Equities Analysts Issue Forecasts for Photronics Q3 Earnings

Photronics, Inc. (NASDAQ:PLAB - Free Report) - Investment analysts at DA Davidson issued their Q3 2025 earnings estimates for shares of Photronics in a research report issued on Thursday, May 29th. DA Davidson analyst T. Diffely anticipates that the semiconductor company will post earnings per share of $0.39 for the quarter. DA Davidson has a "Buy" rating and a $30.00 price target on the stock. The consensus estimate for Photronics' current full-year earnings is $2.30 per share. DA Davidson also issued estimates for Photronics' FY2025 earnings at $1.75 EPS and FY2026 earnings at $2.05 EPS.

Separately, Wall Street Zen cut shares of Photronics from a "buy" rating to a "hold" rating in a report on Friday.

Photronics Trading Down 3.7%

PLAB stock traded down $0.64 during mid-day trading on Friday, hitting $16.79. 1,425,696 shares of the company were exchanged, compared to its average volume of 545,075. The business has a 50 day simple moving average of $19.00 and a 200-day simple moving average of $21.83. The stock has a market capitalization of $1.07 billion, a PE ratio of 8.03 and a beta of 1.43. Photronics has a 1-year low of $16.46 and a 1-year high of $31.60.

Photronics (NASDAQ:PLAB - Get Free Report) last issued its earnings results on Wednesday, May 28th. The semiconductor company reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.08). Photronics had a net margin of 15.07% and a return on equity of 9.10%. The firm had revenue of $210.99 million during the quarter, compared to analyst estimates of $212.00 million. During the same quarter last year, the business posted $0.46 earnings per share. The company's revenue for the quarter was down 2.8% on a year-over-year basis.

Insider Buying and Selling at Photronics

In other Photronics news, Director Walter M. Fiederowicz sold 5,000 shares of the stock in a transaction on Thursday, April 3rd. The stock was sold at an average price of $19.16, for a total transaction of $95,800.00. Following the completion of the transaction, the director now directly owns 24,548 shares of the company's stock, valued at approximately $470,339.68. This represents a 16.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Kang Jyh Lee sold 10,000 shares of the stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $20.90, for a total value of $209,000.00. Following the transaction, the chief executive officer now directly owns 552,100 shares of the company's stock, valued at approximately $11,538,890. This trade represents a 1.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 54,548 shares of company stock valued at $1,093,093. 3.20% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Photronics

Large investors have recently made changes to their positions in the stock. Charles Schwab Investment Management Inc. raised its position in shares of Photronics by 4.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,007,582 shares of the semiconductor company's stock worth $23,739,000 after buying an additional 40,579 shares in the last quarter. Empowered Funds LLC raised its position in shares of Photronics by 13.4% in the fourth quarter. Empowered Funds LLC now owns 376,726 shares of the semiconductor company's stock worth $8,876,000 after buying an additional 44,602 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Photronics by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 5,868,889 shares of the semiconductor company's stock worth $138,271,000 after buying an additional 29,681 shares in the last quarter. Four Tree Island Advisory LLC purchased a new stake in shares of Photronics in the fourth quarter worth $3,472,000. Finally, Barclays PLC raised its position in shares of Photronics by 297.2% in the third quarter. Barclays PLC now owns 114,133 shares of the semiconductor company's stock worth $2,826,000 after buying an additional 85,397 shares in the last quarter. 88.38% of the stock is owned by institutional investors.

About Photronics

Photronics, Inc, together with its subsidiaries, engages in the manufacture and sale of photomask products and services in the United States, Taiwan, China, Korea, Europe, and internationally. It offers photomasks that are used in the manufacture of integrated circuits and flat panel displays (FPDs); and to transfer circuit patterns onto semiconductor wafers, and FDP substrates.