Photronicsの空売り状況は、投資家がPhotronicsの株価下落に賭けている度合いを知ることができます。空売りデータは2週間ごとに更新されます。

Photronics (NASDAQ:PLAB) 株価情報, 空売り情報

Photronics

Photronics Inc is a U.S.-based company that is principally engaged in manufacturing photomasks. The photomasks are photographic quartz or glass plates that contain microscopic images of electronic circuits that are used as a component in the manufacture of integrated circuits and flat-panel displays. The revenue from products designed for integrated circuits production accounts for the majority of total revenue, with the rest derived from products for flat-panel display production. The company's assets are located in Taiwan, Korea, and the United States. It generates revenue world-wide, including in the United States, Europe, Taiwan, Korea, China, and elsewhere in Asia, with Taiwan contributing the majority of total revenue.

Photronics Inc

Kang Jyh Lee, Chief Executive Officer at Photronics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAB#NASDAQ">PLAB</a>), executed a substantial insider sell on January 6, according to an SEC filing.
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0000810136/000114036125000364//Archives/edgar/data/810136/000114036125000364/0001140361-25-000364-index.htm">U.S. Securities and Exchange Commission</a> on Monday showed that Lee sold 17,500 shares of Photronics. The total transaction amounted to $421,750. 
Tracking the Tuesday's morning session, Photronics shares are trading at $24.58, showing a up of 0.04%.
<h3>All You Need to Know About Photronics</h3>
Photronics Inc is a U.S.-based company that is principally engaged in manufacturing photomasks. The photomasks are photographic quartz or glass plates that contain microscopic images of electronic circuits that are used as a component in the manufacture of integrated circuits and flat-panel displays. The revenue from products designed for integrated circuits production accounts for the majority of total revenue, with the rest derived from products for flat-panel display production. The company's assets are located in Taiwan, Korea, and the United States. It generates revenue world-wide, including in the United States, Europe, Taiwan, Korea, China, and elsewhere in Asia, with Taiwan contributing the majority of total revenue.
<h3>Understanding the Numbers: Photronics's Finances</h3>
Negative Revenue Trend: Examining Photronics's financials over 3 months reveals challenges. As of 31 October, 2024, the company experienced a decline of approximately -2.13% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.
Profitability Metrics: Unlocking Value
<ul>
<li>
Gross Margin: The company shows a low gross margin of 36.97%, indicating concerns regarding cost management and overall profitability relative to its industry counterparts.
</li>
<li>
Earnings per Share (EPS): With an EPS below industry norms, Photronics exhibits below-average bottom-line performance with a current EPS of 0.55.
</li>
</ul>
Debt Management: Photronics's debt-to-equity ratio is below the industry average. With a ratio of 0.02, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Analyzing Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 11.76, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 1.77, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an EV/EBITDA ratio lower than industry averages at 2.84, Photronics could be considered undervalued.
</li>
</ul>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
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<h3>The Relevance of Insider Transactions</h3>
Insightful as they may be, insider transactions should be considered alongside a thorough examination of other investment criteria.
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Transaction Codes Worth Your Attention</h3>
Delving into transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> typically prioritize those unfolding in the open market, as precisely outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000810136">Check Out The Full List Of Photronics's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

News

Insider Trades

Trading Ideas

PLAB

Kang Jyh Lee Executes Sell Order: Offloads $421K In Photronics Stock

Making a noteworthy insider sell on December 24, Kang Jyh Lee, Chief Executive Officer at Photronics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAB#NASDAQ">PLAB</a>), is reported in the latest SEC filing.
What Happened: Lee's decision to sell 8,750 shares of Photronics was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000810136/000114036124050296//Archives/edgar/data/810136/000114036124050296/0001140361-24-050296-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday. The total value of the sale is $212,887.
The latest market snapshot at Tuesday morning reveals Photronics shares down by 0.0%, trading at $23.85.
<h3>Get to Know Photronics Better</h3>
Photronics Inc is a U.S.-based company that is principally engaged in manufacturing photomasks. The photomasks are photographic quartz or glass plates that contain microscopic images of electronic circuits that are used as a component in the manufacture of integrated circuits and flat-panel displays. The revenue from products designed for integrated circuits production accounts for the majority of total revenue, with the rest derived from products for flat-panel display production. The company's assets are located in Taiwan, Korea, and the United States. It generates revenue world-wide, including in the United States, Europe, Taiwan, Korea, China, and elsewhere in Asia, with Taiwan contributing the majority of total revenue.
<h3>A Deep Dive into Photronics's Financials</h3>
Decline in Revenue: Over the 3 months period, Photronics faced challenges, resulting in a decline of approximately -2.13% in revenue growth as of 31 October, 2024. This signifies a reduction in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.
Insights into Profitability:
<ul>
<li>
Gross Margin: The company issues a cost efficiency warning with a low gross margin of 36.97%, indicating potential difficulties in maintaining profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): With an EPS below industry norms, Photronics exhibits below-average bottom-line performance with a current EPS of 0.55.
</li>
</ul>
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.02.
Valuation Analysis:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 11.41, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 1.72, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): At 2.7, Photronics's EV/EBITDA ratio reflects a below-par valuation compared to industry averages signalling undervaluation
</li>
</ul>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
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<h3>The Impact of Insider Transactions on Investments</h3>
While insider transactions should not be the sole basis for making investment decisions, they can play a significant role in an investor's decision-making process.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Understanding Crucial Transaction Codes</h3>
When dissecting transactions, the focal point for <a href="https://www.benzinga.com/money/investing-tools">investors</a> is often those occurring in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000810136">Check Out The Full List Of Photronics's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Chief Executive Officer Of Photronics Makes $212K Sale

