Photronics Stock Analysis

Photronics Stock Analysis Notes

About 94.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.77. 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

Photronics Upcoming and Recent Events

Photronics Largest EPS Surprises

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Photronics Environmental, Social, and Governance (ESG) Scores

Photronics Thematic Classifications

Photronics Stock Institutional Investors

Note, although Photronics' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Photronics Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.06 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.

Management Efficiency

Photronics has return on total asset (ROA) of 0.074 % which means that it generated a profit of $0.074 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1236 %, meaning that it created $0.1236 on every $100 dollars invested by stockholders. Photronics' management efficiency ratios could be used to measure how well Photronics manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.09. The current year's Return On Capital Employed is expected to grow to 0.18. At present, Photronics' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 1.1 B, whereas Non Currrent Assets Other are forecasted to decline to about 19.3 M.

Technical Drivers

As of the 8th of January, Photronics holds the Risk Adjusted Performance of 0.0903, coefficient of variation of 910.49, and Semi Deviation of 3.21. 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

Photronics Insider Trading Activities

Photronics Outstanding Bonds

Photronics Predictive Daily Indicators

Photronics Corporate Filings

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 Bond Ratings

Photronics financial ratings play a critical role in determining how much Photronics have to pay to access credit markets, i.e., the amount of interest on their issued debt. The threshold between investment-grade and speculative-grade ratings has important market implications for Photronics' borrowing costs.

Photronics Debt to Cash Allocation

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 Total Assets Over Time

Photronics Assets Financed by Debt

The debt-to-assets ratio shows the degree to which Photronics uses debt to finance its assets. It includes both long-term and short-term borrowings maturing within one year. It also includes both tangible and intangible assets, such as goodwill.

Photronics Debt Ratio

1.47

It appears most of the Photronics' assets are financed through equity. 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

Photronics Short Long Term Debt Total

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.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Photronics analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Photronics analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Photronics stock analysis indicators help investors evaluate how Photronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Photronics shares will generate the highest return on investment. By understating and applying Photronics stock analysis, traders can identify Photronics position entry and exit signals to maximize returns.

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.