Preformed Line Products Company (PLPC) Company Bio
Preformed Line Products Company designs and manufactures products and systems used in the construction and maintenance of overhead and underground networks for the energy, telecommunication, cable operators, data communication, and other industries worldwide. The company was founded in 1947 and is based in Mayfield Village, Ohio.
PLPC Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Preformed Line Products Co. To summarize, we found that Preformed Line Products Co ranked in the 3th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. As for the metrics that stood out in our discounted cash flow analysis of Preformed Line Products Co, consider:
The compound growth rate in the free cash flow of Preformed Line Products Co over the past 5.41 years is -0.28%; that's better than only 2.93% of cash flow producing equities in the Industrials sector, where it is classified.
Preformed Line Products Co's weighted average cost of capital (WACC) is 8%; for context, that number is higher than merely 13.69% of tickers in our DCF set.
PLPC's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than merely 13.69% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
ATTO, DHX, GLBS, WBT, and AIR can be thought of as valuation peers to PLPC, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.
Preformed Line Products (PLPC) declares $0.20/share quarterly dividend, in line with previous.Forward yield 1.53%Payable Oct. 20; for shareholders of record Oct. 1; ex-div Sept. 30.See PLPC Dividend Scorecard, Yield Chart, & Dividend Growth....
MAYFIELD VILLAGE, Ohio, Aug. 6, 2020 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its second quarter and first six months of 2020. Net income for the quarter ended June 30, 2020 was $10.5 million, or $2.11 per diluted share, compared…
Analyst Randal Konik’s recent research into online sneaker promotions shows that both Nike (ticker: NKE) and (ADS) (ADDYY) have discounted products on (FL)’s (FL) website. The percentage of Nike products in the Top 60 Sellers on sale was up year-over-year this month to 68%, a three-year high, he found. While average selling prices for both companies’ goods improved in recent months, Under Armour’s declines weren’t as severe as Nike’s. Under Armour’s relative outperformance in pricing in the past quarter, along with fewer sales at Foot Locker, leads him to think that “the company's footwear could be an area of strength this coming quarter,” when the company reports at the end of the month.
Mark Tepper, president of Strategic Wealth Partners, explained to CNBC in an interview this week why he believes Apple and Nike could both be at risk of a downturn amid heightening tensions between the U.S. and China.