Headlines about Nanometrics (NASDAQ:NANO) have trended somewhat positive this week, Accern reports. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Nanometrics earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave media headlines about the semiconductor company an impact score of 46.7149206750492 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news articles that may have impacted Accern Sentiment’s analysis:
- Nanometrics Incorporated (NANO) Expected to Announce Quarterly Sales of $72.10 Million (americanbankingnews.com)
- Nanometrics’ (NANO) CEO Pierre Yves Lesaicherre on Q4 2017 Results – Earnings Call Transcript (seekingalpha.com)
- Q2 2018 Earnings Forecast for Nanometrics Incorporated Issued By DA Davidson (NANO) (americanbankingnews.com)
- KeyCorp Comments on Nanometrics Incorporated’s Q1 2018 Earnings (NANO) (americanbankingnews.com)
- Brokerages Expect Nanometrics Incorporated (NANO) Will Announce Earnings of $0.43 Per Share (americanbankingnews.com)
A number of research firms recently weighed in on NANO. BidaskClub cut shares of Nanometrics from a “hold” rating to a “sell” rating in a research report on Friday, February 2nd. Benchmark reiterated a “buy” rating and issued a $33.00 target price (down previously from $34.00) on shares of Nanometrics in a research report on Wednesday. Finally, Zacks Investment Research lowered shares of Nanometrics from a “hold” rating to a “sell” rating in a research report on Tuesday, October 17th.
Shares of Nanometrics (NASDAQ:NANO) traded up $0.96 on Friday, reaching $25.50. 262,522 shares of the company were exchanged, compared to its average volume of 182,846. The company has a market cap of $652.67, a price-to-earnings ratio of 21.80, a PEG ratio of 1.28 and a beta of 1.66. Nanometrics has a 12-month low of $22.08 and a 12-month high of $32.42.
Nanometrics (NASDAQ:NANO) last announced its earnings results on Tuesday, February 6th. The semiconductor company reported $0.53 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.47 by $0.06. The firm had revenue of $78.20 million during the quarter, compared to analyst estimates of $76.95 million. Nanometrics had a net margin of 11.68% and a return on equity of 12.05%. Nanometrics’s revenue was up 32.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.33 EPS. equities analysts forecast that Nanometrics will post 1.66 EPS for the current year.
Nanometrics declared that its Board of Directors has approved a share repurchase plan on Wednesday, November 15th that permits the company to repurchase $50.00 million in outstanding shares. This repurchase authorization permits the semiconductor company to purchase shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.
In other Nanometrics news, CEO Timothy J. Stultz sold 14,166 shares of the company’s stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of $25.93, for a total value of $367,324.38. Following the transaction, the chief executive officer now directly owns 294,817 shares of the company’s stock, valued at approximately $7,644,604.81. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Over the last ninety days, insiders sold 14,781 shares of company stock worth $382,656. Insiders own 6.70% of the company’s stock.
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Nanometrics Incorporated is a provider of process control metrology and inspection systems used primarily in the fabrication of semiconductors and other solid-state devices, including sensors, optoelectronic devices, high-brightness (HB) light emitting diodes (LEDs), discretes and data storages components.
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