Plexus Corp. (NASDAQ:PLXS) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 24, 2016
Boasting a price of $46.51, Plexus Corp. (NASDAQ:PLXS) traded -1.13% lower on the day. With the last stock price close up 9.25% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Plexus Corp. has recorded a 50-day average of $46.38 and a two hundred day average of $43.18. Volume of trade was down over the average, with 127,345 shares of PLXS changing hands under the typical 144,861
Zacks Investment Research has downgraded Plexus Corp. (NASDAQ:PLXS) to Hold in a statement released on Wednesday September 21, 2016.
With a total market value of $0, Plexus Corp. has price-earnings ratio of 19.90 with a one year low of $28.72 and a one year high of $47.94 .
A total of 6 equity analysts have released a ratings update on PLXS. zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $48.33.
Brief Synopsis About Plexus Corp. (NASDAQ:PLXS)
Plexus Corp. (Plexus) and its subsidiaries are engaged in the electronic manufacturing services (EMS) industry. Plexus 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. The Company is involved in providing electronics design, manufacturing and aftermarket services to companies with mid-to-low volume, higher complexity products. It delivers solutions to its customers through its product realization value stream. Its solutions include conceptualize, design, commercialize, manufacture, fulfill and sustain. The Company provides customer service to approximately 140 branded product companies in the networking/communications, healthcare/life sciences, industrial/commercial and defense/security/aerospace market sectors. It provides a range of aftermarket services, including repair, refurbishment and product support for products it manufactures.
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