View ValuationPhotronics 향후 성장Future 기준 점검 0/6Photronics은 연간 수입과 매출이 각각 0.5%와 4.3% 증가할 것으로 예상되고 EPS는 연간 0.6%만큼 증가할 것으로 예상됩니다.핵심 정보0.5%이익 성장률0.63%EPS 성장률Semiconductor 이익 성장25.6%매출 성장률4.3%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트01 May 2026최근 향후 성장 업데이트공시 • Feb 25Photronics, Inc. Provides Earnings Guidance for the Second Quarter Fiscal 2026Photronics, Inc. provided earnings guidance for the Second Quarter Fiscal 2026. For the quarter, the company expects Revenue to be between $212 million and $220 million.Price Target Changed • Dec 12Price target increased by 32% to US$43.50Up from US$33.00, the current price target is an average from 2 analysts. New target price is 20% above last closing price of US$36.31. Stock is up 37% over the past year. The company is forecast to post earnings per share of US$2.11 for next year compared to US$2.29 last year.공시 • Dec 11Photronics, Inc. Provides Earnings Guidance for the First Quarter of 2026Photronics, Inc. provided earnings guidance for the first quarter of 2026. For the first quarter of fiscal 2026, Photronics expects Revenue to be between $217 million and $225 million.공시 • Aug 27Photronics, Inc. Provides Earnings Guidance for the Fourth Quarter of Fiscal 2025Photronics, Inc. provided earnings guidance for the fourth quarter of fiscal 2025. For the quarter, Photronics expects Revenue to be between $201 million and $209 million.Major Estimate Revision • Jun 04Consensus EPS estimates fall by 23%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$874.1m to US$838.1m. EPS estimate also fell from US$2.16 per share to US$1.67 per share. Net income forecast to shrink 7.4% next year vs 17% growth forecast for Semiconductor industry in the US . Consensus price target down from US$35.00 to US$30.00. Share price rose 6.4% to US$18.02 over the past week.공시 • Feb 26Photronics, Inc. Provides Earnings Guidance for the Second Quarter of Fiscal Year 2025Photronics, Inc. provided earnings guidance for the second quarter of fiscal year 2025. For the period, the company expected revenue to be between $208 million and $216 million.모든 업데이트 보기Recent updatesSeeking Alpha • May 19Photronics Q2 Earnings Preview: I Need To See High-End ICs Making A Larger ImpactSummary Photronics remains a hold as current valuation appears stretched, with limited near-term growth despite AI-related tailwinds. Q2 guidance aligns with consensus: $216M revenue and $0.53 EPS, with a slight beat possible but not expected to be dramatic. Capacity expansion ($330M capex) targets high-end ICs, but margin improvement and top-line acceleration remain uncertain. I maintain a hold rating, awaiting clearer signs of sustainable earnings growth and margin recovery before considering a more bullish stance. Read the full article on Seeking Alpha공시 • May 16Photronics, Inc. Appoints Christopher Dayton as Senior Vice President, Finance, Effective May 11, 2026Photronics, Inc. announced the appointment of Christopher Dayton as Senior Vice President, Finance, effective May 11, 2026. Mr. Dayton will be based at the company’s corporate headquarters in Brookfield, Connecticut and report directly to Photronics’ President & Chief Financial Officer, Eric Rivera. In this role, Mr. Dayton will support execution of Photronics’ financial plan, ensure financial governance, and enable long-term growth initiatives across the company’s global manufacturing operations. He will provide operational leadership across key areas of the finance organization, including financial planning and analysis, treasury, tax, and enterprise financial processes, while supporting the continued execution of Photronics’ global financial strategy and operational objectives. Mr. Dayton brings more than 25 years of financial leadership experience in global manufacturing organizations. Most recently, he served in senior finance leadership roles at BIC Corporation, a multibillion consumer goods company with manufacturing and distribution operations across six continents, including Interim Chief Financial Officer and Vice President, Global Financial Planning and Analysis. In that role, he led a global finance team spanning financial planning and analysis, treasury, tax, investor relations, internal audit, and enterprise risk management. Prior to BIC, Mr. Dayton spent more than 15 years at Campbell Soup Company, most recently as Vice President, Finance for the Pepperidge Farm division. Mr. Dayton earned a Master of Business Administration from New York University’s Stern School of Business and a Bachelor of Science in Chemical Engineering from the University of Virginia.내러티브 업데이트 • May 14PLAB: Higher P/E Expectations And Display Investments Will Support Steady OutlookAnalysts have lifted the Photronics price target from $47.00 to $51.50, citing fresh research that maintains similar growth and margin assumptions while applying a higher future P/E multiple supported by recent bullish coverage. Analyst Commentary Recent research takes a constructive stance on Photronics, with bullish analysts lifting their price objectives after revisiting their P/E assumptions and reaffirming existing growth and margin frameworks.공시 • May 13Photronics, Inc. to Report Q2, 2026 Results on May 28, 2026Photronics, Inc. announced that they will report Q2, 2026 results Pre-Market on May 28, 2026내러티브 업데이트 • Apr 24PLAB: Bullish Initiation And Advanced Display Capacity Will Support Steady OutlookAnalysts kept their fair value estimate for Photronics steady at $47.00, with a new bullish initiation highlighting confidence in the company's long term earnings profile and supporting assumptions such as a roughly 10.47% discount rate and a future P/E of about 25x. Analyst Commentary Analysts framing the new bullish initiation on Photronics are leaning on the existing fair value estimate of US$47.00, the assumed 10.47% discount rate, and a projected P/E of about 25x to shape their views on both upside potential and execution risks.Recent Insider Transactions • Apr 15Senior VP & COO of IC Operations recently sold US$525k worth of stockOn the 9th of April, David Wang sold around 12k shares on-market at roughly US$44.25 per share. This transaction amounted to 8.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$11m more than they bought in the last 12 months.내러티브 업데이트 • Apr 10PLAB: Bullish Research And New Mask Writer Support Steady Fair Value OutlookAnalysts now hold their price target for Photronics at $47.00. This level is supported by recent bullish research that highlights the company’s position in its market and updated assumptions around discount rate, revenue growth, profit margin and future P/E.Recent Insider Transactions Derivative • Apr 07Independent Director notifies of intention to sell stockMitchell Tyson intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of April. If the sale is conducted around the recent share price of US$42.31, it would amount to US$423k. Since June 2025, Mitchell's direct individual holding has decreased from 66.27k shares to 43.20k. Company insiders have collectively sold US$10m more than they bought, via options and on-market transactions in the last 12 months.내러티브 업데이트 • Mar 27PLAB: Completed Buybacks And 2026 Guidance Will Support Richer Earnings MultipleAnalysts have adjusted their price target on Photronics slightly lower, from $48 to $47, citing updated assumptions around revenue growth, profit margins, and a higher future P/E multiple following recent bullish initiation research. Analyst Commentary Bullish Takeaways Bullish analysts see room for valuation support at the updated US$47 target, citing assumptions that leave flexibility if execution on revenue and margin goals tracks in line with their models.Recent Insider Transactions • Mar 25President of PDMC & Director recently sold US$358k worth of stockOn the 19th of March, KangJyh Lee sold around 10k shares on-market at roughly US$35.80 per share. This transaction amounted to 2.4% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$693k. Insiders have been net sellers, collectively disposing of US$9.8m more than they bought in the last 12 months.Valuation Update With 7 Day Price Move • Mar 24Investor sentiment improves as stock rises 23%After last week's 23% share price gain to US$42.52, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 23x in the Semiconductor industry in the US. Total returns to shareholders of 169% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$19.12 per share.Recent Insider Transactions Derivative • Mar 21President of PDMC & Director notifies of intention to sell stockKangJyh Lee intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 19th of March. If the sale is conducted around the recent share price of US$35.80, it would amount to US$358k. Since March 2025, KangJyh's direct individual holding has decreased from 532.10k shares to 360.85k. Company insiders have collectively sold US$10m more than they bought, via options and on-market transactions in the last 12 months.내러티브 업데이트 • Mar 12PLAB: Completed Buybacks And 2026 Guidance Will Support Higher Earnings MultipleAnalysts have lifted their price target on Photronics from $42 to $48, citing adjusted assumptions around fair value, discount rate, revenue growth, profit margin and future P/E as the key drivers of this change. What's in the News Photronics confirmed earnings guidance for the second quarter of fiscal 2026, with expected revenue in a range of US$212 million to US$220 million (Corporate Guidance).New Risk • Feb 26New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings are forecast to decline by an average of 2.8% per year for the foreseeable future. Minor Risk Significant insider selling over the past 3 months (US$6.4m sold).내러티브 업데이트 • Feb 26PLAB: Completed Buybacks And Fiscal 2026 Guidance Will Support Higher Earnings MultipleAnalysts have made modest adjustments to their price target for Photronics to reflect updated assumptions for the discount rate, revenue growth, profit margin, and future P/E. These changes have led to a revised valuation level in dollar terms based on these updated inputs.Reported Earnings • Feb 26First quarter 2026 earnings releasedFirst quarter 2026 results: Net income: (down US$42.9m from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Feb 25Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 92% to US$43.57. The fair value is estimated to be US$34.95, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 3.2%.공시 • Feb 25Photronics, Inc. Provides Earnings Guidance for the Second Quarter Fiscal 2026Photronics, Inc. provided earnings guidance for the Second Quarter Fiscal 2026. For the quarter, the company expects Revenue to be between $212 million and $220 million.