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) issued its earnings results on Thursday, February, 13th. The semiconductor company reported $0.51 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.46 by $0.05. The semiconductor company earned $64.63 million during the quarter, compared to analyst estimates of $59.83 million. Nova Measuring Instruments's quarterly revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.59 earnings per share. 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 1-year price targets for Nova Measuring Instruments' shares. Their forecasts range from $44.00 to $46.00. On average, they anticipate Nova Measuring Instruments' stock price to reach $45.00 in the next twelve months. This suggests a possible upside of 12.6% 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 coverage about NVMI stock has trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Nova Measuring Instruments earned a news impact score of 2.0 on InfoTrie's scale. They also assigned media headlines about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Nova Measuring Instruments.

Nova Measuring Instruments saw a increase in short interest in 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 short-interest ratio is presently 0.7 days. Currently, 0.2% of the company's shares are short sold. View Nova Measuring Instruments' Current Options Chain.

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 variety 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 Ibex Investors LLC (2.08%).

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

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 Goldman Sachs Group 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 $39.96.