PQ2 Stock Chart & Stats
€38.37
-€0.31(-1.31%)
At close: 4:00 PM EST
€38.37
-€0.31(-1.31%)
Day’s Range― - ―
52-Week Range€16.03 - €48.30
Previous CloseN/A
Volume0.00
Average Volume (3M)128.00
Market Cap
€1.51B
Enterprise Value€1.32B
Total Cash (Recent Filing)€637.67M
Total Debt (Recent Filing)€3.86M
Price to Earnings (P/E)10.9
Beta0.65
Next Earnings
Aug 27, 2026EPS Estimate
0.35Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.73
Shares Outstanding58,963,700
10 Day Avg. Volume0
30 Day Avg. Volume128
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 CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€40.33Price Target Upside5.11% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)1.61
Revenue Forecast (FY)€751.17M
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthExtremely low leverage and meaningful equity growth provide durable financial flexibility. This buffer supports sustained capex, geographic expansion, potential JV funding and downturn resilience, reducing refinancing risk and enabling investment in advanced-node capabilities over the medium term.
Operating Cash GenerationOperating cash flow consistently exceeds reported earnings, indicating high cash quality and the ability to fund operations and reinvest. While FCF conversion is modest vs. net income, reliable OCF supports multi-year investments and cushions against cyclical revenue swings.
Strategic Capacity InvestmentsTargeted investments in U.S./Korea facilities and advanced FPD tooling position the company for higher-ASP, advanced-node work and geographic diversification. These structural moves can increase addressable market, reduce single-region concentration and raise long-term margins as demand shifts to complex masks.
Bears Say
Core IC Demand WeaknessWith ICs ~70% of revenue, sustained weakness in tape-outs or foundry lead-times materially affects utilization and revenue. Prolonged declines reduce fixed-cost absorption, can compress margins and limit the near-term payoff from recent investments until design activity recovers.
High Capital IntensityLarge, ongoing capex raises cash deployment needs and increases execution risk: delayed ramp or weaker demand prolongs payback periods and can depress free-cash-flow generation. If industry cycles soften, returns on these investments could be muted for multiple quarters.
Limited Visibility & Short BacklogA 1–3 week backlog and delayed customer tape-outs constrain revenue predictability and capacity planning. For a fixed-cost manufacturer, this elevates the risk of underutilization and volatile quarter-to-quarter revenue, complicating long-term investment timing and margin stability.
Photronics News
PQ2 FAQ
What was Photronics’s price range in the past 12 months?
Photronics lowest stock price was €16.03 and its highest was €48.30 in the past 12 months.
What is Photronics’s market cap?
Photronics’s market cap is €1.51B.
When is Photronics’s upcoming earnings report date?
Photronics’s upcoming earnings report date is Aug 27, 2026 which is in 47 days.
How were Photronics’s earnings last quarter?
Photronics released its earnings results on May 28, 2026. The company reported €0.369 earnings per share for the quarter, missing the consensus estimate of €0.466 by -€0.097.
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 0.35.
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 €0.369 in its last earnings report, missing expectations of €0.466. Following the earnings report the stock price went down -31.172%.
Which hedge fund is a major shareholder of Photronics?
Currently, no hedge funds are holding shares in DE:PQ2
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
Strong Buy
Average Price Target:
€40.33 (5.11% Upside)
€40.33 (5.11% Upside)
Blogger Sentiment
Bullish
DE:PQ2 Sentiment 70%
Sector Average 65%
Sector Average 65%
Insider Transactions
Sold Shares
Worth €11.8M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
46.46%
12-Months-Change
Fundamentals
Return on Equity
13.39%
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.
PQ2 Company Deck
PQ2 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 DE:PQ2 earnings summariesPQ2 Stock 12 Month Forecast
Average Price Target
€40.33
▲(5.11% Upside)
Technical Analysis
Options Prices
Currently, No data available
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