Nanometrics Inc. (NASDAQ:NANO) traded up 3.2% on Friday . The stock traded as high as $21.11 and last traded at $21.11, with a volume of 86,153 shares. The stock had previously closed at $20.45.

Several equities research analysts recently weighed in on the stock. Stifel Nicolaus upped their price objective on shares of Nanometrics from $21.00 to $25.00 and gave the stock a “buy” rating in a research report on Monday, June 27th. Zacks Investment Research cut shares of Nanometrics from a “buy” rating to a “hold” rating in a research report on Friday, August 5th. TheStreet raised shares of Nanometrics from a “hold” rating to a “buy” rating in a research report on Tuesday, April 26th. Finally, Benchmark Co. upped their price objective on shares of Nanometrics from $18.50 to $24.00 and gave the stock a “buy” rating in a research report on Wednesday, April 27th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $20.80.

The firm has a market capitalization of $525.84 million and a PE ratio of 61.84. The company has a 50-day moving average of $20.76 and a 200 day moving average of $17.34.

Nanometrics (NASDAQ:NANO) last announced its earnings results on Tuesday, July 26th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by $0.01. During the same period in the previous year, the company posted $0.08 earnings per share. The firm earned $55.80 million during the quarter, compared to analysts’ expectations of $55.30 million. Nanometrics’s revenue was up 14.8% on a year-over-year basis. On average, analysts forecast that Nanometrics Inc. will post $0.99 EPS for the current year.

In related news, Director Bruce C. Rhine sold 10,000 shares of Nanometrics stock in a transaction dated Tuesday, June 21st. The stock was sold at an average price of $20.08, for a total value of $200,800.00. Following the completion of the sale, the director now owns 803,329 shares of the company’s stock, valued at approximately $16,130,846.32. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Nanometrics Incorporated (Nanometrics) provides process control metrology and inspection systems used in the fabrication of integrated circuits, high-brightness light emitting diodes (HB-LEDs), discrete components and data storage devices. The Company operates in the segment of sale, design, manufacture, marketing and support of thin film and optical critical dimension systems.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.