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.
Industry, Sector and Symbol
Industry Semiconductors & related devices
Sub-IndustrySemiconductor Equipment
SectorComputer and Technology
Phone203-775-9000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$535.28 million
Profitability
Miscellaneous
Employees1,575
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 declared that its board has initiated a stock buyback program on Friday, October 12th 2018, which authorizes the company to repurchase $25,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 3.6% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's leadership believes its shares are undervalued.
How were Photronics' earnings last quarter?
Photronics, Inc. (NASDAQ:PLAB) announced its quarterly earnings data on Thursday, February, 21st. The semiconductor company reported $0.08 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 analyst estimates of $125.10 million. Photronics had a net margin of 7.72% and a return on equity of 4.32%. The business's quarterly revenue was up 1.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.09 earnings per share. View Photronics' Earnings History.
When is Photronics' next earnings date?
What guidance has Photronics issued on next quarter's earnings?
Photronics updated 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 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 brokerages have issued 12 month price objectives for Photronics' stock. Their predictions range from $10.00 to $10.00. On average, they anticipate Photronics' share price to reach $10.00 in the next year. This suggests a possible upside of 6.6% 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?
Media headlines about PLAB stock have been trending negative this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Photronics earned a media sentiment score of -2.0 on InfoTrie's scale. They also gave media headlines about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term.
Who are some of Photronics' key competitors?
Some companies that are related to Photronics include Cirrus Logic (CRUS), Dialog Semiconductor (DLGNF), Acacia Communications (ACIA), Amkor Technology (AMKR), Power Integrations (POWI), BE Semiconductor Industrs (BESIY), Inphi (IPHI), Diodes (DIOD), Solaredge Technologies (SEDG), MaxLinear (MXL), Lattice Semiconductor (LSCC), Tower Semiconductor (TSEM), OSI Systems (OSIS), Silicon Motion Technology (SIMO) and Kulicke and Soffa Industries (KLIC).
What other stocks do shareholders of Photronics own?
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 a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (15.25%), Dimensional Fund Advisors LP (8.75%), Barrow Hanley Mewhinney & Strauss LLC (5.95%), Donald Smith & CO. Inc. (5.39%), Northern Trust Corp (2.75%) and Wedge Capital Management L L P NC (2.16%). 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 institutional investors are selling Photronics stock?
PLAB stock was sold by a variety of institutional investors in the last quarter, including Donald Smith & CO. Inc., Millennium Management LLC, Wedge Capital Management L L P NC, Prudential PLC, Two Sigma Investments LP, Two Sigma Advisers LP, Royce & Associates LP and Perritt Capital Management Inc.. Company insiders that have sold Photronics company stock in the last year include Christopher J Progler, George Macricostas, Kang Jyh Lee, Mitchell G Tyson, Peter S Kirlin, Richelle E Burr and Walter M Fiederowicz. View Insider Buying and Selling for Photronics.
Which institutional investors are buying Photronics stock?
PLAB stock was acquired by a variety of institutional investors in the last quarter, including Divisar Capital Management LLC, BlackRock Inc., Oregon Public Employees Retirement Fund, Alambic Investment Management L.P., Bowling Portfolio Management LLC, Municipal Employees Retirement System of Michigan, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp and Assenagon Asset Management S.A.. 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 $9.38.
How big of a company is Photronics?
Photronics has a market capitalization of $628.95 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?
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)
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.
