Plantronics (NYSE: PLT) is one of 65 public companies in the “Communications & Networking” industry, but how does it weigh in compared to its competitors? We will compare Plantronics to similar businesses based on the strength of its earnings, analyst recommendations, risk, dividends, valuation, institutional ownership and profitability.
Volatility and Risk
Plantronics has a beta of 1.3, suggesting that its share price is 30% more volatile than the S&P 500. Comparatively, Plantronics’ competitors have a beta of 1.14, suggesting that their average share price is 14% more volatile than the S&P 500.
This table compares Plantronics and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
This is a breakdown of current ratings and price targets for Plantronics and its competitors, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Plantronics presently has a consensus target price of $58.00, indicating a potential upside of 15.13%. As a group, “Communications & Networking” companies have a potential upside of 17.46%. Given Plantronics’ competitors higher possible upside, analysts clearly believe Plantronics has less favorable growth aspects than its competitors.
Plantronics pays an annual dividend of $0.60 per share and has a dividend yield of 1.2%. Plantronics pays out 24.6% of its earnings in the form of a dividend. As a group, “Communications & Networking” companies pay a dividend yield of 1.9% and pay out 48.5% of their earnings in the form of a dividend.
Earnings & Valuation
This table compares Plantronics and its competitors revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Plantronics||$881.18 million||$82.59 million||20.65|
|Plantronics Competitors||$3.31 billion||$373.33 million||-146.27|
Plantronics’ competitors have higher revenue and earnings than Plantronics. Plantronics is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
Institutional & Insider Ownership
90.9% of Plantronics shares are held by institutional investors. Comparatively, 61.8% of shares of all “Communications & Networking” companies are held by institutional investors. 3.2% of Plantronics shares are held by insiders. Comparatively, 12.4% of shares of all “Communications & Networking” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Plantronics beats its competitors on 9 of the 15 factors compared.
Plantronics, Inc. (Plantronics) is engaged in the design, manufacture, and distribution of headsets for business and consumer applications, and other specialty products for the hearing impaired. The Company is a global designer, manufacturer and marketer of communications headsets, telephone headset systems, other communication endpoints and accessories for the business and consumer markets. The Company develops communication products for offices and contact centers, mobile devices, cordless phones, and computers and gaming consoles. Its product categories include Enterprise, which includes corded and cordless communication headsets, audio processors, and telephone systems, and Consumer, which includes Bluetooth and corded products for mobile device applications, personal computer (PC) and gaming headsets, and specialty products marketed for hearing impaired individuals. It offers its products under two brands: Plantronics and Clarity.
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