Novanta Stock Price, News & Analysis (NASDAQ:NOVT)

$52.70 0.05 (0.09 %)
(As of 11/17/2017 04:00 PM ET)
Previous Close$52.70
Today's Range$52.95 - $51.71
52-Week Range$18.25 - $53.95
Volume199,749 shs
Average Volume179,512 shs
Market Capitalization$1.82 billion
P/E Ratio34.51
Dividend YieldN/A
Beta1.29

About Novanta (NASDAQ:NOVT)

Novanta logoNovanta Inc., formerly GSI Group Inc., designs, develops, manufactures and sells precision photonic and motion control components and subsystems. The Company's segments are Photonics, Vision and Precision Motion. The Photonics segment designs, manufactures and markets photonics-based solutions, including carbon dioxide (CO2) laser sources, laser scanning and laser beam delivery products, to customers around the world. The Vision Technologies segment designs, manufactures and markets a range of medical grade technologies, including visualization solutions, imaging informatics products, optical data collection and machine vision technologies, radio frequency identification (RFID) technologies, and thermal printers, to customers around the world. The Company's Precision Motion segment designs, manufactures and markets optical encoders, precision motors and other motion control technology, air bearing spindles and precision machined components to customers around the world.


Industry, Sector and Symbol:
  • Industry: Electronic Component
  • Sub-Industry: N/A
  • Sector: Electronic Component
  • Symbol: NASDAQ:NOVT
  • Previous Symbol: NASDAQ:GSIG
  • CUSIP: N/A
  • Web: www.gsig.com
Debt:
  • Debt-to-Equity Ratio: 0.76%
  • Current Ratio: 2.93%
  • Quick Ratio: 2.00%
Price-To-Earnings:
  • Trailing P/E Ratio: 34.51
Sales & Book Value:
  • Annual Sales: $384.76 million
  • Price / Sales: 4.74
  • Cash Flow: $1.71 per share
  • Price / Cash: 30.90
  • Book Value: $8.94 per share
  • Price / Book: 5.89
Profitability:
  • Trailing EPS: $1.68
  • Net Income: $22 million
  • Net Margins: 12.45%
  • Return on Equity: 18.29%
  • Return on Assets: 9.56%
Misc:
  • Employees: 1,269
  • Outstanding Shares: 34,590,000
 

Frequently Asked Questions for Novanta (NASDAQ:NOVT)

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) released its quarterly earnings data on Wednesday, November, 1st. The technology company reported $0.45 EPS for the quarter, topping analysts' consensus estimates of $0.37 by $0.08. The technology company earned $146.30 million during the quarter, compared to the consensus estimate of $132.10 million. Novanta had a net margin of 12.45% and a return on equity of 18.29%. The firm's revenue was up 49.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.29 earnings per share. View Novanta's Earnings History.

When will Novanta make its next earnings announcement?

Novanta is scheduled to release their next quarterly earnings announcement on Monday, March, 5th 2018. View Earnings Estimates for Novanta.

What guidance has Novanta issued on next quarter's earnings?

Novanta issued an update on its FY17 earnings guidance on Wednesday, November, 1st. The company provided EPS guidance of $1.54-1.58 for the period, compared to the Thomson Reuters consensus estimate of $1.41. The company issued revenue guidance of $518-522 million, compared to the consensus revenue estimate of $498.60 million.

Who are some of Novanta's key competitors?

Who are Novanta's key executives?

Novanta's management team includes the folowing people:

  • Stephen W. Bershad, Independent Chairman of the Board (Age 75)
  • Matthijs Glastra, Chief Executive Officer, Director (Age 48)
  • Robert J. Buckley, Chief Financial Officer (Age 42)
  • Brian S. Young, Chief Human Resource Officer (Age 48)
  • Dennis J. Fortino, Independent Director (Age 70)
  • Ira J. Lamel, Independent Director (Age 69)
  • Dominic A. Romeo, Independent Director (Age 57)
  • Thomas N. Secor, Independent Director (Age 46)

Who owns Novanta stock?