DA Davidson analyst Thomas Diffely maintains Photronics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAB#NASDAQ">PLAB</a>) with a Buy and raises the price target from $32 to $35.

Price Target

Analyst Ratings

DA Davidson Maintains Buy on Photronics, Raises Price Target to $35

<h3>Gainers</h3>
<ul>
<li>SEALSQ (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAES#NASDAQ">LAES</a>) shares moved upwards by 80.4% to $1.03 during Wednesday's pre-market session. The company's market cap stands at $34.9 million. </li>
<li>AmpliTech Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMPG#NASDAQ">AMPG</a>) shares moved upwards by 76.39% to $1.75. The company's market cap stands at $21.9 million. </li>
<li>Frequency Electronics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FEIM#NASDAQ">FEIM</a>) shares rose 27.05% to $16.25. The market value of their outstanding shares is at $155.4 million. The company's, Q2 earnings came out yesterday. </li>
<li>Rigetti Computing (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGTI#NASDAQ">RGTI</a>) shares moved upwards by 22.8% to $7.97. The company's market cap stands at $2.2 billion. </li>
<li>Verb Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VERB#NASDAQ">VERB</a>) stock increased by 19.04% to $8.75. The market value of their outstanding shares is at $8.6 million. </li>
<li>Photronics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAB#NASDAQ">PLAB</a>) shares rose 18.44% to $29.99. The market value of their outstanding shares is at $1.9 billion. As per the news, the Q4 earnings report came out today. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>CSP (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSPI#NASDAQ">CSPI</a>) stock decreased by 10.7% to $15.0 during Wednesday's pre-market session. The market value of their outstanding shares is at $146.4 million. </li>
<li>Taoping (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TAOP#NASDAQ">TAOP</a>) shares declined by 10.57% to $0.33. The market value of their outstanding shares is at $1.4 million. </li>
<li>TROOPS (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TROO#NASDAQ">TROO</a>) stock decreased by 10.35% to $2.08. The market value of their outstanding shares is at $211.3 million. </li>
<li>Signing Day Sports (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/SGN#AMEX">SGN</a>) stock declined by 10.31% to $3.22. The market value of their outstanding shares is at $1.8 million. </li>
<li>Telos (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLS#NASDAQ">TLS</a>) shares declined by 8.84% to $3.3. The market value of their outstanding shares is at $238.8 million. </li>
<li>Brand Engagement Network (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNAI#NASDAQ">BNAI</a>) shares decreased by 7.57% to $0.81. The market value of their outstanding shares is at $30.6 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Information Technology Stocks Moving In Wednesday's Pre-Market Session

