Nova Measuring Instruments (NASDAQ:NVMI) will be posting its quarterly earnings results before the market opens on Tuesday, February 13th. Analysts expect Nova Measuring Instruments to post earnings of $0.37 per share for the quarter.

Nova Measuring Instruments (NASDAQ NVMI) opened at $25.54 on Friday. The stock has a market cap of $718.68, a PE ratio of 15.57 and a beta of 0.77. Nova Measuring Instruments has a twelve month low of $15.23 and a twelve month high of $31.88.

An institutional investor recently raised its position in Nova Measuring Instruments stock. State Street Corp raised its holdings in shares of Nova Measuring Instruments Ltd. (NASDAQ:NVMI) by 1.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,816 shares of the semiconductor company’s stock after acquiring an additional 216 shares during the quarter. State Street Corp’s holdings in Nova Measuring Instruments were worth $305,000 as of its most recent filing with the Securities and Exchange Commission. 37.74% of the stock is owned by institutional investors.

A number of equities analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of Nova Measuring Instruments from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. BidaskClub downgraded shares of Nova Measuring Instruments from a “strong-buy” rating to a “buy” rating in a report on Saturday, December 2nd. ValuEngine downgraded shares of Nova Measuring Instruments from a “buy” rating to a “hold” rating in a report on Monday, December 4th. Stifel Nicolaus raised their target price on shares of Nova Measuring Instruments from $29.00 to $32.00 and gave the company a “buy” rating in a report on Monday, October 16th. Finally, Needham & Company LLC restated a “buy” rating and set a $32.00 target price on shares of Nova Measuring Instruments in a report on Thursday, October 19th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $32.75.

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Nova Measuring Instruments Company Profile

Nova Measuring Instruments Ltd. provides metrology solutions for the semiconductor manufacturing industry. The Company offers in-line Optical and x-ray stand-alone metrology systems, as well as integrated optical metrology systems, which are attached directly to wafer fabrication process equipment. Its metrology systems measure various film thickness and composition properties, as well as critical-dimension (CD) variables during various front-end and back-end of line steps in the semiconductor wafer fabrication process.

Earnings History for Nova Measuring Instruments (NASDAQ:NVMI)

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