Novanta's stock is owned by a number of of institutional and retail investors. Top institutional investors include Wells Fargo & Company MN (5.31%), Paradice Investment Management LLC (5.25%), Dimensional Fund Advisors LP (3.02%), NWQ Investment Management Company LLC (2.30%), Bank of New York Mellon Corp (1.52%) and Artisan Partners Limited Partnership (1.32%). Company insiders that own Novanta stock include Matthijs Glastra, Peter L Chang and Robert Buckley. View Institutional Ownership Trends for Novanta.

Who sold Novanta stock? Who is selling Novanta stock?

Novanta's stock was sold by a variety of institutional investors in the last quarter, including NWQ Investment Management Company LLC, Wells Fargo & Company MN, Royce & Associates LP, Paradice Investment Management LLC, Eagle Boston Investment Management Inc., Russell Investments Group Ltd., Monarch Partners Asset Management LLC and ClariVest Asset Management LLC. View Insider Buying and Selling for Novanta.

Who bought Novanta stock? Who is buying Novanta stock?

Novanta's stock was purchased by a variety of institutional investors in the last quarter, including Artisan Partners Limited Partnership, Neuberger Berman Group LLC, Schroder Investment Management Group, New York State Common Retirement Fund, Mackenzie Financial Corp, JPMorgan Chase & Co., Bamco Inc. NY and Schwab Charles Investment Management Inc.. View Insider Buying and Selling for Novanta.

How do I buy Novanta stock?

Shares of Novanta 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, Scottrade, Fidelity and Charles Schwab.

What is Novanta's stock price today?

One share of Novanta stock can currently be purchased for approximately $52.70.

How big of a company is Novanta?

Novanta has a market capitalization of $1.82 billion and generates $384.76 million in revenue each year. The technology company earns $22 million in net income (profit) each year or $1.68 on an earnings per share basis. Novanta employs 1,269 workers across the globe.

How can I contact Novanta?

Novanta's mailing address is 125 Middlesex Tpke, BEDFORD, MA 01730-1409, United States. The technology company can be reached via phone at +1-781-2665618 or via email at [email protected]


MarketBeat Community Rating for Novanta (NASDAQ NOVT)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  33 (Vote Outperform)
Underperform Votes:  32 (Vote Underperform)
Total Votes:  65
MarketBeat's community ratings are surveys of what our community members think about Novanta and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Analysts' Consensus Rating for Novanta (NASDAQ:NOVT)

  (How are Consensus Ratings Calculated?)
Ratings Breakdown: 0 Sell Ratings, 0 Hold Ratings, 0 Buy Ratings, 0 Strong Buy RatingsNo ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Analysts' Consensus Price Target: N/A

Consensus Price Target History for Novanta (NASDAQ:NOVT)

Price Target History for Novanta (NASDAQ:NOVT)

Analysts' Ratings History for Novanta (NASDAQ:NOVT)

Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History and Estimates Chart for Novanta (NASDAQ:NOVT)

Earnings by Quarter for Novanta (NASDAQ:NOVT)

Earnings History by Quarter for Novanta (NASDAQ NOVT)

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/5/2018        
11/1/2017Q3 2017$0.37$0.45$132.10 million$146.30 millionViewN/AView Earnings Details
8/3/2017Q2 2017$0.32$0.41$111.40 million$119.10 millionViewListenView Earnings Details
5/8/2017Q1 2017$0.24$0.31$101.20 million$109.00 millionViewListenView Earnings Details
3/6/2017Q4 2016$0.28$0.35$99.70 million$98.90 millionViewListenView Earnings Details
11/2/2016Q316$0.27$0.29$97.80 million$97.80 millionViewN/AView Earnings Details
8/2/2016Q216$0.24$0.27$95.50 million$97.70 millionViewN/AView Earnings Details
5/6/2016Q116$0.18$0.18$88.90 million$90.30 millionViewN/AView Earnings Details
3/2/2016Q415$0.21$0.29$91.20 million$90.20 millionViewN/AView Earnings Details
11/4/2015Q3$0.20$0.24$92.60 million$92.30 millionViewN/AView Earnings Details
8/5/2015Q215$0.20$0.20$93.50 million$96.50 millionViewN/AView Earnings Details
5/7/2015Q1$0.16$0.20$88.90 million$94.60 millionViewN/AView Earnings Details
3/4/2015Q414$0.19$0.24$95.02 million$94.00 millionViewN/AView Earnings Details
11/5/2014Q314$0.19$0.23$95.60 million$94.66 millionViewN/AView Earnings Details
8/6/2014Q214$0.17$0.19$93.68 million$96.90 millionViewN/AView Earnings Details
5/6/2014Q114$0.09$0.14$75.63 million$79.13 millionViewN/AView Earnings Details
3/11/2014Q413$0.14$0.13$88.00 million$87.70 millionViewN/AView Earnings Details
11/5/2013Q313$0.12$0.15$85.80 million$85.50 millionViewN/AView Earnings Details
8/6/2013Q2 2013$0.02$0.14$84.84 million$85.31 millionViewN/AView Earnings Details
3/12/2013Q4 2012$0.13$0.44$65.67 million$66.40 millionViewN/AView Earnings Details
11/7/2012Q312$0.15$0.22$69.98 million$69.50 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Novanta (NASDAQ:NOVT)
Current Year EPS Consensus Estimate: $1.56 EPS

