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Preformed Line Products Company
(NASDAQ:PLPC)
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Rating:74Outperform
Price Target:
$463.00
â–²(14.59% Upside)
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
Record growth and margin expansion
Record quarterly growth across domestic and international markets indicates strong demand for PLP’s energy and communications products. Higher gross margin and operational efficiencies also suggest that recent sales momentum is translating into improved profitability, strengthening near-term earnings capacity.
Negative Factors
Margin normalization
The substantial decline in net margin shows that prior peak profitability has not been sustained, even though the company remains profitable. Continued margin normalization could limit earnings growth from revenue expansion and reduce the funds available for investment, shareholder returns, or strategic initiatives.
Read all positive and negative factors
Positive Factors
Negative Factors
Record growth and margin expansion
Record quarterly growth across domestic and international markets indicates strong demand for PLP’s energy and communications products. Higher gross margin and operational efficiencies also suggest that recent sales momentum is translating into improved profitability, strengthening near-term earnings capacity.
Read all positive factors
Preformed Line Products Company (PLPC) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$2.02B
Dividend Yield0.2%
Average Volume (3M)81.07K
Price to Earnings (P/E)46.3
Beta (1Y)1.01
Revenue Growth17.07%
EPS Growth3.40%
CountryUS
Employees3,734
SectorIndustrials
Sector Strength72
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)8.91
Shares Outstanding4,888,701
10 Day Avg. Volume64,842
30 Day Avg. Volume81,067
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$480.00Price Target Upside18.80% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)9.75
Revenue Forecast (FY)$773.00M
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
Income Statement
74
Positive
Balance Sheet
86
Very Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 740.15M | 669.34M | 593.71M | 669.68M | 637.02M | 517.42M |
| Gross Profit | 232.70M | 208.54M | 189.81M | 234.85M | 215.18M | 166.24M |
| EBITDA | 82.87M | 69.95M | 71.94M | 103.75M | 93.14M | 63.70M |
| Net Income | 43.09M | 35.28M | 37.09M | 63.33M | 54.40M | 35.73M |
Balance Sheet | ||||||
| Total Assets | 697.49M | 653.62M | 573.88M | 603.15M | 568.48M | 489.02M |
| Cash, Cash Equivalents and Short-Term Investments | 76.21M | 83.39M | 57.24M | 53.61M | 37.24M | 36.41M |
| Total Debt | 51.47M | 47.89M | 37.19M | 71.81M | 98.17M | 69.73M |
| Total Liabilities | 202.95M | 178.10M | 151.55M | 187.00M | 209.85M | 172.92M |
| Stockholders Equity | 494.54M | 475.52M | 422.31M | 416.16M | 358.64M | 316.12M |
Cash Flow | ||||||
| Free Cash Flow | 34.42M | 33.34M | 52.83M | 72.31M | -14.45M | 15.21M |
| Operating Cash Flow | 72.15M | 73.47M | 67.48M | 107.64M | 26.15M | 33.60M |
| Investing Cash Flow | -47.09M | -43.38M | -12.36M | -44.79M | -46.76M | -18.24M |
| Financing Cash Flow | -17.45M | -9.23M | -47.80M | -48.92M | 22.54M | -23.23M |
Preformed Line Products Company Technical Analysis
Positive
404.05
Price Trends
393.59
Positive
378.60
Positive
318.34
Positive
Market Momentum
0.15
Positive
51.82
Neutral
46.71
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 404.05 is below the 20-day moving average (MA) of 406.42, above the 50-day MA of 393.59, and above the 200-day MA of 318.34, indicating a bullish trend. The MACD of 0.15 indicates Positive momentum. The RSI at 51.82 is Neutral, neither overbought nor oversold. The STOCH value of 46.71 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 |
|---|---|---|---|---|---|---|---|
74 Outperform | $2.02B | 46.28 | 9.03% | 0.20% | 17.07% | 3.40% | |
74 Outperform | $6.42B | 18.65 | 18.48% | 0.60% | 3.73% | 7.60% | |
74 Outperform | $6.70B | 35.04 | 27.51% | 0.19% | 7.04% | 8.18% | |
73 Outperform | $25.55B | 42.79 | 15.76% | 0.53% | 46.19% | 3.13% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
63 Neutral | $10.50B | 45.36 | 15.93% | 0.15% | 24.58% | 159.06% | |
56 Neutral | $3.19B | -19.49 | -12.14% | 1.40% | 1.63% | -253.37% |
* Industrials Sector Average
PLPC
Preformed Line Products Company
412.38
206.73
100.53%
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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.