공시 • Feb 24Photronics, Inc., Annual General Meeting, Apr 08, 2026Photronics, Inc., Annual General Meeting, Apr 08, 2026. Location: photronics, inc., 15 secor road, building 1, brookfield, ct 06804, United States내러티브 업데이트 • Feb 09PLAB: Completed Buybacks And Q1 Guidance Will Support Higher Earnings MultipleAnalysts have modestly raised their price target on Photronics to US$42.00, reflecting slightly lower estimated discount rates and a small adjustment to the future P/E assumption, while keeping fair value unchanged. What's in the News Photronics reported that from August 4, 2025 to October 31, 2025, it repurchased 0 shares for US$0 under its existing buyback program, according to a buyback tranche update.공시 • Feb 04Photronics, Inc. to Report Q1, 2026 Results on Feb 25, 2026Photronics, Inc. announced that they will report Q1, 2026 results Pre-Market on Feb 25, 2026내러티브 업데이트 • Jan 24PLAB: Completed Buybacks And Solid Q1 Guidance Will Support Higher Earnings MultipleAnalysts have trimmed their price target for Photronics from US$43.50 to US$42.00, reflecting updated assumptions around slightly lower revenue growth, modestly softer profit margins, and a marginally higher future P/E multiple. What's in the News Photronics reported that between August 4, 2025 and October 31, 2025, it repurchased 0 shares for US$0 under its existing buyback program, indicating no additional activity in that tranche (Key Developments).Valuation Update With 7 Day Price Move • Jan 21Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$36.25, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 25x in the Semiconductor industry in the US. Total returns to shareholders of 93% over the past three years.공시 • Jan 13Photronics, Inc. Announces Management Appointments, Effective January 12, 2026Photronics, Inc. announced certain executive officer appointments. Effective January 12, 2026, Eric Rivera was appointed President of Photronics. Mr. Rivera will continue to serve as the Company’s Chief Financial Officer, a position he has held since May 2024, and will remain the Company’s principal financial officer. Mr. Rivera previously served as the Company’s Chief Accounting Officer beginning in 2020 and as Corporate Controller from 2020 to 2024. Effective January 12, 2026, Rui (Elie) Zhang was appointed Chief Accounting Officer. Ms. Zhang will serve as the Company’s principal accounting officer and will continue to serve as Corporate Controller. Ms. Zhang has served as Controller since 2024 and previously served as Assistant Controller. Also effective January 12, 2026, Todd Alesio was appointed Senior Vice President and Chief Administrative Officer. Mr. Alesio joined Photronics in November 2024 and will continue to serve as Head of Global Human Resources.내러티브 업데이트 • Jan 09PLAB: Stable Margins And Guidance Will Support A Higher Future Earnings MultipleAnalysts have kept their price target for Photronics broadly steady around US$43.50, citing only minor adjustments to assumptions for discount rate, revenue growth, profit margin and future P/E, rather than any shift in their overall view of the company. What's in the News Photronics issued earnings guidance for the first quarter of fiscal 2026, with expected revenue in the range of US$217 million to US$225 million (Key Developments).Recent Insider Transactions • Jan 08President of PDMC & Director recently sold US$293k worth of stockOn the 2nd of January, KangJyh Lee sold around 9k shares on-market at roughly US$33.54 per share. This transaction amounted to 1.8% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$895k. Insiders have been net sellers, collectively disposing of US$6.9m more than they bought in the last 12 months.공시 • Jan 08+ 1 more updatePhotronics, Inc. Appoints Jeff Catlin as Senior Vice President, Global SalesPhotronics, Inc. announced the appointment of Jeff Catlin as the company’s Senior Vice President, Global Sales. Mr. Catlin will serve as the head of sales for Photronics, driving a unified strategy that will align all sales teams. Mr. Catlin brings more than two decades of leadership experience in the semiconductor industry, including over 10 years of building and managing global sales organizations that deliver measurable growth. Jeff comes to Photronics having held senior roles spanning SVP of Sales & Marketing, Head of Sales Operations, VP/GM of Patterning Business, and Head of Sales & Business Development, amongst others.Recent Insider Transactions Derivative • Jan 04President of PDMC & Director notifies of intention to sell stockKangJyh Lee intends to sell 9k shares in the next 90 days after lodging an Intent To Sell Form on the 2nd of January. If the sale is conducted around the recent share price of US$33.54, it would amount to US$293k. Since March 2025, KangJyh's direct individual holding has decreased from 532.10k shares to 484.60k. Company insiders have collectively sold US$8.1m more than they bought, via options and on-market transactions in the last 12 months.분석 기사 • Jan 03Photronics, Inc.'s (NASDAQ:PLAB) Shares Bounce 38% But Its Business Still Trails The MarketThe Photronics, Inc. ( NASDAQ:PLAB ) share price has done very well over the last month, posting an excellent gain of...공시 • Jan 03Photronics, Inc. Announces Resignation of Dr. Christopher Progler, Executive Vice President and Chief Technology Officer, Effective December 29, 2025Photronics, Inc. announced that Dr. Christopher Progler, Executive Vice President and Chief Technology Officer, will be stepping away from his current role with the company as part of a planned leadership transition following more than 20 years of service, effective December 29, 2025. Dr. Progler has played a pivotal role in advancing Photronics’ technology strategy and innovation roadmap, contributing to the company’s capabilities across integrated circuit and flat panel display photomask solutions. During his tenure, he was instrumental in driving key technology initiatives that supported Photronics’ competitive position in global markets. As part of the transition, Dr. Progler is considering an advisory engagement with the company to support continuity on strategic priorities and to share his deep industry experience.내러티브 업데이트 • Dec 26PLAB: Stronger Long Term Margins Will Support A Higher Future Earnings MultipleAnalysts have raised their price target on Photronics by approximately $3.00 to $43.50 per share, citing slightly stronger projected revenue growth, modestly higher long term profit margins, and a richer expected future P/E multiple, despite a marginally higher discount rate. What's in the News The company issued earnings guidance for the first quarter of fiscal 2026, projecting revenue between $217 million and $225 million (company guidance filing).Recent Insider Transactions • Dec 24President of PDMC & Director recently sold US$300k worth of stockOn the 22nd of December, KangJyh Lee sold around 9k shares on-market at roughly US$34.31 per share. This transaction amounted to 1.8% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$1.0m. Insiders have been net sellers, collectively disposing of US$8.1m more than they bought in the last 12 months.Recent Insider Transactions Derivative • Dec 22President of PDMC & Director notifies of intention to sell stockKangJyh Lee intends to sell 20k shares in the next 90 days after lodging an Intent To Sell Form on the 15th of December. If the sale is conducted around the recent share price of US$36.45, it would amount to US$729k. Since December 2024, KangJyh's direct individual holding has decreased from 528.35k shares to 493.35k. Company insiders have collectively sold US$9.4m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions • Dec 17Senior VP & GM of FPD Operations recently sold US$522k worth of stockOn the 12th of December, H. Park sold around 14k shares on-market at roughly US$37.99 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$1.0m. Insiders have been net sellers, collectively disposing of US$8.6m more than they bought in the last 12 months.Valuation Update With 7 Day Price Move • Dec 17Investor sentiment improves as stock rises 34%After last week's 34% share price gain to US$34.36, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 25x in the Semiconductor industry in the US. Total returns to shareholders of 102% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$19.25 per share.Recent Insider Transactions Derivative • Dec 14Insider notifies of intention to sell stockChristopher Progler intends to sell 25k shares in the next 90 days after lodging an Intent To Sell Form on the 12th of December. If the sale is conducted around the recent share price of US$35.78, it would amount to US$895k. Since December 2024, Christopher's direct individual holding has decreased from 219.17k shares to 190.59k. Company insiders have collectively sold US$8.9m more than they bought, via options and on-market transactions in the last 12 months.Price Target Changed • Dec 12Price target increased by 32% to US$43.50Up from US$33.00, the current price target is an average from 2 analysts. New target price is 20% above last closing price of US$36.31. Stock is up 37% over the past year. The company is forecast to post earnings per share of US$2.11 for next year compared to US$2.29 last year.Reported Earnings • Dec 11Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: US$2.29 (up from US$2.12 in FY 2024). Revenue: US$849.3m (down 2.0% from FY 2024). Net income: US$136.4m (up 4.4% from FY 2024). Profit margin: 16% (up from 15% in FY 2024). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 36%. Revenue is forecast to grow 5.8% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Semiconductor industry in the US. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.내러티브 업데이트 • Dec 11PLAB: Higher Revenue Outlook Will Offset Modestly Lower Profitability ExpectationsAnalysts have raised their price target on Photronics from approximately 33 dollars to 40.50 dollars, citing stronger expected revenue growth and a higher future earnings multiple that more than offset modestly lower margin assumptions and a slightly higher discount rate. What's in the News Photronics issued new guidance for the first quarter of fiscal 2026, projecting revenue between 217 million dollars and 225 million dollars, based on company guidance.공시 • Dec 11Photronics, Inc. Provides Earnings Guidance for the First Quarter of 2026Photronics, Inc. provided earnings guidance for the first quarter of 2026. For the first quarter of fiscal 2026, Photronics expects Revenue to be between $217 million and $225 million.New Risk • Dec 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Significant insider selling over the past 3 months (US$1.4m sold).Buy Or Sell Opportunity • Dec 11Now 36% overvalued after recent price riseOver the last 90 days, the stock has risen 64% to US$37.35. The fair value is estimated to be US$27.38, however this is not to be taken as a sell recommendation but rather should be used as a guide only.Recent Insider Transactions Derivative • Dec 03Insider notifies of intention to sell stockChristopher Progler intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of December. If the sale is conducted around the recent share price of US$22.65, it would amount to US$227k. Since December 2024, Christopher's direct individual holding has decreased from 219.17k shares to 200.59k. Company insiders have collectively sold US$8.9m more than they bought, via options and on-market transactions in the last 12 months.