Dividends

Dividend History for Novanta (NASDAQ:NOVT)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Novanta (NASDAQ NOVT)

Insider Ownership Percentage: 8.30%
Institutional Ownership Percentage: 77.97%
Insider Trades by Quarter for Novanta (NASDAQ:NOVT)
Insider Trades by Quarter for Novanta (NASDAQ:NOVT)

Insider Trades by Quarter for Novanta (NASDAQ NOVT)

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/19/2016Peter L ChangVPSell1,000$17.13$17,130.00View SEC Filing  
5/16/2016Robert BuckleyCFOSell9,000$15.00$135,000.00View SEC Filing  
11/19/2015Matthijs GlastraCOOSell3,795$14.00$53,130.00View SEC Filing  
5/18/2015John A RoushCEOSell10,000$14.54$145,400.00View SEC Filing  
5/14/2015Robert BuckleyCFOSell8,100$14.66$118,746.00View SEC Filing  
5/12/2014Deborah MulryanVPSell16,244$12.50$203,050.00View SEC Filing  
5/9/2014Robert BuckleyCFOSell20,000$12.37$247,400.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Novanta (NASDAQ:NOVT)

Latest Headlines for Novanta (NASDAQ NOVT)

Source:
DateHeadline
ETFs with exposure to Novanta, Inc. : November 17, 2017ETFs with exposure to Novanta, Inc. : November 17, 2017
finance.yahoo.com - November 18 at 8:38 AM
NDS announces new HDBaseT-driven integrated operating room networking solution at MEDICA 2017NDS announces new HDBaseT-driven integrated operating room networking solution at MEDICA 2017
finance.yahoo.com - November 14 at 5:23 AM
New Scan Heads Deliver Increased Stability of Laser Beam FocusNew Scan Heads Deliver Increased Stability of Laser Beam Focus
finance.yahoo.com - November 14 at 5:23 AM
ETFs with exposure to Novanta, Inc. : November 6, 2017ETFs with exposure to Novanta, Inc. : November 6, 2017
finance.yahoo.com - November 7 at 7:44 AM
Novanta, Inc. :NOVT-US: Earnings Analysis: Q3, 2017 By the Numbers : November 3, 2017Novanta, Inc. :NOVT-US: Earnings Analysis: Q3, 2017 By the Numbers : November 3, 2017
finance.yahoo.com - November 4 at 8:06 AM
Novanta, Inc.: Strong price momentum but will it sustain?Novanta, Inc.: Strong price momentum but will it sustain?
finance.yahoo.com - November 4 at 8:06 AM
Novanta Announces Financial Results for the Third Quarter 2017Novanta Announces Financial Results for the Third Quarter 2017
finance.yahoo.com - November 2 at 6:57 AM
Edited Transcript of NOVT earnings conference call or presentation 1-Nov-17 9:00pm GMTEdited Transcript of NOVT earnings conference call or presentation 1-Nov-17 9:00pm GMT
finance.yahoo.com - November 2 at 6:57 AM
Novanta Inc. (NOVT) Issues Quarterly  Earnings ResultsNovanta Inc. (NOVT) Issues Quarterly Earnings Results
www.americanbankingnews.com - November 1 at 8:08 PM
Novanta Inc. (NOVT) Issues FY17 Earnings GuidanceNovanta Inc. (NOVT) Issues FY17 Earnings Guidance
www.americanbankingnews.com - November 1 at 7:44 PM
Novanta to Present at the Stifel 2017 Healthcare ConferenceNovanta to Present at the Stifel 2017 Healthcare Conference
finance.yahoo.com - October 31 at 6:58 AM
Novanta Inc. (NOVT) Scheduled to Post Quarterly Earnings on WednesdayNovanta Inc. (NOVT) Scheduled to Post Quarterly Earnings on Wednesday
www.americanbankingnews.com - October 25 at 10:02 AM
Novanta to Present at the Baird 2017 Global Industrial ConferenceNovanta to Present at the Baird 2017 Global Industrial Conference
