NASDAQ:NVMI - Nova Measuring Instruments Stock Price, Forecast & News

Nova Measuring Instruments' stock was trading at $33.14 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, NVMI shares have decreased by 3.4% and is now trading at $32.00. View which stocks have been mosted impacted by Coronavirus.

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.

Nova Measuring Instruments is scheduled to release its next quarterly earnings announcement on Wednesday, May 6th 2020. View our earnings forecast for Nova Measuring Instruments.

Nova Measuring Instruments Ltd. (NASDAQ:NVMI) posted its quarterly earnings data on Thursday, February, 13th. The semiconductor company reported $0.51 earnings per share for the quarter, beating analysts' consensus estimates of $0.46 by $0.05. The semiconductor company earned $64.63 million during the quarter, compared to analysts' expectations of $59.83 million. Nova Measuring Instruments had a net margin of 15.64% and a return on equity of 13.73%. The company's quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.59 EPS. View Nova Measuring Instruments' earnings history.

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 EPS estimate of $0.41. The company issued revenue guidance of $50-60 million, compared to the consensus revenue estimate of $59.70 million.

3 analysts have issued twelve-month target prices for Nova Measuring Instruments' stock. Their forecasts range from $44.00 to $46.00. On average, they anticipate Nova Measuring Instruments' share price to reach $45.00 in the next year. This suggests a possible upside of 40.6% from the stock's current price. View analysts' price targets for Nova Measuring Instruments.

News coverage about NVMI stock has been trending very negative this week, according to InfoTrie Sentiment. The research firm identifies positive and negative media 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 closest to five being the most favorable. Nova Measuring Instruments earned a news impact score of -3.3 on InfoTrie's scale. They also assigned headlines about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutNova Measuring Instruments.

Nova Measuring Instruments saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 117,500 shares, an increase of 25.7% from the February 13th total of 93,500 shares. Based on an average trading volume of 114,100 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.5% of the company's stock are sold short. 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 NVIDIA (NVDA), Micron Technology (MU), Applied Materials (AMAT), Broadcom (AVGO), Alibaba Group (BABA), Intel (INTC), Starbucks (SBUX), Activision Blizzard (ATVI), Lam Research (LRCX) and Skyworks Solutions (SWKS).

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

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 $32.00.

Nova Measuring Instruments has a market capitalization of $897.60 million and generates $224.91 million in revenue each year. The semiconductor company earns $35.17 million in net income (profit) each year or $1.43 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 5 DAVID FIKES STREET P.O. BOX 266, REHOVOT L3, 7610201. The semiconductor company can be reached via phone at 972-73-229-5600 or via email at [email protected]