About Cabling Installation & Maintenance

Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

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Hershey stock presents investors a sweet buy-the-dip opportunity

Hershey stock price

Shares of The Hershey Company (NYSE: HSY) are down about 7% following the company's mixed earnings report on February 8. The confectioner missed slightly on the top line, with revenue of $2.66 billion missing analysts' estimates of $2.72 billion. However, the company NYSE: HSY">beat on earnings, delivering an upside earnings per share (EPS) surprise of $2.02. Analysts were expecting $1.95 EPS.  

What may be more concerning to investors in the short term is slowing growth. Both revenue and earnings were flat on a year-over-year (YOY) basis. That's why it's important for investors to understand the issues at play with HSY stock.   

Hershey's is facing higher input costs 

Even as a large-cap stock, Hershey's is particularly sensitive to increased commodity prices. The price of cocoa has increased 142% in the last 52 weeks. And in the company's question-and-answer session with analysts following the earnings release, management indicated that they're not expecting relief from surging cocoa prices in 2024.  

As you would expect, higher cocoa prices are taking a bite out of Hershey's earnings. However, Hershey's chief executive officer (CEO) Michele Buck said on the company's conference call that the company won't hesitate to execute strategic price increases to help partially offset the rise in cocoa prices.  

Said Buck, "...As you know we can't talk about future pricing, but I do want to be very clear that there's no change to our pricing strategy and our commitment to use pricing to cover inflation and to support the investments that we think are critical to drive the business." 

Trying to get the pop back in salty snacks 

While the company is best known for its signature chocolate products, Hershey's derives significant revenue from its salty snack business. And one of the most noteworthy brands for the company is Skinny Pop popcorn. 

The company's sales of salty snacks were below expectations for the quarter, and Skinny Pop sales were a significant reason for that decline. According to Buck, the reduction in sales was consistent with expectations and started to improve in December. 

This is a significant category for the company in 2024 because it's the category that will have to offset the earnings decline due to cocoa prices. However, the company expects sales from this category to be in line with 2023.  

Long-term investors just got an opportunity 

With blue-chip companies like Hershey, buy-and-hold investors need to pick their spots. In this case, HSY stock is trading about 7% below its pre-earnings price of around $208. Furthermore, the stock is trading near its 52-week low. 

Every investor has different considerations, but these are generally the conditions when investors who have a long position in a stock get a buying opportunity. The Hershey analyst ratings on MarketBeat give the stock a consensus price target of $227.86. That's a 19% upside for a stock trading at 21x price-to-earnings (P/E), which is lower than its historical mean of 26x and in line with the sector average for consumer staples stocks

That being said, HSY stock has been trading in a narrow range since October 2023, a time when the rest of the market has been on fire. In fact, the stock is up just 2% in the last three months. And it seems the company's best growth opportunities will come in the second half of the year.  

Nevertheless, there's nothing fundamentally wrong with the company's business. Therefore, these are the pullbacks you look for as a long-term investor. And you're getting a dividend with a yield of 2.47% and one that has increased for 14 consecutive years. 

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