Photronics (NASDAQ:PLAB - Get Free Report) issued an update on its first quarter earnings guidance on Wednesday morning. The company provided EPS guidance of $0.43-0.49 for the period, compared to the consensus EPS estimate of $0.46. The company issued revenue guidance of $208-216 million, compared to the consensus revenue estimate of $210.00 million. Photronics also updated its Q1 2025 guidance to 0.430-0.490 EPS.
Analyst Ratings Changes
Separately, StockNews.com upgraded Photronics from a "hold" rating to a "buy" rating in a research note on Saturday, September 28th.
Check Out Our Latest Stock Analysis on Photronics
Photronics Price Performance
PLAB stock traded up $2.74 during trading on Wednesday, hitting $28.06. 1,772,347 shares of the stock traded hands, compared to its average volume of 486,266. The stock has a market cap of $1.78 billion, a price-to-earnings ratio of 12.40 and a beta of 1.41. Photronics has a 1 year low of $20.25 and a 1 year high of $34.16. The firm's 50 day moving average is $24.33 and its two-hundred day moving average is $24.52.
Photronics (NASDAQ:PLAB - Get Free Report) last posted its quarterly earnings results on Wednesday, December 11th. The semiconductor company reported $0.59 EPS for the quarter, beating analysts' consensus estimates of $0.52 by $0.07. Photronics had a net margin of 16.22% and a return on equity of 9.46%. The firm had revenue of $222.60 million for the quarter, compared to analysts' expectations of $218.00 million. During the same quarter in the prior year, the company posted $0.60 earnings per share. The business's revenue for the quarter was down 2.2% on a year-over-year basis. As a group, analysts anticipate that Photronics will post 2.08 EPS for the current fiscal year.
About Photronics
(
Get Free Report)
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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