Plantronics, Inc. (PLT) Reached 12-Month High on Apr, 16

April 16, 2018 - By Madeline Delgado

Plantronics, Inc. (NYSE:PLT) Corporate Logo

During 2017 Q4 the big money sentiment decreased to 1.06. That’s change of 0.13, from 2017Q3’s 1.19. 13 investors sold all, 69 reduced holdings as Plantronics, Inc. ratio dived. 49 increased stakes while 38 funds acquired stakes. Funds hold 29.76 million shares thus 0.41% more from 2017Q3’s 29.64 million shares.
Numeric Investors Ltd Co reported 0.12% in Plantronics, Inc. (NYSE:PLT). Bragg Financial has invested 0.37% in Plantronics, Inc. (NYSE:PLT). Cornerstone Incorporated invested in 0% or 16 shs. Illinois-based Envestnet Asset Mngmt Inc has invested 0% in Plantronics, Inc. (NYSE:PLT). Alliancebernstein Limited Partnership stated it has 0% of its capital in Plantronics, Inc. (NYSE:PLT). Foundry Ptnrs Ltd Liability Company invested in 266,520 shs. Texas Permanent School Fund stated it has 22,351 shs or 0.01% of all its holdings. Blackrock has invested 0.01% in Plantronics, Inc. (NYSE:PLT). Koch Indus owns 5,505 shs. C M Bidwell And Associate Ltd invested in 3,865 shs. Rhumbline Advisers holds 75,006 shs or 0.01% of its capital. Mutual Of America Management Limited Liability Corporation accumulated 0.02% or 28,194 shs. Chicago Equity Prns Lc accumulated 104,795 shs or 0.16% of the stock. California Pub Employees Retirement Systems accumulated 126,857 shs or 0.01% of the stock. Sg Americas Lc has invested 0.01% in Plantronics, Inc. (NYSE:PLT).

Plantronics, Inc. had 7 selling transactions and 0 insider buys since January 31, 2018. This’s net activity of $344,995. 2,500 shs were sold by DEXHEIMER BRIAN S, worth $146,300 on Wednesday, January 31.

Plantronics, Inc. (NYSE:PLT) having $62.58 price per share and $67.58 target hit one-year high. It was announced on Apr, 16 according to Barchart.com The company has $2.02B market cap. At $67.58 target, the company’s valuation could be $161.28M more.

PLT reached $62.575 on during the last trading session after $0.365 change.Plantronics, Inc. has volume of 26,491 shares. Since April 16, 2017 PLT has risen 2.93% and is uptrending. PLT underperformed by 8.62% the S&P 500.

Analysts await Plantronics, Inc. (NYSE:PLT) to report earnings on May, 7. They expect $0.62 earnings per share, up 1.64 % or $0.01 from last year’s $0.61 per share. PLT’s profit will be $19.97M for 25.23 P/E if the $0.62 EPS becomes a reality. After $0.77 actual earnings per share reported by Plantronics, Inc. for the previous quarter, Wall Street now forecasts -19.48 % negative EPS growth.

Plantronics, Inc. (NYSE:PLT) Ratings Coverage

In total 3 analysts cover Plantronics (NYSE:PLT). “Buy” rating has 3, “Sell” are 0, while 0 are “Hold”. 100% are bullish. 8 are the (NYSE:PLT)’s analyst reports since October 18, 2017 according to StockzIntelligence Inc. In Thursday, February 1 report Sidoti downgraded the stock to “Neutral” rating. The stock rating was maintained by Roth Capital with “Buy” on Wednesday, November 1. In Wednesday, January 31 report Roth Capital maintained the stock with “Buy” rating. On Wednesday, January 31 the firm earned “Buy” rating by Northland Capital. In Thursday, March 29 report Sidoti upgraded the stock to “Buy” rating. On Tuesday, January 2 the stock has “Buy” rating by Sidoti. On Wednesday, October 18 the rating was maintained by Northland Capital with “Buy”. On Thursday, January 11 the rating was maintained by Northland Capital with “Buy”.

Plantronics, Inc. designs, manufactures, and markets lightweight communications headsets, telephone headset systems, other communication endpoints, and accessories for the business and consumer markets under the Plantronics brand worldwide.The firm is valued at $2.02 billion. The firm also makes and markets specialty telephone products under the Clarity brand.230.06 is the P/E ratio. The Company’s primary products include corded and cordless communication headsets; audio processors; telephone systems; Bluetooth and corded products; personal computer and gaming headsets; and specialty products for hearing impaired individuals.

Plantronics, Inc. (NYSE:PLT) Institutional Investors Chart

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