NASDAQ:NVMINova Measuring Instruments Stock Price, Forecast & News

Nova Measuring Instruments' stock was trading at $33.14 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, NVMI shares have increased by 39.9% and is now trading at $46.36. 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 4 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) posted its earnings results on Thursday, May, 14th. The semiconductor company reported $0.47 EPS for the quarter, topping analysts' consensus estimates of $0.36 by $0.11. The semiconductor company had revenue of $61.02 million for the quarter, compared to analysts' expectations of $54.70 million. Nova Measuring Instruments had a return on equity of 14.28% and a net margin of 17.05%. View Nova Measuring Instruments' earnings history.

Nova Measuring Instruments issued an update on 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 estimate of $0.33. The company issued revenue guidance of $58-66 million, compared to the consensus revenue estimate of $55.65 million.

4 brokers have issued 1-year target prices for Nova Measuring Instruments' stock. Their forecasts range from $45.00 to $50.00. On average, they expect Nova Measuring Instruments' share price to reach $47.00 in the next year. This suggests a possible upside of 1.4% from the stock's current price. View analysts' price targets for Nova Measuring Instruments.

News articles about NVMI stock have been trending very negative this week, according to InfoTrie. The research group scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Nova Measuring Instruments earned a media sentiment score of -3.5 on InfoTrie's scale. They also gave media coverage about the semiconductor company a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an effect on the company's share price in the near future. View the latest news aboutNova Measuring Instruments.

Nova Measuring Instruments saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 148,900 shares, an increase of 30.0% from the April 30th total of 114,500 shares. Based on an average trading volume of 117,900 shares, the short-interest ratio is currently 1.3 days. Currently, 0.6% of the shares of the stock are short sold. 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 shareholders include Wasatch Advisors Inc. (6.00%), Harel Insurance Investments & Financial Services Ltd. (4.79%), Acadian Asset Management LLC (3.96%), Vaughan Nelson Investment Management L.P. (3.34%), Meitav Dash Investments Ltd. (1.75%) and Ibex Investors LLC (1.68%).

NVMI stock was sold by a variety of institutional investors in the last quarter, including Phoenix Holdings Ltd., Ibex Investors LLC, Morgan Stanley, Morgan Stanley, Calamos Advisors LLC, JPMorgan Chase & Co., Russell Investments Group Ltd., and Needham Investment Management LLC.

NVMI stock was acquired by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., Meitav Dash Investments Ltd., Altshuler Shaham Ltd, 1832 Asset Management L.P., Parametric Portfolio Associates LLC, Vaughan Nelson Investment Management L.P., Jane Street Group LLC, and Deutsche Bank AG.

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 $46.36.

Nova Measuring Instruments has a market capitalization of $1.30 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]