Nova Measuring Instruments LTD (NASDAQ:NVMI) Institutional Investor Sentiment

May 25, 2018 - By Peter Erickson

Sentiment for Nova Measuring Instruments LTD (NASDAQ:NVMI)

Nova Measuring Instruments LTD (NASDAQ:NVMI) institutional sentiment is 1 in Q4 2017. Its the same as in 2017Q3. The ratio is the same, as only 38 active investment managers opened new or increased holdings, while 38 sold and reduced positions in Nova Measuring Instruments LTD. The active investment managers in our partner’s database reported: 9.24 million shares, up from 9.04 million shares in 2017Q3. Also, the number of active investment managers holding Nova Measuring Instruments LTD in their top 10 holdings decreased from 1 to 0 for a decrease of 1. Sold All: 14 Reduced: 24 Increased: 18 New Position: 20.

Nova Measuring Instruments Ltd. designs, develops, produces, and sells process control systems used in the manufacture of semiconductors in Israel. The company has market cap of $800.43 million. The firm offers in-line and x-ray stand-alone metrology systems, as well as integrated optical metrology systems that attach directly to wafer fabrication process equipment. It has a 17.45 P/E ratio. The Company’s products include thin film and optical CD process control for dimensional, films, and material metrology measurements for process control across various semiconductor manufacturing process steps, including lithography, etch, chemical mechanical polishing, and deposition.

The stock increased 0.92% or $0.26 during the last trading session, reaching $28.66. About 30,051 shares traded. Nova Measuring Instruments Ltd. (NASDAQ:NVMI) has risen 43.79% since May 25, 2017 and is uptrending. It has outperformed by 32.24% the S&P500.

Analysts await Nova Measuring Instruments Ltd. (NASDAQ:NVMI) to report earnings on August, 1. They expect $0.40 earnings per share, down 23.08 % or $0.12 from last year’s $0.52 per share. NVMI’s profit will be $11.17M for 17.91 P/E if the $0.40 EPS becomes a reality. After $0.51 actual earnings per share reported by Nova Measuring Instruments Ltd. for the previous quarter, Wall Street now forecasts -21.57 % negative EPS growth.

Needham Investment Management Llc holds 2.13% of its portfolio in Nova Measuring Instruments Ltd. for 308,500 shares. Delphi Management Inc Ma owns 68,147 shares or 1.01% of their US portfolio. Moreover, Menora Mivtachim Holdings Ltd. has 0.89% invested in the company for 886,541 shares. The California-based Menta Capital Llc has invested 0.55% in the stock. Lucus Advisors Llc, a New York-based fund reported 12,350 shares.

Nova Measuring Instruments Ltd. (NASDAQ:NVMI) Ratings Coverage

Ratings analysis reveals 100% of Nova Measuring’s analysts are positive. Out of 3 Wall Street analysts rating Nova Measuring, 3 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $33 while the high is $35.0. The stock’s average target of $34 is 18.63% above today’s ($28.66) share price. NVMI was included in 3 notes of analysts from February 13, 2018. The stock of Nova Measuring Instruments Ltd. (NASDAQ:NVMI) has “Buy” rating given on Monday, March 19 by Benchmark. Needham maintained the stock with “Buy” rating in Tuesday, February 13 report.

More important recent Nova Measuring Instruments Ltd. (NASDAQ:NVMI) news were published by: Prnewswire.com which released: “Nova Measuring Instruments to Present at the Jefferies 2018 Global Technology Conference in Beverly Hills” on April 30, 2018, also Seekingalpha.com published article titled: “Nova Measuring Instruments’ (NVMI) CEO Eitan Oppenhaim on Q1 2018 Results – Earnings Call Transcript”, Seekingalpha.com published: “KLA-Tencor Set To Substantially Underperform Competition In 2018” on May 07, 2018. More interesting news about Nova Measuring Instruments Ltd. (NASDAQ:NVMI) was released by: Prnewswire.com and their article: “Nova to Present at the Stifel 2018 Cross Sector Insight Conference in Boston” with publication date: May 23, 2018.

Nova Measuring Instruments Ltd. (NASDAQ:NVMI) Ratings Chart

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