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Photronics (PLAB)
NASDAQ:PLAB
PLAB Stock Chart & Stats
$37.43
-$0.32(-1.31%)
At close: 4:00 PM EST
$37.43
-$0.32(-1.31%)
Day’s Range― - ―
52-Week Range$16.46 - $45.40
Previous CloseN/A
Volume91.06K
Average Volume (3M)1.18M
Market Cap
$2.17B
Enterprise Value$1.67B
Total Cash (Recent Filing)$636.87M
Total Debt (Recent Filing)$21.00K
Price to Earnings (P/E)16.0
Beta1.48
Next Earnings
May 27, 2026EPS Estimate
0.5Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.61
Shares Outstanding57,922,770
10 Day Avg. Volume1,331,263
30 Day Avg. Volume1,179,610
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 Cap0.77
Enterprise Value/Revenue1.93
Enterprise Value/Gross Profit5.50
Enterprise Value/Ebitda5.64
Forecast
1Y Price Target
$45.00Price Target Upside20.22% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)2.13
Revenue Forecast (FY)$886.57M
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthPhotronics’ near-zero debt and a materially enlarged equity and asset base provide durable financial flexibility. This conservatism supports sustained investment in high-end capacity, cushions cyclical downturns in semiconductor demand, and lowers refinancing and solvency risk over the next 2–6 months.
Strong Operating Cash GenerationConsistently robust operating cash flow and a large cash position underpin the company’s ability to fund elevated CapEx and working capital needs without reliance on debt. This strengthens execution risk management and allows multi-quarter investments to proceed while preserving liquidity.
High‑end Technology Leadership And Mix ShiftGrowing high‑end mask sales and early adoption of advanced equipment (e.g., G8.6 AMOLED capability) create sustainable competitive advantage. Capturing advanced-node and specialized display work yields higher ASPs and operating leverage, supporting margins and durable revenue mix improvement.
Bears Say
Very Short Backlog / Low VisibilityA 1–3 week backlog makes near-term revenue and capacity planning highly sensitive to discrete customer orders. This structural low-visibility increases quarter-to-quarter volatility in revenue and margins, complicates forecasting, and raises execution risk for multi-quarter capacity investments.
High‑end Capacity Constraints And Timing RiskCurrent constraints on high-end capacity limit the firm’s ability to monetize surging demand immediately. Multi-quarter qualification cycles and staggered facility ramp-ups mean revenue gains depend on timely equipment installs and customer qualifications, creating execution and timing risk.
Elevated CapEx Vs Weaker FCF ConversionLarge planned CapEx increases depreciation and requires disciplined execution to generate incremental revenue. Coupled with a TTM free cash flow conversion materially below prior peaks, this raises the risk that near-term returns on invested capital and free cash flow generation may be pressured until new capacity is fully productive.
Photronics News
PLAB FAQ
What was Photronics’s price range in the past 12 months?
Photronics lowest stock price was $16.46 and its highest was $45.40 in the past 12 months.
What is Photronics’s market cap?
Photronics’s market cap is $2.17B.
When is Photronics’s upcoming earnings report date?
Photronics’s upcoming earnings report date is May 27, 2026 which is in 86 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 0.5.
How many shares outstanding does Photronics have?
Photronics has 57,922,770 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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$45.00 (20.22% Upside)
$45.00 (20.22% Upside)
Blogger Sentiment
Bullish
PLAB Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 66.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $7.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▲ 1.6%
Last 30 Days ▼ 2.4%
Last 30 Days ▼ 2.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
81.78%
12-Months-Change
Fundamentals
Return on Equity
11.67%
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
$45.00
▲(20.22% Upside)
Technical Analysis
Ownership Overview
3.55% Insiders
30.94% Mutual Funds
11.74% Other Institutional Investors
20.48% Public Companies and
Individual Investors