Plantronics designs, manufactures, and markets lightweight communications headsets, telephone headset systems, other communication endpoints, and accessories for the business and consumer markets under the Plantronics brand worldwide. The company was founded in 1961 and is based in Santa Cruz, California.
PLT Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Plantronics Inc. To summarize, we found that Plantronics Inc ranked in the 25th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. The most interesting components of our discounted cash flow analysis for Plantronics Inc ended up being:
In the past 5.76 years, Plantronics Inc has a compound free cash flow growth rate of -0.04%; that's higher than only 14.37% of free cash flow generating stocks in the Technology sector.
22% of the company's capital comes from equity, which is greater than only 9.43% of stocks in our cash flow based forecasting set.
Plantronics Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -9.26. This coverage rate is greater than that of only 8.92% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
BLKB, BR, DOCU, ENV, and FIS can be thought of as valuation peers to PLT, in the sense that they are in the Technology sector and have a similar price forecast based on DCF valuation.
Plantronics, Inc. (NYSE: PLT) ("Poly" or the "Company"), a global communications company that powers meaningful human connection and collaboration, today announced that the Leadership Development and Compensation Committee (the "Committee") of the Board of Directors (the "Board") has made certain equity awards to new President and Chief Executive Officer David Shull, effective October 15, 2020. The awards were made pursuant to the Company's previously-announced offer letter with Mr. Shull, and as a material inducement to his joining Poly as President, Chief Executive Officer and a member of the Board.
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Plantronics ([[PLT]] -9.0%) announced the appointment of Dave Shull as President, Chief Executive Officer and a member of the Company's Board of Directors, effective September 8, 2020.Mr. Shull succeeds Robert Hagerty, who has served as Interim CEO since February 2020. Mr. Hagerty will continue in his role as Chairman of...
Plantronics, Inc. (NYSE: PLT) ("Poly" or the "Company"), a global communications company that powers meaningful human connection and collaboration, today announced the appointment of Dave Shull as President, Chief Executive Officer and a member of the Company's Board of Directors (the "Board"), effective September 8, 2020. Mr. Shull succeeds Robert Hagerty, who has served as Interim Chief Executive Officer since February 2020. Mr. Hagerty will continue in his role as Chairman of the Board, and resume his membership on the Nominating and Governance and Strategy Committees, as well as his role as Chair of the Mergers and Acquisitions Committee. Marv Tseu will continue in his role as Vice Chairman of the Board.