공시 • Nov 20Photronics, Inc. to Report Q4, 2025 Results on Dec 10, 2025Photronics, Inc. announced that they will report Q4, 2025 results Pre-Market on Dec 10, 2025Recent Insider Transactions • Oct 08Independent Director recently sold US$1.0m worth of stockOn the 2nd of October, Mary Paladino sold around 43k shares on-market at roughly US$24.00 per share. This transaction amounted to 59% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$7.7m more than they bought in the last 12 months.Recent Insider Transactions Derivative • Oct 03Independent Director notifies of intention to sell stockMary Paladino intends to sell 43k shares in the next 90 days after lodging an Intent To Sell Form on the 2nd of October. If the sale is conducted around the recent share price of US$24.00, it would amount to US$1.0m. Since March 2025, Mary has owned 69.00k shares directly. Company insiders have collectively sold US$7.5m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions • Sep 04President of PDMC & Director recently sold US$203k worth of stockOn the 29th of August, KangJyh Lee sold around 9k shares on-market at roughly US$23.20 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$300k. Insiders have been net sellers, collectively disposing of US$6.3m more than they bought in the last 12 months.Recent Insider Transactions Derivative • Aug 31President of PDMC & Director notifies of intention to sell stockKangJyh Lee intends to sell 9k shares in the next 90 days after lodging an Intent To Sell Form on the 29th of August. If the sale is conducted around the recent share price of US$23.20, it would amount to US$203k. Since December 2024, KangJyh's direct individual holding has increased from 528.35k shares to 532.10k. Company insiders have collectively sold US$6.9m more than they bought, via options and on-market transactions in the last 12 months.내러티브 업데이트 • Aug 29US And Asian Upgrades Will Reshape Semiconductor Markets Amid UncertaintyThe upward revision in Photronics’ price target primarily reflects stronger expected revenue growth and a significant decrease in the forward P/E multiple, resulting in the consensus fair value rising from $31.00 to $33.00. What's in the News Increased equity buyback authorization by $25 million to a total of $193.64 million.Reported Earnings • Aug 27Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: US$0.40 (down from US$0.56 in 3Q 2024). Revenue: US$210.4m (flat on 3Q 2024). Net income: US$22.9m (down 33% from 3Q 2024). Profit margin: 11% (down from 16% in 3Q 2024). Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 1.3%. Revenue is forecast to grow 3.4% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Semiconductor industry in the US. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.공시 • Aug 27Photronics, Inc. Provides Earnings Guidance for the Fourth Quarter of Fiscal 2025Photronics, Inc. provided earnings guidance for the fourth quarter of fiscal 2025. For the quarter, Photronics expects Revenue to be between $201 million and $209 million.공시 • Aug 14Photronics, Inc. to Report Q3, 2025 Results on Aug 27, 2025Photronics, Inc. announced that they will report Q3, 2025 results Pre-Market on Aug 27, 2025Recent Insider Transactions Derivative • Jul 29Insider notifies of intention to sell stockChristopher Progler intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 28th of July. If the sale is conducted around the recent share price of US$21.07, it would amount to US$211k. Since December 2024, Christopher's direct individual holding has increased from 219.17k shares to 220.59k. Company insiders have collectively sold US$6.9m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions • Jul 13Independent Director recently sold US$300k worth of stockOn the 10th of July, Mitchell Tyson sold around 15k shares on-market at roughly US$19.97 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$6.1m more than they bought in the last 12 months.Recent Insider Transactions Derivative • Jul 05Director notifies of intention to sell stockConstantine Macricostas intends to sell 30k shares in the next 90 days after lodging an Intent To Sell Form on the 2nd of July. If the sale is conducted around the recent share price of US$20.34, it would amount to US$600k. Since March 2025, Constantine has owned 481.58k shares directly. Company insiders have collectively sold US$6.6m more than they bought, via options and on-market transactions in the last 12 months.공시 • Jun 30+ 6 more updatesPhotronics, Inc.(NasdaqGS:PLAB) dropped from Russell Small Cap Comp Growth IndexPhotronics, Inc.(NasdaqGS:PLAB) dropped from Russell Small Cap Comp Growth IndexRecent Insider Transactions Derivative • Jun 20Director notifies of intention to sell stockKangJyh Lee intends to sell 28k shares in the next 90 days after lodging an Intent To Sell Form on the 18th of June. If the sale is conducted around the recent share price of US$18.40, it would amount to US$517k. Since December 2024, KangJyh's direct individual holding has increased from 528.35k shares to 532.10k. Company insiders have collectively sold US$6.5m more than they bought, via options and on-market transactions in the last 12 months.분석 기사 • Jun 16Photronics (NASDAQ:PLAB) Is Looking To Continue Growing Its Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...Buy Or Sell Opportunity • Jun 13Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to US$18.37. The fair value is estimated to be US$22.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.3% over the last 3 years. Earnings per share has grown by 10%. Revenue is forecast to grow by 0.2% in a year. Earnings are forecast to decline by 9.3% in the next year.Major Estimate Revision • Jun 04Consensus EPS estimates fall by 23%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$874.1m to US$838.1m. EPS estimate also fell from US$2.16 per share to US$1.67 per share. Net income forecast to shrink 7.4% next year vs 17% growth forecast for Semiconductor industry in the US . Consensus price target down from US$35.00 to US$30.00. Share price rose 6.4% to US$18.02 over the past week.Board Change • Jun 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. Director David Garcia was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • May 29Second quarter 2025 earnings: EPS misses analyst expectationsSecond quarter 2025 results: EPS: US$0.15 (down from US$0.59 in 2Q 2024). Revenue: US$211.0m (down 2.8% from 2Q 2024). Net income: US$8.86m (down 76% from 2Q 2024). Profit margin: 4.2% (down from 17% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 69%. Revenue is forecast to grow 3.9% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Semiconductor industry in the US. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • May 28Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to US$16.94, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 21x in the Semiconductor industry in the US. Total loss to shareholders of 22% over the past three years.공시 • May 28+ 1 more updatePhotronics, Inc. Announces CEO TransitionPhotronics, Inc. announced that Dr. Frank Lee has informed Photronics of his plans to retire in the next year or two. In order to prepare for this transition, effective immediately, Dr. Lee has stepped down from his role as CEO of Photronics, but will continue to focus on the company’s Asia operations and will remain Chairman and President of Photronics’ PDMC subsidiary in Taiwan, while also remaining on the Photronics Board of Directors. Mr. George Macricostas will immediately assume the role of Chief Executive Officer of Photronics, Inc. while remaining Chairman of the Board.공시 • May 14Photronics, Inc. to Report Q2, 2025 Results on May 28, 2025Photronics, Inc. announced that they will report Q2, 2025 results Pre-Market on May 28, 2025Seeking Alpha • Apr 22Photronics: Valuation Increasingly Attractive Despite Delayed Recovery Amidst Tariff ChaosSummary Down -25% YTD, PLAB is currently testing the $18 resistance level amidst global tariff and geopolitical uncertainties. The direct impact of tariffs should be very limited for Photronics, and tariffs could even create a competitive edge for the company in the US market. However, tariffs may slow down consumer electronics demand and industry investments in next-gen designs, likely reducing photomask demand near-term. Although we may not have seen the bottom, I reiterate my "Buy" rating for long-term oriented investors with an updated fair value of $28 (down from $36, reflecting delayed recovery). While I opened a position in the low $20s as my puts finally got assigned, I am preparing to buy more if and as the stock falls further. Read the full article on Seeking AlphaRecent Insider Transactions • Apr 20Independent Director recently sold US$224k worth of stockOn the 17th of April, Walter Fiederowicz sold around 13k shares on-market at roughly US$17.84 per share. This trade did not impact their existing holding. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$5.4m more than they bought in the last 12 months.Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to US$17.51, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 17x in the Semiconductor industry in the US. Total returns to shareholders of 21% over the past three years.