Is Photronics Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 1 Wall Street analyst covering (NASDAQ: PLAB) stock is to Hold PLAB stock.
Out of 1 analyst, 0 (0%) are recommending PLAB as a Strong Buy, 0 (0%) are recommending PLAB as a Buy, 1 (100%) are recommending PLAB as a Hold, 0 (0%) are recommending PLAB as a Sell, and 0 (0%) are recommending PLAB as a Strong Sell.
What is PLAB's forecast return on equity (ROE) for 2023-2023?
(NASDAQ: PLAB) forecast ROE is 14.71%, which is considered weak.
What is PLAB's Price Target?
According to 1 Wall Street analyst that have issued a 1 year PLAB price target, the average PLAB price target is $21.00, with the highest PLAB stock price forecast at $21.00 and the lowest PLAB stock price forecast at $21.00.
The Wall Street analyst predicted that Photronics's share price could reach $21.00 by May 25, 2024. The average Photronics stock price prediction forecasts a potential upside of 8.14% from the current PLAB share price of $19.42.
What is PLAB's forecast return on assets (ROA) for 2023-2023?
(NASDAQ: PLAB) forecast ROA is 9.4%, which is lower than the forecast US Semiconductor Equipment & Materials industry average of 20.35%.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.