finance.yahoo.com - October 24 at 7:46 AM
What Is Novanta Inc’s (NOVT) Share Price Doing?What Is Novanta Inc’s (NOVT) Share Price Doing?
finance.yahoo.com - October 22 at 7:39 PM
ETFs with exposure to Novanta, Inc. : October 11, 2017ETFs with exposure to Novanta, Inc. : October 11, 2017
finance.yahoo.com - October 12 at 7:33 AM
Novanta Inc. Schedules Earnings Release and Conference Call for Wednesday, November 1, 2017Novanta Inc. Schedules Earnings Release and Conference Call for Wednesday, November 1, 2017
finance.yahoo.com - October 11 at 3:21 AM
ETFs with exposure to Novanta, Inc. : September 28, 2017ETFs with exposure to Novanta, Inc. : September 28, 2017
finance.yahoo.com - October 2 at 6:03 PM
New Digital Servo Driver Improves Speed and Precision for Laser Beam SteeringNew Digital Servo Driver Improves Speed and Precision for Laser Beam Steering
finance.yahoo.com - October 2 at 6:03 PM
ETFs with exposure to Novanta, Inc. : September 13, 2017ETFs with exposure to Novanta, Inc. : September 13, 2017
finance.yahoo.com - September 14 at 8:22 AM
Novanta (NOVT) Presents At Bairds 2017 Global Healthcare Conference - SlideshowNovanta (NOVT) Presents At Baird's 2017 Global Healthcare Conference - Slideshow
seekingalpha.com - September 10 at 3:13 AM
ETFs with exposure to Novanta, Inc. : September 2, 2017ETFs with exposure to Novanta, Inc. : September 2, 2017
finance.yahoo.com - September 2 at 6:50 AM
Novanta, Inc. :NOVT-US: Earnings Analysis: Q2, 2017 By the Numbers : August 29, 2017Novanta, Inc. :NOVT-US: Earnings Analysis: Q2, 2017 By the Numbers : August 29, 2017
finance.yahoo.com - August 30 at 7:17 AM
Novanta, Inc. – Value Analysis (NASDAQ:NOVT) : August 23, 2017Novanta, Inc. – Value Analysis (NASDAQ:NOVT) : August 23, 2017
finance.yahoo.com - August 24 at 10:08 AM
Novanta to present at Baird Global Healthcare ConferenceNovanta to present at Baird Global Healthcare Conference
finance.yahoo.com - August 19 at 5:52 AM
Novanta, Inc. breached its 50 day moving average in a Bearish Manner : NOVT-US : August 11, 2017Novanta, Inc. breached its 50 day moving average in a Bearish Manner : NOVT-US : August 11, 2017
finance.yahoo.com - August 12 at 6:18 AM
Novanta Inc. (NASDAQ:NOVT) Announces  Earnings ResultsNovanta Inc. (NASDAQ:NOVT) Announces Earnings Results
www.americanbankingnews.com - August 5 at 6:46 PM
Novanta Announces Financial Results for the Second Quarter 2017Novanta Announces Financial Results for the Second Quarter 2017
finance.yahoo.com - August 4 at 6:24 AM
Edited Transcript of NOVT earnings conference call or presentation 3-Aug-17 2:00pm GMTEdited Transcript of NOVT earnings conference call or presentation 3-Aug-17 2:00pm GMT
finance.yahoo.com - August 4 at 6:24 AM
Novanta posts 2Q profitNovanta posts 2Q profit
finance.yahoo.com - August 4 at 6:24 AM
Novanta Inc. (NOVT) Issues Q3 Earnings GuidanceNovanta Inc. (NOVT) Issues Q3 Earnings Guidance
www.americanbankingnews.com - August 3 at 2:38 PM
Novanta Inc. (NOVT) Set to Announce Earnings on ThursdayNovanta Inc. (NOVT) Set to Announce Earnings on Thursday
www.americanbankingnews.com - July 27 at 1:48 PM
Novanta Inc. Schedules Earnings Release and Conference Call for Thursday, August 3, 2017Novanta Inc. Schedules Earnings Release and Conference Call for Thursday, August 3, 2017
