Nova (NASDAQ:NVMI – Get Free Report) issued an update on its third quarter 2026 earnings guidance on Thursday. The company provided EPS guidance of 2.700-2.850 for the period, compared to the consensus estimate of 2.640. The company issued revenue guidance of $277.0 million-$287.0 million, compared to the consensus revenue estimate of $276.7 million.
Nova Trading Down 5.2%
Shares of NVMI traded down $21.06 during trading hours on Thursday, hitting $381.32. 914,643 shares of the stock traded hands, compared to its average volume of 568,858. The business has a fifty day moving average of $482.75 and a 200-day moving average of $476.29. The firm has a market capitalization of $12.12 billion, a PE ratio of 47.55, a price-to-earnings-growth ratio of 2.91 and a beta of 1.78. Nova has a 1-year low of $232.73 and a 1-year high of $615.99.
Nova (NASDAQ:NVMI – Get Free Report) last issued its earnings results on Friday, August 7th. The semiconductor company reported $2.51 EPS for the quarter, beating the consensus estimate of $2.41 by $0.10. Nova had a net margin of 29.21% and a return on equity of 21.77%. The company had revenue of $254.96 million during the quarter, compared to analysts’ expectations of $250.33 million. During the same quarter in the previous year, the company posted $2.20 EPS. The business’s revenue for the quarter was up 15.9% compared to the same quarter last year. As a group, equities research analysts expect that Nova will post 9.46 earnings per share for the current fiscal year.
Analyst Ratings Changes
View Our Latest Research Report on NVMI
Insider Transactions at Nova
In other news, Director Eitan Oppenhaim sold 1,290 shares of Nova stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $581.20, for a total value of $749,748.00. Following the sale, the director directly owned 6,421 shares in the company, valued at $3,731,885.20. This trade represents a 16.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Yaniv Garty sold 366 shares of the business’s stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $581.20, for a total transaction of $212,719.20. Following the completion of the sale, the director directly owned 2,006 shares in the company, valued at approximately $1,165,887.20. This represents a 15.43% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 7,798 shares of company stock worth $4,125,266. 1.00% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Nova
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Wasatch Advisors LP grew its holdings in Nova by 4.9% during the second quarter. Wasatch Advisors LP now owns 2,200,948 shares of the semiconductor company’s stock worth $605,701,000 after purchasing an additional 102,250 shares during the period. Invesco Ltd. increased its holdings in shares of Nova by 4.4% during the 4th quarter. Invesco Ltd. now owns 634,284 shares of the semiconductor company’s stock worth $208,293,000 after acquiring an additional 26,940 shares during the last quarter. Lazard Asset Management LLC raised its stake in Nova by 69.2% in the 2nd quarter. Lazard Asset Management LLC now owns 359,221 shares of the semiconductor company’s stock valued at $98,857,000 after acquiring an additional 146,932 shares during the period. Barclays PLC lifted its holdings in Nova by 54.4% during the 4th quarter. Barclays PLC now owns 271,485 shares of the semiconductor company’s stock valued at $89,153,000 after purchasing an additional 95,642 shares during the last quarter. Finally, Rafferty Asset Management LLC lifted its holdings in Nova by 7.3% during the 4th quarter. Rafferty Asset Management LLC now owns 266,579 shares of the semiconductor company’s stock valued at $87,542,000 after purchasing an additional 18,195 shares during the last quarter. Institutional investors own 82.99% of the company’s stock.
About Nova
Nova Measuring Instruments Ltd (NASDAQ: NVMI) develops and supplies advanced metrology and process control systems for the semiconductor manufacturing industry. The company’s core product line includes spectroscopic ellipsometry and scatterometry tools designed to measure film thickness, critical dimensions, overlay alignment and other key parameters that drive yield and performance in integrated circuit fabrication.
Founded in 1993 and headquartered in Rehovot, Israel, Nova Measuring Instruments has established itself as a critical partner to leading semiconductor foundries and device manufacturers.
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