Photronics Stock Analysis
| PLAB Stock | USD 34.57 0.71 2.01% |
Photronics holds a debt-to-equity ratio of 0.056. With a high degree of financial leverage come high-interest payments, which usually reduce Photronics' Earnings Per Share (EPS).
Asset vs Debt
Equity vs Debt
Photronics' liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. Photronics' cash, liquid assets, total liabilities, and shareholder equity can be utilized to evaluate how much leverage the Company is using to sustain its current operations. For traders, higher-leverage indicators usually imply a higher risk to shareholders. In addition, it helps Photronics Stock's retail investors understand whether an upcoming fall or rise in the market will negatively affect Photronics' stakeholders.
For most companies, including Photronics, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for Photronics, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, Photronics' management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Given that Photronics' debt-to-equity ratio measures a Company's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which Photronics is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of Photronics to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Photronics is said to be less leveraged. If creditors hold a majority of Photronics' assets, the Company is said to be highly leveraged.
Photronics is overvalued with Real Value of 27.11 and Hype Value of 34.57. The main objective of Photronics stock analysis is to determine its intrinsic value, which is an estimate of what Photronics is worth, separate from its market price. There are two main types of Photronics' stock analysis: fundamental analysis and technical analysis.
The Photronics stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Photronics' ongoing operational relationships across important fundamental and technical indicators.
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Photronics Stock Analysis Notes
About 94.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.78. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Photronics had not issued any dividends in recent years. The entity had 2:1 split on the 2nd of December 1997. Photronics, Inc., together with its subsidiaries, engages in the manufacture and sale of photomask products and services in the United States, Taiwan, Korea, Europe, China, and internationally. Photronics, Inc. was incorporated in 1969 and is based in Brookfield, Connecticut. Photronics operates under Semiconductor Equipment Materials classification in the United States and is traded on NASDAQ Exchange. It employs 1728 people. To find out more about Photronics contact the company at 203 775 9000 or learn more at https://www.photronics.com.Photronics Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Photronics' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Photronics or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| Photronics is way too risky over 90 days horizon | |
| Photronics appears to be risky and price may revert if volatility continues | |
| Over 94.0% of the company shares are owned by institutional investors |
Photronics Thematic Classifications
In addition to having Photronics stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
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Photronics Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.04 B.Photronics Profitablity
The company has Profit Margin (PM) of 0.16 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.24 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.24.Technical Drivers
As of the 1st of February, Photronics holds the Risk Adjusted Performance of 0.0902, coefficient of variation of 890.02, and Semi Deviation of 3.26. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Photronics, as well as the relationship between them.Photronics Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Triple Exponential Moving Average (T3) indicator is developed by Tim Tillson as Photronics price series composite of a single exponential moving average, a double exponential moving average and a triple exponential moving average.
Photronics Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Photronics insiders, such as employees or executives, is commonly permitted as long as it does not rely on Photronics' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Photronics insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Photronics Outstanding Bonds
Photronics issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Photronics uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Photronics bonds can be classified according to their maturity, which is the date when Photronics has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Photronics Predictive Daily Indicators
Photronics intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Photronics stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Photronics Forecast Models
Photronics' time-series forecasting models are one of many Photronics' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Photronics' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Photronics Debt to Cash Allocation
As Photronics follows its natural business cycle, the capital allocation decisions will not magically go away. Photronics' decision-makers have to determine if most of the cash flows will be poured back into or reinvested in the business, reserved for other projects beyond operational needs, or paid back to stakeholders and investors.
Photronics currently holds 207.23 M in liabilities with Debt to Equity (D/E) ratio of 0.06, which may suggest the company is not taking enough advantage from borrowing. Photronics has a current ratio of 3.37, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Photronics' use of debt, we should always consider it together with its cash and equity.Photronics Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Photronics' operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Photronics, which in turn will lower the firm's financial flexibility.Photronics Corporate Bonds Issued
Most Photronics bonds can be classified according to their maturity, which is the date when Photronics has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
About Photronics Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Photronics prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Photronics shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Photronics. By using and applying Photronics Stock analysis, traders can create a robust methodology for identifying Photronics entry and exit points for their positions.
Photronics, Inc., together with its subsidiaries, engages in the manufacture and sale of photomask products and services in the United States, Taiwan, Korea, Europe, China, and internationally. Photronics, Inc. was incorporated in 1969 and is based in Brookfield, Connecticut. Photronics operates under Semiconductor Equipment Materials classification in the United States and is traded on NASDAQ Exchange. It employs 1728 people.
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When running Photronics' price analysis, check to measure Photronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Photronics is operating at the current time. Most of Photronics' value examination focuses on studying past and present price action to predict the probability of Photronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Photronics' price. Additionally, you may evaluate how the addition of Photronics to your portfolios can decrease your overall portfolio volatility.
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