Plexus Corp Gross Profit vs. Short Ratio

PLXS Stock  USD 90.62  1.14  1.24%   
Considering Plexus Corp's profitability and operating efficiency indicators, Plexus Corp's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess Plexus Corp's ability to earn profits and add value for shareholders.

Plexus Corp Gross Profit

476.42 Million

At this time, Plexus Corp's Price To Sales Ratio is comparatively stable compared to the past year. Price Sales Ratio is likely to gain to 0.97 in 2024, whereas Operating Cash Flow Sales Ratio is likely to drop 0.03 in 2024. At this time, Plexus Corp's Operating Income is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 194.4 M in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (32.2 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.120.11
Significantly Up
Slightly volatile
Operating Profit Margin0.05280.0535
Fairly Down
Slightly volatile
For Plexus Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Plexus Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Plexus Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Plexus Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Plexus Corp over time as well as its relative position and ranking within its peers.
  
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For more information on how to buy Plexus Stock please use our How to Invest in Plexus Corp guide.
Is Plexus Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Plexus Corp. If investors know Plexus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Plexus Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.30)
Earnings Share
4.5
Revenue Per Share
148.819
Quarterly Revenue Growth
(0.10)
Return On Assets
0.0386
The market value of Plexus Corp is measured differently than its book value, which is the value of Plexus that is recorded on the company's balance sheet. Investors also form their own opinion of Plexus Corp's value that differs from its market value or its book value, called intrinsic value, which is Plexus Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Plexus Corp's market value can be influenced by many factors that don't directly affect Plexus Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Plexus Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plexus Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plexus Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Plexus Corp Short Ratio vs. Gross Profit Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Plexus Corp's current stock value. Our valuation model uses many indicators to compare Plexus Corp value to that of its competitors to determine the firm's financial worth.
Plexus Corp is considered to be number one stock in gross profit category among related companies. It is considered to be number one stock in short ratio category among related companies . The ratio of Gross Profit to Short Ratio for Plexus Corp is about  98,644,602 . At this time, Plexus Corp's Gross Profit is comparatively stable compared to the past year.. Comparative valuation analysis is a catch-all model that can be used if you cannot value Plexus Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Plexus Corp's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Plexus Corp's earnings, one of the primary drivers of an investment's value.

Plexus Short Ratio vs. Gross Profit

Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Plexus Corp

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
347.23 M
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.

Plexus Corp

Short Ratio

 = 

Short Interest

Average Trading Volume

 = 
3.52 X
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.

Plexus Short Ratio Comparison

Plexus Corp is currently under evaluation in short ratio category among related companies.

Plexus Corp Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Plexus Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Plexus Corp will eventually generate negative long term returns. The profitability progress is the general direction of Plexus Corp's change in net profit over the period of time. It can combine multiple indicators of Plexus Corp, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for 2024
Accumulated Other Comprehensive Income-28 M-26.6 M
Operating Income225.2 M236.5 M
Income Before Tax185.2 M194.4 M
Total Other Income Expense Net-33.9 M-32.2 M
Net Income160 M168 M
Income Tax Expense25.2 M26.5 M
Net Income Applicable To Common Shares159 M91.8 M
Net Income From Continuing Ops160 M106 M
Non Operating Income Net Other-3.6 M-3.4 M
Interest Income2.8 MM
Net Interest Income-25.6 M-24.3 M
Change To Netincome15.5 M19.9 M
Net Income Per E B T 0.78  0.48 

Plexus Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Plexus Corp. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Plexus Corp position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Plexus Corp's important profitability drivers and their relationship over time.

Use Plexus Corp in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Plexus Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Plexus Corp will appreciate offsetting losses from the drop in the long position's value.

Plexus Corp Pair Trading

Plexus Corp Pair Trading Analysis

The ability to find closely correlated positions to Plexus Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Plexus Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Plexus Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Plexus Corp to buy it.
The correlation of Plexus Corp is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Plexus Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Plexus Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Plexus Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Plexus Corp position

In addition to having Plexus Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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When determining whether Plexus Corp is a strong investment it is important to analyze Plexus Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Plexus Corp's future performance. For an informed investment choice regarding Plexus Stock, refer to the following important reports:
Check out Your Equity Center.
For more information on how to buy Plexus Stock please use our How to Invest in Plexus Corp guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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When running Plexus Corp's price analysis, check to measure Plexus Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Plexus Corp is operating at the current time. Most of Plexus Corp's value examination focuses on studying past and present price action to predict the probability of Plexus Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plexus Corp's price. Additionally, you may evaluate how the addition of Plexus Corp to your portfolios can decrease your overall portfolio volatility.
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To fully project Plexus Corp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Plexus Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Plexus Corp's income statement, its balance sheet, and the statement of cash flows.
Potential Plexus Corp investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Plexus Corp investors may work on each financial statement separately, they are all related. The changes in Plexus Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Plexus Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.