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

Company Overview

Preformed Line Products Company (NASDAQ: PLPC) is a global manufacturer of engineered solutions for electric, telecommunications and industrial infrastructure networks. The company designs, engineers and produces a broad portfolio of products, including preformed wire and cable fittings, anchors, suspension and tension clamps, splice closures and optical fiber hardware. These durable components support the installation, repair and maintenance of overhead and underground systems, helping utilities and contractors manage reliability and safety in demanding environments.

Founded in 1947 and headquartered in Mayfield Village, Ohio, Preformed Line Products operates manufacturing facilities and distribution centers across North America, Europe and the Asia Pacific region. Its global footprint encompasses sites in the United States, Canada, the United Kingdom, Germany, China and Mexico, enabling the company to serve customers in more than 100 countries. By leveraging proprietary material science and specialized manufacturing processes, PLP delivers solutions tailored to the performance and longevity requirements of power delivery and communications networks.

Preformed Line Products is led by President and Chief Executive Officer B. I. “Bill” Parsons, whose executive team draws on decades of industry expertise. The company’s in-house research and development efforts focus on advancing product reliability, safety features and cost efficiencies. Through ongoing innovation and a commitment to technical support, PLP aims to provide end-to-end hardware solutions that address the evolving challenges faced by utilities and infrastructure operators worldwide.

Key Stats

• Today's Range: $361.17 to $379.89
• 50-Day Range: $262.68 to $380.05
• 52-Week Range: $138.84 to $386.90
• Volume: 78,494 shs
• Average Volume: 100,883 shs
• Market Capitalization: $1.81 billion
• P/E Ratio: 53.21
• Dividend Yield: 0.23%
• Price Target: $275.00
• Consensus Rating: Hold

Preformed Line Products Stock Analysis - MarketRank™

Preformed Line Products scored higher than 25% of companies evaluated by MarketBeat, and ranked 554th out of 631 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.4 / 5
• Analyst Rating: Hold

Consensus Rating

Preformed Line Products has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, no buy ratings, 2 hold ratings, and no sell ratings.

Downside Risk

Preformed Line Products has a consensus price target of $275.00, representing about 25.6% downside from its current price of $369.82.

Amount of Analyst Coverage

Preformed Line Products has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Preformed Line Products is 53.21, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 44.91.

Price to Earnings Ratio vs. Sector

The P/E ratio of Preformed Line Products is 53.21, 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 171.10.

Price to Book Value per Share Ratio

Preformed Line Products has a P/B Ratio of 3.82. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.94% 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 1.99, 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 9.31%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Preformed Line Products has a dividend yield of 0.22%, 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 12.09%. This payout ratio is at a healthy, sustainable level, below 75%.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: N/A

News Sentiment

Preformed Line Products has a news sentiment score of 1.87. 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 0.74 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Preformed Line Products this week, compared to 1 article on an average week.

Search Interest

Only 2 people have searched for PLPC on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Preformed Line Products to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.2 / 5
• Insider Trading: N/A

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

33.00% 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.

Company Calendar

• Record date for 4/20 Dividend: 4/01/2026
• Ex-Dividend for 4/20 Dividend: 4/01/2026
• Dividend Payable: 4/20/2026
• Last Earnings: 4/29/2026
• Today: 5/30/2026
• Next Earnings (Estimated): 7/29/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: ELEC PRODS - MISC
• Sub-Industry: Electrical Components & Equipment
• Current Symbol: NASDAQ:PLPC
• CIK: 80035
• Web: www.preformed.com
• Phone: (440) 461-5200
• Fax: 440-442-8816
• Employees: 3,734
• Year Founded: 1947

Price Target and Rating

• Average Price Target for Preformed Line Products: $275.00
• High Price Target: $275.00
• Low Price Target: $275.00
• Potential Upside/Downside: -25.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): $6.95
• Trailing P/E Ratio: 53.21
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $35.28 million
• Net Margins: 4.92%
• Pretax Margin: 6.64%
• Return on Equity: 8.96%
• Return on Assets: 6.48%

Debt

• Debt-to-Equity Ratio: 0.07
• Current Ratio: 3.01
• Quick Ratio: 1.78

Sales & Book Value

• Annual Sales: $669.34 million
• Price / Sales: 2.70
• Cash Flow: $13.22 per share
• Price / Cash Flow: 27.98
• Book Value: $96.89 per share
• Price / Book: 3.82

Miscellaneous

• Outstanding Shares: 4,890,000
• Free Float: 3,275,000
• Market Cap: $1.81 billion
• Optionable: Not Optionable
• Beta: 0.88