NASDAQ:NVMINova Measuring Instruments Stock Price, Forecast & News

Nova Measuring Instruments' stock was trading at $33.14 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, NVMI shares have increased by 43.9% and is now trading at $47.70. 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) 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 had revenue of $61.02 million for the quarter, compared to analyst estimates 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 updated its second quarter 2020 Pre-Market earnings guidance on Thursday, May, 14th. The company provided 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 brokerages have issued 12 month price objectives for Nova Measuring Instruments' shares. 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 twelve months. This suggests that the stock has a possible downside of 1.5%. View analysts' price targets for Nova Measuring Instruments.

Media stories about NVMI stock have been trending somewhat negative on Saturday, InfoTrie reports. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Nova Measuring Instruments earned a news impact score of -1.0 on InfoTrie's scale. They also gave news articles about the semiconductor company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an impact on the stock'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 presently 1.3 days. Approximately 0.6% of the company's shares 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 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 bought 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 $47.70.

Nova Measuring Instruments has a market capitalization of $1.34 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]