Photronics (NASDAQ:PLAB) Releases Q3 2025 Earnings Guidance

Photronics (NASDAQ:PLAB - Get Free Report) updated its third quarter 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.350-0.410 for the period, compared to the consensus earnings per share estimate of 0.480. The company issued revenue guidance of $200.0 million-$208.0 million, compared to the consensus revenue estimate of $220.0 million.

Wall Street Analysts Forecast Growth

Separately, DA Davidson dropped their target price on Photronics from $35.00 to $30.00 and set a "buy" rating on the stock in a report on Thursday.

Photronics Stock Down 3.7%

Shares of PLAB traded down $0.64 during trading hours on Friday, reaching $16.79. The company's stock had a trading volume of 1,425,696 shares, compared to its average volume of 545,110. The firm has a market cap of $1.07 billion, a price-to-earnings 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. The company has a 50 day moving average of $19.09 and a two-hundred day moving average of $21.88.

Photronics (NASDAQ:PLAB - Get Free Report) last announced its quarterly earnings results on Wednesday, May 28th. The semiconductor company reported $0.40 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.08). The firm had revenue of $210.99 million during the quarter, compared to the consensus estimate of $212.00 million. Photronics had a net margin of 15.07% and a return on equity of 9.10%. The company's quarterly revenue was down 2.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.46 EPS. As a group, analysts forecast that Photronics will post 2.3 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Walter M. Fiederowicz sold 5,000 shares of the firm's stock in a transaction on Thursday, April 17th. The stock was sold at an average price of $17.79, for a total value of $88,950.00. Following the completion of the sale, the director now directly owns 5,000 shares in the company, valued at approximately $88,950. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Kang Jyh Lee sold 10,000 shares of the firm's 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 completion of the sale, the chief executive officer now 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. Insiders sold 54,548 shares of company stock valued at $1,093,093 over the last 90 days. 3.20% of the stock is currently owned by company insiders.

Institutional Trading of Photronics

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Intech Investment Management LLC increased its stake in shares of Photronics by 6.0% in the first quarter. Intech Investment Management LLC now owns 62,441 shares of the semiconductor company's stock valued at $1,296,000 after buying an additional 3,526 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Photronics by 14.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 96,752 shares of the semiconductor company's stock valued at $2,009,000 after buying an additional 12,159 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Photronics by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 36,647 shares of the semiconductor company's stock valued at $761,000 after buying an additional 1,600 shares in the last quarter. Finally, Royal Bank of Canada increased its stake in shares of Photronics by 30.1% in the first quarter. Royal Bank of Canada now owns 219,290 shares of the semiconductor company's stock valued at $4,553,000 after buying an additional 50,707 shares in the last quarter. 88.38% of the stock is currently owned by institutional investors and hedge funds.

Photronics Company Profile

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.