Nova (NVMI) Scheduled to Post Earnings on Thursday

Nova (NASDAQ:NVMI) will announce its earnings results before the market opens on Thursday, May 9th. Analysts expect the company to announce earnings of $1.10 per share for the quarter. Nova has set its Q1 guidance at $1.21-1.33 EPS.Parties interested in participating in the company’s conference call can do so using this link.

Nova (NASDAQ:NVMI) last posted its quarterly earnings data on Thursday, February 15th. The semiconductor company reported $1.21 earnings per share for the quarter, beating the consensus estimate of $1.07 by $0.14. The business had revenue of $134.22 million during the quarter, compared to the consensus estimate of $128.00 million. Nova had a return on equity of 20.55% and a net margin of 26.32%. On average, analysts expect Nova to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Nova Trading Up 2.1 %

Shares of NVMI opened at $182.10 on Tuesday. The company’s 50 day simple moving average is $174.79 and its 200-day simple moving average is $146.47. Nova has a 12-month low of $89.59 and a 12-month high of $190.51. The firm has a market cap of $5.22 billion, a PE ratio of 42.55, a price-to-earnings-growth ratio of 6.76 and a beta of 1.40.

Analyst Upgrades and Downgrades

A number of research firms have commented on NVMI. Evercore ISI initiated coverage on shares of Nova in a research note on Tuesday, April 16th. They issued an “outperform” rating and a $210.00 price objective on the stock. Benchmark upped their price objective on Nova from $150.00 to $187.00 and gave the company a “buy” rating in a research note on Friday, February 16th.

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.