Plantronics
Market Cap
US$1.4b
Last Updated
2019/10/16 23:41 UTC
Data Sources
Company Financials +
Executive Summary
Plantronics, Inc. designs, manufactures, and markets various integrated communications and collaborations solutions for corporate customers, small businesses, and individuals worldwide.
Snowflake
Fundamentals
Average dividend payer and slightly overvalued.
Similar Companies
Share Price & News
How has Plantronics's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
14.1%
PLT
0.8%
US Communications
2.3%
US Market
1 Year Return
-34.3%
PLT
-0.1%
US Communications
5.6%
US Market
Return vs Industry: PLT underperformed the US Communications industry which returned -0.1% over the past year.
Return vs Market: PLT underperformed the US Market which returned 5.6% over the past year.
Shareholder returns
| PLT | Industry | Market | |
|---|---|---|---|
| 7 Day | 14.1% | 0.8% | 2.3% |
| 30 Day | 1.0% | -5.4% | -1.0% |
| 90 Day | 2.2% | -15.7% | -0.7% |
| 1 Year | -33.4%-34.3% | 2.1%-0.1% | 7.9%5.6% |
| 3 Year | -24.5%-27.2% | 51.2%41.8% | 45.6%36.3% |
| 5 Year | -13.4%-18.5% | 93.7%73.5% | 65.8%47.6% |
Price Volatility Vs. Market
How volatile is Plantronics's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Does Plantronics (NYSE:PLT) Have A Healthy Balance Sheet?3 weeks ago | Simply Wall St
Does Plantronics, Inc.'s (NYSE:PLT) CEO Salary Reflect Performance?1 month ago | Simply Wall St
Read This Before Buying Plantronics, Inc. (NYSE:PLT) For Its DividendValuation
Is Plantronics undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Undervalued: PLT ($37.47) is trading below our estimate of fair value ($131.98)
Significantly Undervalued: PLT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PLT is unprofitable, so we can't compare its PE Ratio to the Communications industry average.
PE vs Market: PLT is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
Low PEG Ratio: Insufficient data to calculate PLT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PLT is overvalued based on its PB Ratio (2.1x) compared to the US Communications industry average (1.9x).
Next Steps
Future Growth
How is Plantronics forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
151.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PLT is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: PLT is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: PLT is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: PLT's revenue (4.3% per year) is forecast to grow slower than the US market (7.3% per year).
High Growth Revenue: PLT's revenue (4.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: PLT's Return on Equity is forecast to be high in 3 years time (26.6%)
Next Steps
Past Performance
How has Plantronics performed over the past 5 years?
-60.0%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: PLT is unprofitable, and losses have increased over the past 5 years at a rate of -60% per year.
Accelerating Growth: Unable to compare PLT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PLT is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (22.8%).
Return on Equity
High ROE: PLT has a negative Return on Equity (-29.11%), as it is currently unprofitable.
Return on Assets
ROA vs Industry: PLT is currently unprofitable, so its Return on Assets is negative.
Return on Capital Employed
ROCE Improving: PLT is currently unprofitable, so its Return on Capital Employed is negative.
Next Steps
Financial Health
How is Plantronics's financial position?
Financial Position Analysis
Short Term Liabilities: PLT's short term assets ($789.2M) exceeds its short term liabilities ($574.9M)
Long Term Liabilities: PLT's short term assets (789.2M) do not cover its long term liabilities (1.9B)
Debt to Equity History and Analysis
Debt Level: PLT's debt to equity ratio (245.3%) is considered high
Reducing Debt: Insufficient data to determine if PLT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PLT's debt is not well covered by operating cash flow (5.6%).
Interest Coverage: Insufficient data to determine if PLT's interest payments on its debt are well covered by EBIT.
Balance Sheet
Inventory Level: PLT has a low level of unsold assets or inventory.
Debt Coverage by Assets: PLT's debt is not covered by short term assets (assets are 0.5x debt).
Next Steps
Dividend
What is Plantronics's current dividend yield, its reliability and sustainability?
1.60%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: PLT's dividend (1.6%) is higher than the bottom 25% of dividend payers in the US market (1.46%).
High Dividend: PLT's dividend (1.6%) is low compared to the top 25% of dividend payers in the US market (3.76%).
Stable Dividend: PLT's dividends per share have been stable in the past 10 years.
