With an average broker rating of 1 and an ABR of 1.3, Nova Measuring Instruments, Ltd. (NASDAQ:$NVMI) has caught some investors attention.
The company, based in Israel, is a semiconductor manufacturer. They develop, manufacture, and market metrology solutions for advanced process control used in semiconductor manufacturing. They offer both x-ray stand-alone metrology systems as well as in-line Optical.
The company currently is currently rated at a ‘Buy’ or ‘Strong-Buy’ by the two firms covering it.
Forecasts for the stock predict a high of $28 within the year. The 1.3 ABR is a simplified analytical tool provided by Zacks that gives an integer based number. Their 1-5 scale corresponds with a Buy/Hold/Sell recommendation with 1-2 representing a ‘Buy’, 3 representing a ‘Hold’, and 4-5 representing a ‘Sell’ rating.
Analysts currently predict that Nova will report an EPS of $0.38 during their next quarterly report, according to Zacks Research. During their last quarterly report, Nova posted earnings of $0.53 EPS, which exceeded consensus forecasts of $0.42. Their EPS over the past 52 weeks averages out to $1.79. Shares have moved $4 over the past week, with a total of $15.63 moving over the past month, as reported by one analyst.
The share saw a close at $27.30 at last close. They had an average share volume of 175,292.34 shares in each session. The stock currently sits at 96.11% of the 52-week high-low range, with the 52-week stock low at $11.72. From year to date, the stock has moved 107.45% and 19.42% over the past 12 weeks.
The research analysis firms are responsible for studying companies and making a recommendation based on their interpretations of various indicators and metrics. In today’s marketplace, this makes them considerably influential, especially with the wide audience allotted through television and the internet. Stock fluctuations can even be caused by a simple mention from a popular analyst.
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