Photronics (NASDAQ:PLAB – Get Free Report) released its earnings results on Wednesday. The semiconductor company reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.05, RTT News reports. Photronics had a return on equity of 9.10% and a net margin of 15.07%. During the same quarter last year, the company posted $0.48 EPS. Photronics updated its Q2 2025 guidance to 0.440-0.500 EPS.
Photronics Trading Up 2.4 %
NASDAQ PLAB traded up $0.49 on Wednesday, hitting $21.19. 225,528 shares of the company’s stock were exchanged, compared to its average volume of 453,346. The stock has a 50-day moving average of $23.33 and a 200-day moving average of $23.89. The stock has a market cap of $1.35 billion, a price-to-earnings ratio of 10.14 and a beta of 1.37. Photronics has a 52 week low of $20.25 and a 52 week high of $31.60.
Analysts Set New Price Targets
Separately, DA Davidson increased their price objective on shares of Photronics from $32.00 to $35.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th.
Insider Transactions at Photronics
In other news, CEO Kang Jyh Lee sold 8,750 shares of the firm’s stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $24.40, for a total value of $213,500.00. Following the sale, the chief executive officer now directly owns 572,100 shares in the company, valued at approximately $13,959,240. This trade represents a 1.51 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Han Kyung Park sold 11,250 shares of Photronics stock in a transaction that occurred on Tuesday, January 7th. The shares were sold at an average price of $24.63, for a total transaction of $277,087.50. Following the sale, the senior vice president now directly owns 118,000 shares in the company, valued at $2,906,340. This trade represents a 8.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 199,000 shares of company stock valued at $4,878,810. Corporate insiders own 3.88% 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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