U.S. stocks were higher, with the Nasdaq Composite gaining around 300 points on Wednesday.
Shares of Photronics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAB#NASDAQ">PLAB</a>) rose sharply during Wednesday's session after the company reported better-than-expected fourth-quarter financial results and issued first-quarter revenue guidance with its <a href="https://www.benzinga.com/news/earnings/24/12/42434183/photronics-q4-earnings-beats-expectations-ceo-credits-strong-us-sales-2025-backed-by-ai-edge-computing-and-supply-chain-trends">midpoint above estimates</a>.
The company reported adjusted EPS of 59 cents, beating the Wall Street view of 52 cents. Photronics reported quarterly revenues of $222.63 million, down 2% year-over-year. Sales beat the analyst consensus of $218.00 million. The revenue grew by 6% Q/Q.
Photronics shares jumped 13.1% to $28.64 on Wednesday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Stitch Fix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFIX#NASDAQ">SFIX</a>) shares jumped 47.8% to $6.80 after the company reported better-than-expected first-quarter EPS and sales and issued strong guidance.</li>
<li>Patterson Companies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDCO#NASDAQ">PDCO</a>) surged 34% to $30.98 after the company announced it entered into a definitive agreement to be acquired by Patient Square Capital.</li>
<li>Rezolve AI Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RZLV#NASDAQ">RZLV</a>) gained 18.6% to $2.2892.</li>
<li>Destiny Tech100 Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DXYZ#NASDAQ">DXYZ</a>) surged 17.3% to $71.95.</li>
<li>FIGS, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIGS#NYSE">FIGS</a>) rose 17.3% to $6.02 following a WSJ report suggesting the company received a takeover offer from Story3 Capital Partners.</li>
<li>ReNew Energy Global Plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RNW#NASDAQ">RNW</a>) jumped 12.1% to $7.11 after the company announced it received $7.07 share buyout proposal from a consortium including Masdar, CPP Investments, ADIA and founder Sumant Sinha to acquire the remaining share capital.</li>
<li>Frontier Group Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULCC#NASDAQ">ULCC</a>) surged 11.6% to $6.70. Deutsche Bank analyst Michael Linenberg upgraded Frontier Group from Hold to Buy and raised the price target from $6 to $8.</li>
<li>GameStop Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) gained 10.2% to $29.68 following quarterly results.</li>
<li>Roblox Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBLX#NYSE">RBLX</a>) jumped 7.7% to $60.57.</li>
<li>Powell Industries, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POWL#NASDAQ">POWL</a>) rose 7.5% to $268.58. Roth MKM analyst Chip Moore initiated coverage on Powell Industries with a Buy rating and announced a price target of $312.</li>
<li>GE Vernova Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>) gained 5.7% to $346.12 after the company issued FY24 and FY25 revenue guidance.</li>
</ul>
Now Read This: &lt;a href=&#8221;https://www.benzinga.com/news/24/04/38316287/netflix-earnings-are-imminent-these-most-accurate-analysts-revise-forecasts-ahead-of-earnings-call&#8221;&gt;&lt;em&gt; Netflix Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call&lt;/em&gt;&lt;/a&gt;

Long Ideas

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Photronics Posts Upbeat Results, Joins Stitch Fix, Patterson Companies And Other Big Stocks Moving Higher On Wednesday

WIIM

Photronics shares are trading higher after the company reported better-than-expected Q4 financial results and issued Q1 revenue guidance with its midpoint above estimates.

Photronics, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAB#NASDAQ">PLAB</a>) stock gained Wednesday after <a target="_blank" href="https://www.benzinga.com/pressreleases/24/12/g42432675/photronics-reports-full-year-and-fourth-quarter-fiscal-2024-results" rel="noreferrer noopener">fourth-quarter print</a>.
The company reported adjusted EPS of 59 cents, beating the <a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">Wall Street view of 52 cents</a>.&nbsp;
Photronics reported quarterly revenues of $222.63 million, down 2% year-over-year. Sales beat the analyst consensus of $218.00 million. The revenue grew by 6% Q/Q.
Also Read: <a target="_blank" href="https://www.benzinga.com/24/12/42396941/broadcom-likely-for-upside-backed-by-ai-pipeline-market-recovery-vmware-synergy-as-key-ai-semiconductor-and-custom-chip-supplier" rel="noreferrer noopener">Broadcom Likely For Upside Backed By AI Pipeline, Market Recovery, VMWare Synergy: Analyst</a>
Integrated Circuits (IC) revenue was $163.7 million, down 1% year-over-year.&nbsp;The revenue grew by 5% Q/Q. Flat Panel Displays (FPD) revenue was $58.9 million, down 7% from&nbsp;the same quarter last year. The revenue grew by 7% Q/Q.
Photronics said operating cash flow was $68.4 million in the quarter under review, and&nbsp;cash&nbsp;invested in organic growth through capital expenditures was $43.2 million.
The company's cash and short-term investments balance at&nbsp;the end of the quarter was $640.7 million, with $18.0 million in debt.
CEO Frank Lee credited the sequential revenue growth to higher sales in both IC and FPD. IC growth was driven by strong high-end sales, particularly in the U.S., while FPD was led by mainstream demand, he noted. Photomask demand trends will continue into 2025, driven by megatrends such as AI, supply chain regionalization, and edge computing, Lee added.
Outlook: For the first quarter, Photronics expects revenue of $208 million &#8211; $216 million (<a href="https://www.benzinga.com/calendars/guidance" target="_blank" rel="noreferrer noopener">estimate: $210 million</a>). The company expects adjusted EPS of $0.43 &#8211; $0.49 (estimate: $0.46).
Photronics&nbsp;stock plunged 18% year-to-date as the company failed to meet the revenue and EPS consensus estimates in the last three successive quarters. Market softness in some segments <a target="_blank" href="https://www.benzinga.com/pressreleases/24/08/g40621004/photronics-reports-third-quarter-fiscal-2024-results-and-share-repurchase-authorization" rel="noreferrer noopener">affected photomask demand</a>. Additionally, broader customer focus on rising semiconductor channel inventory limited chip design activity.
Price Action:&nbsp;PLAB stock is up 9.79% to $27.80 premarket at last check Wednesday.&nbsp;
Also Read:
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<li><a href="https://www.benzinga.com/trading-ideas/movers/24/12/42395322/warner-bros-discovery-stock-soars-after-multi-year-deal-with-comcast-comcast-shares-slide-on-subscriber-loss-estimates" target="_blank" rel="noreferrer noopener">Warner Bros Discovery Stock Soars After Multi-Year Deal with Comcast; Comcast Shares Slide On Subscriber Loss Estimates</a></li>
</ul>

