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 equities research analysts have issued 12-month price targets for Nova's shares. Their NVMI share price targets range from $115.00 to $210.00. On average, they anticipate the company's share price to reach $170.67 in the next twelve months. This suggests a possible upside of 5.5% 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 beginning of 2024. Since then, NVMI shares have increased by 17.7% and is now trading at $161.77. 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, May 9th 2024. View our NVMI earnings forecast .

How can I listen to Nova's earnings call?

Nova will be holding an earnings conference call on Thursday, May 9th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "6529075".

How were Nova's earnings last quarter?

Nova Ltd. (NASDAQ:NVMI) posted its quarterly earnings data on Thursday, February, 15th. The semiconductor company reported $1.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.07 by $0.14. The semiconductor company earned $134.22 million during the quarter, compared to analysts' expectations of $128 million. Nova had a trailing twelve-month return on equity of 20.55% and a net margin of 26.32%.

What ETFs hold Nova's stock?

ETFs with the largest weight of Nova (NASDAQ:NVMI) stock in their portfolio include Amplify BlueStar Israel Technology ETF (ITEQ) , Invesco Semiconductors ETF (PSI) , ARK Israel Innovative Technology ETF (IZRL) , VanEck Israel ETF (ISRA) and VanEck Robotics ETF (IBOT) . Pacer BlueStar Engineering the Future ETF (BULD) .

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

Nova issued an update on its first quarter 2024 earnings guidance on Tuesday, April, 9th. The company provided earnings per share (EPS) guidance of 1.210-1.330 for the period, compared to the consensus EPS estimate of 1.270. The company issued revenue guidance of $134.0 million-$140.0 million, compared to the consensus revenue estimate of $137.0 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 institutional and retail investors. Top institutional shareholders include Wasatch Advisors LP (9.15%), Congress Wealth Management LLC DE (0.11%) and McLean Asset Management Corp (0.01%).

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. Read More

NASDAQ:NVMI

Nova (NVMI) Stock Price, News & Analysis

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Free NVMI Stock Alerts

$159.92

-10.08 (-5.93%)

(As of 04:00 PM ET)

Compare

Today's Range: $158.48
▼
$169.89
50-Day Range: $153.23
▼
$187.67
52-Week Range: $87.85
▼
$190.51

Volume: 211,912 shs
Average Volume: 155,764 shs
Market Capitalization: $4.59 billion

P/E Ratio: 37.36
Dividend Yield: N/A
Price Target: $170.67

Get Nova alerts:

Nova MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 5.5% Upside
$170.67 Price Target
Short Interest: Bearish
4.15% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.44
Based on 9 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.

1.45 out of 5 stars

Computer And Technology Sector

480th out of 582 stocks

Optical Instruments & Lenses Industry

5th out of 5 stocks

1.4

Analyst's Opinion

Consensus Rating
Nova has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Nova has only been the subject of 2 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
4.15% of the outstanding shares of Nova have been sold short.
Short Interest Ratio / Days to Cover
Nova has a short interest ratio ("days to cover") of 7.6.
Change versus previous month

0.0

Dividend Strength

Dividend Yield
Nova does not currently pay a dividend.
Dividend Growth
Nova does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NVMI.

2.5

News and Social Media Coverage

News Sentiment
Nova has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Nova this week, compared to 3 articles on an average week.
Search Interest
8 people have searched for NVMI on MarketBeat in the last 30 days. This is an increase of 167% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added Nova to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Nova insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.00% of the stock of Nova is held by insiders.
Percentage Held by Institutions
82.99% of the stock of Nova is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Nova are expected to grow by 19.92% in the coming year, from $4.87 to $5.84 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Nova is 37.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.62.
Price to Earnings Ratio vs. Sector
The P/E ratio of Nova is 37.80, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 233.18.
Price to Earnings Growth Ratio
Nova has a PEG Ratio of 6.45. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Nova has a P/B Ratio of 6.25. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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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

30 days | 90 days | 365 days | Advanced Chart

NVMI Stock News Headlines

April 18, 2024 | investing.com

Nova Measuring Instruments stock gains Outperform rating

April 18, 2024 | prnewswire.com

Nova's Portfolio Selected by Gate-All-Around Manufacturers

April 19, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

April 17, 2024 | investorplace.com

NVFY Stock Earnings: Nova Lifestyle Reported Results for Q4 2023

April 17, 2024 | americanbankingnews.com

Nova (NASDAQ:NVMI) Receives New Coverage from Analysts at Evercore ISI

April 11, 2024 | prnewswire.com

Nova to Report First Quarter 2024 Financial Results on May 9

April 10, 2024 | investing.com

Nova appoints new CFO as company forges ahead

April 9, 2024 | finanznachrichten.de

Nova Ltd. Announces CFO Transition

April 19, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

April 8, 2024 | finance.yahoo.com

Nova Announces CFO Transition

April 8, 2024 | msn.com

Israel stocks higher at close of trade; TA 35 up 1.65%

April 5, 2024 | msn.com

Israel stocks lower at close of trade; TA 35 down 1.72%

March 28, 2024 | finance.yahoo.com

With 82% ownership, Nova Ltd. (NASDAQ:NVMI) boasts of strong institutional backing

