We're pleased to report that Photronics shareholders have received a total shareholder return of 30% over one year. Since the one-year TSR is better than the five-year TSR (the latter coming in at 12% per year), it would seem that the stock's performance has improved in recent times. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. It's always interesting to track share price performance over the longer term. But to understand Photronics better, we need to consider many other factors. For example, we've discovered 2 warning signs for Photronics (1 is significant!) that you should be aware of before investing here.