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Plexus (PLXS) in Focus: Stock Jumps 8.4% in Session

Plexus Corp. PLXS was a big mover last session, as the company saw its shares rise more than 8% on the day.  Shares moved up after the company announced better-than-expected second quarter fiscal 2016 results. This led to solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $38.08 to $39.77 in the past one-month time frame.

None of the estimates for this electronic manufacturing services company were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Plexus has a Zacks Rank #3 (Hold).

However, a better-ranked stock in the same space is Benchmark Electronics Inc. BHE, carrying a Zacks Rank #2 (Buy).

Is PLXS going up? Or down? Predict to see what others think: Up or Down

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PLEXUS CORP (PLXS): Free Stock Analysis Report
 
BENCHMARK ELETR (BHE): Free Stock Analysis Report
 
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