable them to grow in any landscape, the odds aren't great for the ones we're analyzing today. On that note, here are three services stocks we're steering clear of. Market Cap: $3.59 billion With over 20,000 team members across 26 global facilities, Plexus (NASDAQ:PLXS) designs, manufactures, and services complex electronic products for companies in aerospace/defense, healthcare, and industrial sectors. Why Are We Hesitant About PLXS? Sales tumbled by 3.6% annually over the last two years, showing market trends are working against its favor during this cycle Earnings growth over the last two years fell short of the peer group average as its EPS only increased by 1.7% annually Poor free cash flow margin of 2.9% for the last five years limits its freedom to invest in growth initiatives, execute share buybacks, or pay dividends Plexus's stock price of $132.70 implies a valuation ratio of 18.2x forward P/E. Read our free research report to see why you should think twice about including PLXS in your portfolio, it's free. Market Cap: $5.75 billion With over five decades of experience supporting national security missions, Science Applications International Corporation (NASDAQ:SAIC) provides technical, engineering, and enterprise IT services primarily to U.S. government agencies and military branches. Why Do We Think SAIC Will Underperform? Products and services are facing significant end-market challenges during this cycle as sales have declined by 1.5% annually over the last two years Demand will likely be soft over the next 12 months as Wall Street's estimates imply tepid growth of 2.7% Low returns on capital reflect management's struggle to allocate funds effectively SAIC is trading at $121.92 per share, or 13.4x forward P/E. Dive into our free research report to see why there are better opportunities than SAIC. Market Cap: $1.16 billion Pioneering a vertical-scrolling format optimized for mobile devices, WEBTOON Entertainment (NASDAQ:WBTN) operates a global platform where creators publish serialized web-comics and web-novels that users can read in bite-sized episodes. Why Are We Wary of WBTN? Number of monthly active users has disappointed over the past two years, indicating weak demand for its offerings Historically negative EPS casts doubt for cautious investors and clouds its long-term earnings prospects Ability to fund investments or reward shareholders with increased buybacks or dividends is restricted by its weak free cash flow margin of -0.8% for the last three years At $8.76 per share, WEBTOON trades at 21.1x forward EV-to-EBITDA. Check out our free in-depth research report to learn more about why WBTN doesn't pass our bar. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today for free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Barnama
14-05-2025
- Business
- Barnama
Plexus Secures $6 Million To Accelerate AI-Driven Growth Strategy
MELBOURNE, Australia, May 14 (Bernama) -- Plexus, the AI-powered legal automation platform transforming how in-house legal teams operate, has secured over $6 million in new funding to accelerate global expansion and AI-led innovation. The raise, led by existing shareholders and Seattle-based Lighter Capital, marks Plexus' first institutional partnership. The funds will fuel expansion into key international markets, accelerate AI product delivery, and onboard the next wave of exceptional talent.
