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Industrials - Electrical Equipment & Parts - NASDAQ - US
$ 134.03
-2.3 %
$ 656 M
Market Cap
20.15
P/E
1. INTRINSIC VALUE

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 operator, information, and other industries. The company offers formed wire 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 to protect fixed line communication networks, such as copper cable or fiber optic cable from moisture, environmental hazards, and other contaminants; and hardware assemblies, pole line hardware, resale products, underground connectors, solar hardware systems, guy markers, tree guards, fiber optic cable markers, pedestal markers, and urethane products that are used by energy, renewable energy, communications, cable, and special industries for various applications.[ Read More ]

The intrinsic value of one PLPC stock under the base case scenario is HIDDEN Compared to the current market price of 134 USD, Preformed Line Products Company is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart PLPC

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FINANCIALS
670 M REVENUE
5.13%
84.2 M OPERATING INCOME
21.33%
63.3 M NET INCOME
16.43%
108 M OPERATING CASH FLOW
311.59%
-44.8 M INVESTING CASH FLOW
4.20%
-48.9 M FINANCING CASH FLOW
-217.02%
147 M REVENUE
5.95%
10.4 M OPERATING INCOME
-7.97%
7.7 M NET INCOME
-17.82%
9.37 M OPERATING CASH FLOW
-66.90%
-3.45 M INVESTING CASH FLOW
4.28%
-7.3 M FINANCING CASH FLOW
66.58%
Balance Sheet Decomposition Preformed Line Products Company
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Current Assets 325 M
Cash & Short-Term Investments 53.6 M
Receivables 107 M
Other Current Assets 164 M
Non-Current Assets 278 M
Long-Term Investments 0
PP&E 220 M
Other Non-Current Assets 58.8 M
Current Liabilities 111 M
Accounts Payable 37.8 M
Short-Term Debt 15.3 M
Other Current Liabilities 58.3 M
Non-Current Liabilities 75.7 M
Long-Term Debt 56.7 M
Other Non-Current Liabilities 19 M
EFFICIENCY
Earnings Waterfall Preformed Line Products Company
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Revenue 670 M
Cost Of Revenue 435 M
Gross Profit 235 M
Operating Expenses 151 M
Operating Income 84.2 M
Other Expenses 20.8 M
Net Income 63.3 M
RATIOS
35.07% GROSS MARGIN
35.07%
12.57% OPERATING MARGIN
12.57%
9.46% NET MARGIN
9.46%
15.22% ROE
15.22%
10.50% ROA
10.50%
13.53% ROIC
13.53%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Preformed Line Products Company
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Net Income 63.3 M
Depreciation & Amortization 18.9 M
Capital Expenditures -35.3 M
Stock-Based Compensation 4.95 M
Change in Working Capital 14.7 M
Others 8.36 M
Free Cash Flow 72.3 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Preformed Line Products Company
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PLPC has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.16% DIVIDEND YIELD
0.2 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Preformed Line Products Company
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 year ago
May 16, 2023
Sell 56.1 K USD
GIBBONS MICHAEL E
Director
- 379
148.12 USD
1 year ago
May 16, 2023
Sell 65.8 K USD
GIBBONS MICHAEL E
Director
- 448
146.95 USD
1 year ago
May 16, 2023
Sell 236 K USD
GIBBONS MICHAEL E
Director
- 1619
145.84 USD
1 year ago
May 16, 2023
Sell 176 K USD
GIBBONS MICHAEL E
Director
- 1214
144.79 USD
1 year ago
Apr 21, 2023
Bought 1.53 K USD
GIBBONS MICHAEL E
Director
+ 12
127.69 USD
1 year ago
Jan 30, 2023
Bought 1.49 K USD
GIBBONS MICHAEL E
Director
+ 17
87.503 USD
2 years ago
Oct 21, 2022
Bought 1.41 K USD
GIBBONS MICHAEL E
Director
+ 19
74.028 USD
2 years ago
Sep 14, 2022
Bought 36 M USD
RUHLMAN RANDALL M
10 percent owner
+ 810400
44.4 USD
2 years ago
Sep 14, 2022
Sell 36 M USD
RUHLMAN RANDALL M
10 percent owner
- 810400
44.4 USD
2 years ago
Jul 22, 2022
Bought 1.47 K USD
GIBBONS MICHAEL E
director:
+ 24
61.0539 USD
2 years ago
Apr 22, 2022
Bought 1.46 K USD
GIBBONS MICHAEL E
director:
+ 23
63.42 USD
2 years ago
Jan 20, 2022
Bought 1.28 K USD
GIBBONS MICHAEL E
Director
+ 21
60.74 USD
3 years ago
Oct 20, 2021
Bought 1.27 K USD
GIBBONS MICHAEL E
Director
+ 19
67.09 USD
3 years ago
Jul 20, 2021
Bought 1.22 K USD
GIBBONS MICHAEL E
Director
+ 17
71.91 USD
3 years ago
Jul 20, 2021
Bought 793 USD
Klaus Andrew S
CFO
+ 11
72.1 USD
3 years ago
Apr 20, 2021
Bought 1.31 K USD
GIBBONS MICHAEL E
Director
+ 19
68.88 USD
3 years ago
Apr 20, 2021
Bought 819 USD
Klaus Andrew S
CFO
+ 12
68.21 USD
3 years ago
Jan 21, 2021
Bought 1.1 K USD
GIBBONS MICHAEL E
Director
+ 16
68.63 USD
3 years ago
Jan 20, 2021
Bought 839 USD
Klaus Andrew S
CFO
+ 12
69.94 USD
4 years ago
Oct 20, 2020
Bought 1.12 K USD
GIBBONS MICHAEL E
Director
+ 22
51.04 USD
4 years ago
Oct 20, 2020
Bought 775 USD
Klaus Andrew S
CFO
+ 15
51.67 USD
4 years ago
Jul 21, 2020
Bought 1.11 K USD
GIBBONS MICHAEL E
Director
+ 21
52.99 USD
4 years ago
Jul 20, 2020
Bought 754 USD
Klaus Andrew S
CFO
+ 15
50.28 USD
4 years ago
May 07, 2020
Bought 35.3 K USD
Klaus Andrew S
CFO
+ 737
47.88 USD
4 years ago
May 07, 2020
Bought 1.26 K USD
Klaus Andrew S
CFO
+ 27
46.75 USD
4 years ago
May 06, 2020
Bought 48.1 K USD
Klaus Andrew S
CFO
+ 1000
48.09 USD
4 years ago
May 06, 2020
Bought 7.52 K USD
Klaus Andrew S
CFO
+ 150
50.1 USD
4 years ago
May 06, 2020
Bought 87.6 K USD
Klaus Andrew S
CFO
+ 1850
47.33 USD
4 years ago
May 05, 2020
Bought 12.1 K USD
Klaus Andrew S
CFO
+ 236
51.15 USD
4 years ago
May 07, 2020
Bought 36.5 K USD
Klaus Andrew S
CFO
+ 764
47.84 USD
4 years ago
May 06, 2020
Bought 143 K USD
Klaus Andrew S
CFO
+ 3000
