plexus corp (PLXS:NASDAQ GS)
plexus corp (PLXS) Snapshot
|
Open
$29.19
|
Previous Close
$29.04
|
|
|
Day High
$29.49
|
Day Low
$28.98
|
|
|
52 Week High
09/14/12 - $34.24
|
52 Week Low
11/7/12 - $19.63
|
|
|
Market Cap
1.0B
|
Average Volume 10 Days
188.5K
|
|
|
EPS TTM
$2.31
|
Shares Outstanding
34.3M
|
|
|
EX-Date
--
|
P/E TM
12.7x
|
|
|
Dividend
--
|
Dividend Yield
--
|
Related News
plexus corp (PLXS) Related Businessweek News
No Related Businessweek News Foundplexus corp (PLXS) Details
Plexus Corp., together with its subsidiaries, provides electronic manufacturing services. It offers product development and conceptualization; product design and value-engineering solutions, including program management, feasibility studies, product conceptualization, specification development for product features and functionality, circuit design, field programmable gate array design, printed circuit board layout, embedded software design, mechanical design, and test specifications development and product verification testing; commercialize solutions, such as prototyping, new product introduction, design for supply chain, test development, and transition management; manufacturing solutions; and fulfillment and logistics solutions. The company also provides sustaining solutions, which include sustaining engineering solutions comprising failure and root cause analysis, redesign for cost reduction, and regulatory compliance surveillance and remediation; sustaining supply chain solutions consisting of reverse logistics management, logistics optimization, component lifecycle analysis, and alternate component sourcing and supplier qualification; and sustaining manufacturing solutions, including receiving and diagnostic analysis on returned goods, warranty and non-warranty repair, refurbishment and upgrade to outdated products, and advanced field replenishment strategies. In addition, it offers value-add solutions, such as engineering change-order management, cost reduction redesign, component obsolescence management, product feature expansion, test enhancement, and component re-sourcing. The company provides its solutions to companies in the networking/communications, healthcare/life sciences, industrial/commercial, and defense/security/aerospace sectors in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region. Plexus Corp. was founded in 1979 and is headquartered in Neenah, Wisconsin.
plexus corp (PLXS) Top Compensated Officers
plexus corp (PLXS) Key Developments
Neenah Scott Weber was promoted to vice president-quality at Plexus Corp. He previously served as the director of quality.
Sensity Systems outlined its Lighting Manufacturer Partner (LMP) program where partners will be able to integrate Sensity's NetSense platform into other LED outdoor or warehouse luminaires. Teaming with Plexus that join Sensity's program will be able to design and install Sensity's NetSense technology into their own fixtures, enabling a Light Sensory Network (LSN) to be created and used by their customers. Plexus Corp. has teamed with Sensity as its first electronics manufacturing services (EMS) partner to help make the LMP program a reality.
Plexus Corp. announced unaudited consolidated earnings results for the second quarter and six months ended March 30, 2013. For the quarter, the company announced net sales of $557,824,000 compared to $573,470,000 for the same period a year ago. Operating income was $23,188,000 compared to $25,768,000 for the same period a year ago. Income before income taxes was $19,931,000 compared to $22,391,000 for the same period a year ago. Net income was $17,975,000 or $0.52 per basic and diluted share compared to $19,958,000 or $0.56 per diluted share for the same period a year ago. For the three months ended March 30, 2013 cash flow provided by operations was approximately $54 million less capital expenditures of approximately $27 million, resulting in positive free cash flow of approximately $27 million. The company revenue performance was below the midpoint of guidance as certain customers in networking communications sector continued to struggle with end market demand. For the six months, the company announced net sales of $1,088,356,000 compared to $1,103,124,000 for the same period a year ago. Operating income was $44,672,000 compared to $49,530,000 for the same period a year ago. Income before income taxes was $37,617,000 compared to $42,031,000 for the same period a year ago. Net income was $34,591,000 or $1.00 per diluted share compared to $37,828,000 or $1.07 per diluted share for the same period a year ago. ROIC was 12.7% compared to 14.4% for the same period a year ago. The company provided earnings guidance for the third quarter of fiscal year 2013. The company established fiscal third quarter 2013 revenue guidance of $550 million to $580 million. At that level of revenue the company anticipates diluted EPS of $0.55 to $0.62, excluding any restructuring charges and including approximately $0.08 per share of stock-based compensation expense. The midpoint of this guidance range suggests that the company’s fiscal third quarter revenue would be up slightly compared to the company’s fiscal second quarter. The company currently anticipates $1.0 million to $1.5 million of restructuring charges in fiscal third quarter, primarily for severance related to the disengagement of Juniper Networks. Gross margin is expected to be in the range of 9.4% to 9.6%, up from gross margin of 9.3% in the fiscal second quarter. The company provided tax rate guidance for the full year of fiscal 2013. The company is estimating a tax rate for fiscal 2013 of 6% to 8%, in line with fiscal 2012 tax rate of 7%.
| Recently Viewed | |||
| PLXS:US | $29.35 USD | +0.31 | |
| Company | Last | Change |
| Analogic Corp | $82.35 USD | +0.99 |
| Benchmark Electronics Inc | $19.65 USD | +0.39 |
| OSI Systems Inc | $66.34 USD | +1.49 |
| Power-One Inc | $6.33 USD | 0.00 |
| Raven Industries Inc | $34.43 USD | -0.71 |
| View Industry Companies | ||
Industry Analysis
PLXS
Industry Average
| Valuation | PLXS | Industry Range |
| Price/Earnings | 17.3x |
|
| Price/Sales | 0.4x |
|
| Price/Book | 1.5x |
|
| Price/Cash Flow | 16.8x |
|
| TEV/Sales | 0.2x |
|
Post a JobJobs
- Chicago, IL | PlexusPosted: May 18
- Scottsdale, AZ | Plexus WorldwidePosted: May 09
- Deer Park, IL | Plexus GroupPosted: May 07
- Deer Park, IL | Plexus GroupPosted: May 07
Sponsored Financial Commentaries
Sponsored Links
To contact PLEXUS CORP, please visit www.plexus.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.








