Nova (NVMI) to Release Earnings on Thursday

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

Nova Stock Up 0.8 %

NVMI opened at $253.30 on Tuesday. The company has a market cap of $7.36 billion, a PE ratio of 47.26, a P/E/G ratio of 2.07 and a beta of 1.44. The business has a 50 day moving average price of $216.35 and a two-hundred day moving average price of $205.66. Nova has a 52 week low of $151.34 and a 52 week high of $266.13.

Wall Street Analyst Weigh In

A number of equities analysts have commented on NVMI shares. Citigroup upgraded shares of Nova from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $226.00 to $240.00 in a research report on Monday, January 6th. Benchmark increased their price target on shares of Nova from $240.00 to $245.00 and gave the stock a “buy” rating in a report on Friday, November 8th. Needham & Company LLC reaffirmed a “hold” rating on shares of Nova in a report on Friday, November 8th. Finally, Cantor Fitzgerald started coverage on Nova in a research note on Monday, January 13th. They set an “overweight” rating and a $275.00 target price for the company. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, the stock has an average 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.