NASDAQ:PLPC Preformed Line Products (PLPC) Stock Forecast, Price & News $152.20 +6.94 (+4.78%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$146.02▼$153.1450-Day Range$119.62▼$159.4552-Week Range$59.00▼$159.45Volume12,181 shsAverage Volume15,116 shsMarket Capitalization$753.39 millionP/E Ratio11.99Dividend Yield0.53%Price TargetN/A ProfileProfileChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Preformed Line Products MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy1.43% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.60Based on 4 Articles This WeekInsider TradingAcquiring Shares$1,532 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.04 out of 5 starsComputer And Technology Sector292nd out of 604 stocksWater, Sewer, & Utility Lines Industry5th out of 5 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Preformed Line Products. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.43% of the float of Preformed Line Products has been sold short.Short Interest Ratio / Days to CoverPreformed Line Products has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Preformed Line Products has recently increased by 12.94%, indicating that investor sentiment is decreasing significantly. Previous Next 0.8 Dividend Strength Dividend YieldPreformed Line Products has a dividend yield of 0.52%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthPreformed Line Products does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Preformed Line Products is 6.30%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PLPC. Previous Next 2.6 News and Social Media Coverage News SentimentPreformed Line Products has a news sentiment score of 0.60. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Preformed Line Products this week, compared to 1 article on an average week.Search Interest8 people have searched for PLPC on MarketBeat in the last 30 days. This is an increase of 167% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Preformed Line Products to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Preformed Line Products insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,532.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders35.10% of the stock of Preformed Line Products is held by insiders. A high percentage of insider ownership can be a sign of company health. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Preformed Line Products is 11.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.37.Price to Earnings Ratio vs. SectorThe P/E ratio of Preformed Line Products is 11.99, 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 370.01.Price to Book Value per Share RatioPreformed Line Products has a P/B Ratio of 1.98. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Preformed Line Products (NASDAQ:PLPC) StockPreformed Line Products Co. engages in the provision of products and systems employed in the construction and maintenance of overhead and underground networks for the energy, telecommunication, cable operators, information, and other similar industries. It operates through the following geographical segments: PLP-USA, Americas, EMEA, and Asia-Pacific. The PLP-USA segment is involved in manufacturing traditional products primarily supporting domestic energy, telecommunications, and solar products. The Americas, EMEA, and Asia-Pacific segments focuses on supporting energy, telecommunications, data communication, and solar products in each respective geographical region. The company was founded by Thomas F. Peterson in 1947 and is headquartered in Mayfield Village, OH.Read More Receive PLPC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Preformed Line Products and its competitors with MarketBeat's FREE daily newsletter. Email Address PLPC Stock News HeadlinesJune 3, 2023 | americanbankingnews.comPreformed Line Products (NASDAQ:PLPC) and OriginClear (OTCMKTS:OCLN) Financial AnalysisMay 31, 2023 | americanbankingnews.comComparing Preformed Line Products (NASDAQ:PLPC) and OriginClear (OTCMKTS:OCLN)June 3, 2023 | Altimetry (Ad)Surprising "Twist" Hands Biden Landslide Re-election?This could make it harder than ever to hang onto the money you make as Progressives gain power, and America slides further towards Socialism.May 29, 2023 | finance.yahoo.comPreformed Line Products (NASDAQ:PLPC) Is Achieving High Returns On Its