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How to buy Plantronics stock | 16.95

Own Plantronics stock in just a few minutes.

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Plantronics, Inc is a communication equipment business based in the US. Plantronics shares (PLT) are listed on the NYSE and all prices are listed in US Dollars. Plantronics employs 6,584 staff and has a trailing 12-month revenue of around USD$1.6 billion.

How to buy shares in Plantronics

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Plantronics. Find the stock by name or ticker symbol: PLT. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Plantronics reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$16.95, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Plantronics, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Plantronics. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted Plantronics's share price?

Since the stock market crash in March caused by coronavirus, Plantronics's share price has had significant positive movement.

Its last market close was USD$16.95, which is 13.39% up on its pre-crash value of USD$14.68 and 268.48% up on the lowest point reached during the March crash when the shares fell as low as USD$4.6.

If you had bought USD$1,000 worth of Plantronics shares at the start of February 2020, those shares would have been worth USD$314.50 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$616.98.

Plantronics share price

Use our graph to track the performance of PLT stocks over time.

Plantronics shares at a glance

Information last updated 2020-10-20.
Latest market closeUSD$16.95
52-week rangeUSD$4.6 - USD$42.44
50-day moving average USD$13.1366
200-day moving average USD$14.49
Wall St. target priceUSD$18.5
PE ratio N/A
Dividend yield USD$0.6 (4.32%)
Earnings per share (TTM) USD$-4.968

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Plantronics stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Plantronics price performance over time

Historical closes compared with the close of $16.95 from 2020-10-16

1 week (2020-10-16) 16.95
1 month (2020-09-25) 46.75%
3 months (2020-07-24) -11.53%
6 months (2020-04-24) 35.60%
1 year (2019-10-25) -55.71%
2 years (2018-10-25) -71.25%
3 years (2017-10-25) -63.03%
5 years (2015-10-23) -68.87%

Is Plantronics under- or over-valued?

Valuing Plantronics stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Plantronics's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Plantronics's PEG ratio

Plantronics's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.07. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Plantronics's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Plantronics's EBITDA

Plantronics's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$129.4 million.

The EBITDA is a measure of a Plantronics's overall financial performance and is widely used to measure a its profitability.

Plantronics financials

Revenue TTM USD$1.6 billion
Gross profit TTM USD$738.1 million
Return on assets TTM -1.79%
Return on equity TTM -329.88%
Profit margin -53.42%
Book value $17.21
Market capitalisation USD$790 million

TTM: trailing 12 months

Shorting Plantronics shares

There are currently 4.8 million Plantronics shares held short by investors – that's known as Plantronics's "short interest". This figure is 14.2% down from 5.6 million last month.

There are a few different ways that this level of interest in shorting Plantronics shares can be evaluated.

Plantronics's "short interest ratio" (SIR)

Plantronics's "short interest ratio" (SIR) is the quantity of Plantronics shares currently shorted divided by the average quantity of Plantronics shares traded daily (recently around 1.0 million). Plantronics's SIR currently stands at 4.68. In other words for every 100,000 Plantronics shares traded daily on the market, roughly 4680 shares are currently held short.

However Plantronics's short interest can also be evaluated against the total number of Plantronics shares, or, against the total number of tradable Plantronics shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Plantronics's short interest could be expressed as 0.12% of the outstanding shares (for every 100,000 Plantronics shares in existence, roughly 120 shares are currently held short) or 0.169% of the tradable shares (for every 100,000 tradable Plantronics shares, roughly 169 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Plantronics.

Find out more about how you can short Plantronics stock.

Plantronics share dividends

14%

Dividend payout ratio: 13.82% of net profits

Recently Plantronics has paid out, on average, around 13.82% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.32% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Plantronics shareholders could enjoy a 4.32% return on their shares, in the form of dividend payments. In Plantronics's case, that would currently equate to about $0.6 per share.

While Plantronics's payout ratio might seem low, this can signify that Plantronics is investing more in its future growth.

Plantronics's most recent dividend payout was on 10 March 2020. The latest dividend was paid out to all shareholders who bought their shares by 19 February 2020 (the "ex-dividend date").

Have Plantronics's shares ever split?

Plantronics's shares were split on a 3:1 basis on 9 August 2000. So if you had owned 1 share the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Plantronics shares – just the quantity. However, indirectly, the new 66.7% lower share price could have impacted the market appetite for Plantronics shares which in turn could have impacted Plantronics's share price.

Plantronics share price volatility

Over the last 12 months, Plantronics's shares have ranged in value from as little as $4.6 up to $42.44. A popular way to gauge a stock's volatility is its "beta".

PLT.US volatility(beta: 1.93)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Plantronics's is 1.93. This would suggest that Plantronics's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Plantronics overview

Plantronics, Inc. designs, manufactures, markets, and sells integrated communications and collaborations solutions for corporate customers, small businesses, and individuals worldwide. Its principal product categories include headsets, which comprises wired and wireless communication headsets; voice, video, and content sharing solutions, which includes open session initiation protocol and native ecosystem desktop phones, conference room phones, and video conferencing solutions; peripherals, including cameras, speakers, and microphones designed to work with a range of unified communication and collaboration, unified communication as a service, and video as a service environments, including RealPresence collaboration solutions of infrastructure to endpoints that allows people to connect and collaborate; and support services. The company sells its products through a sales team, as well as through value-added resellers, integrators, direct marketing resellers, service providers, direct and indirect resellers, retailer, enterprise distributors, wireless carriers, and mass merchants under the Poly, Plantronics, and Polycom brands, as well as RIG brand. Plantronics, Inc. was founded in 1961 and is headquartered in Santa Cruz, California.

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