Nova Measuring Instruments (NASDAQ:NVMI) will announce its earnings results before the market opens on Wednesday, August 7th. Analysts expect the company to announce earnings of $0.23 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.
NVMI opened at $27.04 on Tuesday. The stock has a market capitalization of $769.46 million, a price-to-earnings ratio of 13.80 and a beta of 1.04. Nova Measuring Instruments has a 12 month low of $20.83 and a 12 month high of $30.46. The stock has a 50-day moving average of $26.38.
NVMI has been the subject of several recent analyst reports. Needham & Company LLC initiated coverage on Nova Measuring Instruments in a research report on Tuesday, April 16th. They set a “buy” rating and a $33.00 target price for the company. Zacks Investment Research upgraded Nova Measuring Instruments from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 3rd. ValuEngine upgraded Nova Measuring Instruments from a “hold” rating to a “buy” rating in a research report on Tuesday, July 23rd. BidaskClub upgraded Nova Measuring Instruments from a “hold” rating to a “buy” rating in a research report on Friday. Finally, Lake Street Capital restated a “buy” rating and set a $30.00 target price (up previously from $28.00) on shares of Nova Measuring Instruments in a research report on Thursday, May 2nd. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $32.25.
Nova Measuring Instruments Ltd. designs, develops, produces, and sells process control systems used in the manufacture of semiconductors in Israel. Its product portfolio includes integrated and stand-alone metrology platforms for dimensional, films, and material metrology measurements for process control across various semiconductor manufacturing process steps, including lithography, etch, chemical mechanical planarization, and deposition.
Further Reading: What is the definition of arbitrage?
Receive News & Ratings for Nova Measuring Instruments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nova Measuring Instruments and related companies with MarketBeat.com's FREE daily email newsletter.