Plantronics, Inc. (PLT) With $62.76 Price Forms Wedge Up Pattern

April 16, 2018 - By Yee Bell

Plantronics, Inc. (NYSE:PLT) Corporate Logo

During 2017 Q4 the big money sentiment decreased to 1.06. That’s change of 0.13, from 2017Q3’s 1.19. 13 investors sold all, 69 reduced holdings as Plantronics, Inc. ratio turned negative. 49 rose stakes while 38 funds amassed stakes. Funds hold 29.76 million shares thus 0.41% more from 2017Q3’s 29.64 million shares.
First Trust Advsr L P holds 27,673 shs. 157,202 were accumulated by Shell Asset Mngmt. Lsv Asset Mgmt reported 595,194 shs. Los Angeles Capital Mgmt Equity holds 83,474 shs. Commonwealth Of Pennsylvania School Empls Retrmt Sys invested in 0% or 4,830 shs. Ahl Partners Limited Liability Partnership has 0.05% invested in Plantronics, Inc. (NYSE:PLT) for 65,300 shs. Royal Bancorp Of Canada owns 878 shs. Deutsche Financial Bank Ag has 148,462 shs for 0% of their capital. 24,563 were reported by Gotham Asset Mngmt Ltd Liability Company. Moreover, Suntrust Banks Inc has 0.02% invested in Plantronics, Inc. (NYSE:PLT) for 68,412 shs. Primecap Communications Ca invested in 0.19% or 4.90 million shs. Principal Group reported 0.03% in Plantronics, Inc. (NYSE:PLT). Geode Cap Management Ltd Liability holds 0.01% or 410,648 shs in its capital. Parametric Associates Ltd Liability holds 0% or 79,772 shs. Teton Advsrs Incorporated has 12,800 shs.

Plantronics, Inc. had 7 insider sales and 0 buys since January 31, 2018. This’s net activity of $344,995. On Monday, March 5 $1,694 worth of stock was sold by SARKAR SHANTANU.

With $65.90 Target Plantronics, Inc. (PLT) shows an up wedge chart. That’s 5.00 % above today’s $62.76 stock price. $101.10M more could be PLT valuation at $65.90 stock price.

PLT reached $62.76 on during the last trading session after $0.56 change.Plantronics, Inc. has volume of 18,034 shares. Since April 16, 2017 PLT has risen 2.93% and is uptrending. PLT underperformed by 8.62% the S&P 500.

Analysts await Plantronics, Inc. (NYSE:PLT) to report earnings on May, 7. They expect $0.62 EPS, up 1.64 % or $0.01 from last year’s $0.61 per share. PLT’s profit will be $19.98M for 25.31 P/E if the $0.62 EPS becomes a reality. After $0.77 actual EPS reported by Plantronics, Inc. for the previous quarter, Wall Street now forecasts -19.48 % negative EPS growth.

Plantronics, Inc. (NYSE:PLT) Ratings Coverage

In total 3 analysts cover Plantronics (NYSE:PLT). “Buy” rating has 3, “Sell” are 0, while 0 are “Hold”. 100% are bullish. 8 are the (NYSE:PLT)’s analyst reports since October 18, 2017 according to StockzIntelligence Inc. On Thursday, February 1 the stock has “Neutral” rating by Sidoti. On Thursday, January 11 the stock has “Buy” rating by Northland Capital. In Wednesday, January 31 report Northland Capital maintained it with “Buy” rating and $64.0 target. On Thursday, March 29 the firm has “Buy” rating by Sidoti given. In Tuesday, January 2 report Sidoti upgraded the stock to “Buy” rating. In Wednesday, January 31 report Roth Capital maintained the stock with “Buy” rating. On Wednesday, November 1 the stock of Plantronics, Inc. (NYSE:PLT) has “Buy” rating given by Roth Capital. On Wednesday, October 18 the firm earned “Buy” rating by Northland Capital.

Plantronics, Inc. (NYSE:PLT) Institutional Investors Chart

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