Analyst Ratings for Nanometrics Inc. (NANO)

Updated: 2017-07-28

Shares of Nanometrics Inc. (NASDAQ:NANO) have received a consensus rating of Overweight from Wall Street analysts. About 30 days ago, NANO was issued an average rating of Overweight.

3 analysts declared NANO a buy, 0 issued an overweight rating, 2 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Several price targets were given for NANO by the analysts covering the stock. The highest price target was 36, implying a possible profit of 34.18 percent. The most pessimistic price target was 31, implying a possible loss of 15.54 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -8.82 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.26 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

NANO has an estimated earnings growth rate of -33.97 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of NANO is -0.44.

NANO has a 52-week high of 32.42 and a 52-week low of 18.65. Currently the stock is 43.86 percent higher than its low, and 17.24 percent lower than its 52-week high. NANO has a price/earnings ratio of 14.91. Investors typically compare the P/E ratio to a company's peers in the industry. The NANO value stock report compares NANO to some of its peers using value stock charts. The market cap of NANO is $0.69266 billion. NANO's next earnings release will be on 0000-00-00, which is days away.