The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Nova Ltd (NASDAQ: NVMI) closed at $186.75 down -6.96% from its previous closing price of $200.72. In other words, the price has decreased by -$6.96 from its previous closing price. On the day, 0.56 million shares were traded.
Ratios:
For a deeper understanding of Nova Ltd’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.10. For the most recent quarter (mrq), Quick Ratio is recorded 1.92 and its Current Ratio is at 2.32. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.05.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Cantor Fitzgerald on January 13, 2025, initiated with a Overweight rating and assigned the stock a target price of $275.
On January 06, 2025, Citigroup Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $226 to $240.
Citigroup Downgraded its Buy to Neutral on September 16, 2024, whereas the target price for the stock was revised from $273 to $224.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 05 ’25 when Cohen Raanan bought 8,205 shares for $223.52 per share.
Wolfing Shay bought 11,166 shares of NVMI for $2,546,574 on Mar 04 ’25. On Mar 03 ’25, another insider, Simon Zehava, who serves as the Director of the company, bought 1,500 shares for $239.18 each.
Valuation Measures:
As of this moment, Nova’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.70, and their Forward P/E ratio for the next fiscal year is 20.97. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.14 while its Price-to-Book (P/B) ratio in mrq is 5.89.
Stock Price History:
Over the past 52 weeks, NVMI has reached a high of $289.90, while it has fallen to a 52-week low of $153.99. The 50-Day Moving Average of the stock is -5.23%, while the 200-Day Moving Average is calculated to be -9.68%.
Shares Statistics:
A total of 29.30M shares are outstanding, with a floating share count of 29.29M. Insiders hold about 0.02% of the company’s shares, while institutions hold 79.51% stake in the company.
