Preformed Line Products (NASDAQ:PLPC – Get Free Report) is anticipated to announce its Q2 2026 results before the market opens on Wednesday, July 29th. Analysts expect Preformed Line Products to post earnings of $2.41 per share and revenue of $193.00 million for the quarter. Parties may review the information on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Friday, August 7, 2026 at 4:00 PM ET.
Preformed Line Products (NASDAQ:PLPC – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The technology company reported $2.14 EPS for the quarter, topping analysts’ consensus estimates of $1.82 by $0.32. Preformed Line Products had a net margin of 4.92% and a return on equity of 8.96%. The firm had revenue of $176.28 million during the quarter, compared to analysts’ expectations of $178.00 million.
Preformed Line Products Stock Performance
PLPC stock opened at $311.22 on Monday. Preformed Line Products has a 1-year low of $139.04 and a 1-year high of $414.35. The firm has a market cap of $1.52 billion, a P/E ratio of 44.78 and a beta of 0.88. The business’s 50 day moving average is $362.35 and its 200-day moving average is $309.62. The company has a current ratio of 3.01, a quick ratio of 1.78 and a debt-to-equity ratio of 0.07.
Preformed Line Products Dividend Announcement
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on PLPC. Freedom Capital cut Preformed Line Products from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 1st. Wall Street Zen upgraded Preformed Line Products from a “hold” rating to a “buy” rating in a research note on Saturday, June 6th. Finally, Weiss Ratings cut Preformed Line Products from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, April 29th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Preformed Line Products has a consensus rating of “Hold” and an average price target of $275.00.
Read Our Latest Analysis on Preformed Line Products
Institutional Trading of Preformed Line Products
Several hedge funds have recently modified their holdings of the company. Russell Investments Group Ltd. raised its stake in shares of Preformed Line Products by 2,562.5% in the third quarter. Russell Investments Group Ltd. now owns 213 shares of the technology company’s stock valued at $42,000 after acquiring an additional 205 shares during the last quarter. Tower Research Capital LLC TRC grew its position in Preformed Line Products by 199.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 299 shares of the technology company’s stock worth $48,000 after acquiring an additional 199 shares during the last quarter. Royal Bank of Canada increased its holdings in Preformed Line Products by 132.4% during the 4th quarter. Royal Bank of Canada now owns 251 shares of the technology company’s stock valued at $52,000 after purchasing an additional 143 shares in the last quarter. State of Wyoming acquired a new stake in Preformed Line Products during the 2nd quarter valued at $63,000. Finally, BNP Paribas Financial Markets raised its position in Preformed Line Products by 102.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 492 shares of the technology company’s stock valued at $97,000 after purchasing an additional 249 shares during the last quarter. Institutional investors and hedge funds own 41.19% of the company’s stock.
About Preformed Line Products
Preformed Line Products Company (NASDAQ: PLPC) is a global manufacturer of engineered solutions for electric, telecommunications and industrial infrastructure networks. The company designs, engineers and produces a broad portfolio of products, including preformed wire and cable fittings, anchors, suspension and tension clamps, splice closures and optical fiber hardware. These durable components support the installation, repair and maintenance of overhead and underground systems, helping utilities and contractors manage reliability and safety in demanding environments.
Founded in 1947 and headquartered in Mayfield Village, Ohio, Preformed Line Products operates manufacturing facilities and distribution centers across North America, Europe and the Asia Pacific region.
Recommended Stories
- Five stocks we like better than Preformed Line Products
- RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade?
- These 4 Earnings Reports Expose the Market’s Growing Economic Divide
- Broadcom May Be the Biggest Winner From Alphabet’s Earnings
- Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit
Receive News & Ratings for Preformed Line Products Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Preformed Line Products and related companies with MarketBeat.com's FREE daily email newsletter.
