Analyst Ratings for Photronics Inc. (PLAB)

Updated: 2017-07-28

Photronics Inc. (NASDAQ:PLAB) was awarded an average rating of Overweight from investment analysts following the stock. PLAB had previously received a consensus rating of Overweight a month ago.

A buy rating was issued by 3 analysts, 1 issued an overweight rating, 2 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.

Several price targets were given for PLAB by the analysts covering the stock. The most optimistic price target was 15, implying a possible profit of 49.63 percent. The most pessimistic analyst gave a price target of 10, which equates to a potential downside of -0.25 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -33.24 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -31.14 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

The growth rate of PLAB's earnings is estimated by analysts to be 3.31 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of PLAB is 11.68.

In the last 52-weeks, PLAB has achieved a high of 12.10 and a low of 8.20. The current market price is above the trailing year's low by 22.26 percent, and 17.15 percent lower than its 52-week high. PLAB has a price/earnings ratio of 38.65. Investors typically compare the P/E ratio to a company's peers in the industry. The PLAB value stock report compares PLAB to some of its peers using value stock charts. The market cap of PLAB is $0.69561 billion. PLAB's next earnings release will be on 0000-00-00, which is days away.