NASDAQ:PLAB Photronics (PLAB) Stock Forecast, Price & News $21.78 +0.39 (+1.82%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$21.17▼$21.8050-Day Range$14.18▼$21.7852-Week Range$13.86▼$25.81Volume563,279 shsAverage Volume674,807 shsMarket Capitalization$1.36 billionP/E Ratio10.94Dividend YieldN/APrice Target$24.50 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Photronics MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside12.5% Upside$24.50 Price TargetShort InterestHealthy3.48% of Float Sold ShortDividend StrengthN/ASustainability-2.50Upright™ Environmental ScoreNews Sentiment1.01Based on 13 Articles This WeekInsider TradingN/AProj. Earnings Growth7.96%From $2.01 to $2.17 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.2.16 out of 5 starsComputer And Technology Sector309th out of 609 stocksSemiconductors & Related Devices Industry48th out of 89 stocks 2.3 Analyst's Opinion Consensus RatingPhotronics has received a consensus rating of 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 $24.50, Photronics has a forecasted upside of 12.5% from its current price of $21.78.Amount of Analyst CoveragePhotronics has only been the subject of 2 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.48% of the float of Photronics has been sold short.Short Interest Ratio / Days to CoverPhotronics has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Photronics has recently decreased by 1.49%, indicating that investor sentiment is improving. 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 0.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePhotronics has received a -56.77% net impact score from Upright. The largest negative impact of Photronics in category "GHG emissions" is driven by its "Photomasks" product. See details.Environmental SustainabilityThe Environmental Impact score for Photronics is -2.50. Previous Next 3.3 News and Social Media Coverage News SentimentPhotronics has a news sentiment score of 1.01. 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 0.52 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 13 news articles for Photronics this week, compared to 4 articles on an average week.Search Interest18 people have searched for PLAB on MarketBeat in the last 30 days. This is an increase of 6% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added Photronics to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 Institutions90.41% 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 7.96% in the coming year, from $2.01 to $2.17 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Photronics is 10.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.11.Price to Earnings Ratio vs. SectorThe P/E ratio of Photronics is 10.94, 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 299.42.Price to Book Value per Share RatioPhotronics has a P/B Ratio of 1.13. 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. engages in the provision of photomasks. It manufactures semiconductors and flat-panel displays and is used as masters to transfer circuit patterns onto semiconductor wafers and FPD substrates during the fabrication of integrated circuits, a variety of FPDs and other types of electrical and optical components. The company's manufacturing facilities are located in Taiwan, Korea, the United States, and Europe. Photronics was founded by Constantine S. Macricostas in 1969 and is headquartered in Brookfield, CT.Read More 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 Stock News HeadlinesMay 31, 2023 | americanbankingnews.comPhotronics, Inc. Forecasted to Post Q3 2023 Earnings of $0.52 Per Share (NASDAQ:PLAB)May 30, 2023 | americanbankingnews.comPhotronics, Inc. to Post FY2023 Earnings of $2.02 Per Share, Northland Capmk Forecasts (NASDAQ:PLAB)June 4, 2023 | Behind the Markets (Ad)WARNING TO ALL U.S. INVESTORSMay 16, 2023... The Day That Will Financially Paralyze 181 Million American Investors... Here are 3 steps to prepare yourself >>>May 29, 2023 | finance.yahoo.comPhotronics (PLAB) Moves to Strong Buy: Rationale Behind the UpgradeMay 27, 2023 | americanbankingnews.comPhotronics, Inc. (NASDAQ:PLAB) Forecasted to Post Q3 2023 Earnings of $0.53 Per ShareMay 27, 2023 | americanbankingnews.comPhotronics (NASDAQ:PLAB) Shares Up 5.9% Following Better-Than-Expected EarningsMay 26, 2023 | fool.comPhotronics (NASDAQ: PLAB)May 26, 2023 | americanbankingnews.comPhotronics (NASDAQ:PLAB) Shares Gap Up on Better-Than-Expected EarningsJune 4, 2023 | Behind the Markets (Ad)[BREAKING] Small Firm Develops World's First Anti-Aircraft LaserSmall cap wins $1.65 billion contract to make them. GlobeNewswire says this is a $51.1 Billion market by 2026. See why this stock could soar 2,476% >>>May 26, 2023 | americanbankingnews.comPhotronics (NASDAQ:PLAB) Posts Quarterly Earnings Results, Beats Expectations By $0.10 EPSMay 26, 2023 | americanbankingnews.comPhotronics (NASDAQ:PLAB) Releases Quarterly Earnings Results, Beats Estimates By $0.10 EPSMay 26, 2023 | americanbankingnews.comPhotronics (NASDAQ:PLAB) Releases Q3 2023 Earnings GuidanceMay 26, 2023 | americanbankingnews.comFY2023 Earnings Forecast for Photronics, Inc. Issued By DA Davidson (NASDAQ:PLAB)May 25, 2023 | msn.comNorthland Capital Markets Maintains Photronics (PLAB) Market Perform RecommendationMay 25, 2023 | finance.yahoo.comIs Photronics, Inc. (NASDAQ:PLAB) Trading At A 42% Discount?May 25, 2023 | americanbankingnews.comPhotronics (NASDAQ:PLAB) Price Target Raised to $21.00May 25, 2023 | americanbankingnews.comPhotronics (NASDAQ:PLAB) versus Daqo New Energy (NYSE:DQ) Financial ContrastMay 25, 2023 | finance.yahoo.comQ2 2023 Photronics Inc Earnings CallMay 24, 2023 | forbes.comWhy Photronics’ (PLAB) Stock Can Add To Its Market-Bucking Gain TodayMay 24, 2023 | msn.comWhy Photronics Shares Are Jumping