How to Buy Photronics Stock
Photronics Inc
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 stock last closed at $20.88, down 0.14% from the previous day, and has increased 13.17% in one year. It has underperformed other stocks in the Semiconductor Equipment & Materials industry by 0.15 percentage points. Photronics stock is currently +50.65% from its 52-week low of $13.86, and -22.61% from its 52-week high of $26.98.
At the moment, there are 62.55M PLAB shares outstanding. The market capitalization of PLAB is $1.31B. In the last 24 hours, 291,069 PLAB shares were traded.
How to Buy Photronics Stock
Wondering how to invest in Photronics stock? Here's how.
- Decide where to buy Photronics stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you figure out where to buy Photronics stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Select your method of payment and add your details.
- Analyze Photronics stock: The Photronics ticker symbol is PLAB. Is Photronics stock a good investment? Should you buy shares of PLAB? How do PLAB's underlying business fundamentals look? Do top analysts think Photronics is a good buy? Why has PLAB's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if PLAB is a good stock to buy).
- Make your PLAB trade: Decide if you will purchase PLAB shares at the current market price or use a limit order to purchase PLAB stock at a given price.
- Get updates on your investment in PLAB: Create a watchlist to the latest updates on your new investment in Photronics stock.
Step 1: Decide where to buy Photronics stock
You will need a brokerage account in order to access the NASDAQ market and buy PLAB shares.
Our preferred brokerage: eToro
We believe that eToro is the best brokerage. eToro gives you:
- Invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
- Access to global financial markets: From Technology to Utilities, New York to Tokyo — you can fill your portfolio with stocks from the world's top stock exchanges.
- Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by opening an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen your brokerage, it's time to fill out some personal details so you can buy PLAB today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to open your new brokerage account.
- Submit your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have finished signing up on a investment app, you need to deposit funds:
Check out this video walkthrough to see the process of transferring funds into your new investment account.
Step 4: Analyze Photronics stock
Once you have identified the best place to buy Photronics stock, it's crucial to research their stock prior to buying, so you truly comprehend the risk as well as the opportunity.
Photronics shares at a glance
PLAB Due Diligence Checks
WallStreetZen was created to help part-time investors perform better fundamental analysis in less time.
You can view all of the due diligence checks on PLAB's stock page.
How is PLAB stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge PLAB's true value.
Using relative valuations methods:
- PLAB could be undervalued based on its P/E ratio of 10.82x, relative to Semiconductor Equipment & Materials industry P/E ratio of 28.97x
- PLAB may be undervalued based on its P/B ratio of 1.36x, relative to Semiconductor Equipment & Materials industry P/B ratio of 9.6x
- PLAB may be undervalued based on its PEG ratio of 0.49x
You can access additional valuation research on PLAB's stock here.
How do PLAB Financials look?
Pros:
- PLAB profit margin has gone up from 12.8% to 13.5% in the past year.
- There are more short-term assets than long-term liabilities on the PLAB balance sheet.
- PLAB has a low debt to equity ratio of 0.26.
- There are more short-term assets than short-term liabilities on the PLAB balance sheet.
- PLAB earnings of $184.71M is not sufficient to cover its interest payments.
- PLAB's operating cash flow of $274.82M allows it to safely service it's debt of $26.71M.
Cons:
- Total PLAB debt is higher than 5 years ago, relative to shareholder equity.
PLAB Technical Indicators
PLAB Performance Numbers
Last year, PLAB earnings were $117.93M. Over the last 5 year, PLAB's earnings have increased by 30.5% per year. This was faster than the Semiconductor Equipment & Materials industry average of 21.66%.
Last year, PLAB revenue was $874.87M. In the past 5 year, PLAB's revenue has gone up by 11.33% per year. This was slower than the Semiconductor Equipment & Materials industry average of 15.44%.
Dig into PLAB's earnings and revenue performance here.
Latest Insiders Trades at PLAB
Over the last year, insiders at PLAB have sold more shares than they have bought.
Kang Jyh Lee, CHIEF EXECUTIVE OFFICER of PLAB, was the latest PLAB insider to buy. They bought $265,800.00 worth of PLAB shares on Nov 29, 2023.
Learn more about who owns PLAB shares here.
Can I get consistent income from PLAB stock?
No, Photronics doesn't provide an income stream by paying out dividends.
What others are saying about PLAB
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your PLAB trade
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly fine for most investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a particular price, place a limit order.
Hit the Open Trade button and eToro will place your order.
If you need more assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Get updates on your investment in PLAB
Now that you own some PLAB stock, you'll want to keep up with your new shares.
Add PLAB to a watchlist to see the latest developments about your PLAB stock.
PLAB Feed
How to Buy Stock in Photronics
To summarize, here are the 6 steps you need to take to buy Photronics stock right now:
- Decide where to buy Photronics stock
- Create your brokerage account
- Deposit funds into your investment account
- Analyze Photronics stock
- Make your PLAB trade
- Get updates on your investment in PLAB
If you require a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to watch your investment in Photronics, click the button below.
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