New insider activity at Plexus ( (PLXS) ) has taken place on February 13, 2025.
Regional President – EMEA Frank Zycinski recently sold 1,200 shares of Plexus stock, generating a total of $169,008 from the transaction.
Recent Updates on PLXS stock
In the last 24 hours, Plexus has seen significant developments as Stifel resumed coverage with a Hold rating, citing the company’s strong positioning across diverse end markets and focus on profitability. Despite robust program wins and a strong start to fiscal 2025, challenges in the Aerospace and Defense, Healthcare/Life Sciences, and Industrial sectors due to demand softness have been noted. Plexus reported strong Q1 2025 financial results with revenues of $976 million, a non-GAAP operating margin of 6.0%, and an EPS of $1.73, exceeding guidance. However, revenue declines in certain sectors highlight the need for strategic adjustments. Looking forward, Plexus is optimistic about achieving significant EPS growth in fiscal 2025, projecting Q2 revenues between $960 million and $1 billion, with continued revenue expansion and focus on shareholder value.
More about Plexus
YTD Price Performance: -9.27%
Average Trading Volume: 198,745
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.83B
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