×
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
NASDAQ:NOVT

Novanta Stock Forecast, Price & News

$119.58
-1.69 (-1.39%)
(As of 07/1/2022 12:00 AM ET)
Add
Compare
Today's Range
$118.59
$122.08
50-Day Range
$111.53
$133.62
52-Week Range
$110.84
$184.44
Volume
211,837 shs
Average Volume
133,668 shs
Market Capitalization
$4.27 billion
P/E Ratio
73.81
Dividend Yield
N/A
Price Target
N/A

Novanta Stock Forecast (MarketRank)

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
4.06% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
18.33%
From $3.00 to $3.55 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

1.10 out of 5 stars

Computer And Technology Sector

547th out of 937 stocks

Miscellaneous Electrical Machinery, Equipment, & Supplies Industry

15th out of 38 stocks

30 days | 90 days | 365 days | Advanced Chart

Receive NOVT Stock News and Ratings via Email

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

Novanta logo

About Novanta (NASDAQ:NOVT)

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 beam delivery, CO2 laser, solid state laser, ultrafast laser, and optical light engine products serving photonics-based applications for industrial processing, metrology, medical and life science imaging, DNA sequencing, and medical laser procedures. It's Vision segment provides a range of medical grade technologies, including medical insufflators, pumps, and related disposables; visualization solutions; wireless technologies, video recorders, and video integration technologies for operating room integrations; optical data collection and machine vision technologies; radio frequency identification technologies; thermal chart recorders; spectrometry technologies; and embedded touch screen solutions. In addition, its Precision Motion segment offers optical and inductive encoders, precision motors, servo drives and motion control solutions, integrated stepper motors, intelligent robotic end-of-arm technology solutions, air bearings, and air bearing spindles. The company sells its products through its direct sales force, resellers, distributors, and system integrators under the Cambridge Technology, Synrad, Laser Quantum, ARGES, WOM, NDS, NDSsi, Med X Change, Reach Technology, JADAK, ThingMagic, Photo Research, Celera Motion, MicroE, Zettlex, Applimotion, Ingenia, and Westwind brands. The company was formerly known as GSI Group, Inc. and changed its name to Novanta Inc. in May 2016. Novanta Inc. was founded in 1968 and is headquartered in Bedford, Massachusetts.

NOVT Stock News Headlines

Novanta (NASDAQ:NOVT) Sets New 12-Month Low at $113.81
See More Headlines

Industry, Sector and Symbol

Industry
Miscellaneous electrical machinery, equipment, & supplies
Sub-Industry
N/A
Current Symbol
NASDAQ:NOVT
Previous Symbol
NASDAQ:GSIG
Employees
2,700
Year Founded
N/A

Company Calendar

Last Earnings
5/10/2022
Today
7/02/2022
Next Earnings (Estimated)
8/09/2022
Fiscal Year End
12/31/2022

Profitability

Net Income
$50.33 million
Pretax Margin
9.02%

Debt

Sales & Book Value

Annual Sales
$706.79 million
Cash Flow
$3.65 per share
Book Value
$14.64 per share

Miscellaneous

Free Float
35,204,000
Market Cap
$4.27 billion
Optionable
Optionable
Beta
1.11














Novanta Frequently Asked Questions

Should I buy or sell Novanta stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Novanta in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" Novanta stock.
View analyst ratings for Novanta
or view top-rated stocks.

How has Novanta's stock performed in 2022?

Novanta's stock was trading at $176.33 at the beginning of 2022. Since then, NOVT shares have decreased by 32.2% and is now trading at $119.58.
View the best growth stocks for 2022 here
.

When is Novanta's next earnings date?

Novanta is scheduled to release its next quarterly earnings announcement on Tuesday, August 9th 2022.
View our earnings forecast for Novanta
.

How were Novanta's earnings last quarter?

Novanta Inc. (NASDAQ:NOVT) issued its quarterly earnings results on Tuesday, May, 10th. The technology company reported $0.73 EPS for the quarter, beating analysts' consensus estimates of $0.63 by $0.10. The technology company earned $204.20 million during the quarter, compared to analysts' expectations of $195.96 million. Novanta had a trailing twelve-month return on equity of 19.41% and a net margin of 7.73%. The firm's quarterly revenue was up 25.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.58 EPS.
View Novanta's earnings history
.

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

Novanta updated its second quarter 2022 earnings guidance on Tuesday, June, 7th. The company provided EPS guidance of $0.69-$0.73 for the period, compared to the consensus estimate of $0.72. The company issued revenue guidance of $205.00 million-$213.00 million, compared to the consensus revenue estimate of $206.16 million.

Who are Novanta's key executives?

Novanta's management team includes the following people:

What is Matthijs Glastra's approval rating as Novanta's CEO?

44 employees have rated Novanta CEO Matthijs Glastra on Glassdoor.com. Matthijs Glastra has an approval rating of 87% among Novanta's employees.

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), Gilead Sciences (GILD), Intuitive Surgical (ISRG), Lam Research (LRCX), Altria Group (MO), AT&T (T), Abiomed (ABMD), Advanced Micro Devices (AMD) and Broadcom (AVGO).

What is Novanta's stock symbol?

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

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Novanta's stock price today?

One share of NOVT stock can currently be purchased for approximately $119.58.

How much money does Novanta make?

Novanta (NASDAQ:NOVT) has a market capitalization of $4.27 billion and generates $706.79 million in revenue each year. The technology company earns $50.33 million in net income (profit) each year or $1.62 on an earnings per share basis.

How many employees does Novanta have?

Novanta employs 2,700 workers across the globe.

How can I contact Novanta?

Novanta's mailing address is 125 Middlesex Turnpike, Bedford MA, 01730. The official website for Novanta is www.novanta.com. The technology company can be reached via phone at (781) 266-5700, via email at [email protected], or via fax at 781-266-5114.

This page (NASDAQ:NOVT) was last updated on 7/2/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.