Growing Dividend: PLT's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: PLT is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: PLT's dividends in 3 years are forecast to be thoroughly covered by earnings (7.9% payout ratio).
Next Steps
Management
What is the CEO of Plantronics's salary, the management and board of directors tenure and is there insider trading?
2.6yrs
Average management tenure
CEO
Joe Burton (54yo)
3yrs
Tenure
US$8,524,244
Compensation
Mr. Joseph B. Burton, also known as Joe, has been the Chief Executive Officer and President at Plantronics, Inc. since October 2, 2016. Mr. Burton served as the Chief Commercial Officer at Plantronics, Inc ...
CEO Compensation Analysis
Compensation vs. Market: Joe's total compensation ($USD8.52M) is about average for companies of similar size in the US market ($USD4.07M).
Compensation vs Earnings: Joe's compensation has increased whilst the company is unprofitable.
Management Age and Tenure
2.6yrs
Average Tenure
55yo
Average Age
Experienced Management: PLT's management team is considered experienced (2.6 years average tenure).
Board Age and Tenure
2.7yrs
Average Tenure
57.5yo
Average Age
Experienced Board: PLT's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Financial Officer Executive VP & CFO |
| Shares | 2,000 |
| Max Price | US$42.80 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 1,500 |
| Max Price | US$49.03 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 25,000 |
| Max Price | US$46.50 |
Ownership Breakdown
Management Team
Chuck Boynton (51yo)
Executive VP & CFO
- Tenure: 0.6yrs
- Compensation: US$463.25k
Jeff Loebbaka (57yo)
Executive Vice President of Global Sales
- Tenure: 2yrs
- Compensation: US$1.68m
Michael Iburg (56yo)
Vice President of Investor Relations
- Tenure: 1.3yrs
Joe Burton (54yo)
President
- Tenure: 3yrs
- Compensation: US$8.52m
Alex Bustamante (63yo)
Executive VP of Global Operations
- Tenure: 7.3yrs
Paul Johnson
Chief Information Officer & VP
- Tenure: 3.5yrs
Shantanu Sarkar (50yo)
Executive VP & GM of Personal Systems Business
- Tenure: 2.9yrs
- Compensation: US$1.74m
Mary Huser (55yo)
Executive VP
- Tenure: 2.6yrs
- Compensation: US$2.05m
Amy Barzdukas
Executive VP & Chief Marketing Officer
- Tenure: 1.8yrs
Edie Kissko
Senior Director of Corporate Communications
- Tenure: 0yrs
Board Members
Marv Tseu (71yo)
Independent Vice Chairman
- Tenure: 1.6yrs
- Compensation: US$319.60k
Gregg Hammann (56yo)
Independent Director
- Tenure: 14.8yrs
- Compensation: US$291.10k
John Hart (73yo)
Independent Director
- Tenure: 13.6yrs
- Compensation: US$273.97k
Bob Hagerty (67yo)
Independent Chairman of the Board
- Tenure: 1.6yrs
- Compensation: US$307.10k
Dan Moloney (59yo)
Non-Independent Director
- Tenure: 1.3yrs
- Compensation: US$237.47k
Brian Dexheimer (56yo)
Independent Director
- Tenure: 11.5yrs
- Compensation: US$296.22k
Marshall Mohr (63yo)
Independent Director
- Tenure: 14.3yrs
- Compensation: US$289.85k
Frank Baker (46yo)
Non-Independent Director
- Tenure: 1.3yrs
- Compensation: US$237.47k
Guido Karel Jouret (53yo)
Independent Director
- Tenure: 1.5yrs
- Compensation: US$280.90k
Joe Burton (54yo)
President
- Tenure: 3yrs
- Compensation: US$8.52m
Company Information
Plantronics, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Plantronics, Inc.
- Ticker: PLT
- Exchange: NYSE
- Founded: 1961
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: US$1.422b
- Shares outstanding: 37.96m
- Website: https://www.poly.com/in/en
Number of Employees
Location
- Plantronics, Inc.
- 345 Encinal Street
- Santa Cruz
- California
- 95060
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PLT | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1994 |
| PTM | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1994 |
Biography
Plantronics, Inc. designs, manufactures, and markets various integrated communications and collaborations solutions for corporate customers, small businesses, and individuals worldwide. Its principal produ ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/16 23:41 |
| End of Day Share Price | 2019/10/16 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.