Novanta Inc (NOVT)

Novanta (NOVT) Stock Price & Analysis


NOVT Stock Chart & Stats

Day’s Range$0 - $0
52-Week Range$110.84 - $173.10
Previous Close$169.77
Average Volume (3M)118.93K
Market Cap
Enterprise Value$6.47B
Total Cash (Recent Filing)$82.68M
Total Debt (Recent Filing)$470.67M
Price to Earnings (P/E)83.1
Aug 08, 2023
Next 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
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
Price 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

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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. Get more investment ideas with TipRanks Premium
          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.


                  Novanta Stock Smart Score

                  The Novanta stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. The Smart Score is a quantitative, data-driven rating system and does not include human intervention.
                  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.


                  Top 5 ETFs holding NOVT

                  Market Value
                  Smart Score
                  Vanguard Information Technology ETF
                  iShares Core S&P Total U.S. Stock Market ETF
                  Fidelity MSCI Information Technology Index ETF
                  iShares Core S&P U.S. Growth ETF
                  Schwab U.S. Broad Market ETF
                  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


                  Forecast EPS vs Actual EPS

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