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Novanta Inc (NOVT)
NASDAQ:NOVT
NOVT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$137.91 - $187.12
Previous CloseN/A
Volume75.58K
Average Volume (3M)237.59K
Market Cap
$5.20B
Enterprise Value$6.79B
Total Cash (Recent Filing)$106.63M
Total Debt (Recent Filing)$246.96M
Price to Earnings (P/E)81.5
Beta1.63
Next Earnings
May 13, 2025EPS Estimate
0.67Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.77
Shares Outstanding35,960,636
10 Day Avg. Volume345,711
30 Day Avg. Volume237,587
Standard Deviation0.10
R-Squared0.49
Alpha-0.00240
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)5.51
Price to Cash Flow (P/CF)21.20
P/FCF Ratio22.00
Enterprise Value/Market Cap1.30
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit16.97
Enterprise Value/Ebitda41.95
Forecast
1Y Price Target
$169.00Price Target Upside16.84% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
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Novanta News
PremiumCompany Announcements
Novanta Reports Strong 2024 Financial Performance
PremiumCompany Announcements
Novanta’s Earnings Call: Record Growth Amid Challenges
PremiumCompany Announcements
Novanta Inc. Files Form 8-K to Announce Key Corporate Update---
Bulls Say, Bears Say
Bulls Say
Product DevelopmentNovanta reported 40% growth in design wins in the fourth quarter, and the vitality index (percentage of sales from new products) improved.
Sales GrowthAutomation enabling technologies sales grew 9% year-over-year organically in the fourth quarter, driven by continued recovery in robotics and automation.
Bears Say
Market OutlookManagement issued a cautious outlook for fourth quarter 2024, which included a pause in DNA sequencing technology orders, and secondarily the delay of some orders in the robotic surgery and semiconductor markets.
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Ownership Overview
0.94% Insiders
45.51% Mutual Funds
0.64% Other Institutional Investors
25.71% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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NOVT FAQ
What was Novanta Inc’s price range in the past 12 months?
Novanta Inc lowest stock price was $137.91 and its highest was $187.12 in the past 12 months.
What is Novanta Inc’s market cap?
Novanta Inc’s market cap is $5.20B.
When is Novanta Inc’s upcoming earnings report date?
Novanta Inc’s upcoming earnings report date is May 13, 2025 which is in 71 days.
How were Novanta Inc’s earnings last quarter?
Novanta Inc released its earnings results on Feb 25, 2025. The company reported $0.76 earnings per share for the quarter, beating the consensus estimate of $0.713 by $0.047.
Is Novanta Inc overvalued?
According to Wall Street analysts Novanta Inc’s price is currently Undervalued.
Does Novanta Inc pay dividends?
Novanta Inc does not currently pay dividends.
What is Novanta Inc’s EPS estimate?
Novanta Inc’s EPS estimate is 0.67.
How many shares outstanding does Novanta Inc have?
Novanta Inc has 35,960,636 shares outstanding.
What happened to Novanta Inc’s price movement after its last earnings report?
Novanta Inc reported an EPS of $0.76 in its last earnings report, beating expectations of $0.713. Following the earnings report the stock price went up 7.195%.
Which hedge fund is a major shareholder of Novanta Inc?
Currently, no hedge funds are holding shares in NOVT
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Novanta Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$169.00 (16.84% Upside)
$169.00 (16.84% Upside)
Blogger Sentiment
Neutral
NOVT Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 3.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.3M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-13.62%
12-Months-Change
Fundamentals
Return on Equity
9.03%
Trailing 12-Months
Asset Growth
13.25%
Trailing 12-Months
Company Description
Novanta Inc
Novanta, Inc. engages in the provision of core technology solutions to healthcare and advanced industrial original equipment manufacturers. It operates through the following segments: Photonics, Vision, and Precision Motion. The Photonics segment designs, manufactures, and markets photonics-based solutions, including laser scanning and laser beam delivery, CO2 laser, continuous wave and ultrafast laser, and optical light engine products. The Vision segment a range of medical grade technologies, including medical insufflators, pumps and related disposables; surgical displays and operating room integration technologies; optical data collection and machine vision technologies; radio frequency identification technologies; thermal printers; spectrometry technologies; and embedded touch screen solutions. The Precision Motion segment includes optical encoders, precision motor and motion control technology, air bearing spindles and precision machined components to customers. The company was founded in 1968 and is headquartered in Bedford, MA.
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NOVT Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted Novanta's robust financial performance with record cash flow, strong bookings growth, and a strategic focus on new product launches. However, challenges remain in the form of market uncertainties, especially in the life sciences and precision medicine segments. Despite these challenges, the company remains optimistic about 2025 growth driven by innovation and strategic acquisitions.Read More>---
NOVT Stock 12 Month Forecast
Average Price Target
$169.00
▲(16.84% Upside)
Technical Analysis
Best Analysts Covering NOVT
1 Year
1 Year Success Rate
4/4 ratings generated profit
1 Year Average Return
+31.82%
reiterated a buy rating 6 days ago
Copying Brian Drab's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +31.82% per trade.
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