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 maximum price target given was 36, implying a possible profit of 34.18 percent. The minimum price target given was 31, which equates to a potential downside of 15.54 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -8.82 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. 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, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's 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, because people typically see that as an indicator of higher growth relative to stock price. 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. NANO has a PEG ratio of -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 stock has a market capitalization of $0.69266 billion. NANO will post this quarters earnings in days, on 0000-00-00.