Nova Measuring Instruments (NVMI) to Release Quarterly Earnings on Thursday

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Nova Measuring Instruments (NASDAQ:NVMI) will be issuing its quarterly earnings data before the market opens on Thursday, November 1st. Analysts expect the company to announce earnings of $0.41 per share for the quarter.

Nova Measuring Instruments (NASDAQ:NVMI) last released its quarterly earnings results on Wednesday, August 1st. The semiconductor company reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.06. The firm had revenue of $61.89 million during the quarter, compared to analyst estimates of $60.25 million. Nova Measuring Instruments had a net margin of 19.35% and a return on equity of 21.94%. The business’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.53 EPS. On average, analysts expect Nova Measuring Instruments to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

NVMI opened at $21.90 on Wednesday. The firm has a market cap of $617.95 million, a PE ratio of 11.84 and a beta of 0.88. Nova Measuring Instruments has a one year low of $20.83 and a one year high of $32.00.

NVMI has been the subject of a number of recent analyst reports. BidaskClub lowered shares of Nova Measuring Instruments from a “sell” rating to a “strong sell” rating in a research report on Tuesday, September 11th. Zacks Investment Research upgraded shares of Nova Measuring Instruments from a “sell” rating to a “hold” rating in a research report on Wednesday, July 4th. ValuEngine lowered shares of Nova Measuring Instruments from a “hold” rating to a “sell” rating in a research report on Tuesday, October 2nd. Finally, Benchmark restated a “buy” rating and set a $35.00 price target on shares of Nova Measuring Instruments in a research report on Thursday, August 2nd. Two research analysts have rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. Nova Measuring Instruments has a consensus rating of “Hold” and a consensus price target of $33.25.

Nova Measuring Instruments Company Profile

Nova Measuring Instruments Ltd. designs, develops, produces, and sells process control systems used in the manufacture of semiconductors in Israel. The company offers in-line optical and x-ray stand-alone metrology systems, as well as integrated optical metrology systems that attach directly to wafer fabrication process equipment.

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Earnings History for Nova Measuring Instruments (NASDAQ:NVMI)

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