Company profile

Ticker
PLXS
Exchange
Website
CEO
Todd P. Kelsey
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
SEC CIK
IRS number
391344447

PLXS stock data

(
)

Calendar

15 Nov 19
26 Jan 20
28 Sep 20

News

Company financial data Financial data

Quarter (USD) Sep 19 Jun 19 Mar 19 Dec 18
Revenue 810.2M 799.64M 789.05M 765.54M
Net income 36.83M 24.8M 24.76M 22.23M
Diluted EPS 1.23 0.81 0.79 0.69
Net profit margin 4.55% 3.10% 3.14% 2.90%
Operating income 37.53M 34.4M 33.17M 36.95M
Net change in cash -112.71M 14.37M -4.77M 89.6M
Cash on hand 85.69M 198.4M 184.03M 188.8M
Cost of revenue 732.41M 728.61M 718.42M 693.16M
Annual (USD) Sep 19 Sep 14
Revenue 3.16B -108.37M
Net income 108.62M 87.21M
Diluted EPS 3.5 2.52
Net profit margin 3.43% -80.48%
Operating income 142.06M 100.61M
Net change in cash -64.82M
Cash on hand 85.69M 150.51M
Cost of revenue 2.87B 2.15B

Financial data from Plexus earnings reports

94.6% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 167 170 -1.8%
Opened positions 13 16 -18.8%
Closed positions 16 28 -42.9%
Increased positions 47 45 +4.4%
Reduced positions 67 63 +6.3%
13F shares
Current Prev Q Change
Total value 4.09B 3.8B +7.5%
Total shares 27.68M 27.62M +0.2%
Total puts 33.1K 0 +Infinity%
Total calls 71.22K 25.92K +174.8%
Total put/call ratio 0.5 0.0 +Infinity%
Largest owners
Shares Value Change
BLK BlackRock 4.41M $275.43M -1.0%
Vanguard 3.15M $196.98M -2.2%
Disciplined Growth Investors 2.84M $177.75M +1.9%
Dimensional Fund Advisors 2.49M $155.63M -0.8%
BEN Franklin Resources 1.74M $109.07M +6.1%
SAMG Silvercrest Asset Management 1.09M $67.93M -0.9%
NTRS Northern Trust 1.04M $64.79M +1.6%
STT State Street 909.66K $56.86M -4.7%
Massachusetts Financial Services 708.16K $44.27M +22.5%
Fisher Asset Management 689.4K $43.09M -0.1%
Largest transactions
Shares Bought/sold Change
BNP Paribas Asset Management Holding 544.52K +544.52K NEW
Victory Capital Management 32.57K -464.68K -93.4%
Massachusetts Financial Services 708.16K +130.06K +22.5%
Millennium Management 127.56K +111.42K +690.1%
Cooke & Bieler 626.71K +102.96K +19.7%
BEN Franklin Resources 1.74M +100.63K +6.1%
Voya Investment Management 321.03K -99.86K -23.7%
Vanguard 3.15M -69.29K -2.2%
MS Morgan Stanley 101.66K -68.03K -40.1%
GS The Goldman Sachs Group, Inc. 109.37K +65.58K +149.8%

Financial report summary

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Risks
  • Our net sales and operating results may vary significantly from period to period.
  • Plexus is a multinational corporation and operating in multiple countries exposes us to increased risks, including adverse local developments and currency risks.
  • Our customers do not make long-term commitments and may cancel or change their production requirements.
  • We have a complex business model, and our failure to properly manage or execute on that model, as well as an inability to maintain our engineering, technological and manufacturing process expertise, could adversely affect our operations, financial results and reputation.
  • We experience raw material and component shortages and price fluctuations.
  • Our services involve other inventory risk.
  • Our products and services are for end markets that require technologically advanced products.
  • Challenges associated with the engagement of new customers or programs, or the provision of new services, could affect our operations and financial results.
  • Start-up costs and inefficiencies related to new, recent or transferred programs can adversely affect our operating results.
  • Failure to manage periods of growth or contraction may seriously harm our business.
  • An inability to successfully manage the procurement, development, implementation or execution of information systems, or to adequately maintain these systems and their security, as well as to protect data and other confidential information, may adversely affect our business and reputation.
  • Changes in tax laws, potential tax disputes, negative or unforeseen tax consequences or further developments affecting our deferred tax assets could adversely affect our results.
  • We and our customers are subject to increasingly extensive government regulations and industry standards; a failure to comply with current and future regulations and standards could have an adverse effect on our business, customer relationships, reputation and profitability.
  • A failure to comply with customer-driven policies and standards, and third-party certification requirements or standards, including those related to social responsibility, could adversely affect our business and reputation.
  • Changes to financial accounting rules or standards, or challenges to our interpretation or application of the rules by regulators, may have a material adverse effect on our reported financial results or on the way we conduct business.
  • There may be problems with the products we design, manufacture or service that could result in liability claims against us, reduced demand for our services and damage to our reputation.
  • Intellectual property infringement claims against our customers or us could harm our business.
  • Increased competition may result in reduced demand or reduced prices for our services.
  • We depend on our workforce, including certain key personnel, and the loss of key personnel or other personnel disruptions, including the inability to hire and retain sufficient personnel, may harm our business.
  • Natural disasters, breaches of security and other events outside our control, and the ineffective management of such events, may harm our business.
  • We may fail to secure or maintain necessary additional financing or capital.
  • We may fail to successfully complete future acquisitions, as well as strategic arrangements, and may not successfully integrate acquired operations or recognize the anticipated benefits, which could adversely affect our operating results.
Management Discussion
  • Net sales. Fiscal 2019 net sales increased $290.9 million, or 10.1%, as compared to fiscal 2018.
  • Net sales are analyzed by management by geographic segment, which reflects the Company's reportable segments, and by market sector. Management measures operational performance and allocates resources on a geographic segment basis. The Company’s global business development strategy is based on our targeted market sectors.
  • AMER. Net sales for fiscal 2019 in the AMER segment increased $210.4 million, or 17.3%, as compared to fiscal 2018. The increase in net sales was driven by a $181.7 million increase in production ramps of new products for existing customers, a $13.5 million increase in production ramps for new customers and overall net increased customer end-market demand. The increase was partially offset by a $16.4 million decrease for end-of-life products and a $6.0 million reduction due to disengagements with customers.
Content analysis ?
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