Core Viewpoint - Plexus reported a strong first-quarter fiscal 2026 performance, with adjusted EPS beating estimates and revenues showing significant year-over-year growth, although slightly missing consensus expectations [2][3][12]. Financial Performance - Adjusted EPS for Q1 fiscal 2026 was $1.78, up from $1.73 in the previous year, surpassing the Zacks Consensus Estimate of $1.77 [2]. - Revenues reached $1.07 billion, reflecting a 9.6% increase year-over-year, but marginally missing the consensus estimate of $1.071 billion [2]. - Gross profit increased by 5.4% year-over-year to $106.2 million, with a gross margin of 9.9%, down from 10.3% in the prior year [9]. Revenue Breakdown - Revenues from the Americas rose by 25.9% to $345 million, while EMEA and Asia-Pacific revenues increased by 16.8% and 0.8%, respectively [3]. - The Aerospace/Defense sector saw an 11.3% year-over-year increase in revenues to $178 million, contributing 17% to total revenues [5]. - Healthcare/Life Sciences revenues grew by 24.6% year-over-year to $466 million, accounting for 43% of total revenues [6]. - The Industrial sector's revenues decreased by 3.6% year-over-year to $426 million, contributing 40% to total revenues [7]. Operational Highlights - Plexus announced 22 manufacturing program wins, expected to generate $283 million in annualized revenues once fully ramped up [3]. - Management anticipates meeting or exceeding the high end of the 9% to 12% revenue growth target for fiscal 2026 due to program wins and strengthening market demand [4]. Cash Flow and Balance Sheet - As of January 3, 2026, cash and cash equivalents were $248.8 million, down from $306.5 million as of September 27, 2025 [10]. - The company reported negative free cash flow of $50.6 million for the quarter, following capital expenditures of $35.2 million [11]. Q2 Outlook - For Q2 fiscal 2026, revenues are projected to be between $1.11 billion and $1.15 billion, with non-GAAP EPS expected in the range of $1.80 to $1.95 [12]. Market Sentiment - Following the earnings release, there has been a 13.19% upward shift in consensus estimates, indicating positive investor sentiment [13]. - Plexus holds a Zacks Rank 2 (Buy), suggesting expectations for above-average returns in the coming months [15].

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.It also includes access to the Zacks Style Scores. ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Za ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Albemarle (ALB) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Albemarle currently has an averag ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Sty ...

Armor Advisors L.L.C. lessened its stake in shares of Ferguson plc (NYSE:FERG – Free Report) by 59.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,386 shares of the company’s stock after selling 22,750 shares during the quarter. Ferguson comprises about 1.9% of Armor Advisors L.L.C.’s holdings, making the stock its 11th biggest holding. Armor Advisors L.L.C.’s holdings in Ferguson were worth $3,455,000 as of its most recent filing ...

Core Insights - Zacks Premium offers various tools for investors to enhance their stock market strategies, including daily updates, research reports, and stock screens [1][2] Zacks Style Scores - The Zacks Style Scores are indicators that rate stocks based on value, growth, and momentum, helping investors identify stocks likely to outperform the market in the next 30 days [2][3] - Stocks are rated from A to F, with A indicating the highest potential for outperformance [3] - The Style Scores consist of four categories: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [3][4][5][6] Value Score - The Value Score identifies attractive stocks using ratios like P/E, PEG, and Price/Sales, appealing to value investors seeking undervalued opportunities [3] Growth Score - The Growth Score emphasizes a company's financial health and future outlook, focusing on projected and historical earnings, sales, and cash flow [4] Momentum Score - The Momentum Score helps investors capitalize on price trends, utilizing short-term price changes and earnings estimate revisions [5] VGM Score - The VGM Score combines the three Style Scores to identify stocks with the best value, growth potential, and momentum, serving as a strong indicator alongside the Zacks Rank [6] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to simplify stock selection, with 1 (Strong Buy) stocks achieving an average annual return of +23.86% since 1988, significantly outperforming the S&P 500 [7][8] - Investors are encouraged to focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal returns [10] Stock to Watch: Visa Inc. - Visa Inc. is a leading global payments technology company, publicly traded since March 2008, with a current Zacks Rank of 3 (Hold) and a VGM Score of B [12] - Visa has a Growth Style Score of B, with a projected year-over-year earnings growth of 11.9% for the current fiscal year, and recent upward revisions in earnings estimates [13]

Valued at a market cap of $12.6 billion, Domino's Pizza, Inc. (DPZ) is a pizza restaurant chain and one of the world’s largest quick-service restaurant (QSR) brands. The Ann Arbor, Michigan-based company generates revenue from royalty payments, supply chain operations, and company-owned stores. This pizza restaurant chain has underperformed the broader market over the past 52 weeks. Shares of DPZ have declined 19.8% over this time frame, while the broader S&P 500 Index ($SPX) has gained 12.3%. Moreover, ...

Nucor Corporation (NUE) is a leading steel producer headquartered in Charlotte, North Carolina. The company manufactures and sells a wide range of steel and steel-related products, including sheet, plate, bar, and structural steels. Its operations span steel mills, steel products, and raw materials segments, supplying materials to construction, automotive, and infrastructure markets. Nucor’s market cap is around $42.7 billion. Shares of this steel giant have outpaced the broader market over the past 52 w ...

With a market cap of $76.5 billion, Elevance Health, Inc. (ELV) is one of the largest U.S. managed healthcare and health-insurance companies, providing medical, pharmacy, behavioral, and care-delivery services through a diversified portfolio of brands and subsidiaries. Headquartered in Indianapolis, Indiana, the company operates in four segments: Health Benefits, CarelonRx, Carelon Services, and Corporate & Other. Elevance Health’s stock has struggled to keep pace with both the broader market and its hea ...