Nanometrics (NANO) Earns Daily Media Impact Score of 0.21
Media coverage about Nanometrics (NASDAQ:NANO) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Nanometrics earned a daily sentiment score of 0.21 on Accern’s scale. Accern also gave press coverage about the semiconductor company an impact score of 45.2698266313874 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news stories that may have impacted Accern’s analysis:
- Film thickness measuring system market report scrutinized in new research (whatech.com)
- Nanometrics, Inc. :NANO-US: Earnings Analysis: Q2, 2017 By the Numbers : September 1, 2017 (finance.yahoo.com)
- Nanometrics, Inc. breached its 50 day moving average in a Bullish Manner : NANO-US : August 31, 2017 (finance.yahoo.com)
- Zacks: Analysts Anticipate Nanometrics Incorporated (NANO) Will Post Quarterly Sales of $62.23 Million (americanbankingnews.com)
Nanometrics (NASDAQ:NANO) traded up 0.12% on Wednesday, hitting $25.86. 10,848 shares of the company’s stock traded hands. Nanometrics has a one year low of $18.65 and a one year high of $32.42. The stock has a market cap of $659.30 million, a PE ratio of 13.76 and a beta of 1.74. The stock has a 50-day moving average of $26.07 and a 200-day moving average of $27.60.
Nanometrics (NASDAQ:NANO) last released its earnings results on Tuesday, August 1st. The semiconductor company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.31 by $0.01. The company had revenue of $64.43 million for the quarter, compared to analysts’ expectations of $66.37 million. Nanometrics had a return on equity of 11.95% and a net margin of 19.94%. The firm’s revenue for the quarter was up 15.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.26 EPS. On average, equities analysts forecast that Nanometrics will post $1.20 earnings per share for the current fiscal year.
NANO has been the subject of several recent analyst reports. BidaskClub downgraded shares of Nanometrics from a “strong-buy” rating to a “buy” rating in a report on Wednesday, August 2nd. Benchmark Co. reaffirmed a “buy” rating and issued a $34.00 target price on shares of Nanometrics in a report on Wednesday, August 2nd. Zacks Investment Research downgraded shares of Nanometrics from a “hold” rating to a “sell” rating in a report on Friday, August 4th. Finally, Stifel Nicolaus raised shares of Nanometrics from a “hold” rating to a “buy” rating and increased their price objective for the company from $29.00 to $31.00 in a report on Friday, June 16th. They noted that the move was a valuation call. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $31.50.
In related news, CEO Timothy J. Stultz sold 20,000 shares of the business’s stock in a transaction dated Tuesday, August 8th. The shares were sold at an average price of $25.19, for a total transaction of $503,800.00. Following the transaction, the chief executive officer now directly owns 300,651 shares in the company, valued at $7,573,398.69. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Janet Therese Taylor sold 2,505 shares of the business’s stock in a transaction dated Monday, August 28th. The stock was sold at an average price of $25.65, for a total transaction of $64,253.25. Following the transaction, the general counsel now owns 35,833 shares in the company, valued at $919,116.45. The disclosure for this sale can be found here. Insiders have sold 74,545 shares of company stock valued at $1,978,863 in the last three months. Corporate insiders own 6.70% of the company’s stock.
Nanometrics Company Profile
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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