Nanometrics Incorporated (NASDAQ:NANO) Receives Average Rating of “Buy” from Analysts
Nanometrics Incorporated (NASDAQ:NANO) has received a consensus rating of “Buy” from the seven ratings firms that are presently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $40.50.
A number of equities research analysts recently commented on NANO shares. ValuEngine lowered Nanometrics from a “buy” rating to a “hold” rating in a research report on Saturday, October 5th. BidaskClub raised Nanometrics from a “hold” rating to a “buy” rating in a research note on Friday, October 4th. Finally, Zacks Investment Research upgraded Nanometrics from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd.
NASDAQ NANO opened at $33.05 on Monday. Nanometrics has a 1-year low of $25.52 and a 1-year high of $38.60. The company has a 50 day moving average of $35.03 and a 200-day moving average of $32.32. The company has a current ratio of 5.34, a quick ratio of 4.01 and a debt-to-equity ratio of 0.02. The firm has a market cap of $820.63 million, a price-to-earnings ratio of 13.95 and a beta of 1.64.
Nanometrics Company Profile
Nanometrics Incorporated provides process control metrology and inspection systems for use primarily in the fabrication of semiconductors and other solid-state devices, and industrial and scientific applications worldwide. The company offers automated metrology systems that provide optical critical dimension, thin film metrology, and wafer stress metrology 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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