Media coverage about Preformed Line Products (NASDAQ:PLPC) has been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Preformed Line Products earned a coverage optimism score of 0.08 on Accern’s scale. Accern also gave press coverage about the technology company an impact score of 46.3651959429188 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Separately, TheStreet lowered shares of Preformed Line Products from a “b” rating to a “c+” rating in a research report on Friday, May 12th.

Preformed Line Products (NASDAQ PLPC) traded down 1.03% on Friday, hitting $49.10. 12,833 shares of the stock were exchanged. The company has a 50-day moving average of $49.05 and a 200 day moving average of $49.41. The firm has a market cap of $251.15 million, a P/E ratio of 16.22 and a beta of 1.18. Preformed Line Products has a 12 month low of $40.15 and a 12 month high of $61.21.

Preformed Line Products (NASDAQ:PLPC) last announced its quarterly earnings results on Friday, August 4th. The technology company reported $0.81 earnings per share (EPS) for the quarter. The company had revenue of $97.51 million for the quarter. Preformed Line Products had a net margin of 4.35% and a return on equity of 6.77%. Equities research analysts expect that Preformed Line Products will post $3.05 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Thursday, July 20th. Shareholders of record on Monday, July 3rd were issued a $0.20 dividend. The ex-dividend date was Thursday, June 29th. This represents a $0.80 dividend on an annualized basis and a yield of 1.63%. Preformed Line Products’s dividend payout ratio is currently 26.49%.

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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.

Insider Buying and Selling by Quarter for Preformed Line Products (NASDAQ:PLPC)

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