Nova Measuring Receives a Buy from Benchmark Co.


Benchmark Co. analyst Mark Miller maintained a Buy rating on Nova Measuring (NASDAQ: NVMI) today and set a price target of $35. The company’s shares closed yesterday at $27.

According to TipRanks.com, Miller is a top 25 analyst with an average return of 27.9% and a 72.9% success rate. Miller covers the Consumer Goods sector, focusing on stocks such as Axcelis Technologies, Ipg Photonics Corp, and Nanometrics Inc.

Nova Measuring has an analyst consensus of Strong Buy, with a price target consensus of $34.

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Based on Nova Measuring’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $57.38 million and quarterly net profit of $8.24 million. In comparison, last year the company earned revenue of $54.43 million and had a net profit of $13.4 million.

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Nova Measuring Instruments Ltd. providing metrology solutions for the semiconductor manufacturing industry. It offers in-line Optical and x-ray stand-alone metrology systems, as well as integrated optical metrology systems, which are attached directly to wafer fabrication process equipment.

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