Nova Earnings Estimate
| NVMI Stock | USD 211.64 4.35 2.01% |
Nova |
Nova Earnings Estimation Breakdown
The calculation of Nova's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Nova is estimated to be 1.36 with the future projection ranging from a low of 1.34 to a high of 1.38. Please be aware that this consensus of annual earnings estimates for Nova is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
1.34 Lowest | Expected EPS | 1.38 Highest |
Nova Earnings Projection Consensus
Suppose the current estimates of Nova's value are higher than the current market price of the Nova stock. In this case, investors may conclude that Nova is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Nova's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 30th of June 2024 | Current EPS (TTM) | |
| 3 | 92.36% | 1.39 | 1.36 | 4.34 |
Nova Earnings per Share Projection vs Actual
Actual Earning per Share of Nova refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Nova predict the company's earnings will be in the future. The higher the earnings per share of Nova, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Nova Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Nova, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Nova should always be considered in relation to other companies to make a more educated investment decision.Nova Quarterly Analyst Estimates and Surprise Metrics
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.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-05-09 | 2024-03-31 | 1.27 | 1.39 | 0.12 | 9 | ||
2024-02-15 | 2023-12-31 | 1.24 | 1.36 | 0.12 | 9 | ||
2023-11-09 | 2023-09-30 | 1.09 | 1.23 | 0.14 | 12 | ||
2023-08-03 | 2023-06-30 | 1 | 1.06 | 0.06 | 6 | ||
2023-05-11 | 2023-03-31 | 1.05 | 1.23 | 0.18 | 17 | ||
2023-02-15 | 2022-12-31 | 1.25 | 1.28 | 0.03 | 2 | ||
2022-11-03 | 2022-09-30 | 1.17 | 1.24 | 0.07 | 5 | ||
2022-08-04 | 2022-06-30 | 1.19 | 1.24 | 0.05 | 4 | ||
2022-05-12 | 2022-03-31 | 1.04 | 1.3 | 0.26 | 25 | ||
2022-02-24 | 2021-12-31 | 1.05 | 1.08 | 0.03 | 2 | ||
2021-11-04 | 2021-09-30 | 0.92 | 1.16 | 0.24 | 26 | ||
2021-08-05 | 2021-06-30 | 0.73 | 0.9 | 0.17 | 23 | ||
2021-05-06 | 2021-03-31 | 0.62 | 0.7 | 0.08 | 12 | ||
2021-02-18 | 2020-12-31 | 0.52 | 0.55 | 0.03 | 5 | ||
2020-11-12 | 2020-09-30 | 0.47 | 0.57 | 0.1 | 21 | ||
2020-08-04 | 2020-06-30 | 0.44 | 0.48 | 0.04 | 9 | ||
2020-05-14 | 2020-03-31 | 0.36 | 0.47 | 0.11 | 30 | ||
2020-02-13 | 2019-12-31 | 0.46 | 0.51 | 0.05 | 10 | ||
2019-11-07 | 2019-09-30 | 0.28 | 0.4 | 0.12 | 42 | ||
2019-08-07 | 2019-06-30 | 0.27 | 0.32 | 0.05 | 18 | ||
2019-05-01 | 2019-03-31 | 0.3 | 0.37 | 0.07 | 23 | ||
2019-02-13 | 2018-12-31 | 0.42 | 0.59 | 0.17 | 40 | ||
2018-11-01 | 2018-09-30 | 0.44 | 0.52 | 0.08 | 18 | ||
2018-08-01 | 2018-06-30 | 0.41 | 0.46 | 0.05 | 12 | ||
2018-05-02 | 2018-03-31 | 0.41 | 0.54 | 0.13 | 31 | ||
2018-02-13 | 2017-12-31 | 0.39 | 0.45 | 0.06 | 15 | ||
2017-11-01 | 2017-09-30 | 0.38 | 0.46 | 0.08 | 21 | ||
2017-08-02 | 2017-06-30 | 0.41 | 0.53 | 0.12 | 29 | ||
2017-05-09 | 2017-03-31 | 0.41 | 0.5 | 0.09 | 21 | ||
2017-02-14 | 2016-12-31 | 0.39 | 0.42 | 0.03 | 7 | ||
2016-11-02 | 2016-09-30 | 0.25 | 0.34 | 0.09 | 36 | ||
2016-08-03 | 2016-06-30 | 0.11 | 0.17 | 0.06 | 54 | ||
2016-05-04 | 2016-03-31 | 0.13 | 0.16 | 0.03 | 23 | ||
2016-02-17 | 2015-12-31 | 0.17 | 0.19 | 0.02 | 11 | ||
2015-10-28 | 2015-09-30 | 0.18 | 0.23 | 0.05 | 27 | ||
2015-07-28 | 2015-06-30 | 0.15 | 0.2 | 0.05 | 33 | ||
2015-05-12 | 2015-03-31 | 0.06 | 0.15 | 0.09 | 150 | ||
2015-02-18 | 2014-12-31 | 0.04 | 0.08 | 0.04 | 100 | ||
2014-10-29 | 2014-09-30 | 0.11 | 0.14 | 0.03 | 27 | ||
2014-07-30 | 2014-06-30 | 0.19 | 0.22 | 0.03 | 15 | ||
2014-04-30 | 2014-03-31 | 0.22 | 0.25 | 0.03 | 13 | ||
2014-02-18 | 2013-12-31 | 0.15 | 0.15 | 0.0 | 0 | ||
2013-10-30 | 2013-09-30 | 0.09 | 0.1 | 0.01 | 11 | ||
2013-07-30 | 2013-06-30 | 0.1 | 0.14 | 0.04 | 40 | ||
2013-04-30 | 2013-03-31 | 0.12 | 0.13 | 0.01 | 8 | ||
2013-02-19 | 2012-12-31 | 0.04 | 0.04 | 0.0 | 0 | ||
