Nova (NASDAQ:NVMI – Get Free Report) updated its fourth quarter earnings guidance on Thursday. The company provided earnings per share guidance of $1.72-1.91 for the period, compared to the consensus earnings per share estimate of $1.69. The company issued revenue guidance of $181-191 million, compared to the consensus revenue estimate of $177.88 million. Nova also updated its Q4 2024 guidance to 1.720-1.910 EPS.
Nova Stock Performance
NVMI opened at $191.31 on Thursday. The business’s 50-day simple moving average is $199.11 and its 200 day simple moving average is $207.60. Nova has a 52-week low of $98.86 and a 52-week high of $247.21. The firm has a market capitalization of $5.56 billion, a PE ratio of 39.77, a PEG ratio of 1.89 and a beta of 1.47.
Nova (NASDAQ:NVMI – Get Free Report) last announced its quarterly earnings data on Thursday, August 8th. The semiconductor company reported $1.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.18 by $0.43. The company had revenue of $156.86 million for the quarter, compared to analysts’ expectations of $148.12 million. Nova had a return on equity of 20.76% and a net margin of 27.38%. The business’s revenue was up 27.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.97 EPS. On average, research analysts forecast that Nova will post 5.63 earnings per share for the current year.
Analyst Upgrades and Downgrades
Read Our Latest Report on NVMI
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.
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