Symbols / PLAB Stock $51.38 +2.62% Photronics, Inc.

Technology • Semiconductor Equipment & Materials • United States • NMS
PLAB (Stock) Chart
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About

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. The company also provides electrical and optical components. It sells its products to semiconductor and FPD designers, manufacturers, and foundries through its sales personnel and customer service representatives. The company was formerly known as Photronic Labs, Inc. and changed its name to Photronics, Inc. in 1990. Photronics, Inc. was incorporated in 1969 and is based in Brookfield, Connecticut.

Stock Fundamentals
Scroll to Statements
Market Cap 3.03B Enterprise Value 2.75B Income 136.49M Sales 862.22M Book/sh 20.85 Cash/sh 10.80
Dividend Yield — Payout 0.00% Employees 1900 IPO — P/E 21.96 Forward P/E 21.77
PEG 2.64 P/S 3.51 P/B 2.46 P/C — EV/EBITDA 9.58 EV/Sales 3.19
Quick Ratio 4.10 Current Ratio 4.58 Debt/Eq 0.00 LT Debt/Eq — EPS (ttm) 2.34 EPS next Y 2.36
EPS Growth 8.80% Revenue Growth 6.10% Earnings 2026-05-27 ROA 7.31% ROE 12.22% ROIC —
Gross Margin 35.14% Oper. Margin 24.38% Profit Margin 15.83% Shs Outstand 58.97M Shs Float 56.93M Short Float 6.93%
Short Ratio 3.08 Short Interest — 52W High 51.55 52W Low 16.59 Beta 1.43 Avg Volume 1.03M
Volume 173.13K Target Price $47.00 Recom None Prev Close $50.07 Price $51.38 Change 2.62%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$47.00
Mean price target
2. Current target
$51.38
Latest analyst target
3. DCF / Fair value
$11.14
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$51.38
Low
$46.00
High
$48.00
Mean
$47.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-20 init Lake Street — → Buy $46
2025-12-11 main DA Davidson Buy → Buy $45
2025-12-11 main Craig-Hallum Buy → Buy $42
2025-06-11 init Craig-Hallum — → Buy $32
2025-05-29 main DA Davidson Buy → Buy $30
2024-12-12 main DA Davidson Buy → Buy $35
2023-05-25 main Northland Capital Markets Market Perform → Market Perform $21
2023-05-22 down Northland Capital Markets Outperform → Market Perform —
2023-04-17 main Northland Capital Markets — → Outperform $18
2022-08-31 main DA Davidson — → Buy $28
2022-05-26 main Northland Capital Markets — → Outperform $26
2022-05-26 main DA Davidson — → Buy $30
2022-04-11 up Stifel Hold → Buy $21
2021-02-25 down Stifel Buy → Hold $13
2020-09-11 up Stifel Hold → Buy $13
2020-06-22 down Stifel Buy → Hold $13
2020-02-10 up Stifel Hold → Buy $16
2018-05-23 main Stifel Hold → Hold $10
2016-11-11 down Needham Buy → Hold —
2016-11-11 down Stifel Buy → Hold $9
News
RSS: Latest PLAB news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-17 ZHANG RUI Officer — 4,556 $46.70 $212,765
2026-04-16 LEE KANG JYH Director — 20,000 $45.80 $918,500
2026-04-15 LEE KANG JYH Director — 10,000 $45.10 $451,000
2026-04-14 WANG HSUEH-CHUN Officer — 19,250 $45.30 $872,025
2026-04-14 MACRICOSTAS CONSTANTINE S Director — 50,000 $45.35 $2,267,500
2026-04-13 LEE KANG JYH Director — 5,000 $45.00 $225,000
2026-04-13 LEE KANG JYH Director — 5,000 $8.60 $43,000
2026-04-13 LIAO DANIEL JL Director — 3,722 $0.00 $0
