Nova Ltd. (NASDAQ: NVMI) open the trading on March 16, 2023, with great promise as it jumped 3.10% to $100.26. During the day, the stock rose to $100.83 and sunk to $96.81 before settling in for the price of $97.25 at the close. Taking a more long-term approach, NVMI posted a 52-week range of $67.40-$120.00.
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The Technology sector firm’s twelve-monthly sales growth has been 20.80% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 22.40%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 40.90%. This publicly-traded company’s shares outstanding now amounts to $28.73 million, simultaneously with a float of $28.51 million. The organization now has a market capitalization sitting at $2.93 billion. At the time of writing, stock’s 50-day Moving Average stood at $91.99, while the 200-day Moving Average is $91.41.
It is quite necessary to find out the efficiency of the corporate organization, which has 1177 number of employees on its payroll. For the Profitability, stocks gross margin was +55.54, operating margin was +25.73 and Pretax Margin of +27.76.
Nova Ltd. (NVMI) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Semiconductor Equipment & Materials industry. Nova Ltd.’s current insider ownership accounts for 1.70%, in contrast to 78.40% institutional ownership.
Nova Ltd. (NVMI) Earnings and Revenue Records
So, what does the last quarter earnings report of the company that was made public on 9/29/2022 suggests? It has posted $1.24 earnings per share (EPS) beating the forecaster’s viewpoint (set at $1.17) by $0.07. This company achieved a net margin of +24.57 while generating a return on equity of 26.44. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.14 per share during the current fiscal year.
Nova Ltd.’s EPS increase for this current 12-month fiscal period is 40.90% and is forecasted to reach 4.93 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 32.20% through the next 5 years, which can be compared against the 22.40% growth it accomplished over the previous five years trading on the market.
Nova Ltd. (NASDAQ: NVMI) Trading Performance Indicators
Let’s observe the current performance indicators for Nova Ltd. (NVMI). It’s Quick Ratio in the last reported quarter now stands at 3.70. The Stock has managed to achieve an average true range (ATR) of 2.88. Alongside those numbers, its PE Ratio stands at $22.77, and its Beta score is 1.24. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.13. Similarly, its price to free cash flow for trailing twelve months is now 29.82.
In the same vein, NVMI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.40, a figure that is expected to reach 1.05 in the next quarter, and analysts are predicting that it will be 4.93 at the market close of one year from today.
Technical Analysis of Nova Ltd. (NVMI)
[Nova Ltd., NVMI] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 93.08% While, its Average True Range was 2.95.
Raw Stochastic average of Nova Ltd. (NVMI) in the period of the previous 100 days is set at 98.18%, which indicates a major rise in contrast to 95.64% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 23.25% that was lower than 34.67% volatility it exhibited in the past 100-days period.