Photronics Stock Target Price and Analyst Consensus

PLAB Stock  USD 24.89  0.45  1.84%   
The current analyst and expert consensus on Photronics is Strong Buy, with only one strong buy opinion. The current projected Photronics target price consensus is 28.00 with 1 analyst opinions. Check out Macroaxis Advice on Photronics to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade Photronics Stock refer to our How to Trade Photronics Stock guide.
The most common way Photronics analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Photronics executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Photronics. We encourage you to use your own analysis of Photronics to validate this buy or sell advice. Photronics buy-or-sell recommendation module provides average expert sentiment on the projected Photronics target price to derive its highest and lowest estimates based on projected price volatility of 2.2925.
Lowest Forecast
25.48
Highest Forecast
31.08
Target Price
28
At present, Photronics' Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Pretax Profit Margin is expected to grow to 0.29, whereas Gross Profit Margin is forecasted to decline to 0.39. At present, Photronics' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 66.5 M, whereas Short and Long Term Debt Total is forecasted to decline to about 29 M.
  
It's important to approach Photronics' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Photronics price targets

Photronics' stock target price is an estimate of its future price, usually made by analysts. Using Photronics' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Photronics' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Photronics' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Photronics Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Photronics is a key component of Photronics valuation and have some predictive power on the future returns of a Photronics.
Hype
Prediction
LowEstimatedHigh
22.6524.9227.19
Details
Intrinsic
Valuation
LowRealHigh
23.9526.2228.49
Details
Naive
Forecast
LowNextHigh
20.9523.2325.50
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.520.520.52
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Photronics. Your research has to be compared to or analyzed against Photronics' peers to derive any actionable benefits. When done correctly, Photronics' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Photronics.

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When determining whether Photronics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Photronics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Photronics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Photronics Stock:
Check out Macroaxis Advice on Photronics to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade Photronics Stock refer to our How to Trade Photronics Stock guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Please note, the presentation of Photronics' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Photronics' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Photronics' management manipulating its earnings.