Nova Measuring Instruments Company Profile (NASDAQ:NVMI)

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

Nova Measuring Instruments Ltd. (NASDAQ:NVMI) posted its earnings results on Wednesday, August, 2nd. The company reported $0.52 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.40 by $0.12. The company earned $56.10 million during the quarter, compared to analysts' expectations of $54.48 million. Nova Measuring Instruments had a net margin of 14.79% and a return on equity of 26.03%. Nova Measuring Instruments's quarterly revenue was up 57.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.17 EPS. View Nova Measuring Instruments' Earnings History.

Nova Measuring Instruments is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for Nova Measuring Instruments.

Nova Measuring Instruments updated its third quarter earnings guidance on Wednesday, August, 2nd. The company provided earnings per share guidance of $0.33-0.43 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.35. The company issued revenue guidance of $51-56 million, compared to the consensus revenue estimate of $51.43 million.

3 equities research analysts have issued 1 year target prices for Nova Measuring Instruments' stock. Their forecasts range from $22.00 to $32.00. On average, they anticipate Nova Measuring Instruments' stock price to reach $27.67 in the next twelve months. View Analyst Ratings for Nova Measuring Instruments.

Here are some recent quotes from research analysts about Nova Measuring Instruments stock:

• 1. According to Zacks Investment Research, "NOVA MEASURING develops, produces and markets monitoring and measurement systems for the semiconductor manufacturing industry. The company has pioneered the Integrated Metrology concept and is now expanding its activities by developing Integrated Monitoring and Process Control systems for CMP, CVD, Photolithography and Etch manufacturing processes. The company's systems for CMP process control, delivering systems for CMP process control, delivering have measured more wafers than all other metrology companies combined. " (8/8/2017)
• 2. Stifel Nicolaus analysts commented, "We are downgrading shares of Nova Measuring Instruments to a Hold rating from a Buy rating. With the stock hitting our target price and given that we just recently raised our estimates and target price (see our note, Nova Measuring Instruments: Multiple Growth Drivers Set Up Another Above-Average Growth Year; Maintain Buy, Target Price to $18, Feb. 14 ), we believe that there are limited catalysts for any additional changes to our current forecasts or our view of the industry. We believe the fundamental story also remains intact and that has not changed over the past two weeks. Given that, we are maintaining our $18 target price along with this downgrade." (2/27/2017)
• 3. Needham & Company LLC analysts commented, "NVMI reported 4Q16 earnings inline with positive preannouncement and provided solid 1Q17 guidance on sustained momentum. With leading edge devices becoming more complex, we see a greater need for combining CD/thickness metrology and material composition measurements to achieve tighter process control, which plays well into NVMI's comprehensive product portfolio. We believe the strategy of combining OCD and XPS technology with advanced software creates a strong competitive advantage for NVMI, and should enable the company to continue to gain share. Coupled with a business model delivering increased margins, we see further earnings growth ahead. Reiterate our Buy and raise our PT from $18 to $22." (2/14/2017)

Some companies that are related to Nova Measuring Instruments include Veeco Instruments (VECO), CEVA (CEVA), Lattice Semiconductor Corporation (LSCC), MagnaChip Semiconductor Corporation (MX), AXT (AXTI), Kopin Corporation (KOPN), Sparton Corporation (SPA), Sequans Communications S.A. (SQNS), Pixelworks (PXLW), Pangaea Logistics Solutions (PANL), QuickLogic Corporation (QUIK), Nanoco Group PLC (NANO), eMagin (EMAN), Resonant (RESN), Intermolecular (IMI), Netlist (NLST), ParkerVision (PRKR) and Rubicon Technology (RBCN).

Nova Measuring Instruments' management team includes the folowing people:

• Michael Brunstein, Chairman of the Board
• Eitan Oppenhaim, President, Chief Executive Officer
• Dror David, Chief Financial Officer
• Glyn Davies, Corporate Executive Vice President and ReVera Inc. President
• Dov Farkash, Senior Corporate Vice President Modeling Software Division
• Shay Wolfling, Chief Technology Officer
• Gabi Sharon, Corporate Vice President - Operations
• Shiri Neder, Corporate Vice President of Human Resources
• Zohar Gil, Corporate Vice President - Marketing and Business Development
• Gabriel Waisman, Chief Business Officer

Nova Measuring Instruments' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (7.94%), PHOENIX HOLDINGS LTD. (4.92%), Migdal Insurance & Financial Holdings Ltd. (3.62%), Clal Insurance Enterprises Holdings Ltd (3.04%), Acadian Asset Management LLC (2.68%) and Menora Mivtachim Holdings LTD. (2.66%). View Institutional Ownership Trends for Nova Measuring Instruments.

Nova Measuring Instruments' stock was sold by a variety of institutional investors in the last quarter, including Migdal Insurance & Financial Holdings Ltd., Argent Capital Management LLC, Kennedy Capital Management Inc., Sensato Investors LLC, Clal Insurance Enterprises Holdings Ltd, Ativo Capital Management LLC, EAM Investors LLC and Royce & Associates LP. View Insider Buying and Selling for Nova Measuring Instruments.

Nova Measuring Instruments' stock was bought by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, OxFORD Asset Management LLP, PDT Partners LLC, Delphi Management Inc. MA, Menora Mivtachim Holdings LTD., Vanguard Group Inc., Citadel Advisors LLC and Renaissance Technologies LLC. View Insider Buying and Selling for Nova Measuring Instruments.

Shares of Nova Measuring Instruments can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Nova Measuring Instruments stock can currently be purchased for approximately $23.54.