In today’s recent session, 0.47 million shares of the Nova Ltd (NASDAQ:NVMI) have been traded, and its beta is 1.40. Most recently the company’s share price was $169.92, and it changed around $1.74 or 1.03% from the last close, which brings the market valuation of the company to $4.93B. NVMI at last check was trading at a discount to its 52-week high of $190.51, offering almost -12.12% off that amount. The share price’s 52-week low was $87.85, which indicates that the recent value has risen by an impressive 48.3% since then. We note from Nova Ltd’s average daily trading volume that its 3-month average coming to 159.39K.
Nova Ltd stock received a consensus recommendation rating of Buy, based on a mean score of 1.33. If we narrow it down even further, the data shows that 0 out of 3 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended NVMI as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight.
Nova Ltd (NASDAQ:NVMI) trade information
Instantly NVMI has been showing a green trend so far today with a performance of 1.03% on intraday trading today. The performance over the last five days has remained in the red territory. The company’s shares are currently up 23.68% year-to-date, but still down -0.12% over the last five days. On the other hand, Nova Ltd (NASDAQ:NVMI) is -6.05% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $210, which translates to bulls needing to increase their stock price by 19.09% from its current value. Analyst projections state that NVMI is forecast to be at a low of $210 and a high of $210.
Nova Ltd (NVMI) estimates and forecasts
Nova Ltd share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 77.04 percent over the past six months and at a 11.73% annual growth rate that is well above the industry average of 5.90%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 16.97%. Nova Ltd earnings are expected to increase by 8.68% in 2024, but the outlook is positive 7.50% per year for the next five years.
