NASDAQ:NVMI - Nova Measuring Instruments Stock Price, Forecast & News

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

Nova Measuring Instruments Ltd. (NASDAQ:NVMI) released its earnings results on Thursday, February, 13th. The semiconductor company reported $0.51 EPS for the quarter, beating the Zacks' consensus estimate of $0.46 by $0.05. The semiconductor company earned $64.63 million during the quarter, compared to analysts' expectations of $59.83 million. Nova Measuring Instruments had a return on equity of 13.73% and a net margin of 15.64%. The firm's revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.59 EPS. View Nova Measuring Instruments' Earnings History.

Nova Measuring Instruments is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for Nova Measuring Instruments.

Nova Measuring Instruments issued an update on its first quarter earnings guidance on Thursday, February, 13th. The company provided EPS guidance of $0.26-0.42 for the period, compared to the Thomson Reuters consensus estimate of $0.41. The company issued revenue guidance of $50-60 million, compared to the consensus revenue estimate of $59.70 million.

3 Wall Street analysts have issued twelve-month price targets for Nova Measuring Instruments' stock. Their forecasts range from $44.00 to $46.00. On average, they expect Nova Measuring Instruments' share price to reach $45.00 in the next year. This suggests a possible upside of 17.5% from the stock's current price. View Analyst Price Targets for Nova Measuring Instruments.

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

News stories about NVMI stock have trended somewhat negative recently, according to InfoTrie. The research firm ranks 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 daily sentiment score of -1.8 on InfoTrie's scale. They also assigned headlines about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Nova Measuring Instruments.

Nova Measuring Instruments saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 55,700 shares, an increase of 82.0% from the January 15th total of 30,600 shares. Based on an average daily volume of 80,600 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.2% of the shares of the stock 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).

Based on aggregate information from My MarketBeat watchlists, some companies that other Nova Measuring Instruments investors own include Micron Technology (MU), NVIDIA (NVDA), Applied Materials (AMAT), Broadcom (AVGO), Intel (INTC), Alibaba Group (BABA), Starbucks (SBUX), Activision Blizzard (ATVI), Walt Disney (DIS) and Gilead Sciences (GILD).

Nova Measuring Instruments' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (7.15%), Harel Insurance Investments & Financial Services Ltd. (4.84%), Menora Mivtachim Holdings LTD. (4.33%), Migdal Insurance & Financial Holdings Ltd. (3.31%), Vaughan Nelson Investment Management L.P. (3.27%) and Phoenix Holdings Ltd. (2.36%).

NVMI stock was sold by a variety of institutional investors in the last quarter, including Menora Mivtachim Holdings LTD., Phoenix Holdings Ltd., Renaissance Technologies LLC, Vaughan Nelson Investment Management L.P., Royce & Associates LP, Ibex Investors LLC, Harel Insurance Investments & Financial Services Ltd. and ARK Investment Management LLC.

NVMI stock was acquired by a variety of institutional investors in the last quarter, including Calamos Advisors LLC, EAM Global Investors LLC, Russell Investments Group Ltd., State of New Jersey Common Pension Fund D, State of Tennessee Treasury Department, Jane Street Group LLC, Migdal Insurance & Financial Holdings Ltd. and 1832 Asset Management L.P..

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 $38.30.

Nova Measuring Instruments has a market capitalization of $1.07 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.View Additional Information About Nova Measuring Instruments.

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

Nova Measuring Instruments' mailing address is Weizmann Science Park Einstein St. Building 22 2nd Floor, Ness-Ziona L3, 7610201. The semiconductor company can be reached via phone at 972-73-229-5833 or via email at [email protected]