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.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised shares of Novanta from a "hold" rating to a "buy" rating in a research note on Sunday.

Novanta Trading Down 4.3%

Shares of NASDAQ NOVT traded down $5.35 during mid-day trading on Tuesday, hitting $118.66. The stock had a trading volume of 607,377 shares, compared to its average volume of 276,216. The firm has a market cap of $4.27 billion, a P/E ratio of 60.44 and a beta of 1.48. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.70 and a current ratio of 2.56. The business has a 50 day moving average price of $126.07 and a two-hundred day moving average price of $130.08. Novanta has a 1 year low of $98.76 and a 1 year high of $186.75.

Novanta (NASDAQ:NOVT - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The technology company reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.02. The company had revenue of $241.05 million for the quarter, compared to analysts' expectations of $237.97 million. Novanta had a net margin of 7.42% and a return on equity of 15.06%. Novanta's quarterly revenue was up 2.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.73 earnings per share. On average, equities analysts anticipate that Novanta will post 3.03 EPS for the current fiscal year.

Institutional Investors Weigh In On Novanta

Several hedge funds have recently bought and sold shares of NOVT. AQR Capital Management LLC lifted 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 acquiring an additional 1,866 shares during the period. Goldman Sachs Group Inc. grew its position in shares of Novanta by 1.6% during the first quarter. Goldman Sachs Group Inc. now owns 419,037 shares of the technology company's stock valued at $53,582,000 after purchasing an additional 6,533 shares in the last quarter. Finally, Jane Street Group LLC lifted its stake in shares of Novanta by 1,762.5% in the 1st quarter. Jane Street Group LLC now owns 61,631 shares of the technology company's stock valued at $7,881,000 after purchasing an additional 58,322 shares during the last quarter. Institutional investors own 98.35% of the company's stock.

About Novanta

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.

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