Preformed Line Products (PLPC)
NASDAQ:PLPC
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Preformed Line Products Company
(NASDAQ:PLPC)
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Rating:76Outperform
Price Target:
$377.00
â–²(83.96% Upside)
Action:Reiterated
Date:05/05/26
The score is driven primarily by strong underlying financial resilience (especially the balance sheet) and favorable technical momentum. These positives are partially offset by weaker earnings quality versus prior peak years and a relatively expensive valuation (high P/E with a low dividend yield).
Positive Factors
Very strong balance sheet
Extremely low leverage and a large equity base provide durable financial flexibility, allowing the company to fund capital projects, pursue bolt-on acquisitions, withstand tariff or cyclical shocks, and maintain operations without reliance on volatile external debt markets.
Negative Factors
Earnings and margin compression
Sustained lower margins and reduced returns on equity signal diminished earnings power versus recent peaks. If cost pressures persist or pricing power is limited, long-run profitability and the company's ability to generate high incremental returns on new investments will be constrained.
Read all positive and negative factors
Positive Factors
Negative Factors
Very strong balance sheet
Extremely low leverage and a large equity base provide durable financial flexibility, allowing the company to fund capital projects, pursue bolt-on acquisitions, withstand tariff or cyclical shocks, and maintain operations without reliance on volatile external debt markets.
Read all positive factors
Preformed Line Products Company (PLPC) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.75B
Dividend Yield0.35%
Average Volume (3M)135.48K
Price to Earnings (P/E)31.6
Beta (1Y)0.76
Revenue Growth15.92%
EPS Growth-12.16%
CountryUS
Employees3,401
SectorIndustrials
Sector Strength72
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)6.98
Shares Outstanding4,888,012
10 Day Avg. Volume87,947
30 Day Avg. Volume135,480
Financial Highlights & Ratios
PEG Ratio-5.59
Price to Book (P/B)2.14
Price to Sales (P/S)1.52
P/FCF Ratio30.50
Enterprise Value/Market Cap0.98
Enterprise Value/Revenue2.47
Enterprise Value/Gross Profit8.00
Enterprise Value/Ebitda27.16
Forecast
1Y Price Target
$372.00Price Target Upside81.52% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)10.03
Revenue Forecast (FY)$769.00M
Preformed Line Products Company Business Overview & Revenue Model
Company Description
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, telecommunicatio...
How the Company Makes Money
PLPC makes money primarily by selling manufactured, engineered hardware and connectivity/accessory products used to build, upgrade, protect, and maintain electric and communications networks. Revenue is generated through (1) product sales to utili...
Preformed Line Products Company Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
90
Very Positive
Cash Flow
70
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 697.08M | 669.34M | 593.71M | 669.68M | 637.02M | 517.42M |
| Gross Profit | 215.09M | 210.47M | 189.81M | 234.85M | 215.18M | 166.24M |
| EBITDA | 63.39M | 78.06M | 71.94M | 103.75M | 93.14M | 63.70M |
| Net Income | 34.29M | 35.28M | 37.09M | 63.33M | 54.40M | 35.73M |
Balance Sheet | ||||||
| Total Assets | 661.83M | 653.62M | 573.88M | 603.15M | 568.48M | 489.02M |
| Cash, Cash Equivalents and Short-Term Investments | 69.45M | 83.39M | 57.24M | 53.61M | 37.24M | 36.41M |
| Total Debt | 41.95M | 47.89M | 37.19M | 71.81M | 98.17M | 69.73M |
| Total Liabilities | 188.25M | 178.10M | 151.55M | 187.00M | 209.85M | 172.92M |
| Stockholders Equity | 473.52M | 475.52M | 422.31M | 416.16M | 358.64M | 316.12M |
Cash Flow | ||||||
| Free Cash Flow | 34.71M | 33.34M | 52.83M | 72.31M | -14.45M | 15.21M |
| Operating Cash Flow | 73.86M | 73.47M | 67.48M | 107.64M | 26.15M | 33.60M |
| Investing Cash Flow | -43.66M | -43.38M | -12.36M | -44.79M | -46.76M | -18.24M |
| Financing Cash Flow | -19.17M | -9.23M | -47.80M | -48.92M | 22.54M | -23.23M |
Preformed Line Products Company Technical Analysis
Positive
204.94
Price Trends
313.25
Positive
282.05
Positive
242.91
Positive
Market Momentum
8.03
Positive
58.74
Neutral
58.69
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PLPC, the sentiment is Positive. The current price of 204.94 is below the 20-day moving average (MA) of 344.50, below the 50-day MA of 313.25, and below the 200-day MA of 242.91, indicating a bullish trend. The MACD of 8.03 indicates Positive momentum. The RSI at 58.74 is Neutral, neither overbought nor oversold. The STOCH value of 58.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PLPC.
Preformed Line Products Company Risk Analysis
Preformed Line Products Company disclosed 17 risk factors in its most recent earnings report. Preformed Line Products Company reported the most risks in the "Ability to Sell" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Preformed Line Products Company Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
84 Outperform | $10.17B | 35.75 | 28.61% | 0.32% | 4.50% | 7.18% | |
80 Outperform | $8.72B | 22.16 | 15.60% | 0.67% | 3.70% | -14.17% | |
78 Outperform | $26.63B | 33.98 | 13.36% | 0.84% | 34.18% | -15.12% | |
76 Outperform | $1.75B | 31.55 | 7.31% | 0.35% | 15.92% | -12.16% | |
64 Neutral | $12.35B | 45.53 | 14.35% | 0.18% | 22.19% | 157.87% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
56 Neutral | $2.86B | -3.97 | -8.68% | 2.02% | -3.36% | -168.34% |
* Industrials Sector Average
PLPC
Preformed Line Products Company
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159.85%
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Preformed Line Products Company Corporate Events
Executive/Board ChangesShareholder Meetings
Preformed Line Products Shareholders Approve Directors, Pay, Auditor
Positive
May 4, 2026
On May 4, 2026, Preformed Line Products Company held its annual meeting of shareholders at its headquarters in Mayfield Village, Ohio, where investors voted on director elections, executive compensation and the external auditor. Shareholders re-el...
Business Operations and StrategyFinancial Disclosures
Preformed Line Products posts strong Q1 sales growth
Positive
Apr 29, 2026
On April 29, 2026, Preformed Line Products reported first-quarter 2026 net sales of $176.3 million, up 19% year over year, with all segments growing and U.S. sales up 26% on strong energy and communications demand. Gross margin improved to 31.3%, ...
Business Operations and StrategyDividendsFinancial Disclosures
Preformed Line Products Posts Q4 Sales Growth Amid Tariffs
Positive
Mar 4, 2026
Preformed Line Products reported on March 4, 2026, that fourth‑quarter 2025 net sales rose 4% year over year to $173.1 million, driven by strength in U.S. energy and communications markets and growth in Asia‑Pacific, including contribu...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.