Stock events for Preformed Line Products Co. (PLPC)
Preformed Line Products Co. (PLPC) has experienced a significant increase in its stock price, rising by 64.27% in the past six months and 83.66% over the last year. The company announced its second-quarter 2025 financial results on July 30, 2025, and a quarterly dividend on September 18, 2025. In May 2023, PLPC reported its first-quarter 2023 financial results, marking its fourth consecutive record quarter. In 2024, PLPC's revenue was $593.71 million, a decrease of 11.34% from the previous year, and earnings were $37.09 million, a decrease of 41.43%. Despite these decreases, some analysts viewed PLPC as a strong buy based on a turnaround and robust prospects, expecting a 19.91% earnings increase and a one-year target of $164.71. The company's shares have been driven higher by robust financial improvements in recent months.
Demand Seasonality affecting Preformed Line Products Co.’s stock price
The provided search results do not contain specific information about the demand seasonality for Preformed Line Products Co.'s (PLPC) products and services. General information about demand seasonality indicates that demand can be subject to seasonal patterns, which can be identified through seasonal plots that show observations against the relevant season (e.g., month or time of day). However, this general information is not specific to PLPC.
Overview of Preformed Line Products Co.’s business
Preformed Line Products Company (PLPC) designs and manufactures products and systems for overhead and underground networks, serving industries like energy, telecommunication, and data communication. PLPC operates in the Industrials sector, focusing on Electrical Equipment & Parts and Water, Sewer, Pipeline, Communication & Power Line Construction. The company's major products include Formed Wire and Related Hardware, Protective Closures, Plastic Products, and solar hardware systems, with revenue primarily driven by Energy products.
PLPC’s Geographic footprint
Preformed Line Products Co. has a global presence, with the majority of its revenue coming from sales in the United States. The company also has significant operations across The Americas (excluding PLP-USA), Europe, the Middle East and Africa (EMEA), and Asia-Pacific.
PLPC Corporate Image Assessment
There is no specific information available in the provided search results regarding events that have explicitly affected Preformed Line Products Co.'s (PLPC) brand reputation in the past year. However, safeguarding a group's reputation and brand is generally considered of utmost importance, with executives responsible for identifying and assessing reputational risks.
Ownership
Key individual owners of Preformed Line Products Co. include Dennis F. Mckenna, the Chief Executive Officer, with 1,768,811 shares. Andrew S. Klaus, Chief Financial Officer, holds 496,847 shares. Jon Ryan Ruhlman, a Director and President, owns 1,056,275 shares. Robert G. Ruhlman, J. Ryan Ruhlman, and Maegan A. Ruhlman are members of the Board of Directors, and Barbara P. Ruhlman, Director Emeritus, acts as a co-trust advisor for the company's shares held by a trust.
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