Stock To Watch: Plantronics, Inc. (NYSE:PLT)


The leading market experts have placed a mean price target of $50.00 on Plantronics, Inc. (NYSE:PLT) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.78 a share for the upcoming quarter and $3.08 for the current fiscal. Technical View The technical analysis of Plantronics, Inc. Common Stock plainly substantiates that the 50-day moving average of Plantronics, Inc. Common Stock is $44.37, and stock is hovering 2.32 or +5.23% distant from $44.37. It is noted that the 200-day MA is $40.89, and Plantronics, Inc. Common Stock stock is $5.80 or +14.18% off from this point. Plantronics, Inc. (NYSE:PLT) 52-week high is $58.73 and the 52-week low is $32.13. This explains if the stock moves $-12.04, it will post a 52-week high. In event of $+45.32% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Plantronics, Inc. Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Plantronics, Inc. (NYSE:PLT) ratio came in at 23.82. The stock last ended the trading session at $46.69 and registered a market cap of $1.50B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Plantronics, Inc. (NYSE:PLT) PEG ratio is at 1.00.

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