NASDAQ:PLAB - Photronics Stock Price, News, & Analysis

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$9.20 -0.18 (-1.92 %)
(As of 04/23/2019 07:54 AM ET)
Previous Close$9.38
Today's Range$9.1350 - $9.36
52-Week Range$7.60 - $11.58
Volume198,747 shs
Average Volume667,666 shs
Market Capitalization$616.88 million
P/E Ratio15.86
Dividend YieldN/A
Beta0.53
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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Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$535.28 million
Cash Flow$1.7457 per share
Book Value$12.93 per share

Profitability

Net Income$42.05 million

Miscellaneous

Employees1,575
Market Cap$616.88 million
Next Earnings Date5/28/2019 (Estimated)
OptionableOptionable

Photronics (NASDAQ:PLAB) Frequently Asked Questions

What is Photronics' stock symbol?

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

How will Photronics' stock buyback program work?

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

How were Photronics' earnings last quarter?

Photronics, Inc. (NASDAQ:PLAB) posted its quarterly earnings data on Thursday, February, 21st. The semiconductor company reported $0.08 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.05 by $0.03. The semiconductor company earned $124.71 million during the quarter, compared to analysts' expectations of $125.10 million. Photronics had a return on equity of 4.32% and a net margin of 7.72%. Photronics's revenue was up 1.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.09 earnings per share. View Photronics' Earnings History.

When is Photronics' next earnings date?

Photronics is scheduled to release their next quarterly earnings announcement on Tuesday, May 28th 2019. View Earnings Estimates for Photronics.

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

Photronics issued an update on its second quarter earnings guidance on Thursday, February, 21st. The company provided earnings per share (EPS) guidance of $0.03-0.10 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.10. The company issued revenue guidance of $125-135 million, compared to the consensus revenue estimate of $134.35 million.Photronics also updated its Q2 2019 guidance to $0.03-0.10 EPS.

What price target have analysts set for PLAB?

1 equities research analysts have issued 1-year price objectives for Photronics' stock. Their forecasts range from $10.00 to $10.00. On average, they expect Photronics' stock price to reach $10.00 in the next year. This suggests a possible upside of 8.7% from the stock's current price. View Analyst Price Targets for Photronics.

What is the consensus analysts' recommendation for Photronics?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Photronics in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Photronics.

Has Photronics been receiving favorable news coverage?

News coverage about PLAB stock has trended somewhat negative recently, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Photronics earned a media sentiment score of -1.6 on InfoTrie's scale. They also gave headlines about the semiconductor company a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the next few days.

Are investors shorting Photronics?

Photronics saw a drop in short interest in the month of March. As of March 15th, there was short interest totalling 2,145,107 shares, a drop of 48.1% from the February 28th total of 4,135,540 shares. Based on an average daily trading volume, of 863,764 shares, the short-interest ratio is currently 2.5 days. Currently, 3.3% of the shares of the stock are short sold. View Photronics' Current Options Chain.

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 Netflix (NFLX), Intel (INTC), Micron Technology (MU), General Electric (GE), NVIDIA (NVDA), AT&T (T), Cisco Systems (CSCO), Glacier Bancorp (GBCI), salesforce.com (CRM) and Advanced Micro Devices (AMD).

Who are Photronics' key executives?

Photronics' management team includes the folowing 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)

Who are Photronics' major shareholders?

Photronics' stock is owned by many different of retail and institutional investors. Top institutional shareholders include KAMES CAPITAL plc (1.74%), Strs Ohio (0.11%) and Malaga Cove Capital LLC (0.10%). Company insiders that own Photronics stock include Christopher J Progler, Constantine S Macricostas, George Macricostas, John P Jordan, Kang Jyh Lee, Mitchell G Tyson, Peter S Kirlin, Richelle E Burr, Sean T Smith and Walter M Fiederowicz. View Institutional Ownership Trends for Photronics.

Which major investors are buying Photronics stock?

PLAB stock was acquired by a variety of institutional investors in the last quarter, including KAMES CAPITAL plc, Malaga Cove Capital LLC and Strs Ohio. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Photronics' stock price today?

One share of PLAB stock can currently be purchased for approximately $9.20.

How big of a company is Photronics?

Photronics has a market capitalization of $616.88 million and generates $535.28 million in revenue each year. The semiconductor company earns $42.05 million in net income (profit) each year or $0.58 on an earnings per share basis. Photronics employs 1,575 workers across the globe.

What is Photronics' official website?

The official website for Photronics is http://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]


MarketBeat Community Rating for Photronics (NASDAQ PLAB)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  240 (Vote Outperform)
Underperform Votes:  253 (Vote Underperform)
Total Votes:  493
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.
This page was last updated on 4/23/2019 by MarketBeat.com Staff

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