Preformed Line Products (NASDAQ: PLPC) is one of 6 public companies in the “Water, sewer, & utility lines” industry, but how does it weigh in compared to its rivals? We will compare Preformed Line Products to similar businesses based on the strength of its earnings, risk, dividends, institutional ownership, valuation, analyst recommendations and profitability.
Preformed Line Products pays an annual dividend of $0.80 per share and has a dividend yield of 1.2%. As a group, “Water, sewer, & utility lines” companies pay a dividend yield of 0.9% and pay out 20.9% of their earnings in the form of a dividend.
45.3% of Preformed Line Products shares are held by institutional investors. Comparatively, 75.9% of shares of all “Water, sewer, & utility lines” companies are held by institutional investors. 36.7% of Preformed Line Products shares are held by insiders. Comparatively, 17.9% of shares of all “Water, sewer, & utility lines” companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
This is a breakdown of current ratings and price targets for Preformed Line Products and its rivals, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Preformed Line Products||0||0||0||0||N/A|
|Preformed Line Products Competitors||23||170||343||9||2.62|
As a group, “Water, sewer, & utility lines” companies have a potential upside of 19.53%. Given Preformed Line Products’ rivals higher possible upside, analysts clearly believe Preformed Line Products has less favorable growth aspects than its rivals.
This table compares Preformed Line Products and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Preformed Line Products||3.35%||5.33%||3.55%|
|Preformed Line Products Competitors||2.15%||10.67%||4.39%|
Valuation and Earnings
This table compares Preformed Line Products and its rivals revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Preformed Line Products||$378.21 million||$12.65 million||N/A|
|Preformed Line Products Competitors||$2.53 billion||$68.00 million||24.63|
Preformed Line Products’ rivals have higher revenue and earnings than Preformed Line Products.
Risk and Volatility
Preformed Line Products has a beta of 1.29, indicating that its share price is 29% more volatile than the S&P 500. Comparatively, Preformed Line Products’ rivals have a beta of 1.27, indicating that their average share price is 27% more volatile than the S&P 500.
About Preformed Line Products
Preformed Line Products Company (PLPC) is a designer and manufacturer of products and systems employed in the construction and maintenance of overhead and underground networks for the energy, telecommunication, cable operators and information industries. The Company’s products include Formed Wire and Related Hardware Products, Protective Closures, Plastic Products and Other Products. The Company operates through four segments: PLP-USA (including corporate), The Americas (includes operations in North and South America without PLP-USA), EMEA (Europe, Middle East and Africa) and Asia-Pacific. The Company’s PLP-USA segment consists of its United States operations manufacturing its traditional products primarily supporting its domestic energy, telecommunications and solar products. Its other three segments, The Americas, EMEA and Asia-Pacific, support its energy, telecommunications, data communication and solar products in each respective geographical region.
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