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 most optimistic analyst gave a price target of 36, implying a possible profit of 34.18 percent. The most pessimistic price target was 31, which equates to a potential downside of 15.54 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -8.82 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 1.26 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their 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, while 0 analysts decreased their estimates.

NANO has an estimated earnings growth rate of -33.97 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of NANO is -0.44.

In the last 52-weeks, NANO has achieved a high of 32.42 and a low of 18.65. Currently the stock is 43.86 percent higher than its low, and 17.24 percent below the high. NANO has a P/E 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.