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Preformed Line Products Company (PLPC) AI Stock Analysis

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PLPC

Preformed Line Products Company

(NASDAQ:PLPC)

Select Model
Rating:66Neutral
Price Target:$346.00â–²(21.32% Upside)
Action:reiterated
Date:10/30/26

The score is supported primarily by solid fundamentals (improving profitability and a conservative balance sheet) and a positive recent operating update showing strong growth and margin expansion. Offsetting these strengths, technical indicators are notably bearish with the stock trading below key moving averages, and valuation/income support is only moderate given the P/E and low dividend yield.

Positive Factors
Revenue and Margin GrowthStrong 2026 operating performance indicates improving demand across energy and communications markets, while margin expansion shows benefits from product mix, pricing actions, and fixed-cost leverage. If sustained, this combination can strengthen earnings power and support reinvestment over the next several quarters.
Negative Factors
Mixed Cash ConversionAlthough operating cash flow and free cash flow are currently positive, the gap between earnings and cash generation indicates that working-capital or reinvestment needs absorb a meaningful portion of profits. Historical volatility makes internally generated cash less predictable for acquisitions, expansion, and shareholder returns.

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

-25%0%25%50%75%100%125%PLPC+33.46%SPY+15.52%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
$1.39B
Dividend Yield
0.29%
Average Volume (3M)
83.38K
Price to Earnings (P/E)
23.8
Beta (1Y)
1.08
Revenue Growth
16.31%
EPS Growth
57.70%
Country
US
Employees
3,734
Sector
Industrials
Sector Strength
63
Industry
Electrical Equipment & Parts

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, ground-...

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 electric p...

Preformed Line Products Company Financial Statement Overview

Summary

Overall financial profile is solid: profitability has improved in the TTM period (operating margin ~10.6% vs ~7.0% in 2025) and leverage is low (debt-to-equity ~0.11). The main constraints are uneven revenue/margin performance versus the 2023 peak and mixed cash conversion, with free cash flow only ~40% of net income and historical volatility.

Income Statement

78Positive

Balance Sheet

86Very Positive

Cash Flow

72Positive
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue771.57M669.34M593.71M669.68M637.02M517.42M
Gross Profit249.85M208.54M189.81M234.85M215.18M166.24M
EBITDA100.68M69.95M71.94M103.75M93.14M63.70M
Net Income58.50M35.28M37.09M63.33M54.40M35.73M
Balance Sheet
Total Assets742.30M653.62M573.88M603.15M568.48M489.02M
Cash, Cash Equivalents and Short-Term Investments99.27M83.39M57.24M53.61M37.24M36.41M
Total Debt64.39M47.89M37.19M71.81M98.17M69.73M
Total Liabilities229.66M178.10M151.55M187.00M209.85M172.92M
Stockholders Equity512.60M475.52M422.31M416.16M358.64M316.12M
Cash Flow
Free Cash Flow36.23M33.34M52.83M72.31M-14.45M15.21M
Operating Cash Flow90.04M73.47M67.48M107.64M26.15M33.60M
Investing Cash Flow-62.76M-43.38M-12.36M-44.79M-46.76M-18.24M
Financing Cash Flow-2.34M-9.23M-47.80M-48.92M22.54M-23.23M

Preformed Line Products Company Technical Analysis

Technical Analysis SentimentNegative
Last Price285.20

Price Trends

50DMA384.59Negative
100DMA384.37Negative
200DMA343.00Negative

Market Momentum

MACD-27.44Positive
RSI31.84Neutral
STOCH16.86Positive

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 285.20 is below the 20-day moving average (MA) of 346.15, below the 50-day MA of 384.59, and below the 200-day MA of 343.00, indicating a bearish trend. The MACD of -27.44 indicates Positive momentum. The RSI at 31.84 is Neutral, neither overbought nor oversold. The STOCH value of 16.86 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.

Higher RiskSector Avg.Lower RiskFinance & CorporateTech & InnovationLegal & RegulatoryProductionAbility to SellMacro & Political
Ability to Sell - Risks related to the company’s ability to sell goods and services

Latest Risks Added

0 New Risks

Preformed Line Products Company Peers Comparison

Overall Rating

UnderperformOutperform
Sector (63)

Financial Indicators

PLPC against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
HUBBHUBB71Outperform$23.74B25.6123.21%1.30%15.96%5.54%
POWLPOWL71Outperform$5.95B27.2627.51%0.25%7.04%8.18%
NVTNVT68Neutral$20.89B26.8617.35%0.74%47.96%13.45%
PLPCPLPC66Neutral$1.52B23.8511.96%0.29%16.31%57.70%
Sector *63Neutral$10.79B15.437.44%2.01%2.89%-14.66%
RFILRFIL63Neutral$83.31M33.626.69%―13.04%―

* Industrials Sector Average

Performance Comparison

0%50%100%150%200%PLPCHUBBPOWLRFILNVTDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
PLPC and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
PLPCPreformed Line Products285.2076.1336.41%
HUBBHubbell Incorporated B438.26-18.60-4.07%
POWLPowell Industries, Inc.143.1021.5717.75%
RFILRf Industries, Ltd.7.480.375.13%
NVTNvent Electric112.822.492.26%

Preformed Line Products Company Corporate Events

Business Operations and StrategyFinancial Disclosures

Preformed Line Products Delivers Strong Third-Quarter 2026 Performance

Positive
Oct 28, 2026

Preformed Line Products reported strong third‑quarter 2026 results on October 28, 2026, with net sales rising 18% year‑on‑year to $209.5 million and gross margin expanding to 33.4%. Quarterly net income surged to $18.0 million, or $...

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: Oct 30, 2026