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Upturn AI SWOT - About
PLPC 
Preformed Line Products Company (PLPC)
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Upturn Advisory Summary
03/13/2025: PLPC (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -14.99% | Avg. Invested days 40 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/13/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 726.67M USD | Price to earnings Ratio 19.29 | 1Y Target Price - |
Price to earnings Ratio 19.29 | 1Y Target Price - | ||
Volume (30-day avg) 28941 | Beta 0.62 | 52 Weeks Range 108.67 - 154.90 | Updated Date 03/27/2025 |
52 Weeks Range 108.67 - 154.90 | Updated Date 03/27/2025 | ||
Dividends yield (FY) 0.55% | Basic EPS (TTM) 7.51 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-03-05 | When Before Market | Estimate - | Actual 2.1257 |
Profitability
Profit Margin 6.25% | Operating Margin (TTM) 10.61% |
Management Effectiveness
Return on Assets (TTM) 5.43% | Return on Equity (TTM) 8.85% |
Valuation
Trailing PE 19.29 | Forward PE - | Enterprise Value 695400595 | Price to Sales(TTM) 1.22 |
Enterprise Value 695400595 | Price to Sales(TTM) 1.22 | ||
Enterprise Value to Revenue 1.17 | Enterprise Value to EBITDA 9.42 | Shares Outstanding 4940990 | Shares Floating 2585818 |
Shares Outstanding 4940990 | Shares Floating 2585818 | ||
Percent Insiders 51.32 | Percent Institutions 42.52 |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Preformed Line Products Company
Company Overview
History and Background
Preformed Line Products (PLP) was founded in 1947. It initially focused on developing and manufacturing formed wire products for the communications and power industries. Over time, it expanded its product line and global presence through organic growth and acquisitions.
Core Business Areas
- Energy: PLP's Energy segment offers products and solutions for overhead and underground transmission and distribution lines, including pole line hardware, anchoring systems, and cable accessories.
- Communications: The Communications segment provides products for fiber optic and copper cable networks, including closures, connectors, and hardware for aerial, buried, and underground applications.
- Special Industries: This segment offers specialized products and services for industries such as solar, wind, and data centers.
Leadership and Structure
The company's leadership team consists of the CEO, CFO, and various VPs overseeing different business units. PLP operates with a decentralized organizational structure, with each business segment having its own management team and P&L responsibility.
Top Products and Market Share
Key Offerings
- Armor Rods: Armor Rods protect conductors from vibration, abrasion, and flashover damage on overhead power lines. Market share data is not publicly available, but PLP is a major player in this market. Competitors include MacLean Power Systems and Hubbell Power Systems. No specific product revenues available.
- Fiber Optic Splice Closures: These closures protect and organize fiber optic splices in outside plant environments. Market share data is not publicly available, but PLP is a significant supplier. Competitors include Corning and CommScope. No specific product revenues available.
- Cable Grips: Used for pulling and supporting cables during installation and maintenance. PLP is known for high quality cable grips but precise market share data is not available. Competitors include Jameson LLC and Greenlee Textron.
Market Dynamics
Industry Overview
The market is driven by investments in upgrading and expanding power grids and communication networks. Key trends include increased adoption of fiber optic technology, smart grid initiatives, and renewable energy projects.
Positioning
PLP is positioned as a leading provider of reliable and high-quality infrastructure products for the energy and communication industries. The company's competitive advantages include its strong brand reputation, extensive product portfolio, and global distribution network.
Total Addressable Market (TAM)
The TAM for infrastructure products supporting power and communication networks is estimated to be in the tens of billions of dollars annually, globally. PLP captures a percentage of this TAM by serving specific niches within the broader infrastructure market.
Upturn SWOT Analysis
Strengths
- Strong brand reputation
- Extensive product portfolio
- Global distribution network
- High-quality products
- Long-standing customer relationships
Weaknesses
- Reliance on cyclical industries
- Exposure to commodity price fluctuations
- Limited pricing power in some markets
- Customer concentration
Opportunities
- Expansion into emerging markets
- Development of new products for renewable energy and smart grid applications
- Acquisitions of complementary businesses
- Growing demand for fiber optic infrastructure
Threats
- Increased competition from low-cost manufacturers
- Economic downturns impacting infrastructure spending
- Technological disruptions
- Supply chain disruptions
Competitors and Market Share
Key Competitors
- HUBB
- MMS
Competitive Landscape
PLP faces competition from both large multinational corporations and smaller niche players. The company's competitive advantages include its strong brand reputation and extensive product portfolio.
Major Acquisitions
Dulmison
- Year: 2008
- Acquisition Price (USD millions): 53.2
- Strategic Rationale: Expanded PLP's international presence and product offerings in the power transmission and distribution market.
Growth Trajectory and Initiatives
Historical Growth: PLP's historical growth has been moderate, driven by organic expansion and strategic acquisitions.
Future Projections: Future growth projections are based on analyst estimates and management's outlook for the energy and communication infrastructure markets.
Recent Initiatives: PLP's recent initiatives include expanding its product offerings for the renewable energy sector and investing in new technologies to improve manufacturing efficiency.
Summary
Preformed Line Products Company demonstrates steady performance with its established product lines and global presence. Although its success hinges on cyclical industries, the company's diversification into renewable energy and strategic acquisitions provide growth potential. Key challenges include increasing competition and commodity price volatility. Overall, PLP is a stable company with room for expansion, but close attention to market dynamics is crucial.
Similar Companies
- HUBB
- MMS
- CTHR
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Industry Reports
- Analyst Reports
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market share data is estimated based on available industry information. Financial performance data is not real time and refer to public financial reports for information.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Preformed Line Products Company
Exchange NASDAQ | Headquaters Mayfield, OH, United States | ||
IPO Launch date 1999-04-28 | CEO - | ||
Sector Industrials | Industry Electrical Equipment & Parts | Full time employees 3401 | Website https://plp.com |
Full time employees 3401 | Website https://plp.com | ||
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, data communication, and other industries. The company offers optical ground wire products to support, protect, terminate, and splice transmission and distribution lines, as well as bolted, welded, and compressed connectors for substations; all dielectric self-supporting fiber optic cables to monitor and control power networks; and string hardware products, polymer insulators, wildlife protection, substation fittings, and motion control devices. It also provides rugged outside plant closures to protect and support wireline and wireless networks, such as fiber optic cable or copper cable from moisture, environmental hazards, and other contaminants; and hardware assemblies, pole line hardware, plastic products, cable dynamics/vibration solutions, interior/exterior connectors, tools, and urethane solutions that are used by energy, renewable energy, communications, cable, and special industries. In addition, the company provides drone inspection services for utility assets, including transmission and distribution power lines, substations, generation facilities, and communications assets, as well as solar framing and electric vehicle offerings. It serves public and private energy utilities and communication companies, cable operators, government agencies, contractors and subcontractors, distributors, and value-added resellers in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company markets its products through a direct sales force, as well as through manufacturing representatives. Preformed Line Products Company was incorporated in 1947 and is headquartered in Mayfield Village, Ohio.
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