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

Company Overview

Preformed Line Products Company (NASDAQ: PLPC) manufactures products and systems used to construct, maintain and improve overhead and underground networks. Its customers include electric utilities, telecommunications providers, cable operators and other infrastructure companies.

The company’s offerings include products for transmission and distribution lines, substation and utility applications, communications networks, broadband and data infrastructure, and renewable-energy installations. Its portfolio includes fittings, hardware, enclosures, cable accessories, fiber-optic products and related solutions designed to support and protect wire and cable systems.

Founded in 1947, Preformed Line Products serves customers through manufacturing and distribution operations in North America and international markets, including parts of South America, Europe, Asia, Africa and Australia. The company sells its products through direct sales channels, distributors and representatives to infrastructure and industrial customers worldwide.

Key Stats

• Today's Range: $421.14 to $441.39
• 50-Day Range: $283.51 to $480.77
• 52-Week Range: $184.02 to $504.69
• Volume: 68,162 shs
• Average Volume: 66,591 shs
• Market Capitalization: $2.07 billion
• P/E Ratio: 47.67
• Dividend Yield: 0.20%
• Price Target: $275.00
• Consensus Rating: Buy

Preformed Line Products Stock Analysis - MarketRank™

Preformed Line Products scored higher than 40% of companies evaluated by MarketBeat, and ranked 507th out of 671 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.9 / 5
• Analyst Rating: Buy

Consensus Rating

Preformed Line Products has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 strong buy rating, no buy ratings, 1 hold rating, and no sell ratings.

Downside Risk

Preformed Line Products has a consensus price target of $275.00, representing about 35.0% downside from its current price of $423.33.

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: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Preformed Line Products is 47.67, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 44.64.

Price to Earnings Ratio vs. Sector

The P/E ratio of Preformed Line Products is 47.67, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 25.32.

Price to Book Value per Share Ratio

Preformed Line Products has a P/B Ratio of 4.36. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.52% 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 2.22, 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 decreased by 2.08%, indicating that investor sentiment is improving.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Preformed Line Products has a dividend yield of 0.20%, 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 9.46%. This payout ratio is at a healthy, sustainable level, below 75%.

News and Social Media

• Score: 3.7 / 5
• News Sentiment: 0.86

News Sentiment

Preformed Line Products has a news sentiment score of 0.86. 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 0.57 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Preformed Line Products this week, compared to 1 article on an average week.

MarketBeat Follows

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

Company Ownership

• Score: 1.9 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Preformed Line Products insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $914,040.00 in 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 7/20 Dividend: 7/01/2026
• Ex-Dividend for 7/20 Dividend: 7/01/2026
• Dividend Payable: 7/20/2026
• Last Earnings: 7/29/2026
• Today: 9/27/2026
• Record date for 10/20 Dividend: 10/01/2026
• Ex-Dividend for 10/20 Dividend: 10/01/2026
• Dividend Payable: 10/20/2026
• Next Earnings (Estimated): 10/28/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrials
• Industry: Electrical Equipment
• 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: -35.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): $8.88
• Trailing P/E Ratio: 47.67
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $35.28 million
• Net Margins: 5.82%
• Pretax Margin: 7.76%
• Return on Equity: 10.64%
• Return on Assets: 7.65%

Debt

• Debt-to-Equity Ratio: 0.07
• Current Ratio: 2.99
• Quick Ratio: 1.88

Sales & Book Value

• Annual Sales: $669.34 million
• Price / Sales: 3.09
• Cash Flow: $13.47 per share
• Price / Cash Flow: 31.42
• Book Value: $97.01 per share
• Price / Book: 4.36

Miscellaneous

• Outstanding Shares: 4,890,000
• Free Float: 3,276,000
• Market Cap: $2.07 billion
• Optionable: Not Optionable
• Beta: 0.93