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Plantronics Inc (PLT) Files 10-K for the Fiscal Year Ended on March 31, 2019

- By insider

Plantronics Inc (PLT) files its latest 10-K with SEC for the fiscal year ended on March 31, 2019. Plantronics Inc is a manufacturer of communication equipment. It designs and markets communications headsets, telephone headset systems, and accessories for the business and consumer markets under the Plantronic brand. Plantronics Inc has a market cap of $1.82 billion; its shares were traded at around $46.23 with and P/S ratio of 1.07. The dividend yield of Plantronics Inc stocks is 1.30%. Plantronics Inc had annual average EBITDA growth of 6.30% over the past ten years. GuruFocus rated Plantronics Inc the business predictability rank of 2-star.

For the last quarter Plantronics Inc reported a revenue of $468.5 million, compared with the revenue of $216.1 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.7 billion, an increase of 95.4% from last year. For the last five years Plantronics Inc had an average revenue growth rate of 10.8% a year.

The reported loss per diluted share was $3.61 for the year. The Plantronics Inc had an operating margin of -4.52%, compared with the operating margin of 14.65% a year before. The 10-year historical median operating margin of Plantronics Inc is 16.22%. The profitability rank of the company is 7 (out of 10).

At the end of the fiscal year, Plantronics Inc has the cash and cash equivalents of $202.5 million, compared with $390.7 million in the previous year. The long term debt was $1.6 billion, compared with $492.5 million in the previous year. Plantronics Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $46.23, Plantronics Inc is traded at 52.1% discount to its historical median P/S valuation band of $96.45. The P/S ratio of the stock is 1.07, while the historical median P/S ratio is 2.21. The stock lost 30.25% during the past 12 months.

CFO Recent Trades:

  • TOP FINANCIAL EXECUTIVE - CFO. Charles D Boynton bought 2,000 shares of PLT stock on 05/10/2019 at the average price of $42.8. The price of the stock has increased by 8.01% since.

Directors and Officers Recent Trades:

  • TOP SALES EXECUTIVE - GLOBAL.E Jeff Loebbaka sold 1,334 shares of PLT stock on 05/14/2019 at the average price of $44.03. The price of the stock has increased by 5% since.

For the complete 20-year historical financial data of PLT, click here.

This article first appeared on GuruFocus.