Nanometrics (NASDAQ:NANO) will be issuing its quarterly earnings data after the market closes on Tuesday, October 30th. Analysts expect the company to announce earnings of $0.44 per share for the quarter. Nanometrics has set its Q3 guidance at $0.36-0.52 EPS.
Nanometrics (NASDAQ:NANO) last issued its quarterly earnings results on Tuesday, July 31st. The semiconductor company reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.05. Nanometrics had a return on equity of 19.74% and a net margin of 16.55%. The firm had revenue of $88.60 million for the quarter, compared to analysts’ expectations of $86.53 million. During the same period in the previous year, the firm posted $0.30 EPS. The business’s revenue for the quarter was up 37.5% compared to the same quarter last year. On average, analysts expect Nanometrics to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of NANO opened at $30.98 on Tuesday. Nanometrics has a 52 week low of $22.08 and a 52 week high of $48.26. The company has a market capitalization of $744.13 million, a PE ratio of 25.19, a P/E/G ratio of 1.12 and a beta of 1.81.
A number of analysts have recently commented on NANO shares. BidaskClub cut Nanometrics from a “hold” rating to a “sell” rating in a research report on Wednesday, June 27th. DA Davidson boosted their price target on Nanometrics to $42.00 and gave the stock a “buy” rating in a research report on Monday, July 2nd. Zacks Investment Research cut Nanometrics from a “buy” rating to a “hold” rating in a research report on Thursday, July 5th. Benchmark boosted their price target on Nanometrics to $43.00 and gave the stock a “buy” rating in a research report on Wednesday, August 1st. Finally, ValuEngine cut Nanometrics from a “buy” rating to a “hold” rating in a research report on Wednesday, September 12th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $35.50.
In related news, Director Bruce C. Rhine sold 3,655 shares of the company’s stock in a transaction that occurred on Monday, August 6th. The stock was sold at an average price of $42.65, for a total value of $155,885.75. Following the transaction, the director now directly owns 693,418 shares of the company’s stock, valued at approximately $29,574,277.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Janet Therese Taylor sold 2,305 shares of the company’s stock in a transaction that occurred on Tuesday, August 28th. The shares were sold at an average price of $44.78, for a total value of $103,217.90. Following the completion of the transaction, the general counsel now directly owns 33,056 shares in the company, valued at $1,480,247.68. The disclosure for this sale can be found here. Over the last three months, insiders sold 66,063 shares of company stock worth $2,789,433. Insiders own 6.90% of the company’s stock.
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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