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 quarterly earnings results on Thursday, November, 7th. The semiconductor company reported $0.40 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.23 by $0.17. The semiconductor company had revenue of $52.51 million for the quarter, compared to analyst estimates of $50.73 million. Nova Measuring Instruments had a return on equity of 14.97% and a net margin of 16.99%. The company's revenue for the quarter was down 17.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.52 EPS. View Nova Measuring Instruments' Earnings History.

Nova Measuring Instruments is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for Nova Measuring Instruments.

Nova Measuring Instruments will be holding an earnings conference call on Thursday, February 13th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Nova Measuring Instruments updated its fourth quarter 2019 Pre-Market earnings guidance on Monday, November, 25th. The company provided EPS guidance of $0.40-0.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.37. The company issued revenue guidance of $$56-62 million, compared to the consensus revenue estimate of $$57.2 million.

4 brokers have issued 12 month target prices for Nova Measuring Instruments' stock. Their forecasts range from $34.00 to $40.00. On average, they expect Nova Measuring Instruments' stock price to reach $36.00 in the next twelve months. This suggests that the stock has a possible downside of 9.7%. View Analyst Price Targets 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." View Analyst Ratings for Nova Measuring Instruments.

Media stories about NVMI stock have been trending negative recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Nova Measuring Instruments earned a news impact score of -2.5 on InfoTrie's scale. They also assigned press coverage about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Nova Measuring Instruments.

Nova Measuring Instruments saw a decline in short interest in the month of December. As of December 31st, there was short interest totalling 30,600 shares, a decline of 48.1% from the December 15th total of 59,000 shares. Based on an average daily volume of 68,100 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company's shares are short sold. 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).

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), Starbucks (SBUX), Alibaba Group (BABA), Activision Blizzard (ATVI), Walt Disney (DIS) and Gilead Sciences (GILD).

Nova Measuring Instruments' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Calamos Advisors LLC (0.34%).

NVMI stock was bought by a variety of institutional investors in the last quarter, including Calamos Advisors LLC.

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 $39.88.

Nova Measuring Instruments has a market capitalization of $1.11 billion and generates $251.13 million in revenue each year. The semiconductor company earns $54.38 million in net income (profit) each year or $1.96 on an earnings per share basis. Nova Measuring Instruments employs 662 workers across the globe.View Additional Information About Nova Measuring Instruments.

The official website for Nova Measuring Instruments is http://www.novami.com/.

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 972-73-229-5833 or via email at [email protected]