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Novanta Inc (NOVT)
NASDAQ:NOVT
Novanta (NOVT) Stock Price & Analysis
177 Followers
NOVT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$110.84 - $173.10
Previous Close$169.77
Volume201.67K
Average Volume (3M)118.93K
Market Cap
$6.08B
Enterprise Value$6.47B
Total Cash (Recent Filing)$82.68M
Total Debt (Recent Filing)$470.67M
Price to Earnings (P/E)83.1
Beta1.49
Next Earnings
Aug 08, 2023EPS Estimate
$0.73Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.04
Shares Outstanding35,805,586
10 Day Avg. Volume147,102
30 Day Avg. Volume118,928
Standard Deviation0.10
R-Squared0.46
Alpha0.00952
Financial Highlights & Ratios
Price to Book (P/B)-98.28
Price to Sales (P/S)27.74
Price to Cash Flow (P/CF)144.70
P/FCF Ratio143.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.38
Enterprise Value/Gross Profit17.09
Enterprise Value/Ebitda44.81
Forecast
1Y Price Target
$161.00Price Target Upside-5.17% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Product Insights
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 $110.84 and its highest was $173.10 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 Aug 08, 2023 which is in 65 days.
How were Novanta Inc’s earnings last quarter?
Novanta Inc released its earnings results on May 09, 2023. The company reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.643 by $0.097.
Is Novanta Inc overvalued?
According to Wall Street analysts Novanta Inc’s price is currently Overvalued.
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 $0.73.
How many shares outstanding does Novanta Inc have?
Novanta Inc has 35,805,588 shares outstanding.
What happened to Novanta Inc’s price movement after its last earnings report?
Novanta Inc reported an EPS of $0.74 in its last earnings report, beating expectations of $0.643. Following the earnings report the stock price went down -1.45%.
Which hedge fund is a major shareholder of Novanta Inc?
Among the largest hedge funds holding Novanta Inc’s share is Graham Capital Management, L.P.. It holds Novanta Inc’s shares valued at 283K.
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Novanta Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$161.00 (-5.17% Downside)
$161.00 (-5.17% Downside)
Blogger Sentiment
Bearish
NOVT Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 15.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.5M over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
34.18%
12-Months-Change
Fundamentals
Return on Equity
12.98%
Trailing 12-Months
Asset Growth
1.63%
Trailing 12-Months
Learn more about TipRanks Smart Score
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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Top 5 ETFs holding NOVT
Vanguard Information Technology ETF
$27.04M
iShares Core S&P Total U.S. Stock Market ETF
$6.11M
Fidelity MSCI Information Technology Index ETF
$5.30M
iShares Core S&P U.S. Growth ETF
$3.85M
Schwab U.S. Broad Market ETF
$3.21M
Up to five ETFs with an Outperform Smart Score that hold NOVT. The ETFs are listed according to market value of NOVT within the ETF
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