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NASDAQ:PLPC

Preformed Line Products (PLPC) Stock Price, News & Analysis

Preformed Line Products logo
$134.03 -3.16 (-2.30%)
(As of 11/15/2024 ET)

About Preformed Line Products Stock (NASDAQ:PLPC)

Key Stats

Today's Range
$131.80
$138.96
50-Day Range
$113.35
$142.83
52-Week Range
$109.01
$142.91
Volume
8,732 shs
Average Volume
9,716 shs
Market Capitalization
$656.75 million
P/E Ratio
20.12
Dividend Yield
0.60%
Price Target
N/A
Consensus Rating
N/A

Company Overview

Preformed Line Products Company, together with its subsidiaries, designs and manufactures products and systems that are used in the construction and maintenance of overhead, ground-mounted, and underground networks for the energy, telecommunication, cable, data communication, and other industries. The company offers optical ground wire products to support, protect, terminate, and splice transmission and distribution lines, as well as bolted, welded, and compressed connectors for substations; and string hardware products, polymer insulators, wildlife protection, substation fittings, and motion control devices. It also provides rugged outside plant closures to protect and support wireline and wireless networks, such as copper cable or fiber optic cable from moisture, environmental hazards, and other contaminants; and hardware assemblies, pole line hardware, plastic products, cable dynamics/vibration solutions, interior/exterior connectors, tools, and urethane solutions that are used by energy, renewable energy, communications, cable, and special industries for various applications. The company serves public and private energy utilities and communication companies, cable operators, governmental agencies, contractors and subcontractors, distributors, and value-added resellers in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It markets its products through a direct sales force, as well as through manufacturing representatives. Preformed Line Products Company was incorporated in 1947 and is headquartered in Mayfield Village, Ohio.

Preformed Line Products Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
43rd Percentile Overall Score

PLPC MarketRank™: 

Preformed Line Products scored higher than 43% of companies evaluated by MarketBeat, and ranked 488th out of 659 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Preformed Line Products.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Preformed Line Products is 20.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.62.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Preformed Line Products is 20.12, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 201.80.

  • Price to Book Value per Share Ratio

    Preformed Line Products has a P/B Ratio of 1.53. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Preformed Line Products' valuation and earnings.
  • Percentage of Shares Shorted

    1.21% of the float of Preformed Line Products has been sold short.
  • Short Interest Ratio / Days to Cover

    Preformed Line Products has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Preformed Line Products has recently increased by 11.87%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Preformed Line Products has a dividend yield of 0.60%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Preformed Line Products does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Preformed Line Products is 12.01%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about Preformed Line Products' dividend.
  • Percentage of Shares Shorted

    1.21% of the float of Preformed Line Products has been sold short.
  • Short Interest Ratio / Days to Cover

    Preformed Line Products has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Preformed Line Products has recently increased by 11.87%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Preformed Line Products has a news sentiment score of 1.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Preformed Line Products this week, compared to 1 article on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Preformed Line Products insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    35.10% of the stock of Preformed Line Products is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    41.19% of the stock of Preformed Line Products is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Preformed Line Products' insider trading history.
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PLPC Stock News Headlines

Strange: Why is Amazon suddenly yielding 39.70%?
Something big is happening with Amazon stock… While most investors collect ZERO dividends from Amazon… A small group just discovered a "backdoor" way to collect yields up to 39.70%!
Preformed Line Products: Solid Company But Overvalued
PREFORMED LINE PRODUCTS ANNOUNCES QUARTERLY DIVIDEND
See More Headlines

PLPC Stock Analysis - Frequently Asked Questions

Preformed Line Products' stock was trading at $133.86 at the beginning of 2024. Since then, PLPC stock has increased by 0.1% and is now trading at $134.03.
View the best growth stocks for 2024 here
.

Preformed Line Products (NASDAQ:PLPC) released its quarterly earnings results on Wednesday, October, 30th. The technology company reported $1.54 earnings per share (EPS) for the quarter. The technology company earned $146.97 million during the quarter. Preformed Line Products had a trailing twelve-month return on equity of 7.88% and a net margin of 5.76%.

Top institutional investors of Preformed Line Products include Royce & Associates LP (6.22%), Geode Capital Management LLC (1.31%), State Street Corp (1.30%) and Charles Schwab Investment Management Inc. (0.66%). Insiders that own company stock include Barbara P Ruhlman Revocable Tr and Michael E Gibbons.
View institutional ownership trends
.

Shares of PLPC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Preformed Line Products investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), ServiceNow (NOW), Adobe (ADBE) and Arista Networks (ANET).

Company Calendar

Ex-Dividend for 10/21 Dividend
10/01/2024
Dividend Payable
10/21/2024
Last Earnings
10/30/2024
Today
11/17/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
3/06/2025

Industry, Sector and Symbol

Industry
Water, sewer, & utility lines
Sub-Industry
Electrical Components & Equipment
Current Symbol
NASDAQ:PLPC
CUSIP
74044410
Employees
3,520
Year Founded
N/A

Profitability

Net Income
$63.33 million
Pretax Margin
7.06%

Debt

Sales & Book Value

Annual Sales
$669.68 million
Cash Flow
$16.21 per share
Book Value
$87.59 per share

Miscellaneous

Free Float
3,179,000
Market Cap
$656.75 million
Optionable
Not Optionable
Beta
0.62

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This page (NASDAQ:PLPC) was last updated on 11/17/2024 by MarketBeat.com Staff
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