Is Nova Stock a Good Investment?

Nova Investment Advice

NVMI

To provide specific investment advice or recommendations on Nova stock, we recommend investors consider the following general factors when evaluating Nova. This will help you to make an informed decision on whether to include Nova in one of your diversified portfolios:

Examine Nova's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
Research Nova's leadership team and their track record. Good management can help Nova navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the Semiconductors & Semiconductor Equipment space and any emerging trends that could impact Nova's business and its evolving consumer preferences.
Compare Nova's performance and market position to its competitors. Analyze how Nova is positioned in terms of product offerings, innovation, and market share.
Check if Nova pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about Nova's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.

It's important to note that investing in Nova stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Nova is a good investment.

Sell

Buy

Strong Hold

Macroaxis provides trade recommendations on Nova to complement and cross-verify current analyst consensus on Nova. Our advice engine determines the firm's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure Nova is not overpriced, please verify all Nova fundamentals, including its ebitda, earnings per share, net asset, as well as the relationship between the debt to equity and total asset . Given that Nova has a number of shares shorted of 1.04 M, we recommend you to check Nova market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your last-minute risk tolerance and investing horizon.

Market Performance	Solid	Details
Volatility	Very steady	Details
Hype Condition	Under hyped	Details
Current Valuation	Fairly Valued	Details
Odds Of Distress	Very Low	Details
Economic Sensitivity	Slowly supersedes the market	Details
Investor Sentiment	Alarmed	Details
Analyst Consensus	Strong Buy	Details
Financial Strenth (F Score)	Strong	Details
Financial Leverage	Not Rated	Details
Reporting Quality (M-Score)	Unlikely Manipulator	Details

Examine Nova Stock

Researching Nova's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 78.0% of the company shares are owned by institutional investors. The company recorded earning per share (EPS) of 5.75. Nova had not issued any dividends in recent years.

To determine if Nova is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Nova's research are outlined below:

	Nova appears to be risky and price may revert if volatility continues
	Nova is unlikely to experience financial distress in the next 2 years
	Nova has a strong financial position based on the latest SEC filings
	Over 78.0% of the company shares are owned by institutional investors
	Latest headline from finance.yahoo.com: Nova to Participate in Upcoming Investor Conferences

Nova Quarterly Accounts Payable

59.58 Million

Nova uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Nova. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Nova's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.

	15th of February 2024 Upcoming Quarterly Report	View
	9th of May 2024 Next Financial Report	View
	31st of December 2023 Next Fiscal Quarter End	View
	15th of February 2024 Next Fiscal Year End	View
	30th of September 2023 Last Quarter Report	View
	31st of December 2022 Last Financial Announcement	View

Earnings surprises can significantly impact Nova's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Nova's investors have experienced.

Reported	Fiscal Date	Estimated EPS	Reported EPS	Surprise
2013-10-30	2013-09-30	0.09	0.1	0.01	11
2004-11-10	2004-09-30	0.04	0.05	0.01	25
2000-11-01	2000-09-30	0.09	0.08	-0.01	11
2016-02-17	2015-12-31	0.17	0.19	0.02	11
2012-07-31	2012-06-30	0.18	0.2	0.02	11
2011-11-01	2011-09-30	0.2	0.22	0.02	10
2010-05-04	2010-03-31	0.09	0.11	0.02	22
2003-03-03	2002-12-31	-0.14	-0.16	-0.02	14

Nova Target Price Consensus

Nova target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Nova's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.

7	Strong Buy

Most Nova analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Nova stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Nova, talking to its executives and customers, or listening to those companies' conference calls.

Macroaxis Advice Exposure Valuation

Nova Target Price Projection

Nova's current and average target prices are 250.43 and 236.02, respectively. The current price of Nova is the price at which Nova is currently trading. On the other hand, Nova's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Nova Market Quote on 25th of February 2025

Low Price	247.18	Odds
High Price	256.86	Odds

250.43 Target Price

Analyst Consensus On Nova Target Price

Low Estimate	214.78	Odds
High Estimate	261.98	Odds

236.02

Historical

Lowest Forecast 214.78

Target Price 236.02

Highest Forecast 261.98

Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Nova and the information provided on this page.

Nova Analyst Ratings

Nova's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Nova stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Nova's financials, market performance, and future outlook by experienced professionals. Nova's historical ratings below, therefore, can serve as a valuable tool for investors.

Know Nova's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Nova is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Nova backward and forwards among themselves. Nova's institutional investor refers to the entity that pools money to purchase Nova's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.

		Shares
Millennium Management Llc	2024-12-31	326.1 K
Arrowstreet Capital Limited Partnership	2024-09-30	310.8 K
Y.d. More Investments Ltd	2024-12-31	296.3 K
Congress Asset Management Company, Llp	2024-12-31	251.9 K
Phoenix Financial Ltd	2024-09-30	240 K
Morgan Stanley - Brokerage Accounts	2024-12-31	205.7 K
Goldman Sachs Group Inc	2024-12-31	199.7 K
Two Sigma Advisers, Llc	2024-12-31	182.4 K
Needham Investment Management, Llc	2024-09-30	169.8 K
Fmr Inc	2024-12-31	2.7 M
Wasatch Advisors Lp	2024-12-31	2.4 M

Note, although Nova's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Nova's market capitalization trends

The company currently falls under 'Mid-Cap' category with a current market capitalization of 7.59 B.

Market Cap

3.74 Billion

Nova's profitablity analysis

	Last Reported	Projected for Next Year
Return On Tangible Assets	0.14	0.15
Return On Capital Employed	0.19	0.20
Return On Assets	0.13	0.14
Return On Equity	0.20	0.21

The company has Profit Margin (PM) of 0.27 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.28 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.28.