TodayMay 24, 2023 | theglobeandmail.comWhy Is Photronics (PLAB) Stock Rocketing Higher TodayMay 24, 2023 | finance.yahoo.comWhy Shares of Photronics Jumped WednesdayMay 24, 2023 | seekingalpha.comPhotronics, Inc. 2023 Q2 - Results - Earnings Call PresentationMay 24, 2023 | finanznachrichten.dePhotronics, Inc.: Photronics Reports Second Quarter Fiscal 2023 ResultsMay 24, 2023 | msn.comPhotronics: Q2 Earnings InsightsMay 24, 2023 | finance.yahoo.comPhotronics Reports Second Quarter Fiscal 2023 ResultsMay 24, 2023 | americanbankingnews.comPhotronics (NASDAQ:PLAB) Issues Q3 Earnings GuidanceSee More Headlines PLAB Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PLAB Company Calendar Last Earnings5/24/2023Today6/04/2023Next Earnings (Estimated)8/29/2023Fiscal Year End10/31/2023Get 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$24.50 High Stock Price Forecast$28.00 Low Stock Price Forecast$21.00 Forecasted Upside/Downside+12.5%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$1.99 Trailing P/E Ratio10.94 Forward P/E Ratio10.84 P/E GrowthN/ANet Income$118.79 million Net Margins14.04% Pretax Margin29.96% Return on Equity11.09% Return on Assets9.04% Debt Debt-to-Equity Ratio0.02 Current Ratio3.89 Quick Ratio3.59 Sales & Book Value Annual Sales$824.55 million Price / Sales1.65 Cash Flow$3.23 per share Price / Cash Flow6.75 Book Value$19.28 per share Price / Book1.13Miscellaneous Outstanding Shares62,470,000Free Float60,407,000Market Cap$1.36 billion OptionableOptionable Beta1.16 Social Links Key ExecutivesFrank LeePresident, Chief Executive Officer & DirectorDebbie WierzbickiSVP-US & EU Mainstream OperationsJohn P. JordanChief Financial Officer & Executive Vice PresidentChristopher J. ProglerChief Technology Officer & EVP-Strategic PlanningRichelle Emily BurrSecretary, Chief Administrative Officer & EVPKey CompetitorsUltra CleanNASDAQ:UCTTFormFactorNASDAQ:FORMNavitas SemiconductorNASDAQ:NVTSSemtechNASDAQ:SMTCHimax TechnologiesNASDAQ:HIMXView All CompetitorsInsiders & InstitutionsProShare Advisors LLCBought 11,483 shares on 5/26/2023Ownership: 0.018%Ameriprise Financial Inc.Sold 10,466 shares on 5/22/2023Ownership: 0.930%JPMorgan Chase & Co.Sold 29,945 shares on 5/18/2023Ownership: 0.456%New York State Common Retirement FundSold 85,084 shares on 5/18/2023Ownership: 0.131%Thrivent Financial for LutheransSold 2,094 shares on 5/17/2023Ownership: 0.098%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 year. 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 "buy" PLAB shares. View PLAB analyst ratings or view top-rated stocks. What is Photronics' stock price forecast for 2023? 2 Wall Street research analysts have issued 12-month target prices for Photronics' shares. Their PLAB share price forecasts range from $21.00 to $28.00. On average, they expect the company's share price to reach $24.50 in the next twelve months. This suggests a possible upside of 12.5% 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 on January 1st, 2023. Since then, PLAB stock has increased by 29.4% and is now trading at $21.78. View the best growth stocks for 2023 here. When is Photronics' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 29th 2023. View our PLAB earnings forecast. How were Photronics' earnings last quarter? Photronics, Inc. (NASDAQ:PLAB) announced its quarterly earnings data on Wednesday, May, 24th. The semiconductor company reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.10. The semiconductor company had revenue of $229.30 million for the quarter, compared to the consensus estimate of $211 million. Photronics had a net margin of 14.04% and a trailing twelve-month return on equity of 11.09%. The firm's revenue was up 12.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.49 earnings per share. What ETFs hold Photronics' stock? ETFs with the largest weight of Photronics (NASDAQ:PLAB) stock in their portfolio include Invesco Dynamic Semiconductors ETF (PSI), ProShares Nanotechnology ETF (TINY), Cambria Value and Momentum ETF (VAMO), ETC 6 Meridian Small Cap Equity ETF (SIXS), Roundhill Acquirers Deep Value ETF (DEEP), Inspire Fidelis Multi Factor ETF (FDLS), Invesco S&P SmallCap Information Technology ETF (PSCT) and Invesco S&P SmallCap 600 Pure Growth ETF (RZG). What guidance has Photronics issued on next quarter's earnings? Photronics issued an update on its third quarter 2023 earnings guidance on Friday, May, 26th. The company provided earnings per share (EPS) guidance of $0.48-$0.54 for the period, compared to the consensus earnings per share estimate of $0.48. The company issued revenue guidance of $224.00 million-$234.00 million, compared to the consensus revenue estimate of $220.00 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." Who are Photronics' major shareholders? Photronics' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (16.54%), Dimensional Fund Advisors LP (7.18%), State Street Corp (3.22%), Geode Capital Management LLC (2.08%), Prudential Financial Inc. (2.04%) and Royce & Associates LP (1.55%). Insiders that own company stock include Christopher J Progler, John P Jordan, Kang Jyh Lee, Mitchell G Tyson, Mitchell G Tyson, Peter S Kirlin, Richelle E Burr, Richelle E Burr and Walter M Fiederowicz. View institutional ownership trends. 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 $21.78. How much money does Photronics make? Photronics (NASDAQ:PLAB) has a market capitalization of $1.36 billion and generates $824.55 million in revenue each year. The semiconductor company earns $118.79 million in net income (profit) each year or $1.99 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 6/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Photronics, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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