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Plexus Growth Forecast Stands Out in StockStory Analysis
StockStory highlighted Plexus’s five-year sales and earnings growth, while analysts expect revenue to rise over the next 12 months.
Key takeaways
- Plexus revenue grew at a 6% annualized rate over five years, according to StockStory.
- Analysts expect revenue to rise 20.6% over the next 12 months, StockStory reported.
StockStory pointed to Plexus’s revenue and earnings growth in a bullish analysis of the electronics company. It said sales grew at a 6% annualized rate over five years, while earnings per share rose at a 10.8% rate.
The publisher also reported that sell-side analysts expect revenue to increase 20.6% over the next 12 months. That is above Plexus’s annualized revenue growth over the prior five years.
As of 16:48 UTC on Oct. 8, Plexus shares traded at $265.66, down 0.34% since the previous close.
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Further reading
This article was produced with the help of AI technology. Source: Yahoo Finance
