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Preformed Line Products Company (PLPC)
NASDAQ:PLPC
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Preformed Line Products Company (PLPC) AI Stock Analysis

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PLPC

Preformed Line Products Company

(NASDAQ:PLPC)

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Outperform 74 (OpenAI - Gpt-5.6Sol)
Rating:74Outperform
Price Target:
$369.00
▼(-8.67% Downside)
Action:Reiterated
Date:08/06/26
The score is driven primarily by solid financial fundamentals (especially a conservative balance sheet) and strong technical momentum. The main offsets are weaker recent cash flow quality and a high P/E valuation, while recent positive corporate developments and record quarterly results provide additional support.
Positive Factors
Conservative balance sheet
Very low leverage limits financial risk and preserves flexibility to fund capacity, acquisitions, and working capital internally. A steadily expanding equity base also provides resilience if utility or communications spending softens over the next several quarters.
Negative Factors
Margin normalization
The sharp reduction in net margin shows that recent revenue growth has not fully translated into sustained earnings power. If margins remain below earlier peaks, internal funds available for reinvestment and the long-term compounding of profits will be reduced.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Very low leverage limits financial risk and preserves flexibility to fund capacity, acquisitions, and working capital internally. A steadily expanding equity base also provides resilience if utility or communications spending softens over the next several quarters.
Read all positive factors

Preformed Line Products Company (PLPC) vs. SPDR S&P 500 ETF (SPY)

Preformed Line Products Company Business Overview & Revenue Model

Company Description
Preformed Line Products Company (PLPC), along with its subsidiaries, specializes in the design and manufacturing of a comprehensive range of products and integrated systems. These solutions are vital for constructing and maintaining overhead, grou...
How the Company Makes Money
PLPC makes money primarily by selling manufactured network infrastructure products to utilities, telecommunications operators, broadband/fiber network builders, and their contractors. Revenue is generated through (1) product sales into the electri...

Preformed Line Products Company Financial Statement Overview

Summary
Profitability and growth are solid (TTM revenue up 6.2% with ~30.9% gross margin), and the balance sheet is a clear strength with low leverage (debt-to-equity ~0.09). Offsetting this, profitability has normalized versus 2022–2023 (net margin down to ~4.9% from ~9.5% in 2023) and cash flow quality weakened (TTM free cash flow ~$34M with ~47% conversion of net income and sharply negative FCF growth).
Income Statement
74
Positive
Balance Sheet
86
Very Positive
Cash Flow
58
Neutral
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue740.15M669.34M593.71M669.68M637.02M517.42M
Gross Profit232.70M208.54M189.81M234.85M215.18M166.24M
EBITDA82.87M69.95M71.94M103.75M93.14M63.70M
Net Income43.09M35.28M37.09M63.33M54.40M35.73M
Balance Sheet
Total Assets697.49M653.62M573.88M603.15M568.48M489.02M
Cash, Cash Equivalents and Short-Term Investments76.21M83.39M57.24M53.61M37.24M36.41M
Total Debt51.47M47.89M37.19M71.81M98.17M69.73M
Total Liabilities202.95M178.10M151.55M187.00M209.85M172.92M
Stockholders Equity494.54M475.52M422.31M416.16M358.64M316.12M
Cash Flow
Free Cash Flow34.42M33.34M52.83M72.31M-14.45M15.21M
Operating Cash Flow72.15M73.47M67.48M107.64M26.15M33.60M
Investing Cash Flow-47.09M-43.38M-12.36M-44.79M-46.76M-18.24M
Financing Cash Flow-17.45M-9.23M-47.80M-48.92M22.54M-23.23M

Preformed Line Products Company Technical Analysis

Technical Analysis Sentiment
Negative
Last Price404.05
Price Trends
50DMA
401.36
Negative
100DMA
388.36
Negative
200DMA
340.53
Negative
Market Momentum
MACD
-19.40
Positive
RSI
30.48
Neutral
STOCH
16.06
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PLPC, the sentiment is Negative. The current price of 404.05 is above the 20-day moving average (MA) of 381.33, above the 50-day MA of 401.36, and above the 200-day MA of 340.53, indicating a bearish trend. The MACD of -19.40 indicates Positive momentum. The RSI at 30.48 is Neutral, neither overbought nor oversold. The STOCH value of 16.06 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
74
Outperform
$1.64B37.599.03%0.25%17.07%3.40%
74
Outperform
$5.72B29.9227.51%0.23%7.04%8.18%
73
Outperform
$24.27B27.1023.65%1.24%10.61%9.52%
73
Outperform
$20.91B35.0115.76%0.65%46.19%3.13%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
61
Neutral
$77.67M32.186.69%2.03%13.04%―
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
PLPC
Preformed Line Products Company
349.42
121.27
53.15%
HUBB
Hubbell B
434.28
-15.57
-3.46%
POWL
Powell Industries
161.36
33.54
26.24%
RFIL
RF Industries
7.36
-0.48
-6.12%
NVT
nVent Electric
134.53
30.97
29.90%

Preformed Line Products Company Corporate Events

Business Operations and StrategyFinancial DisclosuresM&A Transactions
Preformed Line Products Reports Record Second-Quarter Results
Positive
Jul 29, 2026
On July 29, 2026, Preformed Line Products reported record second-quarter 2026 results, with net sales climbing 25% year-on-year to $212.7 million and gross margin improving to 34.3%. U.S. sales rose 32%, diluted EPS jumped 75% to a record $4.49, a...
Business Operations and StrategyM&A Transactions
Preformed Line Products Expands Canadian Manufacturing Operations
Positive
Jul 27, 2026
On July 21, 2026, PLP Canada LTD, a subsidiary of Preformed Line Products Company, acquired a manufacturing facility and related land in Canada for approximately CAD23.5 million, funded entirely with cash on hand. The transaction, structured as an...
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.Date of analysis: Aug 06, 2026