Photronics, Inc [PLAB] stock is trading at $26.49, up 0.84%. An important factor to consider is whether the stock is rising or falling in short-term value. The PLAB shares have gain 4.91% over the last week, with a monthly amount glided 8.17%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Photronics, Inc [NASDAQ: PLAB] stock has seen the most recent analyst activity on May 22, 2023, when Northland Capital downgraded its rating to a Market Perform. Previously, Stifel upgraded its rating to Buy on April 11, 2022, and elevated its price target to $21. On February 25, 2021, downgrade downgraded it’s rating to Hold but maintained its price target of $13 on the stock. Stifel upgraded its rating to a Buy but stick to its price target of $13 on September 11, 2020. Stifel downgraded its rating to a Hold and reduced its price target to $13 on June 22, 2020. Stifel upgraded its rating to Buy for this stock on February 10, 2020, but kept the price target unchanged to $16. In a note dated July 18, 2019, Northland Capital initiated an Outperform rating and provided a target price of $12 on this stock.
Photronics, Inc [PLAB] stock has fluctuated between $20.25 and $34.16 over the past year. Currently, Wall Street analysts expect the stock to reach $25.5 within the next 12 months. Photronics, Inc [NASDAQ: PLAB] shares were valued at $26.49 at the most recent close of the market. An investor can expect a potential drop of -3.74% based on the average PLAB price forecast.
Analyzing the PLAB fundamentals
Photronics, Inc [NASDAQ:PLAB] reported sales of 866.95M for the trailing twelve months, which represents a drop of -2.13%. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.26%, Pretax Profit Margin comes in at 0.29%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.11 and Total Capital is 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 26.02 points at the first support level, and at 25.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.04, and for the 2nd resistance point, it is at 27.60.
Ratios To Look Out For
For context, Photronics, Inc’s Current Ratio is 5.07. On the other hand, the Quick Ratio is 4.76, and the Cash Ratio is 3.26. Considering the valuation of this stock, the price to sales ratio is 1.95, the price to book ratio is 1.53 and price to earnings (TTM) ratio is 12.66.
Transactions by insiders
Recent insider trading involved Burr Richelle E, Former Officer, that happened on Oct 18 ’24 when 4093.0 shares were purchased. Former Officer, Burr Richelle E completed a deal on Oct 17 ’24 to buy 15463.0 shares. Meanwhile, Former Officer Burr Richelle E bought 2700.0 shares on Oct 15 ’24.
