Photronics Inc (PLAB) Files 10-K for the Fiscal Year Ended on October 31, 2018

Photronics Inc (PLAB, Financial) files its latest 10-K with SEC for the fiscal year ended on October 31, 2018. Photronics Inc is principally engaged in manufacturing photomasks which are used as masters to transfer circuit patterns onto semiconductor wafers and flat panel substrates. Photronics Inc has a market cap of $627.820 million; its shares were traded at around $9.18 with a P/E ratio of 15.30 and P/S ratio of 1.25. Photronics Inc had annual average EBITDA growth of 2.10% over the past five years.

For the last quarter Photronics Inc reported a revenue of $144.7 million, compared with the revenue of $121.0 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $535.3 million, an increase of 18.8% from last year. For the last five years Photronics Inc had an average revenue growth rate of 3.1% a year.

The reported diluted earnings per share was 59 cents for the year, an increase of 210.5% from previous year. Over the last five years Photronics Inc had an EPS growth rate of 3.7% a year. The Photronics Inc had a decent operating margin of 12.26%, compared with the operating margin of 7.07% a year before. The 10-year historical median operating margin of Photronics Inc is 9.15%. The profitability rank of the company is 7 (out of 10).

At the end of the fiscal year, Photronics Inc has the cash and cash equivalents of $329.3 million, compared with $308.0 million in the previous year. The company had no long term debt, compared with $57.3 million in the previous year. The interest coverage to the debt is at a comfortable level of 14.3. Photronics Inc has a financial strength rank of 6 (out of 10).

At the current stock price of $9.18, Photronics Inc is traded at close to its historical median P/S valuation band of $8.60. The P/S ratio of the stock is 1.25, while the historical median P/S ratio is 1.18. The stock gained 6.67% during the past 12 months.

Directors and Officers Recent Trades:

  • VP, General Counsel & Secy Richelle E Burr sold 2,000 shares of PLAB stock on 12/03/2018 at the average price of $9.8. The price of the stock has decreased by 6.33% since.
  • VP, Chief Technology Officer Christopher J Progler sold 2,800 shares of PLAB stock on 12/03/2018 at the average price of $9.8. The price of the stock has decreased by 6.33% since.
  • Director Mitchell G Tyson sold 1,950 shares of PLAB stock on 11/27/2018 at the average price of $9.73. The price of the stock has decreased by 5.65% since.

For the complete 20-year historical financial data of PLAB, click here.