Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
Photronics, Inc (NASDAQ: PLAB) closed the day trading at $26.27 down -6.38% from the previous closing price of $28.06. In other words, the price has decreased by -$6.38 from its previous closing price. On the day, 0.81 million shares were traded. PLAB stock price reached its highest trading level at $27.93 during the session, while it also had its lowest trading level at $25.55.
Ratios:
For a better understanding of PLAB, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.75. For the most recent quarter (mrq), Quick Ratio is recorded 4.76 and its Current Ratio is at 5.07. 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.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 18 ’24 when Burr Richelle E bought 4,093 shares for $24.00 per share.
Burr Richelle E bought 15,463 shares of PLAB for $371,119 on Oct 17 ’24. On Oct 15 ’24, another insider, Burr Richelle E, who serves as the Former Officer of the company, bought 2,700 shares for $24.23 each.
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 1777706752 and an Enterprise Value of 1363293312. As of this moment, Photronics,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.56, and their Forward P/E ratio for the next fiscal year is 11.42. 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 1.92 while its Price-to-Book (P/B) ratio in mrq is 1.52. Its current Enterprise Value per Revenue stands at 1.564 whereas that against EBITDA is 4.35.
Stock Price History:
Over the past 52 weeks, PLAB has reached a high of $34.16, while it has fallen to a 52-week low of $20.25. The 50-Day Moving Average of the stock is 7.47%, while the 200-Day Moving Average is calculated to be 2.39%.
Shares Statistics:
Over the past 3-months, PLAB traded about 426.31K shares per day on average, while over the past 10 days, PLAB traded about 599200 shares per day. A total of 63.35M shares are outstanding, with a floating share count of 60.96M. Insiders hold about 3.78% of the company’s shares, while institutions hold 87.83% stake in the company. Shares short for PLAB as of 1732838400 were 2261164 with a Short Ratio of 5.30, compared to 1730332800 on 1689926. Therefore, it implies a Short% of Shares Outstanding of 2261164 and a Short% of Float of 4.46.
