FMP
Preformed Line Products Company
PLPC
NASDAQ
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.
129.2 USD
3.3 (2.55%)
Zacks Investment Research
Aug 2, 2024
A continued slowdown in spending within the communications end market hurt Preformed Line Products' (PLPC) earnings in Q2.
Zacks Investment Research
May 21, 2024
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.
Seeking Alpha
Jan 23, 2024
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.
Seeking Alpha
Oct 21, 2023
Preformed Line Products has benefitted from both domestic and international demand tailwinds over the past few years. It's clear that U.S. tailwinds will continue for a long time, as the current administration is committing to fund many new infrastructure projects that will take years to complete. However, international demand should be a bit more volatile due to oil and commodity price cyclicality.
Seeking Alpha
Aug 2, 2023
Preformed Line Products Company has seen its share price appreciate by 185% over the past year, with strong EPS growth and a low forward P/E ratio. PLPC specializes in providing goods for the industrial market, particularly in power conductors and fiber communication cables, which aligns with the growing infrastructure investments in the US. The company's acquisitions, such as Pilot Plastics, are expected to contribute to its revenue and earnings growth, especially in the expanding fiber network...
Seeking Alpha
May 14, 2023
Preformed Line Products Company has had a great run in recent months, with shares driven higher by robust financial improvements. This trend looks set to continue for the foreseeable future, though the stock isn't as cheap as it was.
Seeking Alpha
Feb 25, 2023
Preformed Line Products is positioned to benefit from the trend towards 5G, EV charging infrastructure expansion, and solar energy adoption. The company is strong financially and supports its growth through innovation and strategic acquisitions of suppliers and partners.
Seeking Alpha
Feb 9, 2023
I recently finished rereading Peter Lynch's One Up On Wall Street. When I came across Preformed Line Products, I realized that this is the kind of business that was being referred to in Lynch's book.
InvestorPlace
Sep 23, 2022
It's up for debate whether the overall stock market has hit a bottom, but many stocks have clearly become oversold. That's the case for many unknown and little-known stocks.
Investors Business Daily
Aug 31, 2022
What are the best stocks to buy in this year's tough market? For Dean Small Cap Value Fund, the best stocks are ones it has long aimed for.