Photronics (NASDAQ:PLAB) Research Coverage Started at Lake Street Capital

Lake Street Capital assumed coverage on shares of Photronics (NASDAQ:PLAB) in a research report sent to investors on Friday, Marketbeat.com reports. The firm issued a buy rating and a $46.00 price target on the semiconductor company’s stock.

Several other brokerages also recently commented on PLAB. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Photronics in a report on Monday, December 29th. Zacks Research cut shares of Photronics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 10th. Wall Street Zen upgraded shares of Photronics from a “buy” rating to a “strong-buy” rating in a research report on Saturday, March 14th. Craig Hallum restated a “buy” rating and set a $48.00 price objective on shares of Photronics in a report on Tuesday, March 3rd. Finally, DA Davidson upped their target price on Photronics from $30.00 to $45.00 and gave the company a “buy” rating in a research report on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Photronics currently has an average rating of “Moderate Buy” and a consensus target price of $46.33.

Photronics Trading Down 1.7%

PLAB opened at $36.34 on Friday. Photronics has a 1-year low of $16.46 and a 1-year high of $45.40. The stock’s fifty day simple moving average is $35.92 and its 200 day simple moving average is $29.45. The stock has a market cap of $2.14 billion, a PE ratio of 15.46 and a beta of 1.50.

Photronics (NASDAQ:PLAB) last announced its quarterly earnings results on Wednesday, February 25th. The semiconductor company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.07. Photronics had a return on equity of 7.88% and a net margin of 15.83%.The business had revenue of $225.07 million during the quarter, compared to the consensus estimate of $220.09 million. During the same quarter last year, the firm posted $0.52 EPS. The company’s quarterly revenue was up 6.1% on a year-over-year basis. Photronics has set its Q2 2026 guidance at 0.490-0.550 EPS. Equities analysts forecast that Photronics will post 2.3 earnings per share for the current year.

Insider Buying and Selling at Photronics

In other Photronics news, Director Mary Paladino sold 11,250 shares of Photronics stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $35.11, for a total value of $394,987.50. Following the completion of the sale, the director owned 23,820 shares in the company, valued at $836,320.20. The trade was a 32.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Han Kyung Park sold 6,250 shares of the business’s stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $34.89, for a total transaction of $218,062.50. Following the completion of the sale, the senior vice president directly owned 75,500 shares of the company’s stock, valued at $2,634,195. This represents a 7.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 78,750 shares of company stock worth $2,694,425 over the last quarter. Company insiders own 3.30% of the company’s stock.

Institutional Investors Weigh In On Photronics

Large investors have recently added to or reduced their stakes in the stock. Torren Management LLC bought a new position in Photronics during the 4th quarter worth $26,000. Larson Financial Group LLC bought a new stake in shares of Photronics during the 3rd quarter valued at $28,000. Hantz Financial Services Inc. grew its holdings in shares of Photronics by 673.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,485 shares of the semiconductor company’s stock worth $34,000 after purchasing an additional 1,293 shares in the last quarter. Quarry LP increased its position in shares of Photronics by 569.8% in the fourth quarter. Quarry LP now owns 1,353 shares of the semiconductor company’s stock worth $43,000 after purchasing an additional 1,151 shares during the period. Finally, Global Retirement Partners LLC increased its position in shares of Photronics by 723.8% in the fourth quarter. Global Retirement Partners LLC now owns 1,417 shares of the semiconductor company’s stock worth $45,000 after purchasing an additional 1,245 shares during the period. 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.