Photronics Stock Forecast, Price & News

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. The consensus among Wall Street analysts is that investors should "buy" Photronics stock.
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3 brokerages have issued 1 year target prices for Photronics' shares. Their PLAB stock forecasts range from $23.00 to $30.00. On average, they predict Photronics' stock price to reach $26.33 in the next year. This suggests a possible upside of 35.2% from the stock's current price.
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Photronics' stock was trading at $18.85 at the beginning of the year. Since then, PLAB stock has increased by 3.3% and is now trading at $19.48.
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Photronics is scheduled to release its next quarterly earnings announcement on Wednesday, August 24th 2022.
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Photronics, Inc. (NASDAQ:PLAB) issued its earnings results on Wednesday, May, 25th. The semiconductor company reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.14. The semiconductor company had revenue of $204.50 million for the quarter, compared to the consensus estimate of $192.37 million. Photronics had a net margin of 12.03% and a trailing twelve-month return on equity of 8.45%. The business's quarterly revenue was up 28.0% on a year-over-year basis. During the same quarter last year, the business posted $0.17 EPS.
View Photronics' earnings history.

Photronics issued an update on its third quarter 2022 earnings guidance on Wednesday, June, 22nd. The company provided earnings per share guidance of $0.45-$0.55 for the period, compared to the consensus EPS estimate of $0.37. The company issued revenue guidance of $205.00 million-$215.00 million, compared to the consensus revenue estimate of $196.40 million.

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), CMC Materials (CCMP), Amkor Technology (AMKR), Onto Innovation (ONTO), FormFactor (FORM), Advanced Energy Industries (AEIS), Axcelis Technologies (ACLS), Xperi (XPER), Cohu (COHU), Ultra Clean (UCTT) and Veeco Instruments (VECO).
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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."

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 $19.48.

Photronics (NASDAQ:PLAB) has a market capitalization of $1.20 billion and generates $663.76 million in revenue each year. The semiconductor company earns $55.45 million in net income (profit) each year or $1.48 on an earnings per share basis.

Photronics employs 1,728 workers across the globe.

Photronics was founded in 1969.

Photronics' mailing address is 15 SECOR ROAD, BROOKFIELD CT, 06804. The official website for Photronics is www.photronics.com. The semiconductor company can be reached via phone at (203) 775-9000 or via email at [email protected].