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$17.57 - $56.00
Previous CloseN/A
Volume91.06K
Average Volume (3M)1.42M
Market Cap
$1.95B
Enterprise Value$1.40B
Total Cash (Recent Filing)$637.67M
Total Debt (Recent Filing)$3.86M
Price to Earnings (P/E)12.1
Beta1.29
Next Earnings
Aug 27, 2026EPS Estimate
0.46Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.73
Shares Outstanding58,966,393
10 Day Avg. Volume2,662,190
30 Day Avg. Volume1,418,424
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 Cap0.72
Enterprise Value/Revenue1.63
Enterprise Value/Gross Profit4.81
Enterprise Value/Ebitda5.26
Forecast
1Y Price Target
$48.50Price Target Upside0.25% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)2.26
Revenue Forecast (FY)$886.23M
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthPhotronics' near-zero leverage and meaningful equity growth provide durable financial flexibility. This reduces refinancing and solvency risk during cyclical semiconductor downturns, enables self-funding of strategic investments and M&A optionality, and preserves operational resilience over months.
Cash Generation & LiquidityOperating cash flow consistently exceeds reported earnings and the company holds substantial cash, supporting funding for elevated CapEx and JV commitments without urgent external financing. Strong cash quality buffers cyclical demand swings and sustains investment in growth initiatives.
Strategic CapEx For Advanced Nodes & FPDTargeted investments (U.S. Allen qualification, Korea cleanroom prep, Boise 7‑nm, new FPD tool) position the firm for higher-ASP advanced-node and AMOLED display mask demand. Geographic diversification and tech upgrades support sustained premium product mix and longer-term revenue capture.
Bears Say
IC Revenue DependenceWith IC representing ~70% of sales and recent year-over-year IC weakness, revenue is highly sensitive to design cycles, foundry utilization and memory market swings. Prolonged softness in IC tape-outs or design delays could materially reduce revenue and undercut utilization-dependent margins.
Low FCF Conversion & High CapExFree-cash-flow remains a fraction of net income while management plans elevated capital spending; this combination lowers near-term cash conversion, raises execution and deployment risk, and could constrain discretionary returns or require greater use of cash reserves if demand weakens.
Limited Visibility & Fixed CostsA very short backlog and predominantly fixed cost base mean revenue depends on immediate tape-outs and utilization. Limited forward visibility increases the chance that extended demand softness will compress margins, impair the return on recent CapEx, and prolong recovery timelines.
Photronics News
PLAB FAQ
What was Photronics’s price range in the past 12 months?
Photronics lowest stock price was $17.57 and its highest was $56.00 in the past 12 months.
What is Photronics’s market cap?
Photronics’s market cap is $1.95B.
When is Photronics’s upcoming earnings report date?
Photronics’s upcoming earnings report date is Aug 27, 2026 which is in 85 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 0.46.
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 $0.42 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
Underperform
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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 ▲ 10.7%
Last 30 Days ▲ 16.0%
Last 30 Days ▲ 16.0%
News Sentiment
Bearish
Bullish news 39%
Bearish news 79%
Bearish news 79%
Technicals
SMA
Positive
20 days / 200 days
Momentum
93.68%
12-Months-Change
Fundamentals
Return on Equity
12.23%
Trailing 12-Months
Asset Growth
13.38%
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
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
12.27% Public Companies and Individual Investors