Nanometrics Inc (NASDAQ:NANO) Stock Price While Sentiment Worsens

Sentiment for Nanometrics Inc (NASDAQ:NANO)

Nanometrics Inc (NASDAQ:NANO) institutional sentiment decreased to 1.3 in Q1 2019. Its down -0.07, from 1.37 in 2018Q4. The ratio is negative, as 79 institutional investors increased or opened new holdings, while 61 sold and decreased positions in Nanometrics Inc. The institutional investors in our partner’s database now have: 20.39 million shares, down from 20.50 million shares in 2018Q4. Also, the number of institutional investors holding Nanometrics Inc in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 15 Reduced: 46 Increased: 59 New Position: 20.

Nanometrics Incorporated provides process control metrology and inspection systems for use primarily in the fabrication of semiconductors and other solid-state devices worldwide. The company has market cap of $829.26 million. It offers automated metrology systems that provide optical critical dimension, thin film metrology, and wafer stress for transistor and interconnect metrology applications; and integrated metrology systems that are installed onto wafer processing equipment to provide near real-time measurements. It has a 18.78 P/E ratio. The company's materials characterization products include systems that are used to monitor the physical, optical, electrical, and material characteristics of discrete electronic industry, opto-electronic, high brightness LEDs, solar photovoltaics, compound semiconductor, strained silicon, and silicon-on-insulator devices, including composition, crystal structure, layer thickness, dopant concentration, contamination, and electron mobility.

The stock increased 0.93% or $0.31 during the last trading session, reaching $33.59. About 97,520 shares traded. Nanometrics Incorporated (NASDAQ:NANO) has declined 12.44% since July 14, 2018 and is downtrending. It has underperformed by 16.87% the S&P500.

Analysts await Nanometrics Incorporated (NASDAQ:NANO) to report earnings on July, 30. They expect $0.21 EPS, down 70.42 % or $0.50 from last year’s $0.71 per share. NANO’s profit will be $5.18 million for 39.99 P/E if the $0.21 EPS becomes a reality. After $0.19 actual EPS reported by Nanometrics Incorporated for the previous quarter, Wall Street now forecasts 10.53 % EPS growth.

Tanaka Capital Management Inc holds 2.61% of its portfolio in Nanometrics Incorporated for 28,011 shares. Ima Wealth Inc. owns 107,679 shares or 1.29% of their US portfolio. Moreover, Thb Asset Management has 0.85% invested in the company for 189,506 shares. The Maryland-based Hussman Strategic Advisors Inc. has invested 0.75% in the stock. Bbt Capital Management Llc, a Texas-based fund reported 13,924 shares.

Nanometrics Incorporated (NASDAQ:NANO) Ratings Coverage

Ratings analysis reveals 100% of Nanometrics’s analysts are positive. Out of 3 Wall Street analysts rating Nanometrics, 3 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $39 while the high is $4100. The stock’s average target of $40 is 19.08% above today’s ($33.59) share price. NANO was included in 4 notes of analysts from April 17, 2019. The stock of Nanometrics Incorporated (NASDAQ:NANO) has “Buy” rating given on Wednesday, May 1 by DA Davidson. The rating was maintained by Benchmark on Tuesday, June 25 with “Buy”.

More notable recent Nanometrics Incorporated (NASDAQ:NANO) news were published by: Nasdaq.com which released: “Nano Cap News: Why Tonix Pharmaceuticals (TNXP) Stock Is Moving Today – Nasdaq” on December 07, 2018, also Nasdaq.com with their article: “Here’s Why You Should Add Bruker (BRKR) to Your Portfolio – Nasdaq” published on June 26, 2019, Globenewswire.com published: “Nano Dimension 3D Prints Side-Mounting Technology onto Circuit Boards – GlobeNewswire” on April 01, 2019. More interesting news about Nanometrics Incorporated (NASDAQ:NANO) were released by: Nasdaq.com and their article: “U.S. STOCKS ON THE MOVE-Boeing, Apple, Chip stocks, Symantec, Juniper – Nasdaq” published on July 08, 2019 as well as Finance.Yahoo.com‘s news article titled: “How Does Nanometrics Incorporated (NASDAQ:NANO) Affect Your Portfolio Volatility? – Yahoo Finance” with publication date: May 23, 2019.

Nanometrics Incorporated (NASDAQ:NANO) Institutional Positions Chart

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