Media headlines about Nanometrics (NASDAQ:NANO) have been trending somewhat positive recently, AlphaOne Sentiment reports. The research group, a division of Accern, identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. AlphaOne ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Nanometrics earned a news sentiment score of 0.24 on AlphaOne’s scale. AlphaOne also gave media stories about the semiconductor company an impact score of 96 out of 100, meaning that recent media coverage is extremely likely to have an effect on the stock’s share price in the next few days.
Here are some of the news articles that may have impacted Alpha One Sentiment Analysis’s rankings:
- Nanometrics Shares Up 31.4% Since SmarTrend’s Buy Recommendation (NANO) (mysmartrend.com)
- Brokerages Anticipate Nanometrics Incorporated (NANO) Will Post Quarterly Sales of $59.15 Million (americanbankingnews.com)
- Nanometrics (NANO) Earns Daily News Sentiment Rating of 0.28 (americanbankingnews.com)
- Nanometrics Incorporated (NANO) Rating Lowered to Hold at Zacks Investment Research (americanbankingnews.com)
- Analysts Anticipate Nanometrics Incorporated (NANO) to Post $0.23 EPS (americanbankingnews.com)
Nanometrics (NASDAQ:NANO) traded down 0.27% during mid-day trading on Friday, hitting $29.39. The stock had a trading volume of 141,802 shares. The company’s 50 day moving average is $28.93 and its 200-day moving average is $25.35. The stock has a market capitalization of $739.45 million, a P/E ratio of 16.79 and a beta of 1.48. Nanometrics has a 52 week low of $15.31 and a 52 week high of $30.82.
Nanometrics (NASDAQ:NANO) last issued its earnings results on Tuesday, February 7th. The semiconductor company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.06. The company earned $59.20 million during the quarter, compared to analysts’ expectations of $57.18 million. Nanometrics had a return on equity of 12.62% and a net margin of 19.91%. The firm’s quarterly revenue was up 38.6% compared to the same quarter last year. On average, analysts expect that Nanometrics will post $1.20 EPS for the current fiscal year.
Separately, Zacks Investment Research upgraded Nanometrics from a “hold” rating to a “buy” rating and set a $28.00 price objective on the stock in a research report on Wednesday, January 4th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $26.75.
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In related news, CEO Timothy J. Stultz sold 14,419 shares of the stock in a transaction dated Wednesday, February 22nd. The stock was sold at an average price of $27.94, for a total transaction of $402,866.86. Following the completion of the sale, the chief executive officer now directly owns 310,159 shares in the company, valued at approximately $8,665,842.46. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Kevin Heidrich sold 5,000 shares of the stock in a transaction dated Tuesday, February 21st. The shares were sold at an average price of $28.00, for a total value of $140,000.00. Following the sale, the vice president now owns 47,789 shares of the company’s stock, valued at $1,338,092. The disclosure for this sale can be found here. Insiders have sold a total of 53,774 shares of company stock valued at $1,514,866 over the last 90 days. 5.80% of the stock is currently owned by company insiders.
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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