Earnings

Equities

Guidance

Photronics Q4 Earnings: Beats Expectations, CEO Credits Strong US Sales, 2025 Backed By AI, Edge Computing, And Supply Chain Trends

Earnings Beats

Earnings Misses

Photronics FY 2024 Adj. EPS $2.05 Misses $2.08 Estimate, Sales $866.946M Beat $862.318M Estimate

For the first quarter of fiscal 2025, Photronics expects Revenue to be between $208 million and $216 million and non-GAAP Net income attributable to Photronics, Inc. shareholders to be between $0.43 and $0.49 per diluted share.

Photronics Expects Q1 Revenue Of $208M-$216M Vs $210M Est, Adj EPS Of $0.43-$0.49 Vs $0.45 Est

Photronics Q4 Adj EPS $0.59 Beats $0.52 Estimate, Sales $222.63M Beat $218.00M Estimate

<h3>Companies Reporting Before The Bell</h3>
• Vera Bradley (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRA#NASDAQ">VRA</a>) is likely to report quarterly earnings at $0.06 per share on revenue of $98.70 million. 
• REV Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/REVG#NYSE">REVG</a>) is expected to report quarterly earnings at $0.49 per share on revenue of $603.33 million. 
• Macy's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/M#NYSE">M</a>) is projected to report quarterly earnings at $0.03 per share on revenue of $4.72 billion. 
• Cognyte Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGNT#NASDAQ">CGNT</a>) is expected to report quarterly loss at $0.04 per share on revenue of $87.42 million. 
• Kanzhun (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BZ#NASDAQ">BZ</a>) is estimated to report quarterly earnings at $0.22 per share on revenue of $266.36 million. 
• Photronics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAB#NASDAQ">PLAB</a>) is likely to report quarterly earnings at $0.52 per share on revenue of $218.00 million. 
• Waterdrop (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WDH#NYSE">WDH</a>) is estimated to report earnings for its third quarter. 
<h3>Companies Reporting After The Bell</h3>
• Nordson (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDSN#NASDAQ">NDSN</a>) is projected to report quarterly earnings at $2.59 per share on revenue of $736.79 million. 
• Oxford Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXM#NYSE">OXM</a>) is estimated to report quarterly earnings at $0.09 per share on revenue of $316.83 million. 
• Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) is estimated to report quarterly earnings at $4.66 per share on revenue of $5.54 billion. 
• Champions Oncology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSBR#NASDAQ">CSBR</a>) is likely to report quarterly earnings at $0.01 per share on revenue of $13.05 million. 
• 17 Education &amp; Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YQ#NASDAQ">YQ</a>) is estimated to report earnings for its third quarter. 
• Kewaunee Scientific (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KEQU#NASDAQ">KEQU</a>) is estimated to report earnings for its second quarter. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Earnings Scheduled For December 11, 2024

Photronics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAB#NASDAQ">PLAB</a>) will release its quarterly earnings report on Wednesday, 2024-12-11. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Photronics to report an earnings per share (EPS) of $0.52.
Photronics bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Performance in Previous Earnings</h3>
Last quarter the company missed EPS by $0.05, which was followed by a 3.77% increase in the share price the next day.
Here's a look at Photronics's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.56</td>
<td>0.55</td>
<td>0.49</td>
<td>0.53</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.51</td>
<td>0.46</td>
<td>0.48</td>
<td>0.60</td>
</tr>
<tr>
<td>Price Change %</td>
<td>4.0%</td>
<td>-2.0%</td>
<td>-0.0%</td>
<td>11.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1733839302_0.png" alt="eps graph" />
<h3>Tracking Photronics's Stock Performance</h3>
Shares of Photronics were trading at $25.83 as of December 09. Over the last 52-week period, shares are down 1.56%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release. 
<a href="https://www.benzinga.com/quote/PLAB/earnings">To track all earnings releases for Photronics visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insights into Photronics's Upcoming Earnings

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Shares of semiconductor stocks are trading lower amid overall market weakness. A drop in the price of NVIDIA may weigh down the sector.

