Plantronics, Inc. (PLT) Clibs to All-Time High at $76.63

June 29, 2018 - By Tyler Harlow

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 increased due to Plantronics, Inc. positioning: 16 sold and 66 reduced. 33 funds amassed positions and 58 increased positions. Investors holded 29.76 million in 2017Q4 but now own 28.74 million shares or 3.41% less.
Disciplined Growth Invsts Incorporated Mn, a Minnesota-based fund reported 1.87 million shs. 128,600 were reported by California Employees Retirement. Los Angeles Capital Mngmt And Equity Rech Inc reported 56,039 shs stake. Moreover, Barrow Hanley Mewhinney Strauss Ltd has 0.01% invested in Plantronics, Inc. (NYSE:PLT) for 85,384 shs. Mason Street Advsr Limited Liability Corp has invested 0.02% in Plantronics, Inc. (NYSE:PLT). Meeder Asset reported 16,615 shs. Neuberger Berman Grp Inc holds 0% in Plantronics, Inc. (NYSE:PLT) or 4,118 shs. D E Shaw Com holds 0% or 60,705 shs. Whittier Trust Of Nevada Incorporated has 0.02% invested in Plantronics, Inc. (NYSE:PLT) for 4,486 shs. 50,985 were accumulated by Gotham Asset Mgmt Limited Liability Com. Sg Americas Secs Limited stated it has 11,513 shs or 0.01% of all its holdings. Cornerstone Advsrs reported 16 shs. Moreover, Parallax Volatility Advisers Lp has 0% invested in Plantronics, Inc. (NYSE:PLT). First Manhattan owns 8 shs. Ubs Asset Mngmt Americas Inc invested 0% in Plantronics, Inc. (NYSE:PLT).

Plantronics, Inc. registered $1.37 million net activity with 0 insider purchases and 14 selling transactions since January 31, 2018. 2,500 shs valued at $146,300 were sold by DEXHEIMER BRIAN S on Wednesday, January 31. On Wednesday, May 9 $200,016 worth of Plantronics, Inc. (NYSE:PLT) was sold by TSEU MARVIN. Another trade for 3,000 shs valued at $199,577 was made by MOHR MARSHALL on Tuesday, May 8. $258,732 worth of Plantronics, Inc. (NYSE:PLT) was sold by Strayer Pamela J on Monday, May 7. Another trade for 4,293 shs valued at $329,895 was made by HAMMANN GREGGORY C on Thursday, May 31.

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.

PLT touched $76.63 during the last trading session after $0.81 change.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 is awaited Plantronics, Inc. (NYSE:PLT)’s earnings report, Zacks reports. Analysts predict 5.77 % diference or $0.49 from the $0.52 EPS from 2017. In case of $0.49 EPS PLT’s profit could be $16.36 million. -42.35 % negative EPS growth is what analysts predict. $0.85 EPS was announced for last quarter.

Plantronics, Inc. (NYSE:PLT) Ratings Coverage

A total of 3 analysts rate Plantronics Inc. (NYSE:PLT) as follows: 3 “Buy”, 0 “Hold” and 0 “Sell”. Тherefore 100% are bullish. (NYSE:PLT) has 6 ratings reports on Jun 29, 2018 according to StockzIntelligence. On Thursday, January 11 the firm earned “Buy” rating by Northland Capital. On Wednesday, January 31 the rating was maintained by Roth Capital with “Buy”. On Thursday, March 29 the stock of Plantronics, Inc. (NYSE:PLT) has “Buy” rating given by Sidoti. On Thursday, February 1 the rating was downgraded by Sidoti to “Neutral”. The stock rating was upgraded by Sidoti to “Buy” on Tuesday, January 2. On Wednesday, January 31 the stock of Plantronics, Inc. (NYSE:PLT) has “Buy” rating given by Northland Capital.

Another two news for Plantronics, Inc. (NYSE:PLT) were recently announced 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 announced 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 valued at $2.56 billion. The firm also makes and markets specialty telephone products under the Clarity brand.The P/E ratio is 281.73. 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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