NASDAQ:NVMI

Nova (NVMI) Stock Price, News & Analysis

$191.44
-1.70 (-0.88%)
(As of 02:27 PM ET)
Today's Range
$189.50
$196.84
50-Day Range
$159.92
$193.14
52-Week Range
$89.59
$198.71
Volume
67,803 shs
Average Volume
167,856 shs
Market Capitalization
$5.49 billion
P/E Ratio
44.73
Dividend Yield
N/A
Price Target
$198.50

Nova MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
7.8% Upside
$205.67 Price Target
Short Interest
Healthy
3.94% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.68mentions of Nova in the last 14 days
Based on 19 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
19.92%
From $4.87 to $5.84 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.36 out of 5 stars

Computer And Technology Sector

528th out of 593 stocks

Optical Instruments & Lenses Industry

5th out of 5 stocks

NVMI stock logo

About Nova Stock (NASDAQ:NVMI)

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. Nova Ltd. was incorporated in 1993 and is headquartered in Rehovot, Israel.

NVMI Stock Price History

NVMI Stock News Headlines

Nova (NASDAQ:NVMI) Sets New 12-Month High on Strong Earnings
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Nova Ltd. Reports First Quarter 2024 Financial Results
Red Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!
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Nova (NVMI) Scheduled to Post Earnings on Thursday
Oversold Conditions For Nova
Nova appoints new CFO as company forges ahead
Nova Ltd. Announces CFO Transition
Nova Announces CFO Transition
NVMI Apr 2024 170.000 call
NVMI Apr 2024 170.000 put
NVMI Apr 2024 190.000 call
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Today
5/10/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Optical instruments & lenses
Sub-Industry
N/A
Current Symbol
NASDAQ:NVMI
Employees
3,606
Year Founded
1993

Price Target and Rating

Average Stock Price Target
$205.67
High Stock Price Target
$220.00
Low Stock Price Target
$187.00
Potential Upside/Downside
+4.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
4 Analysts

Profitability

Net Income
$136.31 million
Pretax Margin
29.87%

Debt

Sales & Book Value

Annual Sales
$517.92 million
Cash Flow
$5.72 per share
Book Value
$25.88 per share

Miscellaneous

Free Float
28,391,000
Market Cap
$5.47 billion
Optionable
Optionable
Beta
1.40

Social Links

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Key Executives

  • Mr. Eitan Oppenhaim (Age 58)
    Executive Chairman of the Board
    Comp: $1.08M
  • Mr. Gabriel Waisman (Age 53)
    President & CEO
    Comp: $437.33k
  • Mr. Dror David (Age 55)
    Chief Financial Officer
    Comp: $463.24k
  • Mr. Gabi Sharon (Age 62)
    Chief Operating Officer
    Comp: $397.32k
  • Dr. Shay Wolfling (Age 52)
    Chief Technology Officer
    Comp: $441.85k
  • Mr. Zohar Gil (Age 57)
    Chief Marketing Officer
  • Mr. C. Thomas Larson
    Vice President of Corporate Development
  • Ms. Sharon Dayan (Age 51)
    Chief Human Resources Officer
  • Mr. Adrian S. Wilson (Age 52)
    President of Nova Measuring Instruments, Inc & GM of Material Metrology Division

NVMI Stock Analysis - Frequently Asked Questions

Should I buy or sell Nova stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Nova in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" NVMI shares.
View NVMI analyst ratings
or view top-rated stocks.

What is Nova's stock price target for 2024?

4 analysts have issued 1-year target prices for Nova's shares. Their NVMI share price targets range from $187.00 to $220.00. On average, they anticipate the company's share price to reach $205.67 in the next year. This suggests a possible upside of 7.8% from the stock's current price.
View analysts price targets for NVMI
or view top-rated stocks among Wall Street analysts.

How have NVMI shares performed in 2024?

Nova's stock was trading at $137.39 at the start of the year. Since then, NVMI shares have increased by 38.9% and is now trading at $190.85.
View the best growth stocks for 2024 here
.

When is Nova's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our NVMI earnings forecast
.

How were Nova's earnings last quarter?

Nova Ltd. (NASDAQ:NVMI) issued its quarterly earnings data on Thursday, May, 9th. The semiconductor company reported $1.39 earnings per share for the quarter, topping analysts' consensus estimates of $1.10 by $0.29. The semiconductor company earned $141.80 million during the quarter, compared to analyst estimates of $136.78 million. Nova had a trailing twelve-month return on equity of 20.55% and a net margin of 26.32%. The business's quarterly revenue was up 7.3% on a year-over-year basis. During the same period in the prior year, the business earned $1.12 EPS.

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

Nova issued an update on its second quarter 2024 earnings guidance on Thursday, May, 9th. The company provided earnings per share guidance of 1.270-1.420 for the period, compared to the consensus earnings per share estimate of 1.290. The company issued revenue guidance of $144.0 million-$152.0 million, compared to the consensus revenue estimate of $140.8 million.

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

18 employees have rated Nova Chief Executive Officer Eitan Oppenhaim on Glassdoor.com. Eitan Oppenhaim has an approval rating of 94% among the company'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).

Who are Nova's major shareholders?

Nova's stock is owned by many different retail and institutional investors. Top institutional investors include Wasatch Advisors LP (9.15%), Meitav Investment House Ltd. (1.52%), Principal Financial Group Inc. (0.46%), Sei Investments Co. (0.45%), Assenagon Asset Management S.A. (0.24%) and TimesSquare Capital Management LLC (0.23%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Nova have any subsidiaries?
The following companies are subsidiares of Nova: Ancosys Inc., Nova Measuring Instruments (Shanghai) Co. Ltd, Nova Measuring Instruments GmbH, Nova Measuring Instruments Inc., Nova Measuring Instruments K.K., Nova Measuring Instruments Korea Ltd., Nova Measuring Instruments Taiwan Ltd., ancosys GmbH, ancosys Instruments Taiwan Ltd, and ancosys Korea LLC.
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This page (NASDAQ:NVMI) was last updated on 5/10/2024 by MarketBeat.com Staff

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