NASDAQ:PLAB Photronics (PLAB) Stock Forecast, Price & News $19.96 -0.35 (-1.72%) (As of 10/3/2023 ET) Add Compare Share Share Today's Range$19.77▼$20.3050-Day Range$19.13▼$26.7452-Week Range$13.86▼$26.98Volume595,468 shsAverage Volume677,694 shsMarket Capitalization$1.25 billionP/E Ratio10.40Dividend YieldN/APrice Target$21.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Photronics MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside5.2% Upside$21.00 Price TargetShort InterestHealthy3.70% of Float Sold ShortDividend StrengthN/ASustainability-2.67Upright™ Environmental ScoreNews Sentiment1.28Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth14.21%From $1.97 to $2.25 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.95 out of 5 starsComputer And Technology Sector457th out of 596 stocksSemiconductors & Related Devices Industry71st out of 90 stocks 1.3 Analyst's Opinion Consensus RatingPhotronics has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $21.00, Photronics has a forecasted upside of 5.2% from its current price of $19.96.Amount of Analyst CoveragePhotronics has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.70% of the float of Photronics has been sold short.Short Interest Ratio / Days to CoverPhotronics has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Photronics has recently decreased by 14.17%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldPhotronics does not currently pay a dividend.Dividend GrowthPhotronics does not have a long track record of dividend growth. Previous Next 1.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePhotronics has received a -40.71% net impact score from Upright. The largest negative impact of Photronics in category "GHG emissions" is driven by its "Photomasks for semiconductors" and "Photomasks" products. See details.Environmental SustainabilityThe Environmental Impact score for Photronics is -2.67. Previous Next 2.9 News and Social Media Coverage News SentimentPhotronics has a news sentiment score of 1.28. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Photronics this week, compared to 3 articles on an average week.Search InterestOnly 5 people have searched for PLAB on MarketBeat in the last 30 days. This is a decrease of -62% compared to the previous 30 days.MarketBeat Follows11 people have added Photronics to their MarketBeat watchlist in the last 30 days. This is an increase of 22% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Photronics insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.31% of the stock of Photronics is held by insiders.Percentage Held by Institutions83.44% of the stock of Photronics is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Photronics are expected to grow by 14.21% in the coming year, from $1.97 to $2.25 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Photronics is 10.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.16.Price to Earnings Ratio vs. SectorThe P/E ratio of Photronics is 10.40, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 251.68.Price to Book Value per Share RatioPhotronics has a P/B Ratio of 1.16. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Photronics (NASDAQ:PLAB) StockPhotronics, 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. The company offers photomasks that are used in the manufacture of integrated circuits and flat panel displays (FPDs); and to transfer circuit patterns onto semiconductor wafers, FDP substrates, and various types of electrical and optical components. It sells its products to semiconductor and FPD manufacturers, designers, and foundries, as well as to other high-performance electronics manufacturers through its sales personnel and customer service representatives. The company was formerly known as Photronic Labs, Inc. and changed its name to Photronics, Inc. in 1990. Photronics, Inc. was founded in 1969 and is based in Brookfield, Connecticut.Read More PLAB Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PLAB Stock News HeadlinesSeptember 30, 2023 | msn.comPhotronics: Riding Massive Tailwinds At Bargain ValuationSeptember 25, 2023 | finance.yahoo.comPhotronics Stock Rating Upgrade A Sign Of Chip Market Rebound?October 4, 2023 | Oxford Club (Ad)Sneaky CEO Hides Monster AI Stock Under Secret Trade NameThe public isn't supposed to know about this monster AI stock under $5...It’s technology is quietly the engine that runs new powerful artificial intelligence models like ChatGPT. And Wall Street is getting hungry for more shares.September 18, 2023 | finance.yahoo.comMultiple Reasons for the Outperformance of Photronics (PLAB)September 11, 2023 | seekingalpha.comPhotronics Eyes Consolidation Amid Technical HurdlesSeptember 11, 2023 | finance.yahoo.comPhotronics Inc (PLAB): A Deep Dive into Financial Metrics and Competitive StrengthsSeptember 10, 