Plexus Corp Upgrades Earnings Estimate 1.6%, Shares Rally 41.2%
Plexus Corp’s consensus earnings estimate for the current year rose 1.6% over the past 60 days, earning it a #1 ranking for momentum stocks. Its shares have advanced 41.2% in three months versus a 1.3% S&P 500 gain, underpinned by contract manufacturing in Healthcare, Industrial and Aerospace markets.
1. Earnings Estimate Revision
Plexus Corp’s consensus earnings estimate for the current year rose 1.6% over the past 60 days, earning it a #1 ranking for momentum stocks.
2. Share Price Momentum
The stock has gained 41.2% over the last three months compared with a 1.3% S&P 500 advance, reflecting robust investor demand.
3. Business Focus and Market Exposure
Plexus provides electronic contract manufacturing services to original equipment manufacturers across Healthcare/Life Sciences, Industrial and Aerospace/Defense sectors.
4. Momentum Score and Ranking
The company holds a Momentum Score of A, ranking it among leading high-momentum equities based on price and earnings revisions.