47.72 USD
4 years ago
May 05, 2020
Bought 12.1 K USD
Klaus Andrew S
CFO
+ 236
51.15 USD
4 years ago
Apr 21, 2020
Bought 1.07 K USD
GIBBONS MICHAEL E
Director
+ 23
46.71 USD
4 years ago
Mar 10, 2020
Bought 9.14 K USD
RUHLMAN ROBERT G
President - CEO
+ 200
45.68 USD
4 years ago
Mar 10, 2020
Bought 9.21 K USD
RUHLMAN ROBERT G
President - CEO
+ 200
46.04 USD
4 years ago
Jan 22, 2020
Bought 900 USD
GIBBONS MICHAEL E
Director
+ 15
60 USD
5 years ago
Oct 22, 2019
Bought 925 USD
GIBBONS MICHAEL E
Director
+ 17
54.4 USD
5 years ago
Jan 22, 2019
Bought 932 USD
GIBBONS MICHAEL E
Director
+ 16
58.259 USD
6 years ago
Oct 22, 2018
Bought 853 USD
GIBBONS MICHAEL E
Director
+ 12
71.079 USD
6 years ago
Jul 23, 2018
Bought 787 USD
GIBBONS MICHAEL E
Director
+ 9
87.45 USD
6 years ago
Apr 24, 2018
Bought 759 USD
GIBBONS MICHAEL E
Director
+ 11
69 USD
6 years ago
Jan 22, 2018
Bought 675 USD
GIBBONS MICHAEL E
Director
+ 8
84.34 USD
6 years ago
Nov 30, 2017
Sell 214 K USD
CURLEE J CECIL JR
V.P. - Human Resources
- 3130
68.5 USD
7 years ago
Nov 14, 2017
Sell 229 K USD
David C Sunkle
VP-Research & Engineering
- 3677
62.36 USD
7 years ago
Oct 25, 2017
Bought 715 USD
GIBBONS MICHAEL E
Director
+ 10
71.469 USD
7 years ago
Jul 21, 2017
Bought 739 USD
GIBBONS MICHAEL E
Director
+ 15
49.29 USD
7 years ago
Apr 21, 2017
Bought 730 USD
GIBBONS MICHAEL E
Director
+ 14
52.1486 USD
7 years ago
Jan 23, 2017
Bought 639 USD
GIBBONS MICHAEL E
Director
+ 12
53.28 USD
8 years ago
Oct 21, 2016
Bought 682 USD
GIBBONS MICHAEL E
Director
+ 16
42.64 USD
8 years ago
Jul 25, 2016
Bought 667 USD
GIBBONS MICHAEL E
Director
+ 14
47.64 USD
8 years ago
May 26, 2016
Bought 659 USD
GIBBONS MICHAEL E
Director
+ 15
43.95 USD
7. News
Preformed Line Products Earnings and Sales Decline Y/Y in Q3 PLPC's earnings in Q3 reflect the impacts of reduced sales volume, particularly in the U.S. segment. zacks.com - 2 weeks ago
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 $147.0 million compared to $160.4 million in the third quarter of 2023, an 8% decrease. prnewswire.com - 2 weeks ago
The Zacks Analyst Blog Costco, The Coca-Cola, T-Mobile US and Preformed Line Products Costco, The Coca-Cola, T-Mobile US and Preformed Line Products are included in this Analyst Blog. zacks.com - 2 weeks ago
PREFORMED LINE PRODUCTS ANNOUNCES QUARTERLY DIVIDEND CLEVELAND , Sept. 19, 2024 /PRNewswire/ -- The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on September 18, 2024, declared a regular quarterly dividend in the amount of $.20 per share on the Company's common shares, payable October 21, 2024, to shareholders of record at the close of business on October 1, 2024. prnewswire.com - 1 month ago
Preformed Line Products (PLPC) Earnings Decline Y/Y in Q2 A continued slowdown in spending within the communications end market hurt Preformed Line Products' (PLPC) earnings in Q2. zacks.com - 3 months ago
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 $138.7 million compared to $181.8 million in the second quarter of 2023, a 24% decrease. prnewswire.com - 3 months ago
PREFORMED LINE PRODUCTS ANNOUNCES QUARTERLY DIVIDEND CLEVELAND , June 19, 2024 /PRNewswire/ -- The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on June 19, 2024, declared a regular quarterly dividend in the amount of $.20 per share on the Company's common shares, payable July 19, 2024, to shareholders of record at the close of business on July 1, 2024. ABOUT PLP PLP protects the world's most critical connections by creating stronger and more reliable networks. prnewswire.com - 4 months ago
Zacks Initiates Coverage of Preformed Line Products With Neutral Recommendation Discover why Zacks rates Preformed Line Products as "Neutral," being the first on Wall Street to initiate coverage on the stock. Explore if PLPC is a hidden gem in the energy and telecom infrastructure sector, with a solid financial base but facing market volatility. zacks.com - 5 months ago
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 $140.9 million compared to $181.8 million in the first quarter of 2023, a 22% decrease due primarily to a slowdown in spending within the communications end market. prnewswire.com - 6 months ago
PREFORMED LINE PRODUCTS ANNOUNCES QUARTERLY DIVIDEND CLEVELAND , March 18, 2024 /PRNewswire/ -- The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on March 15, 2024, declared a regular quarterly dividend in the amount of $.20 per share on the Company's common shares, payable April 19, 2024, to shareholders of record at the close of business on April 2, 2024. ABOUT PLP PLP protects the world's most critical connections by creating stronger and more reliable networks. prnewswire.com - 8 months ago
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 Highlights: Fifth consecutive year of record annual net sales; increased 5% from 2022 Record net income of $63.3 million Diluted EPS of $12.68, an increase of 17% from 2022, a new annual record Net cash provided by operating activities of $107.7 million Net sales in the fourth quarter of 2023 were $145.6 million compared to $169.9 million in the fourth quarter of 2022, a 14% decrease due primarily to a reduction in communication product sales as the market remains soft and customers destock inventory positions. prnewswire.com - 8 months ago
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 should benefit from the Infrastructure Act and lower inflation. The company's financial performance is strong, with impressive growth rates, good margins, and an undervalued stock price, making it a recommended Buy. seekingalpha.com - 9 months ago
8. Profile Summary

