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

Company Overview

Preformed Line Products Company (NASDAQ: PLPC) is a global manufacturer specializing in products and services for the electric utility, telecommunications, and renewable energy markets. Founded in 1947 and headquartered in Mayfield Village, Ohio, the company develops engineered solutions designed to enhance the performance and reliability of electrical power lines and communication networks. Over its decades of operation, Preformed Line Products has cultivated a reputation for innovation in corrosion-resistant connectors, fittings, guying and anchoring devices, and advanced communications hardware.

The company’s product portfolio includes a diverse array of insulated tools, vibration dampers, splice closures, optical fiber preforms, and composite polymer crossarms. These offerings serve to improve installation efficiency, minimize maintenance requirements, and extend asset lifecycles. Preformed Line Products leverages in-house testing facilities and proprietary design software to ensure that each component meets stringent industry standards and withstands challenging environmental conditions, from high-voltage transmission corridors to harsh coastal installations.

Preformed Line Products operates manufacturing facilities and sales offices across North America, Europe, Australia, Latin America, Africa, and Asia. This global footprint enables the company to support major electric utilities, independent power producers, telecommunications carriers, and large-scale renewable energy developers with localized technical service and rapid product delivery. Cross-border projects benefit from the company’s logistics networks and collaborative engineering approach, which adapts product specifications to regional voltage requirements and regulatory standards.

Under the leadership of Chairman and Chief Executive Officer Joseph T. Zito, Preformed Line Products has emphasized strategic investments in research and development, acquisitions of complementary product lines, and expansion into emerging energy markets. The management team’s focus on operational excellence and customer-driven innovation has guided the company through evolving industry dynamics, including the transition to smart grid technologies and the growing deployment of fiber-to-the-home networks. Preformed Line Products continues to pursue growth by aligning its technical capabilities with the infrastructure needs of utilities and communications providers worldwide.

Key Stats

• Today's Range: $164.32 to $169.36
• 50-Day Range: $132.31 to $169.09
• 52-Week Range: $109.01 to $170.47
• Volume: 128,782 shs
• Average Volume: 33,056 shs
• Market Capitalization: $818.71 million
• P/E Ratio: 21.01
• Dividend Yield: 0.48%
• Price Target: N/A
• Consensus Rating: N/A

Preformed Line Products Stock Analysis - MarketRank™

Preformed Line Products scored higher than 35% of companies evaluated by MarketBeat, and ranked 480th out of 655 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 21.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.95.

Price to Earnings Ratio vs. Sector

The P/E ratio of Preformed Line Products is 21.01, 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 37.10.

Price to Book Value per Share Ratio

Preformed Line Products has a P/B Ratio of 1.92. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.68% 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 2.1, 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 20.62%, 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 0.47%, 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 10.14%. 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

3.68% 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 2.1, 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 20.62%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.47

News Sentiment

Preformed Line Products has a news sentiment score of 0.47. 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 lower news sentiment than the 0.65 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Preformed Line Products this week, compared to 2 articles on an average week.

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 shares have increased by 29.7% and is now trading at $165.73.

How were Preformed Line Products' earnings last quarter?

Preformed Line Products Company (NASDAQ:PLPC) announced its earnings results on Thursday, May, 1st. The technology company reported $2.33 earnings per share (EPS) for the quarter. The technology company earned $148.54 million during the quarter. Preformed Line Products had a trailing twelve-month return on equity of 9.16% and a net margin of 6.49%.

Who are Preformed Line Products' major shareholders?

Top institutional investors of Preformed Line Products include Baker Ellis Asset Management LLC (0.08%). 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 4/21 Dividend: 4/01/2025
• Ex-Dividend for 4/21 Dividend: 4/01/2025
• Dividend Payable: 4/21/2025
• Last Earnings: 5/01/2025
• Record date for 7/20 Dividend: 7/01/2025
• Ex-Dividend for 7/20 Dividend: 7/01/2025
• Today: 7/08/2025
• Dividend Payable: 7/20/2025
• Next Earnings (Estimated): 7/30/2025
• 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: 3,401
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): $7.89
• Trailing P/E Ratio: 21.12
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $37.09 million
• Net Margins: 6.49%
• Pretax Margin: 8.74%
• Return on Equity: 9.16%
• Return on Assets: 6.70%

Debt

• Debt-to-Equity Ratio: 0.06
• Current Ratio: 3.08
• Quick Ratio: 1.81

Sales & Book Value

• Annual Sales: $593.71 million
• Price / Sales: 1.39
• Cash Flow: $11.66 per share
• Price / Cash Flow: 14.31
• Book Value: $86.23 per share
• Price / Book: 1.93

Miscellaneous

• Outstanding Shares: 4,940,000
• Free Float: 3,270,000
• Market Cap: $824.02 million
• Optionable: Not Optionable
• Beta: 0.77