NYSE:PLT

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Executive Summary

Plantronics, Inc. designs, manufactures, markets, and sells integrated communications and collaborations solutions for corporate customers, small businesses, and individuals worldwide. More Details


Snowflake Analysis

Slightly overvalued with imperfect balance sheet.


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

Stable Share Price: PLT's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-1.8%

PLT

-0.6%

US Communications

-0.7%

US Market


1 Year Return

-54.4%

PLT

-12.4%

US Communications

19.9%

US Market

Return vs Industry: PLT underperformed the US Communications industry which returned -12.4% over the past year.

Return vs Market: PLT underperformed the US Market which returned 19.9% over the past year.


Shareholder returns

PLTIndustryMarket
7 Day-1.8%-0.6%-0.7%
30 Day35.1%1.5%5.8%
90 Day-9.8%-12.7%8.3%
1 Year-53.7%-54.4%-9.9%-12.4%22.7%19.9%
3 Year-61.4%-62.9%17.3%9.1%43.5%33.9%
5 Year-66.3%-68.5%40.5%24.6%86.9%65.8%

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

Valuation

Is Plantronics undervalued compared to its fair value and its price relative to the market?

29.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PLT ($16.95) is trading below our estimate of fair value ($23.88)

Significantly Below Fair Value: 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 US 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

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 has negative assets, so we can't compare its PB Ratio to the US Communications industry average.


Next Steps

Future Growth

How is Plantronics forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

78.1%

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 (1% per year) is forecast to grow slower than the US market (10% per year).

High Growth Revenue: PLT's revenue (1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if PLT's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Plantronics performed over the past 5 years?

-82.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PLT is currently unprofitable.

Growing Profit Margin: PLT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PLT is unprofitable, and losses have increased over the past 5 years at a rate of 82.9% 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 (-28.9%).


Return on Equity

High ROE: PLT's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Plantronics's financial position?


Financial Position Analysis

Short Term Liabilities: PLT has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: PLT has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: PLT has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: PLT's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable PLT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: PLT is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 10.5% per year.


Next Steps

Dividend

What is Plantronics's current dividend yield, its reliability and sustainability?

2.89%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate PLT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PLT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PLT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PLT's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: PLT is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PLT's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.7yrs

Average management tenure


CEO

Dave Shull (47 yo)

0.083

Tenure

Mr. David M. Shull, also known as Dave, serves as President, Chief Executive Officer and Director at Plantronics, Inc. since September 08, 2020. He serves as the Chief Executive Officer of The Weather Grou ...


Leadership Team

NamePositionTenureCompensationOwnership
Charles Boynton
Executive VP1.58yrsUS$5.07m0.027%
$ 175.7k
Carl Wiese
Executive VP0.75yrUS$2.34mno data
Thomas Puorro
Executive VP & GM of Products1.83yrsUS$3.02m0.019%
$ 123.8k
David Shull
President0.083yrno datano data
Alejandro Bustamante
Executive VP of Global Operations8.33yrsno datano data
Kristine Diamond
Senior VP0.67yrno data0.090%
$ 584.5k
Michael Iburg
Vice President of Investor Relations2.25yrsno datano data
Pamela Fields
Interim Chief Legal & Compliance Officer and Corporate Secretary0.17yrno datano data
Edie Kissko
Senior Director of Corporate Communicationsno datano datano data
Darrius Jones
Executive VPno datano datano data
Anja Hamilton
Executive VP & Chief Human Resources Officer2.08yrsno datano data
Barry Margerum
Chief Strategy Officer12.75yrsno datano data

1.7yrs

Average Tenure

52yo

Average Age

Experienced Management: PLT's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
David Shull
President0.083yrno datano data
Marvin Tseu
Vice Chairman & Lead Independent Director2.58yrsUS$315.98k0.086%
$ 560.0k
Greggory Hammann
Independent Director15.75yrsUS$292.48k0.068%
$ 441.3k
Robert Hagerty
Chairman of the Board2.58yrsUS$936.60k0.10%
$ 648.7k
Daniel Moloney
Non-Independent Director2.25yrsUS$249.98k0.16%
$ 1.0m
Brian Dexheimer
Independent Director12.5yrsUS$294.48k0.30%
$ 1.9m
Kathleen Crusco
Independent Director2.17yrsUS$269.98k0.022%
$ 142.2k
Marshall Mohr
Independent Director15.33yrsUS$292.48k0.083%
$ 543.0k
Guido Karel Jouret
Independent Director2.5yrsUS$260.48k0.027%
$ 176.1k

2.6yrs

Average Tenure

57yo

Average Age

Experienced Board: PLT's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

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$651.077m
  • Shares outstanding: 38.41m
  • Website: https://www.poly.com

Number of Employees


Location

  • Plantronics, Inc.
  • 345 Encinal Street
  • Santa Cruz
  • California
  • 95060
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PLTNYSE (New York Stock Exchange)YesCommon StockUSUSDJan 1994
PTMDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1994

Biography

Plantronics, Inc. designs, manufactures, markets, and sells integrated communications and collaborations solutions for corporate customers, small businesses, and individuals worldwide. Its principal produc ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/19 06:31
End of Day Share Price2020/10/16 00:00
Earnings2020/06/27
Annual Earnings2020/03/28


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.