General

Photronics shares are trading lower after the company reported worse-than-expected Q3 financila results and issued Q4 revenue guidance with its midpoint below estimates. Also, the company issued Q4 adjusted EPS guidance with its midpoint below estimates.

Fourth Quarter Fiscal 2024 Guidance
For the fourth quarter of fiscal 2024, Photronics expects Revenue to be between $213 million and $221 million and non-GAAP Net income attributable to Photronics, Inc. shareholders to be between $0.48 and $0.54 per diluted share.

Photronics Expects Q4 Revenue Of $213M-$221M Vs $220M Est, Adj EPS Of $0.48-$0.54 Vs $0.54 Est

Share Repurchase
In addition, the Board of Directors has authorized an increase of the Company's existing share repurchase program from the $31.7 million remaining up to a total of $100 million of its common stock. Any purchases will occur pursuant to a repurchase plan under SEC Rule 10b5-1.

Buybacks

Photronics Board Approves $100 Million Share Repurchase Plan, Up From $31.7 Million

Photronics Q3 2024 Adj. EPS $0.51 Misses $0.56 Estimate, Sales $210.984M Miss $225.000M Estimate

<h3>Gainers</h3>
<ul>
<li>Broadcom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) stock rose 9.6% to $1638.5 during Wednesday's after-market session. The company's market cap stands at $759.3 billion. The company's, Q2 earnings came out today. </li>
<li>Telos (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLS#NASDAQ">TLS</a>) shares rose 4.9% to $4.28. The company's market cap stands at $307.1 million. </li>
<li>My Size (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MYSZ#NASDAQ">MYSZ</a>) shares moved upwards by 4.4% to $3.08. The market value of their outstanding shares is at $2.7 million. </li>
<li>Maxeon Solar Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAXN#NASDAQ">MAXN</a>) shares increased by 4.32% to $1.69. The market value of their outstanding shares is at $92.7 million. </li>
<li>Ondas Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ONDS#NASDAQ">ONDS</a>) shares rose 4.08% to $0.9. The company's market cap stands at $59.6 million. </li>
<li>Evolv Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVLV#NASDAQ">EVLV</a>) shares rose 3.75% to $2.49. The company's market cap stands at $388.6 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Spectaire Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPEC#NASDAQ">SPEC</a>) shares decreased by 7.2% to $0.43 during Wednesday's after-market session. The company's market cap stands at $8.0 million. </li>
<li>Inuvo (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/INUV#AMEX">INUV</a>) stock decreased by 7.2% to $0.24. The market value of their outstanding shares is at $33.6 million. </li>
<li>Photronics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAB#NASDAQ">PLAB</a>) shares fell 5.88% to $25.0. The company's market cap stands at $1.5 billion. </li>
<li>Soluna Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLNH#NASDAQ">SLNH</a>) stock fell 5.63% to $3.19. The company's market cap stands at $12.5 million. </li>
<li>X3 Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XTKG#NASDAQ">XTKG</a>) shares declined by 4.28% to $0.63. The company's market cap stands at $173.9 million. </li>
<li>Actelis Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASNS#NASDAQ">ASNS</a>) stock fell 4.01% to $1.44. The market value of their outstanding shares is at $4.8 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ASNS

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INUV

Maxeon Solar Technologies, Ltd. - Ordinary Shares

MAXN

MYSZ

ONDS

SLNH

SPEC

XTKG

12 Information Technology Stocks Moving In Wednesday's After-Market Session

<a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/810136/000114036124029883/ef20031076_8k.htm" title="https://www.sec.gov/ix?doc=/Archives/edgar/data/810136/000114036124029883/ef20031076_8k.htm">https://www.sec.gov/ix?doc=/Archives/edgar/data/810136/000114036124029883/ef20031076_8k.htm</a>

Management

Photronics Places Richelle E. Burr, Executive VP, Chief Administrative Officer, General Counsel & Secretary, On Paid Administrative Leave During Pendency Of Ongoing Internal Review Regarding Co. Transactions And Other Matters - Filing

<a href="https://www.globenewswire.com/Tracker?data=BxVaQqS-EEAZwB1dJzli7QHJcWNJqcO6GbrxLl811FHfZkvPEHxLwufpzYe1aXIHovnU7X3gZ0YH8Dt3CcavEA7SEI-U-CSxOYZebv8Yf50MCkqcWopqL2CtsEIEGmnD">Photronics, Inc.</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAB#NASDAQ">PLAB</a>), a worldwide leader in photomask technologies and solutions, today announced that Eric Rivera, has been promoted to chief financial officer, effective immediately. Eric previously held the role of interim CFO since February 2024 and served as chief accounting officer since 2020.

