Photronics (NASDAQ:PLAB) Issues Earnings Results

Photronics (NASDAQ:PLAB) announced its quarterly earnings results on Wednesday. The semiconductor company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.13, FiscalAI reports. The firm had revenue of $215.77 million during the quarter, compared to analysts’ expectations of $204.54 million. Photronics had a net margin of 12.67% and a return on equity of 8.19%. During the same period in the prior year, the company posted $0.59 EPS. Photronics updated its Q1 2026 guidance to 0.510-0.590 EPS.

Photronics Price Performance

Shares of NASDAQ:PLAB opened at $25.69 on Wednesday. Photronics has a 1 year low of $16.46 and a 1 year high of $31.60. The business’s 50-day moving average is $23.11 and its 200-day moving average is $21.44. The company has a market capitalization of $1.52 billion, a price-to-earnings ratio of 14.60 and a beta of 1.54.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on PLAB. Wall Street Zen raised shares of Photronics from a “hold” rating to a “buy” rating in a research note on Saturday, September 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Photronics in a research report on Monday, December 1st. Singular Research raised Photronics to a “strong-buy” rating in a research note on Thursday, September 4th. Finally, Zacks Research lowered Photronics from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 13th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $31.00.

Insiders Place Their Bets

In other news, Director Kang Jyh Lee sold 10,000 shares of Photronics stock in a transaction on Monday, October 6th. The shares were sold at an average price of $25.33, for a total value of $253,300.00. Following the completion of the sale, the director owned 513,350 shares in the company, valued at $13,003,155.50. The trade was a 1.91% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Mary Paladino sold 42,750 shares of the business’s stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $24.00, for a total transaction of $1,026,000.00. Following the transaction, the director owned 33,798 shares in the company, valued at $811,152. The trade was a 55.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 67,750 shares of company stock valued at $1,629,700. Company insiders own 3.20% of the company’s stock.

Institutional Investors Weigh In On Photronics

Several hedge funds and other institutional investors have recently bought and sold shares of PLAB. Larson Financial Group LLC bought a new position in shares of Photronics during the 3rd quarter worth about $28,000. Wexford Capital LP bought a new stake in Photronics in the 3rd quarter valued at about $62,000. Tower Research Capital LLC TRC raised its stake in Photronics by 424.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 8,363 shares of the semiconductor company’s stock worth $157,000 after buying an additional 6,767 shares during the period. Osaic Holdings Inc. boosted its holdings in Photronics by 24.2% in the second quarter. Osaic Holdings Inc. now owns 8,715 shares of the semiconductor company’s stock worth $164,000 after acquiring an additional 1,698 shares in the last quarter. Finally, Merit Financial Group LLC acquired a new stake in Photronics in the third quarter valued at approximately $228,000. 88.38% of the stock is owned by institutional investors.

Photronics Company Profile

Photronics, Inc, together with its subsidiaries, engages in the manufacture and sale of photomask products and services in the United States, Taiwan, China, Korea, Europe, and internationally. It offers photomasks that are used in the manufacture of integrated circuits and flat panel displays (FPDs); and to transfer circuit patterns onto semiconductor wafers, and FDP substrates.