공시 • Apr 04Photronics, Inc. Appoints Adam Lewis as Lead Independent DirectorOn April 2, 2025, the independent members of Photronics, Inc.’s Board of Directors elected Adam Lewis to serve as Lead Independent Director, effective immediately.Recent Insider Transactions • Mar 28Lead Independent Director recently sold US$216k worth of stockOn the 25th of March, Walter Fiederowicz sold around 10k shares on-market at roughly US$21.63 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$458k. Insiders have been net sellers, collectively disposing of US$5.0m more than they bought in the last 12 months.Recent Insider Transactions Derivative • Mar 20CEO & Director notifies of intention to sell stockKangJyh Lee intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 19th of March. If the sale is conducted around the recent share price of US$21.60, it would amount to US$216k. For the year to October 2018, KangJyh's total compensation was 15% salary and 85% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, KangJyh's direct individual holding has increased from 528.35k shares to 552.10k. Company insiders have collectively sold US$5.4m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions • Mar 09CEO & Director recently sold US$209k worth of stockOn the 5th of March, KangJyh Lee sold around 10k shares on-market at roughly US$20.90 per share. This transaction amounted to 1.8% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$505k. KangJyh has been a net seller over the last 12 months, reducing personal holdings by US$2.5m.Recent Insider Transactions Derivative • Mar 06CEO & Director notifies of intention to sell stockKangJyh Lee intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 5th of March. If the sale is conducted around the recent share price of US$20.90, it would amount to US$209k. For the year to October 2018, KangJyh's total compensation was 15% salary and 85% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, KangJyh's direct individual holding has decreased from 528.35k shares to 479.10k. Company insiders have collectively sold US$5.2m more than they bought, via options and on-market transactions in the last 12 months.Seeking Alpha • Mar 04Lack Of Dividend Concerning For A Cash-Rich Value Company Like PhotronicsSummary Photronics is near its 52-week low despite solid financials, making it a potential contrarian pick with strong cash reserves and low valuation ratios. The company specializes in photomasks for semiconductor and flat-panel display manufacturers, operating in a stable but unexciting sector. Photronics is betting on AI-driven demand for new product designs, but faces risks from trade tariffs and increased competition in China. Despite a strong financial position, the lack of dividends makes Photronics a hold rather than a buy, as it doesn't return profits to investors. Read the full article on Seeking AlphaNew Risk • Feb 26New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.5% per year for the foreseeable future. Minor Risk Significant insider selling over the past 3 months (US$4.5m sold).공시 • Feb 26Photronics, Inc. Provides Earnings Guidance for the Second Quarter of Fiscal Year 2025Photronics, Inc. provided earnings guidance for the second quarter of fiscal year 2025. For the period, the company expected revenue to be between $208 million and $216 million.분석 기사 • Feb 26Photronics, Inc.'s (NASDAQ:PLAB) Low P/E No Reason For ExcitementWhen close to half the companies in the United States have price-to-earnings ratios (or "P/E's") above 19x, you may...공시 • Feb 17Photronics, Inc., Annual General Meeting, Apr 02, 2025Photronics, Inc., Annual General Meeting, Apr 02, 2025.공시 • Feb 12Photronics, Inc. to Report Q1, 2025 Results on Feb 26, 2025Photronics, Inc. announced that they will report Q1, 2025 results Pre-Market on Feb 26, 2025Recent Insider Transactions • Jan 22CEO & Director recently sold US$458k worth of stockOn the 17th of January, KangJyh Lee sold around 19k shares on-market at roughly US$24.44 per share. This transaction amounted to 3.2% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$505k. KangJyh has been a net seller over the last 12 months, reducing personal holdings by US$2.3m.분석 기사 • Jan 19Photronics (NASDAQ:PLAB) Shareholders Will Want The ROCE Trajectory To ContinueIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Recent Insider Transactions Derivative • Jan 17CEO & Director notifies of intention to sell stockKangJyh Lee intends to sell 9k shares in the next 90 days after lodging an Intent To Sell Form on the 16th of January. If the sale is conducted around the recent share price of US$24.40, it would amount to US$214k. For the year to October 2018, KangJyh's total compensation was 18% salary and 82% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, KangJyh's direct individual holding has increased from 544.60k shares to 580.85k. Company insiders have collectively sold US$4.7m more than they bought, via options and on-market transactions in the last 12 months.공시 • Jan 11Photronics, Inc. Announces the Appointment of George Macricostas as Executive ChairmanPhotronics, Inc. announced the appointment of George Macricostas to the position of Executive Chairman, effective January 6, 2025. Mr. Macricostas has over 30 years of technical and management experience in business operations and information technology. He has been a member of the Photronics Board of Directors since 2002, serving on the Nomination and Cybersecurity committees, and most recently as Chairman of the Compensation Committee. With his transition to the Executive Chairman role, Mr. Macricostas will be succeeded in his committee assignments by Mr. David Garcia, who became a member of the Board of Directors in December 2024. As a result of the appointment, both George Macricostas and Constantine (“Deno”) Macricostas will no longer be considered independent directors, resulting in a Board of Directors of nine, six of whom are independent. Mr. Macricostas was a Founder, Chairman, and CEO of RagingWire Data Centers, Inc., a provider of mission critical data center colocation facilities, which is where the “Cloud” lives. He guided the company through a two-stage sale to NTT of Japan in 2014 and 2018. Previously, he was a senior vice president at Photronics, where he was responsible for all aspects of the company’s IT infrastructure.Recent Insider Transactions • Jan 07CEO & Director recently sold US$422k worth of stockOn the 2nd of January, KangJyh Lee sold around 18k shares on-market at roughly US$24.10 per share. This transaction amounted to 2.9% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$505k. KangJyh has been a net seller over the last 12 months, reducing personal holdings by US$1.6m.Recent Insider Transactions Derivative • Jan 03CEO & Director notifies of intention to sell stockKangJyh Lee intends to sell 18k shares in the next 90 days after lodging an Intent To Sell Form on the 2nd of January. If the sale is conducted around the recent share price of US$24.10, it would amount to US$422k. For the year to October 2018, KangJyh's total compensation was 18% salary and 82% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, KangJyh's direct individual holding has decreased from 544.60k shares to 528.35k. Company insiders have collectively sold US$3.2m more than they bought, via options and on-market transactions in the last 12 months.Seeking Alpha • Dec 26Photronics: A Hidden AI Growth GemSummary Photronics reported $223M in Q4-FY24 sales, surpassing guidance, with 5% IC and 7% FPD growth. The stock offers a 40% upside based on normalized PE and a 47% price-to-sales discount. Planned $200M 2025 CapEx focuses on U.S. capacity expansion and advanced technology node capabilities. High-end IC sales rose 21% QoQ, reflecting demand for AI chips and advanced photomask technology. Photronics increased cash to $641M, reduced debt by 27%, and announced a $100M stock repurchase plan. Read the full article on Seeking AlphaRecent Insider Transactions • Dec 22CEO & Director recently sold US$505k worth of stockOn the 19th of December, KangJyh Lee sold around 20k shares on-market at roughly US$25.27 per share. This transaction amounted to 3.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was KangJyh's only on-market trade for the last 12 months.Recent Insider Transactions Derivative • Dec 20Insider notifies of intention to sell stockChristopher Progler intends to sell 63k shares in the next 90 days after lodging an Intent To Sell Form on the 19th of December. If the sale is conducted around the recent share price of US$24.85, it would amount to US$1.6m. Since March 2024, Christopher has owned 223.17k shares directly. There have been no trades via on-market transactions or options from company insiders in the last 12 months.공시 • Dec 19Photronics, Inc. Announces Appointment of David Garcia to Board of DirectorsPhotronics, Inc. announced the appointment of David Garcia to the company’s Board of Directors on December 12, 2024. This election expands Board membership to nine members, seven of whom are independent. Mr. Garcia is currently a strategic advisor and previously spent approximately 30 years practicing law, most recently at Holland & Hart after starting his career at Wilson Sonsini Goodrich & Rosati and Venture Law Group. His extensive experience spans mergers & acquisitions, venture capital financing transactions and securities offerings. He has counseled both publicly and privately held companies in their corporate and governance affairs and has additional experience in structuring corporate partnering transactions and technology development, distribution and licensing arrangements. Mr. Garcia received an A.B. in Sociology with a concentration in organizational behavior from Stanford University in 1989, and a J.D., cum laude, from Harvard Law School in 1992.이익 및 매출 성장 예측NasdaqGS:PLAB - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수10/31/2027928138N/AN/A210/31/2026884137N/AN/A22/1/202686213666267N/A10/31/202584913660248N/A8/3/202585610864228N/A5/4/202585712090253N/A2/2/2025863147175298N/A10/31/2024867131130261N/A7/28/2024872141159300N/A4/28/2024885134173310N/A1/28/2024897138172316N/A10/31/2023892125171302N/A7/30/2023875118130275N/A4/30/2023871122146282N/A1/29/2023846110119244N/A10/31/2022825119163275N/A7/31/2022796102170234N/A5/1/202274687125196N/A1/30/20227027073184N/A10/31/20216645542151N/A8/1/20216324251178N/A5/2/20216193626140N/A1/31/20216023264139N/A10/31/20206103472143N/A8/2/20206173768123N/A5/3/20205973364132N/A2/2/20205863533118N/A10/31/201955130N/A68N/A7/28/201953933N/A67N/A4/28/201953739N/A90N/A1/27/201953741N/A80N/A10/31/201853542N/A131N/A7/29/201851235N/A110N/A4/29/201848726N/A88N/A1/28/201846417N/A96N/A10/29/201745113N/A97N/A7/30/201743713N/A105N/A4/30/201744917N/A104N/A1/29/201746327N/A110N/A10/30/201648346N/A122N/A7/31/201651860N/A133N/A5/1/201652664N/A140N/A1/31/201653162N/A154N/A11/1/201552445N/A133N/A8/2/201550730N/A126N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: PLAB 의 연간 예상 수익 증가율(0.5%)이 saving rate(3.5%) 미만입니다.수익 vs 시장: PLAB 의 연간 수익(0.5%)이 US 시장(16.8%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: PLAB 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: PLAB 의 수익(연간 4.3%)이 US 시장(연간 11.7%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: PLAB 의 수익(연간 4.3%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: PLAB의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YSemiconductors 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/25 11:40종가2026/05/22 00:00수익2026/02/01연간 수익2025/10/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Photronics, Inc.는 8명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Krish SankarBofA Global ResearchChristian SchwabCraig-Hallum Capital Group LLCMaxwell MichaelisLake Street Capital Markets, LLC5명의 분석가 더 보기
공시 • Feb 25Photronics, Inc. Provides Earnings Guidance for the Second Quarter Fiscal 2026Photronics, Inc. provided earnings guidance for the Second Quarter Fiscal 2026. For the quarter, the company expects Revenue to be between $212 million and $220 million.
