Nanometrics Stock Price, News & Analysis (NASDAQ:NANO)

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

Nanometrics announced that its board has initiated a share repurchase program on Thursday, November 16th 2017, which authorizes the company to buyback $50,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board believes its stock is undervalued.

Nanometrics Incorporated (NASDAQ:NANO) issued its earnings results 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 had revenue of $67.62 million for the quarter, compared to analyst estimates of $65.38 million. Nanometrics had a return on equity of 10.97% and a net margin of 10.58%. The firm's quarterly revenue was down 23.7% on a year-over-year basis. During the same quarter last year, the company earned $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 Wall Street analysts have issued 12-month price targets for Nanometrics' shares. 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 26.9% 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.

Media headlines about NANO stock have been trending negative this week, according to InfoTrie. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Nanometrics earned a media sentiment score of -2.9 on InfoTrie's scale. They also assigned media coverage about the semiconductor company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for Nanometrics.

Nanometrics saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 2,054,900 shares, an increase of 6.0% from the July 31st total of 1,937,900 shares. Based on an average daily volume of 246,700 shares, the days-to-cover ratio is currently 8.3 days. Currently, 8.9% of the shares of the stock are sold short. 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), Know Labs (KNWN), Image Sensing Systems (ISNS), 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), Twitter (TWTR), AeroVironment (AVAV), Cisco Systems (CSCO), Neurocrine Biosciences (NBIX) and Square (SQ).

Nanometrics' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (16.26%), 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, Pierre-Yves Lesaicherre, Rollin Kocher and Timothy J Stultz. View Insider Buying and Selling for Nanometrics.

NANO stock was bought 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, Robinhood, Fidelity and Charles Schwab.

One share of NANO stock can currently be purchased for approximately $31.83.

Nanometrics has a market capitalization of $790.34 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]