This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

10 Low P/E Semiconductor Stocks With Upside

8. Nanometrics is a provider of advanced, high-performance process control metrology systems used in the fabrication of semiconductors, high-brightness LEDs, data storage devices, solar photovoltaics, as well as by customers in the silicon wafer and data storage industries.

For fourth quarter of 2010, net revenue was $46.1 million, up 75.3% from $26.3 million in the year-ago quarter. Gross margin stood at 52.7%, expanding 200 basis points year-over-year, while operating margin increased 1,630 basis points to 18.8%. Subsequently, net income surged to $26.1 million or $1.12 per share as the company received income tax benefit of $17.7 million.

Full year 2010 revenue more than doubled to reach a record $188 million, driven by higher revenue from automated systems, integrated systems and materials characterization due to customers increased capital spending. The company swung to net income of $55.9 million or $2.43 per share, opposed to a loss of $16.3 million or 87 cents per share in 2009. The company has a strong cash balance of $66.5 million, up 52.7% year-over-year

Going forward, the company expects revenue of $56-$60 million during the first quarter of 2011, representing 50-60% year-over-year increase. Gross and operating margin is forecast at 54-55% and 24-27%, respectively. Lastly, net income is estimated to be 36-44 cents per share, implying an increase of 38%-69% over the prior year levels. As of Dec. 2010, the company had a backlog of $31.4 million compared to $8.1 million a year ago.

Of the five analysts covering the stock, 60% recommend a buy and the remaining rate a hold. There are no sell ratings on the stock. On average, analysts estimate 22.9% upside to $21.67 in value from current levels. The stock has already gained 77.7% during the past one year and is currently trading at a P/E of 5.5
4 of 11

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
INTT $3.85 -2.28%
KLIC $11.02 -1.34%
NVMI $10.89 -1.27%
NANO $17.62 -1.30%
UCTT $5.92 4.60%


Chart of I:DJI
DOW 17,830.76 -210.79 -1.17%
S&P 500 2,075.81 -19.34 -0.92%
NASDAQ 4,805.2910 -57.85 -1.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs