Nanometrics Incorporated (NASDAQ:NANO) Director Timothy J. Stultz sold 17,667 shares of the stock in a transaction dated Wednesday, February 20th. The stock was sold at an average price of $30.13, for a total transaction of $532,306.71. Following the transaction, the director now owns 253,208 shares in the company, valued at $7,629,157.04. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
NANO traded down $0.50 on Thursday, reaching $29.65. 104,496 shares of the company’s stock were exchanged, compared to its average volume of 178,051. The company has a market cap of $729.02 million, a PE ratio of 12.51, a price-to-earnings-growth ratio of 1.95 and a beta of 1.73. Nanometrics Incorporated has a twelve month low of $24.74 and a twelve month high of $48.26.
Nanometrics (NASDAQ:NANO) last posted its earnings results on Tuesday, February 5th. The semiconductor company reported $0.53 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.39 by $0.14. The firm had revenue of $77.00 million during the quarter, compared to the consensus estimate of $72.65 million. Nanometrics had a net margin of 17.76% and a return on equity of 20.36%. The company’s revenue was down 1.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.53 EPS. On average, analysts expect that Nanometrics Incorporated will post 1.27 EPS for the current year.
Several research analysts have recently weighed in on NANO shares. ValuEngine upgraded shares of Nanometrics from a “sell” rating to a “hold” rating in a report on Wednesday, January 2nd. BidaskClub lowered shares of Nanometrics from a “hold” rating to a “sell” rating in a report on Saturday, December 8th. Benchmark cut their price objective on shares of Nanometrics from $43.00 to $37.00 and set a “buy” rating on the stock in a report on Wednesday, October 31st. Stifel Nicolaus upgraded shares of Nanometrics from a “hold” rating to a “buy” rating and set a $40.00 price objective on the stock in a report on Wednesday, October 31st. Finally, Zacks Investment Research downgraded shares of Nanometrics from a “buy” rating to a “hold” rating in a research report on Friday, February 8th. One analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the stock. Nanometrics has an average rating of “Hold” and an average target price of $32.75.
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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