Photronics (PLAB)
NASDAQ:PLAB
PLAB Stock Chart & Stats
$44.90
-$0.32(-1.31%)
At close: 4:00 PM EST
$44.90
-$0.32(-1.31%)
Day’s Range― - ―
52-Week Range$16.59 - $45.92
Previous CloseN/A
Volume91.06K
Average Volume (3M)903.63K
Market Cap
$2.65B
Enterprise Value$2.10B
Total Cash (Recent Filing)$636.87M
Total Debt (Recent Filing)$21.00K
Price to Earnings (P/E)12.1
Beta1.41
Next Earnings
May 27, 2026EPS Estimate
0.53Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.61
Shares Outstanding58,966,393
10 Day Avg. Volume789,472
30 Day Avg. Volume903,627
Financial Highlights & Ratios
PEG Ratio1.30
Price to Book (P/B)1.21
Price to Sales (P/S)1.68
P/FCF Ratio23.88
Enterprise Value/Market Cap0.79
Enterprise Value/Revenue2.44
Enterprise Value/Gross Profit6.94
Enterprise Value/Ebitda7.11
Forecast
1Y Price Target
$47.00Price Target Upside4.68% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)2.26
Revenue Forecast (FY)$886.20M
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthPhotronics' essentially debt-free balance sheet and expanding asset/equity base provide durable financial flexibility over the next several quarters. This supports funding elevated CapEx, absorbing cyclical revenue swings, preserving investment optionality and reducing refinancing risk during execution of expansion projects.
Strong Operating Cash FlowRobust operating cash generation underpins the company's ability to self-fund growth investments and working capital needs over months. High cash conversion provides resilience if demand fluctuates, supports disciplined CapEx phasing, and reduces reliance on external financing while enabling strategic reinvestment into high-end capacity.
Technology Leadership & High-end PositioningEarly adoption of advanced mask writers and record high-end IC shipments signal durable competitive advantage in higher-ASP segments. Ability to qualify advanced nodes and G8.6 FPD tooling positions Photronics to capture secular regionalization and outsourcing of high-end mask work, supporting structural mix improvement.
Bears Say
Short Backlog And Limited Demand VisibilityAn inherently short backlog makes near-term revenue and margin planning vulnerable to order swings; high-ASP orders can materially change results with little lead time. This structural variability complicates capacity planning and weakens revenue visibility for multiple quarters, increasing execution risk during expansions.
Elevated Capital Expenditure RequirementsSustained high CapEx to expand high-end capacity will raise depreciation and requires successful equipment installation and customer qualifications to generate returns. Over the next 2–6 months, elevated spending can pressure near-term margins and free cash flow until expansions ramp and contribute volume.
Competitive Pressure In China Mainstream SegmentRising local competition in mainstream photomasks risks structural ASP and margin erosion in a significant addressable market. Even as high-end demand grows, prolonged pricing pressure in mainstream products could compress aggregated margin sustainability and limit the durability of overall profitability.
Photronics News
PLAB FAQ
What was Photronics’s price range in the past 12 months?
Photronics lowest stock price was $16.59 and its highest was $45.92 in the past 12 months.
What is Photronics’s market cap?
Photronics’s market cap is $2.65B.
When is Photronics’s upcoming earnings report date?
Photronics’s upcoming earnings report date is May 27, 2026 which is in 44 days.
How were Photronics’s earnings last quarter?
Photronics released its earnings results on Feb 25, 2026. The company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.535 by $0.075.
Is Photronics overvalued?
According to Wall Street analysts Photronics’s price is currently Undervalued.
Does Photronics pay dividends?
Photronics does not currently pay dividends.
What is Photronics’s EPS estimate?
Photronics’s EPS estimate is 0.53.
How many shares outstanding does Photronics have?
Photronics has 58,966,393 shares outstanding.
What happened to Photronics’s price movement after its last earnings report?
Photronics reported an EPS of $0.61 in its last earnings report, beating expectations of $0.535. Following the earnings report the stock price went up 14.688%.
Which hedge fund is a major shareholder of Photronics?
Currently, no hedge funds are holding shares in PLAB
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Photronics Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$47.00 (4.68% Upside)
$47.00 (4.68% Upside)
Blogger Sentiment
Bullish
PLAB Sentiment 83%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 66.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $10.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.0%
Last 30 Days ▲ 14.8%
Last 30 Days ▲ 14.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
153.10%
12-Months-Change
Fundamentals
Return on Equity
11.84%
Trailing 12-Months
Asset Growth
11.54%
Trailing 12-Months
Company Description
Photronics
Photronics, Inc., together with its subsidiaries, engages in the manufacture and sale of photomask products and services in the United States, Taiwan, Korea, Europe, China, and internationally. The company offers photomasks that are used in the manufacture of integrated circuits and flat panel displays (FPDs); and to transfer circuit patterns onto semiconductor wafers, FDP substrates, and other types of electrical and optical components. It sells its products to semiconductor and FPD manufacturers, designers, 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 incorporated in 1969 and is based in Brookfield, Connecticut.
PLAB Company Deck
PLAB Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presents a generally positive operational and financial performance: revenue growth, record high-end IC sales, strong margins, and robust operating cash flow. Management has clear strategic initiatives—technology leadership, geographic expansion (U.S., Korea), and prioritized high-end opportunities—that support future growth. Near-term cautions include a seasonal Q2 revenue dip due to Chinese New Year, limited order visibility (1–3 week backlog), capacity constraints until expansions and qualifications complete, elevated fiscal 2026 CapEx (which will raise depreciation), and competitive pressure in China’s mainstream segment. On balance, the positives (growth, record high-end demand, strong profitability and cash generation, and clear expansion strategy) outweigh the near-term headwinds and execution risks.View all PLAB earnings summariesPLAB Stock 12 Month Forecast
Average Price Target
$47.00
▲(4.68% Upside)
Technical Analysis
Ownership Overview
3.64% Insiders
30.49% Mutual Funds
16.83% Other Institutional Investors
15.97% Public Companies and Individual Investors