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S&P 500   4,145.19
DOW   32,803.47
QQQ   324.52
What to Expect from the Markets in a Recession
Here's Bill Bonner's "4th and Final Prediction" (Ad)
China July exports rise, with trade surplus at record-high
Electric Vehicles Can Drive Alcoa Stock Higher
What's in Democrats' big bill? Climate, health care, savings
Will This Be the Worst U.S. Crisis Ever? (Ad)
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Bangladesh seeks China help to repatriate Rohingya refugees
A Full Year Of Recommended Stock Picks Now 60% Off (Ad)
S&P 500   4,145.19
DOW   32,803.47
QQQ   324.52
What to Expect from the Markets in a Recession
Here's Bill Bonner's "4th and Final Prediction" (Ad)
China July exports rise, with trade surplus at record-high
Electric Vehicles Can Drive Alcoa Stock Higher
What's in Democrats' big bill? Climate, health care, savings
Will This Be the Worst U.S. Crisis Ever? (Ad)
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Bangladesh seeks China help to repatriate Rohingya refugees
A Full Year Of Recommended Stock Picks Now 60% Off (Ad)
S&P 500   4,145.19
DOW   32,803.47
QQQ   324.52
What to Expect from the Markets in a Recession
Here's Bill Bonner's "4th and Final Prediction" (Ad)
China July exports rise, with trade surplus at record-high
Electric Vehicles Can Drive Alcoa Stock Higher
What's in Democrats' big bill? Climate, health care, savings
Will This Be the Worst U.S. Crisis Ever? (Ad)
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Bangladesh seeks China help to repatriate Rohingya refugees
A Full Year Of Recommended Stock Picks Now 60% Off (Ad)
NASDAQ:NVMI

Nova - NVMI Stock Forecast, Price & News

$107.62
-1.03 (-0.95%)
(As of 08/5/2022 03:59 PM ET)
Add
Compare
Today's Range
$105.66
$108.27
50-Day Range
$83.49
$109.89
52-Week Range
$81.63
$149.15
Volume
2,445 shs
Average Volume
152,863 shs
Market Capitalization
$3.09 billion
P/E Ratio
27.52
Dividend Yield
N/A
Price Target
$131.60

Nova MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
22.3% Upside
$131.60 Price Target
Short Interest
Healthy
4.41% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.13mentions of Nova in the last 14 days
Based on 14 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.21%
From $4.28 to $4.46 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.13 out of 5 stars

Computer And Technology Sector

387th out of 835 stocks

Optical Instruments & Lenses Industry

3rd out of 5 stocks

NVMI stock logo

About Nova (NASDAQ:NVMI) Stock

Nova Ltd. designs, develops, produces, and sells process control systems used in the manufacture of semiconductors in Israel, Taiwan, the United States, China, Korea, and internationally. Its product portfolio includes a set of metrology platforms for dimensional, films, and materials and chemical metrology measurements for process control for various semiconductor manufacturing process steps, including lithography, etch, chemical mechanical planarization, deposition, electrochemical plating, and advanced packaging. The company serves various sectors of the integrated circuit manufacturing industry, including logic, foundries, and memory manufacturers, as well as process equipment manufacturers. Nova Ltd. was formerly known as Nova Measuring Instruments Ltd. and changed its name to Nova Ltd. in July 2021. The company was incorporated in 1993 and is headquartered in Rehovot, Israel.

Analyst Upgrades and Downgrades

Separately, Bank of America decreased their price objective on shares of Nova from $140.00 to $115.00 and set a "buy" rating for the company in a research note on Wednesday, June 29th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat, Nova presently has a consensus rating of "Moderate Buy" and a consensus price target of $131.60.

Nova Trading Down 0.9 %

Shares of NVMI Stock traded down $1.03 during trading hours on Friday, hitting $107.62. 67,325 shares of the company were exchanged, compared to its average volume of 96,890. The firm has a fifty day simple moving average of $97.60 and a 200 day simple moving average of $103.50. Nova has a 52-week low of $81.63 and a 52-week high of $149.15. The stock has a market capitalization of $3.09 billion, a price-to-earnings ratio of 27.52, a P/E/G ratio of 3.12 and a beta of 1.27.

Nova (NASDAQ:NVMI - Get Rating) last issued its quarterly earnings results on Thursday, May 12th. The semiconductor company reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.25. Nova had a net margin of 23.85% and a return on equity of 28.96%. The company had revenue of $134.00 million during the quarter, compared to analyst estimates of $126.76 million. During the same quarter last year, the business posted $0.62 EPS. Nova's quarterly revenue was up 59.3% compared to the same quarter last year. Sell-side analysts anticipate that Nova will post 4.28 EPS for the current year.