2026-04-13 LEWIS ADAM M Director — 3,722 $0.00 $0
2026-04-13 RIVERA ERIC President — 1,000 $44.77 $44,770
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-10-31 2024-10-31 2023-10-31 2022-10-31
Total Revenue
849.29
-2.04%
866.95
-2.82%
892.08
+8.19%
824.55
Operating Revenue
849.29
-2.04%
866.95
-2.82%
892.08
+8.19%
824.55
Cost Of Revenue
549.46
-0.28%
551.00
-0.88%
555.91
+4.82%
530.34
Reconciled Cost Of Revenue
549.46
-0.28%
551.00
-0.88%
555.91
+4.82%
530.34
Gross Profit
299.83
-5.10%
315.95
-6.01%
336.16
+14.26%
294.21
Operating Expense
91.67
-2.92%
94.43
+13.62%
83.11
+0.93%
82.35
Research And Development
15.80
-4.66%
16.58
+21.40%
13.65
-25.55%
18.34
Selling General And Administration
75.62
-2.75%
77.76
+11.95%
69.46
+8.55%
63.99
Other Operating Expenses
0.24
+160.87%
0.09
—
0.02
Total Expenses
641.13
-0.67%
645.43
+1.00%
639.03
+4.30%
612.68
Operating Income
208.16
-6.03%
221.52
-12.46%
253.05
+19.44%
211.87
Total Operating Income As Reported
208.16
-6.03%
221.52
-12.46%
253.05
+19.44%
211.87
EBITDA
299.44
-9.41%
330.55
-5.88%
351.21
+9.34%
321.22
Normalized EBITDA
307.75
-6.28%
328.39
-5.84%
348.75
+18.67%
293.88
Reconciled Depreciation
77.61
-6.28%
82.81
+2.44%
80.83
+0.63%
80.33
EBIT
221.84
-10.46%
247.75
-8.37%
270.38
+12.24%
240.89
Total Unusual Items
-8.31
-483.30%
2.17
-12.08%
2.47
-90.98%
27.34
Total Unusual Items Excluding Goodwill
-8.31
-483.30%
2.17
-12.08%
2.47
-90.98%
27.34
Net Income
136.41
+4.37%
130.69
+4.15%
125.48
+5.64%
118.79
Pretax Income
221.78
-10.36%
247.41
-8.35%
269.95
+12.93%
239.03
Net Non Operating Interest Income Expense
21.93
-7.57%
23.73
+64.44%
14.43
+8252.54%
-0.18
Interest Expense Non Operating
0.06
-83.53%
0.33
-22.86%
0.43
-76.68%
1.86
Net Interest Income
21.93
-7.57%
23.73
+64.44%
14.43
+8252.54%
-0.18
Interest Expense
0.06
-83.53%
0.33
-22.86%
0.43
-76.68%
1.86
Interest Income Non Operating
21.99
-8.62%
24.06
+61.90%
14.86
+784.70%
1.68
Interest Income
21.99
-8.62%
24.06
+61.90%
14.86
+784.70%
1.68
Other Income Expense
-8.31
-483.30%
2.17
-12.08%
2.47
-90.98%
27.34
Gain On Sale Of Security
-8.31
-483.30%
2.17
-12.08%
2.47
-90.98%
27.34
Tax Provision
31.55
-50.37%
63.57
-9.59%
70.31
+17.60%
59.79
Tax Rate For Calcs
0.00
-44.75%
0.00
-1.15%
0.00
+3.94%
0.00
Tax Effect Of Unusual Items
-1.18
-311.79%
0.56
-13.10%
0.64
-90.63%
6.84
Net Income Including Noncontrolling Interests
190.23
+3.47%
183.85
-7.91%
199.63
+11.38%
179.24
Net Income From Continuing Operation Net Minority Interest
136.41
+4.37%
130.69
+4.15%
125.48
+5.64%
118.79
Net Income From Continuing And Discontinued Operation
136.41
+4.37%
130.69
+4.15%
125.48
+5.64%
118.79
Net Income Continuous Operations
190.23
+3.47%
183.85
-7.91%
199.63
+11.38%
179.24
Minority Interests
-53.83
-1.26%
-53.16
+28.31%
-74.15
-22.65%
-60.46
Normalized Income
143.53
+11.20%
129.08
+4.38%
123.66
+25.82%
98.28
Net Income Common Stockholders
136.41
+4.37%
130.69
+4.15%
125.48
+5.64%
118.79
Diluted EPS
2.28
+9.09%
2.09
+2.96%
2.03
+4.64%
1.94
Basic EPS
2.29
+8.02%
2.12
+3.41%
2.05
+4.59%
1.96
Basic Average Shares
59.61
-3.43%
61.73
+0.96%
61.14
+0.96%
60.56
Diluted Average Shares
59.92
-3.96%
62.39
+1.03%
61.76
+0.93%
61.19
