A share price of Nova Ltd [NVMI] is currently trading at $217.85, up 8.44%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NVMI shares have gain 18.27% over the last week, with a monthly amount glided 11.93%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Nova Ltd [NASDAQ: NVMI] stock has seen the most recent analyst activity on January 13, 2025, when Cantor Fitzgerald initiated its Overweight rating and assigned the stock a price target of $275. Previously, Citigroup upgraded its rating to Buy on January 06, 2025, and elevated its price target to $240. On September 16, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $224 on the stock. Jefferies started tracking the stock assigning a Buy rating and suggested a price target of $240 on May 13, 2024. Evercore ISI initiated its recommendation with a Outperform and recommended $210 as its price target on April 16, 2024. Needham downgraded its rating to Hold for this stock on June 14, 2023. In a note dated April 21, 2023, Jefferies initiated an Buy rating and provided a target price of $115 on this stock.
Nova Ltd experienced fluctuations in its stock price throughout the past year between $153.99 and $289.90. Currently, Wall Street analysts expect the stock to reach $217 within the next 12 months. Nova Ltd [NASDAQ: NVMI] shares were valued at $217.85 at the most recent close of the market. An investor can expect a potential drop of -0.39% based on the average NVMI price forecast.
Analyzing the NVMI fundamentals
Trailing Twelve Months sales for Nova Ltd [NASDAQ:NVMI] were 743.95M which represents 50.46% growth. Gross Profit Margin for this corporation currently stands at 0.57% with Operating Profit Margin at 0.29%, Pretax Profit Margin comes in at 0.34%, and Net Profit Margin reading is 0.28%. To continue investigating profitability, this company’s Return on Assets is posted at 0.14, Equity is 0.23 and Total Capital is 0.2. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.24.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 209.44 points at the first support level, and at 201.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 222.18, and for the 2nd resistance point, it is at 226.52.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Nova Ltd [NASDAQ:NVMI] is 2.18. As well, the Quick Ratio is 1.74, while the Cash Ratio is 0.35. Considering the valuation of this stock, the price to sales ratio is 8.58, the price to book ratio is 6.49 and price to earnings (TTM) ratio is 33.07.
Transactions by insiders
Recent insider trading involved Wilson Adrian Stuart, Officer, that happened on May 27 ’25 when 3030.0 shares were purchased. Director, Garty Yaniv completed a deal on May 19 ’25 to buy 961.0 shares. Meanwhile, Director Cohen Raanan bought 8205.0 shares on Mar 05 ’25.
