Photronics, Inc. (NASDAQ:PLAB – Get Free Report) has received an average recommendation of “Moderate Buy” from the six ratings firms that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $49.3333.
Several research firms have recently weighed in on PLAB. Lake Street Capital reissued a “buy” rating and set a $55.00 target price on shares of Photronics in a research report on Friday, May 1st. Craig Hallum reissued a “buy” rating on shares of Photronics in a research report on Friday, May 29th. Weiss Ratings raised Photronics from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, April 29th. Zacks Research downgraded Photronics from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 13th. Finally, Wall Street Zen downgraded Photronics from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 30th.
Check Out Our Latest Analysis on PLAB
Insider Activity
Hedge Funds Weigh In On Photronics
A number of large investors have recently bought and sold shares of PLAB. Royal Bank of Canada boosted its holdings in Photronics by 30.1% during the 1st quarter. Royal Bank of Canada now owns 219,290 shares of the semiconductor company’s stock valued at $4,553,000 after acquiring an additional 50,707 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Photronics by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 36,647 shares of the semiconductor company’s stock valued at $761,000 after acquiring an additional 1,600 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Photronics by 14.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 96,752 shares of the semiconductor company’s stock valued at $2,009,000 after acquiring an additional 12,159 shares during the period. Intech Investment Management LLC boosted its holdings in Photronics by 6.0% during the 1st quarter. Intech Investment Management LLC now owns 62,441 shares of the semiconductor company’s stock valued at $1,296,000 after acquiring an additional 3,526 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in Photronics by 21.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 273,646 shares of the semiconductor company’s stock valued at $5,153,000 after acquiring an additional 48,342 shares during the period. Hedge funds and other institutional investors own 88.38% of the company’s stock.
Photronics Price Performance
NASDAQ:PLAB opened at $29.15 on Friday. Photronics has a 1 year low of $17.86 and a 1 year high of $56.00. The stock’s 50 day simple moving average is $45.40 and its two-hundred day simple moving average is $37.50. The company has a market cap of $1.72 billion, a price-to-earnings ratio of 10.64 and a beta of 1.37.
Photronics (NASDAQ:PLAB – Get Free Report) last released its quarterly earnings data on Thursday, May 28th. The semiconductor company reported $0.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.11). The firm had revenue of $209.94 million during the quarter, compared to the consensus estimate of $216.47 million. Photronics had a return on equity of 7.69% and a net margin of 18.47%.The business’s revenue was down .5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.40 EPS. Photronics has set its Q3 2026 guidance at 0.390-0.450 EPS. As a group, analysts anticipate that Photronics will post 2.35 EPS for the current year.
About Photronics
Photronics, Inc is a leading global supplier of photomask products used in the manufacture of integrated circuits, flat panel displays, microelectromechanical systems (MEMS), and advanced packaging applications. Photomasks, also known as reticles, are critical templates that carry the precise circuit patterns required for semiconductor lithography processes. The company offers a comprehensive range of mask solutions, including binary masks, attenuated phase-shift masks, reticles for micro-optics, and specialized products for high‐resolution applications.
Founded in 1969 and headquartered in Brookfield, Connecticut, Photronics has grown through organic expansion and strategic investments in high‐end lithography technology.
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