Plantronics (NYSE: PLT) is one of 68 public companies in the “Communications & Networking” industry, but how does it weigh in compared to its peers? We will compare Plantronics to related businesses based on the strength of its profitability, valuation, institutional ownership, earnings, dividends, risk and analyst recommendations.
Risk and Volatility
Plantronics has a beta of 1.24, indicating that its stock price is 24% more volatile than the S&P 500. Comparatively, Plantronics’ peers have a beta of 1.11, indicating that their average stock price is 11% more volatile than the S&P 500.
Earnings and Valuation
This table compares Plantronics and its peers top-line revenue, earnings per share and valuation.
|Gross Revenue||NetIncome||Price/Earnings Ratio|
|Plantronics||$881.18 million||$82.59 million||20.68|
|Plantronics Competitors||$3.30 billion||$346.33 million||24.25|
Plantronics’ peers have higher revenue and earnings than Plantronics. Plantronics is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Plantronics pays an annual dividend of $0.60 per share and has a dividend yield of 1.2%. Plantronics pays out 24.7% of its earnings in the form of a dividend. As a group, “Communications & Networking” companies pay a dividend yield of 1.9% and pay out 47.9% of their earnings in the form of a dividend.
This table compares Plantronics and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Insider and Institutional Ownership
91.5% of Plantronics shares are owned by institutional investors. Comparatively, 64.6% of shares of all “Communications & Networking” companies are owned by institutional investors. 3.2% of Plantronics shares are owned by insiders. Comparatively, 12.1% of shares of all “Communications & Networking” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
This is a summary of current recommendations and price targets for Plantronics and its peers, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Plantronics presently has a consensus price target of $57.33, indicating a potential upside of 14.10%. As a group, “Communications & Networking” companies have a potential upside of 17.60%. Given Plantronics’ peers higher possible upside, analysts plainly believe Plantronics has less favorable growth aspects than its peers.
Plantronics beats its peers on 8 of the 15 factors compared.
Plantronics, Inc. (Plantronics) is engaged in the design, manufacture, and distribution of headsets for business and consumer applications, and other specialty products for the hearing impaired. The Company is a global designer, manufacturer and marketer of communications headsets, telephone headset systems, other communication endpoints and accessories for the business and consumer markets. The Company develops communication products for offices and contact centers, mobile devices, cordless phones, and computers and gaming consoles. Its product categories include Enterprise, which includes corded and cordless communication headsets, audio processors, and telephone systems, and Consumer, which includes Bluetooth and corded products for mobile device applications, personal computer (PC) and gaming headsets, and specialty products marketed for hearing impaired individuals. It offers its products under two brands: Plantronics and Clarity.
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