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Nova (NVMI) Competitors

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$266.85 -6.80 (-2.49%)
As of 02:37 PM Eastern
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NVMI vs. FTV, VLTO, TER, RVTY, AVTR, BIO.B, VNT, ST, CAMT, and MIR

Should you be buying Nova stock or one of its competitors? The main competitors of Nova include Fortive (FTV), Veralto (VLTO), Teradyne (TER), Revvity (RVTY), Avantor (AVTR), Bio-Rad Laboratories (BIO.B), Vontier (VNT), Sensata Technologies (ST), Camtek (CAMT), and Mirion Technologies (MIR). These companies are all part of the "measuring and control equipment" industry.

Nova vs.

Nova (NASDAQ:NVMI) and Fortive (NYSE:FTV) are both computer and technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their community ranking, analyst recommendations, profitability, risk, institutional ownership, dividends, media sentiment, valuation and earnings.

Nova has a beta of 1.44, suggesting that its share price is 44% more volatile than the S&P 500. Comparatively, Fortive has a beta of 1.15, suggesting that its share price is 15% more volatile than the S&P 500.

Fortive has higher revenue and earnings than Nova. Fortive is trading at a lower price-to-earnings ratio than Nova, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Nova$672.40M11.53$183.76M$5.7446.49
Fortive$6.23B4.45$832.90M$2.3633.86

Nova received 43 more outperform votes than Fortive when rated by MarketBeat users. Likewise, 74.30% of users gave Nova an outperform vote while only 59.48% of users gave Fortive an outperform vote.

CompanyUnderperformOutperform
NovaOutperform Votes
451
74.30%
Underperform Votes
156
25.70%
FortiveOutperform Votes
408
59.48%
Underperform Votes
278
40.52%

83.0% of Nova shares are held by institutional investors. Comparatively, 94.9% of Fortive shares are held by institutional investors. 1.0% of Nova shares are held by company insiders. Comparatively, 1.0% of Fortive shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Nova presently has a consensus target price of $246.67, indicating a potential downside of 7.56%. Fortive has a consensus target price of $87.64, indicating a potential upside of 9.69%. Given Fortive's higher possible upside, analysts clearly believe Fortive is more favorable than Nova.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nova
0 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.86
Fortive
0 Sell rating(s)
6 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.54

Nova has a net margin of 27.33% compared to Fortive's net margin of 13.36%. Nova's return on equity of 22.33% beat Fortive's return on equity.

Company Net Margins Return on Equity Return on Assets
Nova27.33% 22.33% 15.01%
Fortive 13.36%13.15%7.92%

In the previous week, Nova had 3 more articles in the media than Fortive. MarketBeat recorded 14 mentions for Nova and 11 mentions for Fortive. Fortive's average media sentiment score of 1.28 beat Nova's score of 0.72 indicating that Fortive is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Nova
5 Very Positive mention(s)
2 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Fortive
10 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Nova beats Fortive on 11 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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NVMI vs. The Competition

MetricNovaOptical instruments & lenses IndustryComputer SectorNASDAQ Exchange
Market Cap$7.73B$14.07B$26.39B$8.99B
Dividend YieldN/A1.24%2.75%3.85%
P/E Ratio46.3934.7646.3718.88
Price / Sales11.538.612,545.9376.91
Price / Cash38.7420.4835.5737.47
Price / Book8.356.756.894.66
Net Income$183.76M$324.03M$731.18M$245.69M
7 Day Performance-0.42%-3.75%-1.94%-2.22%
1 Month Performance3.23%-10.71%0.14%-1.95%
1 Year Performance68.59%4.97%20.57%14.12%

Nova Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NVMI
Nova
1.3162 of 5 stars
$266.85
-2.5%
$246.67
-7.6%
+69.3%$7.73B$672.40M46.393,606
FTV
Fortive
4.4922 of 5 stars
$80.59
-1.3%
$87.64
+8.7%
-2.1%$27.96B$6.07B32.1118,000Positive News
VLTO
Veralto
3.624 of 5 stars
$98.04
-1.7%
$112.55
+14.8%
+13.9%$24.25B$5.19B29.3516,000Positive News
TER
Teradyne
4.9551 of 5 stars
$113.25
+0.4%
$143.77
+26.9%
+18.3%$18.44B$2.82B34.016,500Analyst Revision
Positive News
RVTY
Revvity
4.0546 of 5 stars
$112.34
-0.5%
$136.25
+21.3%
+12.3%$13.67B$2.76B50.8311,500Positive News
AVTR
Avantor
4.916 of 5 stars
$17.87
-1.3%
$25.92
+45.1%
-27.2%$12.16B$6.97B38.8414,500Short Interest ↓
BIO.B
Bio-Rad Laboratories
N/A$312.05
flat
N/A-11.6%$8.74B$2.67B-11.428,200
VNT
Vontier
4.0321 of 5 stars
$39.32
+2.4%
$44.75
+13.8%
-6.0%$5.91B$3.10B15.068,000Analyst Forecast
ST
Sensata Technologies
4.6782 of 5 stars
$29.57
+2.5%
$39.08
+32.2%
-10.9%$4.42B$4.05B-54.7619,400
CAMT
Camtek
4.4415 of 5 stars
$86.82
-1.9%
$114.11
+31.4%
-2.7%$3.94B$315.38M40.01400
MIR
Mirion Technologies
2.0189 of 5 stars
$16.32
+0.4%
$19.25
+17.9%
+69.0%$3.79B$800.90M-48.013,000

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This page (NASDAQ:NVMI) was last updated on 2/21/2025 by MarketBeat.com Staff
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