Novanta (NASDAQ:NOVT) Issues Q3 2025 Earnings Guidance

Key Points

• Novanta has provided Q3 2025 earnings guidance with earnings per share forecasted between $0.780 and $0.850, lower than the consensus estimate of $0.930.
• The company's revenue guidance for the same period is set at $244.0 million to $247.0 million, while the consensus estimate stands at $254.6 million.
• Shares of Novanta saw a decrease of 4.3%, trading at $118.66, after the earnings guidance update was announced.

Novanta (NASDAQ:NOVT - Get Free Report) issued an update on its third quarter 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.780-0.850 for the period, compared to the consensus earnings per share estimate of 0.930. The company issued revenue guidance of $244.0 million-$247.0 million, compared to the consensus revenue estimate of $254.6 million. Novanta also updated its FY 2025 guidance to 3.220-3.360 EPS.

Novanta Trading Up 1.7%

NASDAQ:NOVT traded up $1.94 during mid-day trading on Friday, reaching $115.67. 448,198 shares of the company's stock traded hands, compared to its average volume of 315,927. Novanta has a 12-month low of $98.76 and a 12-month high of $186.75. The firm has a market capitalization of $4.16 billion, a price-to-earnings ratio of 68.04 and a beta of 1.48. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.54 and a quick ratio of 1.70. The company has a 50 day moving average price of $125.45 and a 200-day moving average price of $129.04.

Novanta (NASDAQ:NOVT - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The technology company reported $0.76 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.02. The business had revenue of $241.05 million for the quarter, compared to analysts' expectations of $237.97 million. Novanta had a return on equity of 14.70% and a net margin of 6.41%. The business's revenue was up 2.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.73 EPS. On average, sell-side analysts predict that Novanta will post 3.03 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised Novanta from a "hold" rating to a "buy" rating in a research report on Sunday, August 3rd.

Hedge Funds Weigh In On Novanta

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. AQR Capital Management LLC raised its stake in Novanta by 78.9% during the 1st quarter. AQR Capital Management LLC now owns 4,231 shares of the technology company's stock valued at $537,000 after buying an additional 1,866 shares during the last quarter. Jane Street Group LLC raised its stake in Novanta by 1,762.5% during the 1st quarter. Jane Street Group LLC now owns 61,631 shares of the technology company's stock valued at $7,881,000 after buying an additional 58,322 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in Novanta by 1.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 419,037 shares of the technology company's stock valued at $53,582,000 after buying an additional 6,533 shares during the last quarter. 98.35% of the stock is owned by institutional investors.

Novanta Company Profile

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.