Price Target Changed • Dec 12Price target increased by 32% to US$43.50Up from US$33.00, the current price target is an average from 2 analysts. New target price is 20% above last closing price of US$36.31. Stock is up 37% over the past year. The company is forecast to post earnings per share of US$2.11 for next year compared to US$2.29 last year.
공시 • Dec 11Photronics, Inc. Provides Earnings Guidance for the First Quarter of 2026Photronics, Inc. provided earnings guidance for the first quarter of 2026. For the first quarter of fiscal 2026, Photronics expects Revenue to be between $217 million and $225 million.
공시 • Aug 27Photronics, Inc. Provides Earnings Guidance for the Fourth Quarter of Fiscal 2025Photronics, Inc. provided earnings guidance for the fourth quarter of fiscal 2025. For the quarter, Photronics expects Revenue to be between $201 million and $209 million.
Major Estimate Revision • Jun 04Consensus EPS estimates fall by 23%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$874.1m to US$838.1m. EPS estimate also fell from US$2.16 per share to US$1.67 per share. Net income forecast to shrink 7.4% next year vs 17% growth forecast for Semiconductor industry in the US . Consensus price target down from US$35.00 to US$30.00. Share price rose 6.4% to US$18.02 over the past week.
공시 • Feb 26Photronics, Inc. Provides Earnings Guidance for the Second Quarter of Fiscal Year 2025Photronics, Inc. provided earnings guidance for the second quarter of fiscal year 2025. For the period, the company expected revenue to be between $208 million and $216 million.
Seeking Alpha • May 19Photronics Q2 Earnings Preview: I Need To See High-End ICs Making A Larger ImpactSummary Photronics remains a hold as current valuation appears stretched, with limited near-term growth despite AI-related tailwinds. Q2 guidance aligns with consensus: $216M revenue and $0.53 EPS, with a slight beat possible but not expected to be dramatic. Capacity expansion ($330M capex) targets high-end ICs, but margin improvement and top-line acceleration remain uncertain. I maintain a hold rating, awaiting clearer signs of sustainable earnings growth and margin recovery before considering a more bullish stance. Read the full article on Seeking Alpha
공시 • May 16Photronics, Inc. Appoints Christopher Dayton as Senior Vice President, Finance, Effective May 11, 2026Photronics, Inc. announced the appointment of Christopher Dayton as Senior Vice President, Finance, effective May 11, 2026. Mr. Dayton will be based at the company’s corporate headquarters in Brookfield, Connecticut and report directly to Photronics’ President & Chief Financial Officer, Eric Rivera. In this role, Mr. Dayton will support execution of Photronics’ financial plan, ensure financial governance, and enable long-term growth initiatives across the company’s global manufacturing operations. He will provide operational leadership across key areas of the finance organization, including financial planning and analysis, treasury, tax, and enterprise financial processes, while supporting the continued execution of Photronics’ global financial strategy and operational objectives. Mr. Dayton brings more than 25 years of financial leadership experience in global manufacturing organizations. Most recently, he served in senior finance leadership roles at BIC Corporation, a multibillion consumer goods company with manufacturing and distribution operations across six continents, including Interim Chief Financial Officer and Vice President, Global Financial Planning and Analysis. In that role, he led a global finance team spanning financial planning and analysis, treasury, tax, investor relations, internal audit, and enterprise risk management. Prior to BIC, Mr. Dayton spent more than 15 years at Campbell Soup Company, most recently as Vice President, Finance for the Pepperidge Farm division. Mr. Dayton earned a Master of Business Administration from New York University’s Stern School of Business and a Bachelor of Science in Chemical Engineering from the University of Virginia.
내러티브 업데이트 • May 14PLAB: Higher P/E Expectations And Display Investments Will Support Steady OutlookAnalysts have lifted the Photronics price target from $47.00 to $51.50, citing fresh research that maintains similar growth and margin assumptions while applying a higher future P/E multiple supported by recent bullish coverage. Analyst Commentary Recent research takes a constructive stance on Photronics, with bullish analysts lifting their price objectives after revisiting their P/E assumptions and reaffirming existing growth and margin frameworks.
공시 • May 13Photronics, Inc. to Report Q2, 2026 Results on May 28, 2026Photronics, Inc. announced that they will report Q2, 2026 results Pre-Market on May 28, 2026
내러티브 업데이트 • Apr 24PLAB: Bullish Initiation And Advanced Display Capacity Will Support Steady OutlookAnalysts kept their fair value estimate for Photronics steady at $47.00, with a new bullish initiation highlighting confidence in the company's long term earnings profile and supporting assumptions such as a roughly 10.47% discount rate and a future P/E of about 25x. Analyst Commentary Analysts framing the new bullish initiation on Photronics are leaning on the existing fair value estimate of US$47.00, the assumed 10.47% discount rate, and a projected P/E of about 25x to shape their views on both upside potential and execution risks.
Recent Insider Transactions • Apr 15Senior VP & COO of IC Operations recently sold US$525k worth of stockOn the 9th of April, David Wang sold around 12k shares on-market at roughly US$44.25 per share. This transaction amounted to 8.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$11m more than they bought in the last 12 months.
내러티브 업데이트 • Apr 10PLAB: Bullish Research And New Mask Writer Support Steady Fair Value OutlookAnalysts now hold their price target for Photronics at $47.00. This level is supported by recent bullish research that highlights the company’s position in its market and updated assumptions around discount rate, revenue growth, profit margin and future P/E.
Recent Insider Transactions Derivative • Apr 07Independent Director notifies of intention to sell stockMitchell Tyson intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of April. If the sale is conducted around the recent share price of US$42.31, it would amount to US$423k. Since June 2025, Mitchell's direct individual holding has decreased from 66.27k shares to 43.20k. Company insiders have collectively sold US$10m more than they bought, via options and on-market transactions in the last 12 months.
내러티브 업데이트 • Mar 27PLAB: Completed Buybacks And 2026 Guidance Will Support Richer Earnings MultipleAnalysts have adjusted their price target on Photronics slightly lower, from $48 to $47, citing updated assumptions around revenue growth, profit margins, and a higher future P/E multiple following recent bullish initiation research. Analyst Commentary Bullish Takeaways Bullish analysts see room for valuation support at the updated US$47 target, citing assumptions that leave flexibility if execution on revenue and margin goals tracks in line with their models.
Recent Insider Transactions • Mar 25President of PDMC & Director recently sold US$358k worth of stockOn the 19th of March, KangJyh Lee sold around 10k shares on-market at roughly US$35.80 per share. This transaction amounted to 2.4% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$693k. Insiders have been net sellers, collectively disposing of US$9.8m more than they bought in the last 12 months.
Valuation Update With 7 Day Price Move • Mar 24Investor sentiment improves as stock rises 23%After last week's 23% share price gain to US$42.52, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 23x in the Semiconductor industry in the US. Total returns to shareholders of 169% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$19.12 per share.
Recent Insider Transactions Derivative • Mar 21President of PDMC & Director notifies of intention to sell stockKangJyh Lee intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 19th of March. If the sale is conducted around the recent share price of US$35.80, it would amount to US$358k. Since March 2025, KangJyh's direct individual holding has decreased from 532.10k shares to 360.85k. Company insiders have collectively sold US$10m more than they bought, via options and on-market transactions in the last 12 months.
내러티브 업데이트 • Mar 12PLAB: Completed Buybacks And 2026 Guidance Will Support Higher Earnings MultipleAnalysts have lifted their price target on Photronics from $42 to $48, citing adjusted assumptions around fair value, discount rate, revenue growth, profit margin and future P/E as the key drivers of this change. What's in the News Photronics confirmed earnings guidance for the second quarter of fiscal 2026, with expected revenue in a range of US$212 million to US$220 million (Corporate Guidance).
