Headlines about Nanometrics (NASDAQ:NANO) have been trending positive this week, according to Accern. The research firm identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Nanometrics earned a news sentiment score of 0.29 on Accern’s scale. Accern also gave headlines about the semiconductor company an impact score of 46.6393367356102 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Here are some of the news headlines that may have effected Accern’s analysis:

A number of equities research analysts recently issued reports on NANO shares. BidaskClub lowered Nanometrics from a “hold” rating to a “sell” rating in a research note on Wednesday, December 6th. Zacks Investment Research lowered Nanometrics from a “hold” rating to a “sell” rating in a research note on Tuesday, October 17th. Finally, Benchmark reaffirmed a “buy” rating and issued a $34.00 target price on shares of Nanometrics in a research note on Friday, October 13th.

Nanometrics (NANO) traded up $0.09 during mid-day trading on Friday, reaching $25.30. The company had a trading volume of 129,800 shares, compared to its average volume of 193,875. Nanometrics has a 12-month low of $23.73 and a 12-month high of $32.42. The stock has a market cap of $643.96, a price-to-earnings ratio of 14.13, a P/E/G ratio of 1.35 and a beta of 1.75.

Nanometrics (NASDAQ:NANO) last posted its earnings results on Thursday, November 2nd. The semiconductor company reported $0.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.01. Nanometrics had a return on equity of 10.26% and a net margin of 19.23%. The firm had revenue of $56.70 million for the quarter, compared to analyst estimates of $56.53 million. During the same quarter in the prior year, the company earned $0.33 EPS. Nanometrics’s revenue was down 3.4% on a year-over-year basis. equities research analysts anticipate that Nanometrics will post 1.16 EPS for the current fiscal year.

Nanometrics declared that its Board of Directors has authorized a share repurchase program on Wednesday, November 15th that allows the company to buyback $50.00 million in outstanding shares. This buyback authorization allows the semiconductor company to buy shares of its stock through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its stock is undervalued.

In other Nanometrics news, CEO Timothy J. Stultz sold 14,166 shares of the stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of $25.93, for a total transaction of $367,324.38. Following the transaction, the chief executive officer now owns 294,817 shares of the company’s stock, valued at approximately $7,644,604.81. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In the last three months, insiders have sold 14,781 shares of company stock worth $382,656. Corporate insiders own 6.70% of the company’s stock.

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About Nanometrics

Nanometrics Incorporated is a provider of process control metrology and inspection systems used primarily in the fabrication of semiconductors and other solid-state devices, including sensors, optoelectronic devices, high-brightness (HB) light emitting diodes (LEDs), discretes and data storages components.

Insider Buying and Selling by Quarter for Nanometrics (NASDAQ:NANO)

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