Nanometrics Inc. (NASDAQ:NANO)’s share price reached a new 52-week high on Tuesday . The stock traded as high as $22.67 and last traded at $22.49, with a volume of 59,374 shares. The stock had previously closed at $22.29.

Several equities analysts have weighed in on the company. Stifel Nicolaus reissued a “buy” rating and set a $21.00 price target on shares of Nanometrics in a research report on Wednesday, June 1st. TheStreet raised Nanometrics from a “hold” rating to a “buy” rating in a research report on Tuesday, April 26th. Zacks Investment Research downgraded Nanometrics from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 6th. Finally, Benchmark Co. raised their price target on Nanometrics to $18.50 and gave the stock a “buy” rating in a research report on Tuesday, March 29th. One equities research analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. Nanometrics has an average rating of “Buy” and a consensus price target of $20.83.

The stock has a 50 day moving average of $20.30 and a 200-day moving average of $16.53. The firm has a market cap of $552.88 million and a price-to-earnings ratio of 150.07.

Nanometrics (NASDAQ:NANO) last released its quarterly earnings results on Tuesday, July 26th. The company reported $0.26 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.27 by $0.01. During the same quarter in the prior year, the business earned $0.08 earnings per share. The firm had revenue of $55.80 million for the quarter, compared to analyst estimates of $55.30 million. Nanometrics’s revenue was up 14.8% compared to the same quarter last year. On average, equities analysts expect that Nanometrics Inc. will post $1.09 EPS for the current fiscal year.

In other Nanometrics news, Director Bruce C. Rhine sold 13,014 shares of the firm’s stock in a transaction that occurred on Monday, May 2nd. The shares were sold at an average price of $17.85, for a total value of $232,299.90. Following the transaction, the director now directly owns 814,686 shares of the company’s stock, valued at $14,542,145.10. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Stanislaw M. Borowicz sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 27th. The shares were sold at an average price of $18.15, for a total transaction of $90,750.00. Following the completion of the transaction, the vice president now directly owns 49,560 shares in the company, valued at $899,514. The disclosure for this sale can be found here.

An institutional investor recently raised its position in Nanometrics stock. Dimensional Fund Advisors LP raised its position in shares of Nanometrics Inc. (NASDAQ:NANO) by 0.7% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 828,108 shares of the company’s stock after buying an additional 5,941 shares during the period. Dimensional Fund Advisors LP owned 3.42% of Nanometrics worth $12,538,000 at the end of the most recent reporting period.

Nanometrics Incorporated (Nanometrics) provides process control metrology and inspection systems used in the fabrication of integrated circuits, high-brightness LEDs (HB-LED), discrete components and data storage devices. The Company’s automated and integrated systems address numerous process control applications, including critical dimension and film thickness measurement, device topography, defect inspection, and analysis of various other film properties, such as optical, electrical and material characteristics.

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