NASDAQ:NVMINova Measuring Instruments Stock Price, Forecast & News

Nova Measuring Instruments' stock was trading at $33.14 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, NVMI stock has increased by 47.0% and is now trading at $48.73. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nova Measuring Instruments in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Nova Measuring Instruments.

Nova Measuring Instruments is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Nova Measuring Instruments.

Nova Measuring Instruments Ltd. (NASDAQ:NVMI) announced its quarterly earnings data on Thursday, May, 14th. The semiconductor company reported $0.47 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.36 by $0.11. The semiconductor company earned $61.02 million during the quarter, compared to the consensus estimate of $54.70 million. Nova Measuring Instruments had a net margin of 17.05% and a return on equity of 14.28%. View Nova Measuring Instruments' earnings history.

Nova Measuring Instruments updated its second quarter 2020 Pre-Market earnings guidance on Thursday, May, 14th. The company provided earnings per share (EPS) guidance of 0.37-0.51 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.33. The company issued revenue guidance of $58-66 million, compared to the consensus revenue estimate of $55.65 million.

4 Wall Street analysts have issued twelve-month target prices for Nova Measuring Instruments' stock. Their forecasts range from $46.00 to $50.00. On average, they expect Nova Measuring Instruments' stock price to reach $48.00 in the next twelve months. This suggests that the stock has a possible downside of 1.5%. View analysts' price targets for Nova Measuring Instruments.

News headlines about NVMI stock have been trending negative recently, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Nova Measuring Instruments earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave media stories about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news about Nova Measuring Instruments.

Nova Measuring Instruments saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 233,900 shares, an increase of 11.6% from the June 15th total of 209,600 shares. Based on an average daily trading volume, of 123,400 shares, the short-interest ratio is presently 1.9 days. Currently, 0.9% of the shares of the company are sold short. View Nova Measuring Instruments' Current Options Chain.

Some companies that are related to Nova Measuring Instruments include II-VI (IIVI), Topcon (TOPCF), Camtek (CAMT), CyberOptics (CYBE), Perceptron (PRCP), Optex Systems Hldg InCorp (OPXS) and ProPhotonix (STKR). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Nova Measuring Instruments investors own include NVIDIA (NVDA), Micron Technology (MU), Intel (INTC), Applied Materials (AMAT), Alibaba Group (BABA), Broadcom (AVGO), Starbucks (SBUX), Lam Research (LRCX), Skyworks Solutions (SWKS) and Activision Blizzard (ATVI).

Nova Measuring Instruments trades on the NASDAQ under the ticker symbol "NVMI."

Nova Measuring Instruments' stock is owned by a variety of retail and institutional investors. Top institutional investors include Envestnet Asset Management Inc. (0.02%).

NVMI stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc..

Shares of NVMI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of NVMI stock can currently be purchased for approximately $48.73.

Nova Measuring Instruments has a market capitalization of $1.37 billion and generates $224.91 million in revenue each year. The semiconductor company earns $35.17 million in net income (profit) each year or $1.43 on an earnings per share basis. Nova Measuring Instruments employs 662 workers across the globe.

The official website for Nova Measuring Instruments is www.novami.com.

Nova Measuring Instruments' mailing address is 5 DAVID FIKES STREET P.O. BOX 266, REHOVOT L3, 7610201. The semiconductor company can be reached via phone at 972-73-229-5600 or via email at [email protected]