New Risk • Feb 26New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings are forecast to decline by an average of 2.8% per year for the foreseeable future. Minor Risk Significant insider selling over the past 3 months (US$6.4m sold).
내러티브 업데이트 • Feb 26PLAB: Completed Buybacks And Fiscal 2026 Guidance Will Support Higher Earnings MultipleAnalysts have made modest adjustments to their price target for Photronics to reflect updated assumptions for the discount rate, revenue growth, profit margin, and future P/E. These changes have led to a revised valuation level in dollar terms based on these updated inputs.
Reported Earnings • Feb 26First quarter 2026 earnings releasedFirst quarter 2026 results: Net income: (down US$42.9m from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Feb 25Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 92% to US$43.57. The fair value is estimated to be US$34.95, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 3.2%.
공시 • Feb 25Photronics, Inc. Provides Earnings Guidance for the Second Quarter Fiscal 2026Photronics, Inc. provided earnings guidance for the Second Quarter Fiscal 2026. For the quarter, the company expects Revenue to be between $212 million and $220 million.
공시 • Feb 24Photronics, Inc., Annual General Meeting, Apr 08, 2026Photronics, Inc., Annual General Meeting, Apr 08, 2026. Location: photronics, inc., 15 secor road, building 1, brookfield, ct 06804, United States
내러티브 업데이트 • Feb 09PLAB: Completed Buybacks And Q1 Guidance Will Support Higher Earnings MultipleAnalysts have modestly raised their price target on Photronics to US$42.00, reflecting slightly lower estimated discount rates and a small adjustment to the future P/E assumption, while keeping fair value unchanged. What's in the News Photronics reported that from August 4, 2025 to October 31, 2025, it repurchased 0 shares for US$0 under its existing buyback program, according to a buyback tranche update.
공시 • Feb 04Photronics, Inc. to Report Q1, 2026 Results on Feb 25, 2026Photronics, Inc. announced that they will report Q1, 2026 results Pre-Market on Feb 25, 2026
내러티브 업데이트 • Jan 24PLAB: Completed Buybacks And Solid Q1 Guidance Will Support Higher Earnings MultipleAnalysts have trimmed their price target for Photronics from US$43.50 to US$42.00, reflecting updated assumptions around slightly lower revenue growth, modestly softer profit margins, and a marginally higher future P/E multiple. What's in the News Photronics reported that between August 4, 2025 and October 31, 2025, it repurchased 0 shares for US$0 under its existing buyback program, indicating no additional activity in that tranche (Key Developments).
Valuation Update With 7 Day Price Move • Jan 21Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$36.25, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 25x in the Semiconductor industry in the US. Total returns to shareholders of 93% over the past three years.
공시 • Jan 13Photronics, Inc. Announces Management Appointments, Effective January 12, 2026Photronics, Inc. announced certain executive officer appointments. Effective January 12, 2026, Eric Rivera was appointed President of Photronics. Mr. Rivera will continue to serve as the Company’s Chief Financial Officer, a position he has held since May 2024, and will remain the Company’s principal financial officer. Mr. Rivera previously served as the Company’s Chief Accounting Officer beginning in 2020 and as Corporate Controller from 2020 to 2024. Effective January 12, 2026, Rui (Elie) Zhang was appointed Chief Accounting Officer. Ms. Zhang will serve as the Company’s principal accounting officer and will continue to serve as Corporate Controller. Ms. Zhang has served as Controller since 2024 and previously served as Assistant Controller. Also effective January 12, 2026, Todd Alesio was appointed Senior Vice President and Chief Administrative Officer. Mr. Alesio joined Photronics in November 2024 and will continue to serve as Head of Global Human Resources.
내러티브 업데이트 • Jan 09PLAB: Stable Margins And Guidance Will Support A Higher Future Earnings MultipleAnalysts have kept their price target for Photronics broadly steady around US$43.50, citing only minor adjustments to assumptions for discount rate, revenue growth, profit margin and future P/E, rather than any shift in their overall view of the company. What's in the News Photronics issued earnings guidance for the first quarter of fiscal 2026, with expected revenue in the range of US$217 million to US$225 million (Key Developments).
Recent Insider Transactions • Jan 08President of PDMC & Director recently sold US$293k worth of stockOn the 2nd of January, KangJyh Lee sold around 9k shares on-market at roughly US$33.54 per share. This transaction amounted to 1.8% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$895k. Insiders have been net sellers, collectively disposing of US$6.9m more than they bought in the last 12 months.
공시 • Jan 08+ 1 more updatePhotronics, Inc. Appoints Jeff Catlin as Senior Vice President, Global SalesPhotronics, Inc. announced the appointment of Jeff Catlin as the company’s Senior Vice President, Global Sales. Mr. Catlin will serve as the head of sales for Photronics, driving a unified strategy that will align all sales teams. Mr. Catlin brings more than two decades of leadership experience in the semiconductor industry, including over 10 years of building and managing global sales organizations that deliver measurable growth. Jeff comes to Photronics having held senior roles spanning SVP of Sales & Marketing, Head of Sales Operations, VP/GM of Patterning Business, and Head of Sales & Business Development, amongst others.
Recent Insider Transactions Derivative • Jan 04President of PDMC & Director notifies of intention to sell stockKangJyh Lee intends to sell 9k shares in the next 90 days after lodging an Intent To Sell Form on the 2nd of January. If the sale is conducted around the recent share price of US$33.54, it would amount to US$293k. Since March 2025, KangJyh's direct individual holding has decreased from 532.10k shares to 484.60k. Company insiders have collectively sold US$8.1m more than they bought, via options and on-market transactions in the last 12 months.
분석 기사 • Jan 03Photronics, Inc.'s (NASDAQ:PLAB) Shares Bounce 38% But Its Business Still Trails The MarketThe Photronics, Inc. ( NASDAQ:PLAB ) share price has done very well over the last month, posting an excellent gain of...
공시 • Jan 03Photronics, Inc. Announces Resignation of Dr. Christopher Progler, Executive Vice President and Chief Technology Officer, Effective December 29, 2025Photronics, Inc. announced that Dr. Christopher Progler, Executive Vice President and Chief Technology Officer, will be stepping away from his current role with the company as part of a planned leadership transition following more than 20 years of service, effective December 29, 2025. Dr. Progler has played a pivotal role in advancing Photronics’ technology strategy and innovation roadmap, contributing to the company’s capabilities across integrated circuit and flat panel display photomask solutions. During his tenure, he was instrumental in driving key technology initiatives that supported Photronics’ competitive position in global markets. As part of the transition, Dr. Progler is considering an advisory engagement with the company to support continuity on strategic priorities and to share his deep industry experience.
내러티브 업데이트 • Dec 26PLAB: Stronger Long Term Margins Will Support A Higher Future Earnings MultipleAnalysts have raised their price target on Photronics by approximately $3.00 to $43.50 per share, citing slightly stronger projected revenue growth, modestly higher long term profit margins, and a richer expected future P/E multiple, despite a marginally higher discount rate. What's in the News The company issued earnings guidance for the first quarter of fiscal 2026, projecting revenue between $217 million and $225 million (company guidance filing).
Recent Insider Transactions • Dec 24President of PDMC & Director recently sold US$300k worth of stockOn the 22nd of December, KangJyh Lee sold around 9k shares on-market at roughly US$34.31 per share. This transaction amounted to 1.8% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$1.0m. Insiders have been net sellers, collectively disposing of US$8.1m more than they bought in the last 12 months.
Recent Insider Transactions Derivative • Dec 22President of PDMC & Director notifies of intention to sell stockKangJyh Lee intends to sell 20k shares in the next 90 days after lodging an Intent To Sell Form on the 15th of December. If the sale is conducted around the recent share price of US$36.45, it would amount to US$729k. Since December 2024, KangJyh's direct individual holding has decreased from 528.35k shares to 493.35k. Company insiders have collectively sold US$9.4m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions • Dec 17Senior VP & GM of FPD Operations recently sold US$522k worth of stockOn the 12th of December, H. Park sold around 14k shares on-market at roughly US$37.99 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$1.0m. Insiders have been net sellers, collectively disposing of US$8.6m more than they bought in the last 12 months.
Valuation Update With 7 Day Price Move • Dec 17Investor sentiment improves as stock rises 34%After last week's 34% share price gain to US$34.36, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 25x in the Semiconductor industry in the US. Total returns to shareholders of 102% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$19.25 per share.
Recent Insider Transactions Derivative • Dec 14Insider notifies of intention to sell stockChristopher Progler intends to sell 25k shares in the next 90 days after lodging an Intent To Sell Form on the 12th of December. If the sale is conducted around the recent share price of US$35.78, it would amount to US$895k. Since December 2024, Christopher's direct individual holding has decreased from 219.17k shares to 190.59k. Company insiders have collectively sold US$8.9m more than they bought, via options and on-market transactions in the last 12 months.
Price Target Changed • Dec 12Price target increased by 32% to US$43.50Up from US$33.00, the current price target is an average from 2 analysts. New target price is 20% above last closing price of US$36.31. Stock is up 37% over the past year. The company is forecast to post earnings per share of US$2.11 for next year compared to US$2.29 last year.
