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Novanta Inc (NOVT)
NASDAQ:NOVT
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NOVT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$142.35 - $187.12
Previous Close$164.94
Volume321.58K
Average Volume (3M)155.13K
Market Cap
$5.95B
Enterprise Value$6.37B
Total Cash (Recent Filing)$92.69M
Total Debt (Recent Filing)$510.17M
Price to Earnings (P/E)99.0
Beta1.76
Next Earnings
Feb 26, 2025EPS Estimate
$0.71Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.67
Shares Outstanding35,921,328
10 Day Avg. Volume208,022
30 Day Avg. Volume155,125
Standard Deviation0.09
R-Squared0.50
Alpha-0.00010
Financial Highlights & Ratios
Price to Book (P/B)7.98
Price to Sales (P/S)6.45
Price to Cash Flow (P/CF)64.60
P/FCF Ratio76.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.90
Enterprise Value/Gross Profit15.93
Enterprise Value/Ebitda60.84
Forecast
1Y Price Target
$169.00Price Target Upside2.60% Upside
Rating ConsensusHold
Number of Analyst Covering1
Novanta News
PremiumCompany Announcements
Novanta Reports Q3 2024 Earnings and Future Growth
PremiumCompany Announcements
Novanta Promotes John Burke to Chief Accounting OfficerBulls Say, Bears Say
Bulls Say
Growth StrategyRobotics & Automation segment is ready to lead recovery, showing strong sales growth.
Market ConfidenceConfidence is highest in Medical device markets, where end demand remains healthy.
New Product LaunchesNOVT is highly focused on executing a robust set of new products launches.
Bears Say
Capital ExpendituresManagement remains cautionary about customer capex across Industrial markets, particularly in Germany and China.
Customer DecisionsDiscrete customer decisions to defer ramps on new product introductions, combined with capital goods demand softness, are contributing to the revisions.
Sales PerformanceShares traded -6% as planned reacceleration in core sales was tempered and pushed right.
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Ownership Overview
1.76% Insiders
44.90% Mutual Funds
26.02% Other Institutional Investors
0.33% 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 $142.35 and its highest was $187.12 in the past 12 months.
What is Novanta Inc’s market cap?
Currently, no data Available
When is Novanta Inc’s upcoming earnings report date?
Novanta Inc’s upcoming earnings report date is Feb 26, 2025 which is in 96 days.
How were Novanta Inc’s earnings last quarter?
Novanta Inc released its earnings results on Nov 05, 2024. The company reported $0.85 earnings per share for the quarter, missing the consensus estimate of $0.853 by -$0.003.
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 $0.71.
How many shares outstanding does Novanta Inc have?
Novanta Inc has 35,921,330 shares outstanding.
What happened to Novanta Inc’s price movement after its last earnings report?
Novanta Inc reported an EPS of $0.85 in its last earnings report, missing expectations of $0.853. Following the earnings report the stock price went down -5.454%.
Which hedge fund is a major shareholder of Novanta Inc?
Among the largest hedge funds holding Novanta Inc’s share is Grand Jean Capital Management Inc. It holds Novanta Inc’s shares valued at 215K.
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Novanta Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$169.00 (2.60% Upside)
$169.00 (2.60% Upside)
Blogger Sentiment
Neutral
NOVT Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 1.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.3M over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
15.35%
12-Months-Change
Fundamentals
Return on Equity
8.67%
Trailing 12-Months
Asset Growth
18.80%
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
Q3 2024
0:00 / 0:00
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NOVT Stock 12 Month Forecast
Average Price Target
$169.00
▲(2.60% Upside)
Technical Analysis
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