Is Preformed Line Stock a Good Investment?
Preformed Line Investment Advice | PLPC |
- Examine Preformed Line's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Preformed Line's leadership team and their track record. Good management can help Preformed Line navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Electrical Components & Equipment space and any emerging trends that could impact Preformed Line's business and its evolving consumer preferences.
- Compare Preformed Line's performance and market position to its competitors. Analyze how Preformed Line is positioned in terms of product offerings, innovation, and market share.
- Check if Preformed Line pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Preformed Line's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Preformed Line Products stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Preformed Line Products is a good investment.
Sell | Buy |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Sell | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Preformed Line Stock
Researching Preformed Line's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 51.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.48. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Preformed Line Products recorded earning per share (EPS) of 10.35. The entity last dividend was issued on the 1st of April 2024. The firm had 2:1 split on the 11th of June 1998.
To determine if Preformed Line is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Preformed Line's research are outlined below:
| Preformed Line is unlikely to experience financial distress in the next 2 years | |
| About 51.0% of the company outstanding shares are owned by corporate insiders | |
| On 19th of April 2024 Preformed Line paid $ 0.2 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Preformed Line Products Co Reports Decline in Q1 2024 Earnings Amid Market Challenges |
Preformed Line Quarterly Cash And Short Term Investments |
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Preformed Line uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Preformed Line Products. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Preformed Line's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 6th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Preformed Line Analyst Ratings
Preformed Line's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Preformed Line stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Preformed Line's financials, market performance, and future outlook by experienced professionals. Preformed Line's historical ratings below, therefore, can serve as a valuable tool for investors.Know Preformed Line's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Preformed Line is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Preformed Line Products backward and forwards among themselves. Preformed Line's institutional investor refers to the entity that pools money to purchase Preformed Line's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Charles Schwab Investment Management Inc | 2023-12-31 | 32 K | Pnc Financial Services Group Inc | 2023-12-31 | 28.1 K | Bank Of New York Mellon Corp | 2023-12-31 | 27.4 K | Empowered Funds, Llc | 2023-12-31 | 26 K | Franklin Resources Inc | 2023-12-31 | 24.9 K | Bridgeway Capital Management, Llc | 2023-12-31 | 23.3 K | Robotti Robert | 2023-12-31 | 20 K | Hotchkis & Wiley Capital Management Llc | 2023-12-31 | 19.9 K | Victory Capital Management Inc. | 2023-12-31 | 18.5 K | Dimensional Fund Advisors, Inc. | 2023-12-31 | 367.7 K | Royce & Associates, Lp | 2023-12-31 | 332.5 K |
Preformed Line's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 644.85 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Preformed Line's market, we take the total number of its shares issued and multiply it by Preformed Line's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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Preformed Line's profitablity analysis
Preformed Line's profitability indicators refer to fundamental financial ratios that showcase Preformed Line's ability to generate income relative to its revenue or operating costs. If, let's say, Preformed Line is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Preformed Line's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Preformed Line's profitability requires more research than a typical breakdown of Preformed Line's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.11 | 0.12 | |
| Return On Capital Employed | 0.17 | 0.18 | |
| Return On Assets | 0.11 | 0.11 | |
| Return On Equity | 0.15 | 0.16 |
Determining Preformed Line's profitability involves analyzing its financial statements and using various financial metrics to determine if Preformed Line is a good buy. For example, gross profit margin measures Preformed Line's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Preformed Line's profitability and make more informed investment decisions.
The data published in Preformed Line's official financial statements usually reflect Preformed Line's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Preformed Line Products. For example, before you start analyzing numbers published by Preformed accountants, it's critical to develop an understanding of what Preformed Line's liquidity, profitability, and earnings quality are in the context of the Electrical Equipment space in which it operates.
Please note, the presentation of Preformed Line's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Preformed Line's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Preformed Line's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Preformed Line Products. Please utilize our Beneish M Score to check the likelihood of Preformed Line's management manipulating its earnings.
