Photronics, Inc. (NASDAQ:PLAB) Given Consensus Rating of “Buy” by Brokerages

Photronics, Inc. (NASDAQ:PLAB) has been given a consensus recommendation of “Buy” by the five analysts that are covering the firm, Marketbeat reports. One analyst has rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $43.50.

PLAB has been the subject of several analyst reports. Craig Hallum increased their price objective on Photronics from $36.00 to $42.00 and gave the company a “buy” rating in a report on Thursday, December 11th. Zacks Research upgraded Photronics from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 17th. DA Davidson raised their price target on Photronics from $30.00 to $45.00 and gave the stock a “buy” rating in a report on Thursday, December 11th. Wall Street Zen upgraded Photronics from a “hold” rating to a “buy” rating in a research note on Saturday, September 13th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Photronics in a research report on Monday, December 29th.

Insider Activity at Photronics

In other Photronics news, SVP Han Kyung Park sold 13,750 shares of Photronics stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $37.99, for a total transaction of $522,362.50. Following the completion of the sale, the senior vice president owned 89,250 shares of the company’s stock, valued at approximately $3,390,607.50. The trade was a 13.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Kang Jyh Lee sold 8,750 shares of the business’s stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $34.31, for a total value of $300,212.50. Following the sale, the director owned 484,600 shares in the company, valued at approximately $16,626,626. The trade was a 1.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 107,500 shares of company stock valued at $3,747,925. 3.20% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Photronics

A number of institutional investors and hedge funds have recently modified their holdings of PLAB. Larson Financial Group LLC purchased a new stake in shares of Photronics in the third quarter worth about $28,000. Hantz Financial Services Inc. lifted its holdings in Photronics by 673.4% in the third quarter. Hantz Financial Services Inc. now owns 1,485 shares of the semiconductor company’s stock valued at $34,000 after acquiring an additional 1,293 shares during the period. Byrne Asset Management LLC purchased a new stake in Photronics in the 2nd quarter worth approximately $40,000. Wexford Capital LP acquired a new stake in shares of Photronics during the 3rd quarter worth approximately $62,000. Finally, State of Wyoming acquired a new stake in shares of Photronics during the 3rd quarter worth approximately $73,000. Institutional investors and hedge funds own 88.38% of the company’s stock.

Photronics Stock Performance

PLAB stock opened at $33.41 on Wednesday. Photronics has a one year low of $16.46 and a one year high of $39.80. The firm has a market cap of $1.97 billion, a price-to-earnings ratio of 14.59 and a beta of 1.52. The firm has a 50-day simple moving average of $26.95 and a two-hundred day simple moving average of $23.47.

Photronics (NASDAQ:PLAB) last posted its quarterly earnings data on Wednesday, December 10th. The semiconductor company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.47 by $0.13. Photronics had a net margin of 16.06% and a return on equity of 7.87%. The firm had revenue of $215.77 million during the quarter, compared to analyst estimates of $204.54 million. During the same quarter in the previous year, the business posted $0.59 EPS. Photronics’s revenue was down 3.1% on a year-over-year basis. Photronics has set its Q1 2026 guidance at 0.510-0.590 EPS. As a group, equities analysts predict that Photronics will post 2.3 earnings per share for the current fiscal year.

Photronics Company Profile

Photronics, Inc is a leading global supplier of photomask products used in the manufacture of integrated circuits, flat panel displays, microelectromechanical systems (MEMS), and advanced packaging applications. Photomasks, also known as reticles, are critical templates that carry the precise circuit patterns required for semiconductor lithography processes. The company offers a comprehensive range of mask solutions, including binary masks, attenuated phase-shift masks, reticles for micro-optics, and specialized products for high‐resolution applications.

Founded in 1969 and headquartered in Brookfield, Connecticut, Photronics has grown through organic expansion and strategic investments in high‐end lithography technology.