| Preformed Line Products: Maintaining Hold Rating Owing To Several Headwinds |
Reiterated 'Hold' rating on Preformed Line Products (PLPC) due to rising costs, overvalued revenues, and stagnating technicals, despite a 9% share price increase over six months. Fiscal 2025 Q1 earnings showed 5% net sales growth and 20% GAAP profit growth, but higher costs from tariffs and raw materials loom. PLPC's return on capital remains under pressure, with a trailing ROC of 6.86%, as rising costs and tariffs could dampen demand and profitability. |
seekingalpha.com |
2025-05-07 11:02:31 |
Czytaj oryginał (ang.) |
| Preformed Line Products Posts Y/Y Earnings & Sales Growth in Q1 |
PLPC's first-quarter results were driven by strong U.S. communications sales and margin gains despite tariff concerns. |
zacks.com |
2025-05-05 16:46:08 |
Czytaj oryginał (ang.) |
| Preformed Line Products: A Strong Buy Based On Turnaround And Robust Prospects |
Preformed Line Products' fortunes rebounded in Q4-2024 and Q1-2025; I expect a 19.91% earnings increase and have a one-year target of $164.71. PLPC's competitive advantages include a strong workforce, unique solutions, vertical integration, emergency resources, and global presence, despite operating in highly competitive markets. PLPC's net margin of 6.25% is slightly above the sector median, but its return on equity lags; I believe it has a medium moat. |
seekingalpha.com |
2025-05-05 10:52:34 |
Czytaj oryginał (ang.) |
| PLP ANNOUNCES ACQUISITION OF JAP TELECOM |
CLEVELAND , May 2, 2025 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today announced it has acquired J.A.P. Indústria de Materiais para Telefonia Ltda (JAP Telecom), a leading Brazilian designer, manufacturer, and supplier of connectivity solutions for the South American telecommunications infrastructure market. |
prnewswire.com |
2025-05-02 12:30:00 |
Czytaj oryginał (ang.) |
| PREFORMED LINE PRODUCTS ANNOUNCES FIRST QUARTER 2025 FINANCIAL RESULTS |
CLEVELAND , May 1, 2025 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its first quarter of 2025. Q1 2025 Highlights compared to Q1 2024: Net sales growth of 5% Gross margin increase of 150 bps Net income and fully diluted EPS increase of 20% Net sales in the first quarter of 2025 were $148.5 million compared to $140.9 million in the first quarter of 2024, a 5% increase. |
prnewswire.com |
2025-05-01 20:15:00 |
Czytaj oryginał (ang.) |
| PREFORMED LINE PRODUCTS ANNOUNCES QUARTERLY DIVIDEND |
CLEVELAND , March 19, 2025 /PRNewswire/ -- The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on March 10, 2025, declared a regular quarterly dividend in the amount of $.20 per share on the Company's common shares, payable April 21, 2025, to shareholders of record at the close of business on April 1, 2025. ABOUT PLP PLP protects the world's most critical connections by creating stronger and more reliable networks. |
prnewswire.com |
2025-03-19 18:15:00 |
Czytaj oryginał (ang.) |
| PLPC Earnings Surge Y/Y in Q4, Stock Gains 22.4% Since Results |
Preformed Line Products posts 15% y/y Q4 sales growth, a 65% EPS jump and a $33.7-million debt reduction, signaling recovery from market de-stocking trends. |
zacks.com |
2025-03-19 12:55:43 |
Czytaj oryginał (ang.) |
| PREFORMED LINE PRODUCTS ANNOUNCES FOURTH QUARTER 2024 FINANCIAL RESULTS |
CLEVELAND , March 13, 2025 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its fourth quarter of 2024 and full year ended December 31, 2024. Q4/Full Year 2024 Highlights: Quarterly net sales of $167.1 million, an increase of 15% from Q4 2023 and 14% from Q3 2024 Diluted EPS of $2.13, an increase of 65% from Q4 2023 and 38% from Q3 2024 Debt reduction of $33.7 million in 2024 due to strong cash generation Net sales in the fourth quarter of 2024 were $167.1 million compared to $145.6 million in the fourth quarter of 2023, a 15% increase. |
prnewswire.com |
2025-03-13 18:15:00 |
Czytaj oryginał (ang.) |
| PREFORMED LINE PRODUCTS ANNOUNCES QUARTERLY DIVIDEND |
CLEVELAND , Dec. 18, 2024 /PRNewswire/ -- The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on December 3, 2024, declared a regular quarterly dividend in the amount of $.20 per share on the Company's common shares, payable January 21, 2025, to shareholders of record at the close of business on January 7, 2025. ABOUT PLP PLP protects the world's most critical connections by creating stronger and more reliable networks. |
