Positive News SentimentPositive News Nova (NVMI) Stock Price, News & Analysis $130.14 +3.14 (+2.47%) (As of 05:20 PM ET) Add Compare Share Share Today's Range$127.47▼$131.5150-Day Range$90.85▼$128.6152-Week Range$79.21▼$131.51Volume85,973 shsAverage Volume121,822 shsMarket Capitalization$3.67 billionP/E Ratio30.84Dividend YieldN/APrice Target$116.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Nova MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside10.8% Downside$116.67 Price TargetShort InterestBearish2.61% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.76Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth13.44%From $4.24 to $4.81 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.76 out of 5 starsComputer And Technology Sector449th out of 585 stocksOptical Instruments & Lenses Industry4th out of 4 stocks 1.3 Analyst's Opinion Consensus RatingNova has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $116.67, Nova has a forecasted downside of 10.8% from its current price of $130.80.Amount of Analyst CoverageNova has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.61% of the outstanding shares of Nova have been sold short.Short Interest Ratio / Days to CoverNova has a short interest ratio ("days to cover") of 5.6.Change versus previous monthShort interest in Nova has recently increased by 0.51%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldNova does not currently pay a dividend.Dividend GrowthNova does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NVMI. Previous Next 3.2 News and Social Media Coverage News SentimentNova has a news sentiment score of 1.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Nova this week, compared to 2 articles on an average week.Search InterestOnly 2 people have searched for NVMI on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows5 people have added Nova to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Nova insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.00% of the stock of Nova is held by insiders.Percentage Held by Institutions76.26% of the stock of Nova is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Nova are expected to grow by 13.44% in the coming year, from $4.24 to $4.81 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Nova is 31.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.64.Price to Earnings Ratio vs. SectorThe P/E ratio of Nova is 31.00, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 237.36.Price to Earnings Growth RatioNova has a PEG Ratio of 5.50. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioNova has a P/B Ratio of 6.39. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Nova Stock (NASDAQ:NVMI)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. The company serves various sectors of the integrated circuit manufacturing industry, including logic, foundries, and memory manufacturers, as well as process equipment manufacturers. Nova Ltd. was formerly known as Nova Measuring Instruments Ltd. and changed its name to Nova Ltd. in July 2021. Nova Ltd. was incorporated in 1993 and is headquartered in Rehovot, Israel.Read More NVMI Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NVMI Stock News HeadlinesDecember 1, 2023 | markets.businessinsider.comBuy Rating on Nova’s Stock Maintained Amidst Strong Growth and Positive Industry OutlookNovember 13, 2023 | msn.comNova Ltd. (NVMI) Crossed Above the 50-Day Moving Average: What That Means for InvestorsDecember 11, 2023 | Edge On The Street (Ad)The Battery Metal Nobody Told You AboutAccording to McKinsey and Company, the battery storage market is growing rapidly, especially with the transition to clean, renewable energy. Lithium-ion batteries still grab most of the headlines. But analysts now call safe and long-lasting batteries made with vanadium "the future of battery tech." November 11, 2023 | morningstar.comNova Ltd NVMINovember 10, 2023 | finance.yahoo.comNova Ltd. (NASDAQ:NVMI) Q3 2023 Earnings Call TranscriptNovember 9, 2023 | finanznachrichten.deNova Ltd. Reports Third Quarter 2023 Financial ResultsNovember 9, 2023 | markets.businessinsider.comNova Q3 Profit Falls, Yet Beats EstimatesNovember 9, 2023 | finance.yahoo.comNova Reports Third Quarter 2023 Financial ResultsDecember 11, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. November 9, 2023 | finance.yahoo.comNova (NASDAQ:NVMI) Q3: Beats On Revenue, Inventory Levels ImproveNovember 8, 2023 | msn.comNova Measuring Instruments Q3 2023 Earnings PreviewNovember 8, 2023 | finance.yahoo.comNova Earnings: What To Look For From NVMINovember 2, 2023 | msn.comNova Ltd. (NVMI) Increases Yet Falls Behind Market: What Investors Need to KnowOctober 26, 2023 | msn.comNova Ltd. (NVMI) Stock Moves -1.14%: What You Should KnowOctober 20, 2023 | finance.yahoo.comInstitutional investors in Nova Ltd. (NASDAQ:NVMI) lost 10% last week but have reaped the benefits of longer-term growthOctober 10, 2023 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Technology Stocks: Nova (NVMI) and Unity Software (U)October 10, 2023 | finance.yahoo.comNova to Report Third Quarter 2023 Financial Results on November 9October 9, 2023 | finance.yahoo.comUnveiling Nova (NVMI)'s Value: Is It Really Priced Right? A Comprehensive GuideOctober 5, 2023 | finance.yahoo.comCalculating The Intrinsic Value Of Nova Ltd. (NASDAQ:NVMI)September 27, 2023 | finance.yahoo.comThis Chip Stock Has Shot Up Over 300% in 5 Years -- Is It Too Late to Buy?September 25, 2023 | msn.comNova May Be At The Right Place For A Speculative PlaySeptember 21, 2023 | theglobeandmail.comQ1 Earnings Highlights: Micron Technology (NASDAQ:MU) Vs The Rest Of The Semiconductors StocksSeptember 14, 2023 | finance.yahoo.comNova Ltd. (NVMI) Upgraded to Strong Buy: Here's WhySeptember 12, 2023 | finance.yahoo.comIs Nova Ltd. (NVMI) Stock Outpacing Its Computer and Technology Peers This Year?September 11, 2023 | finance.yahoo.comUnveiling the Investment Potential of Nova Ltd (NVMI): A Comprehensive Analysis of Financial ...September 9, 2023 | finance.yahoo.comNova (NASDAQ:NVMI) Looks To Prolong Its Impressive ReturnsSeptember 8, 2023 | msn.comNova Ltd. (NVMI) Stock Sinks As Market Gains: What You Should KnowSee More Headlines Receive NVMI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Nova and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/09/2023Today12/11/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/21/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Optical instruments & lenses Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:NVMI CUSIPN/A CIK1109345 Webwww.novami.com Phone972732295600Fax972-8940-7776Employees1,177Year Founded1993Price Target and Rating Average Stock Price Target$116.67 High Stock Price Target$125.00 Low Stock Price Target$110.00 Potential Upside/Downside-8.1%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$4.22 Trailing P/E Ratio30.09 Forward P/E Ratio29.95 P/E Growth5.5Net Income$140.21 million Net Margins25.11% Pretax Margin28.57% Return on Equity21.60% Return on Assets13.47% Debt Debt-to-Equity RatioN/A Current Ratio2.25 Quick Ratio1.81 Sales & Book Value Annual Sales$534.94 million Price / Sales6.69 Cash Flow$5.84 per share Price / Cash Flow21.75 Book Value$20.47 per share Price / Book6.20Miscellaneous Outstanding Shares28,177,000Free Float27,895,000Market Cap$3.58 billion OptionableOptionable Beta1.35 Social Links 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Eitan Oppenhaim (Age 57)Executive Chairman of the Board Comp: $1.08MMr. Gabriel Waisman (Age 52)President & CEO Comp: $437.33kMr. Dror David (Age 54)Chief Financial Officer Comp: $463.24kMr. Gabi Sharon (Age 61)Chief Operating Officer Comp: $397.32kDr. Shay Wolfling (Age 51)Chief Technology Officer Comp: $441.85kMr. Zohar Gil (Age 56)Chief Marketing Officer Mr. C. Thomas LarsonVice President of Corporate DevelopmentMs. Sharon Dayan (Age 50)Chief Human Resources Officer Mr. Adrian S. Wilson (Age 51)President of Nova Measuring Instruments, Inc & GM of Material Metrology Division More ExecutivesKey CompetitorsCamtekNASDAQ:CAMTC3.aiNYSE:AISilicon LaboratoriesNASDAQ:SLABAdvanced Energy IndustriesNASDAQ:AEISBlackLineNASDAQ:BLView All CompetitorsInstitutional OwnershipWellington Management Group LLPSold 17,508 shares on 12/1/2023Ownership: 0.231%American Century Companies Inc.Bought 52,460 shares on 11/30/2023Ownership: 1.125%Deutsche Bank AGSold 173,569 shares on 11/24/2023Ownership: 0.007%Walleye Trading LLCBought 3,300 shares on 11/21/2023Ownership: 0.000%Walleye Capital LLCBought 300 shares on 11/21/2023Ownership: 0.000%View All Institutional Transactions NVMI Stock Analysis - Frequently Asked Questions Should I buy or sell Nova stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nova in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" NVMI shares. View NVMI analyst ratings or view top-rated stocks. What is Nova's stock price target for 2024? 