Evaluate Preformed Line's management efficiency
Preformed Line Products has return on total asset (ROA) of 0.0708 % which means that it generated a profit of $0.0708 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1298 %, meaning that it created $0.1298 on every $100 dollars invested by stockholders. Preformed Line's management efficiency ratios could be used to measure how well Preformed Line manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.12. The current year's Return On Capital Employed is expected to grow to 0.18. At present, Preformed Line's Other Assets are projected to increase significantly based on the last few years of reporting. The current year's Return On Tangible Assets is expected to grow to 0.12, whereas Total Assets are forecasted to decline to about 335.6 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 84.59 | 88.82 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 75.95 | 79.75 | |
| Enterprise Value Over EBITDA | 6.44 | 7.35 | |
| Price Book Value Ratio | 1.58 | 1.46 | |
| Enterprise Value Multiple | 6.44 | 7.35 | |
| Price Fair Value | 1.58 | 1.46 | |
| Enterprise Value | 676.8 M | 710.6 M |
The analysis of Preformed Line's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Preformed Line's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Preformed Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0061 | Forward Dividend Yield 0.0061 | Forward Dividend Rate 0.8 | Beta 0.754 |
Basic technical analysis of Preformed Stock
As of the 12th of May 2024, Preformed Line holds the Risk Adjusted Performance of 0.0458, semi deviation of 2.32, and Coefficient Of Variation of 1609.75. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Preformed Line, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Preformed Line Products, which can be compared to its competitors. Please check Preformed Line Products variance, as well as the relationship between the maximum drawdown and semi variance to decide if Preformed Line Products is priced some-what accurately, providing market reflects its current price of 131.12 per share. Given that Preformed Line has jensen alpha of (0.01), we recommend you to check out Preformed Line Products's recent market performance to make sure the company can sustain itself at a future point.Preformed Line's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Preformed Line insiders, such as employees or executives, is commonly permitted as long as it does not rely on Preformed Line's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Preformed Line insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
David C Sunkle over a month ago Disposition of 2000 shares by David C Sunkle of Preformed Line at 131.9 subject to Rule 16b-3 | ||
Caroline Vaccariello over three months ago Exercise or conversion by Caroline Vaccariello of 2794 shares of Preformed Line subject to Rule 16b-3 | ||
Caroline Vaccariello over three months ago Exercise or conversion by Caroline Vaccariello of 1397 shares of Preformed Line subject to Rule 16b-3 | ||
Caroline Vaccariello over six months ago Disposition of 6000 shares by Caroline Vaccariello of Preformed Line subject to Rule 16b-3 | ||
Michael Weisbarth over six months ago Exercise or conversion by Michael Weisbarth of 5000 shares of Preformed Line subject to Rule 16b-3 | ||
Caroline Vaccariello over a year ago Exercise or conversion by Caroline Vaccariello of 4132 shares of Preformed Line subject to Rule 16b-3 |
Understand Preformed Line's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Preformed Line's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0458 | |||
| Market Risk Adjusted Performance | 0.0803 | |||
| Mean Deviation | 1.83 | |||
| Semi Deviation | 2.32 | |||
| Downside Deviation | 2.39 | |||
| Coefficient Of Variation | 1609.75 | |||
| Standard Deviation | 2.39 | |||
| Variance | 5.73 | |||
| Information Ratio | 0.0273 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0274 | |||
| Treynor Ratio | 0.0703 | |||
| Maximum Drawdown | 12.08 | |||
| Value At Risk | (3.76) | |||
| Potential Upside | 4.0 | |||
| Downside Variance | 5.71 | |||
| Semi Variance | 5.38 | |||
| Expected Short fall | (1.98) | |||
| Skewness | (0.32) | |||
| Kurtosis | 0.8362 |
| Risk Adjusted Performance | 0.0458 | |||
| Market Risk Adjusted Performance | 0.0803 | |||
| Mean Deviation | 1.83 | |||
| Semi Deviation | 2.32 | |||
| Downside Deviation | 2.39 | |||
| Coefficient Of Variation | 1609.75 | |||
| Standard Deviation | 2.39 | |||
| Variance | 5.73 | |||
| Information Ratio | 0.0273 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0274 | |||
| Treynor Ratio | 0.0703 | |||
| Maximum Drawdown | 12.08 | |||
| Value At Risk | (3.76) | |||
| Potential Upside | 4.0 | |||
| Downside Variance | 5.71 | |||
| Semi Variance | 5.38 | |||
| Expected Short fall | (1.98) | |||
| Skewness | (0.32) | |||
| Kurtosis | 0.8362 |
Consider Preformed Line's intraday indicators
Preformed Line intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Preformed Line stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 0.0152 | |||
| Daily Balance Of Power | (0.68) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 130.88 | |||
| Day Typical Price | 130.96 | |||
| Market Facilitation Index | 2.01 | |||
| Price Action Indicator | (0.43) | |||
| Period Momentum Indicator | (1.36) |
Preformed Line Corporate Filings
