What is William Blair's Estimate for Novanta Q3 Earnings?

Key Points

• William Blair has reduced its Q3 2025 earnings per share estimate for Novanta to $0.81, down from $0.96, while maintaining a full-year earnings estimate of $3.03 per share.
• Despite the earnings pessimism, Wall Street Zen upgraded Novanta from a "hold" to a "buy" rating, indicating some analyst optimism.
• Novanta's stock has recently experienced a 1.7% decline, with a market cap of approximately $4.09 billion and a 52-week trading range between $98.76 and $186.75.

Novanta Inc. (NASDAQ:NOVT - Free Report) - Research analysts at William Blair lowered their Q3 2025 earnings per share estimates for Novanta in a research note issued to investors on Tuesday, August 5th. William Blair analyst B. Drab now expects that the technology company will post earnings per share of $0.81 for the quarter, down from their previous estimate of $0.96. The consensus estimate for Novanta's current full-year earnings is $3.03 per share. William Blair also issued estimates for Novanta's Q4 2025 earnings at $0.97 EPS and FY2025 earnings at $3.29 EPS.

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

Novanta Trading Up 1.7%

Shares of NASDAQ NOVT traded up $1.94 during midday trading on Thursday, reaching $115.67. 448,198 shares of the stock were exchanged, compared to its average volume of 315,927. The stock has a 50 day moving average price of $125.45 and a 200-day moving average price of $129.20. The company has a current ratio of 2.54, a quick ratio of 1.70 and a debt-to-equity ratio of 0.57. The company has a market capitalization of $4.16 billion, a P/E ratio of 68.04 and a beta of 1.48. Novanta has a 52-week low of $98.76 and a 52-week high of $186.75.

Novanta (NASDAQ:NOVT - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The technology company reported $0.76 EPS for the quarter, topping analysts' consensus estimates of $0.74 by $0.02. The firm had revenue of $241.05 million during 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 firm's quarterly revenue was up 2.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.73 EPS.

Hedge Funds Weigh In On Novanta

Institutional investors have recently added to or reduced their stakes in the business. Principal Financial Group Inc. boosted its stake in Novanta by 0.9% in the 1st quarter. Principal Financial Group Inc. now owns 91,578 shares of the technology company's stock worth $11,710,000 after buying an additional 797 shares during the last quarter. Teacher Retirement System of Texas purchased a new position in shares of Novanta during the 1st quarter worth about $818,000. GAMMA Investing LLC boosted its position in shares of Novanta by 146.0% in the first quarter. GAMMA Investing LLC now owns 401 shares of the technology company's stock worth $51,000 after acquiring an additional 238 shares during the last quarter. Parallel Advisors LLC grew its holdings in Novanta by 1,426.7% in the first quarter. Parallel Advisors LLC now owns 229 shares of the technology company's stock valued at $29,000 after purchasing an additional 214 shares during the period. Finally, D. E. Shaw & Co. Inc. acquired a new position in Novanta during the fourth quarter worth approximately $3,681,000. 98.35% of the stock is currently owned by institutional investors and hedge funds.

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.