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NASDAQ:PLABPhotronics Stock Price, Forecast & News

$11.13
-0.02 (-0.18 %)
(As of 07/13/2020 04:00 PM ET)
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Today's Range
$11.12
Now: $11.13
$11.62
50-Day Range
$10.63
MA: $11.55
$13.14
52-Week Range
$8.16
Now: $11.13
$16.75
Volume404,386 shs
Average Volume615,862 shs
Market Capitalization$730.37 million
P/E Ratio21.82
Dividend YieldN/A
Beta0.79
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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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 3.1 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.97 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$550.66 million
Cash Flow$1.69 per share
Book Value$13.56 per share

Profitability

Net Income$29.79 million

Miscellaneous

Employees1,775
Market Cap$730.37 million
Next Earnings Date8/18/2020 (Estimated)
OptionableOptionable

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Photronics (NASDAQ:PLAB) Frequently Asked Questions

How has Photronics' stock been impacted by COVID-19 (Coronavirus)?

Photronics' stock was trading at $11.42 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PLAB shares have decreased by 2.5% and is now trading at $11.13. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Photronics?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Photronics in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Photronics.

When is Photronics' next earnings date?

Photronics is scheduled to release its next quarterly earnings announcement on Tuesday, August 18th 2020. View our earnings forecast for Photronics.

How were Photronics' earnings last quarter?

Photronics, Inc. (NASDAQ:PLAB) released its earnings results on Wednesday, May, 27th. The semiconductor company reported $0.10 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.12 by $0.02. The semiconductor company had revenue of $148.20 million for the quarter, compared to analysts' expectations of $147.63 million. Photronics had a net margin of 5.47% and a return on equity of 3.58%. Photronics's revenue was up 12.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.13 earnings per share. View Photronics' earnings history.

How will Photronics' stock buyback program work?

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

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

Photronics updated its third quarter earnings guidance on Wednesday, May, 27th. The company provided earnings per share guidance of $0.11-0.17 for the period, compared to the Thomson Reuters consensus estimate of $0.17. The company issued revenue guidance of $145-155 million, compared to the consensus revenue estimate of $154.27 million.

What price target have analysts set for PLAB?

3 brokers have issued 1-year price objectives for Photronics' stock. Their forecasts range from $13.00 to $18.00. On average, they expect Photronics' stock price to reach $15.33 in the next twelve months. This suggests a possible upside of 37.8% from the stock's current price. View analysts' price targets for Photronics.

Has Photronics been receiving favorable news coverage?

Media headlines about PLAB stock have trended very negative on Tuesday, InfoTrie reports. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Photronics earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned news articles about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news about Photronics.

Are investors shorting Photronics?

Photronics saw a increase in short interest in June. As of June 15th, there was short interest totaling 1,760,000 shares, an increase of 29.4% from the May 31st total of 1,360,000 shares. Based on an average daily trading volume, of 569,600 shares, the days-to-cover ratio is currently 3.1 days. Currently, 2.8% of the company's 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 Intel (INTC), AT&T (T), Micron Technology (MU), Netflix (NFLX), AbbVie (ABBV), Cisco Systems (CSCO), NVIDIA (NVDA), Advanced Micro Devices (AMD), Johnson & Johnson (JNJ) and General Electric (GE).

Who are Photronics' key executives?

Photronics' management team includes the following 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)

What is Photronics' stock symbol?

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

Who are Photronics' major shareholders?

Photronics' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Wedge Capital Management L L P NC (2.20%), Louisiana State Employees Retirement System (0.03%) and Envestnet Asset Management Inc. (0.03%). Company insiders that own Photronics stock include Christopher J Progler, George Macricostas, 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.

Which institutional investors are selling Photronics stock?

PLAB stock was sold by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System. Company insiders that have sold Photronics company stock in the last year 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 insider buying and selling activity for Photronics.

Which institutional investors are buying Photronics stock?

PLAB stock was bought by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, and Envestnet Asset Management Inc.. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Photronics' stock price today?

One share of PLAB stock can currently be purchased for approximately $11.13.

How big of a company is Photronics?

Photronics has a market capitalization of $730.37 million and generates $550.66 million in revenue each year. The semiconductor company earns $29.79 million in net income (profit) each year or $0.44 on an earnings per share basis. Photronics employs 1,775 workers across the globe.

What is Photronics' official website?

The official website for Photronics is 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]

This page was last updated on 7/14/2020 by MarketBeat.com Staff

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