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Nova (NVMI)
NASDAQ:NVMI
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NVMI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$98.86 - $247.21
Previous Close$181.29
Volume272.79K
Average Volume (3M)202.26K
Market Cap
$5.33B
Enterprise Value$5.05B
Total Cash (Recent Filing)$323.83M
Total Debt (Recent Filing)$53.01M
Price to Earnings (P/E)37.9
Beta1.58
Next Earnings
Nov 07, 2024EPS Estimate
$1.68Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)4.79
Shares Outstanding29,013,837
10 Day Avg. Volume175,522
30 Day Avg. Volume202,258
Standard Deviation0.12
R-Squared0.42
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)7.39
Price to Sales (P/S)10.16
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue17.70
Enterprise Value/Gross Profit17.24
Enterprise Value/Ebitda60.93
Forecast
1Y Price Target
$238.00Price Target Upside24.41% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Nova News
PremiumCompany Announcements
Nova Measuring Instruments Reports Record Q3 2024 Results
PremiumCompany Announcements
Nova Ltd. Achieves Record Q3 2024 Financial Results
PremiumCompany Announcements
Nova Ltd’s Metrology Solutions Gain Industry Traction
PremiumCompany Announcements
Nova Announces Q3 2024 Financial Results DateBulls Say, Bears Say
Bulls Say
Financial PerformanceNova posted record 2Q24 results and guided higher for the September quarter.
Growth PotentialStrong and record cash reserves set stage for potentially accretive inorganic growth over time.
Market DemandAI adoption continues to drive demand for new gate-all-around logic and high-bandwidth memory chips which are also driving the adoption of new advanced packaging apps.
Bears Say
Capital ExpenditureIntel's reduction in future capital expenditure outlook could negatively affect demand for advanced packaging and leading-edge tools.
EarningsThe stock's valuation at approximately 30 times the estimated earnings per share is an indicator that it remains expensive.
ValuationThe stock is trading at the upper range of historical and peer valuation bands, suggesting it may be overvalued despite strong cash reserves.
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Ownership Overview
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Insiders
21.73% Mutual Funds
15.77% Other Institutional Investors
55.20% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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NVMI FAQ
What was Nova’s price range in the past 12 months?
Nova lowest stock price was $98.86 and its highest was $247.21 in the past 12 months.
What is Nova’s market cap?
Currently, no data Available
When is Nova’s upcoming earnings report date?
Nova’s upcoming earnings report date is Nov 07, 2024 which is 3 days ago.
How were Nova’s earnings last quarter?
Nova released its earnings results on Aug 08, 2024. The company reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.356 by $0.254.
Is Nova overvalued?
According to Wall Street analysts Nova’s price is currently Undervalued.
Does Nova pay dividends?
Nova does not currently pay dividends.
What is Nova’s EPS estimate?
Nova’s EPS estimate is $1.68.
How many shares outstanding does Nova have?
Nova has 29,175,623 shares outstanding.
What happened to Nova’s price movement after its last earnings report?
Nova reported an EPS of $1.61 in its last earnings report, beating expectations of $1.356. Following the earnings report the stock price went up 19.485%.
Which hedge fund is a major shareholder of Nova?
Among the largest hedge funds holding Nova’s share is Royce & Associates LLC. It holds Nova’s shares valued at 26M.
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Nova Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$238.00 (24.41% Upside)
$238.00 (24.41% Upside)
Blogger Sentiment
Bullish
NVMI Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 19.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.6%
Last 30 Days ▼ 2.0%
Last 30 Days ▼ 2.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
80.54%
12-Months-Change
Fundamentals
Return on Equity
20.43%
Trailing 12-Months
Asset Growth
20.01%
Trailing 12-Months
Company Description
Nova
Nova Ltd. operates in the semiconductor industry, offering metrology solutions for advanced process control. Nova’s solutions include dimensional metrology, materials metrology, chemical metrology, and software modeling. Nova was founded in 1993 and was formerly known as Nova Measuring Instruments Ltd. Nova Ltd. is headquartered in Rehovot, Israel and has operations in the U.S., Germany, Pacific, China, North Asia, Europe, and Japan.
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NVMI Company Deck
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NVMI Earnings Call
Q2 2024
0:00 / 0:00
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NVMI Stock 12 Month Forecast
Average Price Target
$238.00
▲(24.41% Upside)
Technical Analysis
Best Analysts Covering NVMI
1 Year
1 Year Success Rate
32/44 ratings generated profit
1 Year Average Return
+33.15%
reiterated a buy rating 3 months ago
Copying Mark Miller's trades and holding each position for 1 Year would result in 72.73% of your transactions generating a profit, with an average return of +33.15% per trade.
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