Headlines about Preformed Line Products (NASDAQ:PLPC) have been trending somewhat positive on Sunday, Accern Sentiment reports. The research firm identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Preformed Line Products earned a daily sentiment score of 0.21 on Accern’s scale. Accern also gave press coverage about the technology company an impact score of 47.6154591858384 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Preformed Line Products (NASDAQ PLPC) opened at $73.53 on Friday. The company has a current ratio of 3.15, a quick ratio of 2.00 and a debt-to-equity ratio of 0.13. Preformed Line Products has a 1-year low of $44.50 and a 1-year high of $85.63. The stock has a market capitalization of $367.03, a PE ratio of 22.08 and a beta of 1.31.

Preformed Line Products (NASDAQ:PLPC) last issued its earnings results on Friday, November 3rd. The technology company reported $1.23 earnings per share (EPS) for the quarter. Preformed Line Products had a return on equity of 7.30% and a net margin of 4.64%. The firm had revenue of $99.24 million for the quarter.

Preformed Line Products declared that its board has authorized a stock buyback plan on Thursday, December 14th that allows the company to buyback 250,000 outstanding shares. This buyback authorization allows the technology company to reacquire shares of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 19th. Stockholders of record on Tuesday, January 2nd will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 1.09%. The ex-dividend date is Friday, December 29th. Preformed Line Products’s dividend payout ratio (DPR) is presently 24.02%.

In other news, VP J Cecil Curlee, Jr. sold 3,130 shares of Preformed Line Products stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $68.50, for a total transaction of $214,405.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 37.70% of the company’s stock.

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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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