Bokf Na grew its holdings in Photronics, Inc. (NASDAQ:PLAB – Free Report) by 125.5% in the course of the second quarter, in line with its most up-to-date submitting with the Securities and Alternate Fee (SEC). The agency owned 23,501 shares of the semiconductor firm’s inventory after buying a further 13,077 shares in the course of the interval. Bokf Na’s holdings in Photronics had been value $580,000 as of its most up-to-date SEC submitting.
Different massive traders additionally just lately made adjustments to their positions within the firm. Russell Investments Group Ltd. elevated its holdings in shares of Photronics by 177.9% within the 1st quarter. Russell Investments Group Ltd. now owns 98,774 shares of the semiconductor firm’s inventory valued at $2,797,000 after buying a further 63,228 shares in the course of the interval. Charles Schwab Funding Administration Inc. elevated its holdings in Photronics by 3.5% within the fourth quarter. Charles Schwab Funding Administration Inc. now owns 885,863 shares of the semiconductor firm’s inventory value $27,790,000 after shopping for a further 30,163 shares over the last quarter. Lord Abbett & CO. LLC elevated its holdings in Photronics by 19.0% within the first quarter. Lord Abbett & CO. LLC now owns 308,856 shares of the semiconductor firm’s inventory value $8,746,000 after shopping for a further 49,331 shares over the last quarter. LSV Asset Administration elevated its holdings in Photronics by 13.7% within the first quarter. LSV Asset Administration now owns 1,714,964 shares of the semiconductor firm’s inventory value $48,568,000 after shopping for a further 207,049 shares over the last quarter. Lastly, Jennison Associates LLC acquired a brand new place in Photronics within the first quarter value roughly $1,121,000. Institutional traders and hedge funds personal 88.38% of the corporate’s inventory.
Analyst Upgrades and Downgrades
Individually, StockNews.com upgraded Photronics from a “maintain” score to a “purchase” score in a report on Thursday.
Learn Our Newest Inventory Evaluation on Photronics
Photronics Value Efficiency
Shares of Photronics inventory opened at $23.65 on Monday. Photronics, Inc. has a fifty-two week low of $18.03 and a fifty-two week excessive of $34.16. The agency has a fifty day transferring common worth of $24.21 and a two-hundred day transferring common worth of $26.26. The corporate has a market cap of $1.50 billion, a PE ratio of 10.95 and a beta of 1.40.
Photronics (NASDAQ:PLAB – Get Free Report) final issued its quarterly earnings outcomes on Thursday, August twenty ninth. The semiconductor firm reported $0.51 earnings per share for the quarter, lacking analysts’ consensus estimates of $0.56 by ($0.05). The corporate had income of $211.00 million in the course of the quarter, in comparison with the consensus estimate of $225.00 million. Photronics had a web margin of 16.22% and a return on fairness of 9.46%. Photronics’s income for the quarter was down 5.9% on a year-over-year foundation. Throughout the identical interval final 12 months, the corporate earned $0.51 earnings per share. Analysts count on that Photronics, Inc. will put up 2.08 earnings per share for the present fiscal 12 months.
Photronics Firm Profile
Photronics, Inc, along with its subsidiaries, engages within the manufacture and sale of photomask services in the USA, Taiwan, China, Korea, Europe, and internationally. It affords photomasks which are used within the manufacture of built-in circuits and flat panel shows (FPDs); and to switch circuit patterns onto semiconductor wafers, and FDP substrates.
Featured Articles
Obtain Information & Scores for Photronics Every day – Enter your electronic mail handle under to obtain a concise every day abstract of the newest information and analysts’ scores for Photronics and associated corporations with MarketBeat.com’s FREE every day electronic mail publication.