Photronics Appoints Eric Rivera As Chief Financial Officer, Effective Immediately

Photronics Non-GAAP EPS of $0.59, revenue of $222.63M

Earnings Snapshot: Photronics revenue Q4 revenue down 2% Y/Y to $222.6M, issues Q1 outlook

Photronics, Inc. 2024 Q4 - Results - Earnings Call Presentation

Earnings Snapshot: Photronics FQ4 revenue down 2% Y/Y to $222.6M, issues Q1 outlook

Check out this morning's top movers from around Wall Street, compiled by The Fly. UP AFTER EARNINGS – Photronics (PLAB) up 14% REV Group (REVG) up ...

Morning Movers: Macy's slips following third quarter results

Photronics Inc. (PLAB) Q4 2024 Earnings Call Transcript

Photronics ( ($PLAB) ) has released its Q4 earnings. Here is a breakdown of the information Photronics presented to its investors. Photronics, Inc....

Photronics Reports 2024 Financial Performance

The increasing tech adoption, coupled with new advancements, is driving solid growth for the industry. Given the industry's rosy outlook, quality tech stocks HP (HPQ), Jabil (JBL), and Photronics (PLAB) with low P/E ratios could be ideal buys. Keep reading... The technology industry's prospects are robust, owing to the consistent innovations and advancements, offering enhanced efficiency and productivity. Companies are increasingly investing in exploring the potential of technologies like AI and cloud-based solutions, which favorably position the market for growth.
Amid this backdrop, investors could consider investing in fundamentally sound tech stocks HP Inc. (<a href="https://stocknews.com/stock/HPQ/">HPQ</a>), Jabil Inc. (<a href="https://stocknews.com/stock/JBL/">JBL</a>), and Photronics, Inc. (<a href="https://stocknews.com/stock/PLAB/">PLAB</a>) with low PE ratios.
Technology is evolving at an accelerating pace, revolutionizing various industries and operations and enhancing products and services. Every now and then, new advancements are introduced to cater to the shifting consumer demands and requirements as consumers want the latest technologies for their work, houses, convenience, and lifestyles.
Technologies like generative AI, robotics, Artificial Intelligence (AI), cloud computing, IoT tech services, and virtual and augmented reality are some of the advances that have significantly impacted modern world. Companies are further investing in technology for the future. <a href="https://www.gartner.com/en/newsroom/press-releases/2024-10-23-gartner-forecasts-worldwide-it-spending-to-grow-nine-point-three-percent-in-2025">Gartner projects worldwide IT spending</a> to total $5.74 trillion in 2025, up 9.3% from 2024.
With this, the generative AI market is projected to reach $36.06 billion in 2024. The market is expected to grow to $356.10 billion by 2030 <a href="https://www.statista.com/outlook/tmo/artificial-intelligence/generative-ai/worldwide">at a CAGR of 46.5%</a>. In global comparison, the United States market is expected to be the largest market, with $11.66 billion in 2024.
Trends including <a href="https://www.weforum.org/publications/top-10-emerging-technologies-2024/digest/">AI for scientific discoveries</a>, privacy-focused technologies, RPAs, blockchain, integrated sensing and communication, and genomics for transplants are contributing to the growth and will shape the market's future expansion.
Therefore, with the technology industry poised for continued growth, investors could lean towards tech stocks with low <a href="https://www.investopedia.com/terms/p/price-earningsratio.asp">P/E ratios</a> to benefit from the wave of tech revolutions. So, let us delve deeper into the stocks mentioned above.
HP Inc. (<a href="https://stocknews.com/stock/HPQ/">HPQ</a>)
HPQ is an international technology company that offers personal computing and other digital access devices, imaging and printing products, and related technologies, solutions, and services. It operates across three segments: Personal Systems; Printing; and Corporate Investments.
In terms of forward non-GAAP P/E, HPQ's 10.18x is 60.6% lower than the industry average of 25.80x. Similarly, the stock's forward EV/EBITDA multiple of 7.81 is 50% lower than the 15.60 industry average. Further, its forward <a href="https://www.investopedia.com/ask/answers/032515/what-considered-favorable-price-sales-ratio.asp#:~:text=The%20Price%2Dto%2DSales%20Ratio,to%20deliver%20%241%20of%20revenue.">Price/Sales</a> of 0.64x is 80.3% lower than the industry average of 3.24x.
On October 30, HPQ announced a new HP Amplify program for partners, HP Amplify AI. It is a customizable program designed to enhance partner capabilities in achieving positive AI outcomes, offering AI guidance, tools, resources, training, and certification.