Reported Earnings • Dec 11Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: US$2.29 (up from US$2.12 in FY 2024). Revenue: US$849.3m (down 2.0% from FY 2024). Net income: US$136.4m (up 4.4% from FY 2024). Profit margin: 16% (up from 15% in FY 2024). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 36%. Revenue is forecast to grow 5.8% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Semiconductor industry in the US. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
내러티브 업데이트 • Dec 11PLAB: Higher Revenue Outlook Will Offset Modestly Lower Profitability ExpectationsAnalysts have raised their price target on Photronics from approximately 33 dollars to 40.50 dollars, citing stronger expected revenue growth and a higher future earnings multiple that more than offset modestly lower margin assumptions and a slightly higher discount rate. What's in the News Photronics issued new guidance for the first quarter of fiscal 2026, projecting revenue between 217 million dollars and 225 million dollars, based on company guidance.
공시 • Dec 11Photronics, Inc. Provides Earnings Guidance for the First Quarter of 2026Photronics, Inc. provided earnings guidance for the first quarter of 2026. For the first quarter of fiscal 2026, Photronics expects Revenue to be between $217 million and $225 million.
New Risk • Dec 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Significant insider selling over the past 3 months (US$1.4m sold).
Buy Or Sell Opportunity • Dec 11Now 36% overvalued after recent price riseOver the last 90 days, the stock has risen 64% to US$37.35. The fair value is estimated to be US$27.38, however this is not to be taken as a sell recommendation but rather should be used as a guide only.
Recent Insider Transactions Derivative • Dec 03Insider notifies of intention to sell stockChristopher Progler intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of December. If the sale is conducted around the recent share price of US$22.65, it would amount to US$227k. Since December 2024, Christopher's direct individual holding has decreased from 219.17k shares to 200.59k. Company insiders have collectively sold US$8.9m more than they bought, via options and on-market transactions in the last 12 months.
공시 • Nov 20Photronics, Inc. to Report Q4, 2025 Results on Dec 10, 2025Photronics, Inc. announced that they will report Q4, 2025 results Pre-Market on Dec 10, 2025
Recent Insider Transactions • Oct 08Independent Director recently sold US$1.0m worth of stockOn the 2nd of October, Mary Paladino sold around 43k shares on-market at roughly US$24.00 per share. This transaction amounted to 59% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$7.7m more than they bought in the last 12 months.
Recent Insider Transactions Derivative • Oct 03Independent Director notifies of intention to sell stockMary Paladino intends to sell 43k shares in the next 90 days after lodging an Intent To Sell Form on the 2nd of October. If the sale is conducted around the recent share price of US$24.00, it would amount to US$1.0m. Since March 2025, Mary has owned 69.00k shares directly. Company insiders have collectively sold US$7.5m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions • Sep 04President of PDMC & Director recently sold US$203k worth of stockOn the 29th of August, KangJyh Lee sold around 9k shares on-market at roughly US$23.20 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$300k. Insiders have been net sellers, collectively disposing of US$6.3m more than they bought in the last 12 months.
Recent Insider Transactions Derivative • Aug 31President of PDMC & Director notifies of intention to sell stockKangJyh Lee intends to sell 9k shares in the next 90 days after lodging an Intent To Sell Form on the 29th of August. If the sale is conducted around the recent share price of US$23.20, it would amount to US$203k. Since December 2024, KangJyh's direct individual holding has increased from 528.35k shares to 532.10k. Company insiders have collectively sold US$6.9m more than they bought, via options and on-market transactions in the last 12 months.
내러티브 업데이트 • Aug 29US And Asian Upgrades Will Reshape Semiconductor Markets Amid UncertaintyThe upward revision in Photronics’ price target primarily reflects stronger expected revenue growth and a significant decrease in the forward P/E multiple, resulting in the consensus fair value rising from $31.00 to $33.00. What's in the News Increased equity buyback authorization by $25 million to a total of $193.64 million.
Reported Earnings • Aug 27Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: US$0.40 (down from US$0.56 in 3Q 2024). Revenue: US$210.4m (flat on 3Q 2024). Net income: US$22.9m (down 33% from 3Q 2024). Profit margin: 11% (down from 16% in 3Q 2024). Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 1.3%. Revenue is forecast to grow 3.4% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Semiconductor industry in the US. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Aug 27Photronics, Inc. Provides Earnings Guidance for the Fourth Quarter of Fiscal 2025Photronics, Inc. provided earnings guidance for the fourth quarter of fiscal 2025. For the quarter, Photronics expects Revenue to be between $201 million and $209 million.
공시 • Aug 14Photronics, Inc. to Report Q3, 2025 Results on Aug 27, 2025Photronics, Inc. announced that they will report Q3, 2025 results Pre-Market on Aug 27, 2025
Recent Insider Transactions Derivative • Jul 29Insider notifies of intention to sell stockChristopher Progler intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 28th of July. If the sale is conducted around the recent share price of US$21.07, it would amount to US$211k. Since December 2024, Christopher's direct individual holding has increased from 219.17k shares to 220.59k. Company insiders have collectively sold US$6.9m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions • Jul 13Independent Director recently sold US$300k worth of stockOn the 10th of July, Mitchell Tyson sold around 15k shares on-market at roughly US$19.97 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$6.1m more than they bought in the last 12 months.
Recent Insider Transactions Derivative • Jul 05Director notifies of intention to sell stockConstantine Macricostas intends to sell 30k shares in the next 90 days after lodging an Intent To Sell Form on the 2nd of July. If the sale is conducted around the recent share price of US$20.34, it would amount to US$600k. Since March 2025, Constantine has owned 481.58k shares directly. Company insiders have collectively sold US$6.6m more than they bought, via options and on-market transactions in the last 12 months.
공시 • Jun 30+ 6 more updatesPhotronics, Inc.(NasdaqGS:PLAB) dropped from Russell Small Cap Comp Growth IndexPhotronics, Inc.(NasdaqGS:PLAB) dropped from Russell Small Cap Comp Growth Index
Recent Insider Transactions Derivative • Jun 20Director notifies of intention to sell stockKangJyh Lee intends to sell 28k shares in the next 90 days after lodging an Intent To Sell Form on the 18th of June. If the sale is conducted around the recent share price of US$18.40, it would amount to US$517k. Since December 2024, KangJyh's direct individual holding has increased from 528.35k shares to 532.10k. Company insiders have collectively sold US$6.5m more than they bought, via options and on-market transactions in the last 12 months.
분석 기사 • Jun 16Photronics (NASDAQ:PLAB) Is Looking To Continue Growing Its Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
Buy Or Sell Opportunity • Jun 13Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to US$18.37. The fair value is estimated to be US$22.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.3% over the last 3 years. Earnings per share has grown by 10%. Revenue is forecast to grow by 0.2% in a year. Earnings are forecast to decline by 9.3% in the next year.
Major Estimate Revision • Jun 04Consensus EPS estimates fall by 23%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$874.1m to US$838.1m. EPS estimate also fell from US$2.16 per share to US$1.67 per share. Net income forecast to shrink 7.4% next year vs 17% growth forecast for Semiconductor industry in the US . Consensus price target down from US$35.00 to US$30.00. Share price rose 6.4% to US$18.02 over the past week.
Board Change • Jun 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. Director David Garcia was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • May 29Second quarter 2025 earnings: EPS misses analyst expectationsSecond quarter 2025 results: EPS: US$0.15 (down from US$0.59 in 2Q 2024). Revenue: US$211.0m (down 2.8% from 2Q 2024). Net income: US$8.86m (down 76% from 2Q 2024). Profit margin: 4.2% (down from 17% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 69%. Revenue is forecast to grow 3.9% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Semiconductor industry in the US. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • May 28Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to US$16.94, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 21x in the Semiconductor industry in the US. Total loss to shareholders of 22% over the past three years.
공시 • May 28+ 1 more updatePhotronics, Inc. Announces CEO TransitionPhotronics, Inc. announced that Dr. Frank Lee has informed Photronics of his plans to retire in the next year or two. In order to prepare for this transition, effective immediately, Dr. Lee has stepped down from his role as CEO of Photronics, but will continue to focus on the company’s Asia operations and will remain Chairman and President of Photronics’ PDMC subsidiary in Taiwan, while also remaining on the Photronics Board of Directors. Mr. George Macricostas will immediately assume the role of Chief Executive Officer of Photronics, Inc. while remaining Chairman of the Board.
공시 • May 14Photronics, Inc. to Report Q2, 2025 Results on May 28, 2025Photronics, Inc. announced that they will report Q2, 2025 results Pre-Market on May 28, 2025
Seeking Alpha • Apr 22Photronics: Valuation Increasingly Attractive Despite Delayed Recovery Amidst Tariff ChaosSummary Down -25% YTD, PLAB is currently testing the $18 resistance level amidst global tariff and geopolitical uncertainties. The direct impact of tariffs should be very limited for Photronics, and tariffs could even create a competitive edge for the company in the US market. However, tariffs may slow down consumer electronics demand and industry investments in next-gen designs, likely reducing photomask demand near-term. Although we may not have seen the bottom, I reiterate my "Buy" rating for long-term oriented investors with an updated fair value of $28 (down from $36, reflecting delayed recovery). While I opened a position in the low $20s as my puts finally got assigned, I am preparing to buy more if and as the stock falls further. Read the full article on Seeking Alpha
Recent Insider Transactions • Apr 20Independent Director recently sold US$224k worth of stockOn the 17th of April, Walter Fiederowicz sold around 13k shares on-market at roughly US$17.84 per share. This trade did not impact their existing holding. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$5.4m more than they bought in the last 12 months.
