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

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

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

Nanometrics Incorporated (NASDAQ:NANO) announced its quarterly earnings data on Tuesday, July, 30th. The semiconductor company reported $0.21 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.21. The semiconductor company had revenue of $67.62 million for the quarter, compared to the consensus estimate of $65.38 million. Nanometrics had a net margin of 10.58% and a return on equity of 10.97%. The firm's quarterly revenue was down 23.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.71 EPS. 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 brokers have issued 1-year target prices for Nanometrics' stock. Their forecasts range from $39.00 to $42.00. On average, they expect Nanometrics' stock price to reach $40.40 in the next twelve months. This suggests a possible upside of 20.9% 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.

Press coverage about NANO stock has trended neutral this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Nanometrics earned a coverage optimism score of 0.4 on InfoTrie's scale. They also assigned media coverage about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Nanometrics.

Nanometrics saw a increase in short interest during the month of September. As of September 30th, there was short interest totalling 2,080,000 shares, an increase of 14.9% from the August 30th total of 1,810,000 shares. Based on an average trading volume of 203,400 shares, the days-to-cover ratio is presently 10.2 days. Approximately 9.0% of the company's stock 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), Twitter (TWTR), AeroVironment (AVAV), Cisco Systems (CSCO), Neurocrine Biosciences (NBIX) and Square (SQ).

Nanometrics' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Tributary Capital Management LLC (1.62%) and State of Alaska Department of Revenue (0.07%). Company insiders that own Nanometrics stock include Bruce C Rhine, Greg Swyt, J Thomas Bentley, Janet Therese Taylor, Kevin Heidrich, Pierre-Yves Lesaicherre, Rollin Kocher, Stanislaw M Borowicz and Timothy J Stultz. View Institutional Ownership Trends for Nanometrics.

NANO stock was bought by a variety of institutional investors in the last quarter, including Tributary Capital Management LLC and State of Alaska Department of Revenue. 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 $33.41.

Nanometrics has a market capitalization of $829.50 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]