NASDAQ:PLABPhotronics Stock Price, Forecast & News

Photronics' stock was trading at $11.42 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PLAB stock has increased by 10.2% and is now trading at $12.58. View which stocks have been most impacted by Coronavirus.

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.

Photronics is scheduled to release its next quarterly earnings announcement on Wednesday, May 27th 2020. View our earnings forecast for Photronics.

Photronics will be holding an earnings conference call on Wednesday, May 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Photronics, Inc. (NASDAQ:PLAB) announced its quarterly earnings results on Wednesday, March, 4th. The semiconductor company reported $0.16 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.16. The semiconductor company earned $159.70 million during the quarter, compared to analysts' expectations of $150.50 million. Photronics had a net margin of 5.95% and a return on equity of 3.85%. Photronics's revenue was up 28.1% compared to the same quarter last year. During the same period last year, the firm posted $0.08 earnings per share. View Photronics' earnings history.

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

Photronics updated its second quarter earnings guidance on Wednesday, March, 4th. The company provided earnings per share (EPS) guidance of $0.11-0.17 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.17. The company issued revenue guidance of $145-155 million, compared to the consensus revenue estimate of $151.90 million.

3 equities research analysts have issued twelve-month price objectives for Photronics' stock. Their forecasts range from $15.00 to $18.00. On average, they anticipate Photronics' share price to reach $16.33 in the next year. This suggests a possible upside of 29.8% from the stock's current price. View analysts' price targets for Photronics.

Media stories about PLAB stock have trended very negative this week, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Photronics earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave news coverage about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutPhotronics.

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), Advanced Energy Industries (AEIS), Amkor Technology (AMKR), FormFactor (FORM), Nanometrics (ONTO), Axcelis Technologies (ACLS), Ultra Clean (UCTT) and Xperi (XPER). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Photronics investors own include Intel (INTC), AT&T (T), Micron Technology (MU), Netflix (NFLX), AbbVie (ABBV), Cisco Systems (CSCO), NVIDIA (NVDA), Advanced Micro Devices (AMD), Johnson & Johnson (JNJ) and General Electric (GE).

Photronics trades on the NASDAQ under the ticker symbol "PLAB."

Photronics' stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.23%), State Street Corp (3.43%), Donald Smith & CO. Inc. (2.41%), Wedge Capital Management L L P NC (2.07%), Geode Capital Management LLC (1.51%) and Invesco Ltd. (1.45%). 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.

PLAB stock was sold by a variety of institutional investors in the last quarter, including KAMES CAPITAL plc, BlackRock Inc., AQR Capital Management LLC, Acadian Asset Management LLC, EAM Investors LLC, Public Sector Pension Investment Board, Squarepoint Ops LLC, and State Street Corp. 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.

PLAB stock was acquired by a variety of institutional investors in the last quarter, including Deutsche Bank AG, Eagle Asset Management Inc., Hillsdale Investment Management Inc., Invesco Ltd., Morgan Stanley, Needham Investment Management LLC, Nuveen Asset Management LLC, and Wedge Capital Management L L P NC. View insider buying and selling activity for 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.

One share of PLAB stock can currently be purchased for approximately $12.58.

Photronics has a market capitalization of $819.21 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.

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

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]