Media headlines about Nanometrics (NASDAQ:NANO) have been trending somewhat positive recently, according to Accern. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog 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 news impact score of 0.12 on Accern’s scale. Accern also assigned media coverage about the semiconductor company an impact score of 45.9246565032413 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

NANO traded down $0.23 on Friday, hitting $36.80. The company had a trading volume of 672,028 shares, compared to its average volume of 434,841. Nanometrics has a 52-week low of $22.08 and a 52-week high of $48.26. The firm has a market capitalization of $894.26 million, a PE ratio of 29.92, a price-to-earnings-growth ratio of 1.34 and a beta of 1.82.

Nanometrics (NASDAQ:NANO) last released its earnings results on Tuesday, July 31st. The semiconductor company reported $0.71 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.66 by $0.05. The firm had revenue of $88.60 million during the quarter, compared to analyst estimates of $86.53 million. Nanometrics had a net margin of 16.55% and a return on equity of 19.74%. The business’s revenue was up 37.5% on a year-over-year basis. During the same period last year, the business earned $0.30 earnings per share. analysts anticipate that Nanometrics will post 2.3 earnings per share for the current fiscal year.

NANO has been the topic of several recent research reports. BidaskClub upgraded Nanometrics from a “sell” rating to a “hold” rating in a research report on Friday, August 3rd. DA Davidson downgraded Nanometrics from a “buy” rating to a “neutral” rating and set a $21.00 price objective on the stock. in a research report on Thursday, August 16th. They noted that the move was a valuation call. Benchmark increased their price objective on Nanometrics to $43.00 and gave the stock a “buy” rating in a research report on Wednesday, August 1st. ValuEngine raised Nanometrics from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 1st. Finally, Zacks Investment Research cut Nanometrics from a “buy” rating to a “hold” rating in a research note on Thursday, July 5th. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the stock. Nanometrics currently has an average rating of “Hold” and a consensus target price of $35.50.

In related news, Director Timothy J. Stultz sold 30,000 shares of Nanometrics stock in a transaction on Thursday, August 9th. The shares were sold at an average price of $41.95, for a total transaction of $1,258,500.00. Following the transaction, the director now owns 281,221 shares in the company, valued at approximately $11,797,220.95. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Rollin Kocher sold 720 shares of the business’s stock in a transaction on Monday, July 2nd. The stock was sold at an average price of $35.32, for a total transaction of $25,430.40. The disclosure for this sale can be found here. In the last three months, insiders have sold 66,783 shares of company stock valued at $2,814,864. Insiders own 6.90% of the company’s stock.

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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