Diluted NI Availto Com Stockholders
136.41
+4.37%
130.69
+4.15%
125.48
+5.64%
118.79
Average Dilution Earnings
—
0.00
0.00
0.00
Line Item Trend 2023-10-31
Total Assets
1,526.22
Current Assets
785.45
Cash Cash Equivalents And Short Term Investments
512.21
Cash And Cash Equivalents
499.29
Cash Equivalents
—
Cash Financial
—
Other Short Term Investments
12.91
Receivables
208.22
Accounts Receivable
194.93
Gross Accounts Receivable
196.03
Allowance For Doubtful Accounts Receivable
-1.10
Other Receivables
10.98
Taxes Receivable
2.31
Inventory
49.96
Raw Materials
48.95
Work In Process
1.01
Finished Goods
0.01
Prepaid Assets
12.52
Other Current Assets
2.54
Total Non Current Assets
740.77
Net PPE
709.24
Gross PPE
2,209.45
Accumulated Depreciation
-1,500.21
Properties
0.00
Land And Improvements
11.38
Buildings And Improvements
185.85
Machinery Furniture Equipment
1,937.90
Construction In Progress
55.43
Leases
18.89
Goodwill And Other Intangible Assets
—
Other Intangible Assets
—
Non Current Deferred Assets
21.30
Non Current Deferred Taxes Assets
21.30
Other Non Current Assets
10.23
Total Liabilities Net Minority Interest
250.61
Current Liabilities
185.22
Payables And Accrued Expenses
129.51
Payables
111.63
Accounts Payable
84.02
Current Accrued Expenses
17.88
Employee Benefits
11.99
Pensionand Other Post Retirement Benefit Plans Current
37.22
Total Tax Payable
27.60
Income Tax Payable
24.08
Current Debt And Capital Lease Obligation
8.53
Current Debt
—
Other Current Borrowings
—
Current Capital Lease Obligation
8.53
Current Deferred Liabilities
9.96
Current Deferred Revenue
9.96
Total Non Current Liabilities Net Minority Interest
65.39
Long Term Debt And Capital Lease Obligation
22.22
Long Term Debt
—
Long Term Capital Lease Obligation
22.22
Non Current Pension And Other Postretirement Benefit Plans
11.99
Tradeand Other Payables Non Current
6.62
Non Current Deferred Liabilities
12.45
Non Current Deferred Revenue
12.45
Other Non Current Liabilities
12.10
Stockholders Equity
975.01
Common Stock Equity
975.01
Capital Stock
0.61
Common Stock
0.61
Preferred Stock
0.00
Share Issued
61.31
Ordinary Shares Number
61.31
Treasury Shares Number
0.00
Additional Paid In Capital
502.01
Retained Earnings
561.12
Gains Losses Not Affecting Retained Earnings
-88.73
Minority Interest
300.60
Other Equity Adjustments
-88.73
Total Equity Gross Minority Interest
1,275.61
Total Capitalization
975.01
Working Capital
600.23
Invested Capital
975.01
Total Debt
30.75
Capital Lease Obligations
30.75
Net Tangible Assets
975.01
Tangible Book Value
975.01
Line Of Credit
0.00
Line Item Trend 2025-10-31 2024-10-31 2023-10-31 2022-10-31
Operating Cash Flow
247.80
-5.22%
261.44
-13.48%
302.18
+9.81%
275.19
Cash Flow From Continuing Operating Activities
247.80
-5.22%
261.44
-13.48%
302.18
+9.81%
275.19
Net Income From Continuing Operations
190.23
+3.47%
183.85
-7.91%
199.63
+11.38%
179.24
Depreciation Amortization Depletion
77.61
-6.28%
82.81
+2.44%
80.83
+0.63%
80.33
Depreciation
77.26
-6.28%
82.43
+2.44%
80.47
+0.63%
79.97
Amortization Cash Flow
0.35
-6.72%
0.37
+2.76%
0.36
+0.84%
0.36
Depreciation And Amortization
77.61
-6.28%
82.81
+2.44%
80.83