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to US$17.51, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 17x in the Semiconductor industry in the US. Total returns to shareholders of 21% over the past three years.
공시 • Apr 04Photronics, Inc. Appoints Adam Lewis as Lead Independent DirectorOn April 2, 2025, the independent members of Photronics, Inc.’s Board of Directors elected Adam Lewis to serve as Lead Independent Director, effective immediately.
Recent Insider Transactions • Mar 28Lead Independent Director recently sold US$216k worth of stockOn the 25th of March, Walter Fiederowicz sold around 10k shares on-market at roughly US$21.63 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$458k. Insiders have been net sellers, collectively disposing of US$5.0m more than they bought in the last 12 months.
Recent Insider Transactions Derivative • Mar 20CEO & Director notifies of intention to sell stockKangJyh Lee intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 19th of March. If the sale is conducted around the recent share price of US$21.60, it would amount to US$216k. For the year to October 2018, KangJyh's total compensation was 15% salary and 85% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, KangJyh's direct individual holding has increased from 528.35k shares to 552.10k. Company insiders have collectively sold US$5.4m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions • Mar 09CEO & Director recently sold US$209k worth of stockOn the 5th of March, KangJyh Lee sold around 10k shares on-market at roughly US$20.90 per share. This transaction amounted to 1.8% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$505k. KangJyh has been a net seller over the last 12 months, reducing personal holdings by US$2.5m.
Recent Insider Transactions Derivative • Mar 06CEO & Director notifies of intention to sell stockKangJyh Lee intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 5th of March. If the sale is conducted around the recent share price of US$20.90, it would amount to US$209k. For the year to October 2018, KangJyh's total compensation was 15% salary and 85% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, KangJyh's direct individual holding has decreased from 528.35k shares to 479.10k. Company insiders have collectively sold US$5.2m more than they bought, via options and on-market transactions in the last 12 months.
Seeking Alpha • Mar 04Lack Of Dividend Concerning For A Cash-Rich Value Company Like PhotronicsSummary Photronics is near its 52-week low despite solid financials, making it a potential contrarian pick with strong cash reserves and low valuation ratios. The company specializes in photomasks for semiconductor and flat-panel display manufacturers, operating in a stable but unexciting sector. Photronics is betting on AI-driven demand for new product designs, but faces risks from trade tariffs and increased competition in China. Despite a strong financial position, the lack of dividends makes Photronics a hold rather than a buy, as it doesn't return profits to investors. Read the full article on Seeking Alpha
New Risk • Feb 26New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.5% per year for the foreseeable future. Minor Risk Significant insider selling over the past 3 months (US$4.5m sold).
공시 • Feb 26Photronics, Inc. Provides Earnings Guidance for the Second Quarter of Fiscal Year 2025Photronics, Inc. provided earnings guidance for the second quarter of fiscal year 2025. For the period, the company expected revenue to be between $208 million and $216 million.
분석 기사 • Feb 26Photronics, Inc.'s (NASDAQ:PLAB) Low P/E No Reason For ExcitementWhen close to half the companies in the United States have price-to-earnings ratios (or "P/E's") above 19x, you may...
공시 • Feb 17Photronics, Inc., Annual General Meeting, Apr 02, 2025Photronics, Inc., Annual General Meeting, Apr 02, 2025.
공시 • Feb 12Photronics, Inc. to Report Q1, 2025 Results on Feb 26, 2025Photronics, Inc. announced that they will report Q1, 2025 results Pre-Market on Feb 26, 2025
Recent Insider Transactions • Jan 22CEO & Director recently sold US$458k worth of stockOn the 17th of January, KangJyh Lee sold around 19k shares on-market at roughly US$24.44 per share. This transaction amounted to 3.2% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$505k. KangJyh has been a net seller over the last 12 months, reducing personal holdings by US$2.3m.
분석 기사 • Jan 19Photronics (NASDAQ:PLAB) Shareholders Will Want The ROCE Trajectory To ContinueIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Recent Insider Transactions Derivative • Jan 17CEO & Director notifies of intention to sell stockKangJyh Lee intends to sell 9k shares in the next 90 days after lodging an Intent To Sell Form on the 16th of January. If the sale is conducted around the recent share price of US$24.40, it would amount to US$214k. For the year to October 2018, KangJyh's total compensation was 18% salary and 82% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, KangJyh's direct individual holding has increased from 544.60k shares to 580.85k. Company insiders have collectively sold US$4.7m more than they bought, via options and on-market transactions in the last 12 months.
공시 • Jan 11Photronics, Inc. Announces the Appointment of George Macricostas as Executive ChairmanPhotronics, Inc. announced the appointment of George Macricostas to the position of Executive Chairman, effective January 6, 2025. Mr. Macricostas has over 30 years of technical and management experience in business operations and information technology. He has been a member of the Photronics Board of Directors since 2002, serving on the Nomination and Cybersecurity committees, and most recently as Chairman of the Compensation Committee. With his transition to the Executive Chairman role, Mr. Macricostas will be succeeded in his committee assignments by Mr. David Garcia, who became a member of the Board of Directors in December 2024. As a result of the appointment, both George Macricostas and Constantine (“Deno”) Macricostas will no longer be considered independent directors, resulting in a Board of Directors of nine, six of whom are independent. Mr. Macricostas was a Founder, Chairman, and CEO of RagingWire Data Centers, Inc., a provider of mission critical data center colocation facilities, which is where the “Cloud” lives. He guided the company through a two-stage sale to NTT of Japan in 2014 and 2018. Previously, he was a senior vice president at Photronics, where he was responsible for all aspects of the company’s IT infrastructure.
Recent Insider Transactions • Jan 07CEO & Director recently sold US$422k worth of stockOn the 2nd of January, KangJyh Lee sold around 18k shares on-market at roughly US$24.10 per share. This transaction amounted to 2.9% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$505k. KangJyh has been a net seller over the last 12 months, reducing personal holdings by US$1.6m.
Recent Insider Transactions Derivative • Jan 03CEO & Director notifies of intention to sell stockKangJyh Lee intends to sell 18k shares in the next 90 days after lodging an Intent To Sell Form on the 2nd of January. If the sale is conducted around the recent share price of US$24.10, it would amount to US$422k. For the year to October 2018, KangJyh's total compensation was 18% salary and 82% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, KangJyh's direct individual holding has decreased from 544.60k shares to 528.35k. Company insiders have collectively sold US$3.2m more than they bought, via options and on-market transactions in the last 12 months.
Seeking Alpha • Dec 26Photronics: A Hidden AI Growth GemSummary Photronics reported $223M in Q4-FY24 sales, surpassing guidance, with 5% IC and 7% FPD growth. The stock offers a 40% upside based on normalized PE and a 47% price-to-sales discount. Planned $200M 2025 CapEx focuses on U.S. capacity expansion and advanced technology node capabilities. High-end IC sales rose 21% QoQ, reflecting demand for AI chips and advanced photomask technology. Photronics increased cash to $641M, reduced debt by 27%, and announced a $100M stock repurchase plan. Read the full article on Seeking Alpha
Recent Insider Transactions • Dec 22CEO & Director recently sold US$505k worth of stockOn the 19th of December, KangJyh Lee sold around 20k shares on-market at roughly US$25.27 per share. This transaction amounted to 3.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was KangJyh's only on-market trade for the last 12 months.
Recent Insider Transactions Derivative • Dec 20Insider notifies of intention to sell stockChristopher Progler intends to sell 63k shares in the next 90 days after lodging an Intent To Sell Form on the 19th of December. If the sale is conducted around the recent share price of US$24.85, it would amount to US$1.6m. Since March 2024, Christopher has owned 223.17k shares directly. There have been no trades via on-market transactions or options from company insiders in the last 12 months.
공시 • Dec 19Photronics, Inc. Announces Appointment of David Garcia to Board of DirectorsPhotronics, Inc. announced the appointment of David Garcia to the company’s Board of Directors on December 12, 2024. This election expands Board membership to nine members, seven of whom are independent. Mr. Garcia is currently a strategic advisor and previously spent approximately 30 years practicing law, most recently at Holland & Hart after starting his career at Wilson Sonsini Goodrich & Rosati and Venture Law Group. His extensive experience spans mergers & acquisitions, venture capital financing transactions and securities offerings. He has counseled both publicly and privately held companies in their corporate and governance affairs and has additional experience in structuring corporate partnering transactions and technology development, distribution and licensing arrangements. Mr. Garcia received an A.B. in Sociology with a concentration in organizational behavior from Stanford University in 1989, and a J.D., cum laude, from Harvard Law School in 1992.
