Plexus Corp Stock Fair Value – BMO Canada Boosts Holdings in Plexus Corp. with 148.7% Increase in Second Quarter

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Plexus Corp ($NASDAQ:PLXS). is a leading global provider of electronic manufacturing services, with a focus on serving customers in the healthcare, industrial, aerospace and defense, and technology sectors. The company offers a wide range of services such as design, engineering, and manufacturing of complex products and systems for its clients. In recent years, Plexus Corp. has attracted the attention of major financial institutions, including Bank of Montreal (BMO) Canada. In fact, according to the company’s latest 13F filing, BMO Canada significantly increased its holdings in Plexus Corp. during the second quarter of this year. This move highlights the growing interest in the company’s stock and its potential for growth. Plexus Corp.’s strong performance in the second quarter could be one of the key factors driving BMO Canada’s decision to increase its holdings.

Additionally, Plexus Corp. has also been actively expanding its operations globally, which could have also played a role in BMO Canada’s decision. With the growing demand for electronic manufacturing services, Plexus Corp. is well-positioned to capitalize on this market opportunity. The company’s strong financials and global expansion plans make it an attractive investment option for institutions like BMO Canada. In conclusion, the recent 13F filing by BMO Canada showcases the growing interest and confidence in Plexus Corp. as a solid investment opportunity. With the company’s strong financial performance and strategic growth initiatives, it will be interesting to see how its stock performs in the coming months.

Analysis – Plexus Corp Stock Fair Value

After conducting an in-depth analysis of PLEXUS CORP‘s welfare, I can confidently say that the company is currently overvalued. Our proprietary Valuation Line has calculated the intrinsic value of PLEXUS CORP’s shares to be around $106.0. However, at the time of writing this report, PLEXUS CORP’s stock is trading at $136.44, which represents a significant overvaluation of 28.7%. To determine the intrinsic value of PLEXUS CORP’s shares, we looked at various financial factors such as the company’s earnings, cash flow, and overall financial health. We also considered the industry and market conditions, as well as the company’s growth potential. Our calculations have shown that PLEXUS CORP’s stock is currently trading well above its true value. Investors should be cautious when considering investing in PLEXUS CORP’s stock at its current price. While the company may be performing well in the market, overvaluation can lead to a potential decline in stock value in the future. It is crucial for investors to carefully assess the true value of a company’s stock before making any investment decisions. In conclusion, our analysis suggests that PLEXUS CORP’s stock is currently overvalued, with an intrinsic value of $106.0 and a current trading price of $136.44, representing a 28.7% overvaluation. We advise investors to carefully consider this information before making any investment decisions related to PLEXUS CORP’s stock. More…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Plexus Corp. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Plexus Corp. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Plexus Corp. More…

Key Ratios Snapshot

Some of the financial key ratios for Plexus Corp are shown below. More…

Peers

The competition between Plexus Corp and its competitors is fierce. Each company is trying to gain market share and produce the best products and services. The companies are constantly innovating and improving their offerings. The competition is beneficial for consumers as it drives down prices and improves quality.

– Venture Corp Ltd ($SGX:V03)

Venture Corp Ltd is a Singapore-based provider of electronics manufacturing services. The company has a market cap of 5.16B as of 2022 and a return on equity of 9.37%. The company provides a range of services including design, development, and manufacturing of electronic products and components. It also offers assembly and testing services. The company serves a wide range of industries including automotive, medical, industrial, and consumer.

– Centum Electronics Ltd ($BSE:517544)

Centum Electronics Ltd is an Indian electronics company that designs, develops, and manufactures electronic products and solutions for the aerospace, defence, and other industries. As of 2022, the company has a market cap of 7.87 billion and a return on equity of 3.4%. The company’s products include radar systems, sonar systems, navigation systems, and other electronic products and solutions.

– Info-Tek Corp ($TPEX:8183)

Info-Tek Corp is a publicly traded company that designs, manufactures, and sells computer networking equipment. The company has a market cap of 6.74B as of 2022 and a Return on Equity of 22.32%. Info-Tek Corp’s products include routers, switches, and other computer networking equipment. The company’s products are used by major telecommunications carriers, ISPs, enterprises, and government organizations around the world.

Summary

Bank of Montreal Can significantly increased its stake in Plexus Corp. during the second quarter, with a growth of 148.7%. This suggests that the company’s performance and potential have caught the attention of investors. While it is not clear what specifically attracted Bank of Montreal Can to Plexus Corp., it is a positive sign for the company’s future prospects.

This increase in investment also indicates that other investors may follow suit, as the company’s financials and market position become more apparent. With this level of interest from a major bank, it is worth keeping an eye on Plexus Corp. for potential investment opportunities.