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.

Investment analysts gave a few price targets for NANO. The most optimistic price target was 36, implying a possible profit of 34.18 percent. The minimum price target given was 31, implying potential capital losses of 15.54 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is -8.82 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 1.26 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of NANO's earnings is estimated by analysts to be -33.97 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. NANO has a PEG ratio of -0.44.

In the trailing 52-weeks, NANO hit 32.42 at the highest peak, while it's lowest trading point was 18.65. Today's price is 43.86 percent above the 52-week low, and 17.24 percent below the 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 will post this quarters earnings in days, on 0000-00-00.