2012-10-31 | 2012-09-30 | 0.1 | 0.14 | 0.04 | 40 | ||
2012-07-31 | 2012-06-30 | 0.18 | 0.2 | 0.02 | 11 | ||
2012-05-02 | 2012-03-31 | 0.1 | 0.15 | 0.05 | 50 | ||
2012-02-15 | 2011-12-31 | 0.02 | 0.09 | 0.07 | 350 | ||
2011-11-01 | 2011-09-30 | 0.2 | 0.22 | 0.02 | 10 | ||
2011-08-02 | 2011-06-30 | 0.32 | 0.34 | 0.02 | 6 | ||
2011-05-04 | 2011-03-31 | 0.28 | 0.3 | 0.02 | 7 | ||
2011-02-15 | 2010-12-31 | 0.26 | 0.28 | 0.02 | 7 | ||
2010-11-02 | 2010-09-30 | 0.2 | 0.27 | 0.07 | 35 | ||
2010-08-03 | 2010-06-30 | 0.12 | 0.18 | 0.06 | 50 | ||
2010-05-04 | 2010-03-31 | 0.09 | 0.11 | 0.02 | 22 | ||
2005-05-09 | 2005-03-31 | 0.01 | -0.27 | -0.28 | 2800 | ||
2005-02-17 | 2004-12-31 | 0.01 | 0.01 | 0.0 | 0 | ||
2004-11-10 | 2004-09-30 | 0.04 | 0.05 | 0.01 | 25 | ||
2004-08-12 | 2004-06-30 | 0.03 | 0.03 | 0.0 | 0 | ||
2004-02-19 | 2003-12-31 | -0.02 | 0.05 | 0.07 | 350 | ||
2003-11-13 | 2003-09-30 | -0.09 | -0.05 | 0.04 | 44 | ||
2003-08-13 | 2003-06-30 | -0.13 | -0.08 | 0.05 | 38 | ||
2003-05-19 | 2003-03-31 | -0.07 | -0.16 | -0.09 | 128 | ||
2003-03-03 | 2002-12-31 | -0.14 | -0.16 | -0.02 | 14 | ||
2002-11-11 | 2002-09-30 | -0.14 | -0.16 | -0.02 | 14 | ||
2002-08-12 | 2002-06-30 | -0.21 | -0.18 | 0.03 | 14 | ||
2002-05-09 | 2002-03-31 | -0.2 | -0.21 | -0.01 | 5 | ||
2002-02-27 | 2001-12-31 | -0.2 | -0.21 | -0.01 | 5 | ||
2001-11-12 | 2001-09-30 | -0.25 | -0.21 | 0.04 | 16 | ||
2001-08-02 | 2001-06-30 | -0.26 | -0.34 | -0.08 | 30 | ||
2001-05-03 | 2001-03-31 | -0.06 | -0.12 | -0.06 | 100 | ||
2001-02-21 | 2000-12-31 | 0.19 | 0.15 | -0.04 | 21 | ||
2000-11-01 | 2000-09-30 | 0.09 | 0.08 | -0.01 | 11 | ||
2000-07-25 | 2000-06-30 | 0.02 | 0.05 | 0.03 | 150 |
About Nova Earnings Estimate
The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Nova earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Nova estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Nova fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.| Last Reported | Projected for Next Year | ||
| Retained Earnings | 614.4 M | 645.1 M | |
| Earnings Yield | 0.03 | 0.04 | |
| Price Earnings Ratio | 29.06 | 30.51 | |
| Price Earnings To Growth Ratio | (8.88) | (8.44) |
Currently Active Assets on Macroaxis
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:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nova. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For more detail on how to invest in Nova Stock please use our How to Invest in Nova guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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When running Nova's price analysis, check to measure Nova's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nova is operating at the current time. Most of Nova's value examination focuses on studying past and present price action to predict the probability of Nova's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nova's price. Additionally, you may evaluate how the addition of Nova to your portfolios can decrease your overall portfolio volatility.
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Is Nova's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nova. If investors know Nova will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nova listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.045 | Earnings Share 4.34 | Revenue Per Share 18.243 | Quarterly Revenue Growth 0.073 | Return On Assets 0.0754 |
The market value of Nova is measured differently than its book value, which is the value of Nova that is recorded on the company's balance sheet. Investors also form their own opinion of Nova's value that differs from its market value or its book value, called intrinsic value, which is Nova's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nova's market value can be influenced by many factors that don't directly affect Nova's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nova's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nova is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nova's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.