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

$46.50
-1.07 (-2.25 %)
(As of 03/27/2020 04:00 PM ET)
Today's Range
$42.69
Now: $46.50
$47.00
50-Day Range
$36.41
MA: $49.60
$56.81
52-Week Range
$36.16
Now: $46.50
$76.60
Volume6,763 shs
Average Volume15,070 shs
Market Capitalization$233.43 million
P/E Ratio10.20
Dividend Yield1.68%
Beta1.61
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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Preformed Line Products logo

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$444.86 million
Cash Flow$7.23 per share
Book Value$53.62 per share

Profitability

Net Income$23.30 million

Miscellaneous

Employees2,983
Market Cap$233.43 million
Next Earnings Date5/1/2020 (Estimated)
OptionableNot Optionable

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Preformed Line Products (NASDAQ:PLPC) Frequently Asked Questions

How has Preformed Line Products' stock been impacted by COVID-19 (Coronavirus)?

Preformed Line Products' stock was trading at $42.25 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, PLPC shares have increased by 10.1% and is now trading at $46.50. View which stocks have been mosted impacted by Coronavirus.

When is Preformed Line Products' next earnings date?

Preformed Line Products is scheduled to release its next quarterly earnings announcement on Friday, May 1st 2020. View our earnings forecast for Preformed Line Products.

How were Preformed Line Products' earnings last quarter?

Preformed Line Products (NASDAQ:PLPC) announced its quarterly earnings data on Friday, March, 6th. The technology company reported $1.09 earnings per share for the quarter. The technology company earned $113.65 million during the quarter. Preformed Line Products had a net margin of 5.24% and a return on equity of 8.99%. View Preformed Line Products' earnings history.

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

Preformed Line Products announced a quarterly dividend on Friday, March 20th. Investors of record on Wednesday, April 1st will be paid a dividend of $0.20 per share on Monday, April 20th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.72%. The ex-dividend date is Tuesday, March 31st. View Preformed Line Products' dividend history.

Has Preformed Line Products been receiving favorable news coverage?

Media coverage about PLPC stock has been trending very positive this week, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Preformed Line Products earned a news impact score of 4.0 on InfoTrie's scale. They also gave news articles about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutPreformed Line Products.

Are investors shorting Preformed Line Products?

Preformed Line Products saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 13,100 shares, an increase of 104.7% from the February 27th total of 6,400 shares. Based on an average daily volume of 10,200 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.6% of the company's shares are short sold. View Preformed Line Products' Current Options Chain.

Who are some of Preformed Line Products' key competitors?

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), Mondi (MNDI), AbbVie (ABBV), Bristol-Myers Squibb (BMY), Compania de Minas Buenaventura SAA (BVN), General Motors (GM), IBM (IBM), Verizon Communications (VZ), Exxon Mobil (XOM) and ImmunoGen (IMGN).

Who are Preformed Line Products' key executives?

Preformed Line Products' management team includes the following 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)

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 Royce & Associates LP (8.88%), Dalton Greiner Hartman Maher & Co. (1.65%), Renaissance Technologies LLC (1.65%), LSV Asset Management (1.51%), State Street Corp (1.09%) and Geode Capital Management LLC (1.09%). Company insiders that own Preformed Line Products stock include Michael E Gibbons and Robert G Ruhlman. View institutional ownership trends for Preformed Line Products.

Which major investors are selling Preformed Line Products stock?

PLPC stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Royce & Associates LP, Nuveen Asset Management LLC, Seizert Capital Partners LLC, Geode Capital Management LLC, Alambic Investment Management L.P., Oxford Asset Management LLP, and Charles Schwab Investment Management Inc.. View insider buying and selling activity for Preformed Line Products.

Which major investors are buying Preformed Line Products stock?

PLPC stock was bought by a variety of institutional investors in the last quarter, including THB Asset Management, UBS Group AG, Renaissance Technologies LLC, Shaker Investments LLC OH, LSV Asset Management, Dalton Greiner Hartman Maher & Co., Hotchkis & Wiley Capital Management LLC, and State Street Corp. Company insiders that have bought Preformed Line Products stock in the last two years include Michael E Gibbons, and Robert G Ruhlman. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Preformed Line Products' stock price today?

One share of PLPC stock can currently be purchased for approximately $46.50.

How big of a company is Preformed Line Products?

Preformed Line Products has a market capitalization of $233.43 million and generates $444.86 million in revenue each year. Preformed Line Products employs 2,983 workers across the globe. View additional information about Preformed Line Products.

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:  210 (Vote Outperform)
Underperform Votes:  211 (Vote Underperform)
Total Votes:  421
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 3/28/2020 by MarketBeat.com Staff

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