NASDAQ:PLAB Photronics Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add $10.16 +0.09 (+0.89 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$9.95Now: $10.17▼$10.3450-Day Range$8.73MA: $10.69▼$12.1752-Week Range$8.31Now: $10.17▼$16.75Volume1.24 million shsAverage Volume593,710 shsMarket Capitalization$667.47 millionP/E Ratio17.53Dividend YieldN/ABeta0.79 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingPhotronics has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $15.33, Photronics has a forecasted upside of 50.8% from its current price of $10.17.Amount of Analyst CoveragePhotronics has only been the subject of 2 research reports in the past 90 days. Previous Next 2.4 Community Rank Outperform VotesPhotronics has received 318 “outperform” votes. (Add your “outperform” vote.)Underperform VotesPhotronics has received 333 “underperform” votes. (Add your “underperform” vote.)Community SentimentPhotronics has received 51.15% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Photronics and other stocks. Vote “Outperform” if you believe PLAB will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PLAB will underperform the S&P 500 over the long term. You may vote once every thirty days. 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 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Photronics insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $381,891.00 in company stock.Percentage Held by InsidersOnly 3.82% of the stock of Photronics is held by insiders.Percentage Held by Institutions92.66% 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 3.8 Earnings and Valuation Earnings GrowthEarnings for Photronics are expected to grow by 43.86% in the coming year, from $0.57 to $0.82 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Photronics is 17.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.97.Price to Earnings Ratio vs. SectorThe P/E ratio of Photronics is 17.53, 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 62.55.Price to Book Value per Share RatioPhotronics has a P/B Ratio of 0.75. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next 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 Stock Exchange NASDAQ Industry Semiconductors & related devices Sub-IndustrySemiconductor Equipment SectorComputer and Technology Current SymbolNASDAQ:PLAB Previous Symbol CUSIP71940510 CIK810136 Webwww.photronics.com Phone203-775-9000Debt Debt-to-Equity Ratio0.04 Current Ratio2.91 Quick Ratio2.60Price-To-Earnings Trailing P/E Ratio17.53 Forward P/E Ratio17.83 P/E GrowthN/A Sales & Book Value Annual Sales$550.66 million Price / Sales1.21 Cash Flow$1.93 per share Price / Cash Flow5.27 Book Value$13.56 per share Price / Book0.75Profitability EPS (Most Recent Fiscal Year)$0.44 Net Income$29.79 million Net Margins6.01% Return on Equity4.00% Return on Assets3.24%Miscellaneous Employees1,775 Outstanding Shares65,664,000Market Cap$667.47 million Next Earnings Date12/9/2020 (Estimated) OptionableOptionable $10.16 +0.09 (+0.89 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive PLAB News and Ratings via Email Sign-up to receive the latest news and ratings for PLAB and its competitors with MarketBeat's FREE daily newsletter. Photronics (NASDAQ:PLAB) Frequently Asked Questions How has Photronics' stock price been impacted by COVID-19 (Coronavirus)? Photronics' stock was trading at $11.42 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PLAB stock has decreased by 11.0% and is now trading at $10.1650. 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) announced its earnings results on Thursday, August, 27th. The semiconductor company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.02. The semiconductor company earned $157.90 million during the quarter, compared to analysts' expectations of $150.90 million. Photronics had a return on equity of 4.00% and a net margin of 6.01%. The firm's revenue was up 14.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.10 EPS. View Photronics' earnings history. How will Photronics' stock buyback program work? Photronics announced that its board has authorized a share buyback program on Friday, October 12th 2018, which permits the company to repurchase $25,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 3.6% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's management believes its shares are undervalued. What guidance has Photronics issued on next quarter's earnings? Photronics issued an update on its fourth quarter earnings guidance on Thursday, August, 27th. The company provided earnings per share (EPS) 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 brokerages have issued 1 year price objectives for Photronics' shares. Their forecasts range from $13.00 to $18.00. On average, they expect Photronics' share price to reach $15.33 in the next twelve months. This suggests a possible upside of 50.8% from the stock's current price. View analysts' price targets for Photronics. Who are some of Photronics' key competitors? Some companies that are related to Photronics include Applied Materials (AMAT), Lam Research (LRCX), KLA (KLAC), Teradyne (TER), Entegris (ENTG), MKS Instruments (MKSI), Cabot Microelectronics (CCMP), Brooks Automation (BRKS), Amkor Technology (AMKR), Advanced Energy Industries (AEIS), FormFactor (FORM), Nanometrics (ONTO), Xperi (XPER), Ultra Clean (UCTT) and Axcelis Technologies (ACLS). View all 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), Cisco Systems (CSCO), General Electric (GE) 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 institutional and retail investors. Top institutional investors 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 $10.17. How big of a company is Photronics? Photronics has a market capitalization of $667.47 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 9/18/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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 top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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