NASDAQ:PLPC - Preformed Line Products Stock Price, News, & Analysis

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$52.66 -0.84 (-1.57 %)
(As of 03/21/2019 01:19 AM ET)
Previous Close$53.50
Today's Range$52.40 - $54.02
52-Week Range$49.40 - $96.83
Volume31,477 shs
Average Volume20,984 shs
Market Capitalization$266.46 million
P/E Ratio10.39
Dividend Yield1.48%
Beta1.26
Preformed Line Products Company, together with its subsidiaries, designs and manufactures products and systems used in the construction and maintenance of overhead and underground networks for the energy, telecommunication, cable operator, information, and other industries. The company offers formed wire and related hardware products to support, protect, terminate, and secure power conductor and communication cables, as well as to control cable dynamics; and hardware products to support and protect transmission conductors, spacers, spacer-dampers, stockbridge dampers, corona suppression devices, and various compression fittings for dead-end applications. It also provides protective closures, including splice cases to protect fixed line communication networks, such as copper cable or fiber optic cable from moisture, environmental hazards, and other contaminants; and plastic products comprising guy markers, tree guards, fiber optic cable markers, and pedestal markers to identify power conductors, communication cables, and guy wires. In addition, the company offers data communication cabinets, hardware assemblies, pole line hardware, resale products, underground connectors, solar hardware systems, and urethane products for use by energy, renewable energy, communications, cable, and special industries for various applications; and solar hardware systems and mounting hardware for various solar power applications, as well as fiber optic and copper splice closures. It serves public and private energy utilities and communication companies, cable operators, governmental agencies, contractors and subcontractors, distributors, and value-added resellers in the United States, the Americas, Europe, the Middle East, Africa, and Asia-Pacific. The company markets its products through a direct sales force, as well as through manufacturing representatives. Preformed Line Products Company was founded in 1947 and is headquartered in Cleveland, Ohio.

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Industry, Sector and Symbol

Industry Water, sewer, & utility lines
Sub-IndustryElectrical Components & Equipment
SectorComputer and Technology
Current SymbolNASDAQ:PLPC
CUSIP74044410
Phone440-461-5200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$420.88 million
Cash Flow$7.5879 per share
Book Value$49.75 per share

Profitability

Net Income$26.58 million

Miscellaneous

Employees2,650
Market Cap$266.46 million
Next Earnings Date5/3/2019 (Estimated)
OptionableNot Optionable

Preformed Line Products (NASDAQ:PLPC) Frequently Asked Questions

What is Preformed Line Products' stock symbol?

Preformed Line Products trades on the NASDAQ under the ticker symbol "PLPC."

How often does Preformed Line Products pay dividends? What is the dividend yield for Preformed Line Products?

Preformed Line Products declared a quarterly dividend on Friday, March 15th. Stockholders of record on Tuesday, April 2nd will be given a dividend of $0.20 per share on Thursday, April 18th. This represents a $0.80 annualized dividend and a dividend yield of 1.52%. The ex-dividend date of this dividend is Monday, April 1st. View Preformed Line Products' Dividend History.

How will Preformed Line Products' stock buyback program work?

Preformed Line Products declared that its Board of Directors has approved a stock buyback program on Saturday, December 16th 2017, which allows the company to repurchase 250,000 shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board believes its shares are undervalued.

How were Preformed Line Products' earnings last quarter?

Preformed Line Products (NASDAQ:PLPC) released its earnings results on Friday, August, 3rd. The technology company reported $1.33 EPS for the quarter. The technology company had revenue of $108.92 million for the quarter. Preformed Line Products had a return on equity of 10.82% and a net margin of 6.32%. View Preformed Line Products' Earnings History.

When is Preformed Line Products' next earnings date?

Preformed Line Products is scheduled to release their next quarterly earnings announcement on Friday, May 3rd 2019. View Earnings Estimates for Preformed Line Products.

Has Preformed Line Products been receiving favorable news coverage?

Media coverage about PLPC stock has trended somewhat negative recently, InfoTrie reports. The research group ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Preformed Line Products earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned news headlines about the technology company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the near future.

Who are some of Preformed Line Products' key competitors?

Some companies that are related to Preformed Line Products include MasTec (MTZ), Dycom Industries (DY), Primoris Services (PRIM), MYR Group (MYRG) and Aegion (AEGN).

What other stocks do shareholders of Preformed Line Products own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Preformed Line Products investors own include MONDI/PAR VTG FPD 0.2 (MNDI), Bristol-Myers Squibb (BMY), ImmunoGen (IMGN), Corning (GLW), Nektar Therapeutics (NKTR), SM Energy (SM), Intel (INTC), Wisdom Tree Investments (WETF), Pfizer (PFE) and National CineMedia (NCMI).

Who are Preformed Line Products' key executives?

Preformed Line Products' management team includes the folowing people:
  • Mr. Robert G. Ruhlman, Chairman, Pres & CEO (Age 62)
  • Mr. Michael A. Weisbarth, VP of Fin. & Treasurer (Age 54)
  • Mr. Dennis F. McKenna, COO and Exec. VP of Marketing & Global Bus. Devel. (Age 52)
  • Mr. William H. Haag III, VP of Asia Pacific Region (Age 55)
  • Mr. David C. Sunkle, VP of Research & Engineering and Manufacturing (Age 60)

Who are Preformed Line Products' major shareholders?

Preformed Line Products' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Royce & Associates LP (9.60%), Keybank National Association OH (8.01%), Dimensional Fund Advisors LP (6.81%), Dimensional Fund Advisors LP (6.81%), BlackRock Inc. (3.23%) and Dalton Greiner Hartman Maher & Co. (1.59%). Company insiders that own Preformed Line Products stock include J Cecil Curlee Jr and Michael E Gibbons. View Institutional Ownership Trends for Preformed Line Products.

Which institutional investors are selling Preformed Line Products stock?

PLPC stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Keybank National Association OH, O Shaughnessy Asset Management LLC, Raymond James Trust N.A., California Public Employees Retirement System, LSV Asset Management, Two Sigma Investments LP and Northern Trust Corp. View Insider Buying and Selling for Preformed Line Products.

Which institutional investors are buying Preformed Line Products stock?

PLPC stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, Alambic Investment Management L.P., Noked Capital LTD, Geode Capital Management LLC, Geode Capital Management LLC, BlackRock Inc. and Seizert Capital Partners LLC. View Insider Buying and Selling for Preformed Line Products.

How do I buy shares of Preformed Line Products?

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

What is Preformed Line Products' stock price today?

One share of PLPC stock can currently be purchased for approximately $52.66.

How big of a company is Preformed Line Products?

Preformed Line Products has a market capitalization of $266.46 million and generates $420.88 million in revenue each year. Preformed Line Products employs 2,650 workers across the globe.

What is Preformed Line Products' official website?

The official website for Preformed Line Products is http://www.preformed.com.

How can I contact Preformed Line Products?

Preformed Line Products' mailing address is 660 Beta Drive, Mayfield Village OH, 44143. The technology company can be reached via phone at 440-461-5200 or via email at [email protected]


MarketBeat Community Rating for Preformed Line Products (NASDAQ PLPC)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  130 (Vote Outperform)
Underperform Votes:  125 (Vote Underperform)
Total Votes:  255
MarketBeat's community ratings are surveys of what our community members think about Preformed Line Products and other stocks. Vote "Outperform" if you believe PLPC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PLPC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/21/2019 by MarketBeat.com Staff

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