Photronics Inc's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 3/104 in the Semiconductors & Semiconductor Equipment industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 32.98.In the medium term, the stock price is expected to trend up.The company has been performing strongly in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Photronics Inc's Score
Industry at a Glance
Industry Ranking
3 / 104
Overall Ranking
39 / 4592
Industry
Semiconductors & Semiconductor Equipment
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
3
analysts
Buy
Current Rating
32.983
Target Price
+30.63%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Photronics Inc Highlights
StrengthsRisks
Photronics, Inc. is a manufacturer of photomasks, which are high-precision photographic quartz or glass plates containing microscopic images of electronic circuits. The Company manufactures photomasks, which are used as masters to transfer circuit patterns onto semiconductor wafers and FPD substrates. The photomasks the Company manufactures incorporate circuit designs provided on a confidential basis by its customers. The Company sells its photomasks to semiconductor designers and manufacturers, and manufacturers of FPDs. Photomask technology is also being applied to the fabrication of other higher-performance electronic products such as virtual reality/augmented reality advanced IC packages, photonics, micro-electronic mechanical systems, and certain nanotechnology applications. The Company operates approximately 11 manufacturing facilities, which are located in Taiwan, China, Korea, the United States, and Europe.
Overvalued
The company’s latest PB is 1.83, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 55.57M shares, decreasing 11.06% quarter-over-quarter.
Photronics, Inc. is a manufacturer of photomasks, which are high-precision photographic quartz or glass plates containing microscopic images of electronic circuits. The Company manufactures photomasks, which are used as masters to transfer circuit patterns onto semiconductor wafers and FPD substrates. The photomasks the Company manufactures incorporate circuit designs provided on a confidential basis by its customers. The Company sells its photomasks to semiconductor designers and manufacturers, and manufacturers of FPDs. Photomask technology is also being applied to the fabrication of other higher-performance electronic products such as virtual reality/augmented reality advanced IC packages, photonics, micro-electronic mechanical systems, and certain nanotechnology applications. The Company operates approximately 11 manufacturing facilities, which are located in Taiwan, China, Korea, the United States, and Europe.
Ticker SymbolPLAB
CompanyPhotronics Inc
CEOMacricostas (George C)
Websitehttps://www.photronics.com/
FAQs
What is the current price of Photronics Inc (PLAB)?
The current price of Photronics Inc (PLAB) is 36.390.
What is the symbol of Photronics Inc?
The ticker symbol of Photronics Inc is PLAB.
What is the 52-week high of Photronics Inc?
The 52-week high of Photronics Inc is 39.798.
What is the 52-week low of Photronics Inc?
The 52-week low of Photronics Inc is 16.458.
What is the market capitalization of Photronics Inc?
The market capitalization of Photronics Inc is 2.15B.
What is the net income of Photronics Inc?
The net income of Photronics Inc is 136.41M.
Is Photronics Inc (PLAB) currently rated as Buy, Hold, or Sell?
According to analysts, Photronics Inc (PLAB) has an overall rating of Buy, with a price target of 32.983.
What is the Earnings Per Share (EPS TTM) of Photronics Inc (PLAB)?
The Earnings Per Share (EPS TTM) of Photronics Inc (PLAB) is 2.288.