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NASDAQ:PLAB

Photronics Stock Forecast, Price & News

$9.80
-0.02 (-0.20 %)
(As of 09/25/2020 12:00 AM ET)
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Today's Range
$9.63
Now: $9.80
$9.87
50-Day Range
$8.73
MA: $10.41
$11.97
52-Week Range
$8.31
Now: $9.80
$16.75
Volume468,402 shs
Average Volume590,842 shs
Market Capitalization$643.51 million
P/E Ratio16.90
Dividend YieldN/A
Beta0.79
Photronics, Inc., together with its subsidiaries, manufactures and sells photomasks in Taiwan, Korea, the United States, Europe, and internationally. The company offers photomasks, which are high precision photographic quartz or glass plates containing microscopic images of electronic circuits for use in the manufacture of semiconductors and flat panel displays (FPDs), as well as that are used as masters to transfer circuit patterns onto semiconductor wafers and flat panel display substrates during the fabrication of integrated circuits, FPDs, and other types of electrical and optical components. It sells its products to semiconductor or FPD designers, manufacturers, 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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 3.8 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.13 out of 5 stars


Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustrySemiconductor Equipment
Current SymbolNASDAQ:PLAB
CUSIP71940510
Phone203-775-9000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$550.66 million
Cash Flow$1.86 per share
Book Value$13.56 per share

Profitability

Net Income$29.79 million

Miscellaneous

Employees1,775
Market Cap$643.51 million
Next Earnings Date12/9/2020 (Estimated)
OptionableOptionable
$9.80
-0.02 (-0.20 %)
(As of 09/25/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Photronics (NASDAQ:PLAB) Frequently Asked Questions

How has Photronics' stock price been impacted by COVID-19?

Photronics' stock was trading at $11.42 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PLAB stock has decreased by 14.2% and is now trading at $9.80.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Photronics?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Photronics in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Photronics
.

When is Photronics' next earnings date?

Photronics is scheduled to release its next quarterly earnings announcement on Wednesday, December 9th 2020.
View our earnings forecast for Photronics
.

How were Photronics' earnings last quarter?

Photronics, Inc. (NASDAQ:PLAB) posted its quarterly earnings results on Thursday, August, 27th. The semiconductor company reported $0.17 earnings per share for the quarter, beating analysts' consensus estimates of $0.15 by $0.02. The semiconductor company had revenue of $157.90 million for the quarter, compared to analyst estimates of $150.90 million. Photronics had a return on equity of 4.00% and a net margin of 6.01%. The company's revenue for the quarter was up 14.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.10 EPS.
View Photronics' earnings history
.

How will Photronics' stock buyback program work?

Photronics announced that its board has authorized a stock buyback program on Friday, October 12th 2018, which allows the company to buyback $25,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 3.6% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors believes its shares are undervalued.

What guidance has Photronics issued on next quarter's earnings?

Photronics updated its fourth quarter earnings guidance on Thursday, August, 27th. The company provided earnings per share guidance of $0.12-0.19 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.21. The company issued revenue guidance of $148-158 million, compared to the consensus revenue estimate of $159.77 million.

What price target have analysts set for PLAB?

3 brokers have issued twelve-month price targets for Photronics' stock. Their forecasts range from $13.00 to $18.00. On average, they expect Photronics' share price to reach $15.33 in the next year. This suggests a possible upside of 56.5% from the stock's current price.
View analysts' price targets for Photronics
.

Who are some of Photronics' key competitors?

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), Cisco Systems (CSCO) and Johnson & Johnson (JNJ).

Who are Photronics' key executives?

Photronics' management team includes the following people:
  • Mr. Constantine S. Macricostas, Chairman (Age 83)
  • Dr. Peter S. Kirlin, CEO & Director (Age 58)
  • Mr. John P. Jordan, Sr. VP & CFO (Age 73)
  • Dr. Christopher J. Progler, VP of Strategic Planning & CTO (Age 55)
  • Ms. Richelle E. Burr, VP, Gen. Counsel & Sec. (Age 55)

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 shareholders include Vanguard Group Inc. (6.60%), Donald Smith & CO. Inc. (2.40%), Wedge Capital Management L L P NC (2.20%), Bank of Montreal Can (1.21%), Bank of New York Mellon Corp (1.13%) and Charles Schwab Investment Management Inc. (1.04%). Company insiders that own Photronics stock include Christopher J Progler, George Macricostas, John P Jordan, Joseph A Fiorita Jr, Kang Jyh Lee, Mitchell G Tyson, Peter S Kirlin, Richelle E Burr and Walter M Fiederowicz.
View institutional ownership trends for Photronics
.

Which major investors are selling Photronics stock?

PLAB stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Marshall Wace LLP, Vanguard Group Inc., Phocas Financial Corp., KAMES CAPITAL plc, Canada Pension Plan Investment Board, Charles Schwab Investment Management Inc., and AQR Capital Management LLC. Company insiders that have sold Photronics company stock in the last year include Christopher J Progler, John P Jordan, Joseph A Fiorita Jr, Kang Jyh Lee, Mitchell G Tyson, Peter S Kirlin, Richelle E Burr, and Walter M Fiederowicz.
View insider buying and selling activity for Photronics
.

Which major investors are buying Photronics stock?

PLAB stock was bought by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Assenagon Asset Management S.A., Acuitas Investments LLC, WINTON GROUP Ltd, Grantham Mayo Van Otterloo & Co. LLC, Heartland Advisors Inc., Hussman Strategic Advisors Inc., and Adirondack Research & Management Inc..
View insider buying and selling activity for Photronics
.

How do I buy shares of Photronics?

Shares of PLAB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Photronics' stock price today?

One share of PLAB stock can currently be purchased for approximately $9.80.

How big of a company is Photronics?

Photronics has a market capitalization of $643.51 million and generates $550.66 million in revenue each year. The semiconductor company earns $29.79 million in net income (profit) each year or $0.44 on an earnings per share basis. Photronics employs 1,775 workers across the globe.

What is Photronics' official website?

The official website for Photronics is www.photronics.com.

How can I contact Photronics?

Photronics' mailing address is 15 SECOR ROAD, BROOKFIELD CT, 06804. The semiconductor company can be reached via phone at 203-775-9000 or via email at [email protected]

This page was last updated on 9/27/2020 by MarketBeat.com Staff

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