A statement released earlier today by Stifel Nicolaus about Nanometrics (NASDAQ:NANO) bumps the target price to $25.00
- Updated: November 26, 2016
Boasting a price of $25.13, Nanometrics (NASDAQ:NANO) traded 0.54% higher on the day. With the last stock price close up 17.67% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. Nanometrics has recorded a 50-day average of $21.78 and a two hundred day average of $20.58. Volume of trade was down over the average, with 38,034 shares of NANO changing hands under the typical 137,154
Stifel Nicolaus bumped up the target of Nanometrics (NASDAQ:NANO) to $25.00 stating a potential downside of -0.01%.
With a total market value of $0, Nanometrics has price-earnings ratio of 38.14 with a one year low of $12.50 and a one year high of $25.69 .
A total of 4 analysts have released a research note on Nanometrics. Two analysts rating the company a strong buy, two analysts rating the company a buy, zero analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $23.25.
More About Nanometrics (NASDAQ:NANO)
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. The Company's automated and integrated systems address 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. The Company's process control solutions are deployed throughout the fabrication process, from front-end-of-line substrate manufacturing, to high-volume production of semiconductors and other devices, to advanced wafer-scale packaging applications.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.