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

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$62.25 -4.62 (-6.91 %)
(As of 11/13/2018 01:31 PM ET)
Previous Close$66.87
Today's Range$62.20 - $67.11
52-Week Range$55.41 - $96.83
Volume6,415 shs
Average Volume11,248 shs
Market Capitalization$350.35 million
P/E Ratio16.18
Dividend Yield1.14%
Beta1.13
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

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

Debt

Debt-to-Equity Ratio0.13
Current Ratio3.07
Quick Ratio1.90

Price-To-Earnings

Trailing P/E Ratio16.18
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$378.21 million
Price / Sales0.82
Cash Flow$4.4496 per share
Price / Cash13.99
Book Value$46.85 per share
Price / Book1.33

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$12.65 million
Net Margins5.34%
Return on Equity9.07%
Return on Assets6.02%

Miscellaneous

Employees2,762
Outstanding Shares5,010,000
Market Cap$350.35 million
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 announced a quarterly dividend on Wednesday, September 12th. Investors of record on Tuesday, October 2nd will be paid a dividend of $0.20 per share on Friday, October 19th. This represents a $0.80 annualized dividend and a yield of 1.29%. The ex-dividend date of this dividend is Monday, October 1st. View Preformed Line Products' Dividend History.

How will Preformed Line Products' stock buyback program work?

Preformed Line Products announced that its board has initiated a share buyback plan on Saturday, December 16th 2017, which authorizes the company to repurchase 250,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company's management believes its shares are undervalued.

How were Preformed Line Products' earnings last quarter?

Preformed Line Products (NASDAQ:PLPC) posted its quarterly earnings results on Friday, August, 3rd. The technology company reported $1.33 earnings per share for the quarter. The technology company earned $108.92 million during the quarter. Preformed Line Products had a return on equity of 9.07% and a net margin of 5.34%. 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, March 8th 2019. View Earnings Estimates for Preformed Line Products.

Has Preformed Line Products been receiving favorable news coverage?

Media coverage about PLPC stock has been trending positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Preformed Line Products earned a news sentiment score of 2.2 on InfoTrie's scale. They also assigned media headlines about the technology company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company'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), Aegion (AEGN) and MYR Group (MYRG).

Who are Preformed Line Products' key executives?

Preformed Line Products' management team includes the folowing people:
  • Mr. Robert G. Ruhlman, Chairman, Pres & CEO (Age 61)
  • Mr. Michael A. Weisbarth, VP of Fin. & Treasurer (Age 53)
  • Mr. Dennis F. McKenna, Exec. VP of Marketing & Global Bus. Devel. (Age 51)
  • Mr. William H. Haag III, VP of Asia Pacific Region (Age 54)
  • Mr. David C. Sunkle, VP of Research & Engineering and Manufacturing (Age 59)

Who are Preformed Line Products' major shareholders?

Preformed Line Products' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (6.54%), BlackRock Inc. (3.14%), Dalton Greiner Hartman Maher & Co. (1.54%), LSV Asset Management (1.49%), Bank of New York Mellon Corp (0.54%) and Panagora Asset Management Inc. (0.36%). 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 Dalton Greiner Hartman Maher & Co.. View Insider Buying and Selling for Preformed Line Products.

Which institutional investors are buying Preformed Line Products stock?

PLPC stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, LSV Asset Management, Panagora Asset Management Inc., First Trust Advisors LP, Seizert Capital Partners LLC, Ramsey Quantitative Systems, BlackRock Inc. and Bank of New York Mellon Corp. 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 $62.25.

How big of a company is Preformed Line Products?

Preformed Line Products has a market capitalization of $350.35 million and generates $378.21 million in revenue each year. Preformed Line Products employs 2,762 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:  2.6 out of 5 (star star)
Outperform Votes:  115 (Vote Outperform)
Underperform Votes:  103 (Vote Underperform)
Total Votes:  218
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 11/13/2018 by MarketBeat.com Staff

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