Preformed Line Products Company (PLPC)
Market Cap | 608.23M |
Revenue (ttm) | 572.20M |
Net Income (ttm) | 32.97M |
Shares Out | 4.90M |
EPS (ttm) | 6.65 |
PE Ratio | 18.69 |
Forward PE | n/a |
Dividend | $0.80 (0.64%) |
Ex-Dividend Date | Oct 1, 2024 |
Volume | 30,166 |
Open | 125.63 |
Previous Close | 126.88 |
Day's Range | 123.19 - 126.53 |
52-Week Range | 109.01 - 145.28 |
Beta | 0.62 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Oct 30, 2024 |
About PLPC
Preformed Line Products Company, together with its subsidiaries, designs and manufactures products and systems that are used in the construction and maintenance of overhead, ground-mounted, and underground networks for the energy, telecommunication, cable, data communication, and other industries. The company offers optical ground wire products to support, protect, terminate, and splice transmission and distribution lines, as well as bolted, welded, and compressed connectors for substations; and string hardware products, polymer insulators, wil... [Read more]
Financial Performance
In 2023, PLPC's revenue was $669.68 million, an increase of 5.13% compared to the previous year's $637.02 million. Earnings were $63.33 million, an increase of 16.43%.
Financial StatementsNews
PREFORMED LINE PRODUCTS ANNOUNCES QUARTERLY DIVIDEND
CLEVELAND , Dec. 18, 2024 /PRNewswire/ -- The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on December 3, 2024, declared a regular quarterly dividend in the amount of $.20 per share on...
PREFORMED LINE PRODUCTS ANNOUNCES THIRD QUARTER 2024 FINANCIAL RESULTS
CLEVELAND , Oct. 30, 2024 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its third quarter of 2024. Net sales in the third quarter of 2024 were $14...
PREFORMED LINE PRODUCTS ANNOUNCES SECOND QUARTER 2024 FINANCIAL RESULTS
CLEVELAND , July 31, 2024 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its second quarter of 2024. Net sales in the second quarter of 2024 were $...
PREFORMED LINE PRODUCTS ANNOUNCES FIRST QUARTER 2024 FINANCIAL RESULTS
CLEVELAND , May 1, 2024 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its first quarter of 2024. Net sales in the first quarter of 2024 were $140....
PREFORMED LINE PRODUCTS ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS
CLEVELAND , March 7, 2024 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its fourth quarter and full year ended December 31, 2023. Full Year 2023 H...
Preformed Line: Steady Growth Expected To Deliver More Capital Gains
Preformed Line Products is a growth company with a strong track record of unveiling new products and making acquisitions. PLP operates in the energy, communication, and special industries sectors, and...
PLP APPOINTS DENNIS F. MCKENNA AS CHIEF EXECUTIVE OFFICER, ROBERT G.
CLEVELAND , Nov. 22, 2023 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today announced that its Board of Directors has appointed Dennis F. McKenna as Chief Executive Officer, effecti...
PREFORMED LINE PRODUCTS ANNOUNCES THIRD QUARTER 2023 FINANCIAL RESULTS
CLEVELAND , Nov. 1, 2023 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its third quarter of 2023. Q3 2023 Highlights: Net sales decline of 3% Dilu...
Preformed Line Products Company: Patience Is Key
Preformed Line Products Company offers products for data infrastructure, including power conductor and fiber communication cables. Despite the stock's underperformance, Preformed Line Products' financ...
Preformed Line Products: Reasonable Valuation Despite Potential International Cyclicality
Preformed Line Products has benefitted from both domestic and international demand tailwinds over the past few years. It's clear that U.S. tailwinds will continue for a long time, as the current admin...
Preformed Line Products: Solid Way To Gain Exposure To Infrastructure Spending
Preformed Line Products Company has seen its share price appreciate by 185% over the past year, with strong EPS growth and a low forward P/E ratio. PLPC specializes in providing goods for the industri...
PREFORMED LINE PRODUCTS ANNOUNCES SECOND QUARTER 2023 FINANCIAL RESULTS
CLEVELAND , Aug. 2, 2023 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its second quarter of 2023. Q2 2023 Highlights: Net sales growth of 11% com...
PLP NAMES J. RYAN RUHLMAN PRESIDENT OF THE COMPANY
CLEVELAND , May 18, 2023 /PRNewswire/ -- The Board of Directors of Preformed Line Products Company (NASDAQ: PLPC) is pleased to announce that it has appointed Mr. J. Ryan Ruhlman, age 40, as President...
Preformed Line Products Company: A Solid Prospect Even After Such A Great Run
Preformed Line Products Company has had a great run in recent months, with shares driven higher by robust financial improvements. This trend looks set to continue for the foreseeable future, though th...
PREFORMED LINE PRODUCTS ANNOUNCES FIRST QUARTER 2023 FINANCIAL RESULTS
CLEVELAND , May 3, 2023 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its first quarter of 2023. Q1 2023 Highlights: Fourth consecutive record of ...
PREFORMED LINE PRODUCTS ANNOUNCES RECORD FOURTH QUARTER AND FULL YEAR 2022 FINANCIAL RESULTS
CLEVELAND , March 1, 2023 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its fourth quarter and full year ended December 31, 2022. Q4 2022 Highligh...
Uncovering The Growth Potential Of Preformed Line Products
Preformed Line Products is positioned to benefit from the trend towards 5G, EV charging infrastructure expansion, and solar energy adoption. The company is strong financially and supports its growth t...
Preformed Line Products Is The Boring Business Your Portfolio Is Asking For
I recently finished rereading Peter Lynch's One Up On Wall Street. When I came across Preformed Line Products, I realized that this is the kind of business that was being referred to in Lynch's book.
PLP ANNOUNCES ACQUISITION OF PILOT PLASTICS ASSETS
CLEVELAND , Feb. 2, 2023 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) announced today that it has acquired substantially all of the assets of Pilot Plastics, Inc. Founded in 2001 and...
PREFORMED LINE PRODUCTS ANNOUNCES THIRD QUARTER AND FIRST NINE MONTHS 2022 FINANCIAL RESULTS
CLEVELAND , Nov. 1, 2022 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its third quarter ended September 30, 2022. Q3 2022 Highlights: Second cons...
PLP ANNOUNCES ACQUISITION OF DELTA CONECTORES, S.A. DE C.V.
CLEVELAND , Oct. 17, 2022 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) announced today that it has acquired Delta Conectores, S.A. de C.V. Founded in 1979 and based out of Aguascalie...
Volume Breakout Report: August 13, 2022 (Technical Analysis)
Trailing pick performance, future stock market risks, and some housekeeping items are discussed. 4 new buy signals are explained.
Preformed Line Products Is A Surging Undervalued Backdoor EV Play
The power grid in the U.S. and internationally is not sufficient to handle the expected electric vehicle growth over the next 5-10 years. A massive buildout is required that will benefit suppliers to ...
PREFORMED LINE PRODUCTS ANNOUNCES SECOND QUARTER AND FIRST HALF 2022 FINANCIAL RESULTS
CLEVELAND , Aug. 4, 2022 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its second quarter ended June 30, 2022. Q2 2022 Highlights: Record quarterl...
PREFORMED LINE PRODUCTS ANNOUNCES FIRST QUARTER 2022 FINANCIAL RESULTS
CLEVELAND , May 5, 2022 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its first quarter ended March 31, 2022. Q1 2022 Highlights: Net sales increa...