News articles about Nanometrics (NASDAQ:NANO) have trended somewhat positive on Saturday, according to Accern Sentiment. The research group rates the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Nanometrics earned a coverage optimism score of 0.06 on Accern’s scale. Accern also assigned media coverage about the semiconductor company an impact score of 46.6673481185041 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the headlines that may have effected Accern Sentiment’s scoring:
- Nanometrics Incorporated (NANO) Expected to Announce Earnings of $0.28 Per Share (americanbankingnews.com)
- Nanometrics (NANO) and Entegris (ENTG) Financial Contrast (americanbankingnews.com)
- Timothy J. Stultz Sells 20,000 Shares of Nanometrics Incorporated (NASDAQ:NANO) Stock (americanbankingnews.com)
- Optical Metrology Market to Grow at a Remarkable Pace in the Coming Years (openpr.com)
Nanometrics (NANO) opened at 25.27 on Friday. Nanometrics has a 52 week low of $18.65 and a 52 week high of $32.42. The firm has a market capitalization of $644.26 million, a price-to-earnings ratio of 13.44 and a beta of 1.73. The firm has a 50-day moving average price of $26.26 and a 200 day moving average price of $27.62.
Nanometrics (NASDAQ:NANO) last announced its quarterly earnings results on Tuesday, August 1st. The semiconductor company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.31 by $0.01. The company had revenue of $64.43 million for the quarter, compared to analyst estimates of $66.37 million. Nanometrics had a return on equity of 12.81% and a net margin of 12.86%. Nanometrics’s revenue for the quarter was up 15.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.26 earnings per share. On average, equities research analysts forecast that Nanometrics will post $1.20 earnings per share for the current fiscal year.
NANO has been the topic of a number of recent analyst reports. Zacks Investment Research raised Nanometrics from a “hold” rating to a “buy” rating and set a $31.00 price objective on the stock in a research note on Friday, May 5th. Stifel Nicolaus cut their price objective on Nanometrics from $29.00 to $25.00 and set a “hold” rating on the stock in a research note on Wednesday, May 3rd. Benchmark Co. reaffirmed a “buy” rating and issued a $34.00 price objective (up from $30.00) on shares of Nanometrics in a research note on Wednesday, May 3rd. Finally, BidaskClub lowered Nanometrics from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, August 2nd. One research analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. Nanometrics has an average rating of “Buy” and a consensus target price of $31.50.
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In other news, CEO Timothy J. Stultz sold 20,000 shares of the firm’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $25.19, for a total transaction of $503,800.00. Following the sale, the chief executive officer now directly owns 300,651 shares in the company, valued at approximately $7,573,398.69. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Bruce C. Rhine sold 10,000 shares of the firm’s stock in a transaction dated Thursday, June 8th. The shares were sold at an average price of $29.47, for a total value of $294,700.00. Following the sale, the director now owns 736,561 shares in the company, valued at $21,706,452.67. The disclosure for this sale can be found here. Insiders have sold a total of 77,124 shares of company stock worth $2,055,399 over the last 90 days. Insiders own 6.70% of the company’s stock.
Nanometrics Company Profile
Nanometrics Incorporated is a provider of process control metrology and inspection systems used primarily in the fabrication of semiconductors and other solid-state devices, including sensors, optoelectronic devices, high-brightness (HB) light emitting diodes (LEDs), discretes and data storages components.
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