The Meet Group, Inc. (MEET) Forms $2.97 Double Bottom; Photronics (PLAB) Sentiment Is 1.4

Photronics, Inc., together with its subsidiaries, makes and sells photomasks in Taiwan, Korea, the United States, Europe, and internationally. The company has market cap of $586.95 million. The firm offers photomasks, which are high precision photographic quartz plates containing microscopic images of electronic circuits for use in the manufacture of semiconductors and flat panel displays , as well as that are used as masters to transfer circuit patterns onto semiconductor wafers and flat panel substrates during the fabrication of integrated circuits, FPDs, and other types of electrical and optical components. It has a 44.74 P/E ratio. It sells its products to semiconductor or FPD designers, manufacturers, and foundries, as well as to other high performance electronics manufacturers through its sales personnel and customer service representatives.

The Meet Group, Inc. (MEET) formed double bottom with $2.73 target or 8.00% below today’s $2.97 share price. The Meet Group, Inc. (MEET) has $213.26 million valuation. It closed at $2.97 lastly. It is down 40.79% since December 29, 2016 and is uptrending. It has outperformed by 24.09% the S&P500.

Aegis Financial Corp holds 3.11% of its portfolio in Photronics, Inc. for 248,202 shares. Needham Investment Management Llc owns 523,750 shares or 1.17% of their US portfolio. Moreover, Perritt Capital Management Inc has 1.1% invested in the company for 471,950 shares. The New York-based Donald Smith & Co. Inc. has invested 1.01% in the stock. Piermont Capital Management Inc., a Missouri-based fund reported 161,880 shares.

Ratings analysis reveals 0 of Photronics’s analysts are positive. Out of 2 Wall Street analysts rating Photronics, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. PLAB was included in 2 notes of analysts from November 11, 2016. The firm earned “Hold” rating on Friday, November 11 by Needham. On Friday, November 11 the stock rating was downgraded by Stifel Nicolaus to “Hold”.

Since January 1, 0001, it had 0 insider purchases, and 5 sales for $300,457 activity.

Analysts await Photronics, Inc. (NASDAQ:PLAB) to report earnings on February, 21. They expect $0.05 EPS, up 66.67% or $0.02 from last year’s $0.03 per share. PLAB’s profit will be $3.45M for 42.50 P/E if the $0.05 EPS becomes a reality. After $0.08 actual EPS reported by Photronics, Inc. for the previous quarter, Wall Street now forecasts -37.50% negative EPS growth.

The stock decreased 0.58% or $0.05 during the last trading session, reaching $8.5. About 442,613 shares traded. Photronics, Inc. (PLAB) has risen 13.48% since December 29, 2016 and is uptrending. It has underperformed by 3.22% the S&P500.

Analysts await The Meet Group, Inc. (NASDAQ:MEET) to report earnings on March, 5. They expect $0.06 earnings per share, down 64.71% or $0.11 from last year’s $0.17 per share. MEET’s profit will be $4.31M for 12.38 P/E if the $0.06 EPS becomes a reality. After $0.09 actual earnings per share reported by The Meet Group, Inc. for the previous quarter, Wall Street now forecasts -33.33% negative EPS growth.

Among 7 analysts covering MeetMe Inc (NASDAQ:MEET), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. MeetMe Inc has $10 highest and $4.0 lowest target. $5.88’s average target is 97.98% above currents $2.97 stock price. MeetMe Inc had 22 analyst reports since October 28, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, October 28 by TH Capital. The stock has “Buy” rating by Roth Capital on Wednesday, August 9. The firm has “Buy” rating by Roth Capital given on Friday, June 16. As per Wednesday, July 19, the company rating was maintained by Roth Capital. The company was maintained on Thursday, November 9 by Northland Capital. Roth Capital initiated The Meet Group, Inc. (NASDAQ:MEET) on Wednesday, October 28 with “Buy” rating. JMP Securities maintained it with “Market Outperform” rating and $6 target in Monday, August 7 report. The rating was initiated by Loop Capital on Friday, August 26 with “Buy”. Roth Capital maintained it with “Buy” rating and $9.2500 target in Tuesday, May 30 report. The stock of The Meet Group, Inc. (NASDAQ:MEET) earned “Buy” rating by Topeka Capital Markets on Tuesday, January 26.