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.

A number of analysts gave price targets for NANO. The highest price target was 36, which equates to a potential upside of 34.18 percent. The minimum price target given was 31, implying potential capital losses of 15.54 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

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. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.26 percent.

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 revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

Analysts estimate earnings of NANO to grow at a rate of -33.97 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. NANO has a PEG ratio of -0.44.

In the last 52-weeks, NANO has achieved a high of 32.42 and a low of 18.65. Today's price is 43.86 percent above the 52-week 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 stock has a market capitalization of $0.69266 billion. NANO's next earnings release will be on 0000-00-00, which is days away.