Nova Ltd. (NASDAQ:NVMI - Get Free Report) shares hit a new 52-week high during trading on Friday . The company traded as high as $348.30 and last traded at $351.19, with a volume of 13221 shares. The stock had previously closed at $340.35.
Analysts Set New Price Targets
Separately, Weiss Ratings restated a "hold (c)" rating on shares of Nova in a research note on Wednesday, October 8th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Nova presently has a consensus rating of "Moderate Buy" and a consensus price target of $282.50.
View Our Latest Report on Nova
Nova Stock Up 2.5%
The company has a market cap of $10.25 billion, a PE ratio of 47.44, a P/E/G ratio of 2.27 and a beta of 1.76. The stock has a 50-day simple moving average of $294.51 and a 200 day simple moving average of $251.30.
Nova (NASDAQ:NVMI - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The semiconductor company reported $2.20 earnings per share for the quarter, beating analysts' consensus estimates of $2.05 by $0.15. Nova had a return on equity of 24.36% and a net margin of 29.10%.The business had revenue of $219.99 million during the quarter, compared to analysts' expectations of $214.95 million. During the same period in the previous year, the firm posted $1.61 earnings per share. The company's revenue was up 40.2% on a year-over-year basis. Nova has set its Q3 2025 guidance at 2.020-2.220 EPS. As a group, research analysts anticipate that Nova Ltd. will post 7.52 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the stock. ASR Vermogensbeheer N.V. acquired a new position in Nova during the 1st quarter worth $26,000. SBI Securities Co. Ltd. grew its stake in Nova by 51.9% during the 2nd quarter. SBI Securities Co. Ltd. now owns 164 shares of the semiconductor company's stock worth $45,000 after purchasing an additional 56 shares in the last quarter. Parallel Advisors LLC grew its stake in Nova by 182.7% during the 2nd quarter. Parallel Advisors LLC now owns 212 shares of the semiconductor company's stock worth $58,000 after purchasing an additional 137 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in Nova by 62.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 260 shares of the semiconductor company's stock worth $72,000 after purchasing an additional 100 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its stake in Nova by 13.8% during the 2nd quarter. Farther Finance Advisors LLC now owns 306 shares of the semiconductor company's stock worth $84,000 after purchasing an additional 37 shares in the last quarter. 82.99% of the stock is owned by institutional investors and hedge funds.
About Nova
(
Get Free Report)
Nova Ltd. designs, develops, produces, and sells process control systems used in the manufacture of semiconductors in Israel, Taiwan, the United States, China, Korea, and internationally. Its product portfolio includes a set of metrology platforms for dimensional, films, and materials and chemical metrology measurements for process control for various semiconductor manufacturing process steps, including lithography, etch, chemical mechanical planarization, deposition, electrochemical plating, and advanced packaging.
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