NASDAQ:NVMI Nova 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. $88.53 -0.83 (-0.93%) (As of 06/30/2022 12:00 AM ET) Add Compare Share Today's Range$86.39▼$89.7550-Day Range$88.53▼$109.8952-Week Range$86.39▼$149.15Volume196,397 shsAverage Volume163,270 shsMarket Capitalization$2.54 billionP/E Ratio24.66Dividend YieldN/APrice Target$128.50 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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 Stock Forecast (MarketRank)Overall MarketRank™2.41 out of 5 starsComputer And Technology Sector267th out of 937 stocksOptical Instruments & Lenses Industry3rd out of 6 stocksAnalyst Opinion: 3.5Community Rank: 5.0Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 - 3.5 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 6 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $128.50, Nova has a forecasted upside of 45.1% from its current price of $88.53.Amount of Analyst CoverageNova has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Community Rank Outperform VotesNova has received 434 “outperform” votes. (Add your “outperform” vote.)Underperform VotesNova has received 142 “underperform” votes. (Add your “underperform” vote.)Community SentimentNova has received 75.35% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Nova and other stocks. Vote “Outperform” if you believe NVMI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe NVMI will underperform the S&P 500 over the long term. You may vote once every thirty days. 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 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 Institutions78.65% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Nova are expected to grow by 4.21% in the coming year, from $4.28 to $4.46 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Nova is 24.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 34.52.Price to Earnings Ratio vs. SectorThe P/E ratio of Nova is 24.66, 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 81.33.Price to Earnings Growth RatioNova has a PEG Ratio of 2.46. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioNova has a P/B Ratio of 5.34. 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)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. The company was incorporated in 1993 and is headquartered in Rehovot, Israel.Read More NVMI Stock News HeadlinesJune 30, 2022 | proactiveinvestors.com.auNova CEO gets the gold fever amid exploration at RPM North - Proactive Investors AustraliaJune 29, 2022 | proactiveinvestors.com.auNova Minerals names Anna Ladd-Kruger as non-executive chair of the board - Proactive Investors AustraliaJune 29, 2022 | globenewswire.comFeel the steam with Harvia Nova like never before - GlobeNewswireJune 29, 2022 | americanbankingnews.comNova Ltd. (NASDAQ:NVMI) Receives $136.00 Consensus PT from BrokeragesJune 29, 2022 | finance.yahoo.comNova Credit Announces Estimated Bankruptcy Rate 0.185% in Q2 2022 - Yahoo FinanceJune 28, 2022 | proactiveinvestors.com.auNova Minerals hits continuous mineralisation and visible gold at RPM North - Proactive Investors AustraliaJune 27, 2022 | finance.yahoo.comWhat Type Of Shareholders Own The Most Number of Nova Ltd. (NASDAQ:NVMI) Shares?June 26, 2022 | finance.yahoo.comNOVA CANNABIS INC. ANNOUNCES VOTING RESULTS FROM ITS ANNUAL GENERAL MEETING OF SHAREHOLDERS - Yahoo FinanceJune 24, 2022 | seekingalpha.comNova Royalty: Cash Needs And Falling Copper Prices Are Bad - Seeking AlphaJune 22, 2022 | streetinsider.comNova Mentis to Present at the HC Wainwright Mental Health Conference - StreetInsider.comJune 20, 2022 | techcrunch.comLG Nova announces its Mission for the Future startup selectees. - TechCrunchJune 17, 2022 | nasdaq.comFirst Week of NOVA August 19th Options Trading - NasdaqJune 17, 2022 | seekingalpha.comNova Stock: Good Performance, But Wait Until Dust Settles (NASDAQ:NVMI) - Seeking AlphaSee More Headlines Industry, 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 Founded1993Company Calendar Last Earnings5/12/2022Today6/30/2022Next Earnings (Estimated)8/04/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$128.50 High Stock Price Forecast$146.00 Low Stock Price Forecast$113.00 Forecasted Upside/Downside+45.1%Consensus RatingBuy Rating Score (0-4)3 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$3.59 Trailing P/E Ratio24.66 Forward P/E Ratio20.68 P/E Growth2.46Net Income$93.10 million Net Margins23.53% Pretax Margin27.34% Return on Equity27.51% Return on Assets15.87% Debt Debt-to-Equity RatioN/A Current Ratio1.73 Quick Ratio1.42 Sales & Book Value Annual Sales$416.11 million Price / Sales6.10 Cash Flow$3.78 per share Price / Cash Flow23.42 Book Value$16.58 per share Price / Book5.34Miscellaneous Outstanding Shares28,677,000Free Float28,390,000Market Cap$2.54 billion OptionableOptionable Beta1.19 Social Links Nova Frequently Asked Questions Should I buy or sell Nova stock right now? 