Plantronics, Inc. (PLT) Pops to Record High

June 29, 2018 - By Lena Young

Plantronics, Inc. (NYSE:PLT) Corporate Logo

Big Money Sentiment increased to 1.11 in 2018 Q1. It has change of 0.05, from 2017Q4’s 1.06. The ratio improved due to Plantronics, Inc. positioning: 16 sold and 66 reduced. 33 funds acquired stakes and 58 increased stakes. Investors holded 29.76 million in 2017Q4 but now own 28.74 million shares or 3.41% less.
Suntrust Banks stated it has 70,675 shs. Swiss Fincl Bank holds 0% of its capital in Plantronics, Inc. (NYSE:PLT) for 58,400 shs. The New York-based Teton has invested 0.07% in Plantronics, Inc. (NYSE:PLT). Guggenheim Cap Ltd holds 0% of its capital in Plantronics, Inc. (NYSE:PLT) for 5,980 shs. Rhumbline Advisers owns 0.01% invested in Plantronics, Inc. (NYSE:PLT) for 71,164 shs. Aperio Grp Ltd Com reported 0.01% of its capital in Plantronics, Inc. (NYSE:PLT). Mackay Shields Limited Liability has 83,200 shs. Fuller And Thaler Asset Management holds 0% or 800 shs in its capital. Amundi Pioneer Asset Management owns 1,458 shs or 0% of their US capital. 4.86M are held by Primecap Co Ca. Valley Natl Advisers has 0% invested in Plantronics, Inc. (NYSE:PLT) for 15 shs. California Public Employees Retirement System has invested 0.01% in Plantronics, Inc. (NYSE:PLT). New York State Teachers Retirement Systems invested in 0.01% or 80,106 shs. Parallax Volatility Advisers L P holds 0% or 34 shs. Pennsylvania-based Vanguard Gp has invested 0.01% in Plantronics, Inc. (NYSE:PLT).

Plantronics, Inc. had 14 selling transactions and 0 insider purchases since January 31, 2018. This’s net activity of $1.37 million. The insider SARKAR SHANTANU sold 1,151 shs worth $66,556. Strayer Pamela J sold $258,732 worth of stock. On Wednesday, January 31 Shares for $146,300 were sold by DEXHEIMER BRIAN S. 4,293 shs were sold by HAMMANN GREGGORY C, worth $329,895 on Thursday, May 31. MOHR MARSHALL sold $199,577 worth of stock.

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 Barchart.com. Plantronics, Inc. (NYSE:PLT) has $2.56B MC. At our $81.23 target, the company worth will be $153.48 million more.

The stock decreased 1.05% or $0.81 during the last trading session, reaching $76.63.Currently Plantronics, Inc. is uptrending after 39.78% change in last June 29, 2017. PLT has also 63,205 shares volume. PLT outperformed the S&P 500 by 27.21%.

On July, 26 Plantronics, Inc. (NYSE:PLT)’s earnings report is anticipated by WallStreet, as reported by RTT. Analysts predict $0.49 earnings per share. That’s $0.03 down or 5.77 % from 2017’s earnings of $0.52. This could be $16.36 million profit for PLT assuming the current $0.49 earnings per share will become reality. -42.35 % negative EPS growth is what analysts predict. $0.85 earnings per share was published 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”. (NYSE:PLT) has 100% bullish analysts. 6 are the (NYSE:PLT)’s ratings reports on Jun 29, 2018 according to StockzIntelligence Inc. On Wednesday, January 31 the rating was maintained by Northland Capital with “Buy”. In Thursday, March 29 report Sidoti upgraded the stock to “Buy” rating. On Tuesday, January 2 Sidoti upgraded Plantronics, Inc. (NYSE:PLT) to “Buy” rating. In Thursday, January 11 report Northland Capital maintained it with “Buy” rating and $60.0 target. The company rating was maintained by Roth Capital on Wednesday, January 31. On Thursday, February 1 the firm has “Neutral” rating given by Sidoti.

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