The company also announced other enhancements, which included new AI-powered tools, refreshed HP Future Ready AI MasterClass content in multiple languages, and global expansion of the HP Business Partner Program.
On September 25, HPQ acquired Vyopta, an Austin-based provider of collaboration management solutions. The acquisition brought extensive expertise and infrastructure to turbocharge the development of HPQ's workforce experience platform and offer more insights and capabilities to customers.
During the fourth quarter that ended October 31, 2024, HPQ's total net revenue rose 4% from the prior quarter to $14.06 billion. The company's non-GAAP earnings from operations of $1.20 billion indicate growth of 10.2% from the quarter-ago value.
Furthermore, the company's non-GAAP net earnings came in at $900 million or 0.93 per share, up 9.9% and 12% quarter-on-quarter, respectively.
For the fiscal 2025 first quarter, HPQ projects non-GAAP net EPS to be in the range of $0.70 to $0.76. For the full fiscal 2025, the company expects non-GAAP net EPS between $3.45 and $3.75.
Analysts expect HPQ's revenue for the second quarter (ending April 2025) to increase 1.9% year-over-year to $13.05 billion, while the company's EPS for the same quarter is expected to grow 4.2% year-over-year to $0.85. Also, HPQ topped the consensus revenue estimates in three of the trailing four quarters.
Shares of HPQ have surged 3.2% over the past six months and 25.5% over the past year to close the last trading session at $36.45.
HPQ's solid outlook is reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
HPQ has a B grade for Value, Momentum, and Quality. Within the B-rated <a href="https://stocknews.com/category/technology-hardware/">Technology - Hardware</a> industry, HPQ is ranked #8 out of 40 stocks.
<a href="https://stocknews.com/stock/HPQ/">Click here</a> to access additional HPQ ratings for Sentiment, Growth, and Stability.
Jabil Inc. (<a href="https://stocknews.com/stock/JBL/">JBL</a>)
JBL provides manufacturing services and solutions globally. The company operates in two segments: Electronics Manufacturing Services and Diversified Manufacturing Services. It provides electronics design, production, and product management services, and electronic circuit design services.
JBL's forward non-GAAP P/E of 15.55x is 39.7% lower than the 25.80x industry average. Similarly, the stock's forward Price/Sales and Price/Book of 0.56x and 8.80x are considerably lower than the respective industry averages of 3.24x and 4.60x.
On November 14, JBL signed a MoU with the Gujarat state government, which took place in Gandhinagar in the presence of Gujarat Chief Minister Bhupendra Patel. The agreement follows a MoU signing with the Tamil Nadu state in September 2024. The MoUs reflect JBL's intentions to expand its footprint in India and explore long-term goals and opportunities.
Also, on November 12, JBL and Cyferd Inc., a pioneering AI company specializing in data technology, announced a joint venture, ID8 Global. The joint venture is aimed at introducing a generative AI-driven, autonomous supply chain, and procurement software platform to transform how industries manage complex logistics, procurement, and operations globally.
JBL reported net revenue of $28.88 billion for the fiscal year ended August 31, 2024 and its gross profit was $2.68 billion for the same year. The company's operating income grew 31% from the year-ago value to $2.01 billion. Also, the company's adjusted free cash flow rose 2.8% year-over-year to $1.06 billion.
Furthermore, net income and EPS attributable to JBL amounted to $1.39 billion and $11.17, reflecting increases of 69.7% and 85.5% from the prior year, respectively.
As per the first quarter fiscal 2025 outlook, JBL expects net revenue of $6.30 billion to $6.90 billion, and its core operating income is expected to be $304 million to $364 million. Also, its core earnings per share is set at $1.65 - $2.05.
For the full fiscal 2025, the company projects a net revenue of $27 billion, and core EPS is expected to be $8.65. Its adjusted free cash flow is forecasted at $1.20 billion.
Analysts expect JBL's revenue and EPS for the third quarter (ending May 2025) to increase 0.7% and 20.1% year-over-year to $6.81 billion and $2.27, respectively. Moreover, the company topped the consensus EPS and revenue estimates in three of the trailing four quarters.
Shares of JBL have gained 15.3% over the past six months and 17.2% over the past year to close the last trading session at $135.19.
JBL's sound fundamentals are reflected in its POWR Ratings. The stock has an overall rating of A, which translates to a Strong Buy in our proprietary rating system.