Preformed Line Products Company PLPC

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COUNTRY US
INDUSTRY Electrical Equipment & Parts
MARKET CAP $ 656 M
Dividend Yield 0.16%
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, telecommunication, cable operator, information, and other industries. The company offers formed wire 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 to protect fixed line communication networks, such as copper cable or fiber optic cable from moisture, environmental hazards, and other contaminants; and hardware assemblies, pole line hardware, resale products, underground connectors, solar hardware systems, guy markers, tree guards, fiber optic cable markers, pedestal markers, and urethane products that are used by energy, renewable energy, communications, cable, and special industries for various applications. The company serves public and private energy utilities and communication companies, cable operators, financial institutions, governmental agencies, contractors and subcontractors, distributors, and value-added resellers in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It markets its products through a direct sales force, as well as through manufacturing representatives. The company was incorporated in 1947 and is headquartered in Mayfield, Ohio.
Contact 660 Beta Drive, Mayfield, OH, 44143 https://www.preformed.com
IPO Date April 28, 1999
Employees 3520
Officers Mr. Robert G. Ruhlman Executive Chairman Mr. Dennis F. McKenna Chief Executive Officer Mr. Jon Ryan Ruhlman President & Director Mr. Andrew S. Klaus Chief Financial Officer Mr. John M. Hofstetter Executive Vice President of US Operations Mr. Thomas F. Peterson Founder Ms. Caroline Saylor Vaccariello General Counsel & Corporate Secretary Mr. Timothy J. O'Shaughnessy Vice President of Human Resources Mr. Tie Koh Vice President of Asia Pacific Region