Based on four sell-side firms, Zacks reports that Nanometrics Incorporated (NASDAQ:$NANO) currently has an Average Broker Rating of 1.5. This places them 122 in their industry.
The mean recommendation is based on each brokerages’ personal rating of the stock. However, each brokerage employs their own rating system and lingo, such as using ‘Outperform’ instead of ‘Buy’, or ‘Neutral’ instead of ‘Hold’. The Average Broker Rating takes this into account and divides the ratings into five principal ratings. The benefit of this rating system is that you can gather a large amount of data at a glance.
Analysts also have an average stock price of $33.33, indicating that is where they expect the price to reach within the year.
Although an amateur might be tempted to make decisions based on flash headlines or quick new stories, it pays to filter out this noise and focus on a deeper and broader research regiment. Though even veteran investors know that the market is difficult to predict, crunching the numbers and focusing on the important indicators can greatly reinforce an investor’s portfolio.
In the latest quarterly earnings, Nanometrics reported $0.30 earnings per share. This compared favorably to the consensus estimates of $0.21. Analysts are forecasting reported earnings of $0.47 per share for the next quarter. Over the past week, shares have moved -$3.10, and over the past month, the stock has moved $1.25. The stock’s trailing EPS is currently at $1.15.
In a recent session, Nanometrics closed at $27.51 on an average daily volume of 115,861.15 shares. Their 52-week low is at $19.65, while they sit 62.63% of the 52-week High-Low range. Over the past year-to-date, the stock has moved 9.78% and over the past 12 weeks, the stock has moved -0.65%.
Approaching the end of the year, investors may look to review their portfolios. Over the past six months, investors might find an unclear picture; some stocks may outperform the market, while others may underperform. Focusing on what works and pinpointing where mistakes were made can help to bolster a portfolio, and keeping statistics like the above mentioned in mind is an important part of that.
75% of all analysts, or 3 analysts, have rated Nanometrics Incorporated with a ‘Buy’ or a ‘Strong-Buy’.
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