3 brokerages have issued 12 month price targets for Nova's stock. Their NVMI share price targets range from $110.00 to $125.00. On average, they anticipate the company's stock price to reach $116.67 in the next year. This suggests that the stock has a possible downside of 10.8%. View analysts price targets for NVMI or view top-rated stocks among Wall Street analysts. How have NVMI shares performed in 2023? Nova's stock was trading at $81.68 at the start of the year. Since then, NVMI stock has increased by 60.1% and is now trading at $130.80. View the best growth stocks for 2023 here. When is Nova's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 21st 2024. View our NVMI earnings forecast. How were Nova's earnings last quarter? Nova Ltd. (NASDAQ:NVMI) announced its quarterly earnings results on Thursday, November, 9th. The semiconductor company reported $1.11 EPS for the quarter, topping analysts' consensus estimates of $0.96 by $0.15. The semiconductor company had revenue of $128.81 million for the quarter, compared to the consensus estimate of $123 million. Nova had a net margin of 25.11% and a trailing twelve-month return on equity of 21.60%. What ETFs hold Nova's stock? ETFs with the largest weight of Nova (NASDAQ:NVMI) stock in their portfolio include ARK Israel Innovative Technology ETF (IZRL), BlueStar Israel Technology ETF (ITEQ), VanEck Israel ETF (ISRA) and SPDR FactSet Innovative Technology ETF (XITK).Pacer BlueStar Engineering the Future ETF (BULD). What guidance has Nova issued on next quarter's earnings? Nova updated its fourth quarter 2023 earnings guidance on Monday, December, 11th. The company provided EPS guidance of 1.160-1.310 for the period, compared to the consensus earnings per share estimate of 1.090. The company issued revenue guidance of $123.0 million-$132.0 million, compared to the consensus revenue estimate of $127.3 million. What is Eitan Oppenhaim's approval rating as Nova's CEO? 18 employees have rated Nova Chief Executive Officer Eitan Oppenhaim on Glassdoor.com. Eitan Oppenhaim has an approval rating of 94% among the company's employees. This puts Eitan Oppenhaim in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Nova own? Based on aggregate information from My MarketBeat watchlists, some companies that other Nova investors own include NVIDIA (NVDA), Micron Technology (MU), Intel (INTC), Alibaba Group (BABA), Applied Materials (AMAT), Starbucks (SBUX), Activision Blizzard (ATVI), Broadcom (AVGO), Skyworks Solutions (SWKS) and Walt Disney (DIS). Who are Nova's major shareholders? Nova's stock is owned by a variety of institutional and retail investors. Top institutional investors include FMR LLC (7.71%), Adage Capital Partners GP L.L.C. (4.66%), Harel Insurance Investments & Financial Services Ltd. (4.11%), Migdal Insurance & Financial Holdings Ltd. (3.68%), Acadian Asset Management LLC (2.77%) and Meitav Investment House Ltd. (1.79%). How do I buy shares of Nova? Shares of NVMI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. Does Nova have any subsidiaries? The following companies are subsidiares of Nova: Ancosys Inc., Nova Measuring Instruments (Shanghai) Co. Ltd, Nova Measuring Instruments GmbH, Nova Measuring Instruments Inc., Nova Measuring Instruments K.K., Nova Measuring Instruments Korea Ltd., Nova Measuring Instruments Taiwan Ltd., ancosys GmbH, ancosys Instruments Taiwan Ltd, and ancosys Korea LLC.Read More This page (NASDAQ:NVMI) was last updated on 12/11/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Nova Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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