CapitalMay 25, 2023 | americanbankingnews.comPreformed Line Products (NASDAQ:PLPC) Shares Gap Down to $159.45May 24, 2023 | americanbankingnews.comHead-To-Head Survey: OriginClear (OTCMKTS:OCLN) vs. Preformed Line Products (NASDAQ:PLPC)May 18, 2023 | finance.yahoo.comPLP NAMES J. RYAN RUHLMAN PRESIDENT OF THE COMPANYMay 14, 2023 | seekingalpha.comPreformed Line Products Company: A Solid Prospect Even After Such A Great RunJune 3, 2023 | Stocks To Trade (Ad)15 A.I. Trading Opportunities a DayUsing our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 6, 2023 | americanbankingnews.comPreformed Line Products (NASDAQ:PLPC) Hits New 12-Month High at $140.99May 6, 2023 | americanbankingnews.comReviewing Preformed Line Products (NASDAQ:PLPC) and OriginClear (OTCMKTS:OCLN)May 4, 2023 | marketwatch.com8-K: PREFORMED LINE PRODUCTS COMay 3, 2023 | finance.yahoo.comPREFORMED LINE PRODUCTS ANNOUNCES FIRST QUARTER 2023 FINANCIAL RESULTSApril 29, 2023 | americanbankingnews.comFinancial Analysis: OriginClear (OTCMKTS:OCLN) & Preformed Line Products (NASDAQ:PLPC)April 19, 2023 | finance.yahoo.comInvestors in Preformed Line Products (NASDAQ:PLPC) have made a stellar return of 200% over the past three yearsApril 5, 2023 | americanbankingnews.comPreformed Line Products (NASDAQ:PLPC) Sees Unusually-High Trading VolumeApril 4, 2023 | finance.yahoo.comAre Strong Financial Prospects The Force That Is Driving The Momentum In Preformed Line Products Company's NASDAQ:PLPC) Stock?March 31, 2023 | americanbankingnews.comPreformed Line Products (NASDAQ:PLPC) Hits New 1-Year High at $127.64March 29, 2023 | americanbankingnews.comPreformed Line Products (PLPC) to Issue Quarterly Dividend of $0.20 on April 20thMarch 28, 2023 | msn.comThursday Is Your Last Chance To Buy Preformed Line Products Before The Dividend PayoutMarch 25, 2023 | americanbankingnews.comPreformed Line Products (NASDAQ:PLPC) Sets New 52-Week High Following Dividend AnnouncementMarch 24, 2023 | msn.comPreformed Line Products (PLPC) Declares $0.20 DividendMarch 20, 2023 | finance.yahoo.comInstitutional investors own a significant stake of 39% in Preformed Line Products Company (NASDAQ:PLPC)March 4, 2023 | finance.yahoo.comPreformed Line Products Full Year 2022 Earnings: EPS: US$11.03 (vs US$7.28 in FY 2021)March 1, 2023 | finance.yahoo.comPREFORMED LINE PRODUCTS ANNOUNCES RECORD FOURTH QUARTER AND FULL YEAR 2022 FINANCIAL RESULTSFebruary 25, 2023 | seekingalpha.comUncovering The Growth Potential Of Preformed Line ProductsFebruary 9, 2023 | seekingalpha.comPreformed Line Products Is The Boring Business Your Portfolio Is Asking ForSee More Headlines PLPC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PLPC Company Calendar Last Earnings8/06/2020Ex-Dividend for 4/20 Dividend3/31/2023Dividend Payable4/20/2023Today6/02/2023Next Earnings (Estimated)8/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Water, sewer, & utility lines Sub-IndustryElectrical Components & Equipment SectorComputer and Technology Current SymbolNASDAQ:PLPC CUSIP74044410 CIK80035 Webwww.preformed.com Phone(440) 461-5200Fax440-442-8816Employees3,261Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)$12.69 Trailing P/E Ratio11.99 Forward P/E RatioN/A P/E GrowthN/ANet Income$54.40 million Net Margins9.33% Pretax Margin12.90% Return on Equity18.11% Return on Assets11.35% Debt Debt-to-Equity Ratio0.18 Current Ratio2.71 Quick Ratio1.51 Sales & Book Value Annual Sales$637.02 million Price / Sales1.18 Cash Flow$15.56 per share Price / Cash Flow9.78 Book Value$76.94 per share Price / Book1.98Miscellaneous Outstanding Shares4,950,000Free Float3,211,000Market Cap$753.39 million OptionableNot Optionable Beta0.82 Key ExecutivesRobert G. RuhlmanChairman & Chief Executive OfficerJ. Ryan RuhlmanPresident & DirectorDennis Fredrick McKennaChief Operating OfficerAndrew S. KlausChief Financial OfficerJohn J. OlenikVice President-Research & EngineeringKey CompetitorsPartner CommunicationsNASDAQ:PTNRYSecureWorksNASDAQ:SCWXVTEXNYSE:VTEXHUYANYSE:HUYAi3 VerticalsNASDAQ:IIIVView All CompetitorsInsiders & InstitutionsJPMorgan Chase & Co.Bought 513 shares on 5/18/2023Ownership: 0.039%New York State Common Retirement FundSold 1,200 shares on 5/18/2023Ownership: 0.027%Hotchkis & Wiley Capital Management LLCSold 1,200 shares on 5/16/2023Ownership: 0.691%First Trust Advisors