Plexus (PLXS) in Focus: Stock Moves 5% Higher in Session
Plexus Corp. PLXS was a big mover last session, as the company saw its shares rise 5% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 10.3% in the past one-month time frame.
This electronic manufactured systems (EMS) stock witnessed one negative estimate revision over the past 30 days. The Zacks Consensus Estimate also moved down over the same time frame, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if Friday’s move higher lasts.
Plexus has a Zacks Rank #3 (Hold).
However, a better-ranked stock in the same space is Jabil Circuit Inc. JBL, sporting a Zacks Rank #1 (Strong Buy).
Is PLXS going up? Or down? Predict to see what others think: Up or Down
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PLEXUS CORP (PLXS): Free Stock Analysis Report
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