Nova (NVMI) to Release Earnings on Thursday

Nova (NASDAQ:NVMI) is anticipated to release its earnings data before the market opens on Thursday, February 13th. Analysts expect Nova to post earnings of $1.82 per share and revenue of $186.49 million for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Nova Trading Down 1.7 %

Shares of Nova stock opened at $249.09 on Wednesday. Nova has a 1-year low of $151.34 and a 1-year high of $266.13. The firm’s 50-day moving average price is $217.60 and its two-hundred day moving average price is $206.05. The stock has a market capitalization of $7.24 billion, a price-to-earnings ratio of 46.47, a P/E/G ratio of 2.07 and a beta of 1.44.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. Needham & Company LLC reiterated a “hold” rating on shares of Nova in a report on Friday, November 8th. Benchmark increased their target price on shares of Nova from $240.00 to $245.00 and gave the stock a “buy” rating in a report on Friday, November 8th. Cantor Fitzgerald started coverage on shares of Nova in a report on Monday, January 13th. They issued an “overweight” rating and a $275.00 target price on the stock. Finally, Citigroup upgraded shares of Nova from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $226.00 to $240.00 in a report on Monday, January 6th. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $238.33.

Nova Company Profile

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.