prnewswire.com |
2024-12-18 18:30:00 |
Czytaj oryginał (ang.) |
| 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 |
2024-11-01 15:46:21 |
Czytaj oryginał (ang.) |
| 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 |
2024-10-30 19:00:00 |
Czytaj oryginał (ang.) |
| 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 |
2024-10-28 07:36:14 |
Czytaj oryginał (ang.) |
| 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 |
2024-09-19 20:30:00 |
Czytaj oryginał (ang.) |
| 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 |
2024-08-02 18:05:42 |
Czytaj oryginał (ang.) |
| 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 |
2024-07-31 20:15:00 |
Czytaj oryginał (ang.) |
| 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 |
2024-06-19 20:30:00 |
Czytaj oryginał (ang.) |
| 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 |
2024-05-21 16:05:15 |
Czytaj oryginał (ang.) |
| 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 |
2024-05-01 20:15:00 |
Czytaj oryginał (ang.) |
| 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 |
2024-03-18 18:30:00 |
Czytaj oryginał (ang.) |
| 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 |
2024-03-07 18:30:00 |
Czytaj oryginał (ang.) |
| 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 |
2024-01-23 05:02:20 |
Czytaj oryginał (ang.) |
| PREFORMED LINE PRODUCTS ANNOUNCES QUARTERLY DIVIDEND |
CLEVELAND , Dec. 21, 2023 /PRNewswire/ -- The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on December 13, 2023, declared a regular quarterly dividend in the amount of $.20 per share on the Company's common shares, payable January 19, 2024, to shareholders of record at the close of business on January 5, 2024. ABOUT PLP PLP protects the world's most critical connections by creating stronger and more reliable networks. |
prnewswire.com |
2023-12-21 19:00:00 |
Czytaj oryginał (ang.) |
| PLP APPOINTS DENNIS F. MCKENNA AS CHIEF EXECUTIVE OFFICER, ROBERT G. |
CLEVELAND , Nov. 22, 2023 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today announced that its Board of Directors has appointed Dennis F. McKenna as Chief Executive Officer, effective January 1, 2024. |
prnewswire.com |
2023-11-22 16:30:00 |
Czytaj oryginał (ang.) |
| PREFORMED LINE PRODUCTS ANNOUNCES THIRD QUARTER 2023 FINANCIAL RESULTS |
CLEVELAND , Nov. 1, 2023 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its third quarter of 2023. Q3 2023 Highlights: Net sales decline of 3% Diluted EPS of $3.03, an improvement of 28% Net cash provided by operating activities improved by $79.2 million Net sales in the third quarter of 2023 were $160.4 million compared to $165.4 million in the third quarter of 2022, a 3% decrease caused primarily by weakness in the communications market. |
prnewswire.com |
2023-11-01 18:30:00 |
Czytaj oryginał (ang.) |
| Preformed Line Products Company: Patience Is Key |
Preformed Line Products Company offers products for data infrastructure, including power conductor and fiber communication cables. Despite the stock's underperformance, Preformed Line Products' financial performance is strong, with growing revenue, profits, and cash flows. On a forward basis, Preformed Line Products stock is attractively priced, with low multiples, making it a potentially good investment opportunity. |
seekingalpha.com |
2023-10-24 17:13:31 |
Czytaj oryginał (ang.) |
| Preformed Line Products: Reasonable Valuation Despite Potential International Cyclicality |
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. |
seekingalpha.com |
2023-10-21 04:08:44 |
Czytaj oryginał (ang.) |
| PREFORMED LINE PRODUCTS ANNOUNCES QUARTERLY DIVIDEND |
CLEVELAND , Sept. 20, 2023 /PRNewswire/ -- The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on September 20, 2023, declared a regular quarterly dividend in the amount of $.20 per share on the Company's common shares, payable October 20, 2023, to shareholders of record at the close of business on October 2, 2023. |
prnewswire.com |
2023-09-20 14:45:00 |
Czytaj oryginał (ang.) |
| Preformed Line Products: Solid Way To Gain Exposure To Infrastructure Spending |
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 market. |
seekingalpha.com |
2023-08-02 22:45:36 |
Czytaj oryginał (ang.) |