Nova Measuring Instruments LTD (NASDAQ:NVMI) Quarterly Sentiment Report

April 22, 2018 - By Hazel Jackson

Sentiment for Nova Measuring Instruments LTD (NASDAQ:NVMI)

Nova Measuring Instruments LTD (NASDAQ:NVMI) institutional sentiment is 1 in 2017 Q4. Its the same as in 2017Q3. The ratio has no change, as only 38 active investment managers increased and opened new stock positions, while 38 sold and reduced their stock positions in Nova Measuring Instruments LTD. The active investment managers in our partner’s database now possess: 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 stock positions 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 $755.75 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 16.6 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 0.19% or $0.05 during the last trading session, reaching $27.06. About 110,523 shares traded. Nova Measuring Instruments Ltd. (NASDAQ:NVMI) has risen 43.79% since April 22, 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 May, 2 before the open. They expect $0.38 earnings per share, down 20.83 % or $0.10 from last year’s $0.48 per share. NVMI’s profit will be $10.61 million for 17.80 P/E if the $0.38 EPS becomes a reality. After $0.42 actual earnings per share reported by Nova Measuring Instruments Ltd. for the previous quarter, Wall Street now forecasts -9.52 % 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 25.65% above today’s ($27.06) share price. NVMI was included in 3 notes of analysts from February 13, 2018. The firm has “Buy” rating by Benchmark given on Monday, March 19. Needham maintained the shares of NVMI in report on Tuesday, February 13 with “Buy” rating.

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

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