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 47.3% and is now trading at $48.82. 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 earnings results 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 analysts' expectations 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 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 analysts have issued 1-year price targets for Nova Measuring Instruments' shares. Their forecasts range from $46.00 to $50.00. On average, they expect Nova Measuring Instruments' share price to reach $48.00 in the next twelve months. This suggests that the stock has a possible downside of 1.7%. View analysts' price targets for Nova Measuring Instruments.

Media stories about NVMI stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Nova Measuring Instruments earned a coverage optimism score of -1.8 on InfoTrie's scale. They also assigned press coverage about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news about Nova Measuring Instruments.

Nova Measuring Instruments saw a increase in short interest during 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 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). 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 many different institutional and retail investors. Top institutional shareholders 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 $48.82.

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]