March 22, 2024 | investorplace.com

ALOT Stock Earnings: AstroNova Reported Results for Q4 2024

March 20, 2024 | msn.com

Israel stocks higher at close of trade; TA 35 up 1.23%

March 16, 2024 | finance.yahoo.com

NVMI Apr 2024 170.000 call

March 16, 2024 | finance.yahoo.com

NVMI Apr 2024 170.000 put

March 16, 2024 | finance.yahoo.com

NVMI Apr 2024 190.000 call

March 12, 2024 | msn.com

Israel stocks lower at close of trade; TA 35 down 0.54%

March 12, 2024 | seekingalpha.com

Nova: Could Be Getting Too Hot To Handle

March 4, 2024 | finance.yahoo.com

Returns On Capital At Nova (NASDAQ:NVMI) Paint A Concerning Picture

March 3, 2024 | msn.com

Israel stocks higher at close of trade; TA 35 up 0.81%

February 27, 2024 | finance.yahoo.com

Samsung and Nova Publish Joint Research at SPIE Advanced Lithography Conference

February 27, 2024 | prnewswire.com

Samsung and Nova Publish Joint Research at SPIE Advanced Lithography Conference

February 24, 2024 | msn.com

Nova (NVMI) Price Target Increased by 26.14% to 180.13

February 20, 2024 | finance.yahoo.com

Nova Announces Availability of Annual Report on Form 20-F Through Company Website

February 20, 2024 | prnewswire.com

Nova Announces Availability of Annual Report on Form 20-F Through Company Website

See More Headlines

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Company Calendar

Last Earnings: 2/15/2024
Today: 4/19/2024
Next Earnings (Confirmed): 5/09/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Optical instruments & lenses
Sub-Industry: N/A
Current Symbol: NASDAQ:NVMI
CUSIP: N/A
CIK: 1109345
Web: www.novami.com
Phone: 972732295600
Fax: 972-8940-7776
Employees: 3,606
Year Founded: 1993

Price Target and Rating

Average Stock Price Target: $170.67
High Stock Price Target: $210.00
Low Stock Price Target: $115.00
Potential Upside/Downside: +0.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.28
Trailing P/E Ratio: 39.72
Forward P/E Ratio: 34.91
P/E Growth: 6.45
Net Income: $136.31 million
Net Margins: 26.32%
Pretax Margin: 29.87%
Return on Equity: 20.55%
Return on Assets: 13.16%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.20
Quick Ratio: 1.77

Sales & Book Value

Annual Sales: $517.92 million
Price / Sales: 9.41
Cash Flow: $5.34 per share
Price / Cash Flow: 31.83
Book Value: $25.88 per share
Price / Book: 6.57

Miscellaneous

Outstanding Shares: 28,680,000
Free Float: 28,391,000
Market Cap: $4.88 billion
Optionable: Optionable
Beta: 1.41

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

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

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 equities research analysts have issued 12-month price targets for Nova's shares. Their NVMI share price targets range from $115.00 to $210.00. On average, they anticipate the company's share price to reach $170.67 in the next twelve months. This suggests a possible upside of 5.5% 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 beginning of 2024. Since then, NVMI shares have increased by 17.7% and is now trading at $161.77.
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, May 9th 2024.
View our NVMI earnings forecast.
How can I listen to Nova's earnings call?: Nova will be holding an earnings conference call on Thursday, May 9th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "6529075".
How were Nova's earnings last quarter?: Nova Ltd. (NASDAQ:NVMI) posted its quarterly earnings data on Thursday, February, 15th. The semiconductor company reported $1.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.07 by $0.14. The semiconductor company earned $134.22 million during the quarter, compared to analysts' expectations of $128 million. Nova had a trailing twelve-month return on equity of 20.55% and a net margin of 26.32%.
What ETFs hold Nova's stock?: ETFs with the largest weight of Nova (NASDAQ:NVMI) stock in their portfolio include Amplify BlueStar Israel Technology ETF (ITEQ), Invesco Semiconductors ETF (PSI), ARK Israel Innovative Technology ETF (IZRL), VanEck Israel ETF (ISRA) and VanEck Robotics ETF (IBOT).Pacer BlueStar Engineering the Future ETF (BULD).

What guidance has Nova issued on next quarter's earnings?: Nova issued an update on its first quarter 2024 earnings guidance on Tuesday, April, 9th. The company provided earnings per share (EPS) guidance of 1.210-1.330 for the period, compared to the consensus EPS estimate of 1.270. The company issued revenue guidance of $134.0 million-$140.0 million, compared to the consensus revenue estimate of $137.0 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 institutional and retail investors. Top institutional shareholders include Wasatch Advisors LP (9.15%), Congress Wealth Management LLC DE (0.11%) and McLean Asset Management Corp (0.01%).
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.
Read More

This page (NASDAQ:NVMI) was last updated on 4/19/2024 by MarketBeat.com Staff

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Nova (NVMI) Stock Price, News & Analysis

Nova MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Nova Stock (NASDAQ:NVMI)

NVMI Stock Price History

NVMI Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Institutional Ownership

NVMI Stock Analysis - Frequently Asked Questions

Overall MarketRank^™