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

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$9.09 -0.35 (-3.71 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$9.09
Today's Range$9.09 - $9.44
52-Week Range$7.60 - $11.58
Volume531,619 shs
Average Volume894,205 shs
Market Capitalization$609.48 million
P/E Ratio16.28
Dividend YieldN/A
Beta0.54
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$1.7119 per share
Book Value$13.62 per share

Profitability

Net Income$42.05 million

Miscellaneous

Employees1,575
Market Cap$609.48 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 has approved a stock repurchase plan 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 reacquire up to 3.6% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board of directors believes its shares are undervalued.

How were Photronics' earnings last quarter?

Photronics, Inc. (NASDAQ:PLAB) released its earnings results 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 the consensus estimate of $125.10 million. Photronics had a net margin of 7.72% and a return on equity of 4.32%. The firm's revenue for the quarter was up 1.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.09 EPS. 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 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 Wall Street analysts have issued 12-month price objectives for Photronics' shares. Their predictions range from $10.00 to $10.00. On average, they expect Photronics' share price to reach $10.00 in the next year. This suggests a possible upside of 10.0% 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?

Press coverage about PLAB stock has been trending neutral this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by reviewing 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 positive five, with scores nearest to five being the most favorable. Photronics earned a news sentiment score of 0.2 on InfoTrie's scale. They also assigned news stories about the semiconductor company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an effect on the stock's share price in the near future.

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 General Electric (GE), Netflix (NFLX), Micron Technology (MU), Intel (INTC), AT&T (T), NVIDIA (NVDA), Advanced Micro Devices (AMD), Opko Health (OPK), Sangamo Therapeutics (SGMO) and salesforce.com (CRM).

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 shareholders 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 bought 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 $9.09.

How big of a company is Photronics?

Photronics has a market capitalization of $609.48 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:  237 (Vote Outperform)
Underperform Votes:  248 (Vote Underperform)
Total Votes:  485
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 3/23/2019 by MarketBeat.com Staff

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