NASDAQ:NVMI Nova - NVMI Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $97.06 -4.22 (-4.17%) (As of 03/28/2023 10:39 AM ET) Add Compare Share Share Today's Range$97.06▼$100.3850-Day Range$87.70▼$103.6452-Week Range$67.40▼$117.48Volume13,308 shsAverage Volume109,333 shsMarket Capitalization$2.78 billionP/E Ratio22.06Dividend YieldN/APrice Target$111.50 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Nova MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside13.6% Upside$111.50 Price TargetShort InterestBearish2.26% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.33Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth16.52%From $3.45 to $4.02 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.2.14 out of 5 starsComputer And Technology Sector346th out of 616 stocksOptical Instruments & Lenses Industry3rd out of 5 stocks 2.5 Analyst's Opinion Consensus RatingNova has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $111.50, Nova has a forecasted upside of 13.6% from its current price of $98.16.Amount of Analyst CoverageNova has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.26% 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 5.8.Change versus previous monthShort interest in Nova has recently increased by 6.87%, indicating that investor sentiment is decreasing significantly. 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 1.8 News and Social Media Coverage News SentimentNova has a news sentiment score of 0.33. 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 lower news sentiment than the 0.47 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Nova this week, compared to 4 articles on an average week.Search Interest6 people have searched for NVMI on MarketBeat in the last 30 days. This is an increase of 500% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Nova to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% 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 Institutions70.02% 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 3.1 Earnings and Valuation Earnings GrowthEarnings for Nova are expected to grow by 16.52% in the coming year, from $3.45 to $4.02 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Nova is 22.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.87.Price to Earnings Ratio vs. SectorThe P/E ratio of Nova is 22.31, 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 299.40.Price to Book Value per Share RatioNova has a P/B Ratio of 4.80. 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 (NASDAQ:NVMI) StockNova Ltd. engages in the provision of metrology solutions for the semiconductor manufacturing industry. Its products and services include dimensional metrology, in-line materials and chemical metrology for semiconductor manufacturing and software solutions. The company was founded by Giora Dishon and Moshe Finarov in May 1993 and is headquartered in Rehovot, Israel.Read More 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 NVMI Stock News HeadlinesMarch 23, 2023 | finance.yahoo.comNova Opens New Large-Scale Clean Room in IsraelMarch 16, 2023 | finance.yahoo.comInvestors in Nova (NASDAQ:NVMI) have made a impressive return of 247% over the past three yearsMarch 28, 2023 | Press Research (Ad)Nevada Could be the Source for America's Green FutureIndustry shift towards lithium driven by green energy goalsFebruary 21, 2023 | finance.yahoo.comNova Announces Leadership ChangesFebruary 15, 2023 | finance.yahoo.comNova Reports Fourth Quarter and Full Year 2022 ResultsFebruary 13, 2023 | finance.yahoo.comWhen Should You Buy Nova Ltd. (NASDAQ:NVMI)?January 21, 2023 | finance.yahoo.comIs Nova Ltd.'s (NASDAQ:NVMI) Recent Stock Performance Tethered To Its Strong Fundamentals?January 9, 2023 | finance.yahoo.comNova to Report Fourth Quarter and Full Year 2022 Financial Results on February 15, 2023March 28, 2023 | Press Research (Ad)Nevada Could be the Source for America's Green FutureIndustry shift towards lithium driven by green energy goalsJanuary 3, 2023 | finance.yahoo.comNova to Present at the 25th Annual Needham Growth ConferenceDecember 20, 2022 | finance.yahoo.comLeading Logic Manufacturer Selects Nova ELIPSON™December 4, 2022 | finance.yahoo.comNova Ltd. (NASDAQ:NVMI) is favoured by institutional owners who hold 77% of the companyNovember 9, 2022 | finance.yahoo.comNova Third Quarter 2022 Earnings: Beats ExpectationsNovember 3, 2022 | finance.yahoo.comNova Reports Results for Third Quarter of 2022October 25, 2022 | nasdaq.comNova's (NASDAQ:NVMI) Returns Have Hit A WallOctober 22, 2022 | finance.yahoo.comReturns At Nova (NASDAQ:NVMI) Appear To Be Weighed DownOctober 19, 2022 | businesswire.comAutonomy and Nova Credit Launch Partnership to Expand Access to Electric Vehicles - Business WireOctober 13, 2022 | businesswire.comCepton's Nova Lidar Named “Automotive Sensor Hardware Solution of the Year” by AutoTech Breakthrough - Business WireOctober 13, 2022 | finance.yahoo.comCepton’s Nova Lidar Named "Automotive Sensor Hardware Solution of the Year" by AutoTech Breakthrough - Yahoo FinanceOctober 13, 2022 | businesswire.comNOVA Solution Launches Market Need for Data Visualization Dashboards - Business WireOctober 11, 2022 | wsj.com'Quietude' by Eliane Elias Review: Beachy Bossa Nova - The Wall Street JournalOctober 11, 2022 | finance.yahoo.comNova to Announce Third Quarter 2022 Financial Results on November 3October 7, 2022 | finance.yahoo.comInvestors in Nova (NASDAQ:NVMI) have made a solid return of 187% over the past five yearsOctober 6, 2022 | golfweek.usatoday.comFierce freshmen take the reins as Nova Southeastern outduels Flagler at Golfweek D2 Fall Invitational - GolfweekOctober 6, 2022 | golfweek.usatoday.comFierce freshmen take the reins as Nova Southeastern outduels Flagler at Golfweek D2 Fall Challenge - GolfweekOctober 4, 2022 | globenewswire.comProactive news headlines including Nova Minerals, Eastern Metals, Piedmont Lithium and Carnavale Resources - GlobeNewswireSeptember 30, 2022 | globenewswire.comArbswap Launches the Nova Accelerator to Support Arbitrum's - GlobeNewswireSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 NVMI Company Calendar Last Earnings11/04/2021Today3/28/2023Next Earnings (Estimated)5/11/2023Fiscal Year End12/31/2023Get 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 Phone972732295600Fax972-8940-7776Employees819Year Founded1993Price Target and Rating Average Stock Price Forecast$111.50 High Stock Price Forecast$123.00 Low Stock Price Forecast$106.00 Forecasted Upside/Downside+10.