Nanometrics Incorporated (NASDAQ:NANO) – Investment analysts at DA Davidson issued their Q1 2020 earnings per share (EPS) estimates for shares of Nanometrics in a research report issued to clients and investors on Wednesday, February 6th. DA Davidson analyst T. Diffely anticipates that the semiconductor company will post earnings per share of $0.40 for the quarter. DA Davidson also issued estimates for Nanometrics’ Q2 2020 earnings at $0.47 EPS.
Get Nanometrics alerts:NANO has been the subject of several other research reports. BidaskClub raised shares of Nanometrics from a “strong sell” rating to a “sell” rating in a report on Wednesday, October 17th. Zacks Investment Research raised shares of Nanometrics from a “sell” rating to a “buy” rating and set a $31.00 price target for the company in a report on Wednesday, January 2nd. Benchmark reissued a “buy” rating and issued a $37.00 price target on shares of Nanometrics in a report on Wednesday, December 26th. ValuEngine raised shares of Nanometrics from a “sell” rating to a “hold” rating in a research note on Wednesday, January 2nd. Finally, Stifel Nicolaus raised shares of Nanometrics from a “hold” rating to a “buy” rating and set a $40.00 target price on the stock in a research note on Wednesday, October 31st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $32.75.
Shares of NASDAQ NANO opened at $29.06 on Friday. The firm has a market capitalization of $703.83 million, a P/E ratio of 12.26, a P/E/G ratio of 1.49 and a beta of 1.73. Nanometrics has a one year low of $24.16 and a one year high of $48.26.
Nanometrics (NASDAQ:NANO) last issued its quarterly earnings results on Tuesday, February 5th. The semiconductor company reported $0.53 EPS for the quarter, topping the consensus estimate of $0.39 by $0.14. The company had revenue of $77.00 million during the quarter, compared to analyst estimates of $72.65 million. Nanometrics had a net margin of 17.76% and a return on equity of 20.36%. The firm’s revenue was down 1.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.53 EPS.
In other Nanometrics news, VP Greg Swyt sold 948 shares of Nanometrics stock in a transaction on Friday, November 23rd. The shares were sold at an average price of $30.87, for a total transaction of $29,264.76. Following the sale, the vice president now owns 9,884 shares of the company’s stock, valued at approximately $305,119.08. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Pierre-Yves Lesaicherre sold 6,856 shares of Nanometrics stock in a transaction on Tuesday, November 27th. The stock was sold at an average price of $31.31, for a total transaction of $214,661.36. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 10,201 shares of company stock worth $315,750. 6.90% of the stock is currently owned by corporate insiders.
A number of institutional investors and hedge funds have recently made changes to their positions in NANO. Penserra Capital Management LLC boosted its stake in Nanometrics by 64.2% during the 4th quarter. Penserra Capital Management LLC now owns 1,563 shares of the semiconductor company’s stock worth $42,000 after purchasing an additional 611 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in Nanometrics by 126.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,273 shares of the semiconductor company’s stock worth $61,000 after purchasing an additional 1,268 shares during the last quarter. Advisors Asset Management Inc. boosted its position in shares of Nanometrics by 68.8% during the 4th quarter. Advisors Asset Management Inc. now owns 2,879 shares of the semiconductor company’s stock valued at $79,000 after acquiring an additional 1,173 shares during the last quarter. Quantamental Technologies LLC acquired a new position in shares of Nanometrics during the 4th quarter valued at about $106,000. Finally, O Shaughnessy Asset Management LLC acquired a new position in shares of Nanometrics during the 3rd quarter valued at about $128,000. 84.48% of the stock is currently owned by institutional investors.
Nanometrics Company Profile
Nanometrics Incorporated provides process control metrology and inspection systems for use primarily in the fabrication of semiconductors and other solid-state devices worldwide. It offers automated metrology systems that provide optical critical dimension, thin film metrology, and wafer stress for transistor and interconnect metrology applications; and integrated metrology systems that are installed onto wafer processing equipment to provide near real-time measurements.
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