Nova Measuring Instruments (NVMI) Scheduled to Post Earnings on Wednesday

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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.

About Nova Measuring Instruments

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.

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Earnings History for Nova Measuring Instruments (NASDAQ:NVMI)

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