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Nova in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Nova stock. View analyst ratings for Nova or view top-rated stocks. What is Nova's stock price forecast for 2022? 6 brokerages have issued 12-month price objectives for Nova's stock. Their NVMI stock forecasts range from $113.00 to $146.00. On average, they predict Nova's stock price to reach $128.50 in the next twelve months. This suggests a possible upside of 45.1% from the stock's current price. View analysts' price targets for Nova or view top-rated stocks among Wall Street analysts. How has Nova's stock performed in 2022? Nova's stock was trading at $146.50 on January 1st, 2022. Since then, NVMI stock has decreased by 39.6% and is now trading at $88.53. View the best growth stocks for 2022 here. When is Nova's next earnings date? Nova is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022. View our earnings forecast for Nova. How were Nova's earnings last quarter? Nova Ltd. (NASDAQ:NVMI) issued its quarterly earnings results on Thursday, May, 12th. The semiconductor company reported $1.20 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.25. The semiconductor company earned $134 million during the quarter, compared to analyst estimates of $126.76 million. Nova had a net margin of 23.53% and a trailing twelve-month return on equity of 27.51%. The business's quarterly revenue was up 59.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.62 EPS. View Nova's earnings history. What guidance has Nova issued on next quarter's earnings? Nova issued an update on its second quarter 2022 earnings guidance on Thursday, June, 9th. The company provided earnings per share guidance of $1.09-$1.23 for the period, compared to the consensus estimate of $1.04. The company issued revenue guidance of $133.00 million-$141.00 million, compared to the consensus revenue estimate of $128.86 million. Who are Nova's key executives? Nova's management team includes the following people: Mr. Eitan Oppenhaim, Pres, CEO & Director (Age 56, Pay $1.08M)Mr. Dror David, Chief Financial Officer (Age 53, Pay $463.24k)Mr. Gabi Sharon, Chief Operating Officer (Age 60, Pay $397.32k)Dr. Shay Wolfling, Chief Technology Officer (Age 50, Pay $441.85k)Mr. Gabriel Waisman, Chief Bus. Officer (Age 51, Pay $437.33k)Mr. Zohar Gil, Chief Marketing Officer (Age 55)Mr. C. Thomas Larson, VP of Corp. Devel.Ms. Sharon Dayan, Chief HR Officer (Age 49)Mr. Adrian S. Wilson, Pres of Nova Measuring Instruments, Inc & GM of Material Metrology Division (Age 50) What is Eitan Oppenhaim's approval rating as Nova's CEO? 18 employees have rated Nova CEO Eitan Oppenhaim on Glassdoor.com. Eitan Oppenhaim has an approval rating of 94% among Nova's employees. This puts Eitan Oppenhaim in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. Who are some of Nova's key competitors? Some companies that are related to Nova include II-VI (IIVI), Topcon (TOPCF), Camtek (CAMT), CyberOptics (CYBE), Optex Systems (OPXS) and ProPhotonix (STKR). View all of NVMI's competitors. 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." How do I buy shares of Nova? Shares of NVMI 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 $88.53. How much money does Nova make? Nova (NASDAQ:NVMI) has a market capitalization of $2.54 billion and generates $416.11 million in revenue each year. The semiconductor company earns $93.10 million in net income (profit) each year or $3.59 on an earnings per share basis. How many employees does Nova have? Nova employs 819 workers across the globe. When was Nova founded? Nova was founded in 1993. 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 Nova is www.novami.com. The semiconductor company can be reached via phone at 972732295600, via email at [email protected], or via fax at 972-8940-7776. 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