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NASDAQ:NOVT

Novanta (NOVT) Stock Price, News & Analysis

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$154.60 -1.12 (-0.72%)
As of 02:00 PM Eastern
This is a fair market value price provided by Massive. Learn more.

About Novanta Stock (NASDAQ:NOVT)

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Key Stats

Today's Range
$151.63
$155.26
50-Day Range
$113.09
$159.19
52-Week Range
$98.27
$165.56
Volume
176,609 shs
Average Volume
435,330 shs
Market Capitalization
$5.51 billion
P/E Ratio
111.88
Dividend Yield
N/A
Price Target
$173.00
Consensus Rating
Hold

Company Overview

Novanta Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
44th Percentile Overall Score

NOVT MarketRank™: 

Novanta scored higher than 44% of companies evaluated by MarketBeat, and ranked 466th out of 630 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Novanta has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on no strong buy ratings, 1 buy rating, 2 hold ratings, and no sell ratings.

  • Upside Potential

    Novanta has a consensus price target of $173.00, representing about 12.0% upside from its current price of $154.40.

  • Amount of Analyst Coverage

    Novanta has only been the subject of 2 research reports in the past 90 days.

  • Read more about Novanta's stock forecast and price target.
  • Earnings Growth

    Earnings for Novanta are expected to grow by 15.04% in the coming year, from $3.59 to $4.13 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Novanta is 112.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 44.36.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Novanta is 112.00, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 165.49.

  • Price to Book Value per Share Ratio

    Novanta has a P/B Ratio of 4.19. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    11.73% of the float of Novanta has been sold short.
  • Short Interest Ratio / Days to Cover

    Novanta has a short interest ratio ("days to cover") of 11.8, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Novanta has recently increased by 2.28%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Novanta does not currently pay a dividend.

  • Dividend Growth

    Novanta does not have a long track record of dividend growth.

  • News Sentiment

    Novanta has a news sentiment score of 0.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 15 news articles for Novanta this week, compared to 3 articles on an average week.
  • MarketBeat Follows

    2 people have added Novanta to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Novanta insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,336,701.00 in company stock.

  • Percentage Held by Insiders

    1.20% of the stock of Novanta is held by insiders.

  • Percentage Held by Institutions

    98.35% of the stock of Novanta is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Novanta's insider trading history.
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NOVT Stock News Headlines

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Novanta Inc. (NOVT) Q1 2026 Earnings Call Transcript
Novanta (NASDAQ:NOVT) Surprises With Q1 CY2026 Sales
See More Headlines

NOVT Stock Analysis - Frequently Asked Questions

Novanta's stock was trading at $118.99 on January 1st, 2026. Since then, NOVT stock has increased by 28.7% and is now trading at $153.09.

Novanta Inc. (NASDAQ:NOVT) announced its quarterly earnings data on Monday, May, 11th. The technology company reported $0.81 EPS for the quarter, beating analysts' consensus estimates of $0.78 by $0.03. The company's quarterly revenue was up 10.4% on a year-over-year basis.
Read the conference call transcript
.

Novanta's Board of Directors approved a share repurchase plan on Thursday, September 18th 2025, which allows the company to buy back $200,000,000 in outstanding shares, according to EventVestor. This means that the company could reacquire up to 4.9% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board of directors believes its shares are undervalued.

Novanta's top institutional investors include Allspring Global Investments Holdings LLC (4.99%), Conestoga Capital Advisors LLC (4.06%), Wasatch Advisors LP (2.79%) and Dimensional Fund Advisors LP (1.77%). Insiders that own company stock include Robert Buckley, Matthijs Glastra and Thomas N Secor.
View institutional ownership trends
.

Shares of NOVT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Novanta investors own include American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH), AUO (AUOTY), iShares Micro-Cap ETF (IWC) and Voyager Therapeutics (VYGR).

Company Calendar

Last Earnings
5/11/2026
Today
5/15/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
ELEC - MISC COMPONENTS
Sub-Industry
Electrical Equipment
Current Symbol
NASDAQ:NOVT
Previous Symbol
NASDAQ:GSIG
CIK
1076930
Employees
3,000
Year Founded
1968

Price Target and Rating

High Price Target
$173.00
Low Price Target
$173.00
Potential Upside/Downside
+12.0%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

EPS (Trailing Twelve Months)
$1.38
Trailing P/E Ratio
112.00
Forward P/E Ratio
43.01
P/E Growth
N/A
Net Income
$53.83 million
Net Margins
5.35%
Pretax Margin
6.92%
Return on Equity
12.06%
Return on Assets
7.70%

Debt

Debt-to-Equity Ratio
0.15
Current Ratio
3.56
Quick Ratio
2.80

Sales & Book Value

Annual Sales
$980.60 million
Price / Sales
5.61
Cash Flow
$5.08 per share
Price / Cash Flow
30.41
Book Value
$36.81 per share
Price / Book
4.19

Miscellaneous

Outstanding Shares
35,610,000
Free Float
35,185,000
Market Cap
$5.50 billion
Optionable
Optionable
Beta
1.62

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This page (NASDAQ:NOVT) was last updated on 5/15/2026 by MarketBeat.com Staff.
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