Photronics, Inc. (PLAB) expanding its growth trajectory ahead

With 0.51 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.62 million shares. The 52-week range on PLAB shows that it touched its highest point at $34.16 and its lowest point at $13.86 during that stretch. It currently has a 1-year price target of $32.00. Beta for the stock currently stands at 1.41.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PLAB was down-trending over the past week, with a drop of -1.41%, but this was down by -5.89% over a month. Three-month performance dropped to -10.93% while six-month performance rose 38.25%. The stock gained 71.10% in the past year, while it has lost -10.93% so far this year. A look at the trailing 12-month EPS for PLAB yields 2.22 with Next year EPS estimates of 2.40. For the next quarter, that number is 0.55. This implies an EPS growth rate of 5.39% for this year and 11.63% for next year. EPS is expected to grow by 10.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 28.11%.

Float and Shares Shorts:

At present, 61.31 million PLAB shares are outstanding with a float of 57.98 million shares on hand for trading. On Mar 15, 2024, short shares totaled 2.36 million, which was 3.72% higher than short shares on Feb 15, 2024. In addition to Dr. KangJyh Lee Ph.D. as the firm’s CEO & Director, Dr. Christopher J. Progler Ph.D. serves as its Executive VP of Strategic Planning & CTO.

Institutional Ownership:

Through their ownership of 90.83% of PLAB’s outstanding shares, institutional investors have majority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PLAB since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.

Dividends & Yield:

In terms of dividends, PLAB has a current ratio of $––, which is $–– over the trailing 12-months, while a dividend of $–– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and PLAB currently yields $0.00. In the past year, PLAB’s dividend yield has been $0.00, but when looking at the stock over the past five years, its yield has been $–. Accordingly, PLAB has a current buyback yield of $0.00. This was $0.00 for the TTM, and it was $2.00 for the past five years.