NASDAQ:NVMI - Nova Measuring Instruments Stock Price, Price Target & More

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

Nova Measuring Instruments Ltd. (NASDAQ:NVMI) released its earnings results on Wednesday, May, 2nd. The semiconductor company reported $0.54 EPS for the quarter, beating the consensus estimate of $0.38 by $0.16. The semiconductor company earned $62.60 million during the quarter, compared to analyst estimates of $57.45 million. Nova Measuring Instruments had a net margin of 20.48% and a return on equity of 24.17%. The business's quarterly revenue was up 15.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.50 earnings per share. View Nova Measuring Instruments' Earnings History.

Nova Measuring Instruments is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Nova Measuring Instruments.

Nova Measuring Instruments issued an update on its second quarter earnings guidance on Wednesday, May, 2nd. The company provided EPS guidance of $0.35-0.45 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.49. The company issued revenue guidance of $57-63 million, compared to the consensus revenue estimate of $61.45 million.

4 Wall Street analysts have issued 1-year price objectives for Nova Measuring Instruments' stock. Their forecasts range from $32.00 to $35.00. On average, they expect Nova Measuring Instruments' share price to reach $33.50 in the next twelve months. This suggests a possible upside of 18.3% from the stock's current price. View Analyst Ratings for Nova Measuring Instruments.

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."

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).

Media headlines about NVMI stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Nova Measuring Instruments earned a news sentiment score of 0.15 on Accern's scale. They also gave news stories about the semiconductor company an impact score of 46.64 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Nova Measuring Instruments' stock is owned by a number of of retail and institutional investors. Top institutional investors include IDB DEVELOPMENT CORP LTD (5.21%). View Institutional Ownership Trends for Nova Measuring Instruments.

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, Scottrade, Fidelity and Charles Schwab.

One share of NVMI stock can currently be purchased for approximately $28.32.

Nova Measuring Instruments has a market capitalization of $790.07 million and generates $221.99 million in revenue each year. The semiconductor company earns $46.45 million in net income (profit) each year or $1.85 on an earnings per share basis. Nova Measuring Instruments employs 616 workers across the globe.

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 972-73-229-5600 or via email at [email protected]