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

Photronics, Inc. (NASDAQ:PLAB) has earned a consensus recommendation of “Buy” from the five ratings firms that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating, two have issued a buy rating and two have assigned a strong buy rating to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $43.50.

Several research analysts have recently weighed in on the stock. DA Davidson upped their target price on shares of Photronics from $30.00 to $45.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. Zacks Research raised shares of Photronics from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 17th. Weiss Ratings restated a “hold (c+)” rating on shares of Photronics in a research note on Monday, December 29th. Finally, Craig Hallum boosted their price target on Photronics from $36.00 to $42.00 and gave the stock a “buy” rating in a research note on Thursday, December 11th.

Photronics Stock Performance

PLAB stock opened at $35.28 on Friday. The firm has a market cap of $2.08 billion, a P/E ratio of 15.41 and a beta of 1.52. Photronics has a 1 year low of $16.46 and a 1 year high of $39.80. The stock has a 50-day simple moving average of $31.49 and a 200-day simple moving average of $25.41.

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

Insiders Place Their Bets

In other news, SVP Han Kyung Park sold 13,750 shares of the stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $37.99, for a total transaction of $522,362.50. Following the completion of the transaction, the senior vice president directly owned 89,250 shares in the company, valued at approximately $3,390,607.50. This represents a 13.35% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Christopher J. Progler sold 25,000 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $35.78, for a total transaction of $894,500.00. Following the sale, the executive vice president directly owned 165,591 shares of the company’s stock, valued at $5,924,845.98. The trade was a 13.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 181,250 shares of company stock valued at $6,317,150. Company insiders own 3.20% of the company’s stock.

Institutional Investors Weigh In On Photronics

Institutional investors have recently modified their holdings of the stock. GAMMA Investing LLC lifted its position in shares of Photronics by 21.9% during the fourth quarter. GAMMA Investing LLC now owns 2,609 shares of the semiconductor company’s stock worth $83,000 after purchasing an additional 469 shares during the last quarter. Kendall Capital Management lifted its holdings in Photronics by 1.2% during the 4th quarter. Kendall Capital Management now owns 46,385 shares of the semiconductor company’s stock worth $1,484,000 after buying an additional 555 shares during the last quarter. Franklin Resources Inc. grew its position in shares of Photronics by 0.9% in the 3rd quarter. Franklin Resources Inc. now owns 60,900 shares of the semiconductor company’s stock worth $1,398,000 after acquiring an additional 570 shares in the last quarter. SummerHaven Investment Management LLC increased its holdings in shares of Photronics by 2.6% in the 2nd quarter. SummerHaven Investment Management LLC now owns 31,322 shares of the semiconductor company’s stock valued at $590,000 after acquiring an additional 782 shares during the last quarter. Finally, Quantinno Capital Management LP raised its position in shares of Photronics by 6.8% during the 2nd quarter. Quantinno Capital Management LP now owns 14,847 shares of the semiconductor company’s stock valued at $280,000 after acquiring an additional 945 shares in the last quarter. Institutional investors and hedge funds own 88.38% of the company’s stock.

Photronics Company Profile

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

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