8K | 8th of May 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 2nd of May 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
| 8th of April 2024 Other Reports | ViewVerify | |
| 22nd of March 2024 Other Reports | ViewVerify |
Preformed Stock media impact
Far too much social signal, news, headlines, and media speculation about Preformed Line that are available to investors today. That information is available publicly through Preformed media outlets and privately through word of mouth or via Preformed internal channels. However, regardless of the origin, that massive amount of Preformed data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Preformed Line news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Preformed Line relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Preformed Line's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Preformed Line alpha.
Preformed Line Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Preformed Line can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Preformed Line without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Preformed Line Corporate Management
Elected by the shareholders, the Preformed Line's board of directors comprises two types of representatives: Preformed Line inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Preformed. The board's role is to monitor Preformed Line's management team and ensure that shareholders' interests are well served. Preformed Line's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Preformed Line's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Dennis McKenna | Executive VP of Global Bus. Devel. | Profile | |
| Caroline Vaccariello | General Counsel, Corporate Secretary | Profile | |
| William III | Vice Region | Profile | |
| Thomas Peterson | Founder | Profile |
How to buy Preformed Stock?
To provide specific investment advice or recommendations on Preformed Line Products stock, we recommend investors consider the following general factors when evaluating Preformed Line Products. This will help you to make an informed decision on whether to include Preformed Line in one of your diversified portfolios:- Examine Preformed Line's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Preformed Line's leadership team and their track record. Good management can help Preformed Line navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Electrical Components & Equipment space and any emerging trends that could impact Preformed Line's business and its evolving consumer preferences.
- Compare Preformed Line's performance and market position to its competitors. Analyze how Preformed Line is positioned in terms of product offerings, innovation, and market share.
- Check if Preformed Line pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Preformed Line's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Preformed Line Products stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Preformed Line Products is a good investment.
Already Invested in Preformed Line Products?
The danger of trading Preformed Line Products is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Preformed Line is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Preformed Line. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Preformed Line Products is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Preformed Line Products offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Preformed Line's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Preformed Line Products Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Preformed Line Products Stock: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Preformed Line Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Preformed Stock analysis
When running Preformed Line's price analysis, check to measure Preformed Line's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Preformed Line is operating at the current time. Most of Preformed Line's value examination focuses on studying past and present price action to predict the probability of Preformed Line's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Preformed Line's price. Additionally, you may evaluate how the addition of Preformed Line to your portfolios can decrease your overall portfolio volatility.
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Is Preformed Line's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Preformed Line. If investors know Preformed will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Preformed Line listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.55) | Dividend Share 0.8 | Earnings Share 10.35 | Revenue Per Share 127.94 | Quarterly Revenue Growth (0.23) |
The market value of Preformed Line Products is measured differently than its book value, which is the value of Preformed that is recorded on the company's balance sheet. Investors also form their own opinion of Preformed Line's value that differs from its market value or its book value, called intrinsic value, which is Preformed Line's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Preformed Line's market value can be influenced by many factors that don't directly affect Preformed Line's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Preformed Line's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Preformed Line is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Preformed Line's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.