Log in

NASDAQ:NOVT - Novanta Stock Price, Forecast & News

$94.01
-2.27 (-2.36 %)
(As of 02/21/2020 04:00 PM ET)
Today's Range
$92.70
Now: $94.01
$96.28
50-Day Range
$89.40
MA: $95.21
$98.60
52-Week Range
$69.31
Now: $94.01
$99.79
Volume125,053 shs
Average Volume80,222 shs
Market Capitalization$3.30 billion
P/E Ratio77.06
Dividend YieldN/A
Beta1.43
Novanta Inc, together with its subsidiaries, designs, manufactures, markets, and sells photonics, vision, and precision motion components and sub-systems to original equipment manufacturers in the medical and industrial markets worldwide. The company's Photonics segment offers photonics-based solutions, including laser scanning and laser beam delivery, CO2 laser, continuous wave and ultrafast laser, and optical light engine products for photonics-based applications, such as industrial material processing, metrology, medical and life science imaging, DNA sequencing, and medical laser procedures. Read More…

Industry, Sector and Symbol

Industry Miscellaneous electrical machinery, equipment, & supplies
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:NOVT
Previous SymbolNASDAQ:GSIG
CUSIPN/A
Phone781-266-5700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$614.34 million
Cash Flow$3.18 per share
Book Value$10.55 per share

Profitability

Net Income$49.11 million

Miscellaneous

Employees2,133
Market Cap$3.30 billion
Next Earnings Date2/26/2020 (Confirmed)
OptionableOptionable

Receive NOVT News and Ratings via Email

Sign-up to receive the latest news and ratings for NOVT and its competitors with MarketBeat's FREE daily newsletter.


Novanta (NASDAQ:NOVT) Frequently Asked Questions

What is Novanta's stock symbol?

Novanta trades on the NASDAQ under the ticker symbol "NOVT."

How were Novanta's earnings last quarter?

Novanta Inc (NASDAQ:NOVT) announced its earnings results on Tuesday, November, 5th. The technology company reported $0.53 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.52 by $0.01. The technology company had revenue of $154.10 million for the quarter, compared to analyst estimates of $155.04 million. Novanta had a return on equity of 20.01% and a net margin of 6.94%. The firm's quarterly revenue was down 4.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.61 EPS. View Novanta's Earnings History.

When is Novanta's next earnings date?

Novanta is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Novanta.

How can I listen to Novanta's earnings call?

Novanta will be holding an earnings conference call on Wednesday, February 26th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for NOVT?

1 brokers have issued 1 year target prices for Novanta's stock. Their forecasts range from $81.00 to $81.00. On average, they anticipate Novanta's stock price to reach $81.00 in the next twelve months. This suggests that the stock has a possible downside of 13.8%. View Analyst Price Targets for Novanta.

What is the consensus analysts' recommendation for Novanta?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Novanta in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Novanta.

Has Novanta been receiving favorable news coverage?

Headlines about NOVT stock have been trending very positive on Saturday, InfoTrie reports. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Novanta earned a news sentiment score of 3.1 on InfoTrie's scale. They also gave media stories about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Novanta.

Are investors shorting Novanta?

Novanta saw a decline in short interest in the month of January. As of January 31st, there was short interest totalling 704,800 shares, a decline of 6.0% from the January 15th total of 749,800 shares. Based on an average daily volume of 139,700 shares, the short-interest ratio is currently 5.0 days. Currently, 2.1% of the company's shares are sold short. View Novanta's Current Options Chain.

Who are some of Novanta's key competitors?

What other stocks do shareholders of Novanta own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Novanta investors own include NVIDIA (NVDA), Alibaba Group (BABA), Intuitive Surgical (ISRG), Broadcom (AVGO), Gilead Sciences (GILD), Netflix (NFLX), Arista Networks (ANET), Palo Alto Networks (PANW), Splunk (SPLK) and Weibo (WB).

Who are Novanta's key executives?

Novanta's management team includes the folowing people:
  • Mr. Matthijs Glastra, CEO & Director (Age 50)
  • Mr. Robert J. Buckley, Chief Financial Officer (Age 45)
  • Mr. Brian S. Young, Chief HR Officer (Age 50)
  • Mr. Peter L. Chang, VP, Corp. Controller & Chief Accounting Officer (Age 54)
  • Mr. Heinrich Dreyer, Group Pres of Minimally Invasive Surgery

Who are Novanta's major shareholders?

Novanta's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Alliancebernstein L.P. (5.30%), William Blair Investment Management LLC (2.90%), Artisan Partners Limited Partnership (2.83%), Conestoga Capital Advisors LLC (2.73%), Janus Henderson Group PLC (2.06%) and Paradice Investment Management LLC (2.00%). Company insiders that own Novanta stock include Matthijs Glastra, Peter L Chang, Robert Buckley and Stephen W Bershad. View Institutional Ownership Trends for Novanta.

Which institutional investors are selling Novanta stock?

NOVT stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Goldman Sachs Group Inc., Fred Alger Management LLC, AXA, Westwood Holdings Group Inc., Alliancebernstein L.P., PNC Financial Services Group Inc. and Stifel Financial Corp. Company insiders that have sold Novanta company stock in the last year include Matthijs Glastra, Peter L Chang, Robert Buckley and Stephen W Bershad. View Insider Buying and Selling for Novanta.

Which institutional investors are buying Novanta stock?

NOVT stock was purchased by a variety of institutional investors in the last quarter, including Eventide Asset Management LLC, Conestoga Capital Advisors LLC, William Blair Investment Management LLC, Artisan Partners Limited Partnership, GW&K Investment Management LLC, Sei Investments Co., Geode Capital Management LLC and Janus Henderson Group PLC. View Insider Buying and Selling for Novanta.

How do I buy shares of Novanta?

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

What is Novanta's stock price today?

One share of NOVT stock can currently be purchased for approximately $94.01.

How big of a company is Novanta?

Novanta has a market capitalization of $3.30 billion and generates $614.34 million in revenue each year. The technology company earns $49.11 million in net income (profit) each year or $2.16 on an earnings per share basis. Novanta employs 2,133 workers across the globe.View Additional Information About Novanta.

What is Novanta's official website?

The official website for Novanta is http://www.novanta.com/.

How can I contact Novanta?

Novanta's mailing address is 125 Middlesex Turnpike, Bedford MA, 01730. The technology company can be reached via phone at 781-266-5700 or via email at [email protected]


MarketBeat Community Rating for Novanta (NASDAQ NOVT)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  262 (Thanks for Voting!)
Underperform Votes:  181 (Thanks for Voting!)
Total Votes:  443
MarketBeat's community ratings are surveys of what our community members think about Novanta and other stocks. Vote "Outperform" if you believe NOVT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NOVT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/22/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel