NASDAQ:NANO - Nanometrics Stock Price, News & Analysis

Nanometrics trades on the NASDAQ under the ticker symbol "NANO."

Nanometrics announced that its board has authorized a stock repurchase plan on Thursday, November 16th 2017, which allows the company to buyback $50,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board of directors believes its shares are undervalued.

Nanometrics Incorporated (NASDAQ:NANO) announced its quarterly earnings data on Tuesday, July, 30th. The semiconductor company reported $0.21 EPS for the quarter, meeting the Zacks' consensus estimate of $0.21. The semiconductor company earned $67.62 million during the quarter, compared to analysts' expectations of $65.38 million. Nanometrics had a net margin of 10.58% and a return on equity of 10.97%. Nanometrics's quarterly revenue was down 23.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.71 earnings per share. View Nanometrics' Earnings History.

Nanometrics is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for Nanometrics.

5 equities research analysts have issued twelve-month target prices for Nanometrics' stock. Their predictions range from $39.00 to $42.00. On average, they expect Nanometrics' share price to reach $40.40 in the next year. This suggests a possible upside of 39.6% from the stock's current price. View Analyst Price Targets for Nanometrics.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nanometrics in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Nanometrics.

Press coverage about NANO stock has been trending positive on Tuesday, InfoTrie reports. The research group identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Nanometrics earned a coverage optimism score of 2.6 on InfoTrie's scale. They also gave news headlines about the semiconductor company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Nanometrics.

Nanometrics saw a decrease in short interest during the month of July. As of July 31st, there was short interest totalling 1,937,900 shares, a decrease of 13.3% from the June 30th total of 2,234,000 shares. Based on an average trading volume of 248,400 shares, the short-interest ratio is currently 7.8 days. Currently, 8.6% of the shares of the company are short sold. View Nanometrics' Current Options Chain.

Some companies that are related to Nanometrics include Cubic (CUB), MTS Systems (MTSC), Oxford Instruments (OXINF), FARO Technologies (FARO), Geospace Technologies (GEOS), Sierra Monitor (SRMC), Midwest Energy Emissions (MEEC), Image Sensing Systems (ISNS), Know Labs (KNWN), Mechanical Technology (MKTY), Mikros Systems (MKRS) and Cemtrex (CETX).

Based on aggregate information from My MarketBeat watchlists, some companies that other Nanometrics investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Micron Technology (MU), Applied Materials (AMAT), Netflix (NFLX), AeroVironment (AVAV), Neurocrine Biosciences (NBIX), Square (SQ), Twitter (TWTR) and Cisco Systems (CSCO).

Nanometrics' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.27%), Vanguard Group Inc. (6.59%), Renaissance Technologies LLC (4.21%), Fisher Asset Management LLC (3.84%), Price T Rowe Associates Inc. MD (3.17%) and Peregrine Capital Management LLC (1.84%). Company insiders that own Nanometrics stock include Bruce C Rhine, Greg Swyt, J Thomas Bentley, Janet Therese Taylor, Jeff Andreson, Kevin Heidrich, Pierre-Yves Lesaicherre, Rollin Kocher, Stanislaw M Borowicz and Timothy J Stultz. View Institutional Ownership Trends for Nanometrics.

NANO stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Panagora Asset Management Inc., Wells Fargo & Company MN, Invesco Ltd., Fisher Asset Management LLC, Charles Schwab Investment Management Inc., D. E. Shaw & Co. Inc. and AQR Capital Management LLC. Company insiders that have sold Nanometrics company stock in the last year include Greg Swyt, Janet Therese Taylor, Pierre-Yves Lesaicherre, Rollin Kocher and Timothy J Stultz. View Insider Buying and Selling for Nanometrics.

NANO stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Parallel Advisors LLC, Intrinsic Edge Capital Management LLC, Peregrine Capital Management LLC, Nuveen Asset Management LLC, Bridge City Capital LLC, Morgan Stanley and Acadian Asset Management LLC. View Insider Buying and Selling for Nanometrics.

Shares of NANO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of NANO stock can currently be purchased for approximately $28.93.

Nanometrics has a market capitalization of $718.33 million and generates $324.52 million in revenue each year. The semiconductor company earns $57.65 million in net income (profit) each year or $2.37 on an earnings per share basis. Nanometrics employs 701 workers across the globe.View Additional Information About Nanometrics.

The official website for Nanometrics is http://www.nanometrics.com/.

Nanometrics' mailing address is 1550 BUCKEYE DRIVE, MILPITAS CA, 95035. The semiconductor company can be reached via phone at 408-545-6000 or via email at [email protected]