Plantronics, Inc. (PLT) Hit All-Time High at $76.63 on Jun, 29

June 29, 2018 - By Rebecca Betts

Plantronics, Inc. (NYSE:PLT) Corporate Logo

Big Money Sentiment increased to 1.11 in Q1 2018. It has change of 0.05, from 2017Q4’s 1.06. The ratio increased due to Plantronics, Inc. positioning: 16 sold and 66 reduced. 33 funds acquired positions and 58 increased positions. Investors holded 29.76 million in 2017Q4 but now own 28.74 million shares or 3.41% less.
Moreover, Profit Investment Mgmt Limited Liability Company has 2.09% invested in Plantronics, Inc. (NYSE:PLT) for 40,701 shs. Amer Century has invested 0% in Plantronics, Inc. (NYSE:PLT). Engineers Gate Manager L P holds 0.1% of its capital in Plantronics, Inc. (NYSE:PLT) for 24,179 shs. Moreover, Lord Abbett Ltd has 0.07% invested in Plantronics, Inc. (NYSE:PLT). First Mercantile Trust Company has 0.02% invested in Plantronics, Inc. (NYSE:PLT) for 1,810 shs. Federated Pa holds 15,013 shs. Whittier Company holds 26,400 shs. Old Natl Financial Bank In has 0.02% invested in Plantronics, Inc. (NYSE:PLT) for 5,681 shs. Aqr Capital Management Limited Liability Co invested in 41,907 shs or 0% of the stock. 27,224 are owned by Mutual Of America Capital Management Ltd Liability Corporation. Riverhead Cap Mngmt Ltd Limited Liability Company invested in 3,521 shs or 0.01% of the stock. 5,733 are held by Element Capital Mngmt Ltd Com. Ameritas Incorporated holds 12,649 shs. Jefferies Ltd accumulated 50,836 shs or 0.02% of the stock. Bluemountain Cap Mngmt Lc accumulated 10,522 shs.

Plantronics, Inc. had 14 sales and 0 buys since January 31, 2018. This’s net activity of $1.37 million. DEXHEIMER BRIAN S sold $31,450 worth of Plantronics, Inc. (NYSE:PLT) or 500 shs on Monday, April 16. On Thursday, March 29 1,120 shs were sold by SARKAR SHANTANU, worth $67,200. 3,903 shs valued at $258,732 were sold by Strayer Pamela J on Monday, May 7. Another trade for 3,000 shs valued at $200,016 was made by TSEU MARVIN on Wednesday, May 9. The insider HAMMANN GREGGORY C sold $329,895.

Plantronics, Inc. (NYSE:PLT) having $76.63 price per share and $81.23 target reached all time high on Jun, 29. The all time high was reported by Plantronics, Inc. (NYSE:PLT) has $2.56B MC. At our $81.23 target, the company worth will be $153.48 million more.

PLT reached $76.63 during the last trading session after $0.81 change.Plantronics, Inc. has volume of 63,205 shares. Since June 29, 2017 PLT has risen 39.78% and is uptrending. PLT outperformed by 27.21% the S&P 500.

On July, 26 Plantronics, Inc. (NYSE:PLT)’s earnings release is expected by WallStreet, Zacks reports. Analysts have expectation on stock’s earnings per share of $0.49. That’s down 5.77 % from last year’s $0.52 earnings per share. If $0.49 is reported, PLT’s profit will hit $16.36M for 39.10 P/E. Analysts at Wall Street see Plantronics, Inc.’s -42.35 % negative EPS growth compared to $0.85 earnings per share for previous quarter.

Plantronics, Inc. (NYSE:PLT) Ratings Coverage

In total 3 analysts cover Plantronics Inc. (NYSE:PLT). “Buy” rating has 3, “Sell” are 0, while 0 are “Hold”. 100% are bullish. 6 are the (NYSE:PLT)’s analyst reports since January 2, 2018 according to StockzIntelligence Inc. On Thursday, January 11 the rating was maintained by Northland Capital with “Buy”. On Tuesday, January 2 the stock has “Buy” rating by Sidoti. On Thursday, February 1 the stock has “Neutral” rating by Sidoti. The stock rating was upgraded by Sidoti to “Buy” on Thursday, March 29. On Wednesday, January 31 Roth Capital maintained the shares of PLT in report with “Buy” rating. On Wednesday, January 31 Northland Capital maintained Plantronics, Inc. (NYSE:PLT) with “Buy” rating.

Another two news for Plantronics, Inc. (NYSE:PLT) were briefly brought out by: on June 26, 2018 with title “Plantronics Recognized by Leesman as a Leader in Employee Satisfaction and Workplace Effectiveness for Its …”. The other‘s article was titled “A New Global Study Finds the Noise Epidemic Worsening at Work, With Employees in Noisy Offices More Likely to …” and brought out on June 12, 2018.

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 $2.56 billion. The firm also makes and markets specialty telephone products under the Clarity brand.281.73 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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