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.

A number of analysts gave price targets for PLAB. The most optimistic price target was 15, implying potential capital gains of 49.63 percent. The minimum price target given was 10, implying potential capital losses of -0.25 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -33.24 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -31.14 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

The growth rate of PLAB's earnings is estimated by analysts to be 3.31 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. PLAB has a PEG ratio of 11.68.

In the trailing 52-weeks, PLAB hit 12.10 at the highest peak, while it's lowest trading point was 8.20. Currently the stock is 22.26 percent higher than its low, 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 stock has a market capitalization of $0.69561 billion. PLAB's next earnings release will be on 0000-00-00, which is days away.