2023 | finance.yahoo.com1 Tiny Stock That Could Be a Hidden Gem in the Coming Semiconductor BoomSeptember 7, 2023 | finance.yahoo.comPhotronics, Inc. (NASDAQ:PLAB) Q3 2023 Earnings Call TranscriptOctober 4, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.September 7, 2023 | finance.yahoo.comQ3 2023 Photronics Inc Earnings CallSeptember 6, 2023 | msn.comWhy Photronics Stock Was Down TodaySeptember 6, 2023 | finance.yahoo.comPhotronics (PLAB): A Comprehensive Analysis of Its Market ValueSeptember 6, 2023 | marketwatch.comPhotronics 3Q Revenue Rises, Despite Softening DemandSeptember 6, 2023 | finanznachrichten.dePhotronics, Inc.: Photronics Reports Third Quarter Fiscal 2023 ResultsSeptember 6, 2023 | theglobeandmail.comPhotronics (NASDAQ:PLAB) Misses Q3 Sales Targets, Stock DropsSeptember 6, 2023 | markets.businessinsider.comPhotronics Q3 Earnings Fall; Stock Down In Pre-marketSeptember 6, 2023 | proactiveinvestors.comPhotronics lacks near-term growth narrativeSeptember 6, 2023 | markets.businessinsider.comPhotronics Slides After Q3 Earnings Miss, Demand Slowdown In Some End MarketsSeptember 6, 2023 | finance.yahoo.comPhotronics Reports Third Quarter Fiscal 2023 ResultsSeptember 6, 2023 | finance.yahoo.comPhotronics Stock Drops After Chip Gear Supplier Misses EstimatesSeptember 6, 2023 | seekingalpha.comPhotronics, Inc. 2023 Q3 - Results - Earnings Call PresentationSeptember 5, 2023 | markets.businessinsider.comPhotronics earnings preview: what Wall Street is expectingSeptember 5, 2023 | theglobeandmail.comPhotronics Earnings: What To Look For From PLABAugust 31, 2023 | finance.yahoo.comPhotronics, Inc.'s (NASDAQ:PLAB) Stock Is Going Strong: Is the Market Following Fundamentals?August 29, 2023 | msn.comPhotronics: The Foreign Exchange Movements Are FavorableAugust 22, 2023 | finance.yahoo.comPhotronics (PLAB) Stock Moves -0.09%: What You Should KnowAugust 19, 2023 | money.usnews.comPhotronics, Inc.See More Headlines Receive PLAB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Photronics and its competitors with MarketBeat's FREE daily newsletter. Email Address PLAB Company Calendar Last Earnings9/06/2023Today10/04/2023Fiscal Year End10/31/2023Next Earnings (Estimated)12/12/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Semiconductors & related devices Sub-IndustrySemiconductor Equipment SectorComputer and Technology Current SymbolNASDAQ:PLAB CUSIP71940510 CIK810136 Webwww.photronics.com Phone(203) 775-9000FaxN/AEmployees1,828Year Founded1969Price Target and Rating Average Stock Price Forecast$21.00 High Stock Price Forecast$21.00 Low Stock Price Forecast$21.00 Forecasted Upside/Downside+5.2%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$1.92 Trailing P/E Ratio10.40 Forward P/E Ratio10.13 P/E GrowthN/ANet Income$118.79 million Net Margins13.48% Pretax Margin29.47% Return on Equity10.72% Return on Assets8.82% Debt Debt-to-Equity Ratio0.02 Current Ratio4.05 Quick Ratio3.76 Sales & Book Value Annual Sales$824.55 million Price / Sales1.51 Cash Flow$3.19 per share Price / Cash Flow6.26 Book Value$17.22 per share Price / Book1.16Miscellaneous Outstanding Shares62,550,000Free Float60,478,000Market Cap$1.25 billion OptionableOptionable Beta1.21 Social Links 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesDr. KangJyh Lee Ph.D. (Age 70)CEO & Director Comp: $1.61MMr. John P. Jordan (Age 77)Exec. VP & CFO Comp: $530.3kDr. Christopher J. Progler Ph.D. (Age 59)Exec. VP of Strategic Planning & CTO Comp: $749.66kMs. Richelle E. Burr Esq. (Age 59)Exec. VP, Chief Admin. Officer, Gen. Counsel & Sec. Comp: $996.27kEric RiveraVP, Corp. Controller, Principal Accounting OfficerMs. Debbie WierzbickiSr. VP of US/EU Mainstream Operations & Global Production ControlMore ExecutivesKey CompetitorsUltra CleanNASDAQ:UCTTFormFactorNASDAQ:FORMSMART GlobalNASDAQ:SGHNavitas SemiconductorNASDAQ:NVTSHimax TechnologiesNASDAQ:HIMXView All CompetitorsInsiders & InstitutionsVirginia Retirement Systems ET ALBought 31,700 shares on 8/22/2023Ownership: 0.051%California State Teachers Retirement SystemSold 1,182 shares on 8/21/2023Ownership: 0.120%Osaic Holdings Inc.Bought 28,415 shares on 8/21/2023Ownership: 0.062%Teachers Retirement System of The State of KentuckyBought 1,082 shares on 8/21/2023Ownership: 0.032%Legato Capital Management LLCSold 7,197 shares on 8/18/2023Ownership: 0.040%View All Insider TransactionsView All Institutional Transactions PLAB Stock - Frequently Asked Questions Should I buy or sell Photronics stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Photronics in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PLAB shares. View PLAB analyst ratings or view top-rated stocks. What is Photronics' stock price forecast for 2023? 