Preformed Line Products Company Price & Performance (PLPC)

Winpak reported first-quarter 2025 net income of $34.6 million, a 2.7% drop from last year. Despite higher sales volumes and improved product mix, increased production waste, inventory obsolescence, and reduced net finance income pressured profits. Gross margins held steady at 31.1%, with operating expenses well managed amid ongoing inflation.1

Short interest in Preformed Line Products has jumped 76% in the past month, signaling growing bearish sentiment. The company’s 2.97% short float and 3.4 days-to-cover ratio remain manageable, but the sudden increase may reflect investor concerns about recent performance and future prospects, especially with earnings approaching.2

Preformed Line Products stock rose 2.61% to $137.77, but analysts suggest holding rather than buying, citing medium risk and a stable horizontal trend. The stock is expected to trade between $116 and $148 over the next three months, with earnings results next week likely to influence direction.3