finance.yahoo.com - July 7 at 7:43 AM
Novanta Announces Closing of World of Medicine AcquisitionNovanta Announces Closing of World of Medicine Acquisition
finance.yahoo.com - July 6 at 7:25 AM
Novanta (NOVT) Updates On World of Medicine Acquisition - M&A SlideshowNovanta (NOVT) Updates On World of Medicine Acquisition - M&A Slideshow
seekingalpha.com - June 8 at 7:47 PM
Novanta (NOVT) to Acquire World of Medicine for EUR115 MillionNovanta (NOVT) to Acquire World of Medicine for EUR115 Million
www.streetinsider.com - June 7 at 8:31 AM
Novanta posts 1Q profitNovanta posts 1Q profit
marketbeat.com - May 8 at 9:17 AM
Novantas (NOVT) CEO Matthijs Glastra on Q4 2016 Results - Earnings Call TranscriptNovanta's (NOVT) CEO Matthijs Glastra on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - March 7 at 10:05 AM
Novanta Announces Financial Results for the Fourth Quarter and Full Year 2016Novanta Announces Financial Results for the Fourth Quarter and Full Year 2016
us.rd.yahoo.com - March 6 at 6:21 PM
NOVANTA INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and ExhibitsNOVANTA INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits
biz.yahoo.com - March 6 at 6:21 PM
Q4 2016 Novanta Inc Earnings Release - After Market CloseQ4 2016 Novanta Inc Earnings Release - After Market Close
biz.yahoo.com - March 6 at 8:08 AM
Novanta Increases Ownership in Laser Quantum to over 75 PercentNovanta Increases Ownership in Laser Quantum to over 75 Percent
us.rd.yahoo.com - January 10 at 7:44 PM
NOVANTA INC Files SEC form 8-K, Other EventsNOVANTA INC Files SEC form 8-K, Other Events
biz.yahoo.com - January 6 at 7:33 PM
1:35 pm Novanta to acquire the assets of ThingMagic, a division of Trimble (<a href="/q?s=trmb" name="trmb">TRMB</a>), for $20 mln in cash1:35 pm Novanta to acquire the assets of ThingMagic, a division of Trimble (TRMB), for $20 mln in cash
us.rd.yahoo.com - January 6 at 2:34 AM
Novanta (NOVT) to Acquire ThingMagic Assets from Trimble (TRMB) for $20MNovanta (NOVT) to Acquire ThingMagic Assets from Trimble (TRMB) for $20M
www.streetinsider.com - January 5 at 9:00 PM
Novanta to present at 17th Annual CJS Securities...Novanta to present at 17th Annual CJS Securities...
www.benzinga.com - December 16 at 7:35 PM
Q3 2016 Novanta Inc Earnings Release - After Market CloseQ3 2016 Novanta Inc Earnings Release - After Market Close
biz.yahoo.com - November 2 at 10:00 AM
Q2 2016 Novanta Inc Earnings Release - After Market CloseQ2 2016 Novanta Inc Earnings Release - After Market Close
biz.yahoo.com - August 2 at 11:23 AM
NOVANTA INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial ObligationNOVANTA INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation
biz.yahoo.com - May 20 at 5:21 PM
NOVANTA INC Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Submission of MatterNOVANTA INC Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Submission of Matter
biz.yahoo.com - May 12 at 12:57 PM

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Chart

Novanta (NASDAQ NOVT) Chart for Saturday, November, 18, 2017
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This page was last updated on 11/18/2017 by MarketBeat.com Staff

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