| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
POLY Overview
Plantronics, Inc. designs, manufactures, markets, and sells integrated communications and collaborations solutions for corporate customers, small businesses, and individuals in the United States, Europe, the Middle East, Africa, the Asia Pacific, and rest of the Americas.
Plantronics Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$29.34 |
| 52 Week High | US$16.50 |
| 52 Week Low | US$50.89 |
| Beta | 1.88 |
| 1 Month Change | 2.16% |
| 3 Month Change | -18.46% |
| 1 Year Change | 53.77% |
| 3 Year Change | -50.25% |
| 5 Year Change | -43.64% |
| Change since IPO | 1,073.60% |
Recent News & Updates
Shareholder Returns
| POLY | US Communications | US Market | |
|---|---|---|---|
| 7D | 16.4% | 2.5% | 4.0% |
| 1Y | 53.8% | 42.9% | 30.5% |
Return vs Industry: POLY exceeded the US Communications industry which returned 41.3% over the past year.
Return vs Market: POLY exceeded the US Market which returned 30% over the past year.
Price Volatility
| POLY volatility | |
|---|---|
| POLY Beta | 1.88 |
| Industry Beta | 0.97 |
| Market Beta | 1 |
Stable Share Price: POLY is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: POLY's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1961 | 8,200 | Dave Shull | https://www.poly.com |
Plantronics, Inc. designs, manufactures, markets, and sells integrated communications and collaborations solutions for corporate customers, small businesses, and individuals in the United States, Europe, the Middle East, Africa, the Asia Pacific, and rest of the Americas. Its principal product categories include headsets, which comprises wired and wireless communication headsets; voice that includes open session initiation protocol and native ecosystem desktop phones, and conference room phones; video conferencing solutions and peripherals, including cameras, speakers, and microphones designed to work with a range of unified communication and collaboration, unified communication as a service, and video as a service environments, including RealPresence collaboration solutions of infrastructure to endpoints that allows people to connect and collaborate; and content sharing solutions. The company also offers services that include video interoperability, and hardware and support for our solutions and hardware devices, as well as professional, hosted, and managed services; and cloud management and analytics software, which enables information technology administrators to configure and update firmware, monitor device usage, troubleshoot, and gain understanding of user behavior.
Plantronics Fundamentals Summary
| POLY fundamental statistics | |
|---|---|
| Market Cap | US$1.15b |
| Earnings (TTM) | -US$19.13m |
| Revenue (TTM) | US$1.80b |
0.6x
P/S Ratio-60.3x
P/E RatioIs POLY overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| POLY income statement (TTM) | |
|---|---|
| Revenue | US$1.80b |
| Cost of Revenue | US$1.01b |
| Gross Profit | US$795.41m |
| Expenses | US$814.54m |
| Earnings | -US$19.13m |
Last Reported Earnings
Jul 03, 2021
Next Earnings Date
Oct 28, 2021
| Earnings per share (EPS) | -0.49 |
| Gross Margin | 44.11% |
| Net Profit Margin | -1.06% |
| Debt/Equity Ratio | -1,330.1% |
How did POLY perform over the long term?
See historical performance and comparisonValuation
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
Below Fair Value: POLY ($29.34) is trading below our estimate of fair value ($80.17)
Significantly Below Fair Value: POLY is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: POLY is unprofitable, so we can't compare its PE Ratio to the US Communications industry average.
PE vs Market: POLY 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 POLY's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: POLY has negative assets, so we can't compare its PB Ratio to the US Communications industry average.
Future Growth
How is Plantronics forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
104.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: POLY is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: POLY is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: POLY's is expected to become profitable in the next 3 years.
Revenue vs Market: POLY's revenue (3.2% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: POLY's revenue (3.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: POLY's Return on Equity is forecast to be very high in 3 years time (450%).
Past Performance
How has Plantronics performed over the past 5 years?
-62.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: POLY is currently unprofitable.
Growing Profit Margin: POLY is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: POLY is unprofitable, and losses have increased over the past 5 years at a rate of 62.3% per year.
Accelerating Growth: Unable to compare POLY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: POLY is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (63%).
Return on Equity
High ROE: POLY's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Financial Health
How is Plantronics's financial position?
Financial Position Analysis
Short Term Liabilities: POLY has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: POLY 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: POLY has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: POLY'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 POLY has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: POLY is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 9.5% per year.
Dividend
What is Plantronics's current dividend yield, its reliability and sustainability?
1.04%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate POLY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate POLY'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 POLY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if POLY's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: POLY is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of POLY'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?
2.2yrs
Average management tenure
CEO
Dave Shull (48 yo)
1.08yrs
Tenure
US$9,365,991
Compensation
Mr. David M. Shull, also known as Dave, serves as President, Chief Executive Officer and Director at Plantronics, Inc. since September 08, 2020. He serves as the Chief Executive Officer of The Weather Grou...
CEO Compensation Analysis
Compensation vs Market: Dave's total compensation ($USD9.37M) is above average for companies of similar size in the US market ($USD2.28M).
Compensation vs Earnings: Insufficient data to compare Dave's compensation with company performance.
Leadership Team
Experienced Management: POLY's management team is considered experienced (2.2 years average tenure).
Board Members
Experienced Board: POLY's board of directors are considered experienced (3.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: POLY insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.3%.
Top Shareholders
Company Information
Plantronics, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Plantronics, Inc.
- Ticker: POLY
- Exchange: NYSE
- Founded: 1961
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: US$1.152b
- Shares outstanding: 39.28m
- Website: https://www.poly.com
Number of Employees
Location
- Plantronics, Inc.
- 345 Encinal Street
- Santa Cruz
- California
- 95060
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/19 23:34 |
| End of Day Share Price | 2021/10/19 00:00 |
| Earnings | 2021/07/03 |
| Annual Earnings | 2021/04/03 |
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.