Analyzing Photronics, Inc. (PLAB)’s financial ratios for investment purposes

As of close of business last night, Photronics, Inc.’s stock clocked out at $28.01, up 4.63% from its previous closing price of $26.77. In other words, the price has increased by $+1.24 from its previous closing price. On the day, 1156024 shares were traded.

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Ratios:

To gain a deeper understanding of PLAB’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.17. For the most recent quarter (mrq), Quick Ratio is recorded 4.09 and its Current Ratio is at 4.36. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.00.

On April 11, 2022, Stifel Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $19 to $21.

Stifel Downgraded its Buy to Hold on February 25, 2021, while the target price for the stock was maintained at $13.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PLAB now has a Market Capitalization of 1.75B and an Enterprise Value of 1.26B. As of this moment, Photronics,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.60, and their Forward P/E ratio for the next fiscal year is 11.67. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.95 while its Price-to-Book (P/B) ratio in mrq is 1.76. Its current Enterprise Value per Revenue stands at 1.40 whereas that against EBITDA is 3.41.

Stock Price History:

The Beta on a monthly basis for PLAB is 1.39, which has changed by 57.45% over the last 52 weeks, in comparison to a change of 27.79% over the same period for the S&P500. Over the past 52 weeks, PLAB has reached a high of $34.16, while it has fallen to a 52-week low of $13.86. The 50-Day Moving Average of the stock is 30.25, while the 200-Day Moving Average is calculated to be 23.86.

Shares Statistics:

It appears that PLAB traded 636.39K shares on average per day over the past three months and 963.13k shares per day over the past ten days. A total of 61.31M shares are outstanding, with a floating share count of 57.40M. Insiders hold about 8.32% of the company’s shares, while institutions hold 90.73% stake in the company. Shares short for PLAB as of Jan 31, 2024 were 2.31M with a Short Ratio of 3.63, compared to 2.24M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 3.69% and a Short% of Float of 4.59%.

Earnings Estimates

As of right now, 1 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.55 for the current quarter, with a high estimate of $0.55 and a low estimate of $0.55, while EPS last year was $0.65. The consensus estimate for the next quarter is $0.58, with high estimates of $0.58 and low estimates of $0.58.

Analysts are recommending an EPS of between $2.15 and $2.15 for the fiscal current year, implying an average EPS of $2.15. EPS for the following year is $2.4, with 1 analysts recommending between $2.4 and $2.4.

Revenue Estimates

A total of 1 analysts have provided revenue estimates for PLAB’s current fiscal year. The highest revenue estimate was $932.3M, while the lowest revenue estimate was $932.3M, resulting in an average revenue estimate of $932.3M. In the same quarter a year ago, actual revenue was $892.08M, up 4.50% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $1B in the next fiscal year. The high estimate is $1B and the low estimate is $1B. The average revenue growth estimate for next year is up 7.30% from the average revenue estimate for this year.

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