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$4.40 Trailing P/E Ratio23.02 Forward P/E Ratio29.36 P/E GrowthN/ANet Income$140.21 million Net Margins24.57% Pretax Margin27.76% Return on Equity27.41% Return on Assets15.99% Debt Debt-to-Equity Ratio0.33 Current Ratio4.57 Quick Ratio3.70 Sales & Book Value Annual Sales$570.73 million Price / Sales5.09 Cash Flow$5.76 per share Price / Cash Flow17.58 Book Value$20.47 per share Price / Book4.95Miscellaneous Outstanding Shares28,680,000Free Float28,391,000Market Cap$2.90 billion OptionableOptionable Beta1.24 Social Links Key ExecutivesEitan OppenhaimPresident, Chief Executive Officer & DirectorGabi SharonChief Operating OfficerDror DavidChief Financial OfficerShay WolflingChief Technology OfficerTom LarsonVice President-Corporate DevelopmentKey CompetitorsCamtekNASDAQ:CAMTPagerDutyNYSE:PDAppianNASDAQ:APPNStoneCoNASDAQ:STNESiTimeNASDAQ:SITMView All CompetitorsInstitutional OwnershipAlliancebernstein L.P.Bought 167 shares on 2/16/2023Ownership: 0.015%Morgan StanleyBought 7,521 shares on 2/15/2023Ownership: 0.549%Legal & General Group PlcSold 3,246 shares on 2/15/2023Ownership: 0.242%Schonfeld Strategic Advisors LLCSold 300 shares on 2/15/2023Ownership: 0.021%Virtu Financial LLCBought 3,050 shares on 2/15/2023Ownership: 0.011%View All Institutional Transactions NVMI Stock - Frequently Asked Questions Should I buy or sell Nova stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Nova in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" NVMI shares. View NVMI analyst ratings or view top-rated stocks. What is Nova's stock price forecast for 2023? 3 Wall Street analysts have issued 12-month price targets for Nova's shares. Their NVMI share price forecasts range from $106.00 to $123.00. On average, they expect the company's share price to reach $111.50 in the next year. This suggests a possible upside of 10.1% from the stock's current price. 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 beginning of 2023. Since then, NVMI stock has increased by 24.0% and is now trading at $101.28. 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 Thursday, May 11th 2023. View our NVMI earnings forecast. How were Nova's earnings last quarter? Nova Ltd. (NASDAQ:NVMI) announced its quarterly earnings data on Thursday, November, 4th. The semiconductor company reported $1.16 EPS for the quarter, beating the consensus estimate of $0.92 by $0.24. The semiconductor company had revenue of $112.70 million for the quarter, compared to analysts' expectations of $102.81 million. Nova had a net margin of 24.57% and a trailing twelve-month return on equity of 27.41%. The business's quarterly revenue was up 62.2% on a year-over-year basis. During the same period last year, the company posted $0.52 EPS. 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), SPDR FactSet Innovative Technology ETF (XITK), First Trust NASDAQ BuyWrite Income ETF (FTQI), AAM Transformers ETF (TRFM) and Pacer BlueStar Engineering the Future ETF (BULD).iShares MSCI EAFE Small-Cap ETF (SCZ). What guidance has Nova issued on next quarter's earnings? Nova updated its first quarter 2023 earnings guidance on Wednesday, February, 15th. The company provided earnings per share guidance of $0.93-$1.14 for the period, compared to the consensus EPS estimate of $1.06. The company issued revenue guidance of $125.00 million-$135.00 million, compared to the consensus revenue estimate of $130.68 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). What is Nova's stock symbol? Nova trades on the NASDAQ under the ticker symbol "NVMI." Who are Nova's major shareholders? Nova's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Harel Insurance Investments & Financial Services Ltd. (4.26%), Renaissance Technologies LLC (3.31%), Premier Fund Managers Ltd (3.25%), Meitav Dash Investments Ltd. (2.63%), Clal Insurance Enterprises Holdings Ltd (1.25%) and American Century Companies Inc. (1.21%). 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. What is Nova's stock price today? One share of NVMI stock can currently be purchased for approximately $101.28. How much money does Nova make? Nova (NASDAQ:NVMI) has a market capitalization of $2.90 billion and generates $570.73 million in revenue each year. The semiconductor company earns $140.21 million in net income (profit) each year or $4.40 on an earnings per share basis. How many employees does Nova have? The company employs 819 workers across the globe. 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 How can I contact Nova? Nova's mailing address is 5 DAVID FIKES STREET P.O. BOX 266, REHOVOT L3, 7610201. The official website for the company is www.novami.com. The semiconductor company can be reached via phone at 972732295600, via email at john@theinvestor.co.il, or via fax at 972-8940-7776. 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