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NVMI Stock News Headlines

Nova Reports Results for Second Quarter of 2022
Short Interest in Nova Ltd. (NASDAQ:NVMI) Declines By 20.1%
Nova (NVMI) Scheduled to Post Earnings on Thursday
Is Nova (NASDAQ:NVMI) Using Too Much Debt?
See More Headlines
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NVMI Company Calendar

Last Earnings
5/12/2022
Today
8/08/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Optical instruments & lenses
Sub-Industry
N/A
Current Symbol
NASDAQ:NVMI
Employees
819
Year Founded
1993

Price Target and Rating

Average Stock Price Forecast
$131.60
High Stock Price Forecast
$146.00
Low Stock Price Forecast
$115.00
Forecasted Upside/Downside
+22.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$93.10 million
Pretax Margin
27.83%

Debt

Sales & Book Value

Annual Sales
$416.11 million
Cash Flow
$4.10 per share
Book Value
$16.58 per share

Miscellaneous

Free Float
28,390,000
Market Cap
$3.09 billion
Optionable
Optionable
Beta
1.27

Social Links


Key Executives

  • Mr. Eitan Oppenhaim (Age 56)
    Pres, CEO & Director
    Comp: $1.08M
  • Mr. Dror David (Age 53)
    Chief Financial Officer
    Comp: $463.24k
  • Mr. Gabi Sharon (Age 60)
    Chief Operating Officer
    Comp: $397.32k
  • Dr. Shay Wolfling (Age 50)
    Chief Technology Officer
    Comp: $441.85k
  • Mr. Gabriel Waisman (Age 51)
    Chief Bus. Officer
    Comp: $437.33k
  • Mr. Zohar Gil (Age 55)
    Chief Marketing Officer
  • Mr. C. Thomas Larson
    VP of Corp. Devel.
  • Ms. Sharon Dayan (Age 49)
    Chief HR Officer
  • Mr. Adrian S. Wilson (Age 50)
    Pres of Nova Measuring Instruments, Inc & GM of Material Metrology Division













NVMI Stock - Frequently Asked Questions

Should I buy or sell Nova stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nova in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Nova stock.
View analyst ratings for Nova
or view top-rated stocks.

What is Nova's stock price forecast for 2022?

5 brokerages have issued 1 year price objectives for Nova's stock. Their NVMI stock forecasts range from $115.00 to $146.00. On average, they predict Nova's share price to reach $131.60 in the next year. This suggests a possible upside of 22.3% from the stock's current price.
View analysts' price targets for Nova
or view top-rated stocks among Wall Street analysts.

How has Nova's stock price performed in 2022?

Nova's stock was trading at $146.50 on January 1st, 2022. Since then, NVMI shares have decreased by 26.5% and is now trading at $107.62.
View the best growth stocks for 2022 here
.

Are investors shorting Nova?

Nova saw a drop in short interest during the month of July. As of July 15th, there was short interest totaling 1,070,000 shares, a drop of 20.1% from the June 30th total of 1,340,000 shares. Based on an average daily volume of 142,700 shares, the days-to-cover ratio is currently 7.5 days. Currently, 4.4% of the company's shares are sold short.
View Nova's Short Interest
.

When is Nova's next earnings date?

Nova is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our earnings forecast for Nova
.

How were Nova's earnings last quarter?

Nova Ltd. (NASDAQ:NVMI) released its quarterly earnings data on Thursday, May, 12th. The semiconductor company reported $1.20 EPS for the quarter, beating analysts' consensus estimates of $0.95 by $0.25. The semiconductor company had revenue of $134 million for the quarter, compared to the consensus estimate of $126.76 million. Nova had a net margin of 23.85% and a trailing twelve-month return on equity of 28.96%. Nova's revenue was up 59.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.62 earnings per share.

What guidance has Nova issued on next quarter's earnings?

Nova issued an update on its third quarter 2022 earnings guidance on Thursday, August, 4th. The company provided EPS guidance of $1.06-$1.25 for the period, compared to the consensus EPS estimate of $1.15. The company issued revenue guidance of $137.00 million-$147.00 million, compared to the consensus revenue estimate of $138.12 million.

What is Eitan Oppenhaim's approval rating as Nova's CEO?

18 employees have rated Nova CEO Eitan Oppenhaim on Glassdoor.com. Eitan Oppenhaim has an approval rating of 94% among Nova's employees. This puts Eitan Oppenhaim in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Nova own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Nova investors own include NVIDIA (NVDA), Micron Technology (MU), Intel (INTC), Alibaba Group (BABA), Applied Materials (AMAT), Starbucks (SBUX), Activision Blizzard (ATVI), Broadcom (AVGO), Skyworks Solutions (SWKS) and Walt Disney (DIS).

What is Nova's stock symbol?

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

Who are Nova's major shareholders?

Nova's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Harel Insurance Investments & Financial Services Ltd. (4.36%), Meitav Dash Investments Ltd. (2.43%), abrdn plc (1.56%), Montanaro Asset Management Ltd (0.96%), Royce & Associates LP (0.79%) and ARK Investment Management LLC (0.08%).

How do I buy shares of Nova?

Shares of NVMI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Nova's stock price today?

One share of NVMI stock can currently be purchased for approximately $107.62.

How much money does Nova make?

Nova (NASDAQ:NVMI) has a market capitalization of $3.09 billion and generates $416.11 million in revenue each year. The semiconductor company earns $93.10 million in net income (profit) each year or $3.91 on an earnings per share basis.

How many employees does Nova have?

Nova employs 819 workers across the globe.

When was Nova founded?

Nova was founded in 1993.

How can I contact Nova?

Nova's mailing address is 5 DAVID FIKES STREET P.O. BOX 266, REHOVOT L3, 7610201. The official website for Nova is www.novami.com. The semiconductor company can be reached via phone at 972732295600, via email at john@theinvestor.co.il, or via fax at 972-8940-7776.

This page (NASDAQ:NVMI) was last updated on 8/8/2022 by MarketBeat.com Staff

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