Photronics (NASDAQ:PLAB – Get Free Report) issued its quarterly earnings results on Wednesday. The semiconductor company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.05, RTT News reports. The business had revenue of $212.14 million for the quarter, compared to analyst estimates of $210.00 million. Photronics had a return on equity of 9.10% and a net margin of 15.07%. During the same quarter in the prior year, the firm posted $0.48 earnings per share. Photronics updated its Q2 2025 guidance to 0.440-0.500 EPS.
Photronics Stock Up 0.5 %
PLAB traded up $0.10 during trading on Friday, hitting $20.69. The company’s stock had a trading volume of 227,811 shares, compared to its average volume of 481,197. The firm has a market capitalization of $1.32 billion, a P/E ratio of 9.91 and a beta of 1.37. Photronics has a twelve month low of $20.25 and a twelve month high of $31.60. The stock’s fifty day moving average price is $23.17 and its 200-day moving average price is $23.85.
Wall Street Analyst Weigh In
Separately, DA Davidson lifted their price objective on shares of Photronics from $32.00 to $35.00 and gave the company a “buy” rating in a research report on Thursday, December 12th.
Insider Buying and Selling at Photronics
In other Photronics news, CEO Kang Jyh Lee sold 8,750 shares of the business’s stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $24.40, for a total value of $213,500.00. Following the transaction, the chief executive officer now owns 572,100 shares of the company’s stock, valued at approximately $13,959,240. The trade was a 1.51 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Christopher J. Progler sold 63,000 shares of the business’s stock in a transaction dated Thursday, December 19th. The stock was sold at an average price of $24.85, for a total transaction of $1,565,550.00. Following the completion of the transaction, the executive vice president now directly owns 219,166 shares in the company, valued at $5,446,275.10. This trade represents a 22.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 199,000 shares of company stock valued at $4,878,810. Company insiders own 3.20% of the company’s stock.
About Photronics
Photronics, Inc, together with its subsidiaries, engages in the manufacture and sale of photomask products and services in the United States, Taiwan, China, Korea, Europe, and internationally. It offers photomasks that are used in the manufacture of integrated circuits and flat panel displays (FPDs); and to transfer circuit patterns onto semiconductor wafers, and FDP substrates.
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