2 Wall Street analysts have issued 1-year target prices for Photronics' stock. Their PLAB share price forecasts range from $21.00 to $21.00. On average, they predict the company's stock price to reach $21.00 in the next year. This suggests a possible upside of 5.2% from the stock's current price. View analysts price targets for PLAB or view top-rated stocks among Wall Street analysts. How have PLAB shares performed in 2023? Photronics' stock was trading at $16.83 at the beginning of 2023. Since then, PLAB shares have increased by 18.6% and is now trading at $19.96. View the best growth stocks for 2023 here. Are investors shorting Photronics? Photronics saw a drop in short interest during the month of September. As of September 15th, there was short interest totaling 2,120,000 shares, a drop of 14.2% from the August 31st total of 2,470,000 shares. Based on an average trading volume of 553,400 shares, the days-to-cover ratio is presently 3.8 days. Currently, 3.7% of the shares of the company are sold short. View Photronics' Short Interest. When is Photronics' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, December 12th 2023. View our PLAB earnings forecast. How were Photronics' earnings last quarter? Photronics, Inc. (NASDAQ:PLAB) released its quarterly earnings data on Wednesday, September, 6th. The semiconductor company reported $0.51 EPS for the quarter, missing analysts' consensus estimates of $0.52 by $0.01. The semiconductor company earned $224.20 million during the quarter, compared to analyst estimates of $230 million. Photronics had a trailing twelve-month return on equity of 10.72% and a net margin of 13.48%. The company's revenue for the quarter was up 2.0% compared to the same quarter last year. During the same period last year, the company earned $0.51 EPS. What ETFs hold Photronics' stock? ETFs with the largest weight of Photronics (NASDAQ:PLAB) stock in their portfolio include Invesco Semiconductors ETF (PSI), Cambria Value and Momentum ETF (VAMO), Euclidean Fundamental Value ETF (ECML), ETC 6 Meridian Small Cap Equity ETF (SIXS), Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), Invesco S&P SmallCap Information Technology ETF (PSCT) and Inspire Fidelis Multi Factor ETF (FDLS). What guidance has Photronics issued on next quarter's earnings? Photronics updated its fourth quarter 2023 earnings guidance on Wednesday, September, 6th. The company provided earnings per share guidance of $0.51-$0.59 for the period, compared to the consensus estimate of $0.54. The company issued revenue guidance of $222.00 million-$232.00 million, compared to the consensus revenue estimate of $231.00 million. What is Peter S. Kirlin's approval rating as Photronics' CEO? 8 employees have rated Photronics Chief Executive Officer Peter S. Kirlin on Glassdoor.com. Peter S. Kirlin has an approval rating of 49% among the company's employees. This puts Peter S. Kirlin in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Photronics own? Based on aggregate information from My MarketBeat watchlists, some companies that other Photronics investors own include Intel (INTC), AT&T (T), Micron Technology (MU), NVIDIA (NVDA), Netflix (NFLX), AbbVie (ABBV), Advanced Micro Devices (AMD), General Electric (GE), Johnson & Johnson (JNJ) and Cisco Systems (CSCO). What is Photronics' stock symbol? Photronics trades on the NASDAQ under the ticker symbol "PLAB." How do I buy shares of Photronics? Shares of PLAB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Photronics' stock price today? One share of PLAB stock can currently be purchased for approximately $19.96. How much money does Photronics make? Photronics (NASDAQ:PLAB) has a market capitalization of $1.25 billion and generates $824.55 million in revenue each year. The semiconductor company earns $118.79 million in net income (profit) each year or $1.92 on an earnings per share basis. How many employees does Photronics have? The company employs 1,828 workers across the globe. Does Photronics have any subsidiaries? The following companies are subsidiares of Photronics: Align-Rite International Ltd, Microphase Laboratories, PDMC Shanghai Ltd., PK Ltd., PKLT Co. Ltd., PMCH, Photronics (Wales) Limited, Photronics Advanced Mask Corporation, Photronics California Inc., Photronics DNP Mask Corporation, Photronics Idaho Inc., Photronics MZD GmbH, Photronics Singapore Pte Ltd., Photronics Texas Allen Inc., Photronics UK Ltd., Trianja Technologies Inc., and Xiamen American Japan Photronics Mask Co. Ltd..Read More How can I contact Photronics? Photronics' mailing address is 15 SECOR ROAD, BROOKFIELD CT, 06804. The official website for the company is www.photronics.com. The semiconductor company can be reached via phone at (203) 775-9000 or via email at tdewar@photronics.com. This page (NASDAQ:PLAB) was last updated on 10/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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