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 highest price target was 15, which equates to a potential upside 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.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. 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.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of PLAB to grow at a rate of 3.31 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. 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 trailing 52-weeks, PLAB hit 12.10 at the highest peak, while it's lowest trading point was 8.20. Today's price is 22.26 percent above the 52-week low, and 17.15 percent below the 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.