Determining Nova's profitability involves analyzing its financial statements and using various financial metrics to determine if Nova is a good buy. For example, gross profit margin measures Nova's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Nova's profitability and make more informed investment decisions.

Evaluate Nova's management efficiency

Nova has return on total asset (ROA) of 0.0929 % which means that it generated a profit of $0.0929 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.219 %, meaning that it created $0.219 on every $100 dollars invested by stockholders. Nova's management efficiency ratios could be used to measure how well Nova manages its routine affairs as well as how well it operates its assets and liabilities. The Nova's current Return On Tangible Assets is estimated to increase to 0.15. The Nova's current Return On Capital Employed is estimated to increase to 0.20. As of now, Nova's Other Current Assets are increasing as compared to previous years. The Nova's current Total Current Assets is estimated to increase to about 947 M, while Intangible Assets are projected to decrease to under 18.9 M.

	Last Reported	Projected for Next Year
Book Value Per Share	31.87	33.46
Tangible Book Value Per Share	29.13	30.58
Enterprise Value Over EBITDA	24.87	26.12
Price Book Value Ratio	6.18	4.16
Enterprise Value Multiple	24.87	26.12
Price Fair Value	6.18	4.16
Enterprise Value	3.7 B	3.9 B

Nova has shown resilience through effective management strategies. Our analysis examines how these strategies influence financial outcomes and investor returns which helps in understanding the stock's long-term potential.

Beta

1.432

Basic technical analysis of Nova Stock

As of the 25th of February, Nova secures the Downside Deviation of 2.63, risk adjusted performance of 0.1595, and Mean Deviation of 2.09. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nova, as well as the relationship between them.

Nova's insider trading activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Nova insiders, such as employees or executives, is commonly permitted as long as it does not rely on Nova's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Nova insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Marxe Austin W & Greenhouse David M over three months ago

Discretionary transaction by Marxe Austin W Greenhouse David M of tradable shares of Nova subject to Rule 16b-3

Nova's Outstanding Corporate Bonds

Nova issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Nova uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Nova bonds can be classified according to their maturity, which is the date when Nova has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

	MPLX LP 4125 Corp Bond US55336VAK61	View
	MGM Resorts International Corp Bond US552953CD18	View

View All Nova Corporate Bonds

Understand Nova's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing Nova's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

	Risk Adjusted Performance	0.1595
	Market Risk Adjusted Performance	2.88
	Mean Deviation	2.09
	Semi Deviation	2.27
	Downside Deviation	2.63
	Coefficient Of Variation	483.31
	Standard Deviation	2.94
	Variance	8.63
	Information Ratio	0.2052
	Jensen Alpha	0.5988
	Total Risk Alpha	0.6171
	Sortino Ratio	0.229
	Treynor Ratio	2.87
	Maximum Drawdown	18.47
	Value At Risk	(2.04)
	Potential Upside	5.08
	Downside Variance	6.92
	Semi Variance	5.15
	Expected Short fall	(2.56)
	Skewness	(0.46)
	Kurtosis	4.93

	Risk Adjusted Performance	0.1595
	Market Risk Adjusted Performance	2.88
	Mean Deviation	2.09
	Semi Deviation	2.27
	Downside Deviation	2.63
	Coefficient Of Variation	483.31
	Standard Deviation	2.94
	Variance	8.63
	Information Ratio	0.2052
	Jensen Alpha	0.5988
	Total Risk Alpha	0.6171
	Sortino Ratio	0.229
	Treynor Ratio	2.87
	Maximum Drawdown	18.47
	Value At Risk	(2.04)
	Potential Upside	5.08
	Downside Variance	6.92
	Semi Variance	5.15
	Expected Short fall	(2.56)
	Skewness	(0.46)
	Kurtosis	4.93

Consider Nova's intraday indicators

Nova intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Nova stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

	Accumulation Distribution	11243.06
	Daily Balance Of Power	(0.90)
	Rate Of Daily Change	0.97
	Day Median Price	252.02
	Day Typical Price	251.49
	Price Action Indicator	(5.95)
	Period Momentum Indicator	(8.72)
	Relative Strength Index	64.97

Nova Corporate Filings

6K	24th of February 2025 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.	View Verify
	20th of February 2025 Other Reports	View Verify
	12th of February 2025 Other Reports	View Verify
13A	10th of September 2024 An amended filing to the original Schedule 13G	View Verify

Nova time-series forecasting models is one of many Nova's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Nova's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Nova Stock media impact

Far too much social signal, news, headlines, and media speculation about Nova that are available to investors today. That information is available publicly through Nova media outlets and privately through word of mouth or via Nova internal channels. However, regardless of the origin, that massive amount of Nova data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.

A primary focus of Nova news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Nova relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Nova's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Nova alpha.

Nova Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards Nova can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.

Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Nova Historical Investor Sentiment

Investor biases related to Nova's public news can be used to forecast risks associated with an investment in Nova. The trend in average sentiment can be used to explain how an investor holding Nova can time the market purely based on public headlines and social activities around Nova. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Nova's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Nova and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Nova news discussions. The higher the estimate score, the more favorable the investor's outlook on Nova.

Nova Maximum Pain Price Across May 16th 2025 Option Contracts

Nova's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Nova close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Nova's options.

Nova Corporate Management

Gabi Sharon	Corporate VP of Operations	Profile
Thomas Larson	Vice Development	Profile
Guy Kizner	Chief Officer	Profile
Eitan Oppenhaim	Executive Board	Profile
Adrian Wilson	General Manager Material Metrology division	Profile
Gabriel Waisman	Chief Business Officer	Profile

When determining whether Nova offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nova's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nova Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nova Stock: