When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
PLAB - Photronics: Long-Term Contracts Provide Visibility Into 2024 Priced At 9x Free Cash Flow
Photronics Inc.
Photonics' Q3 2022 guidance will put its trailing twelve months' revenues ahead of its previously announced 2023 financial targets. The business is in top shape.
Photronics is well-positioned to benefit from widely reported chip shortages.
Photronics is highly free cash flow generative and holds a very clean balance sheet.
PLAB stock is priced at 9x its 2024 midpoint free cash flow guidance.