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 stock has increased by 60.1% and is now trading at $53.06.
View which stocks have been most impacted by COVID-19.

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 Thursday, November 5th 2020.
View our earnings forecast for Nova Measuring Instruments.

Nova Measuring Instruments Ltd. (NASDAQ:NVMI) released its quarterly earnings data on Tuesday, August, 4th. The semiconductor company reported $0.48 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.44 by $0.04. The semiconductor company had revenue of $62.60 million for the quarter, compared to the consensus estimate of $62.30 million. Nova Measuring Instruments had a return on equity of 15.12% and a net margin of 17.16%. The business's quarterly revenue was up 22.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.32 EPS.
View Nova Measuring Instruments' earnings history.

Nova Measuring Instruments issued an update on its third quarter earnings guidance on Tuesday, August, 4th. The company provided earnings per share guidance of $0.34-0.47 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.42. The company issued revenue guidance of $58-66 million, compared to the consensus revenue estimate of $61.85 million.

4 equities research analysts have issued 1 year price targets for Nova Measuring Instruments' shares. Their forecasts range from $46.00 to $63.00. On average, they expect Nova Measuring Instruments' share price to reach $54.25 in the next twelve months. This suggests a possible upside of 2.2% from the stock's current price.
View analysts' price targets for Nova Measuring Instruments.

News headlines about NVMI stock have been trending extremely negative recently, InfoTrie reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Nova Measuring Instruments earned a news sentiment score of -4.1 on InfoTrie's scale. They also assigned media coverage about the semiconductor company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near future.
View the latest news about Nova Measuring Instruments.

Nova Measuring Instruments saw a increase in short interest in February. As of February 15th, there was short interest totaling 93,500 shares, an increase of 75.1% from the January 31st total of 53,400 shares. Based on an average daily trading volume, of 100,000 shares, the short-interest ratio is currently 0.9 days. Currently, 0.4% of the company's stock are sold short.
View Nova Measuring Instruments' Short Interest.

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), Alibaba Group (BABA), Intel (INTC), Applied Materials (AMAT), Starbucks (SBUX), Activision Blizzard (ATVI), Broadcom (AVGO), Walt Disney (DIS) and Skyworks Solutions (SWKS).

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

Nova Measuring Instruments' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Wasatch Advisors Inc. (6.23%), Harel Insurance Investments & Financial Services Ltd. (4.63%), Ibex Investors LLC (1.42%), Meitav Dash Investments Ltd. (1.02%), Phoenix Holdings Ltd. (0.91%) and Thrivent Financial for Lutherans (0.52%).

NVMI stock was sold by a variety of institutional investors in the last quarter, including Meitav Dash Investments Ltd., Phoenix Holdings Ltd., Ibex Investors LLC, Thrivent Financial for Lutherans, Harel Insurance Investments & Financial Services Ltd., Russell Investments Group Ltd., Natixis Advisors L.P., and EAM Investors LLC.

NVMI stock was bought by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., SG Americas Securities LLC, Navellier & Associates Inc, Trexquant Investment LP, Swiss National Bank, State of Tennessee Treasury Department, Virtu Financial LLC, and James Investment Research 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 $53.06.

Nova Measuring Instruments has a market capitalization of $1.49 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]