At the time of writing, Photronics, Inc [PLAB] stock is trading at $20.93, down -3.59%. An important factor to consider is whether the stock is rising or falling in short-term value. The PLAB shares have gain 5.23% over the last week, with a monthly amount drifted -8.56%, and not seem to be holding up well over a long-time horizon.
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.
For the past year, the stock price of Photronics, Inc fluctuated between $19.61 and $31.60. Currently, Wall Street analysts expect the stock to reach $25.5 within the next 12 months. Photronics, Inc [NASDAQ: PLAB] shares were valued at $20.93 at the most recent close of the market. An investor can expect a potential return of 21.83% based on the average PLAB price forecast.
Analyzing the PLAB fundamentals
According to Photronics, Inc [NASDAQ:PLAB], the company’s sales were 862.75M for trailing twelve months, which represents an -1.94% plunge. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.31%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.12 and Total Capital is 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.
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 20.64 points at the first support level, and at 20.35 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.42, and for the 2nd resistance point, it is at 21.92.
Ratios To Look Out For
It is important to note that Photronics, Inc [NASDAQ:PLAB] has a current ratio of 5.66. On the other hand, the Quick Ratio is 5.31, and the Cash Ratio is 3.95. Considering the valuation of this stock, the price to sales ratio is 1.54, the price to book ratio is 1.16 and price to earnings (TTM) ratio is 8.89.
Transactions by insiders
Recent insider trading involved Lee Kang Jyh, CHIEF EXECUTIVE OFFICER, that happened on Mar 05 ’25 when 10000.0 shares were sold. Officer, Lee Kang Jyh completed a deal on Mar 05 ’25 to buy 10000.0 shares. Meanwhile, CHIEF EXECUTIVE OFFICER Lee Kang Jyh sold 10000.0 shares on Jan 17 ’25.