The stock has an A grade for Momentum. It also has a B grade for Value, Growth, Quality, and Sentiment. Within the B-rated <a href="https://stocknews.com/category/technology-services/">Technology - Services</a> industry, JBL is ranked #5 of 78 stocks.
<a href="https://stocknews.com/stock/JBL/">Click here</a> to access all ratings of JBL.
Photronics, Inc. (<a href="https://stocknews.com/stock/PLAB/">PLAB</a>)
PLAB is engaged in the manufacture and sale of photomask products and services internationally. The company 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.
In terms of forward non-GAAP P/E, PLAB is trading at 12.18x, 52.8% lower than the industry average of 25.80x. Also, the stock's forward EV/EBIT multiple of 6.14 is 71.8% lower than the industry average of 21.73. Further, its forward Price/Sales of 1.86x is 42.6% lower than the industry average of 3.24x.
During the third quarter that ended July 28, 2024, PLAB reported revenue of $210.98 million, and its gross profit came in at $75.14 million. Also, net income attributable to PLAB was $34.39 million, up 27.6% year-over-year. The company's EPS grew 25% from the year-ago value to $0.55.
In addition, as of July 28, 2024, the company's cash and cash equivalents stood at $537.33 million, compared to $499.29 million as of October 31, 2023.
According to the company's guidance for the fourth quarter of fiscal 2024, PLAB expects revenue between $213 million and $221 million. Also, it projects non-GAAP net income attributable to PLAB shareholders to range from $0.48 to $0.54 per share.
Street expects PLAB's revenue for the second quarter (ending April 2025) to grow 6% year-over-year to $230 million and its EPS is expected to grow 15.2% year-over-year to $0.53 for the same quarter. For the fiscal year (ending October 2025), the company's revenue and EPS are expected to increase 9% and 5.8% from the prior year to $940 million and $2.20, respectively.
Over the past month, PLAB's stock has surged 8.4% and 20.9% over the past year to close the last trading session at $25.34.
PLAB's POWR Ratings reflect its bright prospects. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
PLAB has a B grade for Value and Quality. It is ranked #3 out of 90 stocks in the <a href="https://stocknews.com/category/semiconductor-wireless-chip/">Semiconductor &amp; Wireless Chip</a> industry.
In addition to the POWR Ratings we've stated above, we also have PLAB's other ratings for Momentum, Stability, Sentiment, and Growth. Get all PLAB ratings <a href="https://stocknews.com/stock/PLAB/">here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
HPQ shares were trading at $36.71 per share on Tuesday afternoon, up $0.26 (+0.71%). Year-to-date, HPQ has gained 25.08%, versus a 28.02% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rjkumari Saxena</h2> <img src='https:/wp-content/uploads/2024/04/Rajkumari-Saxena_Image-1.jpeg' style="float:left; padding:5px;width:125px;">Rajkumari started her career as a writer but gradually shifted her focus to financial journalism, leveraging her educational background in Commerce. Fascinated by the interplay of business and economic shifts in equities, she aspires to evolve as an analyst. With a knack for simplifying complex financial concepts, her mission is to empower investors with insights that lead to profitable decisions.<a href="https://stocknews.com/authors/?author=rajkumari-saxena">More...</a>The post <a href=https://stocknews.com/news/hpq-jbl-plab-top-3-tech-stocks-with-low-p-e-ratios-to-buy/>Top 3 Tech Stocks With Low P/E Ratios to Buy Now</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

Top 3 Tech Stocks With Low P/E Ratios to Buy Now

Photronics ( ($PLAB) ) has shared an announcement. Photronics has expanded its Board of Directors from eight to nine members with the appointment o...

Photronics Expands Board with New Strategic Appointment

Photronics: A Hidden AI Growth Gem

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Press Releases

Photronics Reports Second Quarter Fiscal 2024 Results

Photronics Announces Chief Financial Officer Appointment

Photronics to Report Third Quarter Earnings

Photronics Reports Third Quarter Fiscal 2024 Results and Share Repurchase Authorization

Photronics Hires Christopher J. Lutzo as Vice President and General Counsel

Photronics to Report Fourth Quarter Earnings

Photronics Reports Full Year and Fourth Quarter Fiscal 2024 Results

Photronics Announces Participation in 13th Annual NYC Summit

Photronics Appoints New Board Member

Photronics Announces Participation in the  27th Annual Needham Growth Conference in NYC

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