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POLY

PlantronicsNYSE:POLY Stock Report

Market Cap

US$1.2b

7D

16.4%

1Y

53.8%

Updated

19 Oct, 2021

Data

Company Financials +
POLY fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance0/6
Financial Health2/6
Dividends0/6

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

Viavi Solutions

NasdaqGS:VIAV

US$3.7b

AudioCodes

NasdaqGS:AUDC

US$1.2b

ClearOne

NasdaqCM:CLRO

US$48.2m

Microsoft

NasdaqGS:MSFT

US$2.3t

Price History & Performance

Summary of all time highs, changes and price drops for Plantronics
Historical stock prices
Current Share PriceUS$29.34
52 Week HighUS$16.50
52 Week LowUS$50.89
Beta1.88
1 Month Change2.16%
3 Month Change-18.46%
1 Year Change53.77%
3 Year Change-50.25%
5 Year Change-43.64%
Change since IPO1,073.60%

Recent News & Updates

Shareholder Returns

POLYUS CommunicationsUS Market
7D16.4%2.5%4.0%
1Y53.8%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

Is POLY's price volatile compared to industry and market?
POLY volatility
POLY Beta1.88
Industry Beta0.97
Market Beta1

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

FoundedEmployeesCEOWebsite
19618,200Dave Shullhttps://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

How do Plantronics's earnings and revenue compare to its market cap?
POLY fundamental statistics
Market CapUS$1.15b
Earnings (TTM)-US$19.13m
Revenue (TTM)US$1.80b

0.6x

P/S Ratio

-60.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
POLY income statement (TTM)
RevenueUS$1.80b
Cost of RevenueUS$1.01b
Gross ProfitUS$795.41m
ExpensesUS$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 Margin44.11%
Net Profit Margin-1.06%
Debt/Equity Ratio-1,330.1%

How did POLY perform over the long term?

See historical performance and comparison

Valuation

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 23:34
End of Day Share Price2021/10/19 00:00
Earnings2021/07/03
Annual Earnings2021/04/03


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.