LPBought 456 shares on 5/16/2023Ownership: 0.250%Apollon Wealth Management LLCBought 2,157 shares on 5/16/2023Ownership: 0.044%View All Insider TransactionsView All Institutional Transactions PLPC Stock - Frequently Asked Questions How have PLPC shares performed in 2023? Preformed Line Products' stock was trading at $83.29 on January 1st, 2023. Since then, PLPC stock has increased by 82.7% and is now trading at $152.20. View the best growth stocks for 2023 here. When is Preformed Line Products' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our PLPC earnings forecast. How were Preformed Line Products' earnings last quarter? Preformed Line Products (NASDAQ:PLPC) posted its earnings results on Thursday, August, 6th. The technology company reported $2.11 earnings per share (EPS) for the quarter. The technology company had revenue of $117.63 million for the quarter. Preformed Line Products had a net margin of 9.33% and a trailing twelve-month return on equity of 18.11%. 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 Wednesday, March 22nd. Investors of record on Monday, April 3rd will be given a dividend of $0.20 per share on Thursday, April 20th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.53%. The ex-dividend date of this dividend is Friday, March 31st. Read our dividend analysis for PLPC. What ETFs hold Preformed Line Products' stock? ETFs with the largest weight of Preformed Line Products (NASDAQ:PLPC) stock in their portfolio include Roundhill Acquirers Deep Value ETF (DEEP), AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), First Trust Dow Jones Select Microcap Index Fund (FDM), Hartford Multifactor Small Cap ETF (ROSC), Gabelli Love Our Planet & People ETF (LOPP), First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID), Carbon Collective Climate Solutions U.S. Equity ETF (CCSO). Is Preformed Line Products a good dividend stock? Preformed Line Products (NASDAQ:PLPC) pays an annual dividend of $0.80 per share and currently has a dividend yield of 0.52%. The dividend payout ratio is 6.30%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for PLPC. What is Robert G. Ruhlman's approval rating as Preformed Line Products' CEO? 17 employees have rated Preformed Line Products Chief Executive Officer Robert G. Ruhlman on Glassdoor.com. Robert G. Ruhlman has an approval rating of 71% among the company's employees. 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 Corning (GLW), Bristol-Myers Squibb (BMY), Mondi (MNDI), AbbVie (ABBV), Compañía de Minas Buenaventura S.A.A. (BVN), General Motors (GM), International Business Machines (IBM), ImmunoGen (IMGN), Pfizer (PFE) and Verizon Communications (VZ). What is Preformed Line Products' stock symbol? Preformed Line Products trades on the NASDAQ under the ticker symbol "PLPC." Who are Preformed Line Products' major shareholders? Preformed Line Products' stock is owned by many different institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (7.34%), Royce & Associates LP (6.76%), BlackRock Inc. (3.26%), HighTower Advisors LLC (3.21%), Renaissance Technologies LLC (1.29%) and State Street Corp (1.18%). Insiders that own company stock include Andrew S Klaus, Andrew S Klaus, Barbara P Ruhlman Revocable Tr, Michael E Gibbons and Michael E Gibbons. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Preformed Line Products' stock price today? One share of PLPC stock can currently be purchased for approximately $152.20. How much money does Preformed Line Products make? Preformed Line Products (NASDAQ:PLPC) has a market capitalization of $753.39 million and generates $637.02 million in revenue each year. The technology company earns $54.40 million in net income (profit) each year or $12.69 on an earnings per share basis. How many employees does Preformed Line Products have? The company employs 3,261 workers across the globe. How can I contact Preformed Line Products? Preformed Line Products' mailing address is 660 Beta Drive, Mayfield Village OH, 44143. The official website for the company is www.preformed.com. The technology company can be reached via phone at (440) 461-5200, via email at inquiries@preformed.com, or via fax at 440-442-8816. This page (NASDAQ:PLPC) was last updated on 6/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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