Photronics Inc (NASDAQ: PLAB) has reported E.P.S. of $0.55 for its fourth fiscal quarter (ending October 31) versus $0.73 for the same period a year ago — a decline of -25%. Relative to the consensus estimate of $0.52, this was a premium of $0.03. For the latest four quarters through October 31, E.P.S. were $2.12 compared to $2.05 a year ago — an increase of 3%.
Recent Price Action
Photronics Inc (NASDAQ: PLAB) stock closed at $28.06 on 12/11/24 after a major increase of 10.8%. Moreover, this advance was accompanied by exceptionally high trading volume at 479% of normal. The stock has risen 12.2% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Photronics has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Photronics has a good Appreciation Score of 73 but a slightly negative Power Rating of 32, producing the Neutral Value Trend Rating.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment