Photronics Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Photronics in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Photronics stock.
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Photronics is scheduled to release its next quarterly earnings announcement on Wednesday, May 26th 2021.
View our earnings forecast for Photronics.

Photronics, Inc. (NASDAQ:PLAB) posted its quarterly earnings results on Wednesday, February, 24th. The semiconductor company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.02. The semiconductor company earned $152.07 million during the quarter, compared to the consensus estimate of $150.05 million. Photronics had a net margin of 5.55% and a trailing twelve-month return on equity of 3.60%.
View Photronics' earnings history.

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 shares have increased by 7.1% and is now trading at $12.23.
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Photronics updated its second quarter earnings guidance on Wednesday, February, 24th. The company provided earnings per share (EPS) guidance of $0.14-0.20 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.16. The company issued revenue guidance of $153-162 million, compared to the consensus revenue estimate of $160.00 million.

2 equities research analysts have issued 12 month price targets for Photronics' stock. Their forecasts range from $13.00 to $13.00. On average, they anticipate Photronics' share price to reach $13.00 in the next twelve months. This suggests a possible upside of 6.3% from the stock's current price.
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8 employees have rated Photronics CEO Peter S. Kirlin on Glassdoor.com. Peter S. Kirlin has an approval rating of 49% among Photronics' employees. This puts Peter S. Kirlin in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Photronics include Applied Materials (AMAT), Lam Research (LRCX), KLA (KLAC), Entegris (ENTG), MKS Instruments (MKSI), Brooks Automation (BRKS), Amkor Technology (AMKR), CMC Materials (CCMP), Advanced Energy Industries (AEIS), FormFactor (FORM), Onto Innovation (ONTO), Xperi (XPER), Cohu (COHU), Ultra Clean (UCTT) and Axcelis Technologies (ACLS).
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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).

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

Photronics' stock is owned by a variety of retail and institutional investors. Top institutional investors include Wedge Capital Management L L P NC (1.81%), Pacer Advisors Inc. (0.09%), Penbrook Management LLC (0.09%), State of Alaska Department of Revenue (0.07%), Louisiana State Employees Retirement System (0.05%) and Everence Capital Management Inc. (0.03%). Company insiders that own Photronics stock 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 institutional ownership trends for Photronics.

PLAB stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Penbrook Management LLC, State of Alaska Department of Revenue, and Louisiana State Employees Retirement System. Company insiders that have sold Photronics company stock in the last year include Christopher J Progler, John P Jordan, Kang Jyh Lee, Peter S Kirlin, and Richelle E Burr.
View insider buying and selling activity for Photronics or view top insider-selling stocks.

PLAB stock was purchased by a variety of institutional investors in the last quarter, including Pacer Advisors Inc., and Everence Capital Management Inc..
View insider buying and selling activity for Photronics or or view top insider-buying stocks.

Shares of PLAB 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.
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One share of PLAB stock can currently be purchased for approximately $12.23.

Photronics has a market capitalization of $775.20 million and generates $609.69 million in revenue each year. The semiconductor company earns $33.82 million in net income (profit) each year or $0.52 on an earnings per share basis.

Photronics employs 1,728 workers across the globe.

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

Photronics is headquartered at 15 SECOR ROAD, BROOKFIELD CT, 06804.

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]