+0.63%
80.33
Amortization Of Intangibles
0.35
-6.72%
0.37
+2.76%
0.36
+0.84%
0.36
Stock Based Compensation
13.39
-3.61%
13.89
+73.60%
8.00
+26.84%
6.31
Deferred Tax
-17.17
-1136.00%
-1.39
-49.84%
-0.93
-214.59%
0.81
Deferred Income Tax
-17.17
-1136.00%
-1.39
-49.84%
-0.93
-214.59%
0.81
Change In Working Capital
-16.26
+8.18%
-17.71
-221.03%
14.63
+72.19%
8.50
Change In Receivables
6.31
+348.29%
-2.54
-163.11%
4.03
+107.86%
-51.23
Changes In Account Receivables
6.31
+348.29%
-2.54
-163.11%
4.03
+107.86%
-51.23
Change In Inventory
-4.94
+19.69%
-6.15
-597.90%
1.24
+160.62%
-2.04
Change In Payables And Accrued Expense
-12.91
-33.91%
-9.64
-3179.93%
-0.29
-100.49%
60.57
Change In Payable
-12.91
-33.91%
-9.64
-3179.93%
-0.29
-100.49%
60.57
Change In Account Payable
-12.91
-33.91%
-9.64
-3179.93%
-0.29
-100.49%
60.57
Change In Other Current Assets
-4.71
-850.80%
0.63
-93.50%
9.66
+702.74%
1.20
Investing Cash Flow
-238.90
-52.69%
-156.47
-54.08%
-101.55
+31.28%
-147.76
Cash Flow From Continuing Investing Activities
-238.90
-52.69%
-156.47
-54.08%
-101.55
+31.28%
-147.76
Net PPE Purchase And Sale
-188.14
-43.68%
-130.94
+0.27%
-131.29
-16.87%
-112.34
Purchase Of PPE
-188.14
-43.68%
-130.94
+0.27%
-131.29
-16.87%
-112.34
Capital Expenditure
-188.23
-43.65%
-131.03
+0.29%
-131.41
-16.77%
-112.54
Net Investment Purchase And Sale
-52.83
-90.56%
-27.72
-201.38%
27.34
+170.38%
-38.85
Purchase Of Investment
-129.65
-28.93%
-100.56
-398.01%
-20.19
+48.03%
-38.85
Sale Of Investment
76.82
+5.47%
72.84
+53.22%
47.54
0.00
Net Intangibles Purchase And Sale
-0.09
-5.62%
-0.09
+23.93%
-0.12
+42.93%
-0.20
Purchase Of Intangibles
-0.09
-5.62%
-0.09
+23.93%
-0.12
+42.93%
-0.20
Net Other Investing Changes
2.16
-5.68%
2.29
-9.28%
2.52
-30.71%
3.64
Financing Cash Flow
-115.26
-1391.03%
-7.73
+58.20%
-18.49
+52.20%
-38.69
Cash Flow From Continuing Financing Activities
-115.26
-1391.03%
-7.73
+58.20%
-18.49
+52.20%
-38.69
Net Issuance Payments Of Debt
-17.97
-171.44%
-6.62
+64.09%
-18.44
+71.82%
-65.44
Issuance Of Debt
—
—
0.00
0.00
Repayment Of Debt
-17.97
-171.44%
-6.62
+64.09%
-18.44
+71.82%
-65.44
Long Term Debt Issuance
—
—
0.00
0.00
Long Term Debt Payments
-17.97
-171.44%
-6.62
+64.09%
-18.44
+71.82%
-65.44
Net Long Term Debt Issuance
-17.97
-171.44%
-6.62
+64.09%
-18.44
+71.82%
-65.44
Net Common Stock Issuance
-97.42
0.00
0.00
+100.00%
-2.52
Common Stock Payments
-97.42
0.00
0.00
+100.00%
-2.52
Repurchase Of Capital Stock
-97.42
0.00
0.00
+100.00%
-2.52
Proceeds From Stock Option Exercised
0.14
+112.35%
-1.11
-1953.70%
-0.05
-101.26%
4.28
Net Other Financing Charges
—
—
—
25.00
Changes In Cash
-106.36
-209.37%
97.25
-46.61%
182.14
+105.25%
88.74
Effect Of Exchange Rate Changes
0.23
-89.28%
2.13
+179.37%
-2.68
+94.18%
-46.01
Beginning Cash Position
601.24
+19.80%
501.87
+55.66%
322.41
+15.28%
279.68
End Cash Position
492.26
-17.75%
598.49
+19.87%
499.29
+56.18%
319.68
Free Cash Flow
59.57
-54.32%
130.41
-23.63%
170.76
+4.99%
162.64
Other Cash Adjustment Outside Changein Cash
-2.86
-3.59%
-2.76
-7.11%
-2.58
+5.64%
-2.73
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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