ValuEngine Upgrades Bluetooth Leader Plantronics to BUY

For today’s bulletin, we take a look at Plantronics $PLT. We also provide a link to download a FREE STOCK REPORT on the company.


VALUATION WATCH: Overvalued stocks now make up 47.24% of our stocks assigned a valuation and 17.56% of those equities are calculated to be overvalued by 20% or more. Ten sectors are calculated to be overvalued.


Plantronics (PLT) is a global leader in audio communications for businesses and consumers. They have pioneered new trends in audio technology for 50 years, creating innovative products that allow people to simply communicate. From unified communication solutions to Bluetooth� headsets, they deliver uncompromising quality, an ideal experience, and extraordinary service. Plantronics is used by every company in the Fortune 100, as well as 911 dispatch, air traffic control and the New York Stock Exchange.

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While we have seen some turmoil in the tech sector due to the various Facebook crises and other issues, not all is bad. One of our top upgrades for today is Plantronics (PLT). Our models like the stock due to a good Sharpe Ratio and company size.

The company last reported earnings at the end of January for Q3 2018. At that time, total net revenues for the third quarter of Fiscal Year 2018 were $226.5 million, down 2.7%, or $6.4 million compared to the third quarter last year.  Enterprise net revenues of $167.6 million were up 6.5%, or $10.3 million, driven by growth in UC revenues which were partially offset by a slight decline in non-UC headset revenues. Consumer net revenues were $58.9 million, down 22.1%, or $16.7 million, primarily driven by lower stereo Bluetooth revenues and the divestiture of the firm’s Clarity business.

Joe Burton, President and Chief Executive Officer noted that that time that the company was “transforming the business by complementing our hardware leadership with software and analytics. These software-driven solutions provide valuable insights, making our solutions more critical to our customers than ever before.”

ValuEngine updated its recommendation from HOLD to BUY for Plantronics on 2018-03-29. Based on the information we have gathered and our resulting research, we feel that Plantronics has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Company Size and Sharpe Ratio.

You can download a free copy of detailed report on Plantronics (PLT) from the link below.


ValuEngine Forecast
1-Month 60.68 0.51%
3-Month 61.85 2.45%
6-Month 63.39 5.00%
1-Year 64.07 6.14%
2-Year 71.94 19.17%
3-Year 75.92 25.76%
Valuation & Rankings
Valuation 20.52% overvalued Valuation Rank(?) 18
1-M Forecast Return 0.51% 1-M Forecast Return Rank 85
12-M Return 12.67% Momentum Rank(?) 60
Sharpe Ratio 0.27 Sharpe Ratio Rank(?) 64
5-Y Avg Annual Return 6.24% 5-Y Avg Annual Rtn Rank 62
Volatility 23.45% Volatility Rank(?) 63
Expected EPS Growth 3.06% EPS Growth Rank(?) 22
Market Cap (billions) 2.59 Size Rank 74
Trailing P/E Ratio 24.08 Trailing P/E Rank(?) 52
Forward P/E Ratio 23.37 Forward P/E Ratio Rank 23
PEG Ratio 7.87 PEG Ratio Rank 3
Price/Sales 3.05 Price/Sales Rank(?) 36
Market/Book 8.27 Market/Book Rank(?) 18
Beta 1.39 Beta Rank 22
Alpha -0.18 Alpha Rank 30


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