Shares of Small-cap technology company Photronics moved 2.8% this morning, and are now trading at $18.88 per share. On the other hand, the average analyst target price for the stock is $23.0.
Photronics, Inc., together with its subsidiaries, engages in the manufacture and sale of photomask products and services in the United States, Taiwan, China, Korea, Europe, and internationally.
Potential Photronics Investors Should Analyze the Following:
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Photronics has moved -8.5% over the last year.
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The company has a price to earnings growth (PEG) ratio of 1.05. A number between 0 and 1 could mean that the market is undervaluing Photronics's estimated growth potential
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Its Price to Book (P/B) ratio is 1.25
Understanding Photronics's Operating Margins
| Date Reported | Total Revenue ($ k) | Operating Expenses ($ k) | Operating Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-10-31 | 824,549 | 82,347 | 25.69 | 80.28 |
| 2021-10-31 | 663,761 | 72,490 | 14.25 | 35.84 |
| 2020-10-31 | 609,691 | 70,726 | 10.49 | 10.77 |
| 2019-10-31 | 550,660 | 68,720 | 9.47 | n/a |
Over the last 4 years, Photronics's operating margins have averaged only 15.0%, with a high coefficient of variability of 49.6%. On the other hand, we note that the firm's margins are growing at a 28.3% compounded average yearly rate.
