Wall Street analysts forecast that Nanometrics Incorporated (NASDAQ:NANO) will announce earnings of $0.21 per share for the current quarter, Zacks reports. Three analysts have made estimates for Nanometrics’ earnings, with the lowest EPS estimate coming in at $0.20 and the highest estimate coming in at $0.23. Nanometrics posted earnings of $0.67 per share during the same quarter last year, which would suggest a negative year-over-year growth rate of 68.7%. The company is scheduled to announce its next quarterly earnings results on Tuesday, May 7th.

Zacks’ EPS averages are an average based on a survey of research analysts that that provide coverage for Nanometrics.

Nanometrics (NASDAQ:NANO) last announced its earnings results on Tuesday, February 5th. The semiconductor company reported $0.53 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.39 by $0.14. The firm had revenue of $77.00 million during the quarter, compared to analyst estimates of $72.65 million. Nanometrics had a net margin of 17.76% and a return on equity of 20.36%. Nanometrics’s revenue was down 1.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.53 EPS.

A number of equities analysts recently issued reports on NANO shares. Zacks Investment Research upgraded shares of Nanometrics from a “sell” rating to a “buy” rating and set a $31.00 target price for the company in a research report on Wednesday, January 2nd. Benchmark reiterated a “buy” rating and issued a $37.00 target price on shares of Nanometrics in a research report on Wednesday, December 26th. ValuEngine upgraded shares of Nanometrics from a “sell” rating to a “hold” rating in a research report on Wednesday, January 2nd. Finally, BidaskClub lowered shares of Nanometrics from a “sell” rating to a “strong sell” rating in a research report on Friday, March 1st. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company’s stock. Nanometrics presently has an average rating of “Hold” and a consensus price target of $32.75.

In other news, Director Timothy J. Stultz sold 17,667 shares of the firm’s stock in a transaction dated Wednesday, February 20th. The shares were sold at an average price of $30.13, for a total transaction of $532,306.71. Following the completion of the transaction, the director now owns 253,208 shares in the company, valued at approximately $7,629,157.04. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Timothy J. Stultz sold 30,000 shares of the firm’s stock in a transaction dated Wednesday, February 27th. The shares were sold at an average price of $28.68, for a total transaction of $860,400.00. Following the transaction, the director now owns 243,208 shares of the company’s stock, valued at approximately $6,975,205.44. The disclosure for this sale can be found here. Company insiders own 6.90% of the company’s stock.

Several large investors have recently bought and sold shares of NANO. Deutsche Bank AG lifted its stake in Nanometrics by 5.6% during the fourth quarter. Deutsche Bank AG now owns 142,208 shares of the semiconductor company’s stock valued at $3,885,000 after buying an additional 7,532 shares in the last quarter. American Century Companies Inc. lifted its stake in Nanometrics by 15.2% during the fourth quarter. American Century Companies Inc. now owns 214,139 shares of the semiconductor company’s stock valued at $5,852,000 after buying an additional 28,186 shares in the last quarter. Geode Capital Management LLC lifted its stake in Nanometrics by 6.1% during the fourth quarter. Geode Capital Management LLC now owns 260,948 shares of the semiconductor company’s stock valued at $7,131,000 after buying an additional 14,971 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new stake in Nanometrics during the fourth quarter valued at about $342,000. Finally, Macquarie Group Ltd. lifted its stake in Nanometrics by 4.0% during the fourth quarter. Macquarie Group Ltd. now owns 31,643 shares of the semiconductor company’s stock valued at $865,000 after buying an additional 1,213 shares in the last quarter. Institutional investors own 85.90% of the company’s stock.

Shares of NANO opened at $31.61 on Wednesday. The stock has a market capitalization of $782.65 million, a P/E ratio of 13.34, a P/E/G ratio of 2.10 and a beta of 1.68. Nanometrics has a 52-week low of $24.74 and a 52-week high of $48.26.

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 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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Earnings History and Estimates for Nanometrics (NASDAQ:NANO)

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