Photronics (PLAB)
NASDAQ:PLAB
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PLAB Stock Chart & Stats
$48.38
-$0.32(-1.31%)
At close: 4:00 PM EST
$48.38
-$0.32(-1.31%)
Day’s Range― - ―
52-Week Range$18.00 - $56.00
Previous CloseN/A
Volume91.06K
Average Volume (3M)1.74M
Market Cap
$1.87B
Enterprise Value$1.40B
Total Cash (Recent Filing)$637.67M
Total Debt (Recent Filing)$3.86M
Price to Earnings (P/E)11.6
Beta1.36
Next Earnings
Aug 27, 2026EPS Estimate
0.4Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.73
Shares Outstanding58,963,700
10 Day Avg. Volume2,629,983
30 Day Avg. Volume1,737,973
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 Cap0.75
Enterprise Value/Revenue1.63
Enterprise Value/Gross Profit4.81
Enterprise Value/Ebitda4.66
Forecast
1Y Price Target
$48.50Price Target Upside0.25% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)2.01
Revenue Forecast (FY)$869.61M
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthPhotronics' near-zero leverage and meaningful equity growth provide durable financial flexibility to fund technology upgrades, geographic expansions, and cyclical downturns without relying on external debt. This conservatism supports long-term stability and strategic optionality.
Operating Cash GenerationConsistent operating cash flow that exceeds reported earnings and generated ~22% of revenue in the quarter shows core profitability converts to cash. Reliable cash generation underpins reinvestment, JV funding, and supports elevated CapEx while limiting reliance on external financing.
Strategic Investment & Tech PositioningTargeted capital investments (U.S. qualification, Korea clean room prep for sub-8nm, Boise 7-nm readiness and a new FPD writer) position Photronics to capture higher-ASP advanced-node and AMOLED display mask demand, strengthening its competitive moat in specialized mask segments.
Bears Say
Revenue WeaknessRevenue contraction and a decline in the core IC segment (which is ~70% of sales) highlight cyclical exposure to semiconductor tape-outs. Prolonged IC softness would reduce scale, hurt fixed-cost absorption and test management's ability to restore volume-driven top-line growth.
Elevated Capital IntensityHigh, multi-year CapEx plans increase execution and timing risk: with free-cash-flow conversion low versus net income, significant reinvestment could limit discretionary capital and compress returns if demand recovery lags or project qualification timelines slip.
Limited Backlog & Fixed CostsA very short backlog and a largely fixed-cost structure reduce revenue visibility and leave margins exposed to utilization declines. In a soft demand environment, the company's limited ability to quickly cut costs amplifies earnings volatility until volumes recover.
Photronics News
PLAB FAQ
What was Photronics’s price range in the past 12 months?
Photronics lowest stock price was $18.00 and its highest was $56.00 in the past 12 months.
What is Photronics’s market cap?
Photronics’s market cap is $1.87B.
When is Photronics’s upcoming earnings report date?
Photronics’s upcoming earnings report date is Aug 27, 2026 which is in 73 days.
How were Photronics’s earnings last quarter?
Photronics released its earnings results on May 28, 2026. The company reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.53 by -$0.11.
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 0.4.
How many shares outstanding does Photronics have?
Photronics has 58,963,700 shares outstanding.
What happened to Photronics’s price movement after its last earnings report?
Photronics reported an EPS of $0.42 in its last earnings report, missing expectations of $0.53. Following the earnings report the stock price went down -36.423%.
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:
$48.50 (0.25% Upside)
$48.50 (0.25% Upside)
Blogger Sentiment
Bullish
PLAB Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 254.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $15.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days <0.1%
Last 30 Days ▲ 7.8%
Last 30 Days ▲ 7.8%
News Sentiment
Neutral
Bullish news 59%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
66.73%
12-Months-Change
Fundamentals
Return on Equity
12.23%
Trailing 12-Months
Asset Growth
13.38%
Trailing 12-Months
Company Description
Photronics
Photronics, Inc., including its affiliated entities, operates as a global supplier focused on the production and distribution of photomask goods and associated services. The company's reach extends across the United States, Taiwan, Korea, Europe, and China, serving international markets. These photomasks are vital for the manufacturing of integrated circuits (ICs) and flat panel displays (FPDs), enabling the precise transfer of circuit patterns onto semiconductor wafers, FPD substrates, and various other electrical and optical components. Photronics markets its offerings to a broad customer base, encompassing semiconductor and FPD manufacturers, designers, foundries, and other producers of high-performance electronics, facilitated by its sales personnel and customer service representatives. Founded in 1969, the company was originally known as Photronic Labs, Inc., changing to Photronics, Inc. in 1990. Its principal office is situated in Brookfield, Connecticut.
PLAB Company Deck
PLAB Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call presented a mixed picture: solid profitability, strong display performance (+13% YoY), healthy operating cash flow (22% of revenue), a robust cash position, and strategic investments (U.S. and Korea expansions, new FPD tool) that position the company for long-term growth in high-end masks. Offsetting these positives were near-term headwinds in the core IC business (IC revenue down 5% YoY), delayed design releases driven by high fab utilization, memory supply/price pressures and geopolitical uncertainty, limited visibility (1–3 week backlog), and elevated CapEx that could weigh on near-term returns if weakness persists. Overall, the company appears strategically well-positioned for medium- to long-term growth but faces meaningful short-term demand and execution risks.View all PLAB earnings summariesPLAB Stock 12 Month Forecast
Average Price Target
$48.50
▲(0.25% Upside)
Technical Analysis
Ownership Overview
3.06% Insiders
30.80% Mutual Funds
19.26% Other Institutional Investors
11.30% Public Companies and Individual Investors