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: $187.11 to $190.00
• 50-Day Range: $140.59 to $197.49
• 52-Week Range: $109.01 to $197.56
• Volume: 42,256 shs
• Average Volume: 46,708 shs
• Market Capitalization: $924.57 million
• P/E Ratio: 21.95
• Dividend Yield: 0.43%
• Price Target: N/A
• Consensus Rating: N/A

Preformed Line Products Stock Analysis - MarketRank™

Preformed Line Products scored higher than 39% of companies evaluated by MarketBeat, and ranked 481st out of 650 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: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Preformed Line Products.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Preformed Line Products is 21.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 269.85.

Price to Earnings Ratio vs. Sector

The P/E ratio of Preformed Line Products is 21.95, 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 415.69.

Price to Book Value per Share Ratio

Preformed Line Products has a P/B Ratio of 2.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

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

Percentage of Shares Shorted

5.17% 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 1.6, 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 4.90%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Preformed Line Products has a dividend yield of 0.42%, 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 9.35%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

5.17% 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 1.6, 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 4.90%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.12

News Sentiment

Preformed Line Products has a news sentiment score of 1.12. 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 0.89 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Preformed Line Products this week, compared to 2 articles on an average week.

Search Interest

Only 1 people have searched for PLPC on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

1 people have added Preformed Line Products to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 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

33.80% 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.

PLPC Stock Analysis - Frequently Asked Questions

How have PLPC shares performed this year?

Preformed Line Products' stock was trading at $127.79 at the beginning of the year. Since then, PLPC stock has increased by 47.1% and is now trading at $187.92.

How were Preformed Line Products' earnings last quarter?

Preformed Line Products Company (NASDAQ:PLPC) announced its quarterly earnings results on Wednesday, July, 30th. The technology company reported $2.56 earnings per share for the quarter. The technology company had revenue of $169.60 million for the quarter. Preformed Line Products had a trailing twelve-month return on equity of 9.69% and a net margin of 6.70%.

Who are Preformed Line Products' major shareholders?

Preformed Line Products' top institutional investors include MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. (4.36%), American Century Companies Inc. (1.66%), Grantham Mayo Van Otterloo & Co. LLC (1.60%) and Geode Capital Management LLC (1.36%). Insiders that own company stock include Barbara P Ruhlman Revocable Tr, Michael E Gibbons and Jon Ryan Ruhlman.
View institutional ownership trends.

How do I buy shares of Preformed Line Products?

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.

What other stocks do shareholders of Preformed Line Products own?

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

• Record date for 7/20 Dividend: 7/01/2025
• Ex-Dividend for 7/20 Dividend: 7/01/2025
• Dividend Payable: 7/20/2025
• Last Earnings: 7/30/2025
• Today: 9/03/2025
• Next Earnings (Estimated): 10/29/2025
• Fiscal Year End: 12/31/2025

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: 3,260
• Year Founded: 1947

Profitability

• EPS (Trailing Twelve Months): $8.56
• Trailing P/E Ratio: 21.95
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $37.09 million
• Net Margins: 6.70%
• Pretax Margin: 9.29%
• Return on Equity: 9.69%
• Return on Assets: 7.09%

Debt

• Debt-to-Equity Ratio: 0.06
• Current Ratio: 3.08
• Quick Ratio: 1.83

Sales & Book Value

• Annual Sales: $593.71 million
• Price / Sales: 1.56
• Cash Flow: $11.63 per share
• Price / Cash Flow: 16.16
• Book Value: $93.56 per share
• Price / Book: 2.01

Miscellaneous

• Outstanding Shares: 4,920,000
• Free Float: 3,260,000
• Market Cap: $924.57 million
• Optionable: Not Optionable
• Beta: 0.79